Tianjin Development Holdings Limited - 0882.HK

0882.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 %
0882.HK	-2.0	-2.0	-2.5	-5.4	4.3	39.9	10.9	-14.6	-63.9	-52.9
S&P 500	1.0	1.5	1.1	2.3	8.9	23.6	33.8	80.6	196.5	33856.2

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Returns Charts ⓘ

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Real-time Full Quote

Attribute	Value
symbol	0882.HK
name	Tianjin Development Holdings Limited
price	1.93
changes percentage	-2.0305
change	-0.04
day low	1.93
day high	1.98
year high	2.17
year low	1.38
market cap	2070446100
price avg 50	1.9604
price avg 200	1.86545
exchange	HKSE
volume	1176000
avg volume	390191
open	1.97
previous close	1.97
eps	0.51
pe	3.78
earnings announcement	2025-03-27T12:00:00.000+0000
shares outstanding	1072770000
timestamp	2025-01-20 08:08:32

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: 61.3%

Overall Quarterly Financial Health: 51.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	3338429000	3705129000	-9.90
gross profit	1010128000	933960000	8.16
gross profit ratio	0.3	0.25	20.04
research and development expenses	144691000	148501000	-2.57
operating expenses	1010128000	913200000	10.61
interest income	261509000	262226999	-0.27
interest expense	107352000	82495000	30.13
ebitda	841253000	372828000	125.64
ebitdaratio	0.25	0.06	336.19
operating income	114111000	20760000	449.67
operating income ratio	0.03	0.01	510.04
net income	635634000	358162000	77.47
net income ratio	0.19	0.1	96.96
eps	0.59	0.33	78.79

Overall Score of Annual Income Statement

0.62 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 3,338 million in 2023 from 3,705 million in 2022 representing a change of -9.9%. This indicates a sales shrinking, which is a negative sign for the company.

  Research and Development (R&D) Expenses: R&D Expenses decreased to 145 million in 2023 from 149 million in 2022 representing a change of -2.57%. 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 114 million in 2023 from 21 million in 2022 representing a change of 449.67%. The decrease in operating income indicates worse operational performance and decreased profitability.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 1,010 million in 2023 from 934 million in 2022 representing a change of 8.16%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 1,010 million in 2023 from 913 million in 2022 representing a change of 10.61%. 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 841 million in 2023 from 373 million in 2022 representing a change of 125.64%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 636 million in 2023 from 358 million in 2022 representing a change of 77.47%. 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 0.59 in 2023 from 0.59 in 2022 representing a change of 78.79%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	1820260000	1507952000	20.71
gross profit	588491000	409105000	43.85
gross profit ratio	0.32	0.27	19.17
research and development expenses	74400000	57316000	29.81
operating expenses	440834000	357269000	23.39
interest income	134902000	136904000	-1.46
interest expense	57837000	62809000	-7.92
ebitda	327065000	521471000	-37.28
ebitdaratio	0.18	0.1	81.95
operating income	147657000	51836000	184.85
operating income ratio	0.08	0.03	135.98
net income	288077000	264125000	9.07
net income ratio	0.16	0.18	-9.64
eps	0.27	0.25	8.00

Overall Score of Quarterly Income Statement

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 1,820 million in 2024Q2 from 1,508 million in 2023Q4 representing a change of 20.71%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 588 million in 2024Q2 from 409 million in 2023Q4 representing a change of 43.85%. 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 74 million in 2024Q2 from 57 million in 2023Q4 representing a change of 29.81%. This shows that the company continues to invest in innovation and product development, which is crucial for long-term growth.

  Net Income: Net income increased to 288 million in 2024Q2 from 264 million in 2023Q4 representing a change of 9.07%. 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 0.27 in 2024Q2 from 0.27 in 2023Q4 representing a change of 8.0%. 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 441 million in 2024Q2 from 357 million in 2023Q4 representing a change of 23.39%. 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.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 327 million in 2024Q2 from 521 million in 2023Q4 representing a change of -37.28%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 148 million in 2024Q2 from 52 million in 2023Q4 representing a change of 184.85%. 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	22292679000	21266227000	4.83
total liabilities	4779751000	4836947000	-1.18
total equity	17512928000	16429280000	6.60
cash and cash equivalents	4461089000	3840303000	16.17
short term investments	3529295000	4119577000	-14.33
long term investments	8579272999	8370915999	2.49
total current assets	10658737000	10055816000	6.00
total non current assets	11633942000	11210410999	3.78
total current liabilities	2827869000	3103059000	-8.87
total non current liabilities	1951882000	1733888000	12.57
common stock	5136285000	5136285000	0.00
retained earnings	7659960000	7176062000	6.74
total debt	1821176000	1583215000	15.03

Overall Score of Annual Balance Sheet

0.78 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 22,293 million in 2023 from 21,266 million in 2022 representing a change of 4.83%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 4,780 million in 2023 from 4,837 million in 2022 representing a change of -1.18%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 17,513 million in 2023 from 16,429 million in 2022 representing a change of 6.6%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 4,461 million in 2023 from 3,840 million in 2022 representing a change of 16.17%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 10,659 million in 2023 from 10,056 million in 2022 representing a change of 6.0%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 2,828 million in 2023 from 3,103 million in 2022 representing a change of -8.87%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 7,660 million in 2023 from 7,176 million in 2022 representing a change of 6.74%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Short Term Investments: Short Term Investments decreased to 3,529 million in 2023 from 4,120 million in 2022 representing a change of -14.33%. This indicates a decrease in short-term investment holdings.

  Total Debt: Total Debt increased to 1,821 million in 2023 from 1,583 million in 2022 representing a change of 15.03%. 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	22134547000	22292679000	-0.71
total liabilities	4860260000	4779751000	1.68
total equity	17274287000	17512928000	-1.36
cash and cash equivalents	3991419000	4677957000	-14.68
short term investments	3767672000	3529295000	6.75
long term investments	8765625000	8801295000	-0.41
total current assets	10549496000	10561801000	-0.12
total non current assets	11585051000	11730878000	-1.24
total current liabilities	2970966000	2827869000	5.06
total non current liabilities	1889294000	1951882000	-3.21
common stock	5136285000	5136285000	0.00
retained earnings	7853633000	7659960000	2.53
total debt	1980793000	1821176000	8.76

Overall Score of Quarterly Balance Sheet

0.22 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 22,135 million in 2024Q2 from 22,293 million in 2023Q4 representing a change of -0.71%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 4,860 million in 2024Q2 from 4,780 million in 2023Q4 representing a change of 1.68%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 17,274 million in 2024Q2 from 17,513 million in 2023Q4 representing a change of -1.36%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 3,991 million in 2024Q2 from 4,678 million in 2023Q4 representing a change of -14.68%. This indicates a decrease in available liquid assets.

  Total Current Assets: Total Current Assets decreased to 10,549 million in 2024Q2 from 10,562 million in 2023Q4 representing a change of -0.12%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 2,971 million in 2024Q2 from 2,828 million in 2023Q4 representing a change of 5.06%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 1,981 million in 2024Q2 from 1,821 million in 2023Q4 representing a change of 8.76%. This indicates an increase in overall debt burden.

• 📈 Positive Indicators

  Short Term Investments: Short Term Investments increased to 3,768 million in 2024Q2 from 3,529 million in 2023Q4 representing a change of 6.75%. This indicates an increase in short-term investment holdings.

  Retained Earnings: Retained Earnings increased to 7,854 million in 2024Q2 from 7,660 million in 2023Q4 representing a change of 2.53%. This indicates an accumulated profits.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
net change in cash	799639000	-277504000	388.15
operating cash flow	-290794000	1043250000	-127.87
free cash flow	-455778000	889787000	-151.22
capital expenditure	-164984000	-153463000	-7.51
depreciation and amortization	203769000	193290000	5.42
deferred income tax	0	-116102000	100.00
stock based compensation	6908000	583000	1084.91
accounts payables	-314484000	333629000	-194.26
inventory	16804000	69398000	-75.79
acquisitions net	286486000	548873000	-47.80
investments in property plant and equipment	-164984000	-153463000	-7.51
net cash used for investing activites	428413000	34003000	1159.93
debt repayment	250000000	-727935000	134.34
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-144768000	-149109000	2.91
net cash used provided by financing activities	103170000	-862573000	111.96
cash at end of period	4461089000	3840303000	16.17
accounts receivables	4908000	-131966000	103.72
cash at beginning of period	3661450000	4117807000	-11.08

Overall Score of Annual Cashflow Statement

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 800 million in 2023 from -278 million in 2022 representing a change of 388.15%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -165 million in 2023 from -153 million in 2022 representing a change of -7.51%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Payables: The absolute value of Accounts Payables decreased to 314 million in 2023 from 334 million in 2022 representing a change of -194.26%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Dividends Paid: Dividends Paid increased to -145 million in 2023 from -149 million in 2022 representing a change of 2.91%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• 📉 Negative Indicators

  Operating Cash Flow: Operating Cash Flow decreased to -291 million in 2023 from 1,043 million in 2022 representing a change of -127.87%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -456 million in 2023 from 890 million in 2022 representing a change of -151.22%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2023 from -116 million in 2022 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Stock-Based Compensation: Stock-Based Compensation increased to 7 million in 2023 from 1 million in 2022 representing a change of 1084.91%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Receivables: Accounts Receivables increased to 5 in 2023 from -132 million in 2022 representing a change of 103.72%. 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.

	2023Q4	2023Q2	Q/Q change %
0000000000
operating cash flow	669516000	-960310000	169.72
free cash flow	552682000	-960310000	157.55
capital expenditure	-116834000	0	NaN
depreciation and amortization	97078000	106691000	-9.01
deferred income tax	0	0	NaN
stock based compensation	6908000	0	NaN
accounts receivables	-1269000	0	NaN
accounts payables	0	0	NaN
inventory	16804000	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-116834000	0	NaN
net cash used for investing activites	1357355000	-332296000	508.48
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-96013000	0	NaN
net cash used provided by financing activities	-44197000	147367000	-129.99
net change in cash	2210992000	-899471000	345.81
cash at end of period	4677957000	2940832000	59.07
cash at beginning of period	2466965000	3840303000	-35.76

Overall Score of Quarterly Cashflow Statement

0.71 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 2,211 million in 2023Q4 from -899 million in 2023Q2 representing a change of 345.81%. 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 670 million in 2023Q4 from -960 million in 2023Q2 representing a change of 169.72%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 553 million in 2023Q4 from -960 million in 2023Q2 representing a change of 157.55%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -117 million in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Accounts Receivables: Accounts Receivables decreased to -1 million in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Stock-Based Compensation: Stock-Based Compensation increased to 7 million in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Dividends Paid: Dividends Paid decreased to -96 million in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

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	3.11	3.45	-9.90
net income per share	0.59	0.33	77.47
operating cash flow per share	-0.27	0.97	-127.87
free cash flow per share	-0.42	0.83	-151.22
cash per share	7.45	7.42	0.38
book value per share	16.32	15.31	6.60
tangible book value per share	16.32	15.31	6.60
shareholders equity per share	11.68	11.2	4.32
interest debt per share	1.8	1.55	15.78
market cap	1576971900	1609155000	-2.00
enterprise value	-1062941100	-647933000	-64.05
pe ratio	2.48	4.49	-44.78
price to sales ratio	0.47	0.43	8.76
pocfratio	-5.42	1.54	-451.58
pfcf ratio	-3.46	1.81	-291.32
pb ratio	0.13	0.13	-6.06
ptb ratio	0.13	0.13	-6.06
ev to sales	-0.32	-0.17	-82.07
enterprise value over ebitda	-1.26	-1.74	27.30
ev to operating cash flow	3.66	-0.62	688.55
ev to free cash flow	2.33	-0.73	420.27
earnings yield	0.4	0.22	81.09
free cash flow yield	-0.29	0.55	-152.27
debt to equity	0.15	0.13	10.27
debt to assets	0.08	0.07	9.73
net debt to ebitda	-3.14	-6.05	48.17
current ratio	3.77	3.24	16.31
interest coverage	1.06	0.25	322.39
income quality	-0.46	2.91	-115.71
dividend yield	0.09	0.09	-0.93
payout ratio	0.23	0.42	-45.29
sales general and administrative to revenue	0.12	0.12	2.61
research and ddevelopement to revenue	0.04	0.04	8.14
intangibles to total assets	0.0	0.0	-27.20
capex to operating cash flow	-0.57	0.15	-485.69
capex to revenue	0.05	0.04	19.32
capex to depreciation	0.81	0.79	1.98
stock based compensation to revenue	0.0	0.0	1215.06
graham number	12.48	9.17	36.06
roic	0.01	0.0	853.35
return on tangible assets	0.03	0.02	69.30
graham net net	3.14	4.16	-24.54
working capital	7830868000	6952757000	12.63
tangible asset value	17512103000	16428199000	6.60
net current asset value	5878986000	5218869000	12.65
invested capital	10251888000	9711407000	5.57
average receivables	781829500	1531919000	-48.96
average payables	680646000	706360000	-3.64
average inventory	329477500	392302000	-16.01
days sales outstanding	0	154.04	-100.00
days payables outstanding	81.27	111.02	-26.80
days of inventory on hand	49.96	44.82	11.47
receivables turnover	0	2.37	-100.00
payables turnover	4.49	3.29	36.61
inventory turnover	7.31	8.14	-10.29
roe	0.05	0.03	70.13
capex per share	0.15	0.14	7.51

• Negative

  ROE: Return on Equity (ROE) increased to 0.05 on 2023-12-31 from 0.03 on 2022-12-31, representing a change of 70.13%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 2.48 on 2023-12-31 from 4.49 on 2022-12-31, representing a change of -44.78%. Indicating a decrease in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 3.77 on 2023-12-31 from 3.24 on 2022-12-31, representing a change of 16.31%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.15 on 2023-12-31 from 0.13 on 2022-12-31, representing a change of 10.27%. 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 %
0882.HK
calendar year	2024	2023	NaN
revenue per share	1.7	1.41	20.71
net income per share	0.27	0.25	9.07
operating cash flow per share	None	0.62	NaN
free cash flow per share	None	0.52	NaN
cash per share	7.23	7.65	-5.46
book value per share	16.1	16.32	-1.36
tangible book value per share	15.99	16.13	-0.82
shareholders equity per share	11.66	11.68	-0.22
interest debt per share	1.9	1.76	8.21
market cap	1898802900	1576971900	20.41
enterprise value	-111823100	-1279809100	91.26
pe ratio	1.65	1.49	10.40
price to sales ratio	1.04	1.05	-0.25
pocfratio	0	2.36	-100.00
pfcf ratio	0	2.85	-100.00
pb ratio	0.15	0.13	20.68
ptb ratio	0.15	0.13	20.68
ev to sales	-0.06	-0.85	92.76
enterprise value over ebitda	-0.34	-2.45	86.07
ev to operating cash flow	0	-1.91	100.00
ev to free cash flow	0	-2.32	100.00
earnings yield	0.15	0.17	-9.42
free cash flow yield	None	0.35	NaN
debt to equity	0.16	0.15	9.01
debt to assets	0.09	0.08	9.54
net debt to ebitda	-6.15	-5.48	-12.21
current ratio	3.55	3.73	-4.93
interest coverage	2.55	0.83	209.34
income quality	0	2.53	-100.00
dividend yield	None	0.06	NaN
payout ratio	None	0.36	NaN
sales general and administrative to revenue	0	0.14	-100.00
research and ddevelopement to revenue	0.04	0.04	7.54
intangibles to total assets	0.01	0.01	-45.01
capex to operating cash flow	0	0.17	-100.00
capex to revenue	None	0.08	NaN
capex to depreciation	0	1.2	-100.00
stock based compensation to revenue	None	0.0	NaN
graham number	8.39	8.05	4.32
roic	0.01	0.0	179.34
return on tangible assets	0.01	0.01	9.37
graham net net	4.13	4.54	-8.98
working capital	7578530000	7733932000	-2.01
tangible asset value	17157604000	17299238000	-0.82
net current asset value	5689236000	5782050000	-1.61
invested capital	10322797000	10580682000	-2.44
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	88.11	101.89	-13.52
days payables outstanding	40.81	42.46	-3.88
days of inventory on hand	28.44	26.1	8.97
receivables turnover	1.02	0.88	15.63
payables turnover	2.21	2.12	4.04
inventory turnover	3.16	3.45	-8.24
roe	0.02	0.02	9.31
capex per share	None	0.11	NaN

• Negative

  ROE: Return on Equity (ROE) decreased to 0.02 on 2024-06-30 Q2 from 0.02 on 2023-12-31 Q4, representing a change of 9.31%. Suggesting that the company has not been generating high returns for its shareholders.

  Current Ratio: Current Ratio decreased to 3.55 on 2024-06-30 Q2 from 3.73 on 2023-12-31 Q4, representing a change of -4.93%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 1.65 on 2024-06-30 Q2 from 1.49 on 2023-12-31 Q4, representing a change of 10.40%. Indicating an increase in the relative valuation of the company's stock.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.16 on 2024-06-30 Q2 from 0.15 on 2023-12-31 Q4, representing a change of 9.01%. 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.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 5.06 which is higher than current price 1.93, indicates the company may be undervalued.