Yulon Nissan Motor Co Ltd

Yulon Nissan maintains a strong liquidity position, with cash and equivalents amounting to TWD 5,000,718,000, which is significantly higher than its short-term liabilities. The company's current ratio of 2.98 indicates a robust ability to meet its short-term obligations. However, its operating cash flow is negative at TWD -2,153,694,000, suggesting that operational activities are not currently generating sufficient cash to support the business.

Profitability metrics show a mixed picture. The company's return on equity (ROE) is 2.07%, and return on assets (ROA) is 1.55%, both below the industry median for ROE and ROA in the Auto & Truck Manufacturers sector. This suggests that Yulon Nissan is underperforming in terms of capital efficiency and asset utilization compared to its peers.

Geographically, Yulon Nissan's revenue is concentrated in the domestic market, with no disclosed international segments. This concentration increases exposure to local economic conditions and regulatory changes. The company's revenue is derived from a single business segment, which limits diversification and exposes it to sector-specific risks.

Looking ahead, Yulon Nissan's revenue is projected to grow by 3.5% in the current fiscal year and 2.1% in the next fiscal year. This growth is modest compared to the industry average and is driven by stable demand in the domestic market. However, the company's capital expenditure is relatively low at TWD -21,083,000, indicating limited investment in new projects or expansion.

Risk factors for Yulon Nissan include low liquidity risk and low dilution risk, with no immediate filing-based flags detected. The company's debt-to-equity ratio is 0.03, indicating a conservative capital structure with minimal leverage. However, the negative operating cash flow raises concerns about the sustainability of its operations without external financing.

Recent events include a stable ESG profile, with a high Social pillar score of 90.66 and a Governance pillar score of 64.30. The ESG controversies score of 100.00 indicates no major controversies, which is a positive signal for long-term risk management.

Debt-to-equity ratio of 0.03 is well below the 0.21 cohort median, reflecting a conservative capital structure.

Low dilution, liquidity, and credit risk flags suggest minimal immediate threats to shareholder value or solvency.

Capex to revenue ratio is above the 75th percentile, suggesting efficient capital deployment compared to peers.

Net income plummeted 76.7% to TWD 390 million, highlighting a drastic erosion in bottom-line profitability.

Operating income turned negative at TWD -612 million, marking a significant deterioration in core operational performance.

Revenue TWD 23.61B, −4,3% YoY; Operating income −7,3% YoY.

• ▍Revenue TWD 23.61B, −4,3% YoY
• ▍Operating income −7,3% YoY
• ▍Net income −20,3% YoY
• ▍Free cash flow +102,5% YoY
• ▍Net margin 10.2%