Jul. 15 at 6:46 AM
$WDH June's SA article:
https://seekingalpha.com/article/4794371-waterdrop-strong-growth-can-overcome-short-term-headwinds
"WDH has nearly as much cash, cash equivalents, short-term and long-term investments on the balance sheet as the company is worth in terms of market cap. The balance sheet is in that good of a shape with almost no debt to worry about. The argument in favor of long WDH can be further strengthened by looking at the income statement.
WDH only needs to grow earnings by 9.5% per year for a PEG of less than one, and to be considered to be undervalued relative to growth, which looks like a not too difficult target for WDH considering how fast it has grown the bottom line. Earnings per ADS are much more likely to grow at a CAGR of 25% than 9.5%. WDH looks undervalued from more than one angle."
