$Coca-Cola Europacific (CCEP.US)$ 🎯 2024.3.19 Current price...

New data added: Annual Report 23.

In 2023, revenue increased 5.7%, operating profit increased 9.1%, and net profit increased 9.7%, all lower than the interim report, indicating a serious slowdown in the second half of the year. The gross margin recovered from 35.9% in 2022 to 36.7%, which is basically within the normal range.

The balance ratio fell from 74.6% to 72.7%, total assets shrank slightly, asset-side cash increased slightly, accounts receivable slightly increased, inventory declined slightly, goodwill fell slightly from 17.1 billion to 16.9 billion, and the debt side mainly fell from 10.04 billion to 9.55 billion yuan.

The net operating volume was 2.8 billion, which was significantly higher than the net investment of 940 million.

Currently, the price-earnings ratio is 17.9 and the dividend rate is 2.9%. The valuation is in a high position within a reasonable range, and no adjustments will be made for the time being.