Companies / SCHP
SWXSchindler Holding (SCHP) in our theses
Schindler Holding appears in one of our theses. Below is why it entered the basket and how it has done since publication.
Elevators in China: The Real Estate Crash Does Not Kill Elevator Makers, but Pivots Them to High-Margin Modernization
Over one million Chinese elevators exceed 15 years of age, and state replacement subsidies pivot the industry from new installations to high-margin modernization.
Why this company: Ongoing margin recovery program anchored in service and modernization; double-digit modernization backlog growth provides earnings visibility independent of Chinese property weakness.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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