$Keysight Technologies (KEYS.US)$🎯 2023.12.20 The current p...

New data: 23Q3 and 23Q4, net profit declined for two consecutive months

In 2023, revenue increased 0.8%, operating profit increased 1.8%, profit before tax increased 5.6%, net profit shrank 6% due to income tax fluctuations, there was no interest burden, and the return on net assets for the whole year was 24%. The average growth rate in the past 3 years has declined to 21%.

The balance ratio fell from 48.6% to 46.4%, cash increased by 21%, accounts receivable did not change much, and inventory increased by 14.8%. The ratios were all normal.

Goodwill was $1.64 billion, accounting for 35% of the net assets of $4.654 billion. Long-term loans fell from $1,793 million to $1,195 billion, while short-term loans increased by $600 million, while there was $2,472 billion in cash on the books.

Treasury shares increased from $2,274 million to $2.98 billion, but no shares were written off.

Net cash flow surpassed net investment by a large margin, and shareholder surpluses were high.

Currently, the price-earnings ratio is 26.86, and there is still a certain discount compared to the growth rate, so you can choose carefully (⭐️)