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花牵牛
2020-11-03
$老虎证券(TIGR)$
日了狗,跌成一个鬼样
花牵牛
2020-08-18
$三生制药(01530)$
明明走势应该很好,为什么走得这么垃圾
花牵牛
2020-08-10
今天涨30个点?
抱歉,原内容已删除
花牵牛
2020-07-09
$老虎证券(TIGR)$
洗洗更健康
花牵牛
2020-07-07
$老虎证券(TIGR)$
八块不是梦
花牵牛
2020-06-10
$老虎证券(TIGR)$
看看富途,就知道老虎回八块一点问题都没有
花牵牛
2020-06-09
$周黑鸭(01458)$
不到六块不卖
花牵牛
2019-11-19
$唯品会(VIPS)$
要跌了,快跑
花牵牛
2019-08-17
$斗鱼(DOYU)$
W底
花牵牛
2019-08-12
$云米科技(VIOT)$
云米冰箱那叫一个垃圾,买冰箱送马达
花牵牛
2019-07-26
这篇文章不错,转发给大家看
@w奔波儿霸:航空股入门(下)-五家企业简单分析
去老虎APP查看更多动态
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W底","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/995623357","isVote":1,"tweetType":1,"viewCount":1468,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":993570430,"gmtCreate":1564152162820,"gmtModify":1704706724153,"author":{"id":"3517388419082401","authorId":"3517388419082401","authorIdStr":"3517388419082401","name":"花牵牛","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3517388419082401"},"themes":[],"htmlText":"这篇文章不错,转发给大家看","listText":"这篇文章不错,转发给大家看","text":"这篇文章不错,转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/993570430","repostId":"993528555","repostType":1,"repost":{"id":993528555,"gmtCreate":1564147040712,"gmtModify":1704706689674,"author":{"id":"3518519652748814","authorId":"3518519652748814","authorIdStr":"3518519652748814","name":"w奔波儿霸","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3518519652748814"},"themes":[],"title":"航空股入门(下)-五家企业简单分析","htmlText":"航空股入门(上) 航空股入门(中)-巴菲特和莱特兄弟 继前两篇的泛泛而谈之后,这篇写一些具体的业务分析。 首先静态分析下三大航和春秋、吉祥这五家企业。 春秋航空和西南航空是非常接近的,都是各自国家最著名的廉航,利润率11.7%&12.1%也非常接近。 从两方面来看,春秋比西南更厉害。春秋的客运力只有西南的15%,缺乏规模优势;中国民航整体有点供过于求,春秋的收费客公里收益只有西南的56%。在这种不利条件下,春秋能做到和西南类似的利润率,其成本控制能力应该要强于西南。 三大航和达美完全不一样。 我看到一篇研究文章说,达美向西南进行了深入的学习,如今两家公司的差异并没有那么大,达美航空的票价并不贵,成本控制能力也很好。 西南与达美的收费客公里收益比例是87%,而春秋和三大行的收费客公里收益比例是70%,三大行还是传统民航公司的模式,票价高成本也高,没有进行运营转型。 倒是吉祥航空更接近达美,吉祥旗下有廉航九元航空。春秋和吉祥的收费客公里收益比例是79%,吉祥整体票价并不太贵,成本控制能力也很好,去年在不利因素下利润率9%表现算是不错。 吉祥作为一个民企,跟春秋一样是利润导向的。 三大行里,南航规模最大,运营效率也最差,骚浪贱的典型,这有点像中国建材。东航比南航稍微好一丢丢,国航就明显好很多。 从收入端来看,东航是相对最好的,国行差不太多,南航就比较差。 这是成本端的情况,百分比是以南航为基准,单位营收的相应成本与南航的比例。 折旧和租赁放在一块看的话,三家是完全一致的。 南航的航油成本略高;维修成本很高;在其他成本项里南航非常夸张,按东航的比例多了21亿,按照国航的比例多了45亿,这是什么难言之隐?要知道去年的利润也就30亿。 东航的维修成本非常低;起降成本、薪酬成本、销售费用、管理费用明显偏高,除了起降成本外,其他三项都是与“人”有关的成本,对于国企来说,大家都懂","listText":"航空股入门(上) 航空股入门(中)-巴菲特和莱特兄弟 继前两篇的泛泛而谈之后,这篇写一些具体的业务分析。 首先静态分析下三大航和春秋、吉祥这五家企业。 春秋航空和西南航空是非常接近的,都是各自国家最著名的廉航,利润率11.7%&12.1%也非常接近。 从两方面来看,春秋比西南更厉害。春秋的客运力只有西南的15%,缺乏规模优势;中国民航整体有点供过于求,春秋的收费客公里收益只有西南的56%。在这种不利条件下,春秋能做到和西南类似的利润率,其成本控制能力应该要强于西南。 三大航和达美完全不一样。 我看到一篇研究文章说,达美向西南进行了深入的学习,如今两家公司的差异并没有那么大,达美航空的票价并不贵,成本控制能力也很好。 西南与达美的收费客公里收益比例是87%,而春秋和三大行的收费客公里收益比例是70%,三大行还是传统民航公司的模式,票价高成本也高,没有进行运营转型。 倒是吉祥航空更接近达美,吉祥旗下有廉航九元航空。春秋和吉祥的收费客公里收益比例是79%,吉祥整体票价并不太贵,成本控制能力也很好,去年在不利因素下利润率9%表现算是不错。 吉祥作为一个民企,跟春秋一样是利润导向的。 三大行里,南航规模最大,运营效率也最差,骚浪贱的典型,这有点像中国建材。东航比南航稍微好一丢丢,国航就明显好很多。 从收入端来看,东航是相对最好的,国行差不太多,南航就比较差。 这是成本端的情况,百分比是以南航为基准,单位营收的相应成本与南航的比例。 折旧和租赁放在一块看的话,三家是完全一致的。 南航的航油成本略高;维修成本很高;在其他成本项里南航非常夸张,按东航的比例多了21亿,按照国航的比例多了45亿,这是什么难言之隐?要知道去年的利润也就30亿。 东航的维修成本非常低;起降成本、薪酬成本、销售费用、管理费用明显偏高,除了起降成本外,其他三项都是与“人”有关的成本,对于国企来说,大家都懂","text":"航空股入门(上) 航空股入门(中)-巴菲特和莱特兄弟 继前两篇的泛泛而谈之后,这篇写一些具体的业务分析。 首先静态分析下三大航和春秋、吉祥这五家企业。 春秋航空和西南航空是非常接近的,都是各自国家最著名的廉航,利润率11.7%&12.1%也非常接近。 从两方面来看,春秋比西南更厉害。春秋的客运力只有西南的15%,缺乏规模优势;中国民航整体有点供过于求,春秋的收费客公里收益只有西南的56%。在这种不利条件下,春秋能做到和西南类似的利润率,其成本控制能力应该要强于西南。 三大航和达美完全不一样。 我看到一篇研究文章说,达美向西南进行了深入的学习,如今两家公司的差异并没有那么大,达美航空的票价并不贵,成本控制能力也很好。 西南与达美的收费客公里收益比例是87%,而春秋和三大行的收费客公里收益比例是70%,三大行还是传统民航公司的模式,票价高成本也高,没有进行运营转型。 倒是吉祥航空更接近达美,吉祥旗下有廉航九元航空。春秋和吉祥的收费客公里收益比例是79%,吉祥整体票价并不太贵,成本控制能力也很好,去年在不利因素下利润率9%表现算是不错。 吉祥作为一个民企,跟春秋一样是利润导向的。 三大行里,南航规模最大,运营效率也最差,骚浪贱的典型,这有点像中国建材。东航比南航稍微好一丢丢,国航就明显好很多。 从收入端来看,东航是相对最好的,国行差不太多,南航就比较差。 这是成本端的情况,百分比是以南航为基准,单位营收的相应成本与南航的比例。 折旧和租赁放在一块看的话,三家是完全一致的。 南航的航油成本略高;维修成本很高;在其他成本项里南航非常夸张,按东航的比例多了21亿,按照国航的比例多了45亿,这是什么难言之隐?要知道去年的利润也就30亿。 东航的维修成本非常低;起降成本、薪酬成本、销售费用、管理费用明显偏高,除了起降成本外,其他三项都是与“人”有关的成本,对于国企来说,大家都懂","images":[{"img":"https://static.tigerbbs.com/79ddc227e203808480228c605fe57234"},{"img":"https://static.tigerbbs.com/4b17d2a8518edda4cda475256fc693e4"},{"img":"https://static.tigerbbs.com/39c4a89ba36c57a1ab60f24955d00adf"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/993528555","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}