Li Cheng Enterprise Co Ltd

Li Cheng Enterprise Co Ltd has a price-to-book ratio of 0.74 and a price-to-tangible-book ratio of 0.74, indicating that the company's market value is below its book value. The company's liquidity position is weak, with a current ratio of 0.86 and negative free cash flow of -398.3 million TWD, suggesting that it may struggle to meet short-term obligations. The company's cash and equivalents amount to only 47.15 million TWD, which is significantly lower than its long-term debt of 2.26 billion TWD. The company's profitability is negative, with a return on equity of -27.08% and a return on assets of -11.88%, both well below the typical performance of the Textiles & Leather Goods industry. The company reported a net loss of 507.37 million TWD, with operating income also in the red at -412.12 million TWD. The gross profit is also negative at -163.11 million TWD, indicating that the company is struggling to cover its production costs. The company's revenue is concentrated in domestic and overseas markets, particularly in Asia and the Americas, but the financial snapshot does not provide specific segment or geographic revenue breakdowns. The company's exposure to these markets may be subject to regional economic fluctuations and trade dynamics, which could impact its revenue stability. The company's growth trajectory is uncertain, with no specific outlook provided for the current or next fiscal year. The company's operating cash flow is negative at -296.91 million TWD, and its capital expenditure is -114.29 million TWD, indicating that it is not investing in new capacity or expansion. The company's revenue of 880.99 million TWD is not accompanied by a clear growth strategy or market expansion plan. The company's risk profile is elevated, with a medium liquidity risk and a debt-to-equity ratio of 1.21, indicating that it is leveraged and may face challenges in refinancing or accessing new capital. The risk assessment highlights that the company's net cash is negative after subtracting total debt, which could lead to financial distress if not addressed. The dilution risk is currently low, but the company's financial position may change if it needs to raise additional capital. Recent events or filings have not been disclosed in the provided data, so there is no information on recent strategic moves, management changes, or regulatory actions that could impact the company's operations or financial position. The company's recent performance suggests that it may need to implement cost-cutting measures or seek new revenue streams to improve its financial health.