$BlueLinx Holdings (BXC.US)$🎯 2024.4.1 The current price is...

New data: 23Q3 and 23Q4. Revenue and operating profit continued to shrink sharply, and net profit lost in Q4 due to special expenses.

In 2023, revenue shrank by 29.5%, operating profit by 68.5%, and net profit by 83.6%.

The balance ratio fell from 60.4% to 58.8%. Cash on the asset side increased by 220 million, accounts receivable and inventory declined, and there was little change on the debt side.

Net cash flow was significantly higher than net investment, and shareholder surpluses were high.

Currently, the price-earnings ratio is 24.2, and the five-year average net profit of 140 million yuan corresponds to a price-earnings ratio of 8.1 million. The valuation is still within a reasonable range, and no adjustments have been made yet.