Shanghai Jin Jiang Capital Co Ltd
HKEX:2006
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P/S
Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.
Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.
Valuation Scenarios
If P/S returns to its 3-Year Average (1), the stock would be worth HK$3.22 (4% upside from current price).
| Scenario | P/S Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 1 | HK$3.09 |
0%
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| 3-Year Average | 1 | HK$3.22 |
+4%
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| 5-Year Average | 1 | HK$3.18 |
+3%
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| Industry Average | 2.5 | HK$8.04 |
+160%
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| Country Average | 2.8 | HK$8.95 |
+189%
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Forward P/S
Today’s price vs future revenue
| Today's Market Cap | Revenue | Forward P/S | ||
|---|---|---|---|---|
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HK$17.2B
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/ |
Jan 2022
¥15.9B
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= |
|
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HK$17.2B
|
/ |
Dec 2022
¥2.8B
|
= |
|
|
HK$17.2B
|
/ |
Dec 2023
¥2.7B
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= |
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Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.
Peer Comparison
| Market Cap | P/S | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
S
|
Shanghai Jin Jiang Capital Co Ltd
HKEX:2006
|
17.2B HKD | 1 | 1 824.7 | |
| CN |
H
|
H World Group Ltd
BMV:HTHTN
|
2.7T MXN | 41.5 | 206.7 | |
| US |
|
Booking Holdings Inc
NASDAQ:BKNG
|
131.3B USD | 4.8 | 21.6 | |
| US |
|
Marriott International Inc
NASDAQ:MAR
|
96.2B USD | 3.7 | 37 | |
| US |
|
Airbnb Inc
NASDAQ:ABNB
|
85.8B USD | 7.1 | 34.6 | |
| US |
|
Hilton Worldwide Holdings Inc
NYSE:HLT
|
74.7B USD | 6.2 | 51.3 | |
| US |
|
Royal Caribbean Cruises Ltd
NYSE:RCL
|
71.3B USD | 4 | 16.7 | |
| US |
|
Carnival Corp
NYSE:CCL
|
36.7B USD | 1.4 | 11.9 | |
| US |
V
|
Viking Holdings Ltd
NYSE:VIK
|
36.5B USD | 0 | 0 | |
| UK |
|
Carnival PLC
LSE:CCL
|
25.8B GBP | 1.3 | 12.2 | |
| CN |
|
Trip.com Group Ltd
HKEX:9961
|
273.1B HKD | 3.8 | 7.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.5 |
| Median | 2.8 |
| 70th Percentile | 5.4 |
| Max | 5 034 353.9 |
Other Multiples
Shanghai Jin Jiang Capital Co Ltd
Glance View
Shanghai Jin Jiang Capital Co., Ltd. strides forward from its roots that trace back to being a stalwart in the hospitality industry, encapsulating a legacy of elegance, history, and strategic acumen. As a subsidiary of Jin Jiang International Holdings, the company is deeply entrenched in the operational finesse of managing and franchising a diverse portfolio of hotels around the globe, cementing its place as one of Asia's most formidable contenders in the hospitality sector. This robust network is not merely about lodging services; it thrives on offering an immersive and diversified experience that caters to business and leisure travelers alike. By strategically positioning its hotels in key urban landscapes and nurturing partnerships with well-regarded international hotel chains, Jin Jiang Capital ensures a consistent occupancy rate and robust revenue stream, primarily derived from room rentals, food and beverage services, and ancillary hospitality services. However, Jin Jiang Capital's narrative goes beyond traditional hotel management and exploits synergies across its vast business landscape. It invests heavily in technology integration and sophisticated asset management, harnessing data analytics to optimize operations and enhance guest experiences, ultimately fostering customer loyalty and creating value. Diversification remains a core tenet of its strategy, driving incremental revenue through investments in related sectors such as logistics, tourism, and travel services. By continually expanding its geographical footprint and embracing a multi-brand strategy that resonates with a wide spectrum of market segments, Jin Jiang Capital navigates the competitive tides skillfully, bolstering its financial footing and reinforcing its stature as a global hospitality leader.