$ZIM Integrated Shipping (ZIM.US)$🎯 Review on 2023.5.4, cur...

New data: Full year 2022

In 2022, revenue increased by 17.1%, operating profit increased by 5%, and net income slightly decreased by 0.43%.

The slower growth in operating profit compared to revenue growth is mainly due to the rapid increase in costs. Although expenses also increased, the impact on overall profit is relatively small due to the small base. Interest expenses decreased from 0.166 billion to 0.148 billion, mainly due to a significant increase in interest income, indicating excess idle funds. Either debt repayment or issuing dividends is expected, so there should be significant dividends ahead.

In 2022, accounts receivable decreased significantly, from 1.222 billion to 0.8 billion, with very little inventory and long-term loans of only 0.08 billion.

Currently, the PE ratio is 0.42, the PB ratio is 0.33, the dividend yield is 170%, so it is still advisable to continue buying.