$ZIM Integrated Shipping (ZIM.US)$🎯 2023.5.4 review, curren...

New data: Full year 2022

In 2022, revenue increased by 17.1%, operating profit increased by 5%, and net profit declined slightly by 0.43%.

The increase in operating profit lags behind the increase in revenue mainly because costs have increased too fast. Although expenses have not increased slowly, the impact on overall profit is small because the base is small. Interest expenses were reduced from 166 million to 148 million, mainly due to a sharp increase in the interest income portion, that is, there is too much idle capital, either debt repayment or dividends. It is expected that later dividends will still be quite a bit.

Accounts receivable fell a lot in 2022, from $1,222 million to $800 million. Inventory was scarce, and long-term loans were only $80 million.

Currently, the price-earnings ratio is 0.42, the net market ratio is 0.33, and the dividend rate is 170%. You can still continue to buy.