<h3>关键洞察</h3>
<ul>
<li>富誉控股的估计公允价值为 0.52 港元，基于两阶段自由现金流折现法</li>
<li>以 0.52 港元的股价，富誉控股的交易价格接近其估计公允价值</li>
<li>富誉控股的同行似乎以高于公允价值的溢价交易，行业平均溢价为-352%</li>
</ul>
<p>富誉控股有限公司（HKG:8269）与其内在价值相差多远？我们将利用最新的财务数据，查看该股票是否被合理定价，通过估算公司的未来现金流并将其折现到现值。此次我们将使用折现现金流（DCF）模型。这听起来可能复杂，但实际上相当简单！</p>
<p>我们通常认为，一家公司的价值是其未来所有现金流的现值。然而，DCF 只是众多估值指标之一，并非没有缺陷。对于那些热衷于股票分析的学习者，Simply Wall St 的分析模型可能会引起你的兴趣。</p>
<p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
<h2>逐步计算过程</h2>
<p>我们使用两阶段增长模型，这意味着我们考虑公司的两个增长阶段。在初始阶段，公司可能具有更高的增长率，而第二阶段通常假设为稳定增长率。在第一阶段，我们需要估算未来十年内公司的现金流。由于没有分析师对自由现金流的估计可供我们参考，我们将根据公司最后报告的自由现金流（FCF）值进行外推。我们假设自由现金流减少的公司将减缓其缩减速度，而自由现金流增长的公司在此期间将看到其增长速度放缓。我们这样做是为了反映出，早期的增长往往比后期的增长放缓得更快。</p>
<p>通常我们假设今天的一美元比未来的一美元更有价值，因此这些未来现金流的总和会折现到今天的价值：</p>
<h4>10 年自由现金流（FCF）估算</h4>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流（港元，百万）</strong></td>
<td>4.75 百万港元</td>
<td>8.14 百万港元</td>
<td>12.3 百万港元</td>
<td>16.7 百万港元</td>
<td>21.1 百万港元</td>
<td>25.2 百万港元</td>
<td>28.7 百万港元</td>
<td>31.8 百万港元</td>
<td>34.5 百万港元</td>
<td>36.8 百万港元</td>
</tr>
<tr>
<td><strong>增长率估算来源</strong></td>
<td>估算 @ 100.70%</td>
<td>估算 @ 71.30%</td>
<td>估算 @ 50.71%</td>
<td>估算 @ 36.31%</td>
<td>估算 @ 26.22%</td>
<td>估算 @ 19.16%</td>
<td>估算 @ 14.22%</td>
<td>估算 @ 10.76%</td>
<td>估算 @ 8.34%</td>
<td>估算 @ 6.64%</td>
</tr>
<tr>
<td><strong>现值（港元，百万）按 8.0% 折现</strong></td>
<td>4.4</td>
<td>7.0</td>
<td>9.7</td>
<td>12.3</td>
<td>14.4</td>
<td>15.9</td>
<td>16.8</td>
<td>17.2</td>
<td>17.3</td>
<td>17.1</td>
</tr>
</tbody>
</table>
<p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估算)</em></p>
<p><strong>10 年现金流现值（PVCF）</strong> = 1.32 亿港元</p>
<p>第二阶段也称为终值，这是业务在第一阶段后的现金流。使用戈登增长公式计算终值，假设未来年增长率等于 10 年期政府债券收益率的 5 年平均值 2.7%。我们以 8.0% 的股本成本将终值现金流折现到今天的价值。</p>
<p><strong>终值（TV）</strong> = FCF2035 × (1 + g) ÷ (r – g) = 3700 万港元× (1 + 2.7%) ÷ (8.0%– 2.7%) = 7.13 亿港元</p>
<p><strong>终值现值（PVTV）</strong> = TV / (1 + r) 10= 7.13 亿港元÷ ( 1 + 8.0%) 10= 3.31 亿港元</p>
<p>总价值或股权价值是未来现金流现值的总和，在这种情况下为 4.63 亿港元。最后一步是将股权价值除以流通在外的股份数。相对于当前股价 0.5 港元，该公司在撰写时似乎接近公允价值。然而，估值工具并不精确，类似于望远镜 - 移动几个度数就会进入不同的星系。请记住这一点。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/113993412-dcf-1-dark-2/1759445594839?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/113993412-dcf-1-dark-2/1759445594839"/></p>
<p>SEHK:8269 折现现金流 2025 年 10 月 2 日</p>
<h2>假设</h2>
<p>我们要指出，折现现金流最重要的输入是折现率和实际现金流。如果你不同意这些结果，可以自己进行计算并调整假设。DCF 也没有考虑行业的周期性或公司的未来资本需求，因此并不能全面反映公司的潜在表现。考虑到我们将富誉控股视为潜在股东，使用股本成本作为折现率，而不是资本成本（或加权平均资本成本，WACC），后者考虑了债务。在此计算中，我们使用了 8.0%，这是基于 1.039 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并设定在 0.8 到 2.0 之间，这是一个适合稳定业务的合理范围。</p>
<p>查看我们对富誉控股的最新分析</p>
<h3>富誉控股的 SWOT 分析</h3>
<p><strong>优势</strong></p>
<ul>
<li>债务不被视为风险。</li>
</ul>
<p>8269 的资产负债表摘要。</p>
<p><strong>劣势</strong></p>
<ul>
<li>当前股价高于我们估计的公允价值。</li>
</ul>
<p>投资 8269 的主要风险。</p>
<p><strong>机会</strong></p>
<ul>
<li>基于当前自由现金流，拥有超过 3 年的现金储备。</li>
</ul>
<ul>
<li>过去 3 个月内有显著的内部购买。</li>
</ul>
<ul>
<li>缺乏分析师覆盖使得难以确定 8269 的盈利前景。</li>
</ul>
<p><strong>威胁</strong></p>
<ul>
<li>8269 没有明显的威胁。</li>
</ul>
<h2>下一步：</h2>
<p>虽然公司的估值很重要，但它只是评估公司时需要考虑的众多因素之一。DCF 模型并不是投资估值的唯一标准。相反，DCF 模型的最佳用途是测试某些假设和理论，以查看它们是否会导致公司被低估或高估。如果一家公司以不同的速度增长，或者其股本成本或无风险利率发生剧烈变化，输出结果可能会大相径庭。对于富誉控股，我们整理了三个您应该进一步审查的重要事项：</p>
<ol>
<li><strong>风险</strong>：例如，我们发现了 <strong>富誉控股的 3 个警示信号</strong>（其中 1 个是显著的！），您需要在投资前考虑这些因素。</li>
<li><strong>管理层</strong>：内部人士是否在增加他们的股份，以利用市场对 8269 未来前景的情绪？查看我们的管理层和董事会分析，了解首席执行官薪酬和治理因素的见解。</li>
<li><strong>其他稳健的企业</strong>：低负债、高股本回报和良好的过往表现是强大企业的基础。为什么不探索我们互动的稳健商业基本面股票列表，看看是否还有其他您可能未考虑的公司！</li>
</ol>
<p>PS. Simply Wall St 应用程序每天对每只在香港证券交易所上市的股票进行折现现金流估值。如果您想查找其他股票的计算，只需在这里搜索。</p>

富誉控股

<p>富誉控股（HKG:8269）的估计公允价值为 0.52 港元，目前股价也为 0.52 港元，表明其交易接近内在价值。该公司的未来现金流使用折现现金流（DCF）模型进行了分析，估计总股权价值为 4.63 亿港元。分析表明，富誉控股的估值与同行相比是合理的，而同行的交易溢价则高于公允价值。然而，DCF 模型存在局限性，并未考虑行业周期性或未来的资本需求</p>

<h3>Key Insights</h3>
<div class="lb-trans"><h3>关键洞察</h3>
</div><ul>
<li>Wealth Glory Holdings' estimated fair value is HK$0.52 based on 2 Stage Free Cash Flow to Equity</li>
<li>With HK$0.52 share price, Wealth Glory Holdings appears to be trading close to its estimated fair value</li>
<li>Wealth Glory Holdings' peers seem to be trading at a higher premium to fair value based onthe industry average of -352%</li>
</ul>
<div class="lb-trans"><ul>
<li>富誉控股的估计公允价值为 0.52 港元，基于两阶段自由现金流折现法</li>
<li>以 0.52 港元的股价，富誉控股的交易价格接近其估计公允价值</li>
<li>富誉控股的同行似乎以高于公允价值的溢价交易，行业平均溢价为-352%</li>
</ul>
</div><p>How far off is Wealth Glory Holdings Limited (HKG:8269) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by estimating the company's future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. It may sound complicated, but actually it is quite simple!</p>
<div class="lb-trans"><p>富誉控股有限公司（HKG:8269）与其内在价值相差多远？我们将利用最新的财务数据，查看该股票是否被合理定价，通过估算公司的未来现金流并将其折现到现值。此次我们将使用折现现金流（DCF）模型。这听起来可能复杂，但实际上相当简单！</p>
</div><p>We generally believe that a company's value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you.</p>
<div class="lb-trans"><p>我们通常认为，一家公司的价值是其未来所有现金流的现值。然而，DCF 只是众多估值指标之一，并非没有缺陷。对于那些热衷于股票分析的学习者，Simply Wall St 的分析模型可能会引起你的兴趣。</p>
</div><p>We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.</p>
<div class="lb-trans"><p>我们发现 21 只美国股票预计明年将支付超过 6% 的股息收益率。查看完整列表，免费获取。</p>
</div><h2>Step By Step Through The Calculation</h2>
<div class="lb-trans"><h2>逐步计算过程</h2>
</div><p>We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. In the first stage we need to estimate the cash flows to the business over the next ten years. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years.</p>
<div class="lb-trans"><p>我们使用两阶段增长模型，这意味着我们考虑公司的两个增长阶段。在初始阶段，公司可能具有更高的增长率，而第二阶段通常假设为稳定增长率。在第一阶段，我们需要估算未来十年内公司的现金流。由于没有分析师对自由现金流的估计可供我们参考，我们将根据公司最后报告的自由现金流（FCF）值进行外推。我们假设自由现金流减少的公司将减缓其缩减速度，而自由现金流增长的公司在此期间将看到其增长速度放缓。我们这样做是为了反映出，早期的增长往往比后期的增长放缓得更快。</p>
</div><p>Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value:</p>
<div class="lb-trans"><p>通常我们假设今天的一美元比未来的一美元更有价值，因此这些未来现金流的总和会折现到今天的价值：</p>
</div><h4>10-year free cash flow (FCF) estimate</h4>
<div class="lb-trans"><h4>10 年自由现金流（FCF）估算</h4>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>Levered FCF (HK$, Millions)</strong></td>
<td>HK$4.75m</td>
<td>HK$8.14m</td>
<td>HK$12.3m</td>
<td>HK$16.7m</td>
<td>HK$21.1m</td>
<td>HK$25.2m</td>
<td>HK$28.7m</td>
<td>HK$31.8m</td>
<td>HK$34.5m</td>
<td>HK$36.8m</td>
</tr>
<tr>
<td><strong>Growth Rate Estimate Source</strong></td>
<td>Est @ 100.70%</td>
<td>Est @ 71.30%</td>
<td>Est @ 50.71%</td>
<td>Est @ 36.31%</td>
<td>Est @ 26.22%</td>
<td>Est @ 19.16%</td>
<td>Est @ 14.22%</td>
<td>Est @ 10.76%</td>
<td>Est @ 8.34%</td>
<td>Est @ 6.64%</td>
</tr>
<tr>
<td><strong>Present Value (HK$, Millions) Discounted @ 8.0%</strong></td>
<td>HK$4.4</td>
<td>HK$7.0</td>
<td>HK$9.7</td>
<td>HK$12.3</td>
<td>HK$14.4</td>
<td>HK$15.9</td>
<td>HK$16.8</td>
<td>HK$17.2</td>
<td>HK$17.3</td>
<td>HK$17.1</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>2026</strong></td>
<td><strong>2027</strong></td>
<td><strong>2028</strong></td>
<td><strong>2029</strong></td>
<td><strong>2030</strong></td>
<td><strong>2031</strong></td>
<td><strong>2032</strong></td>
<td><strong>2033</strong></td>
<td><strong>2034</strong></td>
<td><strong>2035</strong></td>
</tr>
<tr>
<td><strong>杠杆自由现金流（港元，百万）</strong></td>
<td>4.75 百万港元</td>
<td>8.14 百万港元</td>
<td>12.3 百万港元</td>
<td>16.7 百万港元</td>
<td>21.1 百万港元</td>
<td>25.2 百万港元</td>
<td>28.7 百万港元</td>
<td>31.8 百万港元</td>
<td>34.5 百万港元</td>
<td>36.8 百万港元</td>
</tr>
<tr>
<td><strong>增长率估算来源</strong></td>
<td>估算 @ 100.70%</td>
<td>估算 @ 71.30%</td>
<td>估算 @ 50.71%</td>
<td>估算 @ 36.31%</td>
<td>估算 @ 26.22%</td>
<td>估算 @ 19.16%</td>
<td>估算 @ 14.22%</td>
<td>估算 @ 10.76%</td>
<td>估算 @ 8.34%</td>
<td>估算 @ 6.64%</td>
</tr>
<tr>
<td><strong>现值（港元，百万）按 8.0% 折现</strong></td>
<td>4.4</td>
<td>7.0</td>
<td>9.7</td>
<td>12.3</td>
<td>14.4</td>
<td>15.9</td>
<td>16.8</td>
<td>17.2</td>
<td>17.3</td>
<td>17.1</td>
</tr>
</tbody>
</table>
</div><p><em>(&#34;Est&#34; = FCF growth rate estimated by Simply Wall St)</em></p>
<div class="lb-trans"><p><em>(&#34;Est&#34; = FCF 增长率由 Simply Wall St 估算)</em></p>
</div><p><strong>Present Value of 10-year Cash Flow (PVCF)</strong> = HK$132m</p>
<div class="lb-trans"><p><strong>10 年现金流现值（PVCF）</strong> = 1.32 亿港元</p>
</div><p>The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 2.7%. We discount the terminal cash flows to today's value at a cost of equity of 8.0%.</p>
<div class="lb-trans"><p>第二阶段也称为终值，这是业务在第一阶段后的现金流。使用戈登增长公式计算终值，假设未来年增长率等于 10 年期政府债券收益率的 5 年平均值 2.7%。我们以 8.0% 的股本成本将终值现金流折现到今天的价值。</p>
</div><p><strong>Terminal Value (TV)</strong> = FCF2035 × (1 + g) ÷ (r – g) = HK$37m× (1 + 2.7%) ÷ (8.0%– 2.7%) = HK$713m</p>
<div class="lb-trans"><p><strong>终值（TV）</strong> = FCF2035 × (1 + g) ÷ (r – g) = 3700 万港元× (1 + 2.7%) ÷ (8.0%– 2.7%) = 7.13 亿港元</p>
</div><p><strong>Present Value of Terminal Value (PVTV)</strong> = TV / (1 + r) 10= HK$713m÷ ( 1 + 8.0%) 10= HK$331m</p>
<div class="lb-trans"><p><strong>终值现值（PVTV）</strong> = TV / (1 + r) 10= 7.13 亿港元÷ ( 1 + 8.0%) 10= 3.31 亿港元</p>
</div><p>The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is HK$463m. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of HK$0.5, the company appears around fair value at the time of writing. Valuations are imprecise instruments though, rather like a telescope - move a few degrees and end up in a different galaxy. Do keep this in mind.</p>
<div class="lb-trans"><p>总价值或股权价值是未来现金流现值的总和，在这种情况下为 4.63 亿港元。最后一步是将股权价值除以流通在外的股份数。相对于当前股价 0.5 港元，该公司在撰写时似乎接近公允价值。然而，估值工具并不精确，类似于望远镜 - 移动几个度数就会进入不同的星系。请记住这一点。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/113993412-dcf-1-dark-2/1759445594839" alt="" original-src="https://images.simplywall.st/asset/chart/113993412-dcf-1-dark-2/1759445594839"/></p>
<p>SEHK:8269 Discounted Cash Flow October 2nd 2025</p>
<div class="lb-trans"><p>SEHK:8269 折现现金流 2025 年 10 月 2 日</p>
</div><h2>The Assumptions</h2>
<div class="lb-trans"><h2>假设</h2>
</div><p>We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. If you don't agree with these result, have a go at the calculation yourself and play with the assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Wealth Glory Holdings as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 8.0%, which is based on a levered beta of 1.039. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business.</p>
<div class="lb-trans"><p>我们要指出，折现现金流最重要的输入是折现率和实际现金流。如果你不同意这些结果，可以自己进行计算并调整假设。DCF 也没有考虑行业的周期性或公司的未来资本需求，因此并不能全面反映公司的潜在表现。考虑到我们将富誉控股视为潜在股东，使用股本成本作为折现率，而不是资本成本（或加权平均资本成本，WACC），后者考虑了债务。在此计算中，我们使用了 8.0%，这是基于 1.039 的杠杆贝塔。贝塔是衡量股票相对于整体市场波动性的指标。我们从全球可比公司的行业平均贝塔中获得我们的贝塔，并设定在 0.8 到 2.0 之间，这是一个适合稳定业务的合理范围。</p>
</div><p>View our latest analysis for Wealth Glory Holdings</p>
<div class="lb-trans"><p>查看我们对富誉控股的最新分析</p>
</div><h3>SWOT Analysis for Wealth Glory Holdings</h3>
<div class="lb-trans"><h3>富誉控股的 SWOT 分析</h3>
</div><p><strong>Strength</strong></p>
<div class="lb-trans"><p><strong>优势</strong></p>
</div><ul>
<li>Debt is not viewed as a risk.</li>
</ul>
<div class="lb-trans"><ul>
<li>债务不被视为风险。</li>
</ul>
</div><p>Balance sheet summary for 8269.</p>
<div class="lb-trans"><p>8269 的资产负债表摘要。</p>
</div><p><strong>Weakness</strong></p>
<div class="lb-trans"><p><strong>劣势</strong></p>
</div><ul>
<li>Current share price is above our estimate of fair value.</li>
</ul>
<div class="lb-trans"><ul>
<li>当前股价高于我们估计的公允价值。</li>
</ul>
</div><p>Key risks with investing in 8269.</p>
<div class="lb-trans"><p>投资 8269 的主要风险。</p>
</div><p><strong>Opportunity</strong></p>
<div class="lb-trans"><p><strong>机会</strong></p>
</div><ul>
<li>Has sufficient cash runway for more than 3 years based on current free cash flows.</li>
</ul>
<div class="lb-trans"><ul>
<li>基于当前自由现金流，拥有超过 3 年的现金储备。</li>
</ul>
</div><ul>
<li>Significant insider buying over the past 3 months.</li>
</ul>
<div class="lb-trans"><ul>
<li>过去 3 个月内有显著的内部购买。</li>
</ul>
</div><ul>
<li>Lack of analyst coverage makes it difficult to determine 8269's earnings prospects.</li>
</ul>
<div class="lb-trans"><ul>
<li>缺乏分析师覆盖使得难以确定 8269 的盈利前景。</li>
</ul>
</div><p><strong>Threat</strong></p>
<div class="lb-trans"><p><strong>威胁</strong></p>
</div><ul>
<li>No apparent threats visible for 8269.</li>
</ul>
<div class="lb-trans"><ul>
<li>8269 没有明显的威胁。</li>
</ul>
</div><h2>Next Steps:</h2>
<div class="lb-trans"><h2>下一步：</h2>
</div><p>Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. DCF models are not the be-all and end-all of investment valuation. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For Wealth Glory Holdings, we've compiled three important items you should further examine:</p>
<div class="lb-trans"><p>虽然公司的估值很重要，但它只是评估公司时需要考虑的众多因素之一。DCF 模型并不是投资估值的唯一标准。相反，DCF 模型的最佳用途是测试某些假设和理论，以查看它们是否会导致公司被低估或高估。如果一家公司以不同的速度增长，或者其股本成本或无风险利率发生剧烈变化，输出结果可能会大相径庭。对于富誉控股，我们整理了三个您应该进一步审查的重要事项：</p>
</div><ol>
<li><strong>Risks</strong>: As an example, we've found <strong>3 warning signs for Wealth Glory Holdings</strong> (1 is significant!) that you need to consider before investing here.</li>
<li><strong>Management</strong>:Have insiders been ramping up their shares to take advantage of the market's sentiment for 8269's future outlook? Check out our management and board analysis with insights on CEO compensation and governance factors.</li>
<li><strong>Other Solid Businesses</strong>: Low debt, high returns on equity and good past performance are fundamental to a strong business. Why not explore our interactive list of stocks with solid business fundamentals to see if there are other companies you may not have considered!</li>
</ol>
<div class="lb-trans"><ol>
<li><strong>风险</strong>：例如，我们发现了 <strong>富誉控股的 3 个警示信号</strong>（其中 1 个是显著的！），您需要在投资前考虑这些因素。</li>
<li><strong>管理层</strong>：内部人士是否在增加他们的股份，以利用市场对 8269 未来前景的情绪？查看我们的管理层和董事会分析，了解首席执行官薪酬和治理因素的见解。</li>
<li><strong>其他稳健的企业</strong>：低负债、高股本回报和良好的过往表现是强大企业的基础。为什么不探索我们互动的稳健商业基本面股票列表，看看是否还有其他您可能未考虑的公司！</li>
</ol>
</div><p>PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the SEHK every day. If you want to find the calculation for other stocks just search here.</p>
<div class="lb-trans"><p>PS. Simply Wall St 应用程序每天对每只在香港证券交易所上市的股票进行折现现金流估值。如果您想查找其他股票的计算，只需在这里搜索。</p>
</div>

计算富誉控股有限公司（HKG:8269）的内在价值