J.D Development Co Ltd

J.D Development Co Ltd has a market price of TWD 14.25 and a market cap of TWD 968.89 million, with a price-to-book ratio of 1.62 and a price-to-tangible-book ratio of 1.62. The company's enterprise value to EBITDA is negative at -55.09, and its enterprise value to revenue is 41.03, indicating a high valuation relative to its revenue [doc:4402.TWO-valuation-snapshot]. The company's profitability is weak, with a return on equity of -1.47% and a return on assets of -1.44%. These metrics are below the industry median for return on equity and return on assets, which are typically positive for firms in the Textiles & Leather Goods industry. The company's operating income is negative at TWD -17.67 million, and its net income is also negative at TWD -8.76 million, indicating a loss-making operation [doc:4402.TWO-valuation-snapshot]. J.D Development Co Ltd's revenue is concentrated across three segments: Textile, Green Energy, and Medical Equipment. The Textile segment is the primary source of revenue, with the Green Energy and Medical Equipment segments contributing to a lesser extent. The company's geographic exposure is primarily within Taiwan, with no significant international revenue disclosed in the latest financials [doc:4402.TWO-2023-annual-report]. The company's growth trajectory is uncertain, with no significant revenue growth reported in the latest financial period. The outlook for the current fiscal year and the next fiscal year is not provided, but the company's negative operating and net income suggest a challenging operating environment. The company's capital expenditure is zero, indicating no recent investment in expansion or modernization [doc:4402.TWO-financial-snapshot]. The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag is that the company has negative net cash after subtracting total debt, which could impact its ability to meet short-term obligations. The dilution potential is low, with no significant changes in shares outstanding between basic and diluted shares [doc:4402.TWO-risk-assessment]. Recent events include the company's transition from Fu Ta Material Technology Co Ltd to J.D Development Co Ltd, and the expansion into the Green Energy and Medical Equipment segments. The company's 2023 annual report provides details on its strategic direction and operational performance [doc:4402.TWO-2023-annual-report].