$Ecolab (ECL.US)$After reaching a high point in 2019, revenu...
$Ecolab (ECL.US)$After reaching a high point in 2019, revenue declined significantly by 21% in 2020. It rebounded slightly by 8% in 2021. Operating profit also experienced a significant decline of 29% in 2020, followed by a slight rebound of 8% in 2021. Net income, on the other hand, suffered a substantial loss of 1.19 billion in 2020, but recovered to a profit of 1.14 billion in 2021. The loss in 2020 was due to the discontinuation of operations resulting in a loss of 2.2 billion.
The current P/E ratio is 37.3, lacking support from growth data.
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Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.