$Alpha Metallurgical (AMR.US)$ 🎯 On November 28, 2023, the ...

New data: Q2, Q3, revenue, operating profit, and net income have all continued to decline in the past four quarters.

Revenue shrank by 23.4% in the first three quarters of 2023, operating profit shrank by 52.7%, and net income shrank by 55.4% to 0.55 billion, with no interest burden.

The asset-liability ratio decreased from 38.2% at the beginning of the year to 33.8%. The proportion and growth rate of accounts receivable and inventory are normal, and intangible assets have only increased by 0.049 billion. Short-term and long-term borrowings are almost zero.

In the past three quarters, operating net income has significantly exceeded investment net income, resulting in substantial shareholder surplus.

The current PE ratio is 3.5, PE ratio TTM is 5.5. If the net income reaches 0.73 billion for the whole year, the PE ratio will be 5. The 5-year average net income will increase to 3.4, corresponding to a PE ratio of 10.8. Considering the healthy balance sheet, it is still advisable to choose carefully (⭐️).