Is Suzhou UIGreen Micro&Nano Technologies Co.,Ltd's (SHSE:688661) Recent Stock Performance Tethered To Its Strong Fundamentals?
Is Suzhou UIGreen Micro&Nano Technologies Co.,Ltd's (SHSE:688661) Recent Stock Performance Tethered To Its Strong Fundamentals?
Suzhou UIGreen Micro&Nano TechnologiesLtd (SHSE:688661) has had a great run on the share market with its stock up by a significant 11% over the last month. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Specifically, we decided to study Suzhou UIGreen Micro&Nano TechnologiesLtd's ROE in this article.
苏州汇源微纳科技股份有限公司(上海证券交易所股票代码：688661)在过去一个月中股价大幅上涨了11%。鉴于该公司令人印象深刻的业绩，我们决定更仔细地研究其财务指标，因为公司的长期财务健康状况通常决定着市场结果。具体地说，我们决定在本文中对苏州绿绿微纳科技有限公司的净资产收益率进行研究。
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
股本回报率或净资产收益率是股东要考虑的一个重要因素，因为它告诉他们他们的资本再投资的效率。简而言之，它衡量的是一家公司相对于股东权益的盈利能力。
Check out our latest analysis for Suzhou UIGreen Micro&Nano TechnologiesLtd
查看我们对苏州UIGreen微纳科技有限公司的最新分析
How Do You Calculate Return On Equity?
你如何计算股本回报率？
The formula for ROE is:
这个净资产收益率公式是：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回报率=(持续经营的)净利润？股东权益
So, based on the above formula, the ROE for Suzhou UIGreen Micro&Nano TechnologiesLtd is:
因此，根据上述公式，苏州绿绿微纳科技有限公司的净资产收益率为：
15% = CN¥89m ÷ CN¥590m (Based on the trailing twelve months to March 2022).
15%=CN元8900万×CN元5.9亿元(以截至2022年3月的12个月为基础)。
The 'return' is the profit 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¥0.15 in profit.
“收益”是过去12个月的利润。将其概念化的一种方法是，公司每持有1元人民币的股东资本，就会获得0.15元的利润。
Why Is ROE Important For Earnings Growth?
为什么净资产收益率对收益增长很重要？
Thus far, we have learned that ROE measures how efficiently a company is generating its profits. 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.
到目前为止，我们已经了解到净资产收益率衡量的是一家公司创造利润的效率。我们现在需要评估公司将多少利润再投资或“保留”用于未来的增长，这就让我们对公司的增长潜力有了一个了解。假设其他条件相同，与没有相同特征的公司相比，拥有更高股本回报率和更高利润保留率的公司通常会有更高的增长率。
A Side By Side comparison of Suzhou UIGreen Micro&Nano TechnologiesLtd's Earnings Growth And 15% ROE
苏州瑞格林微纳科技股份有限公司盈利增长与净资产收益率15%的并列比较
To start with, Suzhou UIGreen Micro&Nano TechnologiesLtd's ROE looks acceptable. Especially when compared to the industry average of 8.9% the company's ROE looks pretty impressive. This probably laid the ground for Suzhou UIGreen Micro&Nano TechnologiesLtd's significant 33% net income growth seen over the past five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.
首先，苏州绿光微纳科技有限公司的净资产收益率看起来是可以接受的。特别是与8.9%的行业平均水平相比，该公司的净资产收益率看起来相当令人印象深刻。这可能为苏州绿光微纳科技有限公司在过去五年中实现33%的净收入增长奠定了基础。我们认为，可能还有其他方面正在积极影响公司的收益增长。例如，公司管理层可能做出了一些良好的战略决策，或者公司的派息率较低。
As a next step, we compared Suzhou UIGreen Micro&Nano TechnologiesLtd's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 16%.
下一步，我们将苏州绿光微纳科技有限公司的净收入增长与行业进行了比较，令人高兴的是，我们发现该公司的增长高于行业平均16%的增长。
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. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. 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 Suzhou UIGreen Micro&Nano TechnologiesLtd is trading on a high P/E or a low P/E, relative to its industry.
盈利增长是评估一只股票时需要考虑的一个重要指标。投资者应该尝试确定预期的收益增长或下降是否已计入价格，无论是哪种情况。通过这样做，他们将知道股票是将进入清澈的蓝色水域，还是等待沼泽水域。衡量预期收益增长的一个很好的指标是市盈率，它根据一只股票的盈利前景决定市场愿意为其支付的价格。因此，你可能会想看看苏州绿光微纳科技有限公司相对于其行业是高市盈率还是低市盈率。
Is Suzhou UIGreen Micro&Nano TechnologiesLtd Making Efficient Use Of Its Profits?
苏州惠林微纳科技有限公司是否有效利用了利润？
Suzhou UIGreen Micro&Nano TechnologiesLtd has a three-year median payout ratio of 41% (where it is retaining 59% of its income) which is not too low or not too high. By the looks of it, the dividend is well covered and Suzhou UIGreen Micro&Nano TechnologiesLtd is reinvesting its profits efficiently as evidenced by its exceptional growth which we discussed above.
苏州绿光微纳科技有限公司的三年中值派息率为41%(该公司保留了59%的收入)，这不是太低也不是太高。从表面上看，股息得到了很好的覆盖，苏州绿茵微纳科技有限公司正在有效地将其利润进行再投资，这一点从我们上面讨论的非凡增长中可见一斑。
Summary
摘要
Overall, we are quite pleased with Suzhou UIGreen Micro&Nano TechnologiesLtd's performance. 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. 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. Not to forget, share price outcomes are also dependent on the potential risks a company may face. So it is important for investors to be aware of the risks involved in the business. To know the 3 risks we have identified for Suzhou UIGreen Micro&Nano TechnologiesLtd visit our risks dashboard for free.
总体而言，我们对苏州绿绿微纳科技有限公司的表现感到满意。具体地说，我们喜欢该公司将一大笔利润以高回报率进行再投资。当然，这导致该公司的收益出现了大幅增长。如果该公司继续以目前的方式增长收益，考虑到每股收益对长期股价的影响，这可能会对其股价产生积极影响。别忘了，股价结果还取决于一家公司可能面临的潜在风险。因此，投资者意识到这项业务所涉及的风险很重要。要了解我们为苏州绿意微纳科技有限公司确定的三大风险，请免费访问我们的风险仪表板。
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本文由Simply Wall St.撰写，具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论，我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议，也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意，我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。