1526—56

Sun Race Sturmey-Archer Inc

Recreational ProductsVerified

Score breakdown

Profitability+20Sentiment+27Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations3

Sun Race Sturmey-Archer Inc reports a current ratio of 1.96, indicating the company has sufficient short-term assets to cover its short-term liabilities [doc:HA-latest]. However, the company's liquidity position is assessed as medium, with net cash being negative after subtracting total debt [doc:HA-latest]. The debt-to-equity ratio of 0.58 suggests a moderate level of leverage, with long-term debt accounting for a significant portion of the company's liabilities [doc:HA-latest]. The company's profitability metrics are concerning, with a return on equity of -0.49% and a return on assets of -0.28%, both significantly below the industry median for Recreational Products [doc:HA-latest]. These negative returns indicate that the company is not generating sufficient returns to cover its cost of capital, which could impact its long-term viability and ability to compete effectively in the market. Sun Race Sturmey-Archer Inc operates in a single business segment focused on bicycle components, with no disclosed geographic revenue concentration data available [doc:HA-latest]. The company's primary markets are domestic and overseas, but the exact distribution of revenue between these regions is not specified in the available data. The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data [doc:HA-latest]. The operating income and net income are both negative, indicating a decline in profitability. The company's capital expenditures are relatively low, with a value of -13.523 million TWD, suggesting limited investment in new capacity or expansion [doc:HA-latest]. The risk assessment for Sun Race Sturmey-Archer Inc highlights a medium liquidity risk and a low dilution risk [doc:HA-latest]. The company's negative net cash position after subtracting total debt is a key flag, indicating potential challenges in meeting short-term obligations without additional financing [doc:HA-latest]. The company has not disclosed any recent events such as filings or transcripts that would provide further insight into its operational or strategic direction [doc:HA-latest].

Profile

CompanySun Race Sturmey-Archer Inc

Ticker1526.TW

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryRecreational Products

AI analysis

Business. Sun Race Sturmey-Archer Inc is a Taiwan-based company engaged in the manufacture and sales of bicycle variator components, including internal derailleurs, sprockets, and shifters [doc:HA-latest].

Classification. The company is classified under the Consumer Cyclicals economic sector, Cyclical Consumer Products business sector, and Recreational Products industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Sun Race Sturmey-Archer Inc has a moderate debt-to-equity ratio of 0.58, indicating a balanced capital structure but with room for improvement in terms of profitability.
The company's return on equity and return on assets are both negative, suggesting poor performance relative to industry standards.
The company's liquidity position is assessed as medium, with a current ratio of 1.96, but its net cash position is negative after subtracting total debt.
The company's growth trajectory is unclear, with no specific revenue growth projections provided in the available data.
The risk assessment indicates a low dilution risk but a medium liquidity risk, with the company's negative net cash position being a key flag.
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Financial snapshot

PeriodHA-latest

CurrencyTWD

Revenue$771.0M

Gross profit$167.9M

Operating income-$51.5M

Net income-$6.6M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$203.6M

CapEx-$13.5M

Free cash flow$46.7M

Total assets$2.33B

Total liabilities$965.0M

Total equity$1.36B

Cash & equivalents$166.8M

Long-term debt$784.1M

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$1.36B

Net cash-$617.3M

Current ratio2.0

Debt/Equity0.6

ROA-0.3%

ROE-0.5%

Cash conversion-30.7%

CapEx/Revenue-1.8%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Recreational Products · cohort 1 companies

Metric1526Activity

Op margin-6.7%-0.8% medp25 -0.8% · p75 -0.8%bottom quartile

Net margin-0.9%-2.6% medp25 -2.6% · p75 -2.6%top quartile

Gross margin21.8%24.3% medp25 17.6% · p75 36.7%below median

R&D / revenue—3.1% medp25 3.1% · p75 3.1%

CapEx / revenue-1.8%3.1% medp25 3.1% · p75 3.1%bottom quartile

Debt / equity58.0%111.1% medp25 111.1% · p75 111.1%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 14:43 UTC#ec251cdc

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 14:44 UTCJob: ff323fd9