<p>精密工业（HKG:1286）的股票在过去三个月上涨了相当可观的 47%。由于市场通常会关注公司的长期基本面，我们决定研究公司的关键绩效指标，以查看它们是否可能影响市场。特别是，我们今天将关注精密工业的股本回报率（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>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</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，精密工业的 ROE 为：</p>
<p>13% = HK$688 百万 ÷ HK$53 亿（基于截至 2025 年 6 月的过去十二个月）。</p>
<p>“回报” 是年度利润。可以这样理解：对于每 HK$1 的股东资本，公司赚取了 HK$0.13 的利润。</p>
<p>查看我们对精密工业的最新分析</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。根据公司再投资或 “保留” 的利润多少，以及其有效性，我们能够评估公司的盈利增长潜力。假设其他条件保持不变，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>精密工业的盈利增长与 13% 的 ROE</h2>
<p>乍一看，精密工业似乎拥有不错的 ROE。与行业平均 ROE 8.8% 相比，该公司的 ROE 显得相当显著。可能正因如此，精密工业在过去五年中实现了 33% 的净收入增长。然而，这一增长背后可能还有其他原因。例如，公司有较低的派息比率或管理效率较高。</p>
<p>作为下一步，我们将精密工业的净收入增长与行业进行了比较，令人欣慰的是，我们发现该公司的增长高于行业平均增长 6.1%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/232504797-past-earnings-growth-1-dark-2/1764373486586?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/232504797-past-earnings-growth-1-dark-2/1764373486586"/></p>
<p>SEHK:1286 过去的盈利增长 2025 年 11 月 28 日</p>
<p>盈利增长是评估股票价值时需要考虑的重要指标。投资者应尝试确定预期的盈利增长或下降，无论是哪种情况，是否已被定价。通过这样做，他们将能够了解该股票是走向一片晴朗的水域，还是面临泥泞的水域。今天 1286 值多少钱？我们免费研究报告中的内在价值信息图有助于可视化 1286 是否被市场错误定价。</p>
<h2>精密工业是否有效利用其留存收益？</h2>
<p>精密工业 50% 的高三年中位派息比率（意味着它仅保留 50% 的利润）表明，尽管将大部分收益返还给股东，但公司的增长并没有受到实质性阻碍。</p>
<p>此外，精密工业在六年内支付了股息，这意味着公司非常认真地与股东分享其利润。</p>
<h2>总结</h2>
<p>总的来说，我们对精密工业的表现感到相当满意。我们特别对公司显著的盈利增长印象深刻，这很可能得益于其高 ROE。尽管公司将大部分盈利作为股息支付，但它仍然能够实现盈利增长，因此这可能是一个好兆头。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。要了解更多关于该公司的最新分析师预测，请查看该公司的分析师预测可视化。</p>

鹰普精密

<p>IMPRO PRECISION 的股票在三个月内上涨了 47%，这得益于强劲的财务表现，特别是 13% 的高股本回报率（ROE）。这一 ROE 超过了行业平均水平 8.8%，推动了五年内 33% 的净收入增长。尽管公司有较高的分红支付比率，但仍保持了令人印象深刻的盈利增长，尽管根据分析师的预测，未来的增长可能会放缓</p>

<p>Impro Precision Industries' (HKG:1286) stock is up by a considerable 47% over the past three months. Since the market usually pay for a company’s long-term fundamentals, we decided to study the company’s key performance indicators to see if they could be influencing the market. Particularly, we will be paying attention to Impro Precision Industries' ROE today.</p>
<div class="lb-trans"><p>精密工业（HKG:1286）的股票在过去三个月上涨了相当可观的 47%。由于市场通常会关注公司的长期基本面，我们决定研究公司的关键绩效指标，以查看它们是否可能影响市场。特别是，我们今天将关注精密工业的股本回报率（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>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</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 Impro Precision Industries is:</p>
<div class="lb-trans"><p>因此，根据上述公式，精密工业的 ROE 为：</p>
</div><p>13% = HK$688m ÷ HK$5.3b (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>13% = HK$688 百万 ÷ HK$53 亿（基于截至 2025 年 6 月的过去十二个月）。</p>
</div><p>The 'return' is the yearly profit. One way to conceptualize this is that for each HK$1 of shareholders' capital it has, the company made HK$0.13 in profit.</p>
<div class="lb-trans"><p>“回报” 是年度利润。可以这样理解：对于每 HK$1 的股东资本，公司赚取了 HK$0.13 的利润。</p>
</div><p>View our latest analysis for Impro Precision Industries</p>
<div class="lb-trans"><p>查看我们对精密工业的最新分析</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. 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. 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。根据公司再投资或 “保留” 的利润多少，以及其有效性，我们能够评估公司的盈利增长潜力。假设其他条件保持不变，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>Impro Precision Industries' Earnings Growth And 13% ROE</h2>
<div class="lb-trans"><h2>精密工业的盈利增长与 13% 的 ROE</h2>
</div><p>At first glance, Impro Precision Industries seems to have a decent ROE. On comparing with the average industry ROE of 8.8% the company's ROE looks pretty remarkable. Probably as a result of this, Impro Precision Industries was able to see an impressive net income growth of 33% over the last five years. However, there could also be other causes behind this growth. For instance, the company has a low payout ratio or is being managed efficiently.</p>
<div class="lb-trans"><p>乍一看，精密工业似乎拥有不错的 ROE。与行业平均 ROE 8.8% 相比，该公司的 ROE 显得相当显著。可能正因如此，精密工业在过去五年中实现了 33% 的净收入增长。然而，这一增长背后可能还有其他原因。例如，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 Impro Precision Industries' 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 6.1%.</p>
<div class="lb-trans"><p>作为下一步，我们将精密工业的净收入增长与行业进行了比较，令人欣慰的是，我们发现该公司的增长高于行业平均增长 6.1%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/232504797-past-earnings-growth-1-dark-2/1764373486586" alt="" original-src="https://images.simplywall.st/asset/chart/232504797-past-earnings-growth-1-dark-2/1764373486586"/></p>
<p>SEHK:1286 Past Earnings Growth November 28th 2025</p>
<div class="lb-trans"><p>SEHK:1286 过去的盈利增长 2025 年 11 月 28 日</p>
</div><p>Earnings growth is an important metric to consider when valuing a stock. 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. What is 1286 worth today? The intrinsic value infographic in our free research report helps visualize whether 1286 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。投资者应尝试确定预期的盈利增长或下降，无论是哪种情况，是否已被定价。通过这样做，他们将能够了解该股票是走向一片晴朗的水域，还是面临泥泞的水域。今天 1286 值多少钱？我们免费研究报告中的内在价值信息图有助于可视化 1286 是否被市场错误定价。</p>
</div><h2>Is Impro Precision Industries Using Its Retained Earnings Effectively?</h2>
<div class="lb-trans"><h2>精密工业是否有效利用其留存收益？</h2>
</div><p>The high three-year median payout ratio of 50% (implying that it keeps only 50% of profits) for Impro Precision Industries suggests that the company's growth wasn't really hampered despite it returning most of the earnings to its shareholders.</p>
<div class="lb-trans"><p>精密工业 50% 的高三年中位派息比率（意味着它仅保留 50% 的利润）表明，尽管将大部分收益返还给股东，但公司的增长并没有受到实质性阻碍。</p>
</div><p>Additionally, Impro Precision Industries has paid dividends over a period of six years which means that the company is pretty serious about sharing its profits with shareholders.</p>
<div class="lb-trans"><p>此外，精密工业在六年内支付了股息，这意味着公司非常认真地与股东分享其利润。</p>
</div><h2>Summary</h2>
<div class="lb-trans"><h2>总结</h2>
</div><p>In total, we are pretty happy with Impro Precision Industries' performance. We are particularly impressed by the considerable earnings growth posted by the company, which was likely backed by its high ROE. While the company is paying out most of its earnings as dividends, it has been able to grow its earnings in spite of it, so that's probably a good sign. 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 latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.</p>
<div class="lb-trans"><p>总的来说，我们对精密工业的表现感到相当满意。我们特别对公司显著的盈利增长印象深刻，这很可能得益于其高 ROE。尽管公司将大部分盈利作为股息支付，但它仍然能够实现盈利增长，因此这可能是一个好兆头。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。要了解更多关于该公司的最新分析师预测，请查看该公司的分析师预测可视化。</p>
</div>

鹰普精密工业有限公司（HKG:1286）的强劲财务状况是否推动了近期的股价上涨？