China Hongqiao Group Limited - CHHQF

CHHQF 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 %
CHHQF	0	0	0	0.6	44.3	119.1	71.1	50.9	50.9	50.9
S&P 500	1.0	3.7	2.1	2.3	8.2	25.4	31.0	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	CHHQF
name	China Hongqiao Group Limited
price	1.66
changes percentage	0
change	0
day low	1.66
day high	1.66
year high	1.71
year low	0.75775
market cap	15729396400
price avg 50	1.663
price avg 200	1.35525
exchange	PNK
volume	100
avg volume	18
open	1.66
previous close	1.66
eps	0.26
pe	6.38
earnings announcement	2025-03-20T10:59:00.000+0000
shares outstanding	9475540000
timestamp	2025-01-17 00:00:00

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: 56.3%

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	133623632000	131699427000	1.46
gross profit	20954597000	18239300000	14.89
gross profit ratio	0.16	0.14	13.23
research and development expenses	1006363000	986162000	2.05
operating expenses	6714512000	3539126000	89.72
interest income	869818000	558175000	55.83
interest expense	3267938000	3019544000	8.23
ebitda	26344437000	22577161000	16.69
ebitdaratio	0.2	0.17	13.47
operating income	14121998000	15932339000	-11.36
operating income ratio	0.11	0.12	-12.64
net income	11460678000	8701953000	31.70
net income ratio	0.09	0.07	29.81
eps	1.2	0.94	27.66

Overall Score of Annual Income Statement

0.5 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 133,624 million in 2023 from 131,699 million in 2022 representing a change of 1.46%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 20,955 million in 2023 from 18,239 million in 2022 representing a change of 14.89%. This indicates a sales profitability growth, which is a positive sign for the company.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 26,344 million in 2023 from 22,577 million in 2022 representing a change of 16.69%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Earnings per Share (EPS): EPS increased to 1.2 in 2023 from 1.2 in 2022 representing a change of 27.66%. 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 1,006 million in 2023 from 986 million in 2022 representing a change of 2.05%. This shows that the company decreased investment in innovation and product development, which is not a good sign for long-term growth.

  Operating Expenses: Operating Expenses increased to 6,715 million in 2023 from 3,539 million in 2022 representing a change of 89.72%. 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 14,122 million in 2023 from 15,932 million in 2022 representing a change of -11.36%. The decrease in operating income indicates worse operational performance and decreased profitability.

  Net Income: Net income decreased to 11,461 million in 2023 from 8,702 million in 2022 representing a change of 31.7%. The decrease in net income shows worsen profitability and indicates that the company is generating less 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	73592249000	67889762000	8.40
gross profit	17744211000	15022024000	18.12
gross profit ratio	0.24	0.22	8.97
research and development expenses	920736000	25161000	3559.38
operating expenses	3741028000	2621161000	42.72
interest income	0	1222567000	-100.00
interest expense	0	0	NaN
ebitda	18337259000	15909516000	15.26
ebitdaratio	0.25	0.23	6.33
operating income	14003183000	12400863000	12.92
operating income ratio	0.19	0.18	4.17
net income	9154911000	9004055000	1.68
net income ratio	0.12	0.13	-6.20
eps	0.97	0.91	6.59

Overall Score of Quarterly Income Statement

0.88 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 73,592 million in 2024Q2 from 67,890 million in 2023Q4 representing a change of 8.4%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 17,744 million in 2024Q2 from 15,022 million in 2023Q4 representing a change of 18.12%. 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 921 million in 2024Q2 from 25 million in 2023Q4 representing a change of 3559.38%. 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 18,337 million in 2024Q2 from 15,910 million in 2023Q4 representing a change of 15.26%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 14,003 million in 2024Q2 from 12,401 million in 2023Q4 representing a change of 12.92%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 9,155 million in 2024Q2 from 9,004 million in 2023Q4 representing a change of 1.68%. 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 0.97 in 2024Q2 from 0.97 in 2023Q4 representing a change of 6.59%. 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 3,741 million in 2024Q2 from 2,621 million in 2023Q4 representing a change of 42.72%. 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.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2023	2022	Y/Y change %
0000000000
total assets	200320085000	185741791000	7.85
total liabilities	94063640000	89436014000	5.17
total equity	106256445000	96305777000	10.33
cash and cash equivalents	31721122000	27384542000	15.84
short term investments	0	2122000	-100.00
long term investments	26654969000	14336144000	85.93
total current assets	87394963000	87567690000	-0.20
total non current assets	112925122000	98174101000	15.03
total current liabilities	74029126000	71373124000	3.72
total non current liabilities	20034514000	18062890000	10.92
common stock	618881000	618881000	0.00
retained earnings	0	59017901000	-100.00
total debt	63864424000	59737809000	6.91

Overall Score of Annual Balance Sheet

0.33 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 200,320 million in 2023 from 185,742 million in 2022 representing a change of 7.85%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 106,256 million in 2023 from 96,306 million in 2022 representing a change of 10.33%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 31,721 million in 2023 from 27,385 million in 2022 representing a change of 15.84%. This indicates an increase in available liquid assets.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 94,064 million in 2023 from 89,436 million in 2022 representing a change of 5.17%. This indicates an increase in overall liabilities.

  Short Term Investments: Short Term Investments decreased to 0 million in 2023 from 2 million in 2022 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Assets: Total Current Assets decreased to 87,395 million in 2023 from 87,568 million in 2022 representing a change of -0.2%. This indicates a worsen liquidity position.

  Total Current Liabilities: Total Current Liabilities increased to 74,029 million in 2023 from 71,373 million in 2022 representing a change of 3.72%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 0 million in 2023 from 59,018 million in 2022 representing a change of -100.0%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 63,864 million in 2023 from 59,738 million in 2022 representing a change of 6.91%. 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	213707665000	200320085000	6.68
total liabilities	103632190000	94063640000	10.17
total equity	110075475000	106256445000	3.59
cash and cash equivalents	37501630000	31721122000	18.22
short term investments	0	0	NaN
long term investments	27978861000	26654969000	4.97
total current assets	96982268000	87394963000	10.97
total non current assets	116725397000	112925122000	3.37
total current liabilities	76469447000	74029126000	3.30
total non current liabilities	27162743000	20034514000	35.58
common stock	618881000	618881000	0.00
retained earnings	72540663000	47871717000	51.53
total debt	69454860000	63864424000	8.75

Overall Score of Quarterly Balance Sheet

0.62 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 213,708 million in 2024Q2 from 200,320 million in 2023Q4 representing a change of 6.68%. Suggesting a growth in asset holdings.

  Total Equity: Total Equity increased to 110,075 million in 2024Q2 from 106,256 million in 2023Q4 representing a change of 3.59%. This indicates an increase in shareholders' equity.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 37,502 million in 2024Q2 from 31,721 million in 2023Q4 representing a change of 18.22%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 96,982 million in 2024Q2 from 87,395 million in 2023Q4 representing a change of 10.97%. This indicates a better liquidity position.

  Retained Earnings: Retained Earnings increased to 72,541 million in 2024Q2 from 47,872 million in 2023Q4 representing a change of 51.53%. This indicates an accumulated profits.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 103,632 million in 2024Q2 from 94,064 million in 2023Q4 representing a change of 10.17%. This indicates an increase in overall liabilities.

  Total Current Liabilities: Total Current Liabilities increased to 76,469 million in 2024Q2 from 74,029 million in 2023Q4 representing a change of 3.3%. This indicates a higher short-term debt burden.

  Total Debt: Total Debt increased to 69,455 million in 2024Q2 from 63,864 million in 2023Q4 representing a change of 8.75%. 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	4336580000	-21842740000	119.85
operating cash flow	22402302000	7621836000	193.92
free cash flow	15131532000	-2659208000	669.02
capital expenditure	-7270770000	-10281044000	29.28
depreciation and amortization	7186035000	6951059000	3.38
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts payables	0	-2929117000	100.00
inventory	3233686000	-14292291000	122.63
acquisitions net	-3006976000	-3203339000	6.13
investments in property plant and equipment	-6046330000	-10281044000	41.19
net cash used for investing activites	-17888513000	-16772532000	-6.65
debt repayment	2708852000	-1848176000	246.57
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	-4368578000	-9023408000	51.59
net cash used provided by financing activities	-199576000	-12790446000	98.44
cash at end of period	31721122000	27384542000	15.84
accounts receivables	-857579000	2929117000	-129.28
cash at beginning of period	27384542000	49227282000	-44.37

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 4,337 million in 2023 from -21,843 million in 2022 representing a change of 119.85%. 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 22,402 million in 2023 from 7,622 million in 2022 representing a change of 193.92%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 15,132 million in 2023 from -2,659 million in 2022 representing a change of 669.02%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2023 from 2,929 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 -858 million in 2023 from 2,929 million in 2022 representing a change of -129.28%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

  Dividends Paid: Dividends Paid increased to -4,369 million in 2023 from -9,023 million in 2022 representing a change of 51.59%. 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 -7,271 million in 2023 from -10,281 million in 2022 representing a change of 29.28%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q2	2023Q4	Q/Q change %
0000000000
operating cash flow	14263699000	15315281000	-6.87
free cash flow	8703305000	12044950000	-27.74
capital expenditure	-5560394000	-3270331000	-70.03
depreciation and amortization	3564077000	3586502000	-0.63
deferred income tax	0	0	NaN
stock based compensation	0	0	NaN
accounts receivables	0	-857579000	100.00
accounts payables	0	0	NaN
inventory	0	3233686000	-100.00
acquisitions net	0	-3006976000	100.00
investments in property plant and equipment	-5560394000	-3270331000	-70.03
net cash used for investing activites	-6461570000	-11828229000	45.37
debt repayment	5377171000	0	NaN
common stock issued	0	0	NaN
common stock repurchased	0	0	NaN
dividends paid	0	-4368578000	100.00
net cash used provided by financing activities	-2062821000	-1414781000	-45.80
net change in cash	37501630000	1944387000	1828.71
cash at end of period	37501630000	31721122000	18.22
cash at beginning of period	0	29776735000	-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 37,502 million in 2024Q2 from 1,944 million in 2023Q4 representing a change of 1828.71%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Capital Expenditure: Capital Expenditure decreased to -5,560 million in 2024Q2 from -3,270 million in 2023Q4 representing a change of -70.03%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Dividends Paid: Dividends Paid increased to 0 million in 2024Q2 from -4,369 million in 2023Q4 representing a change of 100.0%. 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 14,264 million in 2024Q2 from 15,315 million in 2023Q4 representing a change of -6.87%. This indicates that the company generated less cash from its core business operations.

  Free Cash Flow: Free Cash Flow decreased to 8,703 million in 2024Q2 from 12,045 million in 2023Q4 representing a change of -27.74%. This indicates a decrease in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024Q2 from -858 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	13.93	14.16	-1.61
net income per share	1.2	0.94	27.72
operating cash flow per share	2.34	0.82	185.03
free cash flow per share	1.58	-0.29	651.81
cash per share	3.31	2.95	12.32
book value per share	11.08	10.36	7.00
tangible book value per share	11.05	9.5	16.23
shareholders equity per share	9.62	9.09	5.86
interest debt per share	7.0	6.75	3.74
market cap	55521414624.45	60516314616.12	-8.25
enterprise value	87664716624.45	92869581616.12	-5.60
pe ratio	4.84	6.95	-30.34
price to sales ratio	0.42	0.46	-9.57
pocfratio	2.48	7.94	-68.79
pfcf ratio	3.67	-22.76	116.12
pb ratio	0.6	0.72	-15.96
ptb ratio	0.6	0.72	-15.96
ev to sales	0.66	0.71	-6.96
enterprise value over ebitda	3.33	4.11	-19.10
ev to operating cash flow	3.91	12.18	-67.88
ev to free cash flow	5.79	-34.92	116.59
earnings yield	0.21	0.14	43.55
free cash flow yield	0.27	-0.04	720.22
debt to equity	0.69	0.71	-2.07
debt to assets	0.32	0.32	-0.87
net debt to ebitda	1.22	1.43	-14.86
current ratio	1.18	1.23	-3.78
interest coverage	4.32	5.28	-18.10
income quality	1.41	0.6	133.18
dividend yield	0.08	0.15	-47.23
payout ratio	0.38	1.04	-63.24
sales general and administrative to revenue	0.04	0.05	-17.73
research and ddevelopement to revenue	0.01	0.01	0.58
intangibles to total assets	0.0	0.04	-96.24
capex to operating cash flow	0.32	1.35	-75.94
capex to revenue	0.05	0.08	-30.30
capex to depreciation	1.01	1.48	-31.59
stock based compensation to revenue	0	0	NaN
graham number	16.08	13.83	16.28
roic	0.06	0.08	-19.41
return on tangible assets	0.06	0.05	17.10
graham net net	-3.87	-3.82	-1.32
working capital	13365837000	16194566000	-17.47
tangible asset value	105935314000	88385102000	19.86
net current asset value	-6668677000	-1868324000	-256.93
invested capital	93562643000	92884158000	0.73
average receivables	10809310000	15048609500	-28.17
average payables	13279639000	16823109000	-21.06
average inventory	35613037500	29986362500	18.76
days sales outstanding	30.18	29.29	3.02
days payables outstanding	37.74	47.97	-21.33
days of inventory on hand	110.01	119.89	-8.24
receivables turnover	12.09	12.46	-2.93
payables turnover	9.67	7.61	27.12
inventory turnover	3.32	3.04	8.98
roe	0.12	0.1	20.64
capex per share	0.76	1.11	-31.42

• ROE:

• Negative

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 4.84 on 2023-12-31 from 6.95 on 2022-12-31, representing a change of -30.34%. Indicating a decrease in the relative valuation of the company's stock.

• Neutral

  Current Ratio: Current Ratio decreased to 1.18 on 2023-12-31 from 1.23 on 2022-12-31, representing a change of -3.78%. 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.

• Positive

  Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.69 on 2023-12-31 from 0.71 on 2022-12-31, representing a change of -2.07%. 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.

• Quarterly Financial Ratios

	2024-06-30 Q2	2023-12-31 Q4	Q/Q change %
CHHQF
calendar year	2024	2023	NaN
revenue per share	7.77	6.89	12.63
net income per share	0.97	0.91	5.64
operating cash flow per share	1.51	1.56	-3.23
free cash flow per share	0.92	1.22	-24.92
cash per share	3.96	3.22	22.83
book value per share	11.61	10.79	7.63
tangible book value per share	11.58	9.78	18.39
shareholders equity per share	10.53	9.37	12.38
interest debt per share	7.33	6.49	13.00
market cap	102790241356.47	57012598587.39	80.29
enterprise value	134743471356.47	89155900587.39	51.13
pe ratio	2.81	1.58	77.32
price to sales ratio	1.4	0.84	66.32
pocfratio	7.21	3.72	93.59
pfcf ratio	11.81	4.73	149.52
pb ratio	1.03	0.62	66.69
ptb ratio	1.03	0.62	66.69
ev to sales	1.83	1.31	39.42
enterprise value over ebitda	7.35	5.6	31.12
ev to operating cash flow	9.45	5.82	62.27
ev to free cash flow	15.48	7.4	109.16
earnings yield	0.09	0.16	-43.61
free cash flow yield	0.08	0.21	-59.92
debt to equity	0.7	0.69	0.55
debt to assets	0.32	0.32	1.94
net debt to ebitda	1.74	2.02	-13.75
current ratio	1.27	1.18	7.43
interest coverage	0	0	NaN
income quality	1.56	1.7	-8.40
dividend yield	0	0.08	-100.00
payout ratio	0	0.49	-100.00
sales general and administrative to revenue	0.03	0.03	5.54
research and ddevelopement to revenue	0.01	0.0	3275.82
intangibles to total assets	0.0	0.05	-96.99
capex to operating cash flow	0.39	0.21	82.56
capex to revenue	0.08	0.05	56.85
capex to depreciation	1.56	0.91	71.10
stock based compensation to revenue	0	0	NaN
graham number	15.13	13.88	8.96
roic	0.05	0.06	-2.98
return on tangible assets	0.04	0.05	-9.29
graham net net	-4.04	-3.77	-7.31
working capital	20512821000	13365837000	53.47
tangible asset value	109756741000	96319638000	13.95
net current asset value	-6649922000	-6668677000	0.28
invested capital	102266683000	94607808000	8.10
average receivables	None	None	NaN
average payables	None	None	NaN
average inventory	None	None	NaN
days sales outstanding	17.05	14.65	16.41
days payables outstanding	21.63	19.83	9.07
days of inventory on hand	56.02	57.81	-3.10
receivables turnover	5.28	6.14	-14.10
payables turnover	4.16	4.54	-8.32
inventory turnover	1.61	1.56	3.20
roe	0.09	0.1	-6.00
capex per share	0.59	0.33	76.66

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 2.81 on 2024-06-30 Q2 from 1.58 on 2023-12-31 Q4, representing a change of 77.32%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.27 on 2024-06-30 Q2 from 1.18 on 2023-12-31 Q4, representing a change of 7.43%. 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 0.70 on 2024-06-30 Q2 from 0.69 on 2023-12-31 Q4, representing a change of 0.55%. 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) ⓘ

None