$Arch Resources (ARCH.US)$ 🎯 2024.4.4 The current price is ...

New data: In 23Q4, revenue, operating profit, and net profit continued to shrink.

In 2023, revenue shrank 15.5%, operating profit shrank 50.7%, and net profit shrank 65.1%.

The balance ratio fell from 43.9% to 40.4%, total assets increased slightly, and net assets increased. On the asset side, there was mainly a slight increase in cash and fixed assets, and a slight decline in interest-bearing loans on the debt side.

Net cash flow from operations is much higher than net investment, and the shareholder surplus ratio is very high.

Currently, the price-earnings ratio is 6.5, and the 5-year average net profit of 400 million corresponds to a price-earnings ratio of 7.1 million and a dividend ratio of 5%. The valuation is still low, so you can be careful to increase your positions.