$Teekay (TK.US)$The Bermuda company, which was listed in 199...

In the past 5 years, revenue declined sharply for the first 4 years. In 2022, it recovered 74.4% to the 2020 level. Operating profit was lost in 2021. The remaining 4 years were profitable. Net profit was only in 2020 and 2022. After deducting the net profit of minority shareholders, common shareholders only made profit in 2022, and the cumulative net profit for 5 years was a loss. Interest expenses in 2022 accounted for 13.4% of operating profit, and the interest burden was not high. Return on net assets 13.8%.

In the first three quarters of 2023, revenue increased 41.3%, operating profit increased 4 times, and net profit increased 7.8 times to 400 million. After deducting minority shareholders' income, only 115 million remained.

Currently, the price-earnings ratio is 10.3 and the price-earnings ratio is TTM5. If the annual revenue reaches 150 million, the 5-year cumulative earnings will still be a slight loss. The net price-earnings ratio is 1, and the valuation is not very attractive.