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spartanslotsfreespins| Liu Chenming: There are only 20 A-share listed companies with ROE greater than 20% for ten consecutive years

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Theme: 2024 Fund High-Quality Development Conference: Hundreds of big names gathered to discuss new investment opportunities

May 18spartanslotsfreespins, Sina Finance 2024 Fund High-Quality Development Conference grandly kicks off! Regulators, top-class economists, more than 20 public fund leaders, nearly 100 fund managers, and nearly 30 popular financial and financial celebrities gathered in Pengcheng to talk about the development of the fund industry and new opportunities for fund investment!

The theme of this fund's high-quality development conference is "Helping new quality productivity to work together for high-quality development." Under the guidance of the "Nine Principles of New China", the capital market has become a key platform for corporate financing and promoting economic transformation, while new productivity is the core driving force for the economy to develop towards high-quality, efficient, fair, sustainable and safe. At this event, Dou Yuming, Wang Fan, Qi Bin, Wang Yiping and other asset management industry leaders; Liu Yuhui and other top economists; Guo Lei, Liu Chenming and other seller research leaders; Liang Xing, Wang Qunhang, Li Wenliang and other investment research celebrities came to the site, and hundreds of important guests gathered to witness the industry honors, discuss future investment trends, and ponder how to help new quality productivity!

spartanslotsfreespins| Liu Chenming: There are only 20 A-share listed companies with ROE greater than 20% for ten consecutive years

Liu Chenming, chief strategic analyst of Guangfa Securities, attended the meeting and delivered a speech. Liu Chenming said that there are only 20 companies that have been able to maintain a ROE level of more than 20% in A-shares since 2009. If the dividend ratio is 0, to maintain the ROE level of 20%, theoretically, an annualized net profit growth rate of 25% is required, which is difficult to see in both A-shares and other markets in ancient and modern times. Increasing the dividend ratio can reduce ROE's growth requirements. In other words, a relatively low growth rate can be used to maintain a stable ROE level.