$TDCX Inc (TDCX.US)$ 🎯 2023.12.19 The current price is 4.29...

New data: 23Q2, 23Q3. Revenue increased first and then fell, operating profit continued to shrink, and net profit continued to grow.

Revenue increased by 2.5% in the first three quarters of 2023, operating profit shrank by 7% due to increased expenses, and net profit increased 10.3% due to a sharp reduction in income tax.

The balance ratio fell to 14.6% from 17.1% at the beginning of the year. Cash increased and accounts receivable declined, the ratio was slightly higher.

Net cash flow in the first three quarters significantly exceeded net investment, and shareholder surpluses were high.

Currently, the price-earnings ratio is 8.1, and the price-earnings ratio is TTM 7.4. The valuation is quite reasonable, and there is no need for adjustments yet.