Formosa International Hotels Corp

Formosa International Hotels Corp maintains a liquidity position with a current ratio of 1.29, indicating moderate short-term liquidity. The company's price-to-book ratio is 5.61, and its price-to-tangible-book ratio is also 5.61, suggesting a premium valuation relative to its book value. The debt-to-equity ratio of 0.71 indicates a moderate level of leverage, with total liabilities of TWD 6,597,460,000 and total equity of TWD 3,929,537,000.

The company's profitability is reflected in a return on equity of 7.52% and a return on assets of 2.81%, which are below the industry median for return on equity but in line with the median for return on assets. The operating margin is 21.8%, and the net profit margin is 21.3%, both of which are in line with the industry median for profitability.

Formosa International Hotels Corp's revenue is concentrated in a single business segment, with no disclosed geographic diversification. The company's revenue is entirely derived from hotel operations, and there is no indication of geographic diversification in the financial data.

The company's revenue for the latest period is TWD 1,388,047,000, and the outlook for the current fiscal year is for a 5% increase in revenue, with a 3% increase expected in the following fiscal year. The company's capital expenditure for the period was TWD -102,826,000, indicating a reduction in capital spending.

The risk assessment indicates a medium liquidity risk and a low dilution risk. The company has a key flag indicating that net cash is negative after subtracting total debt, which may affect its liquidity position. The company has not disclosed any recent events in filings or transcripts that would significantly impact its operations or financial position.

Revenue grew 8.5% year-over-year to TWD 6.8 billion, showing consistent top-line expansion in recent periods.

Return on equity of 7.5% is well above the 2.3% cohort median, reflecting efficient capital utilization.

Cash conversion ratio of 2.15 exceeds the cohort median of 0.99, suggesting robust cash generation capabilities.

High credit risk flag indicates significant potential for financial distress or default issues for the company.

Debt-to-equity ratio of 0.71 is below the cohort median, implying higher leverage than most competitors.

Medium liquidity risk flag suggests potential challenges in meeting short-term financial obligations promptly.

Free cash flow dropped to TWD 87.6 million in the latest period, down from TWD 752 million previously.

Revenue TWD 1.71B; Operating income TWD 420.3M.

• ▍Revenue TWD 1.71B
• ▍Operating income TWD 420.3M
• ▍Net margin 23.6%

Revenue TWD 1.45B; Operating income TWD 280.3M.

• ▍Revenue TWD 1.45B
• ▍Operating income TWD 280.3M
• ▍Net margin 15.3%

Revenue TWD 1.39B; Operating income TWD 302.6M.

• ▍Revenue TWD 1.39B
• ▍Operating income TWD 302.6M
• ▍Net margin 21.3%

Revenue TWD 6.30B, −6,9% YoY; Operating income −18,4% YoY.

• ▍Revenue TWD 6.30B, −6,9% YoY
• ▍Operating income −18,4% YoY
• ▍Net income −4,9% YoY
• ▍Free cash flow −91,3% YoY
• ▍Net margin 21.4%

Revenue TWD 6.77B, +20,9% YoY; Operating income +49,9% YoY.

• ▍Revenue TWD 6.77B, +20,9% YoY
• ▍Operating income +49,9% YoY
• ▍Net income +56,8% YoY
• ▍Free cash flow +591,8% YoY
• ▍Net margin 20.9%

Revenue TWD 5.60B, +13,5% YoY; Operating income −45,8% YoY.

• ▍Revenue TWD 5.60B, +13,5% YoY
• ▍Operating income −45,8% YoY
• ▍Net income −58,5% YoY
• ▍Free cash flow −107,1% YoY
• ▍Net margin 16.1%

Revenue TWD 4.93B; Operating income TWD 2.27B.

• ▍Revenue TWD 4.93B
• ▍Operating income TWD 2.27B
• ▍Net margin 44.2%