$UFP Industries (UFPI.US)$It is an American company that lis...

Over the past five years, gross profit margin has risen from 13.8% to 16.3%, and return on equity has risen from 13% to 30%.

Revenue (except 2019), operating profit and net profit have maintained growth over the past five years, especially by 68% and 118% respectively in 2021. On such a high base, it is amazing that the first two quarters of 2022 increased by 19%, 45.5% and 46.6%, respectively.

The income statement shows that interest expenses account for 1.5% of operating profit, and the burden is negligible. There is no other profit or loss, and the income statement is clean.

Over the past five years, the asset-liability ratio rose from 33.5% to 45.5% and then fell back to 35.6%.

The ratio of accounts receivable to inventory is normal and the growth rate is not high.

Long-term borrowing of 276 million accounts for 12% of net assets of 2.325 billion, with a low leverage ratio.

The statement of cash flows is more interesting, although the net operating volume has increased rapidly, the net investment has also increased significantly, and the shareholders' surplus is not much.

Current ratio 2.9, quick ratio 1.5, cash flow is relatively safe.

The current price-to-earnings ratio of 10.3, price-to-earnings ratio of TTM8.6, taking into account the cyclical wood is also relatively strong, the entire sector soared in 2021, the current price-to-earnings ratio is not attractive enough.