<p>大多数读者可能已经知道，酒店物业（SGX:H15）的股票在过去一周上涨了 3.9%。正如大多数人所知，长期基本面与市场价格波动有着强烈的相关性，因此我们决定今天查看公司的关键财务指标，以确定它们在最近的价格波动中是否发挥了作用。在本文中，我们决定重点关注酒店物业的股本回报率（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>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>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，酒店物业的 ROE 为：</p>
<p>0.9% = 2200 万新元 ÷ 24 亿新元（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赚取的收入。因此，这意味着每投资 1 新元，公司的利润为 0.01 新元。</p>
<p>查看我们对酒店物业的最新分析</p>
<h2>为什么 ROE 对盈利增长很重要？</h2>
<p>我们已经确定 ROE 作为公司未来盈利的有效盈利能力指标。我们现在需要评估公司再投资或 “保留” 的利润多少，这将给我们提供关于公司增长潜力的想法。假设其他条件相同，具有更高股本回报率和更高利润保留的公司通常与没有相同特征的公司相比，具有更高的增长率。</p>
<h2>酒店物业的盈利增长和 0.9% ROE</h2>
<p>很明显，酒店物业的 ROE 相对较低。即使与行业平均水平 5.5% 相比，ROE 数字也相当令人失望。尽管如此，令人惊讶的是，酒店物业在过去五年中实现了 60% 的净收入增长。我们认为这里可能还有其他因素在起作用，比如高盈利保留或高效的管理。</p>
<p>接下来，在与行业净收入增长进行比较时，我们发现酒店物业的增长在同一时期内与行业平均增长 43% 相比相当高，这令人欣慰。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/878746-past-earnings-growth-1-dark-2/1766181893199?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/878746-past-earnings-growth-1-dark-2/1766181893199"/></p>
<p>SGX:H15 过去的盈利增长 2025 年 12 月 19 日</p>
<p>盈利增长是股票估值的一个重要因素。投资者需要知道市场是否已经考虑了公司的预期盈利增长（或下降）。这有助于他们判断股票的未来是光明还是黯淡。如果你想了解酒店物业的估值，请查看其市盈率与行业的比较。</p>
<h2>酒店物业是否有效利用其保留收益？</h2>
<p>酒店物业的三年中位数派息比率为 87%，这意味着公司仅保留 13% 的收入。这表明，尽管将大部分利润返还给股东，公司仍能够实现高盈利增长。</p>
<p>此外，酒店物业已经支付股息至少十年。这表明公司致力于与股东分享利润。</p>
<h2>结论</h2>
<p>总体来看，酒店物业的业务似乎有一些积极的方面。尽管其盈利增长相当可观，但我们确实认为再投资率相对较低，这意味着如果公司保留更多利润，盈利增长的数字可能会显著更高。到目前为止，我们仅对公司的增长数据进行了简要研究。要深入了解酒店物业过去的利润增长，请查看过去的盈利、收入和现金流的可视化。</p>
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<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

旅店置业

<p>酒店置业的股票上周上涨了 3.9%。尽管其股本回报率（ROE）仅为 0.9%，但公司在五年内实现了 60% 的净收入增长，超过了行业平均水平的 43%。公司仅保留 13% 的收入，支付比率高达 87%，但仍保持了可观的盈利增长。酒店置业已连续十多年支付股息，表明其对股东回报的承诺。股票的估值和盈利增长潜力是投资者的重要考虑因素</p>

<p>Most readers would already know that Hotel Properties' (SGX:H15) stock increased by 3.9% over the past week. As most would know, long-term fundamentals have a strong correlation with market price movements, so we decided to look at the company's key financial indicators today to determine if they have any role to play in the recent price movement. In this article, we decided to focus on Hotel Properties' ROE.</p>
<div class="lb-trans"><p>大多数读者可能已经知道，酒店物业（SGX:H15）的股票在过去一周上涨了 3.9%。正如大多数人所知，长期基本面与市场价格波动有着强烈的相关性，因此我们决定今天查看公司的关键财务指标，以确定它们在最近的价格波动中是否发挥了作用。在本文中，我们决定重点关注酒店物业的股本回报率（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>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 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 Hotel Properties is:</p>
<div class="lb-trans"><p>因此，根据上述公式，酒店物业的 ROE 为：</p>
</div><p>0.9% = S$22m ÷ S$2.4b (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>0.9% = 2200 万新元 ÷ 24 亿新元（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 SGD1 of its shareholder's investments, the company generates a profit of SGD0.01.</p>
<div class="lb-trans"><p>“回报” 是企业在过去一年中赚取的收入。因此，这意味着每投资 1 新元，公司的利润为 0.01 新元。</p>
</div><p>See our latest analysis for Hotel Properties</p>
<div class="lb-trans"><p>查看我们对酒店物业的最新分析</p>
</div><h2>Why Is ROE Important For Earnings Growth?</h2>
<div class="lb-trans"><h2>为什么 ROE 对盈利增长很重要？</h2>
</div><p>We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or &#34;retains&#34; for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don't have the same features.</p>
<div class="lb-trans"><p>我们已经确定 ROE 作为公司未来盈利的有效盈利能力指标。我们现在需要评估公司再投资或 “保留” 的利润多少，这将给我们提供关于公司增长潜力的想法。假设其他条件相同，具有更高股本回报率和更高利润保留的公司通常与没有相同特征的公司相比，具有更高的增长率。</p>
</div><h2>Hotel Properties' Earnings Growth And 0.9% ROE</h2>
<div class="lb-trans"><h2>酒店物业的盈利增长和 0.9% ROE</h2>
</div><p>It is quite clear that Hotel Properties' ROE is rather low. Even when compared to the industry average of 5.5%, the ROE figure is pretty disappointing. Despite this, surprisingly, Hotel Properties saw an exceptional 60% net income growth over the past five years. We reckon that there could be other factors at play here. Such as - high earnings retention or an efficient management in place.</p>
<div class="lb-trans"><p>很明显，酒店物业的 ROE 相对较低。即使与行业平均水平 5.5% 相比，ROE 数字也相当令人失望。尽管如此，令人惊讶的是，酒店物业在过去五年中实现了 60% 的净收入增长。我们认为这里可能还有其他因素在起作用，比如高盈利保留或高效的管理。</p>
</div><p>Next, on comparing with the industry net income growth, we found that Hotel Properties' growth is quite high when compared to the industry average growth of 43% in the same period, which is great to see.</p>
<div class="lb-trans"><p>接下来，在与行业净收入增长进行比较时，我们发现酒店物业的增长在同一时期内与行业平均增长 43% 相比相当高，这令人欣慰。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/878746-past-earnings-growth-1-dark-2/1766181893199" alt="" original-src="https://images.simplywall.st/asset/chart/878746-past-earnings-growth-1-dark-2/1766181893199"/></p>
<p>SGX:H15 Past Earnings Growth December 19th 2025</p>
<div class="lb-trans"><p>SGX:H15 过去的盈利增长 2025 年 12 月 19 日</p>
</div><p>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). This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Hotel Properties''s valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.</p>
<div class="lb-trans"><p>盈利增长是股票估值的一个重要因素。投资者需要知道市场是否已经考虑了公司的预期盈利增长（或下降）。这有助于他们判断股票的未来是光明还是黯淡。如果你想了解酒店物业的估值，请查看其市盈率与行业的比较。</p>
</div><h2>Is Hotel Properties Using Its Retained Earnings Effectively?</h2>
<div class="lb-trans"><h2>酒店物业是否有效利用其保留收益？</h2>
</div><p>Hotel Properties has a significant three-year median payout ratio of 87%, meaning the company only retains 13% of its income. This implies that the company has been able to achieve high earnings growth despite returning most of its profits to shareholders.</p>
<div class="lb-trans"><p>酒店物业的三年中位数派息比率为 87%，这意味着公司仅保留 13% 的收入。这表明，尽管将大部分利润返还给股东，公司仍能够实现高盈利增长。</p>
</div><p>Besides, Hotel Properties has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders.</p>
<div class="lb-trans"><p>此外，酒店物业已经支付股息至少十年。这表明公司致力于与股东分享利润。</p>
</div><h2>Conclusion</h2>
<div class="lb-trans"><h2>结论</h2>
</div><p>In total, it does look like Hotel Properties has some positive aspects to its business. While no doubt its earnings growth is pretty substantial, we do feel that the reinvestment rate is pretty low, meaning, the earnings growth number could have been significantly higher had the company been retaining more of its profits. Up till now, we've only made a short study of the company's growth data. To gain further insights into Hotel Properties' past profit growth, check out this visualization of past earnings, revenue and cash flows.</p>
<div class="lb-trans"><p>总体来看，酒店物业的业务似乎有一些积极的方面。尽管其盈利增长相当可观，但我们确实认为再投资率相对较低，这意味着如果公司保留更多利润，盈利增长的数字可能会显著更高。到目前为止，我们仅对公司的增长数据进行了简要研究。要深入了解酒店物业过去的利润增长，请查看过去的盈利、收入和现金流的可视化。</p>
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<div class="lb-trans"><p>下一波机器人技术不是类人型的。它是完全自主的塔，在 30 分钟内提供 5G、ISR 和雷达，随时随地。</p>
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<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
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旅店置业（SGX:H15）的股票表现相当不错：财务状况是否在其中发挥了作用？