AH trade -26%，9.55usd，对应15.7亿usd, 10pe for 2022 with revenue 24% yoy. （2021 420m，2022 520m）
Gross margin too high, competition expected in the future, any moat, like brand?
BTW, $露露柠檬(LULU)$ gpm 55%, npm ~15%
To do list:
# investigate management team
# TAM and moat analysis
