$Jakks Pacific (JAKK.US)$ As of March 26, 2024, the current ...

Additional data: Q2, Q3, Q4 of 2023. The revenue has been declining continuously since Q4 of 2022, showing signs of the declining trend coming to an end. The recent two quarters of shrinkage are both less than 5%, operating profit turned losses in Q2 and Q3, but turned into losses in Q4 due to the shrinkage in revenue, similar to net income.

In 2023, revenue shrank by 10.6%, operating profit shrank by 3.5% due to the increase in gross margin, pre-tax net income shrank by 10.4%, affected by fluctuations in income tax, post-tax net income shrank by 58% to 0.038 billion.

The asset-liability ratio decreased from 63.8% to 52.3%, accounts receivable increased from 0.105 billion to 0.126 billion, inventory decreased from 0.081 billion to 0.053 billion, showing a positive change. The interest-bearing loans on the liability side have been repaid, which will significantly reduce interest expenses.

Cash flow from operations is significantly higher than net investment, and the proportion of shareholder surplus is very high.

Currently the PE is 6.5, considering that the recent contraction is significantly affected by the lagging impact of income tax, the debt situation has improved significantly, so it can be cautiously chosen (⭐️).