{"id":628563,"date":"2026-03-31T01:33:44","date_gmt":"2026-03-31T08:33:44","guid":{"rendered":"https:\/\/nai500.com\/?p=628563"},"modified":"2026-03-31T01:33:44","modified_gmt":"2026-03-31T08:33:44","slug":"%e5%91%8a%e5%88%ab%e5%b8%82%e5%9c%ba%e7%82%92%e4%bd%9c%e4%b8%89%e5%8f%aa%e5%8a%a0%e6%8b%bf%e5%a4%a7%e7%a1%ac%e6%a0%b8%e8%82%a1%e7%a5%a8%e9%9d%a0%e8%ae%a2%e5%8d%95%e5%92%8c%e4%ba%a7%e9%87%8f%e8%af%b4","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hans\/blog\/2026\/03\/%e5%91%8a%e5%88%ab%e5%b8%82%e5%9c%ba%e7%82%92%e4%bd%9c%e4%b8%89%e5%8f%aa%e5%8a%a0%e6%8b%bf%e5%a4%a7%e7%a1%ac%e6%a0%b8%e8%82%a1%e7%a5%a8%e9%9d%a0%e8%ae%a2%e5%8d%95%e5%92%8c%e4%ba%a7%e9%87%8f%e8%af%b4\/","title":{"rendered":"\u544a\u522b\u5e02\u573a\u7092\u4f5c\uff0c\u4e09\u53ea\u52a0\u62ff\u5927\u201c\u786c\u6838\u201d\u80a1\u7968\u9760\u8ba2\u5355\u548c\u4ea7\u91cf\u8bf4\u8bdd"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">\u5728\u80a1\u5e02\u4e2d\uff0c\u90e8\u5206\u80a1\u7968\u7684\u4e0a\u6da8\u6e90\u4e8e\u8bf1\u4eba\u7684\u5e02\u573a\u6545\u4e8b\uff0c\u800c\u53e6\u4e00\u4e9b\u5219\u5efa\u7acb\u5728\u5b9e\u5b9e\u5728\u5728\u7684\u8ba2\u5355\u79ef\u538b\u3001\u7b7e\u7ea6\u9879\u76ee\u548c\u5b9e\u9645\u4ea7\u91cf\u4e4b\u4e0a\u3002\u5bf9\u4e8e\u5e0c\u671b\u4ece\u4ea7\u91cf\u3001\u8d44\u672c\u652f\u51fa\u627f\u8bfa\u53ca\u6bcf\u80a1\u73b0\u91d1\u56de\u62a5\u7b49\u53ef\u8861\u91cf\u6307\u6807\u4e2d\u5bfb\u627e\u6295\u8d44\u8fdb\u5c55\u7684\u52a0\u62ff\u5927\u6295\u8d44\u8005\u800c\u8a00\uff0c\u76ee\u524d\u6709\u4e09\u53ea\u80a1\u7968\u6b63\u5c55\u73b0\u51fa\u8fd9\u6837\u7684\u7279\u8d28\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Aecon Group (<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=ARE%3ACA\"><span class=\"s2\">TSX: ARE<\/span><\/a>)\uff1a\u8ba2\u5355\u79ef\u538b\u8fd1108\u4ebf\u52a0\u5143<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Aecon\u4e13\u6ce8\u4e8e\u6838\u7535\u3001\u4ea4\u901a\u7b49\u57fa\u7840\u8bbe\u65bd\u5efa\u8bbe\u3002\u622a\u81f3\u6700\u65b0\u62a5\u544a\u671f\uff0c\u5176\u8ba2\u5355\u79ef\u538b\u989d\u8fbe107.8\u4ebf\u52a0\u5143\uff0c\u53bb\u5e74\u540c\u671f\u4e3a59.8\u4ebf\u52a0\u5143\uff0c\u589e\u957f\u4e3b\u8981\u6765\u81eaYonge North\u5730\u94c1\u5ef6\u4f38\u7ebf\u7b49\u9879\u76ee\u30022025\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0c\u8425\u653615.3\u4ebf\u52a0\u5143\uff0c\u8c03\u6574\u540eEBITDA\u4e3a9270\u4e07\u52a0\u5143\uff0c\u80a1\u4e1c\u5e94\u5360\u5229\u6da64000\u4e07\u52a0\u5143\u3002\u8be5\u80a1\u5e02\u503c\u7ea623\u4ebf\u52a0\u5143\uff0c\u80a1\u606f\u7387\u7ea62%\u3002\u867d\u7136 trailing P\/E \u9ad8\u8fbe264\u500d\uff0c\u4f46\u4e3b\u8981\u662f\u56fa\u5b9a\u4ef7\u683c\u9057\u7559\u9879\u76ee\u5e26\u6765\u7684\u626d\u66f2\u3002\u672a\u6765\u5173\u952e\u5728\u4e8e\u5c06\u521b\u7eaa\u5f55\u7684\u8ba2\u5355\u8f6c\u5316\u4e3a\u53ef\u9884\u671f\u7684\u5229\u6da6\u7387\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">ATCO (<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=ACO.X%3ACA\"><span class=\"s2\">TSX: ACO.X<\/span><\/a>)\uff1a33\u5e74\u80a1\u606f\u6301\u7eed\u589e\u957f<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">ATCO\u4e1a\u52a1\u6db5\u76d6\u53d7\u76d1\u7ba1\u7684\u7535\u529b\u548c\u5929\u7136\u6c14\u7f51\u7edc\u3001\u6a21\u5757\u5316\u7ed3\u6784\u7b49\u3002\u5176\u6838\u5fc3\u9879\u76ee\u4e3aYellowhead\u7ba1\u9053\uff1a\u4e00\u6761\u7ea6235\u516c\u91cc\u7684\u9ad8\u538b\u5929\u7136\u6c14\u7ba1\u9053\uff0c\u9884\u8ba1\u603b\u6295\u8d44\u7ea629\u4ebf\u52a0\u5143\uff0c\u5df2100%\u7b7e\u7ea6\u3002\u5efa\u8bbe\u76ee\u6807\u5b9a\u4e8e2026\u5e74\u542f\u52a8\u30022025\u5e74\u8c03\u6574\u540e\u6536\u76ca\u4e3a5.18\u4ebf\u52a0\u5143\uff0c\u9ad8\u4e8e\u524d\u4e00\u5e74\u76844.81\u4ebf\u52a0\u5143\u3002\u516c\u53f8\u5c06\u5b63\u5ea6\u80a1\u606f\u63d0\u9ad8\u81f3\u6bcf\u80a10.5196\u52a0\u5143\uff0c\u589e\u5e453%\uff0c\u8fd9\u662f\u8fde\u7eed\u7b2c33\u5e74\u80a1\u606f\u589e\u957f\u3002\u8be5\u80a1\u5e02\u503c\u7ea674\u4ebf\u52a0\u5143\uff0c\u5e02\u76c8\u7387\u7ea617\u500d\uff0c\u80a1\u606f\u7387\u7ea63.1%\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Canadian Natural Resources (<a href=\"https:\/\/nai500.com\/zh-hans\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%af%a2\/?qm_symbol=CNQ%3ACA\"><span class=\"s2\">TSX: CNQ<\/span><\/a>)\uff1a\u521b\u7eaa\u5f55\u4ea7\u91cf\u4e0e\u8d44\u4ea7\u7f6e\u6362<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">2025\u5e74\u7b2c\u4e09\u5b63\u5ea6\uff0cCNQ\u5b9e\u73b0\u521b\u7eaa\u5f55\u7684\u65e5\u5747162\u4e07\u6876\u6cb9\u5f53\u91cf\u4ea7\u91cf\uff0c\u5e76\u5c06\u5168\u5e74\u6307\u5f15\u4e0a\u8c03\u81f3156\u4e07\u2014158\u4e07\u6876\u6cb9\u5f53\u91cf\u3002\u516c\u53f8\u5b8c\u6210\u4e86\u4e0e\u58f3\u724c\u7684\u8d44\u4ea7\u7f6e\u6362\uff0c\u53d6\u5f97Albian\u6cb9\u7802\u77ff100%\u6240\u6709\u6743\u3002\u7b2c\u4e09\u5b63\u5ea6\u8c03\u6574\u540e\u51c0\u5229\u6da6\u7ea618\u4ebf\u52a0\u5143\uff0c\u901a\u8fc7\u80a1\u606f\u548c\u56de\u8d2d\u5411\u80a1\u4e1c\u8fd4\u8fd8\u7ea615\u4ebf\u52a0\u5143\u30022026\u5e74\u4ea7\u91cf\u76ee\u6807\u4e3a159\u4e07\u2014165\u4e07\u6876\u6cb9\u5f53\u91cf\u3002\u8be5\u80a1\u5e02\u503c\u7ea61296\u4ebf\u52a0\u5143\uff0c\u5e02\u76c8\u7387\u7ea619.6\u500d\uff0c\u80a1\u606f\u7387\u7ea63.9%\u3002<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">\u603b\u7ed3<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Aecon\u8ba2\u5355\u79ef\u538b\u8fd1\u4e4e\u7ffb\u500d\uff0cATCO\u8fde\u7eed33\u5e74\u63d0\u9ad8\u80a1\u606f\uff0cCNQ\u5355\u5b63\u5411\u80a1\u4e1c\u8fd4\u8fd815\u4ebf\u52a0\u5143\u3002\u8fd9\u4e9b\u57fa\u4e8e\u8ba2\u5355\u3001\u4ea7\u91cf\u548c\u73b0\u91d1\u56de\u62a5\u7684\u8fdb\u5c55\uff0c\u6e05\u6670\u53ef\u89c1\uff0c\u65e0\u9700\u7092\u4f5c\u3002<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u80a1\u5e02\u4e2d\uff0c\u90e8\u5206\u80a1\u7968\u7684\u4e0a\u6da8\u6e90\u4e8e\u8bf1\u4eba\u7684\u5e02\u573a\u6545\u4e8b\uff0c\u800c\u53e6\u4e00\u4e9b\u5219\u5efa\u7acb\u5728\u5b9e\u5b9e\u5728\u5728\u7684\u8ba2\u5355\u79ef\u538b\u3001\u7b7e\u7ea6\u9879\u76ee\u548c\u5b9e\u9645\u4ea7\u91cf\u4e4b\u4e0a\u3002\u5bf9\u4e8e\u5e0c [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":563989,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[427],"tags":[519,2247,2540,661],"class_list":["post-628563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-zh-hans","tag-519","tag-2247","tag-2540","tag-661","sectors-oil-gas-zh-hans","locations-canada-zh-hans","exchange-tsx-zh-hans"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/628563","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=628563"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/628563\/revisions"}],"predecessor-version":[{"id":628566,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/posts\/628563\/revisions\/628566"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media\/563989"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=628563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=628563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=628563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}