<p><strong>美力时控股有限公司</strong> (HKG:1005) 的股票在过去一个月表现非常出色，涨幅达到 29%，而在此之前经历了一段动荡期。不幸的是，上个月的涨幅对过去一年的损失几乎没有起到弥补作用，该股票在这一时期仍然下跌了 26%。</p>
<p>即使在如此大幅的价格上涨之后，您仍然可以对美力时的市销率为 0.9 倍感到无所谓，因为香港休闲行业的中位市销率（或称&#34;P/S&#34;）也接近 0.7 倍。虽然这可能不会引起任何关注，但如果市销率没有合理的依据，投资者可能会错过潜在的机会或忽视即将到来的失望。</p>
<p>特朗普承诺要&#34;释放&#34;美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
<p>查看我们对美力时的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/879017-ps-multiple-vs-industry-1-dark-2/1759961583918?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/879017-ps-multiple-vs-industry-1-dark-2/1759961583918"/></p>
<p>SEHK:1005 市销率与行业比较 2025 年 10 月 8 日</p>
<h3>美力时最近的表现如何？</h3>
<p>举个例子，美力时的收入在过去一年中有所下降，这并不是理想的情况。一个可能性是，市销率适中是因为投资者认为该公司在不久的将来可能仍能与更广泛的行业保持一致。如果不是，那么现有股东可能会对股价的可持续性感到有些紧张。</p>
<p>尽管没有关于美力时的分析师预测，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>收入增长指标对市销率的启示是什么？</h2>
<p>有一个固有的假设，即公司应该与行业的市销率相匹配，像美力时这样的市销率才被认为是合理的。</p>
<p>回顾一下，去年该公司的收入增长并不令人兴奋，出现了令人失望的 13% 的下降。这意味着在长期内收入也出现了下滑，过去三年总收入下降了 57%。因此，可以公平地说，最近的收入增长对公司来说是不可取的。</p>
<p>与行业相比，行业预计在未来 12 个月内将实现 9.8% 的增长，而该公司基于最近的中期收入结果的下滑势头则显得令人沮丧。</p>
<p>鉴于此，美力时的市销率与大多数其他公司相当，这有些令人担忧。显然，许多投资者对该公司的看法远没有最近的情况那么悲观，并且目前不愿意抛售他们的股票。只有最勇敢的人才会假设这些价格是可持续的，因为最近的收入趋势的持续可能最终会对股价造成压力。</p>
<h2>美力时的市销率对投资者意味着什么？</h2>
<p>其股票大幅上涨，现在美力时的市销率回到了行业中位数的范围内。通常情况下，我们会警告在做出投资决策时不要过于关注市销率，尽管它可以揭示其他市场参与者对公司的看法。</p>
<p>美力时目前的市销率与行业其他公司相当，这让我们感到惊讶，因为其最近的收入在中期内一直在下降，而行业则预计将增长。尽管它与行业相匹配，但我们对当前的市销率感到不安，因为这种糟糕的收入表现不太可能长期支持更积极的市场情绪。除非最近的中期情况有所改善，否则预计该公司的股东将面临困难时期并不为过。</p>
<p>您应该始终考虑风险。举个例子，我们发现了 <strong>美力时的 3 个警告信号</strong>，您应该注意，其中 2 个信号让我们感到不安。</p>
<p>重要的是要 <strong>确保您寻找的是一家优秀的公司，而不仅仅是您遇到的第一个想法。</strong> 如果持续盈利能力符合您对优秀公司的定义，请查看这个 <strong>免费的</strong> 有趣公司列表，这些公司最近的收益增长强劲（且市盈率较低）。</p>

美力时

<p>美力时控股有限公司（HKG:1005）的股价最近上涨了 29%，尽管过去一年仍下跌了 26%。该公司的市销率为 0.9 倍，略高于行业中位数的 0.7 倍，这引发了对潜在错失机会或失望的担忧。去年的收入下降了 13%，三年来下降了 57%，与行业预计的 9.8% 的增长形成对比。尽管最近股价上涨，分析师警告称，考虑到公司糟糕的收入表现和潜在风险，目前的市销率可能无法持续</p>

<p><strong>Matrix Holdings Limited</strong> (HKG:1005) shares have had a really impressive month, gaining 29% after a shaky period beforehand. Unfortunately, the gains of the last month did little to right the losses of the last year with the stock still down 26% over that time.</p>
<div class="lb-trans"><p><strong>美力时控股有限公司</strong> (HKG:1005) 的股票在过去一个月表现非常出色，涨幅达到 29%，而在此之前经历了一段动荡期。不幸的是，上个月的涨幅对过去一年的损失几乎没有起到弥补作用，该股票在这一时期仍然下跌了 26%。</p>
</div><p>Even after such a large jump in price, you could still be forgiven for feeling indifferent about Matrix Holdings' P/S ratio of 0.9x, since the median price-to-sales (or &#34;P/S&#34;) ratio for the Leisure industry in Hong Kong is also close to 0.7x. While this might not raise any eyebrows, if the P/S ratio is not justified investors could be missing out on a potential opportunity or ignoring looming disappointment.</p>
<div class="lb-trans"><p>即使在如此大幅的价格上涨之后，您仍然可以对美力时的市销率为 0.9 倍感到无所谓，因为香港休闲行业的中位市销率（或称&#34;P/S&#34;）也接近 0.7 倍。虽然这可能不会引起任何关注，但如果市销率没有合理的依据，投资者可能会错过潜在的机会或忽视即将到来的失望。</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>特朗普承诺要&#34;释放&#34;美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
</div><p>See our latest analysis for Matrix Holdings</p>
<div class="lb-trans"><p>查看我们对美力时的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/879017-ps-multiple-vs-industry-1-dark-2/1759961583918" alt="" original-src="https://images.simplywall.st/asset/chart/879017-ps-multiple-vs-industry-1-dark-2/1759961583918"/></p>
<p>SEHK:1005 Price to Sales Ratio vs Industry October 8th 2025</p>
<div class="lb-trans"><p>SEHK:1005 市销率与行业比较 2025 年 10 月 8 日</p>
</div><h3>How Has Matrix Holdings Performed Recently?</h3>
<div class="lb-trans"><h3>美力时最近的表现如何？</h3>
</div><p>As an illustration, revenue has deteriorated at Matrix Holdings over the last year, which is not ideal at all. One possibility is that the P/S is moderate because investors think the company might still do enough to be in line with the broader industry in the near future. If not, then existing shareholders may be a little nervous about the viability of the share price.</p>
<div class="lb-trans"><p>举个例子，美力时的收入在过去一年中有所下降，这并不是理想的情况。一个可能性是，市销率适中是因为投资者认为该公司在不久的将来可能仍能与更广泛的行业保持一致。如果不是，那么现有股东可能会对股价的可持续性感到有些紧张。</p>
</div><p>Although there are no analyst estimates available for Matrix Holdings, 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>尽管没有关于美力时的分析师预测，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>What Are Revenue Growth Metrics Telling Us About The P/S?</h2>
<div class="lb-trans"><h2>收入增长指标对市销率的启示是什么？</h2>
</div><p>There's an inherent assumption that a company should be matching the industry for P/S ratios like Matrix Holdings' to be considered reasonable.</p>
<div class="lb-trans"><p>有一个固有的假设，即公司应该与行业的市销率相匹配，像美力时这样的市销率才被认为是合理的。</p>
</div><p>Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 13%. This means it has also seen a slide in revenue over the longer-term as revenue is down 57% in total over the last three years. Therefore, it's fair to say the revenue growth recently has been undesirable for the company.</p>
<div class="lb-trans"><p>回顾一下，去年该公司的收入增长并不令人兴奋，出现了令人失望的 13% 的下降。这意味着在长期内收入也出现了下滑，过去三年总收入下降了 57%。因此，可以公平地说，最近的收入增长对公司来说是不可取的。</p>
</div><p>Comparing that to the industry, which is predicted to deliver 9.8% 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，行业预计在未来 12 个月内将实现 9.8% 的增长，而该公司基于最近的中期收入结果的下滑势头则显得令人沮丧。</p>
</div><p>In light of this, it's somewhat alarming that Matrix Holdings' P/S sits in line with the majority of other companies. 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. Only the boldest would assume these prices are sustainable as a continuation of recent revenue trends is likely to weigh on the share price eventually.</p>
<div class="lb-trans"><p>鉴于此，美力时的市销率与大多数其他公司相当，这有些令人担忧。显然，许多投资者对该公司的看法远没有最近的情况那么悲观，并且目前不愿意抛售他们的股票。只有最勇敢的人才会假设这些价格是可持续的，因为最近的收入趋势的持续可能最终会对股价造成压力。</p>
</div><h2>What Does Matrix Holdings' P/S Mean For Investors?</h2>
<div class="lb-trans"><h2>美力时的市销率对投资者意味着什么？</h2>
</div><p>Its shares have lifted substantially and now Matrix Holdings' P/S is back within range of the industry median. Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.</p>
<div class="lb-trans"><p>其股票大幅上涨，现在美力时的市销率回到了行业中位数的范围内。通常情况下，我们会警告在做出投资决策时不要过于关注市销率，尽管它可以揭示其他市场参与者对公司的看法。</p>
</div><p>The fact that Matrix Holdings currently trades at a P/S on par with the rest of the industry is surprising to us since its recent revenues have been in decline over the medium-term, all while the industry is set to grow. Even though it matches the industry, we're uncomfortable with the current P/S ratio, as this dismal revenue performance is unlikely to support a more positive sentiment for long. 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>美力时目前的市销率与行业其他公司相当，这让我们感到惊讶，因为其最近的收入在中期内一直在下降，而行业则预计将增长。尽管它与行业相匹配，但我们对当前的市销率感到不安，因为这种糟糕的收入表现不太可能长期支持更积极的市场情绪。除非最近的中期情况有所改善，否则预计该公司的股东将面临困难时期并不为过。</p>
</div><p>You should always think about risks. Case in point, we've spotted <strong>3 warning signs for Matrix Holdings</strong> you should be aware of, and 2 of them don't sit too well with us.</p>
<div class="lb-trans"><p>您应该始终考虑风险。举个例子，我们发现了 <strong>美力时的 3 个警告信号</strong>，您应该注意，其中 2 个信号让我们感到不安。</p>
</div><p>It's important to <strong>make sure you look for a great company, not just the first idea you come across.</strong> So if growing profitability aligns with your idea of a great company, take a peek at this <strong>free</strong> list of interesting companies with strong recent earnings growth (and a low P/E).</p>
<div class="lb-trans"><p>重要的是要 <strong>确保您寻找的是一家优秀的公司，而不仅仅是您遇到的第一个想法。</strong> 如果持续盈利能力符合您对优秀公司的定义，请查看这个 <strong>免费的</strong> 有趣公司列表，这些公司最近的收益增长强劲（且市盈率较低）。</p>
</div>

美力时控股有限公司（HKG:1005）股价飙升 29%，因为投资者的悲观情绪没有预期的那么严重