{"id":587152,"date":"2025-08-10T22:23:30","date_gmt":"2025-08-11T05:23:30","guid":{"rendered":"https:\/\/nai500.com\/?p=587152"},"modified":"2025-08-10T22:23:30","modified_gmt":"2025-08-11T05:23:30","slug":"%e5%8a%a0%e6%8b%bf%e5%a4%a7%e9%98%b2%e5%be%a1%e8%82%a1%e7%a5%a8%e7%bb%88%e6%9e%81%e5%af%b9%e5%86%b3%ef%bc%9a%e5%ba%9f%e7%89%a9%e7%ae%a1%e7%90%86%e5%b7%a8%e5%a4%b4vs%e6%8a%98%e6%89%a3%e9%9b%b6%e5%94%ae","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2025\/08\/%e5%8a%a0%e6%8b%bf%e5%a4%a7%e9%98%b2%e5%be%a1%e8%82%a1%e7%a5%a8%e7%bb%88%e6%9e%81%e5%af%b9%e5%86%b3%ef%bc%9a%e5%ba%9f%e7%89%a9%e7%ae%a1%e7%90%86%e5%b7%a8%e5%a4%b4vs%e6%8a%98%e6%89%a3%e9%9b%b6%e5%94%ae\/","title":{"rendered":"\u52a0\u62ff\u5927\u9632\u5fa1\u80a1\u7968\u7ec8\u6781\u5bf9\u51b3\uff1a\u5e9f\u7269\u7ba1\u7406\u5de8\u5934VS\u6298\u6263\u96f6\u552e\u9f99\u5934"},"content":{"rendered":"<p>\u5728\u4e0d\u786e\u5b9a\u7684\u5e02\u573a\u73af\u5883\u4e2d\uff0c\u63d0\u4f9b\u5fc5\u9700\u4ea7\u54c1\u6216\u670d\u52a1\u7684\u9632\u5fa1\u578b\u516c\u53f8\u5f80\u5f80\u80fd\u63d0\u4f9b\u7a33\u5b9a\u7684\u8d22\u52a1\u8868\u73b0\u548c\u53ef\u9760\u7684\u56de\u62a5\u3002\u672c\u6587\u5bf9\u6bd4\u5206\u6790\u52a0\u62ff\u5927\u4e24\u5bb6\u9632\u5fa1\u578b\u516c\u53f8\u2014\u2014\u5e9f\u7269\u7ba1\u7406\u516c\u53f8Waste Connections\u4e0e\u6298\u6263\u96f6\u552e\u5546Dollarama\u7684\u8d22\u52a1\u8868\u73b0\u53ca\u589e\u957f\u524d\u666f\uff0c\u63a2\u5bfb\u66f4\u4f73\u7684\u6295\u8d44\u9009\u62e9\u3002<\/p>\n<h2>\u516c\u53f8\u57fa\u672c\u9762\u5bf9\u6bd4<\/h2>\n<p><strong><a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=WCN%3ACA\">Waste Connections (TSX:WCN) <\/a><\/strong>\u4e13\u6ce8\u4e8e\u5317\u7f8e\u975e\u5371\u9669\u56fa\u4f53\u5e9f\u7269\u7684\u6536\u96c6\u3001\u8f6c\u8fd0\u548c\u5904\u7f6e\uff0c\u5728\u7f8e\u56fd\u548c\u52a0\u62ff\u5927\u7684\u72ec\u5bb6\u53ca\u6b21\u8981\u5e02\u573a\u4e0a\u8fd0\u8425\uff0c\u7ade\u4e89\u538b\u529b\u5c0f\u4e14\u5229\u6da6\u7387\u8f83\u9ad8\u3002\u516c\u53f8\u901a\u8fc7\u5185\u751f\u589e\u957f\u548c\u79ef\u6781\u6536\u8d2d\u7b56\u7565\u5b9e\u73b0\u6269\u5f20\uff0c2020\u5e74\u4ee5\u6765\u5df2\u65a5\u8d44\u8d8565\u4ebf\u52a0\u5143\u5b8c\u6210\u903e110\u5b97\u6536\u8d2d\u3002\u8fc7\u53bb\u5341\u5e74\u80a1\u4e1c\u603b\u56de\u62a5\u7387\u8fbe465%\uff08\u5e74\u531618.9%\uff09\u3002\u5f53\u524d\u4f30\u503c\uff1a\u672a\u676512\u4e2a\u6708\u5e02\u9500\u73874.9\u500d\uff0c\u5e02\u76c8\u738734.8\u500d\u3002<\/p>\n<p><strong>Dollarama (TSX:DOL)<\/strong> \u662f\u52a0\u62ff\u5927\u6298\u6263\u96f6\u552e\u9f99\u5934\uff0c\u5168\u56fd\u95e8\u5e971,638\u5bb6\u3002\u51ed\u501f\u9ad8\u6548\u7684\u76f4\u63a5\u91c7\u8d2d\u6a21\u5f0f\u4e0e\u7269\u6d41\u4f53\u7cfb\uff0c\u6301\u7eed\u5b9e\u73b0\u540c\u5e97\u9500\u552e\u589e\u957f\u3002\u95e8\u5e97\u6570\u91cf\u4ece2011\u8d22\u5e74\u7684652\u5bb6\u6269\u5f20\u81f32026\u8d22\u5e74\u672b1,638\u5bb6\uff0c\u63a8\u52a8\u8425\u6536\u5e74\u5316\u589e\u957f11.4%\u3002\u540c\u671f\u51c0\u5229\u6da6\u590d\u5408\u5e74\u589e\u957f\u7387\u8fbe17.9%\uff0cEBITDA\u5229\u6da6\u7387\u7ffb\u500d\u81f3\u8d8533%\u3002\u8fc7\u53bb\u5341\u5e74\u80a1\u4e1c\u603b\u56de\u62a5\u7387670%\uff08\u5e74\u531622.7%\uff09\u3002\u5f53\u524d\u4f30\u503c\uff1a\u672a\u676512\u4e2a\u6708\u5e02\u9500\u73877.7\u500d\uff0c\u5e02\u76c8\u738741.2\u500d\u3002<\/p>\n<h2>\u589e\u957f\u5f15\u64ce\u89e3\u6790<\/h2>\n<p>Waste Connections\u901a\u8fc7\u4e09\u65b9\u9762\u9a71\u52a8\u589e\u957f\uff1a\u9996\u5148\uff0c\u516c\u53f8\u6b63\u5728\u5efa\u8bbe12\u4e2a\u53ef\u518d\u751f\u5929\u7136\u6c14\u8bbe\u65bd\uff0c\u9884\u8ba1\u660e\u5e74\u6295\u4ea7\u540e\u6bcf\u5e74\u53ef\u65b0\u589e2\u4ebf\u7f8e\u5143EBITDA\uff1b\u5176\u6b21\uff0c\u5e94\u7528\u673a\u5668\u4eba\u53ca\u5149\u5b66\u5206\u62e3\u6280\u672f\u63d0\u5347\u8fd0\u8425\u6548\u7387\uff0c\u540c\u65f6\u90e8\u7f72\u57fa\u4e8eAI\u7684\u5b66\u4e60\u6a21\u5757\u548c\u8f66\u8f7d\u667a\u80fd\u76d1\u63a7\u7cfb\u7edf\u5f3a\u5316\u5b89\u5168\u4fdd\u969c\uff1b\u6700\u540e\uff0c\u5e74\u5185\u5df2\u5b8c\u6210\u591a\u7b14\u5e74\u521b\u6536\u89c4\u6a21\u7ea62\u4ebf\u52a0\u5143\u7684\u8d44\u4ea7\u6536\u8d2d\uff0c\u51ed\u501f\u5f3a\u52b2\u73b0\u91d1\u6d41\u6301\u7eed\u62d3\u5c55\u5e76\u8d2d\u7ba1\u9053\u3002<\/p>\n<p>Dollarama\u901a\u8fc7\u4e09\u5927\u6218\u7565\u63a8\u8fdb\u6269\u5f20\uff1a\u52a0\u62ff\u5927\u672c\u571f\u95e8\u5e97\u8ba1\u5212\u57282034\u8d22\u5e74\u672b\u589e\u81f32,100\u5bb6\uff1b\u901a\u8fc7\u6536\u8d2d\u6fb3\u5927\u5229\u4e9a\u7684\u201cThe Reject Shop&#8221;\uff08\u65d7\u4e0b390\u5bb6\u6298\u6263\u5e97\uff09\u8fdb\u519b\u65b0\u5e02\u573a\uff1b\u540c\u65f6\u4f9d\u6258\u63a7\u80a1\u7684\u62c9\u7f8e\u8fde\u9501\u54c1\u724cDollarcity\uff08\u73b0\u6709644\u5bb6\u95e8\u5e97\uff09\u5f00\u62d3\u589e\u957f\u6781\uff0c\u8be5\u54c1\u724c\u9884\u8ba12031\u8d22\u5e74\u6269\u81f31,050\u5bb6\u95e8\u5e97\uff0c\u4e14\u516c\u53f8\u53ef\u57282027\u8d22\u5e74\u672b\u524d\u901a\u8fc7\u884c\u6743\u5c06\u6301\u80a1\u6bd4\u4f8b\u63d0\u5347\u81f370%\u3002<\/p>\n<p><strong>\u7ed3\u8bba\uff1a<\/strong>\u5c3d\u7ba1\u4e24\u5bb6\u516c\u53f8\u51ed\u501f\u5f3a\u52b2\u7684\u8d22\u52a1\u8868\u73b0\u8fc7\u53bb\u5341\u5e74\u5747\u5e26\u6765\u4e30\u539a\u7684\u56de\u62a5\uff08WCN\u56de\u62a5465%\/DOL\u56de\u62a5670%\uff09\uff0c\u4f46Waste Connections\u00a0\u6240\u5904\u7684\u5e9f\u7269\u7ba1\u7406\u884c\u4e1a\u9700\u6c42\u521a\u6027\u66f4\u5f3a\uff0c\u540c\u65f6\u4f30\u503c\u500d\u6570\uff08\u5e02\u9500\u73874.9 vs 7.7\uff0c\u5e02\u76c8\u738734.8 vs 41.2\uff09\u76f8\u5bf9\u66f4\u4f4e\uff0c\u56e0\u6b64\u9632\u5fa1\u5c5e\u6027\u66f4\u5f3a\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u4e0d\u786e\u5b9a\u7684\u5e02\u573a\u73af\u5883\u4e2d\uff0c\u63d0\u4f9b\u5fc5\u9700\u4ea7\u54c1\u6216\u670d\u52a1\u7684\u9632\u5fa1\u578b\u516c\u53f8\u5f80\u5f80\u80fd\u63d0\u4f9b\u7a33\u5b9a\u7684\u8d22\u52a1\u8868\u73b0\u548c\u53ef\u9760\u7684\u56de\u62a5\u3002\u672c\u6587\u5bf9\u6bd4\u5206\u6790\u52a0\u62ff\u5927\u4e24 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":496990,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1521,430],"tags":[1787,2146,668,2137],"class_list":["post-587152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1521","category-trends-strategies-zh-hans","tag-1787","tag-2146","tag-668","tag-2137","sectors-1602","locations-canada-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/587152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=587152"}],"version-history":[{"count":1,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/587152\/revisions"}],"predecessor-version":[{"id":587157,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/587152\/revisions\/587157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/496990"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=587152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=587152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=587152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}