Are Robust Financials Driving The Recent Rally In Paslin Digital Technology Co., Ltd.'s (SHSE:600215) Stock?
Are Robust Financials Driving The Recent Rally In Paslin Digital Technology Co., Ltd.'s (SHSE:600215) Stock?
Paslin Digital Technology's (SHSE:600215) stock is up by a considerable 12% over the past week. 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 Paslin Digital Technology's ROE in this article.
帕斯林數位技術公司(上海證券交易所代碼：600215)的股票在過去一週上漲了12%。鑑於該公司令人印象深刻的業績，我們決定更仔細地研究其財務指標，因為公司的長期財務健康狀況通常決定著市場結果。具體地說，我們決定在本文中研究Paslin Digital Technology的ROE。
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. Put another way, it reveals the company's success at turning shareholder investments into profits.
股本回報率或淨資產收益率是股東要考慮的一個重要因素，因為它告訴他們他們的資本再投資的效率。換句話說，它揭示了該公司成功地將股東投資轉化為利潤。
View our latest analysis for Paslin Digital Technology
查看我們對帕斯林數位技術的最新分析
How Is ROE Calculated?
淨資產收益率是如何計算的？
The formula for ROE is:
這個淨資產收益率公式是：
Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity
股本回報率=(持續經營的)淨利潤？股東權益
So, based on the above formula, the ROE for Paslin Digital Technology is:
因此，根據上述公式，帕斯林數位技術的淨資產收益率為：
11% = CN¥224m ÷ CN¥2.0b (Based on the trailing twelve months to September 2023).
11%=CN元2.24億×CN元20億元(基於截至2023年9月的12個月)。
The 'return' is the income the business earned over the last year. That means that for every CN¥1 worth of shareholders' equity, the company generated CN¥0.11 in profit.
“回報”指的是企業在過去一年中獲得的收入。這意味著，每增加價值1元的股東權益，公司就會產生0.11元的利潤。
What Is The Relationship Between ROE And Earnings Growth?
淨資產收益率與盈利增長之間有什麼關係？
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. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics.
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。假設其他條件不變，淨資產收益率和利潤保留率越高，與不一定具有這些特徵的公司相比，公司的增長率就越高。
A Side By Side comparison of Paslin Digital Technology's Earnings Growth And 11% ROE
帕斯林數位科技盈利增長與11%淨資產收益率的並列比較
To start with, Paslin Digital Technology's ROE looks acceptable. Especially when compared to the industry average of 5.5% the company's ROE looks pretty impressive. Probably as a result of this, Paslin Digital Technology was able to see a decent growth of 15% over the last five years.
首先，帕斯林數位技術公司的淨資產收益率看起來還可以接受。特別是與5.5%的行業平均水準相比，該公司的淨資產收益率看起來相當令人印象深刻。可能正因為如此，帕斯林數位技術公司在過去五年中能夠實現15%的可觀增長。
When you consider the fact that the industry earnings have shrunk at a rate of 3.9% in the same 5-year period, the company's net income growth is pretty remarkable.
當你考慮到該行業的收益在同一個5年內以3.9%的速度縮水的事實，該公司的淨收入增長是相當了不起的。
Earnings growth is an important metric to consider when valuing a stock. 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 Paslin Digital Technology's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.
盈利增長是評估一隻股票時需要考慮的一個重要指標。對於投資者來說，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。如果你想知道帕斯林數位技術公司的估值，請看看這個衡量其本益比的指標，與其行業相比。
Is Paslin Digital Technology Using Its Retained Earnings Effectively?
帕斯林數位技術公司是否有效地利用了其留存收益？
While the company did pay out a portion of its dividend in the past, it currently doesn't pay a dividend. We infer that the company has been reinvesting all of its profits to grow its business.
雖然該公司過去確實支付了一部分股息，但目前不支付股息。我們推斷，該公司一直在將所有利潤進行再投資，以發展業務。
Summary
摘要
In total, we are pretty happy with Paslin Digital Technology's performance. Particularly, we like that the company is reinvesting heavily into its business, and at a high 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. Remember, the price of a stock is also dependent on the perceived risk. Therefore investors must keep themselves informed about the risks involved before investing in any company. You can see the 3 risks we have identified for Paslin Digital Technology by visiting our risks dashboard for free on our platform here.
總體而言，我們對Paslin Digital Technology的表現相當滿意。特別是，我們喜歡該公司對其業務進行大量再投資，並以高回報率進行投資。不出所料，這導致了令人印象深刻的收益增長。如果該公司繼續以目前的方式增長收益，考慮到每股收益對長期股價的影響，這可能會對其股價產生積極影響。記住，股票的價格也取決於感知到的風險。因此，投資者在投資任何公司之前，必須隨時瞭解所涉及的風險。您可以通過訪問我們的風險控制面板在我們的平臺上是免費的。
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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.