$REX American Resources (REX.US)$In the past 5 years, revenu...
$REX American Resources (REX.US)$In the past 5 years, revenue has shrunk amid fluctuations in the previous 4 years, and doubled to 0.775 billion in 2022. Operating profit reversed losses to 0.069 billion in 2022, and net profit reached 0.062 billion yuan.
Revenue continued to grow by 16.4% in the first three quarters of 2022, but gross margin fell sharply, operating profit fell 52%, and net profit fell only 13.3% due to interest income.
Currently, the price-earnings ratio is 11.2 and the price-earnings ratio is 14.2. Although revenue is still growing, gross margin has returned to a low level and is unattractive.
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