Revenue Analysis:
Looking at CHE’s financial performance, there has been a notable trend observed in revenue streams:
- Total Revenue showed a gradual increase from $553,816,000 in Q2 2023 to $590,135,000 by Q1 2024.
- Operating Revenue similarly increased from $555,818,000 in Q2 2023 to $590,135,000 in Q1 2024.
- Gross Profit margin has been consistent, peaking at $227,566,000 in Q4 2023 from an earlier amount of $179,623,000 in Q2 2023.
Cost Management:
CHE has demonstrated a steady control over its costs:
- Cost of Revenue: fluctuated, starting from $374,193,000 in Q2 2023 and rising to $385,127,000 by Q1 2024.
- Operating Expense: presented fluctuations, with a decrease noted from $116,633,000 in Q1 2023 to $131,773,000 in Q1 2024.
- Total Expenses: increased overall, moving from $484,310,000 in Q2 2023 to $516,900,000 by Q1 2024.
Profitability Analysis:
Profit metrics indicate strength and growth:
- EBITDA: increased significantly from $87,563,000 in Q2 2023 to $100,718,000 in Q1 2024.
- Operating Income: showed an increase, with $69,506,000 in Q2 2023 growing to $72,333,000 by Q1 2024.
- Pretax Income: experienced an upswing from $70,344,000 in Q2 2023 to $84,485,000 in Q1 2024.
- Net Income had growth, with a notable rise from $53,377,000 in Q2 2023 to $65,017,000 in Q1 2024.
Cash Flow Indicators:
- Reconciled Depreciation: slightly increased from $14,799,000 in Q1 2023 to $15,808,000 in Q1 2024.
- Interest Expense: has varied, rising from $1,551,000 in Q1 2023 to $425,000 in Q1 2024.
Taxation:
- Tax Rate For Calcs: has seen minor fluctuations around a near-middle value of approximately 23%-24%.
- Tax Provision: showed a rise from $16,967,000 in Q2 2023 up to $19,468,000 in Q1 2024.
- Tax Effect of Unusual Items: experienced significant variation, from a negative impact in earlier quarters to a positive impact of $1,920,415 by Q1 2024.
Shareholder Metrics:
- Diluted EPS: saw an increase from 3.51 in Q2 2023 to 4.24 by Q1 2024.
- Basic EPS: similarly increased from 3.54 in Q2 2023 to 4.3 by Q1 2024.
- Average Shares: have been relatively stable with slight variations in the count.
- Net Income Available to Common Stockholders: has seen consistent numbers, aligning with the Net Income values.
Conclusion:
CHE has demonstrated solid financial health with steady revenue growth, controlled cost management, and improving profitability. The company maintains a strong cash position with stable depreciation and manageable interest expenses. Taxation remains consistent with enhanced returns to shareholders evident through rising EPS metrics. The financial outlook for CHE is positive, suggesting continued growth potential and stability.
Appendices:
Supporting data tables and detailed figure calculations are available upon request to provide further insights into CHE’s financial metrics.