$Noble (NE.US)$Launched in 2021, global market, current pric...

In 2022, revenue was 1.41 billion, operating profit was 220 million, and net profit was 170 million. Interest expenses accounted for 12.6 percent of operating profit, and the interest burden was slightly heavy. The return on net assets is 6.6%, which is relatively low.

In the first three quarters of 2023, revenue increased 1.5 times, operating profit increased 4 times, and net profit increased 8.8 times to reach 330 million.

The balance ratio has now declined to 27.3%. The receivables ratio is quite normal. There is no goodwill. Long-term loans of 586 million yuan, accounting for 15.3% of the net assets of 3,833 million yuan, and the leverage ratio is not high.

Currently, it has 245 million dollars in cash, a current ratio of 2, and a quick ratio of 1.8, which is relatively healthy.

5 In recent quarters, net operating cash flow was generally higher than net investment, generating some shareholders' surpluses.

Currently, the price-earnings ratio is 27.7, the price-earnings ratio is TTM 13.4, the net price-earnings ratio is 1.8, and the dividend ratio is 0.6%. Considering that it is still a cyclical industry, wait and see.