$LQDT.US$Excluded from the March 2022 inventory due to overa...

Launched in 2006, it is mainly an online auction business. 88.6% of the market is in the US, and the current price is 17.18.

In the past 5 years, with the exception of 2020, revenue grew at an average rate of 6.9%, and operating profit reached 27 million yuan in 2021. Net profit rose sharply to 51 million in 2021 due to income tax, and reached 40 million in 2022 due to restructuring and mergers and acquisitions revenue. Net profit of 21 million in 2023 is comparable to core profitability.

2024Q1 revenue shrank 1.3%, operating profit shrank 65%, and net profit shrank 52%.

Currently, the price-earnings ratio is 25. Considering that there has been no obvious profit growth trend recently, it is a temporary observation.