China Motor Corp

China Motor Corp maintains a conservative capital structure, with a debt-to-equity ratio of 0.04, significantly below the industry median of 0.35. The company's liquidity position is robust, with a current ratio of 1.16 and cash and equivalents of TWD 2.1 billion, which supports operational flexibility and short-term obligations.

Profitability metrics indicate a mixed performance. The company's return on equity (ROE) of 3.69% is below the industry median of 5.2%, while its return on assets (ROA) of 2.42% is also below the median of 3.8%. This suggests that China Motor Corp is underperforming its peers in terms of asset utilization and equity returns.

Geographically, the company's revenue is concentrated in its domestic market, with no disclosed international segments. This concentration may expose the company to regional economic fluctuations and regulatory changes, which could impact its revenue stability.

The company's growth trajectory is modest, with a projected revenue increase of 2.1% in the current fiscal year and 1.8% in the next fiscal year. This growth is in line with the industry's average but does not indicate a strong expansionary phase. Historical revenue data shows a 3.4% year-over-year increase, reflecting a stable but not aggressive growth strategy.

Risk factors for China Motor Corp are minimal in the short term, with low liquidity and dilution risks. The company has no immediate filing-based liquidity or dilution flags, and its capital structure remains stable. However, the automotive industry is subject to long-term risks such as technological disruption and regulatory changes, which could affect its competitive position.

Recent events, including filings and transcripts, do not indicate any significant changes in the company's strategic direction or financial health. The company continues to operate within its established business model, with no major new initiatives or challenges reported in the latest disclosures.

Analysts project 31% upside to a consensus price target of TWD 68.0 from the current market price of TWD 51.9.

The company maintains a low debt-to-equity ratio of 0.04, significantly below the 0.21 cohort median, ensuring financial stability.

Risk flags for dilution, liquidity, and credit are all rated low, suggesting a stable financial risk profile.

Revenue declined 3.0% year-over-year to TWD 32.1 billion in the latest period, signaling weakening top-line growth.

Free cash flow turned negative at TWD -15.2 million in the latest period, reversing the positive trend from prior years.

Return on equity of 3.69% falls below the 3.96% cohort median, indicating less efficient capital utilization than peers.

Operating income dropped 73.4% year-over-year to TWD 1.09 billion, highlighting significant pressure on core profitability.

Cash conversion ratio of 0.47 is below the 0.62 cohort median, suggesting weaker ability to convert earnings into cash.

Revenue TWD 7.56B, −9,5% YoY; Operating income +24,1% YoY.

• ▍Revenue TWD 7.56B, −9,5% YoY
• ▍Operating income +24,1% YoY
• ▍Net income −1,0% YoY
• ▍Free cash flow −17,9% YoY
• ▍Net margin 10.6%

Revenue TWD 8.45B, −27,3% YoY; Operating income −35,8% YoY.

• ▍Revenue TWD 8.45B, −27,3% YoY
• ▍Operating income −35,8% YoY
• ▍Net income −41,9% YoY
• ▍Free cash flow −36,3% YoY
• ▍Net margin 8.3%

Revenue TWD 8.45B, −31,0% YoY; Operating income −49,7% YoY.

• ▍Revenue TWD 8.45B, −31,0% YoY
• ▍Operating income −49,7% YoY
• ▍Net income −44,1% YoY
• ▍Free cash flow −48,1% YoY
• ▍Net margin 8.3%

Revenue TWD 7.02B; Operating income -TWD 265.8M.

• ▍Revenue TWD 7.02B
• ▍Operating income -TWD 265.8M
• ▍Net margin 10.5%

Revenue TWD 8.35B; Operating income TWD 273.6M.

• ▍Revenue TWD 8.35B
• ▍Operating income TWD 273.6M
• ▍Net margin 9.7%

Revenue TWD 11.62B; Operating income TWD 697.5M.

• ▍Revenue TWD 11.62B
• ▍Operating income TWD 697.5M
• ▍Net margin 10.4%

Revenue TWD 12.24B; Operating income TWD 890.0M.

• ▍Revenue TWD 12.24B
• ▍Operating income TWD 890.0M
• ▍Net margin 10.2%

Revenue TWD 32.09B, −18,2% YoY; Operating income −31,6% YoY.

• ▍Revenue TWD 32.09B, −18,2% YoY
• ▍Operating income −31,6% YoY
• ▍Net income −25,5% YoY
• ▍Free cash flow +84,6% YoY
• ▍Net margin 9.3%

Revenue TWD 39.24B, +2,1% YoY; Operating income −38,1% YoY.

• ▍Revenue TWD 39.24B, +2,1% YoY
• ▍Operating income −38,1% YoY
• ▍Net income −29,1% YoY
• ▍Free cash flow −104,8% YoY
• ▍Net margin 10.2%

Revenue TWD 38.43B, +30,0% YoY; Operating income +36,0% YoY.

• ▍Revenue TWD 38.43B, +30,0% YoY
• ▍Operating income +36,0% YoY
• ▍Net income +172,9% YoY
• ▍Free cash flow +119,3% YoY
• ▍Net margin 14.7%

Revenue TWD 29.55B, −5,0% YoY; Operating income +0,1% YoY.

• ▍Revenue TWD 29.55B, −5,0% YoY
• ▍Operating income +0,1% YoY
• ▍Net income −285,5% YoY
• ▍Free cash flow −1 543,9% YoY
• ▍Net margin -26.2%