<p>雲工場科技控股（HKG:2512）的股價在過去一週上漲了相當可觀的 19%。眾所周知，基本面通常是指導市場價格長期波動的因素，因此我們決定今天查看公司的關鍵財務指標，以確定它們在最近的價格波動中是否發揮了作用。在本文中，我們決定重點關注雲工場科技控股的股本回報率（ROE）。</p>
<p>股本回報率（ROE）是評估公司管理層如何有效利用公司資本的關鍵指標。換句話説，它是一個盈利能力比率，衡量公司股東提供的資本的回報率。</p>
<p>特朗普承諾要 “釋放” 美國的石油和天然氣，這 15 只美國股票的發展將受益。</p>
<h2>ROE 是如何計算的？</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，雲工場科技控股的 ROE 為：</p>
<p>3.5% = CN¥1500 萬 ÷ CN¥4.19 億（基於截至 2025 年 6 月的過去十二個月）。</p>
<p>“回報” 是過去十二個月的利潤。換句話説，對於每 1 港元的股本，公司能夠賺取 0.04 港元的利潤。</p>
<p>查看我們對雲工場科技控股的最新分析</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。假設其他條件不變，ROE 和利潤保留越高，公司的增長率就越高，相較於那些不具備這些特徵的公司。</p>
<h2>雲工場科技控股的盈利增長與 3.5% ROE</h2>
<p>很難説雲工場科技控股的 ROE 本身有多好。即使與行業平均水平 5.6% 相比，ROE 數字也相當令人失望。儘管如此，我們可以看到雲工場科技控股在過去五年中實現了 6.3% 的温和淨收入增長。因此，盈利增長可能是由其他變量造成的，例如高盈利保留或高效的管理。</p>
<p>考慮到行業盈利在同一五年期間以 13% 的速度萎縮，該公司的淨收入增長相當顯著。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1880899303-past-earnings-growth-1-dark-2/1767221246168?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/1880899303-past-earnings-growth-1-dark-2/1767221246168"/></p>
<p>SEHK:2512 過去的盈利增長截至 2025 年 12 月 31 日</p>
<p>對公司的估值在很大程度上與其盈利增長相關。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。通過這樣做，他們將能夠判斷該股票是走向一片晴朗的水域，還是面臨泥濘的水域。雲工場科技控股與其他公司相比是否被合理估值？這三個估值指標可能會幫助你做出決定。</p>
<h2>雲工場科技控股是否有效地再投資其利潤？</h2>
<p>鑑於雲工場科技控股不向股東支付任何定期股息，我們推斷該公司一直在將所有利潤再投資以發展其業務。</p>
<h2>總結</h2>
<p>總體而言，我們確實認為雲工場科技控股具有一些積極的特徵。儘管回報率較低，但由於大量再投資於業務，公司實現了令人印象深刻的盈利增長。雖然我們不會完全否定該公司，但我們會嘗試評估該業務的風險，以便對公司做出更明智的決策。您可以通過訪問我們平台上的 <strong>風險儀表板</strong> 免費查看我們為雲工場科技控股識別的一個風險。</p>
<p>國防和災難的移動基礎設施</p>
<p>下一波機器人技術不是類人型的。它是完全自主的塔，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

雲工場

<p>雲工場科技控股（HKG:2512）在過去一週的股價上漲了 19%。該公司的股本回報率（ROE）為 3.5%，低於行業平均水平 5.6%。儘管如此，該公司在過去五年中實現了 6.3% 的温和淨收入增長，這歸因於高收益留存和高效管理。該公司將利潤再投資於增長，因為它不支付定期股息。投資者應根據公司的盈利增長潛力評估其風險和估值</p>

<p>Cloud Factory Technology Holdings' (HKG:2512) stock is up by a considerable 19% over the past week. As most would know, fundamentals are what usually guide market price movements over the long-term, 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 Cloud Factory Technology Holdings' ROE.</p>
<div class="lb-trans"><p>雲工場科技控股（HKG:2512）的股價在過去一週上漲了相當可觀的 19%。眾所周知，基本面通常是指導市場價格長期波動的因素，因此我們決定今天查看公司的關鍵財務指標，以確定它們在最近的價格波動中是否發揮了作用。在本文中，我們決定重點關注雲工場科技控股的股本回報率（ROE）。</p>
</div><p>Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. 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>股本回報率（ROE）是評估公司管理層如何有效利用公司資本的關鍵指標。換句話説，它是一個盈利能力比率，衡量公司股東提供的資本的回報率。</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 只美國股票的發展將受益。</p>
</div><h2>How Is ROE Calculated?</h2>
<div class="lb-trans"><h2>ROE 是如何計算的？</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 Cloud Factory Technology Holdings is:</p>
<div class="lb-trans"><p>因此，根據上述公式，雲工場科技控股的 ROE 為：</p>
</div><p>3.5% = CN¥15m ÷ CN¥419m (Based on the trailing twelve months to June 2025).</p>
<div class="lb-trans"><p>3.5% = CN¥1500 萬 ÷ CN¥4.19 億（基於截至 2025 年 6 月的過去十二個月）。</p>
</div><p>The 'return' is the profit over the last twelve months. Another way to think of that is that for every HK$1 worth of equity, the company was able to earn HK$0.04 in profit.</p>
<div class="lb-trans"><p>“回報” 是過去十二個月的利潤。換句話説，對於每 1 港元的股本，公司能夠賺取 0.04 港元的利潤。</p>
</div><p>See our latest analysis for Cloud Factory Technology Holdings</p>
<div class="lb-trans"><p>查看我們對雲工場科技控股的最新分析</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 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>到目前為止，我們瞭解到 ROE 衡量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。假設其他條件不變，ROE 和利潤保留越高，公司的增長率就越高，相較於那些不具備這些特徵的公司。</p>
</div><h2>Cloud Factory Technology Holdings' Earnings Growth And 3.5% ROE</h2>
<div class="lb-trans"><h2>雲工場科技控股的盈利增長與 3.5% ROE</h2>
</div><p>It is hard to argue that Cloud Factory Technology Holdings' ROE is much good in and of itself. Even when compared to the industry average of 5.6%, the ROE figure is pretty disappointing. Although, we can see that Cloud Factory Technology Holdings saw a modest net income growth of 6.3% over the past five years. Therefore, the growth in earnings could probably have been caused by other variables. Such as - high earnings retention or an efficient management in place.</p>
<div class="lb-trans"><p>很難説雲工場科技控股的 ROE 本身有多好。即使與行業平均水平 5.6% 相比，ROE 數字也相當令人失望。儘管如此，我們可以看到雲工場科技控股在過去五年中實現了 6.3% 的温和淨收入增長。因此，盈利增長可能是由其他變量造成的，例如高盈利保留或高效的管理。</p>
</div><p>When you consider the fact that the industry earnings have shrunk at a rate of 13% in the same 5-year period, the company's net income growth is pretty remarkable.</p>
<div class="lb-trans"><p>考慮到行業盈利在同一五年期間以 13% 的速度萎縮，該公司的淨收入增長相當顯著。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1880899303-past-earnings-growth-1-dark-2/1767221246168" alt="" original-src="https://images.simplywall.st/asset/chart/1880899303-past-earnings-growth-1-dark-2/1767221246168"/></p>
<p>SEHK:2512 Past Earnings Growth December 31st 2025</p>
<div class="lb-trans"><p>SEHK:2512 過去的盈利增長截至 2025 年 12 月 31 日</p>
</div><p>The basis for attaching value to a company is, to a great extent, tied to its earnings growth. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is Cloud Factory Technology Holdings fairly valued compared to other companies? These 3 valuation measures might help you decide.</p>
<div class="lb-trans"><p>對公司的估值在很大程度上與其盈利增長相關。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。通過這樣做，他們將能夠判斷該股票是走向一片晴朗的水域，還是面臨泥濘的水域。雲工場科技控股與其他公司相比是否被合理估值？這三個估值指標可能會幫助你做出決定。</p>
</div><h2>Is Cloud Factory Technology Holdings Efficiently Re-investing Its Profits?</h2>
<div class="lb-trans"><h2>雲工場科技控股是否有效地再投資其利潤？</h2>
</div><p>Given that Cloud Factory Technology Holdings 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>鑑於雲工場科技控股不向股東支付任何定期股息，我們推斷該公司一直在將所有利潤再投資以發展其業務。</p>
</div><h2>Summary</h2>
<div class="lb-trans"><h2>總結</h2>
</div><p>On the whole, we do feel that Cloud Factory Technology Holdings has some positive attributes. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. You can see the 1 risk we have identified for Cloud Factory Technology Holdings by visiting our <strong>risks dashboard</strong> for free on our platform here.</p>
<div class="lb-trans"><p>總體而言，我們確實認為雲工場科技控股具有一些積極的特徵。儘管回報率較低，但由於大量再投資於業務，公司實現了令人印象深刻的盈利增長。雖然我們不會完全否定該公司，但我們會嘗試評估該業務的風險，以便對公司做出更明智的決策。您可以通過訪問我們平台上的 <strong>風險儀表板</strong> 免費查看我們為雲工場科技控股識別的一個風險。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>國防和災難的移動基礎設施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波機器人技術不是類人型的。它是完全自主的塔，在 30 分鐘內提供 5G、ISR 和雷達，隨時隨地。</p>
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<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
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雲工場科技控股有限公司（HKG:2512）的股票正在上漲：是否是基本面在推動這一趨勢？