{"id":584306,"date":"2025-07-21T23:23:41","date_gmt":"2025-07-22T06:23:41","guid":{"rendered":"https:\/\/nai500.com\/blog\/2025\/07\/%e4%be%9b%e5%ba%94%e9%93%be%e9%be%99%e5%a4%b47%e6%9c%88%e6%b7%b1%e8%b9%b215%ef%bc%8c%e8%b7%8c%e5%87%ba%e4%ba%86%e4%b9%b0%e8%b7%8c%e6%9c%ba%e4%bc%9a\/"},"modified":"2025-07-21T23:24:25","modified_gmt":"2025-07-22T06:24:25","slug":"%e4%be%9b%e6%87%89%e9%8f%88%e9%be%8d%e9%a0%ad7%e6%9c%88%e6%b7%b1%e8%b9%b215%ef%bc%8c%e8%b7%8c%e5%87%ba%e4%ba%86%e8%b2%b7%e8%b7%8c%e6%a9%9f%e6%9c%83","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/07\/%e4%be%9b%e6%87%89%e9%8f%88%e9%be%8d%e9%a0%ad7%e6%9c%88%e6%b7%b1%e8%b9%b215%ef%bc%8c%e8%b7%8c%e5%87%ba%e4%ba%86%e8%b2%b7%e8%b7%8c%e6%a9%9f%e6%9c%83\/","title":{"rendered":"\u4f9b\u61c9\u93c8\u9f8d\u982d7\u6708\u6df1\u8e7215%\uff0c\u8dcc\u51fa\u4e86\u8cb7\u8dcc\u6a5f\u6703"},"content":{"rendered":"<p>\u52a0\u62ff\u5927\u7269\u6d41\u8edf\u4ef6\u5de8\u982d<a href=\"https:\/\/nai500.com\/zh-hant\/%e8%82%a1%e7%a5%a8%e6%9f%a5%e8%a9%a2\/?qm_symbol=DSG%3ACA\">Descartes Systems\uff08TSX:DSG\uff09<\/a>\u80a1\u50f97\u6708\u4e0b\u8dcc15%\uff0c\u89f8\u53ca10\u500b\u6708\u4f4e\u9ede\u3002\u5206\u6790\u5e2b\u6307\u51fa\uff0c\u6709\u4e9b\u5177\u5099\u6295\u8cc7\u524d\u666f\u7684\u80a1\u7968\u53ef\u80fd\u6703\u56e0\u70ba\u5404\u7a2e\u66ab\u6642\u6027\u56e0\u7d20\u51fa\u73fe\u80a1\u50f9\u56de\u8abf\uff0c\u4f46\u9577\u671f\u589e\u9577\u78ba\u5b9a\u6027\u6e05\u6670\uff0cDescartes Systems\u5c31\u662f\u9019\u6a23\u7684\u80a1\u7968\u3002<\/p>\n<p>\u5c55\u671b\u672a\u4f863\u52305\u5e74\uff0c\u9019\u53ea\u4f9b\u61c9\u93c8\u9f8d\u982d\u80a1\u7968\u6709\u671b\u7d66\u6295\u8cc7\u8005\u5275\u9020\u6295\u8cc7\u7ffb\u500d\u7684\u56de\u5831\u3002<\/p>\n<h2>Descartes Systems\u6709\u5f85\u91cb\u653e\u7684\u6295\u8cc7\u6a5f\u6703<\/h2>\n<p>Descartes Systems\u662f\u4e00\u5bb6\u7269\u6d41\u548c\u4f9b\u61c9\u93c8\u7ba1\u7406\u89e3\u6c7a\u65b9\u6848\u63d0\u4f9b\u5546\uff0c\u4f46\u8207\u4f9d\u8cf4\u9577\u671f\u8a02\u95b1\u670d\u52d9\u7684\u540c\u884cKinaxis\u4e0d\u540c\u7684\u662f\uff0cDescartes\u63a1\u7528\u7684\u662f\u57fa\u65bc\u4f7f\u7528\u7684\u6536\u8cbb\u6a21\u5f0f\u3002\u516c\u53f8\u652f\u6301\u6309\u55ae\u6b21\u8ca8\u904b\u3001\u7279\u5b9a\u529f\u80fd\uff08\u5982\u6d77\u95dc\u5408\u898f\uff09\u6216\u5168\u6d41\u7a0b\u89e3\u6c7a\u65b9\u6848\u9748\u6d3b\u6536\u8cbb\uff0c\u56e0\u6b64\u696d\u52d9\u5177\u6709\u5b63\u7bc0\u6027\u7279\u5fb5\uff0c\u901a\u5e38\u96a88-9\u6708\u96fb\u5546\u65fa\u5b63\u81e8\u8fd1\u6642\u80a1\u50f9\u8d70\u5f37\u3002<\/p>\n<p>Descartes\u7684\u89e3\u6c7a\u65b9\u6848\u4e0d\u50c5\u6709\u52a9\u65bc\u898f\u5283\u4f60\u7684\u4f9b\u61c9\u93c8\uff0c\u9084\u80fd\u5e6b\u52a9\u57f7\u884c\u3002\u516c\u53f8\u63d0\u4f9b\u5eab\u5b58\u7ba1\u7406\u3001\u8def\u7dda\u8ddf\u8e64\u3001\u6d77\u95dc\u5831\u95dc\u4ee5\u53ca\u516c\u53f8\u57f7\u884c\u8cbf\u6613\u6240\u9700\u7684\u8a31\u591a\u5176\u4ed6\u670d\u52d9\u3002\u56e0\u6b64\uff0c\u516c\u53f8\u9084\u53d7\u76ca\u65bc\u8cbf\u6613\u91cf\u7684\u589e\u9577\u3002<\/p>\n<p>\u95dc\u7a05\u7684\u4e0d\u78ba\u5b9a\u6027\u6e1b\u7de9\u4e86\u90e8\u5206\u884c\u696d\u7684\u8cbf\u6613\u6d3b\u52d5\u3002\u8a72\u516c\u53f8\u589e\u9577\u653e\u7de9\uff0c\u56e0\u6b64\u63a1\u53d6\u6210\u672c\u524a\u6e1b\u63aa\u65bd\u2014\u2014\u4f8b\u5982\u88c1\u54e17%\u2014\u2014\u4ee5\u4fdd\u6301\u904b\u71df\u8207\u9700\u6c42\u540c\u6b65\uff0c\u7dad\u630145%\u7684\u8abf\u6574\u5f8c\u606f\u7a05\u6298\u820a\u6524\u92b7\u524d\u5229\u6f64\u7387\uff08EBITDA\uff09\u3002\u5c0d\u6b64\uff0c\u80a1\u5e02\u505a\u51fa\u4e86\u8ca0\u9762\u53cd\u61c9\u3002\u7136\u800c\uff0c\u4e00\u65e6\u4f9b\u61c9\u93c8\u8abf\u6574\u5b8c\u6210\u6216\u8cbf\u6613\u8ac7\u5224\u5be6\u73fe\u7a81\u7834\uff0c\u7a4d\u58d3\u9700\u6c42\u5c07\u63a8\u52d5\u8cbf\u6613\u91cf\u6fc0\u589e\uff0cDescartes Systems\u5728\u9019\u4e00\u904e\u7a0b\u4e2d\u53ef\u9ad8\u6548\u52a9\u529b\u4f01\u696d\u8f49\u578b\uff0c\u5f9e\u800c\u52a0\u901f\u672a\u4f86\u4e00\u5e74\u516c\u53f8\u6536\u5165\u7684\u589e\u9577\u4e26\u63a8\u9ad8\u80a1\u50f9\u3002<\/p>\n<p>\u9019\u4e00\u5224\u65b7\u57fa\u65bcDescartes Systems\u904e\u5f80\u7684\u589e\u9577\u9031\u671f\u3002\u8a72\u516c\u53f8\u7684\u512a\u52e2\u5728\u65bc\u5168\u7403\u7269\u6d41\u7db2\u7d61\uff08GLN\uff09\uff0c\u8a72\u7db2\u7d61\u53ef\u4ee5\u5e6b\u52a9\u4f01\u696d\u91cd\u7d44\u4f9b\u61c9\u93c8\u3002\u4ee52021\u5e74\u70ba\u4f8b\uff0c\u7576\u6642\u75ab\u60c5\u63a8\u52d5\u96fb\u5546\u4ea4\u6613\u91cf\u589e\u9577\uff0cDescartes\u7684\u6536\u5165\u589e\u901f\u4e5f\u5f9e\u4e00\u5e74\u524d\u76847%\u52a0\u901f\u81f322%\u30022023\u5e74\uff0c\u4fc4\u70cf\u6230\u722d\u64fe\u4e82\u4e86\u77f3\u6cb9\u548c\u5929\u7136\u6c23\u4f9b\u61c9\u93c8\uff0c\u70ba\u5317\u7f8e\u6db2\u5316\u5929\u7136\u6c23\u51fa\u53e3\u5230\u6b50\u6d32\u5275\u9020\u4e86\u65b0\u7684\u6a5f\u6703\uff0c\u516c\u53f8\u6536\u5165\u589e\u9577\u63d0\u901f\u81f318%\u3002<\/p>\n<table>\n<thead>\n<tr>\n<td><strong>\u5e74\u4efd<\/strong><\/td>\n<td><strong>\u71df\u6536\uff08\u767e\u842c\u52a0\u5143\uff09<\/strong><\/td>\n<td><strong>\u71df\u6536\u589e\u9577\u7387<\/strong><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2014<\/td>\n<td>170.9<\/td>\n<td>13%<\/td>\n<\/tr>\n<tr>\n<td>2015<\/td>\n<td>185.0<\/td>\n<td>8%<\/td>\n<\/tr>\n<tr>\n<td>2016<\/td>\n<td>203.8<\/td>\n<td>10%<\/td>\n<\/tr>\n<tr>\n<td>2017<\/td>\n<td>237.4<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>2018<\/td>\n<td>275.2<\/td>\n<td>16%<\/td>\n<\/tr>\n<tr>\n<td>2019<\/td>\n<td>325.8<\/td>\n<td>18%<\/td>\n<\/tr>\n<tr>\n<td>2020<\/td>\n<td>348.7<\/td>\n<td>7%<\/td>\n<\/tr>\n<tr>\n<td><strong>2021<\/strong><\/td>\n<td><strong>424.7<\/strong><\/td>\n<td><strong>22%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2022<\/td>\n<td>486.0<\/td>\n<td>14%<\/td>\n<\/tr>\n<tr>\n<td><strong>2023<\/strong><\/td>\n<td><strong>572.9<\/strong><\/td>\n<td><strong>18%<\/strong><\/td>\n<\/tr>\n<tr>\n<td>2024<\/td>\n<td>651.0<\/td>\n<td>14%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u696d\u7e3e\u7684\u589e\u9577\u514c\u73fe\u70ba\u6295\u8cc7\u8005\u771f\u5be6\u7684\u56de\u5831\uff1aDescartes\u80a1\u7968\u50f9\u683c2021\u5e74\u4e0a\u6f3250%\uff0c2023\u5e74\u4e0a\u6f3230%\uff0c\u4e94\u5e74\u5167\u98c6\u5347\u4e86100%\u3002\u6b64\u5916\uff0c\u516c\u53f8\u6bcf\u80a1\u6536\u76ca\uff08EPS\uff09\u7684\u589e\u9577\u901f\u5ea6\u662f\u6536\u5165\u589e\u901f\u7684\u5169\u500d\uff1a\u6536\u5165\u4e94\u5e74\u5e74\u5747\u589e\u901f\u70ba15%\uff0c\u6bcf\u80a1\u6536\u76ca\u589e\u901f\u905430%\u3002<\/p>\n<h2>\u6295\u8cc7\u50f9\u503c\u5206\u6790<\/h2>\n<p>Descartes\u7684\u6210\u9577\u6f5b\u529b\u5f88\u9ad8\uff0c\u7576\u524d\u4ea4\u6613\u50f9\u683c\u76f8\u6bd4177.98\u52a0\u5143\u7684\u6b77\u53f2\u9ad8\u9ede\u4f4e19%\u3002\u6b64\u5916\uff0cDSG\u662f\u4e00\u96bb\u6210\u9577\u80a1\uff0c\u9019\u610f\u5473\u8457\u5728\u589e\u9577\u7684\u904e\u7a0b\u4e2d\uff0c\u8a72\u80a1\u9700\u8981\u4e0a\u6f3223.4%\u624d\u80fd\u7a81\u7834\u6b77\u53f2\u65b0\u9ad8\u3002\u56e0\u6b64\uff0c\u7576\u524d\u7684\u4e0b\u8dcc\u662f\u8cb7\u8dcc\u6a5f\u6703\u3002\u98a8\u96aa\u5728\u65bc\uff0c\u8cbf\u6613\u653f\u7b56\u8b8a\u52d5\u53ef\u80fd\u5ef6\u7de9\u5fa9\u8607\u9032\u7a0b\uff0c\u4f46\u516c\u53f8\u5df2\u505a\u597d\u61c9\u5c0d\u4f9b\u61c9\u93c8\u91cd\u69cb\u7684\u6e96\u5099\uff0c\u4e2d\u9577\u671f\u589e\u9577\u52d5\u80fd\u5145\u8db3\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u52a0\u62ff\u5927\u7269\u6d41\u8edf\u4ef6\u5de8\u982dDescartes Systems\uff08TSX:DSG\uff09\u80a1\u50f97\u6708\u4e0b\u8dcc15%\uff0c\u89f8\u53ca10\u500b\u6708\u4f4e\u9ede\u3002\u5206 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":557635,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1522,431],"tags":[2147,2156,2138,2233],"class_list":["post-584306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag--zh-hant","tag-2156","tag-2138","tag-2233","sectors-technology-zh-hant","locations-canada-zh-hant","exchange-tsx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/584306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/comments?post=584306"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/584306\/revisions"}],"predecessor-version":[{"id":584309,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/584306\/revisions\/584309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/557635"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=584306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=584306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=584306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}