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$The Joint (JYNT.US)$Revenue continued to grow rapidly for 5...

$The Joint(JYNT.US)$Revenue continued to grow rapidly for 5 years, with an average growth rate of 32.6% and a growth rate of 26% in 2022; gross margin continued to grow for 5 years, from 88.2% to 90.4%; operating profit was mainly affected by expenses. After reaching a high of 5.44 million in 2020, it continued to decline for 2 years to 1.18 million; net profit declined continuously for 2 years to 1.18 million after reaching a high of 13.17 million in 2020. Net interest rate reached 22.4% in 2020 and 1.2% in 2022. Overall, it appears to be a labor-intensive enterprise, greatly affected by fluctuations in labor costs.
In 2023Q1, revenue increased by 26.8%, operating profit became a loss, and net profit was 2.3 million due to non-operating income.
Currently, the price-earnings ratio is 166.6, and the price-earnings ratio TTM has dropped to 55.4. Considering the continued deterioration in core profits, it is currently not very attractive.
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