Nicr

Big Tree Cloud Holdings: Promising But Overvalued

@Manika Premsingh
China's consumer staples company, Big Tree Cloud Holdings, has seen a 20% price increase since its SPAC listing, outperforming the Shanghai Composite and Hang Seng indices. The company benefits from strong revenue growth, particularly in the body and oral care products category. It's also profit-generating. However, the company's liquidity is wanting as evidenced by the low working capital ratio, and the stock's market multiples are high. andresr/E+ via Getty Images Since its public listing via the SPAC route in June, the Chinese personal products manufacturer Big Tree Cloud Holdings Limited (NASDAQ:DSY) has seen a 20% increase in price. Not only is this notable for the newly listed company in its own
Big Tree Cloud Holdings: Promising But Overvalued

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet