TSRC Corp

TSRC Corp maintains a debt-to-equity ratio of 0.67, indicating a moderate reliance on debt financing, and a current ratio of 1.87, suggesting adequate short-term liquidity to cover its obligations. However, the company's free cash flow is negative at -137.9 million TWD, and capital expenditures are significant at -1.4 billion TWD, reflecting ongoing investment in operations. The company's cash and equivalents of 6.07 billion TWD are offset by long-term debt of 13.33 billion TWD, resulting in a net cash position that is negative after subtracting total debt. Profitability metrics show a return on equity (ROE) of 2.25% and a return on assets (ROA) of 1.04%, both below the industry median for automotive component manufacturers. Gross profit of 3.58 billion TWD represents 9.8% of total revenue, while operating income of 596.64 million TWD accounts for 1.64% of revenue, indicating relatively low operating margins compared to peers. TSRC Corp's revenue is concentrated in the automotive component manufacturing segment, with no disclosed geographic breakdown. The company's exposure is primarily to the global automotive industry, with a focus on supplying parts to major automakers. There is no indication of significant diversification across product lines or geographic regions. The company's revenue growth trajectory is not explicitly outlined in the available data, but the capital expenditures and negative free cash flow suggest ongoing investment in production capacity. The operating cash flow of 1.77 billion TWD supports ongoing operations, but the company may need to manage its liquidity carefully in the near term. Risk factors include moderate liquidity risk due to the negative net cash position and the need for continued capital investment. The risk assessment indicates low dilution potential, but the company's reliance on debt financing and the need for capital expenditures could increase financial risk if cash flow does not improve. No recent events or filings are disclosed in the provided data to suggest material changes in the company's risk profile. Recent events and filings are not disclosed in the provided data, so no specific information is available on recent corporate actions, earnings calls, or regulatory updates. The company's ESG score of 67.34 and a B+ grade suggest a moderate level of environmental, social, and governance performance, with particular strengths in the social and governance pillars.