<p>尽管已经有了强劲的表现，<strong>Sunmoon Food Company Limited</strong>（新交所代码：AAJ）股票仍在继续上涨，过去三十天上涨了 72%。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 55%。</p>
<p>尽管价格有了明显反弹，但可以说，Sunmoon Food 目前的市销率（&#34;P/S&#34;）为 0.8 倍，相较于新加坡消费零售行业的中位数市销率约为 0.4 倍，似乎仍然处于 “中等水平”。然而，如果没有合理的基础，投资者可能会忽视一个明显的机会或潜在的挫折。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<p>查看我们对 Sunmoon Food 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/8543328-ps-multiple-vs-industry-1-dark-2/1759269618332?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/8543328-ps-multiple-vs-industry-1-dark-2/1759269618332"/></p>
<p>SGX:AAJ 市销率与行业比较 2025 年 9 月 30 日</p>
<h3>Sunmoon Food 的市销率对股东意味着什么？</h3>
<p>最近，Sunmoon Food 的收入稳步上升，这令人欣慰。许多人可能预期其可观的收入表现会减弱，这使得市销率未能上升。看好 Sunmoon Food 的人希望情况并非如此，以便他们能够以较低的估值买入该股票。</p>
<p>尽管没有关于 Sunmoon Food 的分析师预测，但请查看这个 <strong>免费的</strong> 数据丰富的可视化，看看该公司在收益、收入和现金流方面的表现。</p>
<h2>收入预测与市销率是否匹配？</h2>
<p>有一个内在的假设，即公司应与行业的市销率相匹配，像 Sunmoon Food 这样的市销率才被认为是合理的。</p>
<p>回顾过去一年，该公司的收入增长了 25%。然而，与三年前相比，收入总共下降了 13%，这令人失望。因此，不幸的是，我们必须承认该公司在这段时间内未能有效地增长收入。</p>
<p>与行业相比，预计在接下来的 12 个月内将实现 11% 的增长，而该公司基于近期中期收入结果的下行趋势则显得令人沮丧。</p>
<p>根据这些信息，我们发现 Sunmoon Food 的市销率与行业相当相似，这让人感到担忧。显然，许多投资者对该公司的看法远没有近期的情况那么悲观，并且目前不愿意抛售他们的股票。如果市销率降至与近期负增长率更为一致的水平，现有股东很可能会面临未来的失望。</p>
<h2>Sunmoon Food 市销率的底线</h2>
<p>其股票大幅上涨，现在 Sunmoon Food 的市销率已回到行业中位数的范围内。有人认为，在某些行业中，市销率是一个较差的价值衡量标准，但它可以是一个强有力的商业情绪指标。</p>
<p>我们发现，尽管在中期经历了收入下降，Sunmoon Food 的市销率与行业其他公司相当，这令人意外，而整个行业预计将实现增长。当我们看到收入在行业增长预测的背景下出现下滑时，预计未来股价可能会下跌，从而使适度的市销率降低是合理的。除非近期中期的情况有所改善，否则预计该公司的股东将面临艰难的时期并不为过。</p>
<p>还有其他重要的风险因素需要考虑，我们发现 <strong>Sunmoon Food 的 3 个警示信号</strong>（其中 2 个可能是严重的！）在您投资之前需要了解。</p>
<p>当然，<strong>有着良好盈利增长历史的盈利公司通常是更安全的投资</strong>。因此，您可能希望查看这份 <strong>免费的</strong> 其他公司集合，这些公司拥有合理的市盈率并且盈利增长强劲。</p>

<p>Sunmoon Food Company Limited（新月食品有限公司，SGX:AAJ）的股价在过去一个月上涨了 72%，在过去一年上涨了 55%。尽管如此，该公司的市销率（P/S）为 0.8 倍，相较于行业中位数 0.4 倍而言属于平均水平。近期收入有所增加，但在过去三年中下降了 13%，这引发了对未来增长的担忧。分析师预测该行业在明年将增长 11%，与新月食品的下行趋势形成对比。如果市销率与公司的负增长率相符，投资者可能会面临失望</p>

<p>Despite an already strong run, <strong>Sunmoon Food Company Limited</strong> (SGX:AAJ) shares have been powering on, with a gain of 72% in the last thirty days. Looking back a bit further, it's encouraging to see the stock is up 55% in the last year.</p>
<div class="lb-trans"><p>尽管已经有了强劲的表现，<strong>Sunmoon Food Company Limited</strong>（新交所代码：AAJ）股票仍在继续上涨，过去三十天上涨了 72%。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 55%。</p>
</div><p>In spite of the firm bounce in price, it's still not a stretch to say that Sunmoon Food's price-to-sales (or &#34;P/S&#34;) ratio of 0.8x right now seems quite &#34;middle-of-the-road&#34; compared to the Consumer Retailing industry in Singapore, where the median P/S ratio is around 0.4x. However, investors might be overlooking a clear opportunity or potential setback if there is no rational basis for the P/S.</p>
<div class="lb-trans"><p>尽管价格有了明显反弹，但可以说，Sunmoon Food 目前的市销率（&#34;P/S&#34;）为 0.8 倍，相较于新加坡消费零售行业的中位数市销率约为 0.4 倍，似乎仍然处于 “中等水平”。然而，如果没有合理的基础，投资者可能会忽视一个明显的机会或潜在的挫折。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><p>View our latest analysis for Sunmoon Food</p>
<div class="lb-trans"><p>查看我们对 Sunmoon Food 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/8543328-ps-multiple-vs-industry-1-dark-2/1759269618332" alt="" original-src="https://images.simplywall.st/asset/chart/8543328-ps-multiple-vs-industry-1-dark-2/1759269618332"/></p>
<p>SGX:AAJ Price to Sales Ratio vs Industry September 30th 2025</p>
<div class="lb-trans"><p>SGX:AAJ 市销率与行业比较 2025 年 9 月 30 日</p>
</div><h3>What Does Sunmoon Food's P/S Mean For Shareholders?</h3>
<div class="lb-trans"><h3>Sunmoon Food 的市销率对股东意味着什么？</h3>
</div><p>Revenue has risen firmly for Sunmoon Food recently, which is pleasing to see. It might be that many expect the respectable revenue performance to wane, which has kept the P/S from rising. Those who are bullish on Sunmoon Food will be hoping that this isn't the case, so that they can pick up the stock at a lower valuation.</p>
<div class="lb-trans"><p>最近，Sunmoon Food 的收入稳步上升，这令人欣慰。许多人可能预期其可观的收入表现会减弱，这使得市销率未能上升。看好 Sunmoon Food 的人希望情况并非如此，以便他们能够以较低的估值买入该股票。</p>
</div><p>Although there are no analyst estimates available for Sunmoon Food, take a look at this <strong>free</strong> data-rich visualisation to see how the company stacks up on earnings, revenue and cash flow.</p>
<div class="lb-trans"><p>尽管没有关于 Sunmoon Food 的分析师预测，但请查看这个 <strong>免费的</strong> 数据丰富的可视化，看看该公司在收益、收入和现金流方面的表现。</p>
</div><h2>Do Revenue Forecasts Match The P/S Ratio?</h2>
<div class="lb-trans"><h2>收入预测与市销率是否匹配？</h2>
</div><p>There's an inherent assumption that a company should be matching the industry for P/S ratios like Sunmoon Food's to be considered reasonable.</p>
<div class="lb-trans"><p>有一个内在的假设，即公司应与行业的市销率相匹配，像 Sunmoon Food 这样的市销率才被认为是合理的。</p>
</div><p>Retrospectively, the last year delivered an exceptional 25% gain to the company's top line. Still, revenue has fallen 13% in total from three years ago, which is quite disappointing. So unfortunately, we have to acknowledge that the company has not done a great job of growing revenues over that time.</p>
<div class="lb-trans"><p>回顾过去一年，该公司的收入增长了 25%。然而，与三年前相比，收入总共下降了 13%，这令人失望。因此，不幸的是，我们必须承认该公司在这段时间内未能有效地增长收入。</p>
</div><p>Comparing that to the industry, which is predicted to deliver 11% growth in the next 12 months, the company's downward momentum based on recent medium-term revenue results is a sobering picture.</p>
<div class="lb-trans"><p>与行业相比，预计在接下来的 12 个月内将实现 11% 的增长，而该公司基于近期中期收入结果的下行趋势则显得令人沮丧。</p>
</div><p>With this information, we find it concerning that Sunmoon Food is trading at a fairly similar P/S compared to the industry. Apparently many investors in the company are way less bearish than recent times would indicate and aren't willing to let go of their stock right now. There's a good chance existing shareholders are setting themselves up for future disappointment if the P/S falls to levels more in line with the recent negative growth rates.</p>
<div class="lb-trans"><p>根据这些信息，我们发现 Sunmoon Food 的市销率与行业相当相似，这让人感到担忧。显然，许多投资者对该公司的看法远没有近期的情况那么悲观，并且目前不愿意抛售他们的股票。如果市销率降至与近期负增长率更为一致的水平，现有股东很可能会面临未来的失望。</p>
</div><h2>The Bottom Line On Sunmoon Food's P/S</h2>
<div class="lb-trans"><h2>Sunmoon Food 市销率的底线</h2>
</div><p>Its shares have lifted substantially and now Sunmoon Food's P/S is back within range of the industry median. It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.</p>
<div class="lb-trans"><p>其股票大幅上涨，现在 Sunmoon Food 的市销率已回到行业中位数的范围内。有人认为，在某些行业中，市销率是一个较差的价值衡量标准，但它可以是一个强有力的商业情绪指标。</p>
</div><p>We find it unexpected that Sunmoon Food trades at a P/S ratio that is comparable to the rest of the industry, despite experiencing declining revenues during the medium-term, while the industry as a whole is expected to grow. When we see revenue heading backwards in the context of growing industry forecasts, it'd make sense to expect a possible share price decline on the horizon, sending the moderate P/S lower. Unless the the circumstances surrounding the recent medium-term improve, it wouldn't be wrong to expect a a difficult period ahead for the company's shareholders.</p>
<div class="lb-trans"><p>我们发现，尽管在中期经历了收入下降，Sunmoon Food 的市销率与行业其他公司相当，这令人意外，而整个行业预计将实现增长。当我们看到收入在行业增长预测的背景下出现下滑时，预计未来股价可能会下跌，从而使适度的市销率降低是合理的。除非近期中期的情况有所改善，否则预计该公司的股东将面临艰难的时期并不为过。</p>
</div><p>There are also other vital risk factors to consider and we've discovered <strong>3 warning signs for Sunmoon Food</strong> (2 are potentially serious!) that you should be aware of before investing here.</p>
<div class="lb-trans"><p>还有其他重要的风险因素需要考虑，我们发现 <strong>Sunmoon Food 的 3 个警示信号</strong>（其中 2 个可能是严重的！）在您投资之前需要了解。</p>
</div><p>Of course, <strong>profitable companies with a history of great earnings growth are generally safer bets</strong>. So you may wish to see this <strong>free</strong> collection of other companies that have reasonable P/E ratios and have grown earnings strongly.</p>
<div class="lb-trans"><p>当然，<strong>有着良好盈利增长历史的盈利公司通常是更安全的投资</strong>。因此，您可能希望查看这份 <strong>免费的</strong> 其他公司集合，这些公司拥有合理的市盈率并且盈利增长强劲。</p>
</div>

乐观的投资者推动 Sunmoon Food Company Limited（SGX:AAJ）股价上涨 72%，但公司增长乏力