Koninklijke Philips Electronics Stock
Pros and Cons of Koninklijke Philips Electronics in the next few years
Pros
Cons
Performance of Koninklijke Philips Electronics vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Koninklijke Philips Electronics | -0.240% | 0.040% | 32.014% | 32.272% | 18.167% | -45.778% | -30.120% |
| Boston Scientific | -0.730% | 0.000% | 5.469% | 37.307% | 31.221% | 96.850% | 111.069% |
| Waters Corp. | -0.800% | 8.880% | 6.726% | 29.480% | 7.185% | 28.452% | 69.476% |
| Illumina Inc. | 1.520% | -5.413% | -12.479% | -45.618% | -18.677% | -65.994% | -60.825% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance at the financial statements of Philips (US symbol PHGFF) from the Healthcare Equipment & Supplies industry, it can be observed that the company has experienced a decline in its net income over the years. However, the company's total assets seem to be increasing, indicating potential growth opportunities. As a financial analyst, it is imperative to look deeper into the company's financials and analyze the underlying trends before formulating an opinion.
Increasing Total Assets: Philips' total assets have increased from €27.71 billion in 2020 to €30.69 billion in 2022. This implies that the company is growing and potentially investing in business expansion, which could lead to future profitability.
Consistent Gross Profit: The company has been able to maintain a consistent gross profit over the years – €8.78 billion in 2020, €7.17 billion in 2021, and €7.19 billion in 2022. A stable gross profit implies that Philips can manage its cost of goods sold and maintain a competitive edge in the industry.