$West Fraser Timber (WFG.US)$It is a Canadian company listed...
$West Fraser Timber (WFG.US)$It is a Canadian company listed in 2021. It opened $62 on the day of listing. The current price is 92.4, and the return rate after listing is 49%, which is quite good. Over the past five years, gross margin has increased from 39% to 55.8%, in addition to falling to 38% in 2019. Over the past 5 years, the return on net assets has risen from 24.7% to 58.2%, with the exception of -5.7% in 2019.
Revenue, operating profit, and net profit have continued to grow over the past 5 years, with the exception of 2019. In particular, in 2021, they surged 129%, 358%, and 384%, respectively. Revenue, operating profit, and net profit declined by 2%, 15.5%, and 14% respectively in the first two quarters of 2022, and the high growth seems to have stopped.
The income statement shows that interest expenses account for 1.1% of operating profit. The burden is negligible, and there are few other profit and loss items.
In the two quarters since listing, the balance ratio declined from 26.6% to 22.6%. Accounts receivable and inventory levels are relatively normal, and the increase is far less than the increase in net profit, and profit growth is quite real.
Long-term loans of $499 million, accounting for 6.4% of net assets of $7.856 billion, and the leverage ratio is very low.
Over the past 5 years, a large percentage of net operating income has been higher than net investment, and shareholders' surpluses are high.
Currently, the price-earnings ratio is 3.4, and the price-earnings ratio is TTM 3.7. If calculated based on net profit of 600 million yuan in 2020, the price-earnings ratio is adjusted to 13, so you can choose carefully (⭐️)
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
