3 Leisure Stocks Driving The Industry Higher
- The revenue growth greatly exceeded the industry average of 6.0%. Since the same quarter one year prior, revenues rose by 28.7%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- IKGH's debt-to-equity ratio is very low at 0.25 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, IKGH has a quick ratio of 2.01, which demonstrates the ability of the company to cover short-term liquidity needs.
- Compared to its price level of one year ago, IKGH is down 27.50% to its most recent closing price of 3.19. Looking ahead, our view is that this company's fundamentals will not have much impact either way, allowing the stock to generally move up or down based on the push and pull of the broad market.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Hotels, Restaurants & Leisure industry and the overall market, IAO KUN GROUP HOLDING CO LTD's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for IAO KUN GROUP HOLDING CO LTD is rather low; currently it is at 17.22%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 3.97% significantly trails the industry average.
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