Do Its Financials Have Any Role To Play In Driving Jiangsu Eazytec Co., Ltd.'s (SHSE:688258) Stock Up Recently?
Do Its Financials Have Any Role To Play In Driving Jiangsu Eazytec Co., Ltd.'s (SHSE:688258) Stock Up Recently?
Jiangsu Eazytec (SHSE:688258) has had a great run on the share market with its stock up by a significant 17% over the last week. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Specifically, we decided to study Jiangsu Eazytec's ROE in this article.
江苏Eazytec(上海证券交易所代码:688258)在股市上表现良好,其股票上周大幅上涨了17%。我们想知道公司的财务状况在价格变动中是否起着什么作用,因为公司的长期基本面通常决定市场业绩。具体而言,我们决定在本文中研究江苏Eazytec的投资回报率。
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股本回报率或投资回报率是用于评估公司管理层利用公司资本效率的关键指标。简而言之,它衡量公司相对于股东权益的盈利能力。
How Is ROE Calculated?
ROE 是如何计算的?
The formula for ROE is:
ROE 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 Eazytec is:
因此,根据上述公式,江苏Eazytec的投资回报率为:
6.1% = CN¥74m ÷ CN¥1.2b (Based on the trailing twelve months to March 2024).
6.1% = 7400万元人民币 ÷ 12亿元人民币(基于截至2024年3月的过去十二个月)。
The 'return' is the income the business earned over the last year. So, this means that for every CN¥1 of its shareholder's investments, the company generates a profit of CN¥0.06.
“回报” 是企业去年获得的收入。因此,这意味着其股东每投资1元人民币,公司就会产生0.06CN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. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.
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。现在,我们需要评估公司再投资或 “保留” 了多少利润以用于未来的增长,从而使我们对公司的增长潜力有所了解。假设其他条件都一样,与功能不相同的公司相比,具有更高股本回报率和更高利润保留率的公司通常具有更高的增长率。
A Side By Side comparison of Jiangsu Eazytec's Earnings Growth And 6.1% ROE
江苏 Eazytec 的收益增长和 6.1% 的投资回报率的并排比较
At first glance, Jiangsu Eazytec's ROE doesn't look very promising. Yet, a closer study shows that the company's ROE is similar to the industry average of 5.2%. Even so, Jiangsu Eazytec has shown a fairly decent growth in its net income which grew at a rate of 5.1%. Taking into consideration that the ROE is not particularly high, we reckon that there could also be other factors at play which could be influencing the company's growth. Such as - high earnings retention or an efficient management in place.
乍一看,江苏 Eazytec 的投资回报率看起来并不十分乐观。然而,一项更仔细的研究表明,该公司的投资回报率与行业平均水平的5.2%相似。即便如此,江苏Eazytec的净收入仍表现出相当不错的增长,增长率为5.1%。考虑到投资回报率不是特别高,我们认为还可能有其他因素在起作用,这些因素可能会影响公司的增长。例如——高收益留存率或实行高效管理。
As a next step, we compared Jiangsu Eazytec's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 3.8%.
下一步,我们将江苏Eazytec的净收入增长与该行业进行了比较,令人高兴的是,我们发现该公司的增长高于行业平均增长3.8%。
![past-earnings-growth](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240430/0-3c09a58c12d802165b1ae500825ef2b4-0-14dc35d51c544242dc023945f89262f7.png/big)
Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. If you're wondering about Jiangsu Eazytec's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
收益增长是股票估值的重要因素。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。通过这样做,他们将知道股票是走向清澈的蓝色海水还是沼泽水域在等着呢。如果你想知道江苏Eazytec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 Eazytec Efficiently Re-investing Its Profits?
江苏 Eazytec 是否有效地将其利润再投资?
In Jiangsu Eazytec's case, its respectable earnings growth can probably be explained by its low three-year median payout ratio of 24% (or a retention ratio of 76%), which suggests that the company is investing most of its profits to grow its business.
就江苏Eazytec而言,其可观的收益增长可以用其三年低的中位派息率(或76%的留存率)来解释,这表明该公司正在将大部分利润投资于业务增长。
Additionally, Jiangsu Eazytec has paid dividends over a period of four years which means that the company is pretty serious about sharing its profits with shareholders.
此外,江苏Eazytec已在四年内派发了股息,这意味着该公司非常认真地与股东分享利润。
Summary
摘要
On the whole, we do feel that Jiangsu Eazytec has some positive attributes. Despite its low rate of return, the fact that the company reinvests a very high portion of its profits into its business, no doubt contributed to its high earnings growth.
总的来说,我们确实认为江苏Eazytec具有一些积极的属性。尽管回报率很低,但该公司将其利润的很大一部分再投资于业务这一事实无疑促进了其高收益增长。
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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。