$Knowles (KN.US)$Revenue has declined amid fluctuations in r...
$Knowles(KN.US$Revenue has declined amid fluctuations in revenue over the past five years, and operating profit has fluctuated even more. Net profit was affected by impairment of 470 million dollars in capital assets. In 2022, there was a sharp loss of 430 million yuan. It is not enough to lose all of the profits of the previous four years in one fell swoop.
The current market capitalization is 1.55 billion dollars, which has reached 10 even based on the high profit point of 150 million in 2021. This valuation is too high for a company that can make a large amount of impairment.
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