6804$15.0053

Axman Enterprise Co Ltd

Recreational ProductsVerified

Score breakdown

Valuation+27Sentiment+15Risk penalty-3Missing signals-1

Quality breakdown

Key fields100Profile38Conclusion84AI synthesis40Observations3

Axman Enterprise Co Ltd (6804.TWO) is currently classified as Recreational Products within Recreational Products (Consumer Cyclicals). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 1,829,796,000 TWD, total equity 1,069,435,000, short-term debt 0, long-term debt 534,419,000. Net cash position is approximately -343,713,000 TWD. Self-calculated market cap is 525,000,000 TWD (market_price × shares_outstanding_diluted). Profitability profile: revenue 1,339,647,000, gross profit 24,150,000, operating income -91,956,000, net income -98,958,000. Return on equity ~-9.2%. Return on assets ~-5.4%. Operating-cash-flow to net-income ratio is 1.18. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

Profile

CompanyAxman Enterprise Co Ltd

Ticker6804.TWO

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryRecreational Products

AI analysis

Business. Axman Enterprise Co Ltd is classified under Consumer Cyclicals / Recreational Products and appears not currently profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Recreational Products, Cyclical Consumer Products, Consumer Cyclicals.

Key takeaways

Return on equity is about -9.2%.
Debt to equity is about 0.5x.

Financial snapshot

PeriodHA-latest

CurrencyTWD

Revenue$1.34B

Gross profit$24.1M

Operating income-$92.0M

Net income-$99.0M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$116.7M

CapEx-$224.4M

Free cash flow-$293.2M

Total assets$1.83B

Total liabilities$760.4M

Total equity$1.07B

Cash & equivalents$190.7M

Long-term debt$534.4M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$1.34B-$92.0M-$99.0M-$293.2M

FY-1$1.93B-$149.2M-$74.8M-$56.1M

FY-2$3.36B$151.1M$114.8M$126.9M

FY-3$3.32B$188.1M$171.0M$190.1M

FY-4$1.80B$72.0M$49.5M$67.8M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$1.83B$1.07B$190.7M—

FY-1$1.86B$1.22B$454.4M—

FY-2$2.38B$1.39B$629.9M—

FY-3$2.33B$1.06B$357.6M—

FY-4$2.13B$773.7M$180.4M—

PeriodOCFCapExFCFSBC

FY0-$116.7M-$224.4M-$293.2M—

FY-1$30.7M-$5.3M-$56.1M—

FY-2$150.3M-$11.7M$126.9M—

FY-3$321.0M-$5.2M$190.1M—

FY-4-$142.9M-$3.2M$67.8M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$271.5M-$57.1M-$45.2M-$39.0M

FQ-1$329.4M-$45.5M-$11.9M-$11.0M

FQ-2$397.3M$2.0M-$58.4M-$33.7M

FQ-3$341.4M$8.6M$16.5M-$209.5M

FQ-4$338.5M-$157.1M-$107.8M-$103.2M

FQ-5$566.7M$41.2M$24.6M$27.1M

FQ-6$586.3M-$8.6M$4.1M$10.1M

FQ-7$443.5M-$24.7M$4.2M$10.2M

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0$1.83B$1.07B$190.7M—

FQ-1$1.84B$1.09B$173.6M—

FQ-2$1.90B$1.10B$240.6M—

FQ-3$1.91B$1.20B$243.6M—

FQ-4$1.86B$1.22B$454.4M—

FQ-5$2.07B$1.33B$543.2M—

FQ-6$2.24B$1.31B$522.2M—

FQ-7$2.35B$1.30B$456.2M—

PeriodOCFCapExFCFSBC

FQ0-$116.7M-$224.4M-$39.0M—

FQ-1-$132.9M-$223.0M-$11.0M—

FQ-2-$31.7M-$216.4M-$33.7M—

FQ-3-$7.4M-$233.7M-$209.5M—

FQ-4$30.7M-$5.3M-$103.2M—

FQ-5$109.4M-$3.9M$27.1M—

FQ-6-$79.3M-$317.0k$10.1M—

FQ-7-$166.8M—$10.2M—

Valuation

Market price$15.00

Market cap$525.0M

Enterprise value$868.7M

P/E—

Reported non-GAAP P/E—

EV/Revenue0.7

EV/Op income—

EV/OCF—

P/B0.5

P/Tangible book0.5

Tangible book$1.07B

Net cash-$343.7M

Current ratio1.1

Debt/Equity0.5

ROA-5.4%

ROE-9.2%

Cash conversion1.2%

CapEx/Revenue-16.8%

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

Metric6804Activity

Op margin-6.9%-0.8% medp25 -0.8% · p75 -0.8%bottom quartile

Net margin-7.4%-2.6% medp25 -2.6% · p75 -2.6%bottom quartile

Gross margin1.8%24.3% medp25 17.6% · p75 36.7%bottom quartile

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

CapEx / revenue-16.8%3.1% medp25 3.1% · p75 3.1%bottom quartile

Debt / equity50.0%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 20:23 UTC#ac8de364

Market quoteclose TWD 15.40 · shares 0.04B diluted

no public URL

2026-05-03 20:23 UTC#a3be7e2a

Source: analysis-pipeline (hybrid)Generated: 2026-05-07 02:53 UTCJob: f9093c49