$Sterling Infrastructure (STRL.US)$ 🎯 April 1, 2024, curren...

New data: Q4 23, revenue, operating profit, and net income continue to grow rapidly. However, compared to the previous period, revenue has declined slightly, and profit growth is very low, showing signs of stagnation.

In 2023, revenue increased by 11.5%, operating profit increased by 28.6%, and net income attributable to the parent increased by 30.2%.

The asset-liability ratio decreased from 66.9% to 64.9%. On the asset side, cash increased significantly, while interest-bearing liabilities decreased slightly on the liability side, and deferred liabilities increased substantially.

Operating cash flow significantly exceeded investment cash flow.

Currently the pe is 25, considering the cyclical nature of the sector and signs of recent sequential growth stagnation, I will observe for now.