Q: Any thoughts on this company now? Thanks
5i Research Answer:
The stock is cheap at 9X earnings, with a small 0.68% dividend. There is China risk here, but the stock has done well, up 59% in the past year. Recent earnings were good, with EPS up 66%. The balance sheet is strong, and based on consensus EPS is expected to double in 2025. Insiders own about 4%. It has completed a recent expansion in China on time and on budget. There is a reason for the low valuation here, but otherwise it is interesting. Market cap is now above $1B, which can attract new interest. We think the sector outlook is also decent.