<p>JEOL（東京證券交易所代碼：6951）的股票在過去一週上漲了 4.5%。考慮到市場在長期內獎勵強勁的財務表現，我們想知道這是否適用於本例。特別是，今天我們將關注 JEOL 的股本回報率（ROE）。</p>
<p>股本回報率（ROE）是評估公司如何有效地利用股東投資產生回報的有用工具。簡單來説，它用於評估公司相對於其股本的盈利能力。</p>
<p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展有望受益。</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，JEOL 的 ROE 為：</p>
<p>12% = JP¥18b ÷ JP¥144b（基於截至 2025 年 9 月的過去十二個月）。</p>
<p>“回報” 指的是公司在過去一年中的收益。這意味着每 1 日元的股東權益，公司產生了 0.12 日元的利潤。</p>
<p>查看我們對 JEOL 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。我們現在需要評估公司再投資或 “保留” 多少利潤以實現未來增長，這將給我們提供關於公司增長潛力的想法。假設其他條件相同，具有更高股本回報率和更高利潤保留的公司通常與沒有相同特徵的公司相比，具有更高的增長率。</p>
<h2>JEOL 的盈利增長與 12% ROE 的並列比較</h2>
<p>首先，JEOL 似乎擁有一個可觀的 ROE。特別是與行業平均水平 8.4% 相比，該公司的 ROE 顯得相當出色。這無疑為 JEOL 在過去五年中實現的 27% 的淨收入增長提供了一些背景。我們認為這裏可能還有其他因素在起作用。例如，該公司的派息比率較低，或者管理效率較高。</p>
<p>作為下一步，我們將 JEOL 的淨收入增長與行業進行了比較，令人欣慰的是，我們發現該公司的增長高於行業平均增長 13%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/877197-past-earnings-growth-1-dark-2/1765064518261?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/877197-past-earnings-growth-1-dark-2/1765064518261"/></p>
<p>東京證券交易所：6951 過去的盈利增長 2025 年 12 月 6 日</p>
<p>盈利增長是評估股票價值時需要考慮的重要指標。投資者接下來需要確定的是，預期的盈利增長或缺乏盈利增長是否已經反映在股價中。這樣做將幫助他們判斷該股票的未來是看好還是不妙。JEOL 與其他公司相比是否被合理定價？這三項估值指標可能會幫助您做出決定。</p>
<h2>JEOL 是否有效地再投資其利潤？</h2>
<p>JEOL 的三年中位派息比率較低，為 19%，這意味着它保留了更高比例（81%）的利潤。因此，管理層似乎正在大量再投資利潤以發展業務，這反映在其盈利增長數字中。</p>
<p>此外，JEOL 決心繼續與股東分享其利潤，這從其至少十年的派息歷史中可以看出。</p>
<h2>結論</h2>
<p>總體而言，我們認為 JEOL 的表現相當不錯。特別是，看到公司在其業務上進行大量投資，並且伴隨着高回報率，這導致其盈利大幅增長，令人振奮。儘管如此，最新的行業分析師預測顯示，該公司的盈利增長預計將放緩。要了解更多關於該公司的最新分析師預測，請查看該公司的分析師預測可視化。</p>

6951

<p>JEOL 有限公司的股票上週上漲了 4.5%，這可能與其強勁的財務表現有關。該公司的股本回報率（ROE）為 12%，高於行業平均水平的 8.4%，並且在過去五年中淨收入增長了 27%。JEOL 將 81% 的利潤用於再投資，從而推動了其盈利增長。儘管如此，分析師預測未來的盈利增長將放緩</p>

<p>JEOL's (TSE:6951) stock is up by 4.5% over the past week. Given that the market rewards strong financials in the long-term, we wonder if that is the case in this instance. Particularly, we will be paying attention to JEOL's ROE today.</p>
<div class="lb-trans"><p>JEOL（東京證券交易所代碼：6951）的股票在過去一週上漲了 4.5%。考慮到市場在長期內獎勵強勁的財務表現，我們想知道這是否適用於本例。特別是，今天我們將關注 JEOL 的股本回報率（ROE）。</p>
</div><p>ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. 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）是評估公司如何有效地利用股東投資產生回報的有用工具。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>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展有望受益。</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 JEOL is:</p>
<div class="lb-trans"><p>因此，根據上述公式，JEOL 的 ROE 為：</p>
</div><p>12% = JP¥18b ÷ JP¥144b (Based on the trailing twelve months to September 2025).</p>
<div class="lb-trans"><p>12% = JP¥18b ÷ JP¥144b（基於截至 2025 年 9 月的過去十二個月）。</p>
</div><p>The 'return' refers to a company's earnings over the last year. That means that for every ¥1 worth of shareholders' equity, the company generated ¥0.12 in profit.</p>
<div class="lb-trans"><p>“回報” 指的是公司在過去一年中的收益。這意味着每 1 日元的股東權益，公司產生了 0.12 日元的利潤。</p>
</div><p>See our latest analysis for JEOL</p>
<div class="lb-trans"><p>查看我們對 JEOL 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. 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>到目前為止，我們瞭解到 ROE 衡量的是公司產生利潤的效率。我們現在需要評估公司再投資或 “保留” 多少利潤以實現未來增長，這將給我們提供關於公司增長潛力的想法。假設其他條件相同，具有更高股本回報率和更高利潤保留的公司通常與沒有相同特徵的公司相比，具有更高的增長率。</p>
</div><h2>A Side By Side comparison of JEOL's Earnings Growth And 12% ROE</h2>
<div class="lb-trans"><h2>JEOL 的盈利增長與 12% ROE 的並列比較</h2>
</div><p>To begin with, JEOL seems to have a respectable ROE. Especially when compared to the industry average of 8.4% the company's ROE looks pretty impressive. This certainly adds some context to JEOL's exceptional 27% net income growth seen over the past five years. We reckon that there could also be other factors at play here. For instance, the company has a low payout ratio or is being managed efficiently.</p>
<div class="lb-trans"><p>首先，JEOL 似乎擁有一個可觀的 ROE。特別是與行業平均水平 8.4% 相比，該公司的 ROE 顯得相當出色。這無疑為 JEOL 在過去五年中實現的 27% 的淨收入增長提供了一些背景。我們認為這裏可能還有其他因素在起作用。例如，該公司的派息比率較低，或者管理效率較高。</p>
</div><p>As a next step, we compared JEOL's 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 13%.</p>
<div class="lb-trans"><p>作為下一步，我們將 JEOL 的淨收入增長與行業進行了比較，令人欣慰的是，我們發現該公司的增長高於行業平均增長 13%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/877197-past-earnings-growth-1-dark-2/1765064518261" alt="" original-src="https://images.simplywall.st/asset/chart/877197-past-earnings-growth-1-dark-2/1765064518261"/></p>
<p>TSE:6951 Past Earnings Growth December 6th 2025</p>
<div class="lb-trans"><p>東京證券交易所：6951 過去的盈利增長 2025 年 12 月 6 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. Doing so will help them establish if the stock's future looks promising or ominous. Is JEOL fairly valued compared to other companies? These 3 valuation measures might help you decide.</p>
<div class="lb-trans"><p>盈利增長是評估股票價值時需要考慮的重要指標。投資者接下來需要確定的是，預期的盈利增長或缺乏盈利增長是否已經反映在股價中。這樣做將幫助他們判斷該股票的未來是看好還是不妙。JEOL 與其他公司相比是否被合理定價？這三項估值指標可能會幫助您做出決定。</p>
</div><h2>Is JEOL Efficiently Re-investing Its Profits?</h2>
<div class="lb-trans"><h2>JEOL 是否有效地再投資其利潤？</h2>
</div><p>JEOL's ' three-year median payout ratio is on the lower side at 19% implying that it is retaining a higher percentage (81%) of its profits. So it seems like the management is reinvesting profits heavily to grow its business and this reflects in its earnings growth number.</p>
<div class="lb-trans"><p>JEOL 的三年中位派息比率較低，為 19%，這意味着它保留了更高比例（81%）的利潤。因此，管理層似乎正在大量再投資利潤以發展業務，這反映在其盈利增長數字中。</p>
</div><p>Moreover, JEOL is determined to keep sharing its profits with shareholders which we infer from its long history of paying a dividend for at least ten years.</p>
<div class="lb-trans"><p>此外，JEOL 決心繼續與股東分享其利潤，這從其至少十年的派息歷史中可以看出。</p>
</div><h2>Conclusion</h2>
<div class="lb-trans"><h2>結論</h2>
</div><p>On the whole, we feel that JEOL's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. 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 latest analysts predictions for the company, check out this visualization of analyst forecasts for the company.</p>
<div class="lb-trans"><p>總體而言，我們認為 JEOL 的表現相當不錯。特別是，看到公司在其業務上進行大量投資，並且伴隨着高回報率，這導致其盈利大幅增長，令人振奮。儘管如此，最新的行業分析師預測顯示，該公司的盈利增長預計將放緩。要了解更多關於該公司的最新分析師預測，請查看該公司的分析師預測可視化。</p>
</div>

JEOL 有限公司（TSE:6951）的股票表現良好：市場是否在反映其強勁的財務狀況？