<p>儘管已經有了強勁的表現，<strong>Sunmoon Food Company Limited</strong>（新交所代碼：AAJ）股票仍在繼續上漲，過去三十天上漲了 72%。回顧更長的時間，令人鼓舞的是，該股票在過去一年中上漲了 55%。</p>
<p>儘管價格有了明顯反彈，但可以説，Sunmoon Food 目前的市銷率（&#34;P/S&#34;）為 0.8 倍，相較於新加坡消費零售行業的中位數市銷率約為 0.4 倍，似乎仍然處於 “中等水平”。然而，如果沒有合理的基礎，投資者可能會忽視一個明顯的機會或潛在的挫折。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<p>查看我們對 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 市銷率與行業比較 2025 年 9 月 30 日</p>
<h3>Sunmoon Food 的市銷率對股東意味着什麼？</h3>
<p>最近，Sunmoon Food 的收入穩步上升，這令人欣慰。許多人可能預期其可觀的收入表現會減弱，這使得市銷率未能上升。看好 Sunmoon Food 的人希望情況並非如此，以便他們能夠以較低的估值買入該股票。</p>
<p>儘管沒有關於 Sunmoon Food 的分析師預測，但請查看這個 <strong>免費的</strong> 數據豐富的可視化，看看該公司在收益、收入和現金流方面的表現。</p>
<h2>收入預測與市銷率是否匹配？</h2>
<p>有一個內在的假設，即公司應與行業的市銷率相匹配，像 Sunmoon Food 這樣的市銷率才被認為是合理的。</p>
<p>回顧過去一年，該公司的收入增長了 25%。然而，與三年前相比，收入總共下降了 13%，這令人失望。因此，不幸的是，我們必須承認該公司在這段時間內未能有效地增長收入。</p>
<p>與行業相比，預計在接下來的 12 個月內將實現 11% 的增長，而該公司基於近期中期收入結果的下行趨勢則顯得令人沮喪。</p>
<p>根據這些信息，我們發現 Sunmoon Food 的市銷率與行業相當相似，這讓人感到擔憂。顯然，許多投資者對該公司的看法遠沒有近期的情況那麼悲觀，並且目前不願意拋售他們的股票。如果市銷率降至與近期負增長率更為一致的水平，現有股東很可能會面臨未來的失望。</p>
<h2>Sunmoon Food 市銷率的底線</h2>
<p>其股票大幅上漲，現在 Sunmoon Food 的市銷率已回到行業中位數的範圍內。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>我們發現，儘管在中期經歷了收入下降，Sunmoon Food 的市銷率與行業其他公司相當，這令人意外，而整個行業預計將實現增長。當我們看到收入在行業增長預測的背景下出現下滑時，預計未來股價可能會下跌，從而使適度的市銷率降低是合理的。除非近期中期的情況有所改善，否則預計該公司的股東將面臨艱難的時期並不為過。</p>
<p>還有其他重要的風險因素需要考慮，我們發現 <strong>Sunmoon Food 的 3 個警示信號</strong>（其中 2 個可能是嚴重的！）在您投資之前需要了解。</p>
<p>當然，<strong>有着良好盈利增長曆史的盈利公司通常是更安全的投資</strong>。因此，您可能希望查看這份 <strong>免費的</strong> 其他公司集合，這些公司擁有合理的市盈率並且盈利增長強勁。</p>

<p>Sunmoon Food Company Limited（新月食品有限公司，SGX:AAJ）的股價在過去一個月上漲了 72%，在過去一年上漲了 55%。儘管如此，該公司的市銷率（P/S）為 0.8 倍，相較於行業中位數 0.4 倍而言屬於平均水平。近期收入有所增加，但在過去三年中下降了 13%，這引發了對未來增長的擔憂。分析師預測該行業在明年將增長 11%，與新月食品的下行趨勢形成對比。如果市銷率與公司的負增長率相符，投資者可能會面臨失望</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>儘管已經有了強勁的表現，<strong>Sunmoon Food Company Limited</strong>（新交所代碼：AAJ）股票仍在繼續上漲，過去三十天上漲了 72%。回顧更長的時間，令人鼓舞的是，該股票在過去一年中上漲了 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>儘管價格有了明顯反彈，但可以説，Sunmoon Food 目前的市銷率（&#34;P/S&#34;）為 0.8 倍，相較於新加坡消費零售行業的中位數市銷率約為 0.4 倍，似乎仍然處於 “中等水平”。然而，如果沒有合理的基礎，投資者可能會忽視一個明顯的機會或潛在的挫折。</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>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><p>View our latest analysis for Sunmoon Food</p>
<div class="lb-trans"><p>查看我們對 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 市銷率與行業比較 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 的市銷率對股東意味着什麼？</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，這使得市銷率未能上升。看好 Sunmoon Food 的人希望情況並非如此，以便他們能夠以較低的估值買入該股票。</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>儘管沒有關於 Sunmoon Food 的分析師預測，但請查看這個 <strong>免費的</strong> 數據豐富的可視化，看看該公司在收益、收入和現金流方面的表現。</p>
</div><h2>Do Revenue Forecasts Match The P/S Ratio?</h2>
<div class="lb-trans"><h2>收入預測與市銷率是否匹配？</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>有一個內在的假設，即公司應與行業的市銷率相匹配，像 Sunmoon Food 這樣的市銷率才被認為是合理的。</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>回顧過去一年，該公司的收入增長了 25%。然而，與三年前相比，收入總共下降了 13%，這令人失望。因此，不幸的是，我們必須承認該公司在這段時間內未能有效地增長收入。</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>與行業相比，預計在接下來的 12 個月內將實現 11% 的增長，而該公司基於近期中期收入結果的下行趨勢則顯得令人沮喪。</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>根據這些信息，我們發現 Sunmoon Food 的市銷率與行業相當相似，這讓人感到擔憂。顯然，許多投資者對該公司的看法遠沒有近期的情況那麼悲觀，並且目前不願意拋售他們的股票。如果市銷率降至與近期負增長率更為一致的水平，現有股東很可能會面臨未來的失望。</p>
</div><h2>The Bottom Line On Sunmoon Food's P/S</h2>
<div class="lb-trans"><h2>Sunmoon Food 市銷率的底線</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>其股票大幅上漲，現在 Sunmoon Food 的市銷率已回到行業中位數的範圍內。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>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>我們發現，儘管在中期經歷了收入下降，Sunmoon Food 的市銷率與行業其他公司相當，這令人意外，而整個行業預計將實現增長。當我們看到收入在行業增長預測的背景下出現下滑時，預計未來股價可能會下跌，從而使適度的市銷率降低是合理的。除非近期中期的情況有所改善，否則預計該公司的股東將面臨艱難的時期並不為過。</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>還有其他重要的風險因素需要考慮，我們發現 <strong>Sunmoon Food 的 3 個警示信號</strong>（其中 2 個可能是嚴重的！）在您投資之前需要了解。</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>當然，<strong>有着良好盈利增長曆史的盈利公司通常是更安全的投資</strong>。因此，您可能希望查看這份 <strong>免費的</strong> 其他公司集合，這些公司擁有合理的市盈率並且盈利增長強勁。</p>
</div>

樂觀的投資者推動 Sunmoon Food Company Limited（SGX:AAJ）股價上漲 72%，但公司增長乏力