HUNAN RESUN (SZSE:001218) has had a great run on the share market with its stock up by a significant 16% over the last week. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to HUNAN RESUN's ROE today.
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 short, ROE shows the profit each dollar generates with respect to its shareholder investments.
See our latest analysis for HUNAN RESUN
How To Calculate Return On Equity?
Return on equity can be calculated by using the formula:
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
So, based on the above formula, the ROE for HUNAN RESUN is:
6.7% = CN¥134m ÷ CN¥2.0b (Based on the trailing twelve months to June 2022).
The 'return' is the income the business earned over the last year. One way to conceptualize this is that for each CN¥1 of shareholders' capital it has, the company made CN¥0.07 in profit.
Why Is ROE Important For Earnings Growth?
So far, we've learned that ROE is a measure of a company's profitability. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes.
HUNAN RESUN's Earnings Growth And 6.7% ROE
On the face of it, HUNAN RESUN's ROE is not much to talk about. However, given that the company's ROE is similar to the average industry ROE of 7.4%, we may spare it some thought. On the other hand, HUNAN RESUN reported a moderate 17% net income growth over the past five years. Given the slightly low ROE, it is likely that there could be some other aspects that are driving this growth. For instance, the company has a low payout ratio or is being managed efficiently.
As a next step, we compared HUNAN RESUN'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 9.7%.
SZSE:001218 Past Earnings Growth September 23rd 2022
Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about HUNAN RESUN's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
Is HUNAN RESUN Making Efficient Use Of Its Profits?
With a three-year median payout ratio of 47% (implying that the company retains 53% of its profits), it seems that HUNAN RESUN is reinvesting efficiently in a way that it sees respectable amount growth in its earnings and pays a dividend that's well covered.
Summary
Overall, we feel that HUNAN RESUN certainly does have some positive factors to consider. Despite its low rate of return, the fact that the company reinvests a very high portion of its profits into its business, no doubt contributed to its high earnings growth. That being so, the latest analyst forecasts show that the company will continue to see an expansion in its earnings. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more.
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湖南RESUN(SZSE：001218)的股票在過去的一週裏大幅上漲了16%。我們想知道，由於一家公司的長期基本面通常決定着市場結果，該公司的財務狀況是否以及在價格變化中扮演了什麼角色。特別是今天我們將關注湖南瑞信的淨資產收益率。
股本回報率(ROE)是用來評估公司管理層利用公司資本效率的關鍵指標。簡而言之，淨資產收益率顯示了每一美元相對於其股東投資產生的利潤。
查看我們對湖南瑞順的最新分析
如何計算股本回報率？
股本回報率可使用以下公式計算：
股本回報率=(持續經營的)淨利潤？股東權益
因此，根據上述公式，湖南RESUN的淨資產收益率為：
6.7%=1.34億元×20億元(以截至2022年6月的12個月為基礎)。
“回報”指的是企業在過去一年中獲得的收入。一種概念化的方法是，公司每擁有1元人民幣的股東資本，就會獲得0.07元人民幣的利潤。
為什麼淨資產收益率對收益增長很重要？
到目前為止，我們瞭解到淨資產收益率是衡量一家公司盈利能力的指標。根據公司將這些利潤再投資或“保留”多少，以及這樣做的效率如何，我們就能夠評估一家公司的收益增長潛力。一般來説，在其他條件相同的情況下，股本回報率和利潤留存較高的公司比不具備這些特徵的公司有更高的增長率。
湖南瑞信的盈利增長和6.7%的淨資產收益率
從表面上看，湖南RESUN的淨資產收益率(ROE)並不值得談論。然而，鑑於該公司的淨資產收益率(ROE)與7.4%的行業平均ROE相似，我們或許可以省去一些思考。另一方面，湖南RESUN報告稱，過去五年淨收入温和增長17%。鑑於淨資產收益率略低，很可能還有其他一些方面在推動這一增長。例如，該公司的派息率較低或管理效率較高。
下一步，我們將湖南RESUN的淨收入增長與行業進行了比較，令人欣喜的是，我們發現該公司看到的增長高於行業平均9.7%的增長。
深交所：過去盈利增長001218 2022年9月23日
盈利增長是股票估值的一個重要因素。對於投資者來説，重要的是知道市場是否已經消化了公司預期的收益增長(或下降)。這樣做將有助於他們確定該股的未來看起來是光明的還是不祥的。如果你想知道湖南RESUN的估值，看看這個衡量其市盈率的指標，與其行業相比。
湖南瑞信是否有效利用了利潤？
三年的派息率中值為47%(這意味着該公司保留了53%的利潤)，看起來湖南RESUN正在以一種高效的方式進行再投資，它看到了收益可觀的增長，並支付了豐厚的股息。
摘要
總體而言，我們認為湖南瑞順確實有一些積極的因素需要考慮。儘管回報率很低，但該公司將很高比例的利潤再投資於業務，無疑是其高收益增長的原因。既然如此，最新的分析師預測顯示，該公司的收益將繼續增長。要了解更多有關該公司未來收益增長預測的信息，請查看以下內容免費報告分析師對該公司的預測，以瞭解更多信息。
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本文由Simply Wall St.撰寫，具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論，我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議，也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意，我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。
