<p>在过去三个月中，SEEK（ASX:SEK）的股价下跌了 11%，这使得人们很容易忽视它。但如果你仔细观察，你会发现它的关键财务指标看起来相当不错，这可能意味着考虑到市场通常会奖励更具韧性的长期基本面，该股票在长期内有潜在的上涨空间。特别是，今天我们将关注 SEEK 的股本回报率（ROE）。</p>
<p>股本回报率（ROE）是衡量公司如何有效地增长其价值和管理投资者资金的指标。换句话说，它是一个盈利能力比率，衡量公司股东提供的资本的回报率。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<h2>如何计算股本回报率？</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，SEEK 的 ROE 为：</p>
<p>8.8% = AU$239m ÷ AU$2.7b（基于截至 2025 年 6 月的过去十二个月）。</p>
<p>“回报” 是指过去十二个月的税后收益。这意味着对于每 1 澳元的股东投资，公司产生了 0.09 澳元的利润。</p>
<p>查看我们对 SEEK 的最新分析</p>
<h2>为什么 ROE 对盈利增长重要？</h2>
<p>到目前为止，我们了解到 ROE 衡量公司产生利润的效率。根据公司再投资或 “保留” 这些利润的多少，以及其效率如何，我们能够评估公司的盈利增长潜力。一般来说，在其他条件相同的情况下，具有高股本回报率和利润保留的公司，其增长率高于不具备这些特征的公司。</p>
<h2>SEEK 的盈利增长和 8.8% 的 ROE</h2>
<p>从表面上看，SEEK 的 ROE 并不算突出。然而，深入研究表明，该公司的 ROE 与行业平均水平 9.6% 相似。尽管如此，SEEK 的净收入增长相当可观，增长率为 18%。考虑到 ROE 略低，可能还有其他因素推动了这一增长。例如，该公司有较低的派息比率或管理效率较高。</p>
<p>作为下一步，我们将 SEEK 的净收入增长与行业进行了比较，发现该公司的增长数字与同期行业平均增长率 22% 相似。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/21922191-past-earnings-growth-1-dark-2/1764111004961?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/21922191-past-earnings-growth-1-dark-2/1764111004961"/></p>
<p>ASX:SEK 过去的盈利增长 2025 年 11 月 25 日</p>
<p>盈利增长是评估股票价值时需要考虑的重要指标。投资者接下来需要确定的是，预期的盈利增长或缺乏盈利增长是否已经反映在股价中。这有助于他们判断该股票的未来是光明还是黯淡。今天 SEK 的价值是多少？我们免费研究报告中的内在价值信息图帮助可视化 SEK 是否被市场错误定价。</p>
<h2>SEEK 是否有效利用其留存收益？</h2>
<p>SEEK 的三年中位派息比率为 69%，这意味着它只有 31% 的资金可以再投资于业务。这表明，尽管将大部分利润返还给股东，该公司仍能够实现可观的盈利增长。</p>
<p>此外，SEEK 已经连续支付股息至少十年。这表明该公司致力于与股东分享利润。根据当前分析师共识数据，我们可以看到该公司的未来派息比率预计将在未来三年内上升至 86%。尽管如此，预计 SEEK 的未来 ROE 仍将上升至 12%，尽管派息比率预计会增加。可能还有其他因素推动未来 ROE 的增长。</p>
<h2>总结</h2>
<p>总体而言，我们认为 SEEK 确实有一些积极因素值得考虑。即其高盈利增长。然而，我们也认为，如果公司能再投资更多的盈利并减少派息，盈利增长数字可能会更高。尽管如此，预计公司的盈利增长将放缓，正如当前分析师的预测所示。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 <strong>免费</strong> 的分析师预测报告。</p>

<p>SEEK Limited 的股票在过去三个月中下跌了 11%，但其财务指标，特别是股本回报率（ROE），显示出潜在的长期增长。该公司的 ROE 为 8.8%，接近行业平均水平，净收入增长为 18%。尽管派息比率较高，SEEK 仍保持了良好的盈利增长，并且已经连续十多年支付股息。即使在提高派息比率的情况下，未来的 ROE 预计将上升至 12%。分析师预测盈利增长将放缓</p>

<p>With its stock down 11% over the past three months, it is easy to disregard SEEK (ASX:SEK). But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to SEEK's ROE today.</p>
<div class="lb-trans"><p>在过去三个月中，SEEK（ASX:SEK）的股价下跌了 11%，这使得人们很容易忽视它。但如果你仔细观察，你会发现它的关键财务指标看起来相当不错，这可能意味着考虑到市场通常会奖励更具韧性的长期基本面，该股票在长期内有潜在的上涨空间。特别是，今天我们将关注 SEEK 的股本回报率（ROE）。</p>
</div><p>Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. In other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.</p>
<div class="lb-trans"><p>股本回报率（ROE）是衡量公司如何有效地增长其价值和管理投资者资金的指标。换句话说，它是一个盈利能力比率，衡量公司股东提供的资本的回报率。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><h2>How Do You Calculate Return On Equity?</h2>
<div class="lb-trans"><h2>如何计算股本回报率？</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 SEEK is:</p>
<div class="lb-trans"><p>因此，根据上述公式，SEEK 的 ROE 为：</p>
</div><p>8.8% = AU$239m ÷ AU$2.7b (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>8.8% = AU$239m ÷ AU$2.7b（基于截至 2025 年 6 月的过去十二个月）。</p>
</div><p>The 'return' is the amount earned after tax over the last twelve months. So, this means that for every A$1 of its shareholder's investments, the company generates a profit of A$0.09.</p>
<div class="lb-trans"><p>“回报” 是指过去十二个月的税后收益。这意味着对于每 1 澳元的股东投资，公司产生了 0.09 澳元的利润。</p>
</div><p>Check out our latest analysis for SEEK</p>
<div class="lb-trans"><p>查看我们对 SEEK 的最新分析</p>
</div><h2>Why Is ROE Important For Earnings Growth?</h2>
<div class="lb-trans"><h2>为什么 ROE 对盈利增长重要？</h2>
</div><p>Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or &#34;retains&#34;, 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.</p>
<div class="lb-trans"><p>到目前为止，我们了解到 ROE 衡量公司产生利润的效率。根据公司再投资或 “保留” 这些利润的多少，以及其效率如何，我们能够评估公司的盈利增长潜力。一般来说，在其他条件相同的情况下，具有高股本回报率和利润保留的公司，其增长率高于不具备这些特征的公司。</p>
</div><h2>SEEK's Earnings Growth And 8.8% ROE</h2>
<div class="lb-trans"><h2>SEEK 的盈利增长和 8.8% 的 ROE</h2>
</div><p>On the face of it, SEEK's ROE is not much to talk about. Yet, a closer study shows that the company's ROE is similar to the industry average of 9.6%. Even so, SEEK has shown a fairly decent growth in its net income which grew at a rate of 18%. 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.</p>
<div class="lb-trans"><p>从表面上看，SEEK 的 ROE 并不算突出。然而，深入研究表明，该公司的 ROE 与行业平均水平 9.6% 相似。尽管如此，SEEK 的净收入增长相当可观，增长率为 18%。考虑到 ROE 略低，可能还有其他因素推动了这一增长。例如，该公司有较低的派息比率或管理效率较高。</p>
</div><p>As a next step, we compared SEEK's net income growth with the industry and found that the company has a similar growth figure when compared with the industry average growth rate of 22% in the same period.</p>
<div class="lb-trans"><p>作为下一步，我们将 SEEK 的净收入增长与行业进行了比较，发现该公司的增长数字与同期行业平均增长率 22% 相似。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/21922191-past-earnings-growth-1-dark-2/1764111004961" alt="" original-src="https://images.simplywall.st/asset/chart/21922191-past-earnings-growth-1-dark-2/1764111004961"/></p>
<p>ASX:SEK Past Earnings Growth November 25th 2025</p>
<div class="lb-trans"><p>ASX:SEK 过去的盈利增长 2025 年 11 月 25 日</p>
</div><p>Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. This then helps them determine if the stock is placed for a bright or bleak future. What is SEK worth today? The intrinsic value infographic in our free research report helps visualize whether SEK is currently mispriced by the market.</p>
<div class="lb-trans"><p>盈利增长是评估股票价值时需要考虑的重要指标。投资者接下来需要确定的是，预期的盈利增长或缺乏盈利增长是否已经反映在股价中。这有助于他们判断该股票的未来是光明还是黯淡。今天 SEK 的价值是多少？我们免费研究报告中的内在价值信息图帮助可视化 SEK 是否被市场错误定价。</p>
</div><h2>Is SEEK Using Its Retained Earnings Effectively?</h2>
<div class="lb-trans"><h2>SEEK 是否有效利用其留存收益？</h2>
</div><p>SEEK has a significant three-year median payout ratio of 69%, meaning that it is left with only 31% to reinvest into its business. This implies that the company has been able to achieve decent earnings growth despite returning most of its profits to shareholders.</p>
<div class="lb-trans"><p>SEEK 的三年中位派息比率为 69%，这意味着它只有 31% 的资金可以再投资于业务。这表明，尽管将大部分利润返还给股东，该公司仍能够实现可观的盈利增长。</p>
</div><p>Besides, SEEK has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Looking at the current analyst consensus data, we can see that the company's future payout ratio is expected to rise to 86% over the next three years. Regardless, the future ROE for SEEK is speculated to rise to 12% despite the anticipated increase in the payout ratio. There could probably be other factors that could be driving the future growth in the ROE.</p>
<div class="lb-trans"><p>此外，SEEK 已经连续支付股息至少十年。这表明该公司致力于与股东分享利润。根据当前分析师共识数据，我们可以看到该公司的未来派息比率预计将在未来三年内上升至 86%。尽管如此，预计 SEEK 的未来 ROE 仍将上升至 12%，尽管派息比率预计会增加。可能还有其他因素推动未来 ROE 的增长。</p>
</div><h2>Summary</h2>
<div class="lb-trans"><h2>总结</h2>
</div><p>Overall, we feel that SEEK certainly does have some positive factors to consider. Namely, its high earnings growth. We do however feel that the earnings growth number could have been even higher, had the company been reinvesting more of its earnings and paid out less dividends. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. 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>总体而言，我们认为 SEEK 确实有一些积极因素值得考虑。即其高盈利增长。然而，我们也认为，如果公司能再投资更多的盈利并减少派息，盈利增长数字可能会更高。尽管如此，预计公司的盈利增长将放缓，正如当前分析师的预测所示。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 <strong>免费</strong> 的分析师预测报告。</p>
</div>

SEEK Limited（ASX:SEK）的股票近期表现疲软，但其财务前景看起来不错：市场是否判断失误？