Should Weakness in Nexchip Semiconductor Corporation's (SHSE:688249) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Should Weakness in Nexchip Semiconductor Corporation's (SHSE:688249) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
It is hard to get excited after looking at Nexchip Semiconductor's (SHSE:688249) recent performance, when its stock has declined 3.8% over the past month. 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. In this article, we decided to focus on Nexchip Semiconductor's ROE.
看完Nexchip Semiconductor (SHSE:688249) 最近的走势表现后,很难感到兴奋,因为它的股票在过去的一个月中下跌了3.8%。但是,如果您仔细观察,您可能会发现它的关键财务指标看起来相当不错,这可能意味着从长期来看,股票的价值有可能会上升,因为市场通常会奖励更具有弹性的长期基本面。在本文中,我们决定将重点放在Nexchip Semiconductor的roe上。
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
roe指股东权益回报率,是一种有用的工具,用于评估公司如何有效地从股东获得的投资中产生回报。简单来说,这衡量了一家公司相对于股东权益的盈利能力。
How Is ROE Calculated?
净资产收益率怎么计算?
The formula for ROE is:
roe的公式是:
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 Nexchip Semiconductor is:
因此,根据以上公式,Nexchip Semiconductor 的 roe 为:
2.6% = CN¥577m ÷ CN¥22b (Based on the trailing twelve months to March 2024).
2.6% = CN¥57700万 ÷ CN¥220亿(基于截至2024年3月的过去十二个月)。
The 'return' is the amount earned after tax over the last twelve months. Another way to think of that is that for every CN¥1 worth of equity, the company was able to earn CN¥0.03 in profit.
“回报”是在过去十二个月内税后赚取的金额。 另一种思考方式是,对于每一元人民币的股本,该公司能够赚取0.03元人民币的利润。
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. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
迄今为止,我们已经了解到roe是公司盈利能力的一种衡量方式。根据公司重新投资或保留这些利润的数量,以及有效程度,我们能够评估公司的盈利增长潜力。一般来说,其他条件相同的情况下,具有高roe和盈利保留能力的公司比没有这些特征的公司的增长率更高。
Nexchip Semiconductor's Earnings Growth And 2.6% ROE
Nexchip Semiconductor 的收益增长和2.6% 的roe
It is quite clear that Nexchip Semiconductor's ROE is rather low. Not just that, even compared to the industry average of 5.8%, the company's ROE is entirely unremarkable. Despite this, surprisingly, Nexchip Semiconductor saw an exceptional 37% net income growth over the past five years. We believe that there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place.
很明显,Nexchip Semiconductor 的roe 相当低。而且,即使与5.8% 的行业平均水平相比,该公司的roe 也毫不出色。尽管如此,令人惊讶的是,在过去五年中,Nexchip Semiconductor 的净收入增长率达到了异常的37%。我们认为,可能还有其他因素对公司的盈利增长产生了积极影响,例如高收益保留或高效的管理。
We then compared Nexchip Semiconductor's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 20% in the same 5-year period.
然后,我们将Nexchip Semiconductor 的净收入增长与行业进行了比较,并且很高兴地看到,该公司的增长率高于行业,在同一5年期内,行业的增长率为20%。
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Earnings growth is an important metric to consider when valuing a stock. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if Nexchip Semiconductor is trading on a high P/E or a low P/E, relative to its industry.
盈利增长是计算股票估值时要考虑的重要指标。投资者应该试图确定预期的盈利增长或下降是否已经定价。这有助于他们判断股票的前景是光明还是暗淡。一个很好的预计盈利增长的指标是市盈率,它基于公司的盈利前景确定市场愿意支付的股票价格。因此,您可能需要查看Nexchip Semiconductor 的市盈率,以确定其相对于行业的高低。
Is Nexchip Semiconductor Efficiently Re-investing Its Profits?
Nexchip Semiconductor 是否有效地再投资其利润?
Given that Nexchip Semiconductor doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.
考虑到Nexchip Semiconductor 不向股东支付普通股息,我们推断该公司一直将其所有利润用于业务增长。
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。
Overall, we feel that Nexchip Semiconductor certainly does have some positive factors to consider. 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. We also studied the latest analyst forecasts and found that the company's earnings growth is expected be similar to its current growth rate. To know more about the latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.
总的来说,我们认为Nexchip Semiconductor 肯定有一些积极的因素需要考虑。尽管其回报率较低,但该公司将其大部分利润再投资于业务中,无疑为其高盈利增长做出了贡献。我们还研究了最新的分析师预测,并发现该公司的盈利增长预计将与其当前的增长率相似。如需了解该公司的最新分析师预测,请查看分析师预测的此可视化工具。
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