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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 09:53

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.

江蘇恒力液壓有限公司(上海證券交易所代碼:601100)的股票在過去三個月中上漲了4.4%。鑑於其令人印象深刻的業績,我們決定研究該公司的關鍵財務指標,因爲公司的長期基本面通常決定市場業績。特別是,我們今天將關注江蘇恒力液壓有限公司的投資回報率。

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.

投資回報率或股本回報率是評估公司如何有效地從股東那裏獲得投資回報的有用工具。換句話說,它揭示了公司成功地將股東投資轉化爲利潤。

How To Calculate Return On Equity?

如何計算股本回報率?

Return on equity can be calculated by using the formula:

股本回報率可以使用以下公式計算:

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

股本回報率 = 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,江蘇恒力液壓有限公司的投資回報率爲:

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

17% = 25元人民幣 ÷ 150元人民幣(基於截至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」 是過去十二個月的稅後收入。將其概念化的一種方法是,每擁有1元人民幣的股東資本,公司的利潤爲0.17元人民幣。

Why Is ROE Important For Earnings Growth?

爲什麼投資回報率對收益增長很重要?

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,投資回報率是衡量公司盈利能力的指標。根據公司選擇將多少利潤進行再投資或 「保留」,我們便能夠評估公司未來創造利潤的能力。假設其他一切保持不變,那麼與不一定具有這些特徵的公司相比,投資回報率和利潤保留率越高,公司的增長率就越高。

Jiangsu Hengli HydraulicLtd's Earnings Growth And 17% ROE

江蘇恒力液壓有限公司的收益增長和17%的投資回報率

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投資回報率似乎不錯。此外,該公司的投資回報率與行業平均水平的6.3%相比相當不錯。可能是由於這個原因,江蘇恒力液壓有限公司在過去五年中實現了9.9%的可觀增長。

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,與行業淨收入增長相比,我們發現,與同期行業平均增長7.3%相比,江蘇恒力液壓有限公司的增長相當高,這真是太好了。

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SHSE:601100 Past Earnings Growth December 2nd 2024
SHSE: 601100 過去的收益增長 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.

收益增長是對股票進行估值時要考慮的重要指標。對於投資者來說,重要的是要知道市場是否對公司的預期收益增長(或下降)進行了定價。這樣做將幫助他們確定股票的未來是樂觀還是不祥的。今天的601100值多少錢?我們的免費研究報告中的內在價值信息圖有助於可視化601100目前是否被市場錯誤定價。

Is Jiangsu Hengli HydraulicLtd Efficiently Re-investing Its Profits?

江蘇恒力液壓有限公司是否有效地將其利潤再投資?

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.

江蘇恒力液壓有限公司的三年派息率中位數爲37%(這意味着該公司保留了63%的利潤),看來江蘇恒力液壓有限公司正在進行有效的再投資,其收益將實現可觀的增長,並支付的股息覆蓋範圍廣。

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,江蘇恒力液壓有限公司已經派發股息至少十年或更長時間。這表明該公司致力於與股東分享利潤。根據分析師的最新估計,我們發現該公司未來三年的派息率預計將穩定在35%。因此,預計該公司未來的投資回報率也不會有太大變化,分析師預計投資回報率爲18%。

Summary

摘要

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.

總的來說,我們覺得江蘇恒力液壓有限公司的表現相當不錯。具體而言,我們喜歡該公司以高回報率再投資其利潤的很大一部分。當然,這導致該公司的收益大幅增長。話雖如此,最新的行業分析師預測顯示,該公司的收益有望加速。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?點擊此處進入我們分析師對公司的預測頁面。

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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 的這篇文章本質上是籠統的。我們僅使用公正的方法提供基於歷史數據和分析師預測的評論,我們的文章並非旨在提供財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不會考慮最新的價格敏感型公司公告或定性材料。華爾街只是沒有持有上述任何股票的頭寸。

声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息
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