<p>在过去三个月中，TUHU 汽车（HKG:9690）的股价下跌了 15%，这使得人们很容易忽视它。但如果你仔细观察，你可能会发现其强劲的财务状况意味着该股票在长期内可能会增值，因为市场通常会奖励财务健康的公司。具体来说，我们决定在本文中研究 TUHU 汽车的股本回报率（ROE）。</p>
<p>股本回报率（ROE）是股东需要考虑的重要因素，因为它告诉他们资本再投资的有效性。简单来说，它用于评估公司相对于其股本的盈利能力。</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投资。</p>
<h2>如何计算股本回报率？</h2>
<p><strong>股本回报率的公式</strong> 是：</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，TUHU 汽车的 ROE 为：</p>
<p>10% = CN¥504 百万 ÷ CN¥50 亿（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。可以这样理解：对于每 1 港元的股东资本，公司赚取了 0.10 港元的利润。</p>
<p>查看我们对 TUHU 汽车的最新分析</p>
<h2>ROE 与盈利增长有什么关系？</h2>
<p>我们已经确定 ROE 作为公司未来盈利的有效利润生成指标。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，增长率更高。</p>
<h2>TUHU 汽车的盈利增长与 10% ROE 的并排比较</h2>
<p>乍一看，TUHU 汽车的 ROE 似乎并不那么吸引人。然而，公司的 ROE 高于行业平均 ROE 8.1% 这一事实，确实引人注目。特别是，TUHU 汽车在过去五年中实现了 58% 的净收入增长，这令人印象深刻。请记住，该公司的 ROE 适中偏低。只是行业的 ROE 更低。因此，盈利增长也可能是其他因素的结果，例如高盈利保留或公司属于高增长行业。</p>
<p>然后我们将 TUHU 汽车的净收入增长与行业进行了比较，我们很高兴地看到公司的增长数字高于行业，在同一五年期间，行业的增长率为 3.6%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1805740102-past-earnings-growth-1-dark-2/1769211754207?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/1805740102-past-earnings-growth-1-dark-2/1769211754207"/></p>
<p>SEHK:9690 过去的盈利增长 2026 年 1 月 23 日</p>
<p>为公司附加价值的基础在很大程度上与其盈利增长相关。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，是否已经反映在价格中。这样做将帮助他们判断该股票的未来是光明还是暗淡。如果你想了解 TUHU 汽车的估值，可以查看其市盈率与行业的比较。</p>
<h2>TUHU 汽车是否有效利用其留存收益？</h2>
<p>鉴于 TUHU 汽车不向股东支付任何定期股息，我们推测该公司一直在将所有利润再投资以发展其业务。</p>
<h2>总结</h2>
<p>总体而言，我们认为 TUHU 汽车的表现相当不错。特别是，看到公司在可观的 ROE 和高再投资率的支持下实现了显著的盈利增长，令人欣慰。尽管如此，最新的行业分析师预测显示，该公司的盈利增长预计将放缓。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。</p>

途虎-W

<p>途虎汽车公司 (HKG:9690) 在过去三个月的股价下跌了 15%，但其强劲的财务状况表明潜在的长期价值。公司的股本回报率 (ROE) 为 10%，超过行业平均水平 8.1%。途虎汽车在过去五年中实现了显著的 58% 的净收入增长，表明其有效地再投资利润。尽管预计盈利增长将放缓，但由于其高再投资率和可观的 ROE，公司表现依然令人期待</p>

<p>With its stock down 15% over the past three months, it is easy to disregard TUHU Car (HKG:9690). But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. Specifically, we decided to study TUHU Car's ROE in this article.</p>
<div class="lb-trans"><p>在过去三个月中，TUHU 汽车（HKG:9690）的股价下跌了 15%，这使得人们很容易忽视它。但如果你仔细观察，你可能会发现其强劲的财务状况意味着该股票在长期内可能会增值，因为市场通常会奖励财务健康的公司。具体来说，我们决定在本文中研究 TUHU 汽车的股本回报率（ROE）。</p>
</div><p>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. Simply put, it is used to assess the profitability of a company in relation to its equity capital.</p>
<div class="lb-trans"><p>股本回报率（ROE）是股东需要考虑的重要因素，因为它告诉他们资本再投资的有效性。简单来说，它用于评估公司相对于其股本的盈利能力。</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投资。</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>The <strong>formula for return on equity</strong> is:</p>
<div class="lb-trans"><p><strong>股本回报率的公式</strong> 是：</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 TUHU Car is:</p>
<div class="lb-trans"><p>因此，根据上述公式，TUHU 汽车的 ROE 为：</p>
</div><p>10% = CN¥504m ÷ CN¥5.0b (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>10% = CN¥504 百万 ÷ CN¥50 亿（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. One way to conceptualize this is that for each HK$1 of shareholders' capital it has, the company made HK$0.10 in profit.</p>
<div class="lb-trans"><p>“回报” 是企业在过去一年中赚取的收入。可以这样理解：对于每 1 港元的股东资本，公司赚取了 0.10 港元的利润。</p>
</div><p>See our latest analysis for TUHU Car</p>
<div class="lb-trans"><p>查看我们对 TUHU 汽车的最新分析</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>We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. 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 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利润生成指标。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，增长率更高。</p>
</div><h2>A Side By Side comparison of TUHU Car's Earnings Growth And 10% ROE</h2>
<div class="lb-trans"><h2>TUHU 汽车的盈利增长与 10% ROE 的并排比较</h2>
</div><p>When you first look at it, TUHU Car's ROE doesn't look that attractive. However, the fact that the company's ROE is higher than the average industry ROE of 8.1%, is definitely interesting. Particularly, the substantial 58% net income growth seen by TUHU Car over the past five years is impressive . Bear in mind, the company does have a moderately low ROE. It is just that the industry ROE is lower. Therefore, the growth in earnings could also be the result of other factors. Such as- high earnings retention or the company belonging to a high growth industry.</p>
<div class="lb-trans"><p>乍一看，TUHU 汽车的 ROE 似乎并不那么吸引人。然而，公司的 ROE 高于行业平均 ROE 8.1% 这一事实，确实引人注目。特别是，TUHU 汽车在过去五年中实现了 58% 的净收入增长，这令人印象深刻。请记住，该公司的 ROE 适中偏低。只是行业的 ROE 更低。因此，盈利增长也可能是其他因素的结果，例如高盈利保留或公司属于高增长行业。</p>
</div><p>We then compared TUHU Car's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 3.6% in the same 5-year period.</p>
<div class="lb-trans"><p>然后我们将 TUHU 汽车的净收入增长与行业进行了比较，我们很高兴地看到公司的增长数字高于行业，在同一五年期间，行业的增长率为 3.6%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1805740102-past-earnings-growth-1-dark-2/1769211754207" alt="" original-src="https://images.simplywall.st/asset/chart/1805740102-past-earnings-growth-1-dark-2/1769211754207"/></p>
<p>SEHK:9690 Past Earnings Growth January 23rd 2026</p>
<div class="lb-trans"><p>SEHK:9690 过去的盈利增长 2026 年 1 月 23 日</p>
</div><p>The basis for attaching value to a company is, to a great extent, tied to its earnings growth. The investor should try to establish if the expected growth or decline in earnings, whichever the case may be, is priced in. Doing so will help them establish if the stock's future looks promising or ominous. If you're wondering about TUHU Car's's valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry.</p>
<div class="lb-trans"><p>为公司附加价值的基础在很大程度上与其盈利增长相关。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，是否已经反映在价格中。这样做将帮助他们判断该股票的未来是光明还是暗淡。如果你想了解 TUHU 汽车的估值，可以查看其市盈率与行业的比较。</p>
</div><h2>Is TUHU Car Using Its Retained Earnings Effectively?</h2>
<div class="lb-trans"><h2>TUHU 汽车是否有效利用其留存收益？</h2>
</div><p>Given that TUHU Car doesn't pay any regular dividends to its shareholders, we infer that the company has been reinvesting all of its profits to grow its business.</p>
<div class="lb-trans"><p>鉴于 TUHU 汽车不向股东支付任何定期股息，我们推测该公司一直在将所有利润再投资以发展其业务。</p>
</div><h2>Summary</h2>
<div class="lb-trans"><h2>总结</h2>
</div><p>On the whole, we feel that TUHU Car's performance has been quite good. In particular, it's great to see that the company has seen significant growth in its earnings backed by a respectable ROE and a high reinvestment rate. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. 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 TUHU 汽车的表现相当不错。特别是，看到公司在可观的 ROE 和高再投资率的支持下实现了显著的盈利增长，令人欣慰。尽管如此，最新的行业分析师预测显示，该公司的盈利增长预计将放缓。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。</p>
</div>

鉴于途虎-W (HKG:9690) 具有吸引力的财务前景，市场是否可能判断错误？