$Ingersoll Rand (IR.US)$Mergers and acquisitions were carrie...

Operating profit was affected by the double surge in costs and expenses. Instead, it declined by 9.3% in 2020. Costs and expenses were controlled in 2021. Operating profit increased sharply by 97% to 620 million, and increased by another 27% in the first 3 quarters of 2022.

Net profit was affected by losses from restructuring and mergers and acquisitions. There was a loss of 32 million yuan in 2020, then returned to normal in 2021. Net profit reached 565 million, and increased by 44% to 390 million in the first three quarters of 2022.

Currently, the price-earnings ratio is 42, and the price-earnings ratio TTM has dropped to 34. The valuation is within a reasonable range and is not very attractive.