$Power Integrations (POWI.US)$Excluded from the analysis in ...

Listed in 1997, mainly engaged in the business of power components, with 60% of the market in Hong Kong, the current price is 71.5.

Revenue increased in the first three years in the past five years, and shrank in the last two years. Operating profit increased in the middle three years, and shrank in the first and last two years. Net income was greatly affected by fluctuations in other income and income tax. There was no interest burden in the past five years. The gross margin in the past five years was around 51%, except for a surge to 56.4% in 2022. The return on net assets in 2023 was 7.4%.

The current PE ratio is 73.7, even if calculated based on the high point of 0.19 billion in 2019, the PE ratio reaches 21.4. Considering that the net income does not have a stable growth trend, it is not very attractive.