$Ecovyst (ECVT.US)$Revenue declined in 3 out of 5 years, and...
$Ecovyst(ECVT.US$Revenue declined in 3 out of 5 years, and overall contracted sharply. In 2021, it rebounded 23.3%, and operating profit was similar, falling from 186 million to 65 million, of which it rebounded 10.6% in 2021, while net profit continued to be lost for the past two years, with a loss of 280 million yuan in 2020 and a loss of 140 million yuan in 2021.
In the first three quarters of 2022, revenue increased by 44.5%, and net profit increased to $48 million.
Currently, the price-earnings ratio is TTM 19.6. You can observe a few more quarters to confirm that profits can be stabilized before making a judgment.
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