$Ensign (ENSG.US)$🎯 2024.4.10 The current price is 119.18, ...

New data: 23Q2, 23Q3, 23Q4. Revenue continued to grow. Operating profit shrank in both Q2 and Q4 due to a sharp rise in sales and management expenses. Q4 shrank sharply to 69.6%, and net profit shrank 64% in Q4

Revenue increased by 23.3% in 2023, operating profit shrank 14% due to a sharp increase in sales and management expenses, net profit shrank by only 6.6% due to other non-operating income, the average 5-year net profit growth rate fell to 17.6%, and the average growth rate in the past 3 years fell to 7.1%.

The balance ratio increased slightly from 63.8% to 64.2%, and both total assets and net assets increased significantly. The asset side is mainly an increase in cash, accounts receivable, and fixed assets, while the debt side is mainly an increase in long-term rental liabilities and other interest-free liabilities.

Net operating cash flow was twice the net investment amount, generating shareholder surpluses.

Currently, the price-earnings ratio is 32.6, and the growth rate ratio has exceeded a reasonable range, so it is possible to withdraw profitably.