$American Axle & Mfg (AXL.US)$It is an American company that...

逍遥投资派 commented on a stock · Sep 18, 2022 22:24

$American Axle & Mfg (AXL.US)$It is an American company that was listed in 1999. Revenue began to decline in 2019 and partially recovered in 2021. The operating profit curve was similar to revenue, but due to interest expenses of up to 200 million yuan and capital assets depreciated by 5.6 billion dollars from 2018 to 2020, the net profit lost from 2018 to 2020, and the loss was slightly reversed in 2021.

In the first two quarters of 2022, revenue increased by 6.1%, operating profit fell 26%, and net profit fell 56%. There was no fundamental change in overall profitability, which was excluded.

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