$Enterprise Products (EPD.US)$In the past 5 years, revenue h...
$Enterprise Products(EPD.US$In the past 5 years, revenue has shrunk for two years in 2019 and 2020. The average growth rate was 14.8%. In addition to the 16.4% contraction in 2020, operating profit increased for 4 years, with an average growth rate of 13%. Net profit increased for 4 years in addition to the 17.1% contraction in 2020, with an average growth rate of 14.5%. Interest expenses account for 19% of operating profit in 2022, and the interest burden is heavy.
In the first half of 2023, revenue contracted 20.6%, operating profit shrank 3.7%, and net profit shrank 2.4%.
The balance ratio has basically remained at 60% over the past 5 years. The ratio and growth rate of accounts receivable and inventory are quite normal. Goodwill and other intangible assets have reached 9.479 billion yuan, accounting for 33.8% of net assets, and long-term loans of 27.443 billion yuan, accounting for 98% of net assets. If goodwill and intangible assets are deducted, the leverage ratio is very high.
Over the past five years, net operating cash flow has continued to be higher than net investment, generating a number of shareholders' surpluses.
Currently, the price-earnings ratio is 11, the price-earnings ratio is TTM 11.1, and the dividend ratio is 7%. Overall, you can choose carefully (⭐️).
Note: This stock is a PTP. As of January 1, 2023, non-US individuals will be subject to a withholding tax of 10% of the total sales amount when selling or trading US PTP securities, so it's best to avoid it.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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