Minth Group Limited - 0425.HK

0425.HK Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
0425.HK	3.2	6.0	3.2	5.4	33.7	27.3	-57.7	-43.0	-6.0	383.8
S&P 500	1.0	3.7	2.2	2.3	8.9	23.9	32.3	80.6	196.5	33856.2

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	0425.HK
name	Minth Group Limited
price	15.48
changes percentage	3.2
change	0.48
day low	14.74
day high	15.6
year high	17.76
year low	9.6
market cap	17762835600
price avg 50	14.2552
price avg 200	13.5902
exchange	HKSE
volume	6648100
avg volume	3484541
open	14.74
previous close	15
eps	1.92
pe	8.06
earnings announcement	2025-03-24T10:59:00.000+0000
shares outstanding	1147470000
timestamp	2025-01-17 08:08:13

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 74.3%

Overall Quarterly Financial Health: 64.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	20523674000	17306393000	18.59
gross profit	5621991000	4772862000	17.79
gross profit ratio	0.27	0.28	-0.67
research and development expenses	1396622000	1172394000	19.13
operating expenses	3660305000	3017016000	21.32
interest income	356131000	23223000	1433.53
interest expense	515499000	263187000	95.87
ebitda	3264235000	2451813000	33.14
ebitdaratio	0.16	0.14	12.27
operating income	1961686000	1412717000	38.86
operating income ratio	0.1	0.08	17.09
net income	1903231000	1500584000	26.83
net income ratio	0.09	0.09	6.95
eps	1.65	1.3	26.92

Overall Score of Annual Income Statement

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 20,524 million in 2023 from 17,306 million in 2022 representing a change of 18.59%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 5,622 million in 2023 from 4,773 million in 2022 representing a change of 17.79%. This indicates a sales profitability growth, which is a positive sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses increased to 1,397 million in 2023 from 1,172 million in 2022 representing a change of 19.13%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 3,264 million in 2023 from 2,452 million in 2022 representing a change of 33.14%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 1,962 million in 2023 from 1,413 million in 2022 representing a change of 38.86%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 1,903 million in 2023 from 1,501 million in 2022 representing a change of 26.83%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 1.65 in 2023 from 1.65 in 2022 representing a change of 26.92%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 3,660 million in 2023 from 3,017 million in 2022 representing a change of 21.32%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	11090414000	10776268000	2.92
gross profit	3161637000	3059258000	3.35
gross profit ratio	0.29	0.28	0.42
research and development expenses	714608000	781004000	-8.50
operating expenses	2003448000	2062284000	-2.85
interest income	0	98485000	-100.00
interest expense	0	0	NaN
ebitda	1860831000	1651266000	12.69
ebitdaratio	0.17	0.15	9.50
operating income	1158189000	996974000	16.17
operating income ratio	0.1	0.09	12.88
net income	1068192000	1015931000	5.14
net income ratio	0.1	0.09	2.17
eps	0.93	0.88	5.68

Overall Score of Quarterly Income Statement

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 11,090 million in 2024Q2 from 10,776 million in 2023Q4 representing a change of 2.92%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 3,162 million in 2024Q2 from 3,059 million in 2023Q4 representing a change of 3.35%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 2,003 million in 2024Q2 from 2,062 million in 2023Q4 representing a change of -2.85%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 1,861 million in 2024Q2 from 1,651 million in 2023Q4 representing a change of 12.69%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 1,068 million in 2024Q2 from 1,016 million in 2023Q4 representing a change of 5.14%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.93 in 2024Q2 from 0.93 in 2023Q4 representing a change of 5.68%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• 📉 Negative Indicators

  Research and Development (R&D) Expenses: R&D Expenses decreased to 715 million in 2024Q2 from 781 million in 2023Q4 representing a change of -8.5%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Income: Operating income decreased to 1,158 million in 2024Q2 from 997 million in 2023Q4 representing a change of 16.17%. The decrease in operating income indicates worse operational performance and decreased profitability.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	37547306000	33273798000	12.84
total liabilities	18407427000	15575679000	18.18
total equity	19139879000	17698119000	8.15
cash and cash equivalents	4165305000	4220651000	-1.31
short term investments	584837000	163712000	257.24
long term investments	892524000	428202000	108.44
total current assets	17493394000	15994504000	9.37
total non current assets	20053912000	15157221000	32.31
total current liabilities	14117393000	13313900000	6.03
total non current liabilities	4290034000	1861697000	130.44
common stock	116269000	116255000	0.01
retained earnings	13738459000	12442656000	10.41
total debt	9774501000	8298161000	17.79

Overall Score of Annual Balance Sheet

0.6 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 37,547 million in 2023 from 33,274 million in 2022 representing a change of 12.84%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 19,140 million in 2023 from 17,698 million in 2022 representing a change of 8.15%. This indicates an increase in shareholders' equity.

  Short Term Investments: Short Term Investments increased to 585 million in 2023 from 164 million in 2022 representing a change of 257.24%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 17,493 million in 2023 from 15,995 million in 2022 representing a change of 9.37%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 116 in 2023 from 116 in 2022 representing a change of 0.01%. This indicates an increase in ownership interest.

  Retained Earnings: Retained Earnings increased to 13,738 million in 2023 from 12,443 million in 2022 representing a change of 10.41%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 18,407 million in 2023 from 15,576 million in 2022 representing a change of 18.18%. This indicates an increase in overall liabilities.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 4,165 million in 2023 from 4,221 million in 2022 representing a change of -1.31%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 14,117 million in 2023 from 13,314 million in 2022 representing a change of 6.03%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 9,775 million in 2023 from 8,298 million in 2022 representing a change of 17.79%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
total assets	38577359000	37547306000	2.74
total liabilities	18419668001	18407427000	0.07
total equity	20157690999	19139879000	5.32
cash and cash equivalents	5503250000	4165305000	32.12
short term investments	522138000	584837000	-10.72
long term investments	1179483000	890163000	32.50
total current assets	18006005000	17493394000	2.93
total non current assets	20571354000	20053912000	2.58
total current liabilities	14263477000	14117393000	1.03
total non current liabilities	4156191001	4290034000	-3.12
common stock	116269000	116269000	0.00
retained earnings	14806651000	12234432000	21.02
total debt	9484246000	9774501000	-2.97

Overall Score of Quarterly Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 38,577 million in 2024Q2 from 37,547 million in 2023Q4 representing a change of 2.74%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 20,158 million in 2024Q2 from 19,140 million in 2023Q4 representing a change of 5.32%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 5,503 million in 2024Q2 from 4,165 million in 2023Q4 representing a change of 32.12%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 18,006 million in 2024Q2 from 17,493 million in 2023Q4 representing a change of 2.93%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 14,807 million in 2024Q2 from 12,234 million in 2023Q4 representing a change of 21.02%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 9,484 million in 2024Q2 from 9,775 million in 2023Q4 representing a change of -2.97%. This indicates a reduction in overall debt burden.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 18,420 million in 2024Q2 from 18,407 million in 2023Q4 representing a change of 0.07%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 522 million in 2024Q2 from 585 million in 2023Q4 representing a change of -10.72%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 14,263 million in 2024Q2 from 14,117 million in 2023Q4 representing a change of 1.03%. This indicates a higher short-term debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	-55346000	-1271308000	95.65
operating cash flow	3365907000	1855430000	81.41
free cash flow	86676000	-1484669000	105.84
capital expenditure	-3279231000	-3340099000	1.82
depreciation and amortization	1393910000	1084708000	28.51
deferred income tax	0	2342819000	-100.00
stock based compensation	28440000	47851000	-40.57
accounts payables	0	-30490000	100.00
inventory	-393739000	-724246000	45.63
acquisitions net	0	79212000	-100.00
investments in property plant and equipment	-3218344000	-3340099000	3.65
net cash used for investing activites	-3500377000	-3036938000	-15.26
debt repayment	1202176000	643597000	86.79
common stock issued	3460000	8488000	-59.24
common stock repurchased	0	-46731000	100.00
dividends paid	-602553000	-615612000	2.12
net cash used provided by financing activities	51863000	-124696000	141.59
cash at end of period	4165305000	4220651000	-1.31
accounts receivables	-365303000	-1666424000	78.08
cash at beginning of period	4220651000	5491959000	-23.15

Overall Score of Annual Cashflow Statement

0.75 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to -55 million in 2023 from -1,271 million in 2022 representing a change of 95.65%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 3,366 million in 2023 from 1,855 million in 2022 representing a change of 81.41%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 87 million in 2023 from -1,485 million in 2022 representing a change of 105.84%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 28 million in 2023 from 48 million in 2022 representing a change of -40.57%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 30 million in 2022 representing a change of 100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Dividends Paid: Dividends Paid increased to -603 million in 2023 from -616 million in 2022 representing a change of 2.12%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -3,279 million in 2023 from -3,340 million in 2022 representing a change of 1.82%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Receivables: Accounts Receivables increased to -365 in 2023 from -1,666 million in 2022 representing a change of 78.08%. This suggests that the company is less capable of collecting payments from its customers.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	1730626000	1768749000	-2.16
free cash flow	637403000	547854000	16.35
capital expenditure	-1093223000	-1220895000	10.46
depreciation and amortization	733475000	705494000	3.97
deferred income tax	0	0	NaN
stock based compensation	0	12143000	-100.00
accounts receivables	0	-365303000	100.00
accounts payables	0	0	NaN
inventory	0	-393739000	100.00
acquisitions net	0	0	NaN
investments in property plant and equipment	-1093223000	-1220895000	10.46
net cash used for investing activites	31017000	-1696611000	101.83
debt repayment	-160710000	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	0	NaN
net cash used provided by financing activities	-437574000	-28477000	-1436.59
net change in cash	5503250000	0	NaN
cash at end of period	5503250000	4117595999	33.65
cash at beginning of period	0	4117595999	-100.00

Overall Score of Quarterly Cashflow Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 5,503 million in 2024Q2 from 0 million in 2023Q4 representing a change of nan%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Free Cash Flow: Free Cash Flow increased to 637 million in 2024Q2 from 548 million in 2023Q4 representing a change of 16.35%. This indicates an increase in cash generated after accounting for capital expenditures.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q2 from 12 million in 2023Q4 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to 1,731 million in 2024Q2 from 1,769 million in 2023Q4 representing a change of -2.16%. This indicates that the company generated less cash from its core business operations.

  Capital Expenditure: Capital Expenditure increased to -1,093 million in 2024Q2 from -1,221 million in 2023Q4 representing a change of 10.46%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -365 million in 2023Q4 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2023-12-31	2022-12-31	Y/Y change %
FY
calendar year	2023	2022	NaN
revenue per share	17.84	15.04	18.62
net income per share	1.65	1.3	26.87
operating cash flow per share	2.93	1.61	81.46
free cash flow per share	0.08	-1.29	105.84
cash per share	4.13	3.81	8.37
book value per share	16.63	15.38	8.18
tangible book value per share	16.45	15.19	8.28
shareholders equity per share	15.92	14.7	8.31
interest debt per share	8.94	7.44	20.22
market cap	15973161881.35	21495442950.0	-25.69
enterprise value	21582357881.35	25572952950.0	-15.60
pe ratio	8.39	14.32	-41.41
price to sales ratio	0.78	1.24	-37.34
pocfratio	4.75	11.59	-59.04
pfcf ratio	184.29	-14.48	1372.84
pb ratio	0.87	1.27	-31.37
ptb ratio	0.87	1.27	-31.37
ev to sales	1.05	1.48	-28.83
enterprise value over ebitda	6.61	10.43	-36.61
ev to operating cash flow	6.41	13.78	-53.48
ev to free cash flow	249.0	-17.22	1545.60
earnings yield	0.12	0.07	70.68
free cash flow yield	0.01	-0.07	107.86
debt to equity	0.53	0.49	8.78
debt to assets	0.26	0.25	4.38
net debt to ebitda	1.72	1.66	3.33
current ratio	1.24	1.2	3.15
interest coverage	3.81	5.37	-29.11
income quality	1.45	1.24	17.56
dividend yield	0.04	0.03	31.72
payout ratio	0.32	0.41	-22.83
sales general and administrative to revenue	0.07	0.07	-5.39
research and ddevelopement to revenue	0.07	0.07	0.45
intangibles to total assets	0.01	0.01	-11.60
capex to operating cash flow	0.97	1.8	-45.88
capex to revenue	0.16	0.19	-17.21
capex to depreciation	2.35	3.08	-23.60
stock based compensation to revenue	0.0	0.0	-49.88
graham number	24.34	20.76	17.22
roic	0.06	0.05	17.05
return on tangible assets	0.05	0.05	12.31
graham net net	-6.88	-4.93	-39.60
working capital	3376001000	2680604000	25.94
tangible asset value	18929526000	17487241000	8.25
net current asset value	-914033000	418825000	-318.24
invested capital	20119916999	17409623000	15.57
average receivables	4971045500	4222396000	17.73
average payables	3944616000	3022436500	30.51
average inventory	3807667500	3296988500	15.49
days sales outstanding	88.98	104.17	-14.58
days payables outstanding	106.49	103.14	3.25
days of inventory on hand	97.54	105.8	-7.81
receivables turnover	4.1	3.5	17.07
payables turnover	3.43	3.54	-3.15
inventory turnover	3.74	3.45	8.47
roe	0.1	0.09	17.13
capex per share	2.85	2.9	-1.80

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 8.39 on 2023-12-31 from 14.32 on 2022-12-31, representing a change of -41.41%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.24 on 2023-12-31 from 1.20 on 2022-12-31, representing a change of 3.15%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.53 on 2023-12-31 from 0.49 on 2022-12-31, representing a change of 8.78%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
0425.HK
calendar year	2024	2023	NaN
revenue per share	9.63	9.37	2.87
net income per share	0.93	0.88	5.10
operating cash flow per share	1.5	1.54	-2.20
free cash flow per share	0.55	0.48	16.29
cash per share	5.23	4.13	26.79
book value per share	17.51	16.64	5.27
tangible book value per share	17.34	16.45	5.41
shareholders equity per share	16.81	15.92	5.57
interest debt per share	8.24	8.5	-3.01
market cap	12891521188.97	15971358097.72	-19.28
enterprise value	16872517188.97	21580554097.72	-21.82
pe ratio	3.02	3.93	-23.23
price to sales ratio	1.16	1.48	-21.57
pocfratio	7.45	9.03	-17.51
pfcf ratio	20.23	29.15	-30.62
pb ratio	0.67	0.87	-23.58
ptb ratio	0.67	0.87	-23.58
ev to sales	1.52	2.0	-24.03
enterprise value over ebitda	9.07	13.07	-30.62
ev to operating cash flow	9.75	12.2	-20.09
ev to free cash flow	26.47	39.39	-32.80
earnings yield	0.08	0.06	30.26
free cash flow yield	0.05	0.03	44.14
debt to equity	0.49	0.53	-8.13
debt to assets	0.25	0.26	-5.56
net debt to ebitda	2.14	3.4	-37.02
current ratio	1.26	1.24	1.88
interest coverage	0	0	NaN
income quality	1.62	1.74	-6.94
dividend yield	0	0	NaN
payout ratio	0	0	NaN
sales general and administrative to revenue	0.07	0.08	-12.70
research and ddevelopement to revenue	0.06	0.07	-11.09
intangibles to total assets	0.01	0.01	-9.92
capex to operating cash flow	0.63	0.69	-8.48
capex to revenue	0.1	0.11	-12.99
capex to depreciation	1.49	1.73	-13.87
stock based compensation to revenue	0	0.0	-100.00
graham number	18.73	17.79	5.33
roic	0.03	0.03	13.06
return on tangible assets	0.03	0.03	2.28
graham net net	-5.56	-6.88	19.10
working capital	3742528000	3376001000	10.86
tangible asset value	19962996999	18929526000	5.46
net current asset value	-413663001	-914033000	54.74
invested capital	21051250999	21064247000	-0.06
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	42.24	41.78	1.09
days payables outstanding	51.84	50.7	2.24
days of inventory on hand	47.34	46.44	1.93
receivables turnover	2.13	2.15	-1.08
payables turnover	1.74	1.77	-2.19
inventory turnover	1.9	1.94	-1.90
roe	0.06	0.06	-0.45
capex per share	0.95	1.06	-10.50

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 3.02 on 2024-06-30 Q2 from 3.93 on 2023-12-31 Q4, representing a change of -23.23%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.26 on 2024-06-30 Q2 from 1.24 on 2023-12-31 Q4, representing a change of 1.88%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.49 on 2024-06-30 Q2 from 0.53 on 2023-12-31 Q4, representing a change of -8.13%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

None