Is Now The Time To Put Singapore Airlines (SGX:C6L) On Your Watchlist?
Is Now The Time To Put Singapore Airlines (SGX:C6L) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should.
即便這意味着購買沒有任何營業收入,更不用說盈利的故事股票,投資者通常會被發現「下一個大事物」的想法所引導。但事實上,當一家公司連續多年虧損時,其投資者通常會分擔這些損失。虧損的公司總是在向時間賽跑,以達到金融可持續性,因此這些公司的投資者可能承擔了比他們應該承擔的風險。
If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Singapore Airlines (SGX:C6L). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Singapore Airlines with the means to add long-term value to shareholders.
如果這種公司不是你鍾愛的風格,你喜歡能夠創造營業收入甚至盈利的企業,那麼你可能會對新加坡航空公司(SGX:C6L)感興趣。即使這家公司市場上的估值是公允的,投資者也會認爲持續盈利將繼續爲新加坡航空公司提供增加股東長期價值的手段。
Singapore Airlines' Improving Profits
新加坡航空公司的盈利正在改善
Over the last three years, Singapore Airlines has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. Thus, it makes sense to focus on more recent growth rates, instead. Outstandingly, Singapore Airlines' EPS shot from S$0.36 to S$0.75, over the last year. It's not often a company can achieve year-on-year growth of 111%.
在過去三年中,新加坡航空公司的每股收益(EPS)從一個相對較低的水平增長了令人矚目的速度,這導致了一個並不特別表明預期未來業績的三年百分比增長率。因此,聚焦於更近期的增長率是有意義的。非常出色的是,新加坡航空公司的EPS在過去一年中從0.36新元升至0.75新元。公司難得能夠實現年度增長111%。
Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. Singapore Airlines maintained stable EBIT margins over the last year, all while growing revenue 7.0% to S$19b. That's progress.
仔細考慮營業收入增長和利息和稅前利潤(EBIT)利潤率可以幫助了解最近盈利增長的可持續性。新加坡航空公司在過去一年中保持了穩定的EBIT利潤率,並在實現營業收入增長7.0%至190新元。這是進步。
You can take a look at the company's revenue and earnings growth trend, in the chart below. For finer detail, click on the image.
你可以在下面的圖表中查看公司的營收和盈利增長趨勢。如需了解更詳細信息,請單擊圖像。
![big](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240821/0-92b7439d27d6125ff169d3b909cb71d2-0-ce5fd52dbe3d1cad76386a79bd27abd0.png/big)
While we live in the present moment, there's little doubt that the future matters most in the investment decision process. So why not check this interactive chart depicting future EPS estimates, for Singapore Airlines?
儘管我們生活在當下,但毫無疑問未來最爲重要,特別是在投資決策過程中。那麼,不如來看看這張展示新加坡航空公司未來每股收益預估的互動圖表吧?
Are Singapore Airlines Insiders Aligned With All Shareholders?
新加坡航空公司內部持股者是否與所有股東保持一致?
We would not expect to see insiders owning a large percentage of a S$22b company like Singapore Airlines. But we do take comfort from the fact that they are investors in the company. Indeed, they hold S$48m worth of its stock. That's a lot of money, and no small incentive to work hard. Despite being just 0.2% of the company, the value of that investment is enough to show insiders have plenty riding on the venture.
我們不希望看到內部持股人佔據像新加坡航空公司這樣市值220億新元的公司的大部分股份。但我們確實放心他們是該公司的投資者。實際上,他們持有價值4800萬元的股票。這是一筆很大的錢,也是奮鬥的巨大激勵。儘管只佔公司的0.2%,但該投資的價值足以表明內部持股人在這個創業公司上有很多利益。
Should You Add Singapore Airlines To Your Watchlist?
你應該將新加坡航空公司加入自選嗎?
Singapore Airlines' earnings per share growth have been climbing higher at an appreciable rate. That sort of growth is nothing short of eye-catching, and the large investment held by insiders should certainly brighten the view of the company. The hope is, of course, that the strong growth marks a fundamental improvement in the business economics. Based on the sum of its parts, we definitely think its worth watching Singapore Airlines very closely. However, before you get too excited we've discovered 2 warning signs for Singapore Airlines (1 is significant!) that you should be aware of.
新加坡航空公司的每股收益增長正在以可觀的速度攀升。這種增長的眼球吸引力不亞於,內部持股者持有大量投資也應該讓人看好公司。當然,希望是這種強勁的增長標誌着一種基本的業務經濟改善。基於分析組合,我們認爲非常值得密切關注新加坡航空公司。不過,在你激動之前,我們已經找到了新加坡航空公司的兩個警示信號(1個非常重要!),你應該意識到這一點。
While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in SG with promising growth potential and insider confidence.
儘管選擇沒有增長收益和缺乏內部買入的股票可以產生效果,但對於重視這些關鍵指標的投資者,這裏有一份經過慎重挑選的、擁有有前途的業務增長潛力和內部投資者信心公司的新加坡股票列表。
Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction.
請注意,本文討論的內部交易是指在相關司法管轄區中報告的交易。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。