$Heritage Global (HGBL.US)$It was listed in 2020 to dispose ...
$Heritage Global(HGBL.US$It was listed in 2020 to dispose of non-performing assets. Revenue did not change much in the first two years after listing. In 2022, it soared by 81.9%, operating profit increased by 66.3% in 2022 to 4.14 million, and net profit affected by equity income reached 1155 million in 2022.
In the first two quarters of 2023, revenue increased by 45.5%, operating profit increased to 6.31 million, and net profit reached 5.61 million.
Currently, the price-earnings ratio is 7.7, and the price-earnings ratio is TTM6.8, but if equity income is removed, the maximum net profit is 4 million, and the corresponding price-earnings ratio is 30. If the annual net profit reaches 12 million, the price-earnings ratio will drop to 10. It's not high in terms of valuation, but the current scale is still too small.
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