{"F": {"ts_code": "US.CPHC", "name": "坎特伯雷帕克控股", "mkt": "US", "ccy": "美元", "sw1": "度假村与赌场", "sw2": "度假村与赌场", "sw3": "", "ind": "度假村与赌场", "fin_source": "futu", "market": "NASDAQ", "list_date": null, "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": false, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 15.96, "pe_ttm": 665.0, "pb": 0.984, "dv_ttm": 1.75, "total_mv": 8272.696823999999, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [79.8], "rev_series": [0.6], "np_series": [-0.0], "roe_series": [-0.6], "rev_ttm": 0.6, "np_ttm": 0.0, "ocf_ttm": 0.1, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": 10.4, "gm_median": 79.8, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": -0.9, "roe_median": -0.6, "commodity": false, "hard_ratio": 39.5, "fix_assets": 0.4, "hard_note": "PP&E 毛额 × 0.5 近似净额", "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 0.1, "debt_ratio": 25.5, "debt_mv": null, "payout": 1164.0, "div_years": 1, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": -3.2, "np_yoy": -125.1, "np_vol": null, "loss_years": 0, "far_share": 99.0, "earn_yield": 0.2, "consensus_n": 0, "fwd_pe": null, "fwd_pe2": null, "fwd_g1": null, "fwd_g2": null, "peg": null, "consensus_disp": null, "mainbz": [], "ret_prev_year": null, "ret_prev2_year": null, "ret_pivot": null, "prev_year": "", "prev2_year": "", "ret_ytd": 4.6, "ret_20": 2.7, "ret_60": 1.6, "ret_120": 2.5, "ret_250": -1.8, "mdd_250": null, "vol_250": null, "pos_52w": 93.0, "eps": -0.1}, "S": {"duration": 100, "pricing": 72, "hard": 63, "bondness": 58}, "label": "中性", "tags": [], "text": {"像什么": ["PE 665.0 倍、股息率 1.8%、毛利率最新年报 79.8%、固定资产占比 40%、资产负债率 26%:四轴都不突出。"], "为什么(不)算钱的替代品": "硬资产占比 40%、毛利率 79.8% 两条都占,但所在行业(度假村与赌场)不在硬资产名单里(医药/科技的固定资产是产能不是储量),按主标签看。", "加息期怎么走": "按行业与估值常规看,没有明确的利率方向性。", "四问": [["当前 FCF 能覆盖多少市值?", "经营现金流/市值 10.4%(futu 无资本开支,FCF 按经营现金流 × 0.7 近似)。覆盖高。"], ["能否每年提价而不掉量?", "毛利率最新年报 79.8%。能。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 40%。涨。"], ["估值里多少来自 5 年后的故事?", "按 PE 665.0 倍 粗算,约 99%(1 − 5/PE)。>70%,把 5 年后的假设砍一半,这个股票值多少钱?"]], "价格行为": "近一年 -2%,现价在 52 周高点的 93%;近 20 / 60 / 120 日 3% / 2% / 2%。", "行业对照": ["同富途行业「度假村与赌场」17 家中位:PE 20.2 / 股息率 0.0% / 毛利率 49.6% / 固定资产占比 49% / 分红率 22%。", "坎特伯雷帕克控股:PE 比行业中位高 644.8倍;股息率 比行业中位高 1.8个百分点;毛利率 比行业中位高 30.2个百分点;固定资产占比 比行业中位低 9.6个百分点。"]}}