<p><strong>美力時控股有限公司</strong> (HKG:1005) 的股票在過去一個月表現非常出色，漲幅達到 29%，而在此之前經歷了一段動盪期。不幸的是，上個月的漲幅對過去一年的損失幾乎沒有起到彌補作用，該股票在這一時期仍然下跌了 26%。</p>
<p>即使在如此大幅的價格上漲之後，您仍然可以對美力時的市銷率為 0.9 倍感到無所謂，因為香港休閒行業的中位市銷率（或稱&#34;P/S&#34;）也接近 0.7 倍。雖然這可能不會引起任何關注，但如果市銷率沒有合理的依據，投資者可能會錯過潛在的機會或忽視即將到來的失望。</p>
<p>特朗普承諾要&#34;釋放&#34;美國的石油和天然氣，這 15 只美國股票的發展將受益。</p>
<p>查看我們對美力時的最新分析</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 市銷率與行業比較 2025 年 10 月 8 日</p>
<h3>美力時最近的表現如何？</h3>
<p>舉個例子，美力時的收入在過去一年中有所下降，這並不是理想的情況。一個可能性是，市銷率適中是因為投資者認為該公司在不久的將來可能仍能與更廣泛的行業保持一致。如果不是，那麼現有股東可能會對股價的可持續性感到有些緊張。</p>
<p>儘管沒有關於美力時的分析師預測，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>收入增長指標對市銷率的啓示是什麼？</h2>
<p>有一個固有的假設，即公司應該與行業的市銷率相匹配，像美力時這樣的市銷率才被認為是合理的。</p>
<p>回顧一下，去年該公司的收入增長並不令人興奮，出現了令人失望的 13% 的下降。這意味着在長期內收入也出現了下滑，過去三年總收入下降了 57%。因此，可以公平地説，最近的收入增長對公司來説是不可取的。</p>
<p>與行業相比，行業預計在未來 12 個月內將實現 9.8% 的增長，而該公司基於最近的中期收入結果的下滑勢頭則顯得令人沮喪。</p>
<p>鑑於此，美力時的市銷率與大多數其他公司相當，這有些令人擔憂。顯然，許多投資者對該公司的看法遠沒有最近的情況那麼悲觀，並且目前不願意拋售他們的股票。只有最勇敢的人才會假設這些價格是可持續的，因為最近的收入趨勢的持續可能最終會對股價造成壓力。</p>
<h2>美力時的市銷率對投資者意味着什麼？</h2>
<p>其股票大幅上漲，現在美力時的市銷率回到了行業中位數的範圍內。通常情況下，我們會警告在做出投資決策時不要過於關注市銷率，儘管它可以揭示其他市場參與者對公司的看法。</p>
<p>美力時目前的市銷率與行業其他公司相當，這讓我們感到驚訝，因為其最近的收入在中期內一直在下降，而行業則預計將增長。儘管它與行業相匹配，但我們對當前的市銷率感到不安，因為這種糟糕的收入表現不太可能長期支持更積極的市場情緒。除非最近的中期情況有所改善，否則預計該公司的股東將面臨困難時期並不為過。</p>
<p>您應該始終考慮風險。舉個例子，我們發現了 <strong>美力時的 3 個警告信號</strong>，您應該注意，其中 2 個信號讓我們感到不安。</p>
<p>重要的是要 <strong>確保您尋找的是一家優秀的公司，而不僅僅是您遇到的第一個想法。</strong> 如果持續盈利能力符合您對優秀公司的定義，請查看這個 <strong>免費的</strong> 有趣公司列表，這些公司最近的收益增長強勁（且市盈率較低）。</p>

美力時

<p>美力時控股有限公司（HKG:1005）的股價最近上漲了 29%，儘管過去一年仍下跌了 26%。該公司的市銷率為 0.9 倍，略高於行業中位數的 0.7 倍，這引發了對潛在錯失機會或失望的擔憂。去年的收入下降了 13%，三年來下降了 57%，與行業預計的 9.8% 的增長形成對比。儘管最近股價上漲，分析師警告稱，考慮到公司糟糕的收入表現和潛在風險，目前的市銷率可能無法持續</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>美力時控股有限公司</strong> (HKG:1005) 的股票在過去一個月表現非常出色，漲幅達到 29%，而在此之前經歷了一段動盪期。不幸的是，上個月的漲幅對過去一年的損失幾乎沒有起到彌補作用，該股票在這一時期仍然下跌了 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>即使在如此大幅的價格上漲之後，您仍然可以對美力時的市銷率為 0.9 倍感到無所謂，因為香港休閒行業的中位市銷率（或稱&#34;P/S&#34;）也接近 0.7 倍。雖然這可能不會引起任何關注，但如果市銷率沒有合理的依據，投資者可能會錯過潛在的機會或忽視即將到來的失望。</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>特朗普承諾要&#34;釋放&#34;美國的石油和天然氣，這 15 只美國股票的發展將受益。</p>
</div><p>See our latest analysis for Matrix Holdings</p>
<div class="lb-trans"><p>查看我們對美力時的最新分析</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 市銷率與行業比較 2025 年 10 月 8 日</p>
</div><h3>How Has Matrix Holdings Performed Recently?</h3>
<div class="lb-trans"><h3>美力時最近的表現如何？</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>舉個例子，美力時的收入在過去一年中有所下降，這並不是理想的情況。一個可能性是，市銷率適中是因為投資者認為該公司在不久的將來可能仍能與更廣泛的行業保持一致。如果不是，那麼現有股東可能會對股價的可持續性感到有些緊張。</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>儘管沒有關於美力時的分析師預測，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>What Are Revenue Growth Metrics Telling Us About The P/S?</h2>
<div class="lb-trans"><h2>收入增長指標對市銷率的啓示是什麼？</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>有一個固有的假設，即公司應該與行業的市銷率相匹配，像美力時這樣的市銷率才被認為是合理的。</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>回顧一下，去年該公司的收入增長並不令人興奮，出現了令人失望的 13% 的下降。這意味着在長期內收入也出現了下滑，過去三年總收入下降了 57%。因此，可以公平地説，最近的收入增長對公司來説是不可取的。</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>與行業相比，行業預計在未來 12 個月內將實現 9.8% 的增長，而該公司基於最近的中期收入結果的下滑勢頭則顯得令人沮喪。</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>鑑於此，美力時的市銷率與大多數其他公司相當，這有些令人擔憂。顯然，許多投資者對該公司的看法遠沒有最近的情況那麼悲觀，並且目前不願意拋售他們的股票。只有最勇敢的人才會假設這些價格是可持續的，因為最近的收入趨勢的持續可能最終會對股價造成壓力。</p>
</div><h2>What Does Matrix Holdings' P/S Mean For Investors?</h2>
<div class="lb-trans"><h2>美力時的市銷率對投資者意味着什麼？</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>其股票大幅上漲，現在美力時的市銷率回到了行業中位數的範圍內。通常情況下，我們會警告在做出投資決策時不要過於關注市銷率，儘管它可以揭示其他市場參與者對公司的看法。</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>美力時目前的市銷率與行業其他公司相當，這讓我們感到驚訝，因為其最近的收入在中期內一直在下降，而行業則預計將增長。儘管它與行業相匹配，但我們對當前的市銷率感到不安，因為這種糟糕的收入表現不太可能長期支持更積極的市場情緒。除非最近的中期情況有所改善，否則預計該公司的股東將面臨困難時期並不為過。</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>您應該始終考慮風險。舉個例子，我們發現了 <strong>美力時的 3 個警告信號</strong>，您應該注意，其中 2 個信號讓我們感到不安。</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>確保您尋找的是一家優秀的公司，而不僅僅是您遇到的第一個想法。</strong> 如果持續盈利能力符合您對優秀公司的定義，請查看這個 <strong>免費的</strong> 有趣公司列表，這些公司最近的收益增長強勁（且市盈率較低）。</p>
</div>

美力時控股有限公司（HKG:1005）股價飆升 29%，因為投資者的悲觀情緒沒有預期的那麼嚴重