-
市场
-
产品
-
资讯
-
Moo社区
-
课堂
-
查看更多
-
功能介绍
-
费用费用透明,无最低余额限制
投资选择、功能介绍、费用相关信息由Moomoo Financial Inc.提供
- English
- 中文繁體
- 中文简体
- 深色
- 浅色
Solomon Systech (International) (HKG:2878) Could Become A Multi-Bagger
Solomon Systech (International) (HKG:2878) Could Become A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. Speaking of which, we noticed some great changes in Solomon Systech (International)'s (HKG:2878) returns on capital, so let's have a look.
Return On Capital Employed (ROCE): What Is It?
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. The formula for this calculation on Solomon Systech (International) is:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.31 = US$34m ÷ (US$169m - US$61m) (Based on the trailing twelve months to June 2022).
So, Solomon Systech (International) has an ROCE of 31%. That's a fantastic return and not only that, it outpaces the average of 12% earned by companies in a similar industry.
See our latest analysis for Solomon Systech (International)
SEHK:2878 Return on Capital Employed August 23rd 2022Historical performance is a great place to start when researching a stock so above you can see the gauge for Solomon Systech (International)'s ROCE against it's prior returns. If you'd like to look at how Solomon Systech (International) has performed in the past in other metrics, you can view this free graph of past earnings, revenue and cash flow.
What Does the ROCE Trend For Solomon Systech (International) Tell Us?
Solomon Systech (International) has broken into the black (profitability) and we're sure it's a sight for sore eyes. While the business was unprofitable in the past, it's now turned things around and is earning 31% on its capital. Interestingly, the capital employed by the business has remained relatively flat, so these higher returns are either from prior investments paying off or increased efficiencies. So while we're happy that the business is more efficient, just keep in mind that could mean that going forward the business is lacking areas to invest internally for growth. Because in the end, a business can only get so efficient.
For the record though, there was a noticeable increase in the company's current liabilities over the period, so we would attribute some of the ROCE growth to that. Effectively this means that suppliers or short-term creditors are now funding 36% of the business, which is more than it was five years ago. It's worth keeping an eye on this because as the percentage of current liabilities to total assets increases, some aspects of risk also increase.
The Bottom Line On Solomon Systech (International)'s ROCE
To sum it up, Solomon Systech (International) is collecting higher returns from the same amount of capital, and that's impressive. And with the stock having performed exceptionally well over the last five years, these patterns are being accounted for by investors. In light of that, we think it's worth looking further into this stock because if Solomon Systech (International) can keep these trends up, it could have a bright future ahead.
Before jumping to any conclusions though, we need to know what value we're getting for the current share price. That's where you can check out our FREE intrinsic value estimation that compares the share price and estimated value.
If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity.
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.
如果你正在寻找一款多功能装袋机,有几件事需要注意。首先,我们想找一个正在成长的 返回 论资本使用率(ROCE),除此之外,还不断增加 基础 所用资本的百分比。简而言之,这些类型的企业是复合机器,这意味着它们不断以更高的回报率对收益进行再投资。说到这里,我们注意到了一些很大的变化 晶门科技(国际) (HKG: 2878) 资本回报率,让我们来看看。
资本使用回报率(ROCE):这是什么?
如果你不确定,可以澄清一下,投资回报率是评估公司从投资于业务的资本中获得多少税前收入(按百分比计算)的指标。晶门科技(国际)的计算公式为:
资本使用回报率 = 利息和税前收益 (EBIT) ▲(总资产-流动负债)
0.31 = 3400 万美元 ≥(1.69 亿美元至 6100 万美元) (基于截至2022年6月的过去十二个月)。
所以, 晶门科技(国际)的投资回报率为31%。 这是一个了不起的回报,不仅如此,它还超过了类似行业公司12%的平均收入。
查看我们对晶门科技(国际)的最新分析
SEHK: 2878 2022年8月23日已动用资本申报表在研究股票时,历史表现是一个不错的起点,因此在上面你可以看到所罗门科技(国际)的投资回报率与先前回报率的衡量标准。如果你想看看所罗门科技(国际)过去在其他指标上的表现,你可以查看这个 免费的 过去的收益、收入和现金流图。
晶门科技(国际)的投资回报率趋势告诉我们什么?
Solomon Systech(国际)已经进入亏损状态(盈利能力),我们确信这是眼睛酸痛的景象。尽管该业务过去无利可图,但现在已经扭转了局面,其资本收益为31%。有趣的是,该企业使用的资本一直相对持平,因此这些更高的回报要么来自先前的投资的回报,要么来自效率的提高。因此,尽管我们对业务效率提高感到高兴,但请记住,这可能意味着展望未来,该业务缺少内部投资以实现增长的领域。因为归根结底,企业只能变得如此高效。
但记录在案的是,在此期间,该公司的流动负债显著增加,因此我们将ROCE的部分增长归因于此。实际上,这意味着供应商或短期债权人现在为36%的业务提供资金,比五年前还要多。值得关注这一点,因为随着流动负债占总资产的百分比的增加,风险的某些方面也会增加。
晶门科技(国际)投资回报率的底线
总而言之,晶门科技(国际)正在从相同数量的资本中获得更高的回报,这令人印象深刻。而且,由于该股在过去五年中表现异常出色,投资者正在考虑这些模式。有鉴于此,我们认为值得进一步研究这只股票,因为如果所罗门科技(国际)能够保持这些趋势,它可能会有一个光明的未来。
但是,在得出任何结论之前,我们需要知道当前股价能获得什么价值。在那里你可以看看我们的 免费内在价值估算 它比较了股价和估计价值。
如果你想搜索更多获得高回报的股票,可以看看这个 免费的 资产负债表稳健且股本回报率也很高的股票清单。
对这篇文章有反馈吗?对内容感到担忧? 取得联系 直接和我们联系。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St 的这篇文章本质上是一般性的。 我们仅使用不偏不倚的方法根据历史数据和分析师预测提供评论,我们的文章并非旨在提供财务建议。 它不构成买入或卖出任何股票的建议,也没有考虑您的目标或财务状况。我们的目标是为您提供由基本面数据驱动的长期重点分析。请注意,我们的分析可能未将最新的价格敏感型公司公告或定性材料考虑在内。简而言之,华尔街对上述任何股票都没有头寸。
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
风险及免责提示
moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用浏览器的分享功能,分享给你的好友吧