<p>在過去三個月中，Tower Semiconductor (NASDAQ:TSEM) 的股價下跌了 32%，這使得人們很容易忽視它。然而，從長遠來看，股票價格通常受公司財務狀況的驅動，而在這種情況下，財務狀況看起來相當不錯。特別是，今天我們將關注 Tower Semiconductor 的股本回報率（ROE）。</p>
<p>股本回報率（ROE）是股東需要考慮的重要因素，因為它告訴他們資本再投資的有效性。簡單來説，它用於評估公司相對於其股本的盈利能力。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
<h2>如何計算股本回報率？</h2>
<p><strong>股本回報率可以通過以下公式計算：</strong></p>
<p>股本回報率 = 淨利潤（來自持續經營）÷ 股東權益</p>
<p>因此，根據上述公式，Tower Semiconductor 的 ROE 為：</p>
<p>7.8% = 2.07 億美元 ÷ 26 億美元（基於截至 2024 年 12 月的過去十二個月）。</p>
<p>“回報” 是指過去十二個月的税後收益。這意味着每 1 美元的股東權益，公司產生了 0.08 美元的利潤。</p>
<p>查看我們對 Tower Semiconductor 的最新分析</p>
<h2>ROE 與盈利增長有什麼關係？</h2>
<p>到目前為止，我們瞭解到 ROE 衡量的是公司產生利潤的效率。根據公司再投資或 “保留” 這些利潤的程度，以及其有效性，我們能夠評估公司的盈利增長潛力。一般來説，其他條件相同，具有高股本回報率和利潤保留的公司，其增長率通常高於不具備這些特徵的公司。</p>
<h2>Tower Semiconductor 的盈利增長與 7.8% ROE</h2>
<p>乍一看，Tower Semiconductor 的 ROE 並不算突出。我們將公司的 ROE 與更廣泛的行業進行了比較，發現其 ROE 低於行業平均水平 12%，對此感到失望。儘管如此，Tower Semiconductor 在過去五年中淨收入顯著增長，增長率達 34%。我們認為這裏可能還有其他因素在起作用。例如，公司的管理層可能做出了一些良好的戰略決策，或者公司有較低的派息比率。</p>
<p>然後我們將 Tower Semiconductor 的淨收入增長與行業進行了比較，欣喜地看到公司的增長數字高於行業，在同一五年期間，行業的增長率為 13%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/331231-past-earnings-growth-1-dark/1744290202823?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/331231-past-earnings-growth-1-dark/1744290202823"/></p>
<p>NasdaqGS:TSEM 過去的盈利增長 2025 年 4 月 10 日</p>
<p>盈利增長是評估股票時需要考慮的重要指標。投資者應嘗試確定預期的盈利增長或下降，無論是哪種情況，是否已被定價。這有助於他們判斷股票的未來是光明還是黯淡。如果你想了解 Tower Semiconductor 的估值，請查看其市盈率與行業的比較。</p>
<h2>Tower Semiconductor 是否有效利用其留存收益？</h2>
<p>Tower Semiconductor 不向股東支付任何定期股息，這意味着公司將所有利潤再投資於業務。這可能是推動上述高盈利增長數字的原因。</p>
<h2>結論</h2>
<p>總體來看，Tower Semiconductor 的業務確實有一些積極的方面。儘管其回報率較低，但公司將很大一部分利潤再投資於業務，無疑促進了其高盈利增長。儘管如此，最新的分析師預測顯示，公司未來的盈利增長預計將放緩。這些分析師的預期是基於行業的廣泛預期，還是基於公司的基本面？點擊這裏查看我們分析師的公司預測頁面。</p>
<p>如果你想交易 Tower Semiconductor，請在專業人士信任的最低成本平台 Interactive Brokers 開設賬户。</p>
<p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓你可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
<p>享受無隱藏費用、無賬户最低限額，以及低至 0.03% 的外匯轉換率，遠遠優於大多數經紀商提供的服務。</p>
<p>贊助內容</p>

Tower半導體

<p>Tower 半導體的股票在三個月內下跌了 32%，但其基本面依然強勁，特別是其 7.8% 的股本回報率（ROE）。雖然這個 ROE 低於行業平均水平的 12%，但公司在過去五年中實現了 34% 的淨收入增長，超過了行業 13% 的增長率。Tower 將其利潤再投資，促進了其盈利增長，儘管分析師預測未來盈利增長將放緩。投資者在評估該股票的潛力時應考慮這些因素</p>

<p>With its stock down 32% over the past three months, it is easy to disregard Tower Semiconductor (NASDAQ:TSEM). However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. Particularly, we will be paying attention to Tower Semiconductor's ROE today.</p>
<div class="lb-trans"><p>在過去三個月中，Tower Semiconductor (NASDAQ:TSEM) 的股價下跌了 32%，這使得人們很容易忽視它。然而，從長遠來看，股票價格通常受公司財務狀況的驅動，而在這種情況下，財務狀況看起來相當不錯。特別是，今天我們將關注 Tower Semiconductor 的股本回報率（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>股本回報率（ROE）是股東需要考慮的重要因素，因為它告訴他們資本再投資的有效性。簡單來説，它用於評估公司相對於其股本的盈利能力。</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>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
</div><h2>How To Calculate Return On Equity?</h2>
<div class="lb-trans"><h2>如何計算股本回報率？</h2>
</div><p><strong>Return on equity can be calculated by using the formula:</strong></p>
<div class="lb-trans"><p><strong>股本回報率可以通過以下公式計算：</strong></p>
</div><p>Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity</p>
<div class="lb-trans"><p>股本回報率 = 淨利潤（來自持續經營）÷ 股東權益</p>
</div><p>So, based on the above formula, the ROE for Tower Semiconductor is:</p>
<div class="lb-trans"><p>因此，根據上述公式，Tower Semiconductor 的 ROE 為：</p>
</div><p>7.8% = US$207m ÷ US$2.6b (Based on the trailing twelve months to December 2024).</p>
<div class="lb-trans"><p>7.8% = 2.07 億美元 ÷ 26 億美元（基於截至 2024 年 12 月的過去十二個月）。</p>
</div><p>The 'return' is the amount earned after tax over the last twelve months. That means that for every $1 worth of shareholders' equity, the company generated $0.08 in profit.</p>
<div class="lb-trans"><p>“回報” 是指過去十二個月的税後收益。這意味着每 1 美元的股東權益，公司產生了 0.08 美元的利潤。</p>
</div><p>View our latest analysis for Tower Semiconductor</p>
<div class="lb-trans"><p>查看我們對 Tower Semiconductor 的最新分析</p>
</div><h2>What Has ROE Got To Do With Earnings Growth?</h2>
<div class="lb-trans"><h2>ROE 與盈利增長有什麼關係？</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>到目前為止，我們瞭解到 ROE 衡量的是公司產生利潤的效率。根據公司再投資或 “保留” 這些利潤的程度，以及其有效性，我們能夠評估公司的盈利增長潛力。一般來説，其他條件相同，具有高股本回報率和利潤保留的公司，其增長率通常高於不具備這些特徵的公司。</p>
</div><h2>Tower Semiconductor's Earnings Growth And 7.8% ROE</h2>
<div class="lb-trans"><h2>Tower Semiconductor 的盈利增長與 7.8% ROE</h2>
</div><p>On the face of it, Tower Semiconductor's ROE is not much to talk about. We then compared the company's ROE to the broader industry and were disappointed to see that the ROE is lower than the industry average of 12%. In spite of this, Tower Semiconductor was able to grow its net income considerably, at a rate of 34% in the last five years. We reckon that there could be other factors at play here. For example, it is possible that the company's management has made some good strategic decisions, or that the company has a low payout ratio.</p>
<div class="lb-trans"><p>乍一看，Tower Semiconductor 的 ROE 並不算突出。我們將公司的 ROE 與更廣泛的行業進行了比較，發現其 ROE 低於行業平均水平 12%，對此感到失望。儘管如此，Tower Semiconductor 在過去五年中淨收入顯著增長，增長率達 34%。我們認為這裏可能還有其他因素在起作用。例如，公司的管理層可能做出了一些良好的戰略決策，或者公司有較低的派息比率。</p>
</div><p>We then compared Tower Semiconductor'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 13% in the same 5-year period.</p>
<div class="lb-trans"><p>然後我們將 Tower Semiconductor 的淨收入增長與行業進行了比較，欣喜地看到公司的增長數字高於行業，在同一五年期間，行業的增長率為 13%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/331231-past-earnings-growth-1-dark/1744290202823" alt="" original-src="https://images.simplywall.st/asset/chart/331231-past-earnings-growth-1-dark/1744290202823"/></p>
<p>NasdaqGS:TSEM Past Earnings Growth April 10th 2025</p>
<div class="lb-trans"><p>NasdaqGS:TSEM 過去的盈利增長 2025 年 4 月 10 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. This then helps them determine if the stock is placed for a bright or bleak future. If you're wondering about Tower Semiconductor's's valuation, check out this gauge of its price-to-earnings ratio , as compared to its industry.</p>
<div class="lb-trans"><p>盈利增長是評估股票時需要考慮的重要指標。投資者應嘗試確定預期的盈利增長或下降，無論是哪種情況，是否已被定價。這有助於他們判斷股票的未來是光明還是黯淡。如果你想了解 Tower Semiconductor 的估值，請查看其市盈率與行業的比較。</p>
</div><h2>Is Tower Semiconductor Using Its Retained Earnings Effectively?</h2>
<div class="lb-trans"><h2>Tower Semiconductor 是否有效利用其留存收益？</h2>
</div><p>Tower Semiconductor doesn't pay any regular dividends to its shareholders, meaning that the company has been reinvesting all of its profits into the business. This is likely what's driving the high earnings growth number discussed above.</p>
<div class="lb-trans"><p>Tower Semiconductor 不向股東支付任何定期股息，這意味着公司將所有利潤再投資於業務。這可能是推動上述高盈利增長數字的原因。</p>
</div><h2>Conclusion</h2>
<div class="lb-trans"><h2>結論</h2>
</div><p>In total, it does look like Tower Semiconductor has some positive aspects to its business. Despite its low rate of return, the fact that the company reinvests a very high portion of its profits into its business, no doubt contributed to its high earnings growth. That being so, a study of the latest analyst forecasts show that the company is expected to see a slowdown in its future earnings growth. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company.</p>
<div class="lb-trans"><p>總體來看，Tower Semiconductor 的業務確實有一些積極的方面。儘管其回報率較低，但公司將很大一部分利潤再投資於業務，無疑促進了其高盈利增長。儘管如此，最新的分析師預測顯示，公司未來的盈利增長預計將放緩。這些分析師的預期是基於行業的廣泛預期，還是基於公司的基本面？點擊這裏查看我們分析師的公司預測頁面。</p>
</div><p>If you're looking to trade Tower Semiconductor, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.</p>
<div class="lb-trans"><p>如果你想交易 Tower Semiconductor，請在專業人士信任的最低成本平台 Interactive Brokers 開設賬户。</p>
</div><p>With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.</p>
<div class="lb-trans"><p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓你可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
</div><p>Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.</p>
<div class="lb-trans"><p>享受無隱藏費用、無賬户最低限額，以及低至 0.03% 的外匯轉換率，遠遠優於大多數經紀商提供的服務。</p>
</div><p>Sponsored Content</p>
<div class="lb-trans"><p>贊助內容</p>
</div>

鑑於 Tower Semiconductor Ltd. (NASDAQ:TSEM) 股票近期的疲軟，其基本面是否足夠好以值得買入？