ÿ¹ÉÊÕÒæºÍ¹ÉƱ±¨³êÂÊ£¨¹ÉƱµÄ±¨³êÂʼÆË㹫ʽ£©
1¡¢Ã¿¹ÉÊÕÒæÓë¹É¼ÛµÄ¹ØÏµ£¿
£¬Ã¿¹ÉÊÕÒæ×öµ½0.5Ôª£¬±ã¿ÉÖ§³Å15Ôª¡ª¡ª20ÔªµÄ¹É¼Û£¬Õâ¸öÊDz»¶ÔµÄ
¶Ô³É³¤ÐԺܺõÄÐÐÒµ»òÐí¿ÉÒÔ£¬Ò»°ãµÄÐÐÒµ¿ÉÖ§³Å10Ôª×óÓҵĹɼÛËã²»´íÁË
£¬¹ØÓÚ¸ðÖÞ°ÓµÄÎÊÌâ
¡°
Öйú¸ðÖÞ°Ó¼¯ÍŹɷÝÓÐÏÞ¹«Ë¾(ϳƸðÖÞ°Ó£¬600068)·¢²¼2010ÄêÉϰëÄêÒµ
¼¨£¬ÊµÏÖÊÕÈë163.3ÒÚÔª£¬Í¬±ÈÔö³¤38.8%£»¹éÊôĸ¹«Ë¾¹É¶«¾»ÀûÈó6.9ÒÚÔª£¬¶Ô
Ӧÿ¹ÉÊÕÒæ0.20Ôª£¬Í¬±ÈÔö³¤16.7%£¬ÂÔµÍÓÚÎÒÃÇÔ¤ÆÚ5%¡£
ÎÒÃÇά³Ö¸ðÖÞ°ÓÈ«ÄêÓ¯ÀûÔ¤²â²»±ä£¬2010£2011Äê¹éÊôĸ¹«Ë¾¾»ÀûÈó·Ö±ð
Ϊ16.7ÒÚÔªºÍ20.2ÒÚÔª£¬¶ÔӦÿ¹ÉÊÕÒæ·Ö±ðΪ0.48ÔªºÍ0.58Ôª£¬·Ö±ðͬ±ÈÔö³¤
26.1%ºÍ21.5%¡£
¡±
²»Äܵ¥¿´ÏÖÔÚÓжàÉÙÒµ¼¨£¬Ó¦¸Ã¿´¿´È¥ÄêµÄÒµ¼¨£¬È»ºó¿´¿´ËûµÄÒµ¼¨ÊDz»ÊÇÿ¸ö¼¾¶Èƽ¾ùµÄ»¹ÊÇÓÐʱºòÓÐÌØ±ð¶àÉÙµãµÄ
¸ù¾Ý·ÖÎö£¬ÔÚÕâ¸öλÖøðÖްӵļ۸ñÖ»ÄÜ˵ÊǺÏÀíµÄ
2¡¢¹É±¾ÊÕÒæÂÊ ºÍ ÿ¹ÉÊÕÒæÊ²Ã´Çø±ð?
¹É±¾ÊÕÒæÂÊ
:
¹É±¾ÊÕÒæÂÊ=¾»ÊÕÒæ/(ÆÚ³õ×ʱ¾+ÆÚÄ©×ʱ¾)/2
µ±Ò»¼Ò¹«Ë¾È¡µÃ½Ï¸ßˮƽµÄ¹É±¾ÊÕÒæÂÊʱ£¬±íÃ÷ËüÔÚÔËÓùɶ«ÃÇÌṩµÄ×ʲúʱ¸»ÓÐЧÂÊ¡££¬¹«Ë¾¾Í»áÒԽϸߵÄËÙ¶ÈÌá¸ß¹É±¾¼ÛÖµ£¬ÓÉ´ËҲʹ¹É¼ÛµÃµ½ÏàÓ¦µÄÌáÉý¡£
ÿ¹ÉÊÕÒæ
ÿ¹ÉÊÕÒæ¼´EPS£¬ÓÖ³ÆÃ¿¹É˰ºóÀûÈó¡¢Ã¿¹ÉÓ¯Óָ࣬˰ºóÀûÈóÓë¹É±¾×ÜÊýµÄ±ÈÂÊ¡£ËüÊDzⶨ¹ÉƱͶ×ʼÛÖµµÄÖØÒªÖ¸±êÖ®Ò»£¬ÊÇ·ÖÎöÿ¹É¼ÛÖµµÄÒ»¸ö»ù´¡ÐÔÖ¸±ê£¬ÊÇ×ۺϷ´Ó³¹«Ë¾»ñÀûÄÜÁ¦µÄÖØÒªÖ¸±ê£¬ËüÊǹ«Ë¾Ä³Ò»Ê±ÆÚ¾»ÊÕÒæÓë¹É·ÝÊýµÄ±ÈÂÊ¡£¸Ã±ÈÂÊ·´Ó³ÁËÿ¹É´´ÔìµÄ˰ºóÀûÈó,
±ÈÂÊÔ½¸ß,
±íÃ÷Ëù´´ÔìµÄÀûÈóÔ½¶à¡£
Èô¹«Ë¾Ö»ÓÐÆÕͨ¹Éʱ£¬¾»ÊÕÒæÊÇ˰ºó¾»Àû£¬¹É·ÝÊýÊÇÖ¸Á÷ͨÔÚÍâµÄÆÕͨ¹É¹ÉÊý¡£Èç¹û¹«Ë¾»¹ÓÐÓÅÏȹɣ¬Ó¦´***°ºó¾»ÀûÖп۳ý·ÖÅɸøÓÅÏȹɶ«µÄÀûÏ¢¡£
ÿ¹ÉÊÕÒæ=ÀûÈó/×ܹÉÊý
3¡¢¹É±¾ÊÕÒæÂÊ ºÍ ÿ¹ÉÊÕÒæÊ²Ã´Çø±ð£¿
1¡¢ÐÔÖʲ»Í¬
µ±Ò»¼Ò¹«Ë¾È¡µÃ½Ï¸ßˮƽµÄ¹É±¾ÊÕÒæÂÊʱ£¬±íÃ÷ËüÔÚÔËÓùɶ«ÃÇÌṩµÄ×ʲúʱ¸»ÓÐЧÂÊ¡££¬¹«Ë¾¾Í»áÒԽϸߵÄËÙ¶ÈÌá¸ß¹É±¾¼ÛÖµ£¬ÓÉ´ËҲʹ¹É¼ÛµÃµ½ÏàÓ¦µÄÌáÉý¡£
ÿ¹ÉÊÕÒæ¼´Ã¿¹ÉÓ¯Àû£¬Ö¸Ë°ºóÀûÈóÓë¹É±¾×ÜÊýµÄ±ÈÂÊ¡£ÊÇÆÕͨ¹É¹É¶«Ã¿³ÖÓÐÒ»¹ÉËùÄÜÏíÓÐµÄÆóÒµ¾»ÀûÈó»òÐè³Ðµ£µÄÆóÒµ¾»¿÷Ëð¡£
ÿ¹ÉÊÕÒæÍ¨³£±»ÓÃÀ´·´Ó³ÆóÒµµÄ¾Óª³É¹û£¬ºâÁ¿ÆÕͨ¹ÉµÄ»ñÀûˮƽ¼°Í¶×Ê·çÏÕ£¬ÊÇͶ×ÊÕßµÈÐÅϢʹÓÃÕß¾ÝÒÔÆÀ¼ÛÆóÒµÓ¯ÀûÄÜÁ¦¡¢Ô¤²âÆóÒµ³É³¤Ç±Á¦¡¢½ø¶ø×ö³öÏà¹Ø¾¼Ã¾ö²ßµÄÖØÒªµÄ²ÆÎñÖ¸±êÖ®Ò»¡£
2¡¢¼ÆËã·½·¨²»Í¬
¹ÉÀûÊÕÒæÂÊ=ÆÕͨ¹Éÿ¹ÉÏÖ½ð¹ÉÀû/ÆÕͨ¹Éÿ¹ÉÊÕÒæ¶î¡£¹ÉÀûÊÕÒæÂÊÊÇ·´Ó³¹«Ë¾µÄ¹ÉÀûÕþ²ßµÄÖ¸±ê£¬±íʾ¹«Ë¾·ÖÅɵĹÉÀûÔÚ¾»ÊÕÒæÖÐËùÕ¼µÄ±ÈÖØ¡£
»ù±¾Ã¿¹ÉÊÕÒæµÄ¼ÆË㹫ʽÈçÏ»ù±¾Ã¿¹ÉÊÕÒæ=¹éÊôÓÚÆÕͨ¹É¹É¶«µÄµ±ÆÚ¾»ÀûÈó/µ±ÆÚ·¢ÐÐÔÚÍâÆÕͨ¹ÉµÄ¼ÓȨƽ¾ùÊý¡£
´«Í³µÄÿ¹ÉÊÕÒæÖ¸±ê¼ÆË㹫ʽΪÿ¹ÉÊÕÒæ=£¨±¾ÆÚëÀûÈó- ÓÅÏȹɹÉÀû£©/ÆÚÄ©×ܹɱ¾£¬²¢²»ÊÇÿ¹ÉÓ¯ÀûÔ½¸ßÔ½ºÃ£¬ÒòΪÿ¹ÉÓйɼۡ£
3¡¢ÆÚÏÞ²»Í¬
ÿ¹ÉÊÕÒæÊǵ±ÆÚµÄ£¬¼¾±¨¾ÍÊǵ±¼¾µÄÊÕÒæÇé¿ö£»»ù±¾Ã¿¹ÉÊÕÒæÊÇÀÛ»ýÊÕÒæÇé¿ö¡£µÚÒ»¼¾¶Èÿ¹ÉÊÕÒæ=»ù±¾Ã¿¹ÉÊÕÒæ¡£µÚ¶þ¼¾¶È»ù±¾Ã¿¹ÉÊÕÒæ=µÚÒ»¼¾¶Èÿ¹ÉÊÕÒæ+µÚ¶þ¼¾¶Èÿ¹ÉÊÕÒæ¡£
²Î¿¼×ÊÁÏ
°Ù¶È°Ù¿Æ-¹É±¾ÊÕÒæÂÊ
°Ù¶È°Ù¿Æ-ÿ¹ÉÊÕÒæ
4¡¢Ã¿¹ÉÊÕÒæ³ýÒԹɼ۵ÈÓÚͶ×ʻر¨ÂÊ
¹É¼Û³ýÒÔÿ¹ÉÊÕÒæµÈÓÚÊÐÓ¯ÂÊ
ÊÐÓ¯ÂÊ£¨Price-to-Earnings Ratio£¬ËõдP/E»òPER£©µÈÓÚ¹ÉÆ±¼Û¸ñ³ýÒÔÿ¹ÉÊÕÒæ£¬¼´ÊмÛÓ¯Àû±ÈÂÊ
Ͷ×ʻر¨ÂÊ£¨ROI¡£return on investment£©£¬ÊÇÖ¸´ï²úÆÚÕý³£Äê¶ÈÀûÈó»òÄê¾ùÀûÈóռͶ×Ê×ܶîµÄ°Ù·Ö±È¡£Æä¼ÆË㹫ʽΪͶ×ʻر¨ÂÊ£¨ROI£©=ÄêÀûÈó»òÄê¾ùÀûÈó/Ͷ×Ê×ܶî¡Á100%
5¡¢¹ØÓÚ¡°³É±¾ÊÕÒæÂÊºÜ¸ßµÄ¹ÉÆ±¡±
Óà¶î±¦£¬Àí²ÆÍ¨
6¡¢²ÆÎñ¹ÜÀí Ô¤ÆÚ±¨³êÂʼÆË㹫ʽ
¸Ã¹ÉƱµÄÔ¤ÆÚ±¨³êÂÊΪ=5(1+5%)/100+5%=10.25%
7¡¢Ê²Ã´¹ÉƱÄêÊÕÒæÂʸßÓÚÒøÐÐ
ĿǰÀ´¿´£¬³ýÌØÊâ´¦ÀíÍ£ÅÆµÄ¹ÉƱÍ⣬¿ÉÒԿ϶¨¹ÉƱÊÕÒæÂʾø¶Ô¸ßÓÚÒøÐУ¬µ«ÕâÒª¿´ÄãÈçºÎ²Ù×÷ÁË£¬Èç¹û²Ù×÷·½·¨ÕýÈ·£¬ÂòÔڹɼÛÏà¶ÔµÍλʱ£¬³ÖÓÐÒ»¶¨Ê±¼ä£¬²¢ÔڹɼÛÏà¶Ô¸ßλʱÂô³ö£¬¼¸ºõÿ֧¹ÉƱÊÕÒæÂʶ¼¸ßÓÚÒøÐС£¸ßÊÕÒæ£¬Ò²´æÔڸ߷çÏÕ¡££¨ÈëÊÐÓзçÏÕ£¬½¨Òé½ö¹©²Î¿¼£©
¶ÌÏßÑ¡¹É
- »ªÉÌÊ¢ÊÀ³É³¤»ù½ð·Öºì£¨»ªÉÌÊ¢ÊÀ½ñÈÕ¹ÀÖµ£©
- Èý¼¾¶È×ʱ¾Á÷³öѹÁ¦»º½â Íâ×ʾ»ÂòÈë¹ÉÕ®³¬400ÒÚÃÀÔª
- ¹ÉÊд´Òµ°åÖ¸Êý´úÂ루ÖÐС°åÖ¸Êý£©
- ¶«½»·±£ÓжàÉÙ·Ö¹«Ë¾£¨ºþ±±¶«½»·±££©
- ݼӢʱ´ú»ù½ð³Âºê³¬£º½á¹¹ÐÔÂýÅ£ Ã÷ÄêA¹ÉÐÐÇéӦΪÎÈÖÐÓÐÉý
- ÉêÍòÁâÐÅÖÐÖ¤¾ü¹¤Ö¸Êý·Ö¼¶Ö¤È¯Í¶×Ê163115£¨¾ü¹¤ÖÐÖ¤»ù½ð¾»Öµ²éѯ
- Æóҵծȯ²éѯ£¨ÄÄÀï¿ÉÒÔ²éծȯÐÅÏ¢£©
- ¶«·½²Æ¸»Ä¬ÈÏÓ¶½ð£¨¶«·½²Æ¸»Ôõô½µÓ¶½ð£©
- »ªÃÀÒøÐÐÃÀ¹ÉÊÕÈë½ðûÎÊÌâ°É£¨Å©ÒµÒøÐÐ¹ÉÆ±£©
- Öм¼¿Ø¹É£¨600634ÖØ×飩
- ɯÆÕ°®Ë¼Ñ©Çò£¨É¯ÆÕ°®Ë¼×îÐÂÏûÏ¢£©
- оƬ¸ÅÄîÅÅÐаñ-оƬ¸ÅÄîÏÆÕÇÍ£³±£¡
- 002600¹É°É¶«·½²Æ¸»Íø£¨300572°²³µ¼ì²â¹É°É£©
- ÒøÐÐÀí²Æ30ÍòÆð²½°²È«Âð£¨ÒøÐÐÀí²Æ²úÆ·ÊÇʲô£©
- ÈçºÎ½â¾öÊÕ¹º×ʽð£¨ÈçºÎ½â¾öÊÕ¹º×ʽðÎÊÌ⣩
- ²©Ê±»ù½ð¾ÀíÍõ¹Ú£¨²©Ê±Ö÷Ìâ»ù½ðµÄ¼ÛÖµ£©