<p><strong>碧生源控股有限公司</strong> (HKG:926) 的股票在過去一個月中繼續保持其近期的勢頭，漲幅達到 39%。儘管最近有所上漲，但年初至今的股價回報率僅為 2.5%，並不算特別出色。</p>
<p>儘管其股價大幅上漲，但可以説碧生源控股的市銷率（&#34;P/S&#34;）目前為 0.7 倍，相較於香港食品行業來看，似乎仍然處於&#34;中等水平&#34;，因為這與更廣泛行業的 P/S 比率相匹配。不過，簡單忽視 P/S 比率並不明智，因為投資者可能會忽略一個獨特的機會或犯下昂貴的錯誤。</p>
<p>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
<p>查看我們對碧生源控股的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/113274181-ps-multiple-vs-industry-1-dark-2/1754518330763?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/113274181-ps-multiple-vs-industry-1-dark-2/1754518330763"/></p>
<p>SEHK:926 市銷率與行業比較 2025 年 8 月 6 日</p>
<h3>碧生源控股最近的表現如何？</h3>
<p>碧生源控股的收入最近穩步上升，這令人欣慰。許多人可能預期其可觀的收入表現會減弱，這使得 P/S 比率未能上升。看好碧生源控股的人希望這不是事實，以便他們能夠以較低的估值買入該股票。</p>
<p>我們沒有分析師的預測，但您可以通過查看我們關於碧生源控股的 <strong>免費</strong> 報告，瞭解近期趨勢如何為公司未來鋪路，包括收益、收入和現金流。</p>
<h2>碧生源控股是否有收入增長的預測？</h2>
<p>碧生源控股的 P/S 比率對於一家預計僅能實現適度增長的公司來説是典型的，重要的是，它的表現與行業保持一致。</p>
<p>回顧過去一年，公司收入增長了 7.6%。然而，這並未能扭轉之前時期的糟糕表現，過去三年總收入縮水了 41%。因此，可以公平地説，最近的收入增長對公司來説並不理想。</p>
<p>與公司相比，行業其他部分預計在明年將增長 4.5%，這確實讓公司的近期中期收入下降顯得更加突出。</p>
<p>考慮到這一點，我們發現碧生源控股的 P/S 超過了其行業同行，這令人擔憂。顯然，許多投資者對該公司的看法遠比近期的情況所表明的要樂觀，並且目前不願意拋售他們的股票。只有最勇敢的人才會認為這些價格是可持續的，因為近期收入趨勢的持續可能最終會對股價造成壓力。</p>
<h2>最終結論</h2>
<p>其股票大幅上漲，現在碧生源控股的 P/S 已回到行業中位數範圍內。有人認為在某些行業中，市銷率是一個較差的價值衡量標準，但它可以是一個強有力的商業情緒指標。</p>
<p>我們對碧生源控股的觀察顯示，其中期收入的下降並沒有像我們預期的那樣對 P/S 產生太大影響，因為行業預計將增長。儘管它與行業相匹配，但我們對當前的 P/S 比率感到不安，因為這種糟糕的收入表現不太可能長期支持更積極的情緒。如果近期中期收入趨勢持續，將使股東的投資面臨風險，並使潛在投資者面臨支付不必要溢價的危險。</p>
<p>您應該始終考慮風險。舉個例子，我們發現了 <strong>碧生源控股的 2 個警示信號</strong>，您應該注意。</p>
<p>如果您對盈利能力強的公司感興趣，那麼您會想查看這份 <strong>免費</strong> 的有趣公司名單，這些公司交易的市盈率較低（但已證明能夠增長收益）。</p>

碧生源

<p>碧生源控股有限公司（HKG:926）的股價在過去一個月上漲了 39%，但年回報率僅為 2.5%。該公司的市銷率（P/S）為 0.7 倍，與香港食品行業的平均水平相符。儘管最近收入有所增長，但公司在過去三年中經歷了 41% 的收入下降。分析師預測適度增長，但考慮到行業預計 4.5% 的增長，當前市銷率的可持續性仍然令人擔憂。投資者應保持謹慎，因為持續的收入趨勢可能會對股價產生負面影響</p>

<p><strong>Besunyen Holdings Company Limited</strong> (HKG:926) shares have continued their recent momentum with a 39% gain in the last month alone. Notwithstanding the latest gain, the annual share price return of 2.5% isn't as impressive.</p>
<div class="lb-trans"><p><strong>碧生源控股有限公司</strong> (HKG:926) 的股票在過去一個月中繼續保持其近期的勢頭，漲幅達到 39%。儘管最近有所上漲，但年初至今的股價回報率僅為 2.5%，並不算特別出色。</p>
</div><p>Although its price has surged higher, it's still not a stretch to say that Besunyen Holdings' price-to-sales (or &#34;P/S&#34;) ratio of 0.7x right now seems quite &#34;middle-of-the-road&#34; compared to the Food industry in Hong Kong, seeing as it matches the P/S ratio of the wider industry. Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.</p>
<div class="lb-trans"><p>儘管其股價大幅上漲，但可以説碧生源控股的市銷率（&#34;P/S&#34;）目前為 0.7 倍，相較於香港食品行業來看，似乎仍然處於&#34;中等水平&#34;，因為這與更廣泛行業的 P/S 比率相匹配。不過，簡單忽視 P/S 比率並不明智，因為投資者可能會忽略一個獨特的機會或犯下昂貴的錯誤。</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>我們發現 21 只美國股票預計明年將支付超過 6% 的股息收益率。查看完整列表，免費獲取。</p>
</div><p>View our latest analysis for Besunyen Holdings</p>
<div class="lb-trans"><p>查看我們對碧生源控股的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/113274181-ps-multiple-vs-industry-1-dark-2/1754518330763" alt="" original-src="https://images.simplywall.st/asset/chart/113274181-ps-multiple-vs-industry-1-dark-2/1754518330763"/></p>
<p>SEHK:926 Price to Sales Ratio vs Industry August 6th 2025</p>
<div class="lb-trans"><p>SEHK:926 市銷率與行業比較 2025 年 8 月 6 日</p>
</div><h3>How Has Besunyen Holdings Performed Recently?</h3>
<div class="lb-trans"><h3>碧生源控股最近的表現如何？</h3>
</div><p>Revenue has risen firmly for Besunyen Holdings 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 Besunyen Holdings 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>碧生源控股的收入最近穩步上升，這令人欣慰。許多人可能預期其可觀的收入表現會減弱，這使得 P/S 比率未能上升。看好碧生源控股的人希望這不是事實，以便他們能夠以較低的估值買入該股票。</p>
</div><p>We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our <strong>free</strong> report on Besunyen Holdings' earnings, revenue and cash flow.</p>
<div class="lb-trans"><p>我們沒有分析師的預測，但您可以通過查看我們關於碧生源控股的 <strong>免費</strong> 報告，瞭解近期趨勢如何為公司未來鋪路，包括收益、收入和現金流。</p>
</div><h2>Is There Some Revenue Growth Forecasted For Besunyen Holdings?</h2>
<div class="lb-trans"><h2>碧生源控股是否有收入增長的預測？</h2>
</div><p>Besunyen Holdings' P/S ratio would be typical for a company that's only expected to deliver moderate growth, and importantly, perform in line with the industry.</p>
<div class="lb-trans"><p>碧生源控股的 P/S 比率對於一家預計僅能實現適度增長的公司來説是典型的，重要的是，它的表現與行業保持一致。</p>
</div><p>Retrospectively, the last year delivered a decent 7.6% gain to the company's revenues. Ultimately though, it couldn't turn around the poor performance of the prior period, with revenue shrinking 41% 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>回顧過去一年，公司收入增長了 7.6%。然而，這並未能扭轉之前時期的糟糕表現，過去三年總收入縮水了 41%。因此，可以公平地説，最近的收入增長對公司來説並不理想。</p>
</div><p>In contrast to the company, the rest of the industry is expected to grow by 4.5% over the next year, which really puts the company's recent medium-term revenue decline into perspective.</p>
<div class="lb-trans"><p>與公司相比，行業其他部分預計在明年將增長 4.5%，這確實讓公司的近期中期收入下降顯得更加突出。</p>
</div><p>With this in mind, we find it worrying that Besunyen Holdings' P/S exceeds that of its industry peers. 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>考慮到這一點，我們發現碧生源控股的 P/S 超過了其行業同行，這令人擔憂。顯然，許多投資者對該公司的看法遠比近期的情況所表明的要樂觀，並且目前不願意拋售他們的股票。只有最勇敢的人才會認為這些價格是可持續的，因為近期收入趨勢的持續可能最終會對股價造成壓力。</p>
</div><h2>The Final Word</h2>
<div class="lb-trans"><h2>最終結論</h2>
</div><p>Its shares have lifted substantially and now Besunyen Holdings' 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>其股票大幅上漲，現在碧生源控股的 P/S 已回到行業中位數範圍內。有人認為在某些行業中，市銷率是一個較差的價值衡量標準，但它可以是一個強有力的商業情緒指標。</p>
</div><p>Our look at Besunyen Holdings revealed its shrinking revenues over the medium-term haven't impacted the P/S as much as we anticipated, given 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. If recent medium-term revenue trends continue, it will place shareholders' investments at risk and potential investors in danger of paying an unnecessary premium.</p>
<div class="lb-trans"><p>我們對碧生源控股的觀察顯示，其中期收入的下降並沒有像我們預期的那樣對 P/S 產生太大影響，因為行業預計將增長。儘管它與行業相匹配，但我們對當前的 P/S 比率感到不安，因為這種糟糕的收入表現不太可能長期支持更積極的情緒。如果近期中期收入趨勢持續，將使股東的投資面臨風險，並使潛在投資者面臨支付不必要溢價的危險。</p>
</div><p>You should always think about risks. Case in point, we've spotted <strong>2 warning signs for Besunyen Holdings</strong> you should be aware of.</p>
<div class="lb-trans"><p>您應該始終考慮風險。舉個例子，我們發現了 <strong>碧生源控股的 2 個警示信號</strong>，您應該注意。</p>
</div><p>If strong companies turning a profit tickle your fancy, then you'll want to check out this <strong>free</strong> list of interesting companies that trade on a low P/E (but have proven they can grow earnings).</p>
<div class="lb-trans"><p>如果您對盈利能力強的公司感興趣，那麼您會想查看這份 <strong>免費</strong> 的有趣公司名單，這些公司交易的市盈率較低（但已證明能夠增長收益）。</p>
</div>

碧生源控股有限公司（HKG:926）的股價雖然上漲了 39%，但其業務發展仍未跟上步伐