Tomato Capital Qingyong: How to make money in the “last decade” of the catering industry?
The valuation of catering supply chain companies cannot be evaluated with a higher price-to-sales ratio. In the early stage, net assets are used as a reference, and in the later stage, net profit is more used, that is, PE multiples. This is also certain in the A-share market. The PE multiple of this kind of […]