-
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
Investors Should Be Encouraged By Nantong Jiangshan Agrochemical & ChemicalsLtd's (SHSE:600389) Returns On Capital
Investors Should Be Encouraged By Nantong Jiangshan Agrochemical & ChemicalsLtd's (SHSE:600389) Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we'll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. And in light of that, the trends we're seeing at Nantong Jiangshan Agrochemical & ChemicalsLtd's (SHSE:600389) look very promising so lets take a look.
Return On Capital Employed (ROCE): What Is It?
If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. The formula for this calculation on Nantong Jiangshan Agrochemical & ChemicalsLtd is:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.47 = CN¥2.0b ÷ (CN¥7.0b - CN¥2.9b) (Based on the trailing twelve months to June 2022).
Therefore, Nantong Jiangshan Agrochemical & ChemicalsLtd has an ROCE of 47%. In absolute terms that's a great return and it's even better than the Chemicals industry average of 9.8%.
Check out our latest analysis for Nantong Jiangshan Agrochemical & ChemicalsLtd
SHSE:600389 Return on Capital Employed September 4th 2022In the above chart we have measured Nantong Jiangshan Agrochemical & ChemicalsLtd's prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free report for Nantong Jiangshan Agrochemical & ChemicalsLtd.
What Can We Tell From Nantong Jiangshan Agrochemical & ChemicalsLtd's ROCE Trend?
Investors would be pleased with what's happening at Nantong Jiangshan Agrochemical & ChemicalsLtd. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 47%. Basically the business is earning more per dollar of capital invested and in addition to that, 168% more capital is being employed now too. So we're very much inspired by what we're seeing at Nantong Jiangshan Agrochemical & ChemicalsLtd thanks to its ability to profitably reinvest capital.
On a related note, the company's ratio of current liabilities to total assets has decreased to 41%, which basically reduces it's funding from the likes of short-term creditors or suppliers. This tells us that Nantong Jiangshan Agrochemical & ChemicalsLtd has grown its returns without a reliance on increasing their current liabilities, which we're very happy with. Nevertheless, there are some potential risks the company is bearing with current liabilities that high, so just keep that in mind.
What We Can Learn From Nantong Jiangshan Agrochemical & ChemicalsLtd's ROCE
To sum it up, Nantong Jiangshan Agrochemical & ChemicalsLtd has proven it can reinvest in the business and generate higher returns on that capital employed, which is terrific. Since the stock has returned a staggering 189% to shareholders over the last five years, it looks like investors are recognizing these changes. With that being said, we still think the promising fundamentals mean the company deserves some further due diligence.
If you'd like to know about the risks facing Nantong Jiangshan Agrochemical & ChemicalsLtd, we've discovered 2 warning signs that you should be aware of.
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.
我们应该寻找哪些早期趋势来识别一只可能在长期内成倍增值的股票?首先,我们希望看到一个经过验证的退货关于已使用资本(ROCE)的增长,其次是扩张基地已动用资本的比例。这向我们表明,它是一台复合机器,能够不断地将其收益再投资于企业,并产生更高的回报。有鉴于此,我们看到的趋势南通江山农化股份有限公司(上海证券交易所:600389)看起来很有前途,所以让我们来看看。
资本回报率(ROCE):它是什么?
如果你以前没有使用过ROCE,它衡量的是一家公司从业务资本中获得的“回报”(税前利润)。南通江山农化股份有限公司的计算公式为:
已动用资本回报率=息税前收益(EBIT)?(总资产-流动负债)
0.47=CN元20亿?(CN元70亿-CN元29亿)(根据截至2022年6月的往绩12个月计算).
所以呢,南通江山农化股份有限公司的净资产收益率为47%。按绝对值计算,这是一个很高的回报率,甚至比化工行业9.8%的平均回报率还要高。
查看我们对南通江山农化股份有限公司的最新分析
上证综指:2022年9月4日资本回报率600389在上面的图表中,我们衡量了南通江山农化股份有限公司之前的净资产收益率和之前的业绩,但可以说,未来更重要。如果您想查看分析师对未来的预测,您应该查看我们的免费南通江山农化股份有限公司考察报告
从南通江山农化股份有限公司的ROCE趋势中我们可以看出什么?
投资者会对南通江山农化股份有限公司发生的事情感到高兴。这些数字显示,在过去五年中,资本回报率大幅增长至47%。基本上,企业每投入一美元资本就能赚到更多的钱,除此之外,现在使用的资本也增加了168%。因此,我们被我们在南通江山农化股份有限公司看到的非常鼓舞人心,这要归功于它能够有利可图地进行资本再投资。
另外,该公司的流动负债与总资产之比已降至41%,这基本上减少了该公司从短期债权人或供应商等方面获得的资金。这告诉我们,南通江山农化股份有限公司在不依赖增加流动负债的情况下实现了回报增长,这让我们感到非常高兴。然而,该公司目前的负债如此之高,存在一些潜在的风险,因此请记住这一点。
我们可以从南通江山农化股份有限公司ROCE中学到什么
总而言之,南通江山农化股份有限公司已经证明,它可以对业务进行再投资,并从投入的资本中产生更高的回报,这是非常棒的。由于该股在过去五年里向股东回报了惊人的189%,看起来投资者正在意识到这些变化。话虽如此,我们仍然认为,前景看好的基本面意味着该公司值得进行进一步的尽职调查。
如果您想了解南通江山农化股份有限公司面临的风险,我们发现2个警告标志这一点你应该知道。
如果你想搜索更多高回报的股票,看看这个免费资产负债表稳健,股本回报率也很高的股票名单。
对这篇文章有什么反馈吗?担心内容吗? 保持联系直接与我们联系。或者,也可以给编辑组发电子邮件,地址是implywallst.com。
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。
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