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Is it reasonable for 111 Inc (YI.US), which has achieved operational profitability for three consecutive quarters with a revenue of 2 billion dollars, to have a market cap of only 70 million dollars?
For a company with annual revenue of about 2 billion USD and profitability, is it reasonable for the Market Cap to be only 67.68 million USD? This is a question raised by the well-known research institution, Water Tower Research, regarding the valuation of 111 Inc (YI.US).
China Central Economic Work Conference: A Key Indicator for Future Market Trends
Tonight, Chinese concepts soared! The nasdaq Golden Dragon index surged by 10%, while fangdd network doubled directly.
Some analysis indicates that the Political Bureau meeting first mentioned stabilizing the stock and real estate markets, and the US stock market quickly rallied on china assets. The 3x Long FTSE china etf surged over 26%, the 2x Long china internet plus-related stocks rose over 22%, the 2x Long FTSE china 50 ETF increased over 17%, and the 2x Long 300etf gained nearly 15%.
China Will Adopt a "Moderately Accommodative" Monetary Policy in the Next Year, The First Shift to Easing Since 2011
ADRs Advance; 111 Inc. Climbs 50%
111, Inc. (YI) Q3 2024 Earnings Call Transcript
