$Target Hospitality (TH.US)$🎯 On December 13, 2023, the cur...

New data: Q2 and Q3 of 2023, revenue contracted by 8.5% in Q3, while operating profit and net income continued to maintain high growth.

Revenue in the first three quarters of 2023 increased by 25.1%, operating profit increased by 76.5%, and net income increased by 2.2 times. The proportion of interest expense to operating profit dropped to 9%, greatly reducing the burden.

The asset-liability ratio has dropped significantly from 74% at the beginning of the year to 51.4%. Long-term loans have been replaced by short-term loans of 0.208 billion, accounting for 61.5% of the net assets of 0.338 billion. The leverage ratio is somewhat high.

The operating net cash flow in Q2 and Q3 significantly exceeded the net investment amount, resulting in certain shareholder surplus.

Currently, the pe ratio is 13.3, and the TTM pe ratio has dropped to 6.3. If the net income reaches 0.18 billion for the whole year, the pe ratio will decrease to 5.5, so you can choose (⭐️⭐️).