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Is RIAMB (Beijing) Technology Development Co., Ltd.'s (SHSE:603082) Recent Stock Performance Tethered To Its Strong Fundamentals?

Is RIAMB (Beijing) Technology Development Co., Ltd.'s (SHSE:603082) Recent Stock Performance Tethered To Its Strong Fundamentals?

是RIAMB(北京)科技发展有限公司吗s(SHSE: 603082)最近的股票表现与其强劲的基本面息息相关?
Simply Wall St ·  05/14 09:26

Most readers would already be aware that RIAMB (Beijing) Technology Development's (SHSE:603082) stock increased significantly by 28% over the past three months. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Specifically, we decided to study RIAMB (Beijing) Technology Development's ROE in this article.

大多数读者已经意识到,RIAMB(北京)科技发展公司(SHSE: 603082)的股票在过去三个月中大幅增长了28%。鉴于从长远来看,市场会奖励强劲的财务状况,我们想知道在这种情况下是否如此。具体而言,我们决定在本文中研究RIAMB(北京)科技开发公司的投资回报率。

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.

股本回报率或投资回报率是用于评估公司管理层利用公司资本效率的关键指标。简而言之,它衡量公司相对于股东权益的盈利能力。

How To Calculate Return On Equity?

如何计算股本回报率?

The formula for return on equity is:

股本回报率的公式是:

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

股本回报率 = 净利润(来自持续经营业务)÷ 股东权益

So, based on the above formula, the ROE for RIAMB (Beijing) Technology Development is:

因此,根据上述公式,RIAMB(北京)技术开发的投资回报率为:

11% = CN¥165m ÷ CN¥1.5b (Based on the trailing twelve months to March 2024).

11% = 1.65亿元人民币 ÷ 15亿元人民币(基于截至2024年3月的过去十二个月)。

The 'return' is the yearly profit. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.11 in profit.

“回报” 是每年的利润。对此进行概念化的一种方法是,该公司每拥有1元人民币的股本即可获得0.11元人民币的利润。

What Has ROE Got To Do With Earnings Growth?

投资回报率与收益增长有什么关系?

We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. 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 all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.

我们已经确定,投资回报率是衡量公司未来收益的有效盈利指标。现在,我们需要评估公司再投资或 “保留” 了多少利润以用于未来的增长,从而使我们对公司的增长潜力有所了解。假设其他条件都一样,与功能不相同的公司相比,具有更高股本回报率和更高利润保留率的公司通常具有更高的增长率。

A Side By Side comparison of RIAMB (Beijing) Technology Development's Earnings Growth And 11% ROE

RIAMB(北京)科技开发公司的收益增长和11%的投资回报率的并排比较

At first glance, RIAMB (Beijing) Technology Development's ROE doesn't look very promising. However, the fact that the its ROE is quite higher to the industry average of 6.9% doesn't go unnoticed by us. Even more so after seeing RIAMB (Beijing) Technology Development's exceptional 24% net income growth over the past five years. Bear in mind, the company does have a moderately low ROE. It is just that the industry ROE is lower. So, there might well be other reasons for the earnings to grow. For example, it is possible that the broader industry is going through a high growth phase, or that the company has a low payout ratio.

乍一看,RIAMB(北京)科技开发公司的投资回报率看起来并不十分乐观。但是,其投资回报率远高于行业平均水平的6.9%,这一事实并没有被我们忽视。在看到RIAMB(北京)科技发展在过去五年中实现了24%的惊人净收入增长之后,更是如此。请记住,该公司的投资回报率确实适度低。只是行业的投资回报率较低。因此,收益增长很可能还有其他原因。例如,整个行业可能正在经历高增长阶段,或者该公司的派息率很低。

Next, on comparing with the industry net income growth, we found that RIAMB (Beijing) Technology Development's growth is quite high when compared to the industry average growth of 10% in the same period, which is great to see.

接下来,与行业净收入增长相比,我们发现,与同期行业平均增长10%相比,RIAMB(北京)科技开发的增长相当高,这真是太好了。

past-earnings-growth
SHSE:603082 Past Earnings Growth May 14th 2024
SHSE: 603082 过去的收益增长 2024 年 5 月 14 日

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 RIAMB (Beijing) Technology Development's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.

收益增长是对股票进行估值时要考虑的重要指标。投资者接下来需要确定的是,预期的收益增长或缺乏收益是否已经包含在股价中。这样做将帮助他们确定股票的未来是乐观还是不祥的。如果你想知道RIAMB(北京)科技开发公司的估值,可以看看这个衡量其市盈率与行业相比的指标。

Is RIAMB (Beijing) Technology Development Efficiently Re-investing Its Profits?

RIAMB(北京)技术开发公司是否有效地将其利润再投资?

RIAMB (Beijing) Technology Development has a three-year median payout ratio of 45% (where it is retaining 55% of its income) which is not too low or not too high. This suggests that its dividend is well covered, and given the high growth we discussed above, it looks like RIAMB (Beijing) Technology Development is reinvesting its earnings efficiently.

RIAMB(北京)科技开发公司的三年派息率中位数为45%(保留收入的55%),不太低或不太高。这表明其股息覆盖范围良好,鉴于我们上面讨论的高增长,RIAMB(北京)科技发展公司似乎正在有效地对其收益进行再投资。

Summary

摘要

On the whole, we feel that RIAMB (Beijing) Technology Development's performance has been quite good. Particularly, we like that the company is reinvesting heavily into its business at a moderate rate of return. Unsurprisingly, this has led to an impressive earnings growth. If the company continues to grow its earnings the way it has, that could have a positive impact on its share price given how earnings per share influence long-term share prices. Let's not forget, business risk is also one of the factors that affects the price of the stock. So this is also an important area that investors need to pay attention to before making a decision on any business. You can see the 2 risks we have identified for RIAMB (Beijing) Technology Development by visiting our risks dashboard for free on our platform here.

总体而言,我们认为RIAMB(北京)科技开发的表现相当不错。特别是,我们喜欢该公司以适度的回报率对其业务进行大量再投资。毫不奇怪,这带来了令人印象深刻的收益增长。考虑到每股收益如何影响长期股价,如果该公司继续以现有方式增长收益,这可能会对其股价产生积极影响。别忘了,商业风险也是影响股票价格的因素之一。因此,这也是投资者在对任何业务做出决定之前需要注意的重要领域。您可以访问我们的 RIAMB(北京)技术开发确定的 2 种风险 风险仪表板 在我们的平台上免费使用。

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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的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
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