巴菲特经常提到,看懂一家企业的基本面和业务模式,是投资前要做的必备功课。中国神华在很多投资者眼里,似乎就是一家业务模式和基本面比较容易看懂的企业。作为一家央企,公司高度聚焦主业,以商品煤、发电和运输及煤化工为主。从经营模式上讲,以上述这些业务分部为主的一体化经营模式是中国神华独特的地方——可以说是围绕煤和电的生产和销售这一主线进行,利用自身的较低成本煤炭优势,开展产业链上的后续业务。一目了然。公司...
Source Link巴菲特经常提到,看懂一家企业的基本面和业务模式,是投资前要做的必备功课。中国神华在很多投资者眼里,似乎就是一家业务模式和基本面比较容易看懂的企业。作为一家央企,公司高度聚焦主业,以商品煤、发电和运输及煤化工为主。从经营模式上讲,以上述这些业务分部为主的一体化经营模式是中国神华独特的地方——可以说是围绕煤和电的生产和销售这一主线进行,利用自身的较低成本煤炭优势,开展产业链上的后续业务。一目了然。公司...
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