<p><strong>仁恒置地集团</strong> (SGX:Z25) 的股票在过去一个月中继续保持其近期的势头，涨幅达 25%。回顾更长的时间，令人鼓舞的是，该股票在过去一年中上涨了 78%。</p>
<p>尽管其股价大幅上涨，仁恒置地集团的市销率（&#34;P/S&#34;）为 0.3 倍，相较于新加坡更广泛的房地产行业，仍然显得具有较强的买入吸引力，约一半的公司市销率超过 2.7 倍，甚至市销率超过 6 倍的情况也相当普遍。然而，我们需要更深入地探讨，以确定这种大幅降低的市销率是否有合理的基础。</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探索。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布局。</p>
<p>查看我们对仁恒置地集团的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/27657923-ps-multiple-vs-industry-1-dark-2/1757290625779?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/27657923-ps-multiple-vs-industry-1-dark-2/1757290625779"/></p>
<p>SGX:Z25 市销率与行业比较 2025 年 9 月 8 日</p>
<h3>仁恒置地集团的市销率对股东意味着什么？</h3>
<p>仁恒置地集团最近一直在挣扎，因为其收入下降的速度超过了大多数其他公司。也许市场并不期待未来的收入表现会改善，这使得市销率保持在低位。因此，虽然可以说该股票便宜，但投资者会在看到改善之前不会认为它具有良好的价值。或者至少，如果你的计划是在该股票不受欢迎时买入一些股票，你会希望收入的下滑不会变得更糟。</p>
<p>想要了解公司分析师估计的完整情况吗？那么我们对仁恒置地集团的 <strong>免费</strong> 报告将帮助你揭示未来的趋势。</p>
<h2>收入增长指标告诉我们关于低市销率的什么？</h2>
<p>为了证明其市销率的合理性，仁恒置地集团需要实现远低于行业水平的微弱增长。</p>
<p>在回顾过去一年的财务数据时，我们感到沮丧，因为公司的收入下降了 47%。因此，三年前的收入总体也下降了 22%。因此，股东们对中期收入增长率感到失望。</p>
<p>展望未来，预计明年将出现大幅回落，收入预计下降 14%，这是两位分析师对公司的估计。同时，整个行业预计将温和下降 3.0%，这表明公司表现确实会很差。</p>
<p>根据这些信息，不难看出仁恒置地集团的市销率为何较低。然而，当收入迅速缩减时，市销率往往也会下降，这可能会让股东面临未来的失望。如果公司不改善其收入增长，市销率可能会进一步下降。</p>
<h2>最终结论</h2>
<p>仁恒置地集团的股票虽然有所上涨，但其市销率仍然处于低位。我们认为市销率的作用主要不是作为估值工具，而是用来衡量当前投资者情绪和未来预期。</p>
<p>正如预期的那样，我们对仁恒置地集团分析师预测的分析确认，该公司相较于行业的更为严峻的前景是其低市销率的主要原因。目前，股东们接受低市销率，因为他们承认未来的收入可能不会带来任何令人愉快的惊喜。不过，我们会担心在这些艰难的行业条件下，公司是否能够维持这种表现水平。就目前而言，在这种情况下，很难看到股价在短期内强劲上涨。</p>
<p>在你形成观点之前，我们发现了 <strong>仁恒置地集团的 1 个警示信号</strong>，你应该注意。</p>
<p><strong>如果你对过去有稳健盈利增长的公司感兴趣</strong>，你可能希望查看这份 <strong>免费</strong> 的其他强劲盈利增长和低市盈率公司的集合。</p>

仁恒置地集团

<p>仁恒置地集团（SGX:Z25）的股价在过去一个月上涨了 25%，在过去一年中上涨了 78%。尽管如此，该公司的低市销率（P/S）为 0.3 倍引发了担忧，因为过去一年收入下降了 47%，预计明年将再下降 14%。这种糟糕的收入表现导致市销率低迷，表明投资者对未来增长持谨慎态度。分析师建议，如果收入没有改善，该股票可能不会被视为良好的投资价值，股价可能难以进一步上涨</p>

<p><strong>Yanlord Land Group Limited</strong> (SGX:Z25) shares have continued their recent momentum with a 25% gain in the last month alone. Looking back a bit further, it's encouraging to see the stock is up 78% in the last year.</p>
<div class="lb-trans"><p><strong>仁恒置地集团</strong> (SGX:Z25) 的股票在过去一个月中继续保持其近期的势头，涨幅达 25%。回顾更长的时间，令人鼓舞的是，该股票在过去一年中上涨了 78%。</p>
</div><p>Although its price has surged higher, Yanlord Land Group's price-to-sales (or &#34;P/S&#34;) ratio of 0.3x might still make it look like a strong buy right now compared to the wider Real Estate industry in Singapore, where around half of the companies have P/S ratios above 2.7x and even P/S above 6x are quite common. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the highly reduced P/S.</p>
<div class="lb-trans"><p>尽管其股价大幅上涨，仁恒置地集团的市销率（&#34;P/S&#34;）为 0.3 倍，相较于新加坡更广泛的房地产行业，仍然显得具有较强的买入吸引力，约一半的公司市销率超过 2.7 倍，甚至市销率超过 6 倍的情况也相当普遍。然而，我们需要更深入地探讨，以确定这种大幅降低的市销率是否有合理的基础。</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探索。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布局。</p>
</div><p>View our latest analysis for Yanlord Land Group</p>
<div class="lb-trans"><p>查看我们对仁恒置地集团的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/27657923-ps-multiple-vs-industry-1-dark-2/1757290625779" alt="" original-src="https://images.simplywall.st/asset/chart/27657923-ps-multiple-vs-industry-1-dark-2/1757290625779"/></p>
<p>SGX:Z25 Price to Sales Ratio vs Industry September 8th 2025</p>
<div class="lb-trans"><p>SGX:Z25 市销率与行业比较 2025 年 9 月 8 日</p>
</div><h3>What Does Yanlord Land Group's P/S Mean For Shareholders?</h3>
<div class="lb-trans"><h3>仁恒置地集团的市销率对股东意味着什么？</h3>
</div><p>Yanlord Land Group has been struggling lately as its revenue has declined faster than most other companies. Perhaps the market isn't expecting future revenue performance to improve, which has kept the P/S suppressed. So while you could say the stock is cheap, investors will be looking for improvement before they see it as good value. Or at the very least, you'd be hoping the revenue slide doesn't get any worse if your plan is to pick up some stock while it's out of favour.</p>
<div class="lb-trans"><p>仁恒置地集团最近一直在挣扎，因为其收入下降的速度超过了大多数其他公司。也许市场并不期待未来的收入表现会改善，这使得市销率保持在低位。因此，虽然可以说该股票便宜，但投资者会在看到改善之前不会认为它具有良好的价值。或者至少，如果你的计划是在该股票不受欢迎时买入一些股票，你会希望收入的下滑不会变得更糟。</p>
</div><p>Want the full picture on analyst estimates for the company? Then our <strong>free</strong> report on Yanlord Land Group will help you uncover what's on the horizon.</p>
<div class="lb-trans"><p>想要了解公司分析师估计的完整情况吗？那么我们对仁恒置地集团的 <strong>免费</strong> 报告将帮助你揭示未来的趋势。</p>
</div><h2>What Are Revenue Growth Metrics Telling Us About The Low P/S?</h2>
<div class="lb-trans"><h2>收入增长指标告诉我们关于低市销率的什么？</h2>
</div><p>In order to justify its P/S ratio, Yanlord Land Group would need to produce anemic growth that's substantially trailing the industry.</p>
<div class="lb-trans"><p>为了证明其市销率的合理性，仁恒置地集团需要实现远低于行业水平的微弱增长。</p>
</div><p>In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 47%. As a result, revenue from three years ago have also fallen 22% overall. Accordingly, shareholders would have felt downbeat about the medium-term rates of revenue growth.</p>
<div class="lb-trans"><p>在回顾过去一年的财务数据时，我们感到沮丧，因为公司的收入下降了 47%。因此，三年前的收入总体也下降了 22%。因此，股东们对中期收入增长率感到失望。</p>
</div><p>Turning to the outlook, the next year should bring plunging returns, with revenue decreasing 14% as estimated by the two analysts watching the company. Meanwhile, the broader industry is forecast to moderate by 3.0%, which indicates the company should perform poorly indeed.</p>
<div class="lb-trans"><p>展望未来，预计明年将出现大幅回落，收入预计下降 14%，这是两位分析师对公司的估计。同时，整个行业预计将温和下降 3.0%，这表明公司表现确实会很差。</p>
</div><p>With this information, it's not too hard to see why Yanlord Land Group is trading at a lower P/S in comparison. However, when revenue shrink rapidly the P/S often shrinks too, which could set up shareholders for future disappointment. There's potential for the P/S to fall to even lower levels if the company doesn't improve its top-line growth.</p>
<div class="lb-trans"><p>根据这些信息，不难看出仁恒置地集团的市销率为何较低。然而，当收入迅速缩减时，市销率往往也会下降，这可能会让股东面临未来的失望。如果公司不改善其收入增长，市销率可能会进一步下降。</p>
</div><h2>The Final Word</h2>
<div class="lb-trans"><h2>最终结论</h2>
</div><p>Shares in Yanlord Land Group have risen appreciably however, its P/S is still subdued. We'd say the price-to-sales ratio's power isn't primarily as a valuation instrument but rather to gauge current investor sentiment and future expectations.</p>
<div class="lb-trans"><p>仁恒置地集团的股票虽然有所上涨，但其市销率仍然处于低位。我们认为市销率的作用主要不是作为估值工具，而是用来衡量当前投资者情绪和未来预期。</p>
</div><p>As expected, our analysis of Yanlord Land Group's analyst forecasts confirms that the company's even more precarious outlook against the industry is a major contributor to its low P/S. Right now shareholders are accepting the low P/S as they concede future revenue probably won't provide any pleasant surprises. Although, we would be concerned whether the company can even maintain this level of performance under these tough industry conditions. For now though, it's hard to see the share price rising strongly in the near future under these circumstances.</p>
<div class="lb-trans"><p>正如预期的那样，我们对仁恒置地集团分析师预测的分析确认，该公司相较于行业的更为严峻的前景是其低市销率的主要原因。目前，股东们接受低市销率，因为他们承认未来的收入可能不会带来任何令人愉快的惊喜。不过，我们会担心在这些艰难的行业条件下，公司是否能够维持这种表现水平。就目前而言，在这种情况下，很难看到股价在短期内强劲上涨。</p>
</div><p>Before you settle on your opinion, we've discovered <strong>1 warning sign for Yanlord Land Group</strong> that you should be aware of.</p>
<div class="lb-trans"><p>在你形成观点之前，我们发现了 <strong>仁恒置地集团的 1 个警示信号</strong>，你应该注意。</p>
</div><p><strong>If companies with solid past earnings growth is up your alley</strong>, you may wish to see this <strong>free</strong> collection of other companies with strong earnings growth and low P/E ratios.</p>
<div class="lb-trans"><p><strong>如果你对过去有稳健盈利增长的公司感兴趣</strong>，你可能希望查看这份 <strong>免费</strong> 的其他强劲盈利增长和低市盈率公司的集合。</p>
</div>

仁恒置地集团有限公司（SGX:Z25）股价上涨 25%，但投资者并不是为了增长而买入