Kingboard Laminates Holdings Limited - 1888.HK

1888.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 %
1888.HK	1.6	1.8	16.4	11.2	-2.6	46.7	-44.9	-20.0	164.7	-13.4
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	1888.HK
name	Kingboard Laminates Holdings Limited
price	7.73
changes percentage	1.5769
change	0.12
day low	7.52
day high	7.79
year high	9.48
year low	4.54
market cap	24117600000
price avg 50	7.1774
price avg 200	7.2003
exchange	HKSE
volume	4277000
avg volume	3912804
open	7.52
previous close	7.61
eps	0.39
pe	19.82
earnings announcement	2025-03-17T10:59:00.000+0000
shares outstanding	3120000000
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: 32.7%

Overall Quarterly Financial Health: 56.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	16750248000	22363680000	-25.10
gross profit	2677123000	5089442000	-47.40
gross profit ratio	0.16	0.23	-29.77
research and development expenses	0	0	NaN
operating expenses	1218003000	1457368000	-16.42
interest income	35644000	31204000	14.23
interest expense	273694000	146198000	87.21
ebitda	2366726000	4285016000	-44.77
ebitdaratio	0.14	0.2	-28.65
operating income	1459120000	3632074000	-59.83
operating income ratio	0.09	0.16	-46.36
net income	907402000	1909169000	-52.47
net income ratio	0.05	0.09	-36.54
eps	0.29	0.61	-52.46

Overall Score of Annual Income Statement

0.29 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 16,750 million in 2023 from 22,364 million in 2022 representing a change of -25.1%. This indicates a sales shrinking, which is a negative sign for the company.

  Gross Profit: Gross Profit decreased to 2,677 million in 2023 from 5,089 million in 2022 representing a change of -47.4%. This indicates a sales profitability decline, which is a negative sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 2,367 million in 2023 from 4,285 million in 2022 representing a change of -44.77%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Operating Income: Operating income decreased to 1,459 million in 2023 from 3,632 million in 2022 representing a change of -59.83%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Earnings per Share (EPS): EPS increased to 0.29 in 2023 from 0.29 in 2022 representing a change of -52.46%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Operating Expenses: Operating Expenses decreased to 1,218 million in 2023 from 1,457 million in 2022 representing a change of -16.42%. 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.

  Net Income: Net income increased to 907 million in 2023 from 1,909 million in 2022 representing a change of -52.47%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
revenue	8638244000	8640335000	-0.02
gross profit	1704498000	1379273000	23.58
gross profit ratio	0.2	0.16	23.61
research and development expenses	0	0	NaN
operating expenses	587926000	607192000	-3.17
interest income	13966000	18009000	-22.45
interest expense	160571000	147732000	8.69
ebitda	1561366000	1211549000	28.87
ebitdaratio	0.18	0.14	28.43
operating income	1116572000	772081000	44.62
operating income ratio	0.13	0.09	44.65
net income	727797000	485158000	50.01
net income ratio	0.08	0.06	50.05
eps	0.23	0.16	43.75

Overall Score of Quarterly Income Statement

0.71 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 8,638 million in 2024Q2 from 8,640 million in 2023Q4 representing a change of -0.02%. This indicates a sales shrinking, which is a negative sign for the company.

  Operating Income: Operating income decreased to 1,117 million in 2024Q2 from 772 million in 2023Q4 representing a change of 44.62%. The decrease in operating income indicates worse operational performance and decreased profitability.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 1,704 million in 2024Q2 from 1,379 million in 2023Q4 representing a change of 23.58%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 588 million in 2024Q2 from 607 million in 2023Q4 representing a change of -3.17%. 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 1,561 million in 2024Q2 from 1,212 million in 2023Q4 representing a change of 28.87%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Net Income: Net income increased to 728 million in 2024Q2 from 485 million in 2023Q4 representing a change of 50.01%. 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 0.23 in 2024Q2 from 0.23 in 2023Q4 representing a change of 43.75%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	23562884000	24299812000	-3.03
total liabilities	8587647000	9227821000	-6.94
total equity	14975237000	15071991000	-0.64
cash and cash equivalents	753993000	3289953000	-77.08
short term investments	1681470000	576123000	191.86
long term investments	1719099000	2218372000	-22.51
total current assets	13816935000	13721293000	0.70
total non current assets	9745949000	10578519000	-7.87
total current liabilities	5595311000	4707566000	18.86
total non current liabilities	2992336000	4520255000	-33.80
common stock	312000000	312000000	0.00
retained earnings	9634782000	9829986000	-1.99
total debt	4453032000	4876232000	-8.68

Overall Score of Annual Balance Sheet

0.44 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 23,563 million in 2023 from 24,300 million in 2022 representing a change of -3.03%. Suggesting a decrease in asset holdings.

  Total Equity: Total Equity decreased to 14,975 million in 2023 from 15,072 million in 2022 representing a change of -0.64%. This indicates a decrease in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 754 million in 2023 from 3,290 million in 2022 representing a change of -77.08%. This indicates a decrease in available liquid assets.

  Total Current Liabilities: Total Current Liabilities increased to 5,595 million in 2023 from 4,708 million in 2022 representing a change of 18.86%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 9,635 million in 2023 from 9,830 million in 2022 representing a change of -1.99%. This indicates an accumulated losses.

• 📈 Positive Indicators

  Total Liabilities: Total Liabilities decreased to 8,588 million in 2023 from 9,228 million in 2022 representing a change of -6.94%. This indicates a decrease in overall liabilities.

  Short Term Investments: Short Term Investments increased to 1,681 million in 2023 from 576 million in 2022 representing a change of 191.86%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 13,817 million in 2023 from 13,721 million in 2022 representing a change of 0.7%. This indicates a better liquidity position.

  Total Debt: Total Debt decreased to 4,453 million in 2023 from 4,876 million in 2022 representing a change of -8.68%. This indicates a reduction in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
total assets	24665320000	23562884000	4.68
total liabilities	9407888000	8587647000	9.55
total equity	15257432000	14975237000	1.88
cash and cash equivalents	2761388000	2027179000	36.22
short term investments	1627946000	1681470000	-3.18
long term investments	1679335000	1719099000	-2.31
total current assets	15293388000	13816935000	10.69
total non current assets	9371932000	9745949000	-3.84
total current liabilities	6931206000	5595311000	23.88
total non current liabilities	2476682000	2992336000	-17.23
common stock	312000000	312000000	0.00
retained earnings	9993620000	9634782000	3.72
total debt	5711289000	4930625000	15.83

Overall Score of Quarterly Balance Sheet

0.56 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 24,665 million in 2024Q2 from 23,563 million in 2023Q4 representing a change of 4.68%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 15,257 million in 2024Q2 from 14,975 million in 2023Q4 representing a change of 1.88%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 2,761 million in 2024Q2 from 2,027 million in 2023Q4 representing a change of 36.22%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 15,293 million in 2024Q2 from 13,817 million in 2023Q4 representing a change of 10.69%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 9,994 million in 2024Q2 from 9,635 million in 2023Q4 representing a change of 3.72%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 9,408 million in 2024Q2 from 8,588 million in 2023Q4 representing a change of 9.55%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 1,628 million in 2024Q2 from 1,681 million in 2023Q4 representing a change of -3.18%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 6,931 million in 2024Q2 from 5,595 million in 2023Q4 representing a change of 23.88%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 5,711 million in 2024Q2 from 4,931 million in 2023Q4 representing a change of 15.83%. This indicates an increase in overall 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	-1262774000	425064000	-397.08
operating cash flow	823721000	5526326000	-85.09
free cash flow	197116000	3374665000	-94.16
capital expenditure	-626605000	-2151661000	70.88
depreciation and amortization	900106000	796858000	12.96
deferred income tax	-2257247000	2965599000	-176.11
stock based compensation	48750000	48000000	1.56
accounts payables	-226065000	-22050000	-925.24
inventory	-155732000	760055000	-120.49
acquisitions net	61760000	46217000	33.63
investments in property plant and equipment	-626605000	-2151661000	70.88
net cash used for investing activites	-739325000	-2361345000	68.69
debt repayment	57054000	1685098000	-96.61
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-1092000000	-4680000000	76.67
net cash used provided by financing activities	-1320734000	-3089034000	57.24
cash at end of period	2027179000	3289953000	-38.38
accounts receivables	-26488000	3869310000	-100.68
cash at beginning of period	3289953000	2864889000	14.84

Overall Score of Annual Cashflow Statement

0.25 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -1,263 million in 2023 from 425 million in 2022 representing a change of -397.08%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow decreased to 824 million in 2023 from 5,526 million in 2022 representing a change of -85.09%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 197 million in 2023 from 3,375 million in 2022 representing a change of -94.16%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure increased to -627 million in 2023 from -2,152 million in 2022 representing a change of 70.88%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 49 million in 2023 from 48 million in 2022 representing a change of 1.56%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables increased to 226 million in 2023 from 22 million in 2022 representing a change of -925.24%. This indicates that the company has increased its outstanding obligations to its suppliers.

• 📈 Positive Indicators

  Accounts Receivables: Accounts Receivables decreased to -26 million in 2023 from 3,869 million in 2022 representing a change of -100.68%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to -1,092 million in 2023 from -4,680 million in 2022 representing a change of 76.67%. This indicates a stronger financial position, more confidence in future prospects, and a better commitment to returning value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2023Q4	2023Q2	Q/Q change %
0000000000
operating cash flow	1321114000	-497393000	365.61
free cash flow	720332000	-497393000	244.82
capital expenditure	-600782000	0	NaN
depreciation and amortization	443906000	456200000	-2.69
deferred income tax	0	0	NaN
stock based compensation	48750000	0	NaN
accounts receivables	120968000	0	NaN
accounts payables	0	0	NaN
inventory	-155732000	0	NaN
acquisitions net	0	0	NaN
investments in property plant and equipment	-600782000	0	NaN
net cash used for investing activites	-472318000	-267007000	-76.89
debt repayment	0	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-1092000000	0	NaN
net cash used provided by financing activities	-2020207000	699473000	-388.82
net change in cash	-1197847000	-64927000	-1744.91
cash at end of period	2027179000	3225026000	-37.14
cash at beginning of period	3225026000	3289953000	-1.97

Overall Score of Quarterly Cashflow Statement

0.43 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Net Change in Cash: Net Change in Cash decreased to -1,198 million in 2023Q4 from -65 million in 2023Q2 representing a change of -1744.91%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.

  Stock-Based Compensation: Stock-Based Compensation increased to 49 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.

  Accounts Receivables: Accounts Receivables increased to 121 in 2023Q4 from 0 million in 2023Q2 representing a change of nan%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -1,092 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.

• 📈 Positive Indicators

  Operating Cash Flow: Operating Cash Flow increased to 1,321 million in 2023Q4 from -497 million in 2023Q2 representing a change of 365.61%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 720 million in 2023Q4 from -497 million in 2023Q2 representing a change of 244.82%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -601 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.

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	5.37	7.17	-25.10
net income per share	0.29	0.61	-52.47
operating cash flow per share	0.26	1.77	-85.09
free cash flow per share	0.06	1.08	-94.16
cash per share	0.78	1.24	-37.00
book value per share	4.8	4.83	-0.64
tangible book value per share	4.8	4.83	-0.64
shareholders equity per share	4.79	4.82	-0.65
interest debt per share	1.51	1.61	-5.89
market cap	19375200000	26769600000	-27.62
enterprise value	23074239000	28355879000	-18.63
pe ratio	21.35	14.02	52.28
price to sales ratio	1.16	1.2	-3.37
pocfratio	23.52	4.84	385.58
pfcf ratio	98.29	7.93	1139.12
pb ratio	1.3	1.78	-27.15
ptb ratio	1.3	1.78	-27.15
ev to sales	1.38	1.27	8.64
enterprise value over ebitda	9.75	6.62	47.33
ev to operating cash flow	28.01	5.13	445.93
ev to free cash flow	117.06	8.4	1293.13
earnings yield	0.05	0.07	-34.33
free cash flow yield	0.01	0.13	-91.93
debt to equity	0.3	0.32	-8.08
debt to assets	0.19	0.2	-5.82
net debt to ebitda	1.56	0.37	322.20
current ratio	2.47	2.91	-15.28
interest coverage	5.33	24.84	-78.54
income quality	0.91	2.89	-68.64
dividend yield	0.06	0.17	-67.76
payout ratio	1.2	2.45	-50.91
sales general and administrative to revenue	0.05	0.04	12.17
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0.0	-48.44
capex to operating cash flow	0.76	0.39	95.38
capex to revenue	0.04	0.1	-61.12
capex to depreciation	0.7	2.7	-74.22
stock based compensation to revenue	0.0	0.0	35.60
graham number	5.6	8.15	-31.28
roic	0.06	0.1	-46.01
return on tangible assets	0.04	0.08	-50.99
graham net net	0.18	0.27	-33.33
working capital	8221624000	9013727000	-8.79
tangible asset value	14974999000	15071515000	-0.64
net current asset value	5229288000	4493472000	16.38
invested capital	16244867000	17370999000	-6.48
average receivables	6799821500	8671871500	-21.59
average payables	1354617500	1545904000	-12.37
average inventory	2729138000	2892250500	-5.64
days sales outstanding	153.86	106.72	44.17
days payables outstanding	32.95	30.4	8.40
days of inventory on hand	73.79	55.21	33.66
receivables turnover	2.37	3.42	-30.64
payables turnover	11.08	12.01	-7.75
inventory turnover	4.95	6.61	-25.18
roe	0.06	0.13	-52.16
capex per share	0.2	0.69	-70.88

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 21.35 on 2023-12-31 from 14.02 on 2022-12-31, representing a change of 52.28%. Indicating an increase in the relative valuation of the company's stock.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.30 on 2023-12-31 from 0.32 on 2022-12-31, representing a change of -8.08%. 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.

• Neutral

  Current Ratio: Current Ratio decreased to 2.47 on 2023-12-31 from 2.91 on 2022-12-31, representing a change of -15.28%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
1888.HK
calendar year	2024	2023	NaN
revenue per share	2.77	2.77	-0.02
net income per share	0.23	0.16	50.01
operating cash flow per share	None	0.42	NaN
free cash flow per share	None	0.23	NaN
cash per share	1.41	1.19	18.35
book value per share	4.89	4.8	1.88
tangible book value per share	4.89	4.8	1.88
shareholders equity per share	4.88	4.79	1.88
interest debt per share	1.88	1.63	15.63
market cap	26208000000	19375200000	35.27
enterprise value	29157901000	22278646000	30.88
pe ratio	9.0	9.98	-9.83
price to sales ratio	3.03	2.24	35.30
pocfratio	0	14.67	-100.00
pfcf ratio	0	26.9	-100.00
pb ratio	1.72	1.3	32.77
ptb ratio	1.72	1.3	32.77
ev to sales	3.38	2.58	30.91
enterprise value over ebitda	18.67	18.39	1.56
ev to operating cash flow	0	16.86	-100.00
ev to free cash flow	0	30.93	-100.00
earnings yield	0.03	0.03	10.90
free cash flow yield	None	0.04	NaN
debt to equity	0.37	0.33	13.70
debt to assets	0.23	0.21	10.66
net debt to ebitda	1.89	2.4	-21.16
current ratio	2.21	2.47	-10.65
interest coverage	6.95	5.23	33.06
income quality	0	2.72	-100.00
dividend yield	None	0.06	NaN
payout ratio	None	2.25	NaN
sales general and administrative to revenue	0	0.04	-100.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.0	0.0	-4.47
capex to operating cash flow	0	0.45	-100.00
capex to revenue	None	0.07	NaN
capex to depreciation	0	1.35	-100.00
stock based compensation to revenue	None	0.01	NaN
graham number	5.06	4.09	23.62
roic	0.04	0.03	34.56
return on tangible assets	0.03	0.02	43.31
graham net net	0.74	0.03	2521.28
working capital	8362182000	8221624000	1.71
tangible asset value	15257194000	14974999000	1.88
net current asset value	5885500000	5229288000	12.55
invested capital	16050947000	16244867000	-1.19
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	82.22	49.12	67.39
days payables outstanding	10.21	15.75	-35.19
days of inventory on hand	36.57	35.46	3.13
receivables turnover	1.09	1.83	-40.26
payables turnover	8.82	5.71	54.29
inventory turnover	2.46	2.54	-3.03
roe	0.05	0.03	47.25
capex per share	None	0.19	NaN

• Negative

  ROE: Return on Equity (ROE) increased to 0.05 on 2024-06-30 Q2 from 0.03 on 2023-12-31 Q4, representing a change of 47.25%. 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 9.00 on 2024-06-30 Q2 from 9.98 on 2023-12-31 Q4, representing a change of -9.83%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 2.21 on 2024-06-30 Q2 from 2.47 on 2023-12-31 Q4, representing a change of -10.65%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.37 on 2024-06-30 Q2 from 0.33 on 2023-12-31 Q4, representing a change of 13.70%. 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 8.68 which is higher than current price 7.73, indicates the company may be undervalued.