RE:RE:RE:RE:Signs Collaborative Agreement with Ping An Insurance Mgmt forecasting has not been great. Now it has found a way to grow revenues but not profitability so far. Who cares if you add a gazillion dollars in revenue if it is zero margin revenue. Market is in wait-and-see mode. Next 2 quarters should indicate if they are growing the revenues streams that are proftiable vs. the lousy margin business of logistics.
| | Q1 2021 (actual) | Q2 2021 (actual) | H2 2021 (est) | 2021 (forecast) |
| Revenue | 14,239,776 | 30,649,179 | 64,111,045 | 109,000,000 |
| Ebitda | 121,737 | 1,043,482 | 10,134,781 | 11,300,000 |
| Margin | 0.85% | 3.40% | 15.81% | 10.37% |
| October 2018 forecast | 2020 | 2021 | | |
| Revenue | 39,683,000 | 94,265,000 | | |
| ebitda | 20,057,000 | 56,558,000 | | |
| Ebitda margin | 50.5% | 60.0% | | |
| | | | | |
| February 2020 forecast | 2020 | 2021 | 2022 | |
| Revenue | 40,000,000 | 55,000,000 | 80,000,000 | |
| ebitda | 4,000,000 | 22,000,000 | 55,000,000 | |
| Ebitda margin | 10.0% | 40.0% | 68.8% | |
| | | | | |
| July 2021 forecast | | 2021 | 2022 | 2023 |
| Revenue | | 104,000,000 | 305,000,000 | 624,000,000 |
| ebitda | | 12,500,000 | 59,000,000 | 155,000,000 |
| Ebitda margin | | 12.0% | 19.3% | 24.8% |
| Net income | | 5,600,000 | 36,100,000 | 102,300,000 |
| | | 5.4% | 11.8% | 16.4% |
| | | | | |
| October 2021 forecast | | 2021 | 2022 | 2023 |
| Revenue | | 109,000,000 | 345,000,000 | 814,000,000 |
| ebitda | | 11,300,000 | 81,800,000 | 295,700,000 |
| Ebitda margin | | 10.4% | 23.7% | 36.3% |
| Net income | | 4,400,000 | 51,400,000 | 204,500,000 |
| | | 4.0% | 14.9% | 25.1% |
mhc27 wrote:
Can anyone truly explain this stock? On the surface, it looks like it is doing extremely well with many exceptional initiatives and
incredible projections. Their announced platforms appear to be transformational with almost unlimited upside. This has all the signs of a multibillion dollar company.
It is most puzzling how the stock does not react when the company releases incredible news or updates. This is not normal.
I suppose they do seem a bit promotional.
And there is a question of whether management is proven and highly experienced?
My assessment of the situation is that this company is going
to be a huge winner, but the market is highly skeptical of the story. Did the short report uncover any legitimate concerns?
Did the delisting from a U.S. stock exchange rattle investors?
What can management do to show the investment community
that the opportunity is real and they are up to the task and this
is a legitimate company?