<p>在看到 Nichirei（东京证券交易所代码：2871）最近的表现后，很难感到兴奋，因为其股票在过去三个月中下跌了 6.8%。然而，该公司的基本面看起来相当不错，长期财务状况通常与未来市场价格走势一致。具体来说，我们决定在本文中研究 Nichirei 的股本回报率（ROE）。</p>
<p>股本回报率（ROE）是评估公司如何有效地利用股东投资产生回报的有用工具。简单来说，它衡量的是公司相对于股东权益的盈利能力。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<h2>ROE 是如何计算的？</h2>
<p><strong>股本回报率可以通过以下公式计算：</strong></p>
<p>股本回报率 = 净利润（来自持续经营）÷ 股东权益</p>
<p>因此，根据上述公式，Nichirei 的 ROE 为：</p>
<p>9.7% = JP¥26b ÷ JP¥273b（基于截至 2025 年 6 月的过去十二个月）。</p>
<p>“回报” 是企业在过去一年中获得的收入。这意味着，对于每 ¥1 的股东投资，公司产生了 ¥0.10 的利润。</p>
<p>查看我们对 Nichirei 的最新分析</p>
<h2>ROE 与盈利增长有什么关系？</h2>
<p>到目前为止，我们了解到 ROE 是衡量公司盈利能力的指标。根据公司选择再投资或 “保留” 的利润比例，我们能够评估公司未来产生利润的能力。假设其他条件不变，ROE 和利润保留越高，公司相对于不具备这些特征的公司，其增长率就越高。</p>
<h2>Nichirei 的盈利增长与 9.7% 的 ROE</h2>
<p>首先，Nichirei 的 ROE 看起来是可以接受的。尤其是与行业平均水平 7.6% 相比，该公司的 ROE 看起来相当令人印象深刻。然而，Nichirei 在过去五年中仅实现了 4.6% 的微弱增长。通常情况下，当一家公司有高回报率时，其盈利增长率也应该较高。这种情况通常发生在公司将大量盈利作为股息支付，或面临竞争压力时。</p>
<p>我们随后将 Nichirei 的净收入增长与行业进行了比较，发现该公司的增长数据低于同一五年期间行业平均增长率 8.8%，这让人有些担忧。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/876656-past-earnings-growth-1-dark-2/1756076855666?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/876656-past-earnings-growth-1-dark-2/1756076855666"/></p>
<p>东京证券交易所代码：2871 过去的盈利增长 2025 年 8 月 24 日</p>
<p>盈利增长是股票估值的一个重要因素。投资者应该尝试确定预期的盈利增长或下降，无论是哪种情况，是否已经被市场定价。通过这样做，他们将能够了解股票是否正朝着清晰的蓝海前进，还是面临泥泞的水域。市场是否已经定价了 2871 的未来前景？您可以在我们最新的内在价值信息图研究报告中找到答案。</p>
<h2>Nichirei 是否有效利用其利润？</h2>
<p>尽管有 36% 的适度三年中位数派息比率（意味着公司保留了剩余的 64% 收入），但 Nichirei 的盈利增长仍然相当低。因此，这里可能存在其他因素在影响增长。例如，企业面临了一些逆风。</p>
<p>此外，Nichirei 在至少十年的时间里一直在支付股息，这表明保持股息支付对管理层来说比业务增长更为重要，即使这可能会以牺牲业务增长为代价。</p>
<h2>总结</h2>
<p>总体来看，Nichirei 的业务似乎有一些积极的方面。然而，低盈利增长让人有些担忧，尤其是考虑到公司有高回报率并且正在再投资大量利润。从表面上看，可能还有一些其他因素，未必在企业的控制之内，正在阻碍增长。尽管如此，最新的分析师预测显示，该公司将继续看到盈利的扩张。要了解更多关于公司未来盈利增长预测的信息，请查看这份关于公司分析师预测的 <strong>免费</strong> 报告，以获取更多信息。</p>

2871

<p>日清食品公司的股票在过去三个月中下跌了 6.8%，尽管基本面表现尚可。该公司的股本回报率（ROE）为 9.7%，高于行业平均水平的 7.6%。然而，过去五年的盈利增长仅为 4.6%，落后于行业平均的 8.8%。尽管公司的派息率为 36%，属于适中水平，但仍面临可能阻碍增长的挑战。分析师预测盈利将持续扩张，显示出未来改善的潜力</p>

<p>It is hard to get excited after looking at Nichirei's (TSE:2871) recent performance, when its stock has declined 6.8% over the past three months. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. Specifically, we decided to study Nichirei's ROE in this article.</p>
<div class="lb-trans"><p>在看到 Nichirei（东京证券交易所代码：2871）最近的表现后，很难感到兴奋，因为其股票在过去三个月中下跌了 6.8%。然而，该公司的基本面看起来相当不错，长期财务状况通常与未来市场价格走势一致。具体来说，我们决定在本文中研究 Nichirei 的股本回报率（ROE）。</p>
</div><p>ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.</p>
<div class="lb-trans"><p>股本回报率（ROE）是评估公司如何有效地利用股东投资产生回报的有用工具。简单来说，它衡量的是公司相对于股东权益的盈利能力。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><h2>How Is ROE Calculated?</h2>
<div class="lb-trans"><h2>ROE 是如何计算的？</h2>
</div><p><strong>Return on equity can be calculated by using the formula:</strong></p>
<div class="lb-trans"><p><strong>股本回报率可以通过以下公式计算：</strong></p>
</div><p>Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity</p>
<div class="lb-trans"><p>股本回报率 = 净利润（来自持续经营）÷ 股东权益</p>
</div><p>So, based on the above formula, the ROE for Nichirei is:</p>
<div class="lb-trans"><p>因此，根据上述公式，Nichirei 的 ROE 为：</p>
</div><p>9.7% = JP¥26b ÷ JP¥273b (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>9.7% = JP¥26b ÷ JP¥273b（基于截至 2025 年 6 月的过去十二个月）。</p>
</div><p>The 'return' is the income the business earned over the last year. So, this means that for every ¥1 of its shareholder's investments, the company generates a profit of ¥0.10.</p>
<div class="lb-trans"><p>“回报” 是企业在过去一年中获得的收入。这意味着，对于每 ¥1 的股东投资，公司产生了 ¥0.10 的利润。</p>
</div><p>Check out our latest analysis for Nichirei</p>
<div class="lb-trans"><p>查看我们对 Nichirei 的最新分析</p>
</div><h2>What Has ROE Got To Do With Earnings Growth?</h2>
<div class="lb-trans"><h2>ROE 与盈利增长有什么关系？</h2>
</div><p>So far, we've learned that ROE is a measure of a company's profitability. Based on how much of its profits the company chooses to reinvest or &#34;retain&#34;, we are then able to evaluate a company's future ability to generate profits. 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.</p>
<div class="lb-trans"><p>到目前为止，我们了解到 ROE 是衡量公司盈利能力的指标。根据公司选择再投资或 “保留” 的利润比例，我们能够评估公司未来产生利润的能力。假设其他条件不变，ROE 和利润保留越高，公司相对于不具备这些特征的公司，其增长率就越高。</p>
</div><h2>Nichirei's Earnings Growth And 9.7% ROE</h2>
<div class="lb-trans"><h2>Nichirei 的盈利增长与 9.7% 的 ROE</h2>
</div><p>To start with, Nichirei's ROE looks acceptable. Especially when compared to the industry average of 7.6% the company's ROE looks pretty impressive. Yet, Nichirei has posted measly growth of 4.6% over the past five years. This is generally not the case as when a company has a high rate of return it should usually also have a high earnings growth rate. Such a scenario is likely to take place when a company pays out a huge portion of its earnings as dividends, or is faced with competitive pressures.</p>
<div class="lb-trans"><p>首先，Nichirei 的 ROE 看起来是可以接受的。尤其是与行业平均水平 7.6% 相比，该公司的 ROE 看起来相当令人印象深刻。然而，Nichirei 在过去五年中仅实现了 4.6% 的微弱增长。通常情况下，当一家公司有高回报率时，其盈利增长率也应该较高。这种情况通常发生在公司将大量盈利作为股息支付，或面临竞争压力时。</p>
</div><p>We then compared Nichirei's net income growth with the industry and found that the company's growth figure is lower than the average industry growth rate of 8.8% in the same 5-year period, which is a bit concerning.</p>
<div class="lb-trans"><p>我们随后将 Nichirei 的净收入增长与行业进行了比较，发现该公司的增长数据低于同一五年期间行业平均增长率 8.8%，这让人有些担忧。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/876656-past-earnings-growth-1-dark-2/1756076855666" alt="" original-src="https://images.simplywall.st/asset/chart/876656-past-earnings-growth-1-dark-2/1756076855666"/></p>
<p>TSE:2871 Past Earnings Growth August 24th 2025</p>
<div class="lb-trans"><p>东京证券交易所代码：2871 过去的盈利增长 2025 年 8 月 24 日</p>
</div><p>Earnings growth is a huge factor in stock valuation. 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. Has the market priced in the future outlook for 2871? You can find out in our latest intrinsic value infographic research report.</p>
<div class="lb-trans"><p>盈利增长是股票估值的一个重要因素。投资者应该尝试确定预期的盈利增长或下降，无论是哪种情况，是否已经被市场定价。通过这样做，他们将能够了解股票是否正朝着清晰的蓝海前进，还是面临泥泞的水域。市场是否已经定价了 2871 的未来前景？您可以在我们最新的内在价值信息图研究报告中找到答案。</p>
</div><h2>Is Nichirei Making Efficient Use Of Its Profits?</h2>
<div class="lb-trans"><h2>Nichirei 是否有效利用其利润？</h2>
</div><p>Despite having a moderate three-year median payout ratio of 36% (implying that the company retains the remaining 64% of its income), Nichirei's earnings growth was quite low. So there might be other factors at play here which could potentially be hampering growth. For example, the business has faced some headwinds.</p>
<div class="lb-trans"><p>尽管有 36% 的适度三年中位数派息比率（意味着公司保留了剩余的 64% 收入），但 Nichirei 的盈利增长仍然相当低。因此，这里可能存在其他因素在影响增长。例如，企业面临了一些逆风。</p>
</div><p>In addition, Nichirei has been paying dividends over a period of at least ten years suggesting that keeping up dividend payments is way more important to the management even if it comes at the cost of business growth.</p>
<div class="lb-trans"><p>此外，Nichirei 在至少十年的时间里一直在支付股息，这表明保持股息支付对管理层来说比业务增长更为重要，即使这可能会以牺牲业务增长为代价。</p>
</div><h2>Summary</h2>
<div class="lb-trans"><h2>总结</h2>
</div><p>In total, it does look like Nichirei has some positive aspects to its business. Yet, the low earnings growth is a bit concerning, especially given that the company has a high rate of return and is reinvesting ma huge portion of its profits. By the looks of it, there could be some other factors, not necessarily in control of the business, that's preventing 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 <strong>free</strong> report on analyst forecasts for the company to find out more.</p>
<div class="lb-trans"><p>总体来看，Nichirei 的业务似乎有一些积极的方面。然而，低盈利增长让人有些担忧，尤其是考虑到公司有高回报率并且正在再投资大量利润。从表面上看，可能还有一些其他因素，未必在企业的控制之内，正在阻碍增长。尽管如此，最新的分析师预测显示，该公司将继续看到盈利的扩张。要了解更多关于公司未来盈利增长预测的信息，请查看这份关于公司分析师预测的 <strong>免费</strong> 报告，以获取更多信息。</p>
</div>

日冷株式会社（TSE:2871）的股票最近表现疲软，但其财务前景看起来相当不错：市场是否判断错误？