Is Now The Time To Put Galaxy Entertainment Group (HKG:27) On Your Watchlist?
Is Now The Time To Put Galaxy Entertainment Group (HKG:27) 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. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. 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.
投資者常常被髮掘「下一個大熱門」的想法所引導,即使這意味着買入沒有任何收入甚至沒有盈利的「故事股票」。有時這些故事會混淆投資者的思維,導致他們出於情感而非好公司基本面進行投資。虧損的公司總是在與時間賽跑,以達到財務可持續性,所以投資這些公司的投資者可能會承擔更多的風險。
Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Galaxy Entertainment Group (HKG:27). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it.
儘管生活在科技股藍天投資的時代,許多投資者仍然採用更傳統的策略;例如購買類似於銀河娛樂集團(HKG:27)這樣的盈利公司的股份。雖然利潤並不是投資時唯一應考慮的指標,但值得認識到那些能夠持續產生利潤的企業。
How Fast Is Galaxy Entertainment Group Growing Its Earnings Per Share?
銀河娛樂集團的每股收益增長有多快?
In business, profits are a key measure of success; and share prices tend to reflect earnings per share (EPS) performance. Which is why EPS growth is looked upon so favourably. Commendations have to be given in seeing that Galaxy Entertainment Group grew its EPS from HK$0.07 to HK$1.90, in one short year. Even though that growth rate may not be repeated, that looks like a breakout improvement. This could point to the business hitting a point of inflection.
在商業中,利潤是成功的關鍵衡量標準;而股價往往反映每股收益(EPS)的表現。這就是爲什麼EPS增長如此受歡迎。值得讚揚的是,銀河娛樂集團的EPS從0.07港元增長至1.90港元,在短短一年內。即使這種增長速度可能不會重複,那看起來像是突破性的改善。這可能意味着企業達到了一個拐點。
One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. The good news is that Galaxy Entertainment Group is growing revenues, and EBIT margins improved by 15.1 percentage points to 18%, over the last year. That's great to see, on both counts.
檢驗公司增長的一種方法是觀察其營業收入以及利息和稅前利潤(EBIT)利潤率的變化。好消息是,銀河娛樂集團的營業收入在過去一年有所增長,EBIT利潤率提高了15.1個百分點,達到18%。這兩方面的表現都令人欣慰。
In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers.
在下面的圖表中,您可以看到該公司隨着時間的推移如何增長收入和收益。單擊圖表以查看確切的數字。

Fortunately, we've got access to analyst forecasts of Galaxy Entertainment Group's future profits. You can do your own forecasts without looking, or you can take a peek at what the professionals are predicting.
幸運的是,我們可以訪問到分析師對銀河娛樂集團未來利潤的預測。您可以自行進行預測,也可以偷偷看看專業人士的預測。
Are Galaxy Entertainment Group Insiders Aligned With All Shareholders?
銀河娛樂集團內部人與所有股東一致嗎?
Owing to the size of Galaxy Entertainment Group, we wouldn't expect insiders to hold a significant proportion of the company. But we do take comfort from the fact that they are investors in the company. Notably, they have an enviable stake in the company, worth HK$8.3b. Holders should find this level of insider commitment quite encouraging, since it would ensure that the leaders of the company would also experience their success, or failure, with the stock.
考慮到銀河娛樂集團的規模,我們不會指望內部人持有公司的重要比例。但我們從他們是公司投資者這一事實中感到寬慰。值得注意的是,他們在公司擁有令人羨慕的股份,價值83億港元。持有者應該會對這種內部人的承諾程度感到鼓舞,因爲這將確保公司領導人也將與股票一同體驗他們的成功或失敗。
Should You Add Galaxy Entertainment Group To Your Watchlist?
您應該將銀河娛樂集團加入您的自選嗎?
Galaxy Entertainment Group's earnings per share growth have been climbing higher at an appreciable rate. This level of EPS growth does wonders for attracting investment, and the large insider investment in the company is just the cherry on top. The hope is, of course, that the strong growth marks a fundamental improvement in the business economics. So at the surface level, Galaxy Entertainment Group is worth putting on your watchlist; after all, shareholders do well when the market underestimates fast growing companies. While we've looked at the quality of the earnings, we haven't yet done any work to value the stock. So if you like to buy cheap, you may want to check if Galaxy Entertainment Group is trading on a high P/E or a low P/E, relative to its industry.
銀河娛樂集團的每股收益增長速度一直在以可觀的速度上升。這種EPS增長水平對於吸引投資起着重要作用,而公司內部人的大額投資只是錦上添花。希望當然是,強勁的增長標誌着企業經濟基本面的改善。因此,在表面上,銀河娛樂集團值得放在您的自選中;畢竟,當市場低估快速增長的公司時,股東表現得很好。雖然我們已經查看了收入的質量,但我們還沒有對股票進行任何估值工作。因此,如果您喜歡低價購買,您可能需要檢查一下銀河娛樂集團的市盈率相對於其行業是高還是低。
There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of Hong Kong companies which have demonstrated growth backed by significant insider holdings.
購買那些沒有增長利潤並且沒有內部人士購買股票的股票可能會表現得不錯。但是對於那些認爲這些是重要指標的人,我們建議您查看具備這些功能的公司。您可以查看一個經過定製的香港公司列表,這些公司擁有顯着的內部股權。
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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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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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。