Universal Inc

Universal Inc’s capital structure is characterized by a near-zero debt-to-equity ratio (0.0) and a current ratio of 38.12, indicating strong liquidity with cash and equivalents of TWD 290.7 million [doc:1325_TW_valuation_snapshot]. However, operating cash flow is negative at TWD -10.3 million, and free cash flow is TWD -46.5 million, suggesting operational strain despite high liquidity [doc:1325_TW_financial_snapshot]. Profitability metrics are sharply negative, with a return on equity of -2.3% and return on assets of -2.16%, both well below typical thresholds for the Textiles & Leather Goods industry [doc:1325_TW_valuation_snapshot]. Gross profit is negative at TWD -51.9 million, and operating income is TWD -94.4 million, reflecting cost pressures or pricing challenges [doc:1325_TW_financial_snapshot]. The company’s revenue is concentrated in undisclosed segments, but disclosed applications span health, medical, automotive, and consumer goods. No geographic breakdown is provided, but the company is based in Taiwan, suggesting regional exposure to East Asian markets [doc:1325_TW_description]. Growth appears to be underperforming, with no disclosed revenue growth rates. Recent actual revenue was TWD 1.19 billion, but net income is negative at TWD -59.6 million, and operating income is TWD -94.4 million [doc:1325_TW_financial_snapshot]. Analysts reported a last actual EPS of TWD 1.62, but this does not offset the negative net income [doc:1325_TW_ir_observations]. Risk factors include low liquidity and dilution risk, with no immediate filing-based flags detected. However, negative operating and free cash flows suggest potential future liquidity pressures if cash reserves are not replenished [doc:1325_TW_risk_assessment]. No dilution sources are disclosed, and adjustments in valuations have not been applied [doc:1325_TW_custom_valuations]. Recent filings and transcripts are not provided, but the company’s negative earnings and cash flow metrics suggest operational challenges that may be discussed in upcoming disclosures [doc:1325_TW_financial_snapshot].