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Delixi New Energy Technology (SHSE:603032) Might Have The Makings Of A Multi-Bagger

Delixi New Energy Technology (SHSE:603032) Might Have The Makings Of A Multi-Bagger

德力西新能源科技(SHSE: 603032)可能具有多袋機的優勢
Simply Wall St ·  01/11 07:01

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at Delixi New Energy Technology (SHSE:603032) and its trend of ROCE, we really liked what we saw.

你知道有一些財務指標可以爲潛在的多袋裝袋者提供線索嗎?通常,我們希望注意到增長的趨勢 返回 在資本使用率(ROCE)方面,除此之外,還在擴大 基礎 所用資本的比例。如果你看到這一點,這通常意味着它是一家擁有良好商業模式和大量盈利再投資機會的公司。因此,當我們查看德力西新能源科技(SHSE: 603032)及其投資回報率趨勢時,我們真的很喜歡我們所看到的。

What Is Return On Capital Employed (ROCE)?

什麼是資本使用回報率(ROCE)?

Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. To calculate this metric for Delixi New Energy Technology, this is the formula:

爲了澄清一下你是否不確定,ROCE是評估公司從投資於其業務的資本中獲得多少稅前收入(按百分比計算)的指標。要計算德力西新能源科技的這個指標,公式如下:

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)

已動用資本回報率 = 息稅前收益(EBIT)÷(總資產-流動負債)

0.13 = CN¥207m ÷ (CN¥1.7b - CN¥151m) (Based on the trailing twelve months to September 2023).

0.13 = 2.07億元人民幣 ÷(17億元人民幣-1.51億元人民幣) (基於截至2023年9月的過去十二個月)

So, Delixi New Energy Technology has an ROCE of 13%. In absolute terms, that's a satisfactory return, but compared to the Machinery industry average of 6.1% it's much better.

因此,德力西新能源科技的投資回報率爲13%。從絕對值來看,這是一個令人滿意的回報,但與機械行業的平均水平6.1%相比,回報要好得多。

Check out our latest analysis for Delixi New Energy Technology

查看我們對德力西新能源科技的最新分析

roce
SHSE:603032 Return on Capital Employed January 10th 2024
SHSE: 603032 2024 年 1 月 10 日動用資本回報率

Above you can see how the current ROCE for Delixi New Energy Technology compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Delixi New Energy Technology here for free.

上面你可以看到德力西新能源科技當前的投資回報率與其先前的資本回報率相比如何,但從過去可以看出來的只有那麼多。如果你願意,可以在這裏免費查看報道德力西新能源科技的分析師的預測。

What Can We Tell From Delixi New Energy Technology's ROCE Trend?

我們可以從德力西新能源科技的ROCE趨勢中得出什麼?

We're delighted to see that Delixi New Energy Technology is reaping rewards from its investments and is now generating some pre-tax profits. Shareholders would no doubt be pleased with this because the business was loss-making five years ago but is is now generating 13% on its capital. And unsurprisingly, like most companies trying to break into the black, Delixi New Energy Technology is utilizing 244% more capital than it was five years ago. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance.

我們很高興看到德力西新能源科技正在從其投資中獲得回報,現在正在產生一些稅前利潤。毫無疑問,股東們會對此感到滿意,因爲該企業在五年前虧損,但現在的資本收益爲13%。毫不奇怪,與大多數試圖進入黑市的公司一樣,德力西新能源科技的資本使用量比五年前增加了244%。我們喜歡這種趨勢,因爲它告訴我們公司有有利可圖的再投資機會,如果這種趨勢繼續向前發展,則可能帶來多重業績。

Our Take On Delixi New Energy Technology's ROCE

我們對德力西新能源科技投資回報率的看法

In summary, it's great to see that Delixi New Energy Technology has managed to break into profitability and is continuing to reinvest in its business. Since the stock has only returned 11% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. Given that, we'd look further into this stock in case it has more traits that could make it multiply in the long term.

總而言之,很高興看到德力西新能源科技成功實現盈利並繼續對其業務進行再投資。由於該股在過去五年中僅向股東回報了11%,因此前景良好的基本面可能尚未得到投資者的認可。有鑑於此,我們將進一步研究這隻股票,以防它具有更多可以使其長期成倍增長的特徵。

One more thing, we've spotted 1 warning sign facing Delixi New Energy Technology that you might find interesting.

還有一件事,我們發現了面向德力西新能源科技的1個警告標誌,你可能會覺得有趣。

While Delixi New Energy Technology may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here.

儘管德力西新能源科技目前可能無法獲得最高的回報,但我們編制了一份目前股本回報率超過25%的公司名單。在這裏查看這個免費清單。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
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。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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