$Ryerson (RYI.US)$ 🎯 2023.8.31 The current price is 30.1. I...

New data: the third quarter after 2022 and the whole year, 2023Q1 and Q2

In 2022, revenue increased by 11.4%, operating profit increased by 32%, net profit increased by 32.5%, operating profit was 17 times interest expenses, and the burden was not heavy.

In the first half of 2023, revenue shrank by 21.3%, operating profit by 75%, and net profit by 76.4%.

The balance ratio fell from 77% to 61.7% in 2022, accounts receivable and inventory both declined, 2023Q2 balance ratio increased to 65.6%, and long-term lease liabilities increased a lot.

Goodwill and other intangible assets are 198 million, long-term loans of 393 million, and net assets of 866 million. The leverage ratio is quite normal. Treasury stocks have increased rapidly and have now reached 169 million.

Net cash flow was significantly higher than net investment, and shareholder surpluses were high.

Currently, the price-earnings ratio is 2.94, and the price-earnings ratio TTM has been raised to 9.2. If the annual net profit shrinks by 75%, the price-earnings ratio will rise to 12, and the dividend ratio is currently 2.2%. Overall, it is still possible to choose carefully (⭐️)