{"id":587153,"date":"2025-08-10T22:23:30","date_gmt":"2025-08-11T05:23:30","guid":{"rendered":"https:\/\/nai500.com\/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\/"},"modified":"2025-08-10T22:24:08","modified_gmt":"2025-08-11T05:24:08","slug":"%e5%8a%a0%e6%8b%bf%e5%a4%a7%e9%98%b2%e7%a6%a6%e8%82%a1%e7%a5%a8%e7%b5%82%e6%a5%b5%e5%b0%8d%e6%b1%ba%ef%bc%9a%e5%bb%a2%e7%89%a9%e7%ae%a1%e7%90%86%e5%b7%a8%e9%a0%advs%e6%8a%98%e6%89%a3%e9%9b%b6%e5%94%ae","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2025\/08\/%e5%8a%a0%e6%8b%bf%e5%a4%a7%e9%98%b2%e7%a6%a6%e8%82%a1%e7%a5%a8%e7%b5%82%e6%a5%b5%e5%b0%8d%e6%b1%ba%ef%bc%9a%e5%bb%a2%e7%89%a9%e7%ae%a1%e7%90%86%e5%b7%a8%e9%a0%advs%e6%8a%98%e6%89%a3%e9%9b%b6%e5%94%ae\/","title":{"rendered":"\u52a0\u62ff\u5927\u9632\u79a6\u80a1\u7968\u7d42\u6975\u5c0d\u6c7a\uff1a\u5ee2\u7269\u7ba1\u7406\u5de8\u982dVS\u6298\u6263\u96f6\u552e\u9f8d\u982d"},"content":{"rendered":"<p>\u5728\u4e0d\u78ba\u5b9a\u7684\u5e02\u5834\u74b0\u5883\u4e2d\uff0c\u63d0\u4f9b\u5fc5\u9700\u7522\u54c1\u6216\u670d\u52d9\u7684\u9632\u79a6\u578b\u516c\u53f8\u5f80\u5f80\u80fd\u63d0\u4f9b\u7a69\u5b9a\u7684\u8ca1\u52d9\u8868\u73fe\u548c\u53ef\u9760\u7684\u56de\u5831\u3002\u672c\u6587\u5c0d\u6bd4\u5206\u6790\u52a0\u62ff\u5927\u5169\u5bb6\u9632\u79a6\u578b\u516c\u53f8\u2014\u2014\u5ee2\u7269\u7ba1\u7406\u516c\u53f8Waste Connections\u8207\u6298\u6263\u96f6\u552e\u5546Dollarama\u7684\u8ca1\u52d9\u8868\u73fe\u53ca\u589e\u9577\u524d\u666f\uff0c\u63a2\u5c0b\u66f4\u4f73\u7684\u6295\u8cc7\u9078\u64c7\u3002<\/p>\n<h2>\u516c\u53f8\u57fa\u672c\u9762\u5c0d\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>\u5c08\u6ce8\u65bc\u5317\u7f8e\u975e\u5371\u96aa\u56fa\u9ad4\u5ee2\u7269\u7684\u6536\u96c6\u3001\u8f49\u904b\u548c\u8655\u7f6e\uff0c\u5728\u7f8e\u570b\u548c\u52a0\u62ff\u5927\u7684\u7368\u5bb6\u53ca\u6b21\u8981\u5e02\u5834\u4e0a\u904b\u71df\uff0c\u7af6\u722d\u58d3\u529b\u5c0f\u4e14\u5229\u6f64\u7387\u8f03\u9ad8\u3002\u516c\u53f8\u901a\u904e\u5167\u751f\u589e\u9577\u548c\u7a4d\u6975\u6536\u8cfc\u7b56\u7565\u5be6\u73fe\u64f4\u5f35\uff0c2020\u5e74\u4ee5\u4f86\u5df2\u65a5\u8cc7\u8d8565\u5104\u52a0\u5143\u5b8c\u6210\u903e110\u5b97\u6536\u8cfc\u3002\u904e\u53bb\u5341\u5e74\u80a1\u6771\u7e3d\u56de\u5831\u7387\u9054465%\uff08\u5e74\u531618.9%\uff09\u3002\u7576\u524d\u4f30\u503c\uff1a\u672a\u4f8612\u500b\u6708\u5e02\u92b7\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\u9f8d\u982d\uff0c\u5168\u570b\u9580\u5e971,638\u5bb6\u3002\u6191\u85c9\u9ad8\u6548\u7684\u76f4\u63a5\u63a1\u8cfc\u6a21\u5f0f\u8207\u7269\u6d41\u9ad4\u7cfb\uff0c\u6301\u7e8c\u5be6\u73fe\u540c\u5e97\u92b7\u552e\u589e\u9577\u3002\u9580\u5e97\u6578\u91cf\u5f9e2011\u8ca1\u5e74\u7684652\u5bb6\u64f4\u5f35\u81f32026\u8ca1\u5e74\u672b1,638\u5bb6\uff0c\u63a8\u52d5\u71df\u6536\u5e74\u5316\u589e\u957711.4%\u3002\u540c\u671f\u6de8\u5229\u6f64\u8907\u5408\u5e74\u589e\u9577\u7387\u905417.9%\uff0cEBITDA\u5229\u6f64\u7387\u7ffb\u500d\u81f3\u8d8533%\u3002\u904e\u53bb\u5341\u5e74\u80a1\u6771\u7e3d\u56de\u5831\u7387670%\uff08\u5e74\u531622.7%\uff09\u3002\u7576\u524d\u4f30\u503c\uff1a\u672a\u4f8612\u500b\u6708\u5e02\u92b7\u73877.7\u500d\uff0c\u5e02\u76c8\u738741.2\u500d\u3002<\/p>\n<h2>\u589e\u9577\u5f15\u64ce\u89e3\u6790<\/h2>\n<p>Waste Connections\u901a\u904e\u4e09\u65b9\u9762\u9a45\u52d5\u589e\u9577\uff1a\u9996\u5148\uff0c\u516c\u53f8\u6b63\u5728\u5efa\u8a2d12\u500b\u53ef\u518d\u751f\u5929\u7136\u6c23\u8a2d\u65bd\uff0c\u9810\u8a08\u660e\u5e74\u6295\u7522\u5f8c\u6bcf\u5e74\u53ef\u65b0\u589e2\u5104\u7f8e\u5143EBITDA\uff1b\u5176\u6b21\uff0c\u61c9\u7528\u6a5f\u5668\u4eba\u53ca\u5149\u5b78\u5206\u63c0\u6280\u8853\u63d0\u5347\u904b\u71df\u6548\u7387\uff0c\u540c\u6642\u90e8\u7f72\u57fa\u65bcAI\u7684\u5b78\u7fd2\u6a21\u584a\u548c\u8eca\u8f09\u667a\u80fd\u76e3\u63a7\u7cfb\u7d71\u5f37\u5316\u5b89\u5168\u4fdd\u969c\uff1b\u6700\u5f8c\uff0c\u5e74\u5167\u5df2\u5b8c\u6210\u591a\u7b46\u5e74\u5275\u6536\u898f\u6a21\u7d042\u5104\u52a0\u5143\u7684\u8cc7\u7522\u6536\u8cfc\uff0c\u6191\u85c9\u5f37\u52c1\u73fe\u91d1\u6d41\u6301\u7e8c\u62d3\u5c55\u4e26\u8cfc\u7ba1\u9053\u3002<\/p>\n<p>Dollarama\u901a\u904e\u4e09\u5927\u6230\u7565\u63a8\u9032\u64f4\u5f35\uff1a\u52a0\u62ff\u5927\u672c\u571f\u9580\u5e97\u8a08\u5283\u57282034\u8ca1\u5e74\u672b\u589e\u81f32,100\u5bb6\uff1b\u901a\u904e\u6536\u8cfc\u6fb3\u5927\u5229\u4e9e\u7684\u201cThe Reject Shop&#8221;\uff08\u65d7\u4e0b390\u5bb6\u6298\u6263\u5e97\uff09\u9032\u8ecd\u65b0\u5e02\u5834\uff1b\u540c\u6642\u4f9d\u8a17\u63a7\u80a1\u7684\u62c9\u7f8e\u9023\u9396\u54c1\u724cDollarcity\uff08\u73fe\u6709644\u5bb6\u9580\u5e97\uff09\u958b\u62d3\u589e\u9577\u6975\uff0c\u8a72\u54c1\u724c\u9810\u8a082031\u8ca1\u5e74\u64f4\u81f31,050\u5bb6\u9580\u5e97\uff0c\u4e14\u516c\u53f8\u53ef\u57282027\u8ca1\u5e74\u672b\u524d\u901a\u904e\u884c\u6b0a\u5c07\u6301\u80a1\u6bd4\u4f8b\u63d0\u5347\u81f370%\u3002<\/p>\n<p><strong>\u7d50\u8ad6\uff1a<\/strong>\u5118\u7ba1\u5169\u5bb6\u516c\u53f8\u6191\u85c9\u5f37\u52c1\u7684\u8ca1\u52d9\u8868\u73fe\u904e\u53bb\u5341\u5e74\u5747\u5e36\u4f86\u8c50\u539a\u7684\u56de\u5831\uff08WCN\u56de\u5831465%\/DOL\u56de\u5831670%\uff09\uff0c\u4f46Waste Connections\u00a0\u6240\u8655\u7684\u5ee2\u7269\u7ba1\u7406\u884c\u696d\u9700\u6c42\u525b\u6027\u66f4\u5f37\uff0c\u540c\u6642\u4f30\u503c\u500d\u6578\uff08\u5e02\u92b7\u73874.9 vs 7.7\uff0c\u5e02\u76c8\u738734.8 vs 41.2\uff09\u76f8\u5c0d\u66f4\u4f4e\uff0c\u56e0\u6b64\u9632\u79a6\u5c6c\u6027\u66f4\u5f37\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u4e0d\u78ba\u5b9a\u7684\u5e02\u5834\u74b0\u5883\u4e2d\uff0c\u63d0\u4f9b\u5fc5\u9700\u7522\u54c1\u6216\u670d\u52d9\u7684\u9632\u79a6\u578b\u516c\u53f8\u5f80\u5f80\u80fd\u63d0\u4f9b\u7a69\u5b9a\u7684\u8ca1\u52d9\u8868\u73fe\u548c\u53ef\u9760\u7684\u56de\u5831\u3002\u672c\u6587\u5c0d\u6bd4\u5206\u6790\u52a0\u62ff\u5927\u5169 [&hellip;]<\/p>\n","protected":false},"author":27,"featured_media":496991,"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":[1788,2147,2177,2138],"class_list":["post-587153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1522","category-trends-strategies-zh-hant","tag-1788","tag--zh-hant","tag-2177","tag-2138","sectors--zh-hant","locations-canada-zh-hant","exchange-tsx-zh-hant"],"acf":[],"_links":{"self":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/587153","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=587153"}],"version-history":[{"count":3,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/587153\/revisions"}],"predecessor-version":[{"id":587156,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/posts\/587153\/revisions\/587156"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media\/496991"}],"wp:attachment":[{"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/media?parent=587153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/categories?post=587153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nai500.com\/zh-hant\/wp-json\/wp\/v2\/tags?post=587153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}