Here's What's Concerning About Nantong Guosheng Intelligence Technology Group's (SHSE:688558) Returns On Capital
Here's What's Concerning About Nantong Guosheng Intelligence Technology Group's (SHSE:688558) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Having said that, from a first glance at Nantong Guosheng Intelligence Technology Group (SHSE:688558) we aren't jumping out of our chairs at how returns are trending, but let's have a deeper look.
我们应该寻找哪些早期趋势来确定一只可能长期价值成倍增长的股票?一种常见的方法是尝试找一家公司 回报 论资本使用率(ROCE)在增加的同时增长 金额 所用资本的比例。如果你看到这一点,这通常意味着它是一家拥有良好商业模式和大量盈利再投资机会的公司。话虽如此,从南通国盛智能科技集团(SHSE: 688558)的第一眼来看,我们并不是对回报趋势不屑一顾,但让我们更深入地了解一下。
Return On Capital Employed (ROCE): What Is It?
资本使用回报率(ROCE):这是什么?
Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. The formula for this calculation on Nantong Guosheng Intelligence Technology Group is:
为了澄清一下你是否不确定,ROCE是评估公司从投资于其业务的资本中获得多少税前收入(按百分比计算)的指标。南通国盛智能科技集团的计算公式为:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
已动用资本回报率 = 息税前收益 (EBIT) ¥(总资产-流动负债)
0.10 = CN¥164m ÷ (CN¥2.0b - CN¥409m) (Based on the trailing twelve months to December 2023).
0.10 = 1.64亿元人民币 ÷(2.0亿元人民币-4.09亿元人民币) (基于截至2023年12月的过去十二个月)。
So, Nantong Guosheng Intelligence Technology Group has an ROCE of 10%. In absolute terms, that's a satisfactory return, but compared to the Machinery industry average of 6.0% it's much better.
因此,南通国盛智能科技集团的投资回报率为10%。从绝对值来看,这是一个令人满意的回报,但与机械行业6.0%的平均水平相比,回报要好得多。
![roce](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240301/0-6a3be21b232d3b3fa1508ac23fb8c2bd-0-b7644c20c60bf29150fe4262798b9e15.png/big)
While the past is not representative of the future, it can be helpful to know how a company has performed historically, which is why we have this chart above. If you want to delve into the historical earnings , check out these free graphs detailing revenue and cash flow performance of Nantong Guosheng Intelligence Technology Group.
虽然过去并不能代表未来,但了解一家公司的历史表现可能会有所帮助,这就是我们上面有这张图表的原因。如果您想深入研究历史收益,请查看这些免费图表,详细说明南通国盛智能科技集团的收入和现金流表现。
So How Is Nantong Guosheng Intelligence Technology Group's ROCE Trending?
那么南通国盛智能科技集团的ROCE走势如何?
On the surface, the trend of ROCE at Nantong Guosheng Intelligence Technology Group doesn't inspire confidence. Over the last five years, returns on capital have decreased to 10% from 19% five years ago. On the other hand, the company has been employing more capital without a corresponding improvement in sales in the last year, which could suggest these investments are longer term plays. It may take some time before the company starts to see any change in earnings from these investments.
从表面上看,南通国盛智能科技集团的ROCE趋势并不能激发信心。在过去五年中,资本回报率从五年前的19%下降到10%。另一方面,该公司在去年一直在使用更多资本,但销售额没有相应改善,这可能表明这些投资是长期投资。公司可能需要一段时间才能开始看到这些投资的收益发生任何变化。
Our Take On Nantong Guosheng Intelligence Technology Group's ROCE
我们对南通国盛智能科技集团ROCE的看法
In summary, Nantong Guosheng Intelligence Technology Group is reinvesting funds back into the business for growth but unfortunately it looks like sales haven't increased much just yet. Since the stock has declined 27% over the last three years, investors may not be too optimistic on this trend improving either. On the whole, we aren't too inspired by the underlying trends and we think there may be better chances of finding a multi-bagger elsewhere.
总而言之,南通国盛智能科技集团正在将资金再投资到该业务中以实现增长,但不幸的是,销售额似乎还没有太大增长。由于该股在过去三年中下跌了27%,因此投资者对这一趋势的改善可能也不太乐观。总的来说,我们对潜在趋势的启发不大,我们认为在其他地方找到多袋装机的可能性更大。
On a separate note, we've found 1 warning sign for Nantong Guosheng Intelligence Technology Group you'll probably want to know about.
另一方面,我们发现了你可能想知道的南通国盛智能科技集团的1个警告标志。
While Nantong Guosheng Intelligence Technology Group may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.
尽管南通国盛智能科技集团目前可能无法获得最高的回报,但我们编制了一份目前股本回报率超过25%的公司名单。在这里查看这个免费清单。
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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。