$Danaos (DAC.US)$🎯 2023.7.31 The current price is 71.1, and...

New data: The third quarter and the whole year after 2022, 2023Q1

In 2022, revenue increased by 44.1% and operating profit increased by 72%. Since net profit reached 1.05 billion last year due to other revenue of 760 million yuan, this year's net profit of 560 million yuan is down 46.9% from last year. In fact, core profit still increased a lot. Interest expenses accounted for 9.6% of operating profit in 2022, with an average interest burden.

In 2023Q1, revenue increased 6%, and operating profit increased 9.1%. Net profit was 220 million from securities sales last year, but there was none this year, so there was a decline of 55.9%, which is not a change in core profitability.

The balance ratio fell from 42.4% to 24.7% in 2022, and fell further to 22.7% in 2023Q1. The ratio of receivables and inventories was not high. Long-term loans were 396 million yuan, accounting for 14.7% of net assets of 2.69 billion yuan, and the leverage ratio was not high.

Over the past five years, net cash flow and net investment have continued to be higher than net investment, and shareholder surpluses are large.

Currently, the price-earnings ratio is 2.6, the price-earnings ratio TTM has risen slightly to 3.8, and the dividend ratio is 4.25%. You can still choose (⭐️⭐️)