Buying Beijing tourism stocks for a long time will not go up or down. Who can help me analyze it?

Main business: tourism services.

Current price: 12 yuan; P/B ratio: more than 6 times; Static P/E ratio: No (loss); Return on net assets in the first three years:-12% 2% 5%; Net profit for the first three years:-30 million, 5 million,150,000.

As can be seen from the above financial indicators, the valuation of the stock is obviously high. The value created for shareholders in recent three years is negative100000; In addition, people have always been optimistic about sunrise industries such as tourism, but the company's profitability and growth have been bad in the past, and we don't know why; The future prospects are also uncertain.

In short, as a stock investor, stock selection is very important. We should choose the stocks of listed companies whose profits and growth are guaranteed now and in the future. Only in this way, our investment will not be "wasted" and it is possible to obtain high returns for a long time.