Fuyao Glass Industry Group Co., Ltd. - 3606.HK

3606.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 %
3606.HK	-1.3	-4.5	-4.7	-8.2	13.4	41.9	15.1	110.3	173.4	173.4
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 ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	3606.HK
name	Fuyao Glass Industry Group Co., Ltd.
price	51.95
changes percentage	-1.3295
change	-0.7
day low	51.85
day high	52.95
year high	58.9
year low	34.4
market cap	158325318172
price avg 50	53.581
price avg 200	48.359
exchange	HKSE
volume	2379500
avg volume	1873786
open	52.65
previous close	52.65
eps	2.84
pe	18.29
earnings announcement	2025-03-14T12:00:00.000+0000
shares outstanding	3047648088
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: 80.3%

Overall Quarterly Financial Health: 66.7%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
revenue	33160996640	28098754166	18.02
gross profit	11736670500	9563309032	22.73
gross profit ratio	0.35	0.34	3.99
research and development expenses	1403030121	1248592812	12.37
operating expenses	4945385379	4665891438	5.99
interest income	614002388	262733645	133.70
interest expense	-11043588	288122259	-103.83
ebitda	8921296103	7668643126	16.33
ebitdaratio	0.27	0.29	-7.72
operating income	6791285122	5661372785	19.96
operating income ratio	0.2	0.2	1.65
net income	5629256054	4755595541	18.37
net income ratio	0.17	0.17	0.30
eps	2.16	1.86	16.13

Overall Score of Annual Income Statement

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 33,161 million in 2023 from 28,099 million in 2022 representing a change of 18.02%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 11,737 million in 2023 from 9,563 million in 2022 representing a change of 22.73%. 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 1,403 million in 2023 from 1,249 million in 2022 representing a change of 12.37%. 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 8,921 million in 2023 from 7,669 million in 2022 representing a change of 16.33%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 6,791 million in 2023 from 5,661 million in 2022 representing a change of 19.96%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 5,629 million in 2023 from 4,756 million in 2022 representing a change of 18.37%. 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 2.16 in 2023 from 2.16 in 2022 representing a change of 16.13%. 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 4,945 million in 2023 from 4,666 million in 2022 representing a change of 5.99%. 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.

	2024Q3	2024Q2	Q/Q change %
0000000000
revenue	9973781592	9504065521	4.94
gross profit	3868032577	3585732911	7.87
gross profit ratio	0.39	0.38	2.79
research and development expenses	430511583	408208949	5.46
operating expenses	1506885492	1387383281	8.61
interest income	318871297	193114761	65.12
interest expense	247667080	0	NaN
ebitda	2586489438	2343780670	10.36
ebitdaratio	0.26	0.25	4.09
operating income	2361147085	2428447716	-2.77
operating income ratio	0.24	0.26	-7.35
net income	1980178502	2110780272	-6.19
net income ratio	0.2	0.22	-10.61
eps	0.76	0.81	-6.17

Overall Score of Quarterly Income Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 9,974 million in 2024Q3 from 9,504 million in 2024Q2 representing a change of 4.94%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 3,868 million in 2024Q3 from 3,586 million in 2024Q2 representing a change of 7.87%. 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 431 million in 2024Q3 from 408 million in 2024Q2 representing a change of 5.46%. 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 2,586 million in 2024Q3 from 2,344 million in 2024Q2 representing a change of 10.36%. The increase in EBITDA indicates improved operational efficiency and profitability.

• 📉 Negative Indicators

  Operating Expenses: Operating Expenses increased to 1,507 million in 2024Q3 from 1,387 million in 2024Q2 representing a change of 8.61%. 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.

  Operating Income: Operating income decreased to 2,361 million in 2024Q3 from 2,428 million in 2024Q2 representing a change of -2.77%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 1,980 million in 2024Q3 from 2,111 million in 2024Q2 representing a change of -6.19%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.76 in 2024Q3 from 0.76 in 2024Q2 representing a change of -6.17%. This indicates that the company's earnings are decreasing and it is becoming less 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	56630407495	50767498791	11.55
total liabilities	25219085168	21779200663	15.79
total equity	31411322327	28988298128	8.36
cash and cash equivalents	18518172689	17019655848	8.80
short term investments	5740618	7396158	-22.38
long term investments	272592774	320210898	-14.87
total current assets	33536371292	29677907370	13.00
total non current assets	23094036203	21089591421	9.50
total current liabilities	15102799113	17360373707	-13.00
total non current liabilities	10116286055	4418826956	128.94
common stock	2609743532	2609743532	0.00
retained earnings	18938755963	12989794025	45.80
total debt	14333821409	11705663084	22.45

Overall Score of Annual Balance Sheet

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 56,630 million in 2023 from 50,767 million in 2022 representing a change of 11.55%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 31,411 million in 2023 from 28,988 million in 2022 representing a change of 8.36%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 18,518 million in 2023 from 17,020 million in 2022 representing a change of 8.8%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 33,536 million in 2023 from 29,678 million in 2022 representing a change of 13.0%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 15,103 million in 2023 from 17,360 million in 2022 representing a change of -13.0%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 18,939 million in 2023 from 12,990 million in 2022 representing a change of 45.8%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 25,219 million in 2023 from 21,779 million in 2022 representing a change of 15.79%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 6 million in 2023 from 7 million in 2022 representing a change of -22.38%. This indicates a decrease in short-term investment holdings.

  Total Debt: Total Debt increased to 14,334 million in 2023 from 11,706 million in 2022 representing a change of 22.45%. This indicates an increase in overall debt burden.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
total assets	61333832136	60104352350	2.05
total liabilities	27948019052	28487985917	-1.90
total equity	33385813084	31616366433	5.60
cash and cash equivalents	19760594738	19478569617	1.45
short term investments	5296772	4098732	29.23
long term investments	376246394	381077205	-1.27
total current assets	36089876276	35518956874	1.61
total non current assets	25243955860	24585395476	2.68
total current liabilities	17803941831	18136063017	-1.83
total non current liabilities	10144077221	10351922900	-2.01
common stock	2609743532	2609743532	0.00
retained earnings	17093281091	15113102589	13.10
total debt	14897004163	17468893001	-14.72

Overall Score of Quarterly Balance Sheet

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 61,334 million in 2024Q3 from 60,104 million in 2024Q2 representing a change of 2.05%. Suggesting a growth in asset holdings.

  Total Liabilities: Total Liabilities decreased to 27,948 million in 2024Q3 from 28,488 million in 2024Q2 representing a change of -1.9%. This indicates a decrease in overall liabilities.

  Total Equity: Total Equity increased to 33,386 million in 2024Q3 from 31,616 million in 2024Q2 representing a change of 5.6%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 19,761 million in 2024Q3 from 19,479 million in 2024Q2 representing a change of 1.45%. This indicates an increase in available liquid assets.

  Short Term Investments: Short Term Investments increased to 5 million in 2024Q3 from 4 million in 2024Q2 representing a change of 29.23%. This indicates an increase in short-term investment holdings.

  Total Current Assets: Total Current Assets increased to 36,090 million in 2024Q3 from 35,519 million in 2024Q2 representing a change of 1.61%. This indicates a better liquidity position.

  Total Current Liabilities: Total Current Liabilities decreased to 17,804 million in 2024Q3 from 18,136 million in 2024Q2 representing a change of -1.83%. This indicates a lower short-term debt burden.

  Retained Earnings: Retained Earnings increased to 17,093 million in 2024Q3 from 15,113 million in 2024Q2 representing a change of 13.1%. This indicates an accumulated profits.

  Total Debt: Total Debt decreased to 14,897 million in 2024Q3 from 17,469 million in 2024Q2 representing a change of -14.72%. This indicates a reduction 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	1113388083	-2087460605	153.34
operating cash flow	7624580890	5893041655	29.38
free cash flow	3149869791	2762788268	14.01
capital expenditure	-4474711099	-3130253387	-42.95
depreciation and amortization	2223294997	2085771015	6.59
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	1158638442	-100.00
inventory	230609935	-1107600709	120.82
acquisitions net	0	0	NaN
investments in property plant and equipment	-4474711099	-3130253387	-42.95
net cash used for investing activites	-4448932314	-7656009186	41.89
debt repayment	1623579262	-1466346609	210.72
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-3596607894	-2907622437	-23.70
net cash used provided by financing activities	-2280344222	-1235883949	-84.51
cash at end of period	13351249638	12237861555	9.10
accounts receivables	-2780290232	-1158638442	-139.96
cash at beginning of period	12237861555	14325322160	-14.57

Overall Score of Annual Cashflow Statement

0.86 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 1,113 million in 2023 from -2,087 million in 2022 representing a change of 153.34%. 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 7,625 million in 2023 from 5,893 million in 2022 representing a change of 29.38%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 3,150 million in 2023 from 2,763 million in 2022 representing a change of 14.01%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -4,475 million in 2023 from -3,130 million in 2022 representing a change of -42.95%. 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 0 million in 2023 from 1,159 million in 2022 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

  Accounts Receivables: Accounts Receivables decreased to -2,780 million in 2023 from -1,159 million in 2022 representing a change of -139.96%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Dividends Paid: Dividends Paid decreased to -3,597 million in 2023 from -2,908 million in 2022 representing a change of -23.7%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q3	2024Q2	Q/Q change %
0000000000
operating cash flow	0	2025062404	-100.00
free cash flow	-1367136826	666772587	-305.04
capital expenditure	-1367136826	-1358289817	-0.65
depreciation and amortization	0	1146664512	-100.00
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-1154400912	100.00
accounts payables	0	0	NaN
inventory	0	-406181371	100.00
acquisitions net	0	0	NaN
investments in property plant and equipment	-1367136826	-1358289817	-0.65
net cash used for investing activites	-1710788420	-2877517212	40.55
debt repayment	-928051679	1151243453	-180.61
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-154466043	-3412115145	95.47
net cash used provided by financing activities	-1108714827	-2003024530	44.65
net change in cash	-76422043	-2800518329	97.27
cash at end of period	12460340950	12536762993	-0.61
cash at beginning of period	12536762993	15337281322	-18.26

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 -76 million in 2024Q3 from -2,801 million in 2024Q2 representing a change of 97.27%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -1,367 million in 2024Q3 from -1,358 million in 2024Q2 representing a change of -0.65%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Dividends Paid: Dividends Paid increased to -154 million in 2024Q3 from -3,412 million in 2024Q2 representing a change of 95.47%. 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 0 million in 2024Q3 from 2,025 million in 2024Q2 representing a change of -100.0%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to -1,367 million in 2024Q3 from 667 million in 2024Q2 representing a change of -305.04%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q3 from -1,154 million in 2024Q2 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	12.72	10.77	18.18
net income per share	2.16	1.82	18.54
operating cash flow per share	2.93	2.26	29.56
free cash flow per share	1.21	1.06	14.17
cash per share	7.11	6.52	8.94
book value per share	12.05	11.11	8.51
tangible book value per share	11.49	10.57	8.68
shareholders equity per share	12.05	11.11	8.47
interest debt per share	5.5	4.6	19.58
market cap	97443464748.18	91523705667.24	6.47
enterprise value	93259113468.18	86209712903.24	8.18
pe ratio	17.31	19.25	-10.06
price to sales ratio	2.94	3.26	-9.79
pocfratio	12.78	15.53	-17.71
pfcf ratio	30.94	33.13	-6.62
pb ratio	3.1	3.16	-1.71
ptb ratio	3.1	3.16	-1.71
ev to sales	2.81	3.07	-8.34
enterprise value over ebitda	10.45	10.5	-0.42
ev to operating cash flow	12.23	14.63	-16.39
ev to free cash flow	29.61	31.2	-5.12
earnings yield	0.06	0.05	11.18
free cash flow yield	0.03	0.03	7.08
debt to equity	0.46	0.4	13.05
debt to assets	0.25	0.23	9.77
net debt to ebitda	-0.47	-0.65	27.51
current ratio	2.22	1.71	29.89
interest coverage	-614.95	19.65	-3229.66
income quality	1.35	1.24	9.24
dividend yield	0.04	0.03	29.44
payout ratio	0.64	0.55	16.43
sales general and administrative to revenue	0.02	0.02	14.93
research and ddevelopement to revenue	0.04	0.04	-4.78
intangibles to total assets	0.03	0.03	-5.84
capex to operating cash flow	0.59	0.53	10.49
capex to revenue	0.13	0.11	21.13
capex to depreciation	1.77	1.5	18.20
stock based compensation to revenue	0	0	NaN
graham number	24.2	21.35	13.39
roic	0.12	0.11	10.11
return on tangible assets	0.1	0.1	5.94
graham net net	-1.58	1.23	-228.80
working capital	18433572179	12317533663	49.65
tangible asset value	29940519334	27587946802	8.53
net current asset value	8317286124	7898706707	5.30
invested capital	40254211406	31872705883	26.30
average receivables	3504193332.5	6382126646.5	-45.09
average payables	4838348180.5	3650966213.5	32.52
average inventory	5273487837.5	4865204420.5	8.39
days sales outstanding	0	91.04	-100.00
days payables outstanding	94.09	81.79	15.04
days of inventory on hand	87.63	106.4	-17.64
receivables turnover	0	4.01	-100.00
payables turnover	3.88	4.46	-13.07
inventory turnover	4.17	3.43	21.42
roe	0.18	0.16	9.28
capex per share	1.72	1.2	43.15

• Positive

  ROE: Return on Equity (ROE) increased to 0.18 on 2023-12-31 from 0.16 on 2022-12-31, representing a change of 9.28%. Suggesting the company has been generating high returns for its shareholders.

  Current Ratio: Current Ratio increased to 2.22 on 2023-12-31 from 1.71 on 2022-12-31, representing a change of 29.89%. 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.

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 17.31 on 2023-12-31 from 19.25 on 2022-12-31, representing a change of -10.06%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.46 on 2023-12-31 from 0.40 on 2022-12-31, representing a change of 13.05%. 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

	2024-09-30 Q3	2024-06-30 Q2	Q/Q change %
3606.HK
calendar year	2024	2024	NaN
revenue per share	3.82	3.61	5.78
net income per share	0.76	0.81	-6.19
operating cash flow per share	1.07	0.84	28.02
free cash flow per share	0.55	0.32	72.95
cash per share	7.57	7.47	1.45
book value per share	12.79	12.38	3.31
tangible book value per share	12.15	11.74	3.54
shareholders equity per share	12.8	12.11	5.63
interest debt per share	5.8	7.88	-26.38
market cap	151887073562.4	124589156217.68	21.91
enterprise value	147023482987.4	125594690595.68	17.06
pe ratio	19.18	14.76	29.95
price to sales ratio	15.23	13.21	15.25
pocfratio	54.28	57.0	-4.77
pfcf ratio	106.12	150.55	-29.51
pb ratio	4.55	3.94	15.41
ptb ratio	4.55	3.94	15.41
ev to sales	14.74	13.32	10.67
enterprise value over ebitda	56.84	39.39	44.31
ev to operating cash flow	52.54	57.46	-8.56
ev to free cash flow	102.72	151.76	-32.31
earnings yield	0.01	0.02	-23.05
free cash flow yield	0.01	0.01	41.86
debt to equity	0.45	0.65	-31.15
debt to assets	0.24	0.34	-28.73
net debt to ebitda	-1.88	0.32	-696.29
current ratio	2.03	1.96	3.50
interest coverage	9.53	23.68	-59.75
income quality	1.41	1.04	36.47
dividend yield	0.0	0.03	-96.29
payout ratio	0.08	1.62	-95.17
sales general and administrative to revenue	0.17	-0.05	485.93
research and ddevelopement to revenue	0.04	0.04	5.24
intangibles to total assets	0.03	0.03	-2.90
capex to operating cash flow	0.49	0.62	-21.38
capex to revenue	0.14	0.14	-4.85
capex to depreciation	0	2.04	-100.00
stock based compensation to revenue	0	0	NaN
graham number	14.78	14.85	-0.45
roic	0.04	0.04	5.74
return on tangible assets	0.03	0.04	-8.14
graham net net	0.81	0.79	3.43
working capital	18285934445	17382893857	5.19
tangible asset value	31718820813	30634287390	3.54
net current asset value	8141857224	7731237728	5.31
invested capital	42119732655	40531573380	3.92
average receivables	9925205860	9673903439.5	2.60
average payables	3907557345.5	2752953810.5	41.94
average inventory	5773529406	5502441028.5	4.93
days sales outstanding	87.87	96.52	-8.96
days payables outstanding	36.84	79.83	-53.85
days of inventory on hand	88.47	83.28	6.23
receivables turnover	1.02	0.93	9.85
payables turnover	2.44	1.13	116.68
inventory turnover	1.02	1.08	-5.87
roe	0.06	0.07	-11.19
capex per share	0.52	0.52	0.65

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 19.18 on 2024-09-30 Q3 from 14.76 on 2024-06-30 Q2, representing a change of 29.95%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 2.03 on 2024-09-30 Q3 from 1.96 on 2024-06-30 Q2, representing a change of 3.50%. 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 0.45 on 2024-09-30 Q3 from 0.65 on 2024-06-30 Q2, representing a change of -31.15%. 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) ⓘ

Negative Sentiment: Discounted Cash Flow value is 40.47 which is lower than current price 51.95, indicates the company may be overvalued.