Will Weakness in Jiangsu Xukuang Energy Co., Ltd.'s (SHSE:600925) Stock Prove Temporary Given Strong Fundamentals?
Will Weakness in Jiangsu Xukuang Energy Co., Ltd.'s (SHSE:600925) Stock Prove Temporary Given Strong Fundamentals?
Jiangsu Xukuang Energy (SHSE:600925) has had a rough three months with its share price down 7.1%. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study Jiangsu Xukuang Energy's ROE in this article.
江苏旭矿能源(上海证券交易所股票代码:600925)经历了艰难的三个月,其股价下跌了7.1%。但是,如果你密切关注,你可能会发现,鉴于市场通常会奖励财务状况良好的公司,其强劲的财务状况可能意味着该股的长期价值可能会增加。具体而言,我们决定在本文中研究江苏徐矿能源的投资回报率。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Put another way, it reveals the company's success at turning shareholder investments into profits.
股本回报率或投资回报率是股东需要考虑的重要因素,因为它可以告诉他们资本再投资的有效性。换句话说,它揭示了公司成功地将股东投资转化为利润。
How Is ROE Calculated?
ROE 是如何计算的?
The formula for return on equity is:
股本回报率的公式是:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率 = 净利润(来自持续经营业务)÷ 股东权益
So, based on the above formula, the ROE for Jiangsu Xukuang Energy is:
因此,根据上述公式,江苏徐矿能源的投资回报率为:
14% = CN¥2.4b ÷ CN¥17b (Based on the trailing twelve months to September 2023).
14% = 人民币24亿元/17亿元人民币(基于截至2023年9月的过去十二个月)。
The 'return' is the yearly profit. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.14 in profit.
“回报” 是每年的利润。这意味着,每获得价值1元人民币的股东权益,公司就会产生0.14元人民币的利润。
What Is The Relationship Between ROE And Earnings Growth?
投资回报率与收益增长之间有什么关系?
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
到目前为止,我们已经了解到,投资回报率衡量的是公司创造利润的效率。根据公司选择将多少利润进行再投资或 “保留”,我们便能够评估公司未来创造利润的能力。假设其他一切保持不变,那么与不一定具有这些特征的公司相比,投资回报率和利润保留率越高,公司的增长率就越高。
Jiangsu Xukuang Energy's Earnings Growth And 14% ROE
江苏徐矿能源的收益增长和14%的投资回报率
To begin with, Jiangsu Xukuang Energy seems to have a respectable ROE. Further, the company's ROE is similar to the industry average of 12%. This probably goes some way in explaining Jiangsu Xukuang Energy's moderate 10% growth over the past five years amongst other factors.
首先,江苏徐矿能源的投资回报率似乎不错。此外,该公司的投资回报率与行业平均水平的12%相似。除其他因素外,这可能在某种程度上解释了江苏徐矿能源在过去五年中10%的温和增长。
Next, on comparing with the industry net income growth, we found that Jiangsu Xukuang Energy's reported growth was lower than the industry growth of 26% over the last few years, which is not something we like to see.
接下来,与行业净收入增长相比,我们发现江苏徐矿能源报告的增长低于过去几年26%的行业增长,这不是我们希望看到的。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240328/0-c664a9ed1195dcb882383851857fecd9-0-b9b80610da0936611dab35d8e5c012b5.png/big)
Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Jiangsu Xukuang Energy's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
收益增长是对股票进行估值时要考虑的重要指标。对于投资者来说,重要的是要知道市场是否对公司的预期收益增长(或下降)进行了定价。然后,这可以帮助他们确定股票是面向光明还是暗淡的未来。如果你想知道江苏徐矿能源的估值,可以看看这个衡量其市盈率与行业相比的指标。
Is Jiangsu Xukuang Energy Efficiently Re-investing Its Profits?
江苏徐矿能源是否在高效地将利润再投资?
While the company did pay out a portion of its dividend in the past, it currently doesn't pay a dividend. We infer that the company has been reinvesting all of its profits to grow its business.
尽管该公司过去确实支付了部分股息,但目前不支付股息。我们推断,该公司一直在将其所有利润再投资于发展业务。
Conclusion
结论
In total, we are pretty happy with Jiangsu Xukuang Energy's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high rate of return. As a result, the decent growth in its earnings is not surprising.
总的来说,我们对江苏徐矿能源的表现非常满意。特别是,我们喜欢该公司对其业务进行大量再投资,而且回报率很高。因此,其收益的体面增长不足为奇。
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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。