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Is Jiangsu Hengli Hydraulic Co.,Ltd's (SHSE:601100) Latest Stock Performance Being Led By Its Strong Fundamentals?

Is Jiangsu Hengli Hydraulic Co.,Ltd's (SHSE:601100) Latest Stock Performance Being Led By Its Strong Fundamentals?

江蘇恒立液壓股份有限公司(SHSE:601100)最新的股票表現是否由其強勁的基本面所主導?
Simply Wall St ·  12/02 08:53

Jiangsu Hengli HydraulicLtd's (SHSE:601100) stock is up by 4.4% over the past three months. Given its impressive performance, we decided to study the company's key financial indicators as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Jiangsu Hengli HydraulicLtd's ROE today.

江蘇恒立液壓機械股份有限公司(SHSE:601100)的股價在過去三個月上漲了4.4%。考慮到其出色的表現,我們決定研究該公司的重要財務指標,因爲一家公司的長期基本面通常決定了市場的走勢。特別地,我們將關注江蘇恒立液壓機械股份有限公司的roe今天。

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. Put another way, it reveals the company's success at turning shareholder investments into profits.

ROE或股東權益報酬率是一種有用的工具,用於評估一家公司能否有效地利用來自股東的投資產生回報。換句話說,它揭示了公司將股東的投資變成利潤的成功程度。

How To Calculate Return On Equity?

如何計算股東權益報酬率?

Return on equity can be calculated by using the formula:

股東權益報酬率可以使用以下公式計算:

Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity

淨資產收益率 = 淨利潤(來自持續經營) ÷ 股東權益

So, based on the above formula, the ROE for Jiangsu Hengli HydraulicLtd is:

因此,根據上述公式,江蘇恒力液壓的roe爲:

17% = CN¥2.5b ÷ CN¥15b (Based on the trailing twelve months to September 2024).

17% = 25億人民幣 ÷ 150億人民幣(截至2024年9月的過去十二個月)。

The 'return' is the amount earned after tax over the last twelve months. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.17 in profit.

「回報」是稅後收益,在過去12個月中獲得的。一個概念是,對於每個股東資本的CN¥1,公司將獲得盈利CN¥0.17。

Why Is ROE Important For Earnings Growth?

ROE爲什麼對淨利潤增長很重要?

So far, we've learned that ROE is a measure of a company's profitability. 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.

到目前爲止,我們已經了解到roe是公司盈利能力的一種衡量標準。根據公司選擇重新投資或「留存」的利潤比例,我們能夠評估公司未來產生利潤的能力。其他條件不變的情況下,roe和盈利留存越高,相較於不具備這些特徵的公司,企業的增長率越高。

Jiangsu Hengli HydraulicLtd's Earnings Growth And 17% ROE

江蘇恒力液壓有限公司的盈利增長和17%的roe

At first glance, Jiangsu Hengli HydraulicLtd seems to have a decent ROE. Further, the company's ROE compares quite favorably to the industry average of 6.3%. Probably as a result of this, Jiangsu Hengli HydraulicLtd was able to see a decent growth of 9.9% over the last five years.

乍一看,江蘇恒力液壓有限公司的roe似乎相當不錯。此外,該公司的roe與行業平均水平6.3%相比相當有利。可能正因爲此,江蘇恒力液壓有限公司在過去五年中能夠看到9.9%的不錯增長。

Next, on comparing with the industry net income growth, we found that Jiangsu Hengli HydraulicLtd's growth is quite high when compared to the industry average growth of 7.3% in the same period, which is great to see.

接下來,與行業淨利潤增長進行比較,我們發現江蘇恒力液壓有限公司的增長在同一時期相比行業平均增長7.3%來說是相當高的,這是一個令人振奮的現象。

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SHSE:601100 Past Earnings Growth December 2nd 2024
SHSE:601100 過去盈利增長 2024年12月2日

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). Doing so will help them establish if the stock's future looks promising or ominous. What is 601100 worth today? The intrinsic value infographic in our free research report helps visualize whether 601100 is currently mispriced by the market.

盈利增長是評估股票價值時的重要指標。對投資者而言,了解市場是否將公司預期的盈利增長(或下降)價格化是很重要的。這樣做將幫助他們確定股票的未來是否看漲還是看跌。今天601100值多少?我們免費研究報告中的內在價值信息圖表可以幫助您看出市場當前是否對601100進行了錯誤定價。

Is Jiangsu Hengli HydraulicLtd Efficiently Re-investing Its Profits?

江蘇亨利液壓有限公司是否有效地重新投資其利潤?

With a three-year median payout ratio of 37% (implying that the company retains 63% of its profits), it seems that Jiangsu Hengli HydraulicLtd is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.

三年的中位數支付比率爲37%(暗示公司留存了63%的利潤),看起來江蘇亨利液壓有限公司以一種能夠使其盈利增長可觀並支付得到充分覆蓋的股息的方式高效地再投資。

Besides, Jiangsu Hengli HydraulicLtd has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 35%. Therefore, the company's future ROE is also not expected to change by much with analysts predicting an ROE of 18%.

此外,江蘇亨利液壓有限公司至少連續十年支付股息。這表明公司致力於與股東分享利潤。根據最新分析師的估計,我們發現公司未來三年的股息支付比率預計將保持在35%。因此,分析師預測公司未來的ROE也不會有太大變化,預計ROE爲18%。

Summary

總結

On the whole, we feel that Jiangsu Hengli HydraulicLtd's performance has been quite good. Specifically, we like that the company is reinvesting a huge chunk of its profits at a high rate of return. This of course has caused the company to see substantial growth in its earnings. With that said, the latest industry analyst forecasts reveal that the company's earnings are expected to accelerate. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.

總體而言,我們認爲江蘇恒力液壓有限公司的表現相當不錯。具體來說,我們喜歡這家公司以高投資回報率再投資其大部分利潤。這導致公司盈利實現了可觀增長。話雖如此,最新的行業分析師預測顯示,預計該公司的盈利將加速增長。這些分析師的預期是基於對該行業的廣泛預期,還是基於公司的基本面?點擊這裏查看我們對該公司的分析師預測頁面。

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。

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