Declining Stock and Decent Financials: Is The Market Wrong About Shaanxi Huada Science Technology Co.,Ltd. (SZSE:301517)?
Declining Stock and Decent Financials: Is The Market Wrong About Shaanxi Huada Science Technology Co.,Ltd. (SZSE:301517)?
It is hard to get excited after looking at Shaanxi Huada Science TechnologyLtd's (SZSE:301517) recent performance, when its stock has declined 10% over the past week. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Specifically, we decided to study Shaanxi Huada Science TechnologyLtd's ROE in this article.
陕西华大科技股份有限公司(SZSE:301517)的股票在过去一周下跌了10%,这让人很难感到兴奋。但是,如果你仔细观察,你会发现其主要财务指标看起来相当不错,这可能意味着,鉴于市场通常奖励更具韧性的长期基本面,该股票在长期内有潜力上涨。具体而言,我们决定在本文中研究陕西华大科技的roe。
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.
股东权益回报率(roe)是一种关键指标,用于评估公司管理层如何有效利用公司资本。更简单地说,它衡量了公司相对股东权益的盈利能力。
How To Calculate Return On Equity?
如何计算股东权益报酬率?
Return on equity can be calculated by using the formula:
股东权益报酬率可以使用以下公式计算:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
净资产收益率 = 净利润(从持续经营中获得)÷ 股东权益
So, based on the above formula, the ROE for Shaanxi Huada Science TechnologyLtd is:
因此,根据上述公式,陕西华大科技的roe为:
5.7% = CN¥79m ÷ CN¥1.4b (Based on the trailing twelve months to March 2024).
5.7%= CN¥7900万 ÷ CN¥14亿元(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. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.06 in profit.
“回报”是企业过去一年的收入。这意味着每1元股东权益,该公司产生了0.06元的利润。
Why Is ROE Important For Earnings Growth?
ROE为什么对净利润增长很重要?
So far, we've learned that ROE is a measure of a company's profitability. 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 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,我们已经了解了ROE是衡量公司盈利能力的一个指标。我们现在需要评估公司再投资或“保留”未来增长的利润量,以此给我们提供公司增长潜力的想法。假设其他所有因素保持不变,ROE和利润保留率越高,相比不具备这些特征的公司,这些公司的增长率就越高。
A Side By Side comparison of Shaanxi Huada Science TechnologyLtd's Earnings Growth And 5.7% ROE
陕西华大科技Ltd.(301517.SZ)的盈利增长和5.7%的roe之间的并排比较
On the face of it, Shaanxi Huada Science TechnologyLtd's ROE is not much to talk about. However, its ROE is similar to the industry average of 6.9%, so we won't completely dismiss the company. Having said that, Shaanxi Huada Science TechnologyLtd has shown a modest net income growth of 9.3% over the past five years. Considering the moderately low ROE, it is quite possible that there might be some other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.
从表面上看,陕西华大科技的roe并不值得一提。但是,其roe类似于6.9%的行业平均水平,因此我们不会完全否定该公司。但是,值得一提的是,陕西华大科技在过去五年中的净利润增长率较为温和。考虑到roe较低,很可能存在其他一些积极影响公司盈利增长的方面,例如高盈利保留率或有效的管理。
We then compared Shaanxi Huada Science TechnologyLtd's net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 12% in the same 5-year period, which is a bit concerning.
然后我们将陕西华大科技的净利润增长与行业进行比较,发现该公司的增长数据低于同一五年期内平均行业增长率12%的水平,这有点令人担忧。
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Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about Shaanxi Huada Science TechnologyLtd's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
在评估股票价值时,盈利增长是一个重要的指标。投资者需要接下来判断是否预期了盈利增长或缺乏盈利增长已经体现在股价中。这样做将有助于确立股票的未来前景是有望还是不妙。如果你想了解陕西华大科技的估值,请看看其市盈率与行业相比的测量标准。
Is Shaanxi Huada Science TechnologyLtd Efficiently Re-investing Its Profits?
陕西华大科技是否有效地再投资利润?
Shaanxi Huada Science TechnologyLtd has a low three-year median payout ratio of 15%, meaning that the company retains the remaining 85% of its profits. This suggests that the management is reinvesting most of the profits to grow the business.
陕西华大科技的三年中位数派息比率很低,为15%,这意味着公司保留了其余85%的利润。这表明管理层正将大部分利润再投资以促进业务增长。
Summary
总的来说,我们对伟明环保的表现非常满意。具体而言,我们喜欢公司以高回报率再投资了其利润的很大一部分。当然,这导致公司的收益大幅增长。但是,最新的行业分析师预测表明,该公司的收益预计将加速增长。
On the whole, we do feel that Shaanxi Huada Science TechnologyLtd has some positive attributes. Specifically, its fairly high earnings growth number, which no doubt was backed by the company's high earnings retention. Still, the low ROE means that all that reinvestment is not reaping a lot of benefit to the investors. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
总的来说,我们确实认为陕西华大科技具有一些积极的特征。具体而言,其相当高的盈利增长数字,毫无疑问是由该公司的高盈利保留率支持的。不过,roe较低意味着所有这些再投资并没有给投资者带来很多好处。就此而言,最新的分析师预测显示,该公司将继续扩大其收益。要了解有关该公司未来盈利增长预测的更多信息,请查看此免费报告中的分析师预测。
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