$ZIM Integrated Shipping (ZIM.US)$ ZIM, Star Shipping, is an...

ZIM, Star Shipping, is an Israeli shipping company that went public in January 2021 with an issue price of $15. In March 2022, the stock price reached $79, then fell and rebounded to the current $70. The gross margin increased from 22% in 2020 to 56.5% in 2021.In 2021, the return on net assets reached 191%, a very high level. The dividend yield in 2021 also reached an amazing 28%.

The income statement shows that interest expense accounts for 3% of revenue, which is a very low level. The content is very clean, and the profit and loss in other categories are negligible.

Growth was maintained in Q1 2022, and the month-on-month increase continued steadily.

The current asset-liability ratio is 65%, and accounts receivable accounts for 13% of revenue. The quality of current assets is very good. Fixed assets are $5.44 billion, mainly consisting of the fleet, and the quality of non-current assets is also good.

The current P/E ratio is1.81If calculated based on the average net income of 10.1 over the past 5 years, the current PE ratio is8.3。

Considering it is a new stock, it is advisable to choose cautiously (⭐️)