Shriro Holdings Ltd

Shriro Holdings maintains a strong liquidity position, with a current ratio of 2.96 and cash and equivalents of AUD 13.85 million, indicating sufficient short-term liquidity to cover obligations. The company's price-to-book ratio of 1.33 and price-to-tangible-book ratio of 1.33 suggest a market valuation in line with its tangible asset base. The debt-to-equity ratio of 0.35 reflects a conservative capital structure, with long-term debt of AUD 12.83 million against total equity of AUD 37.16 million [doc:HA-latest]. Profitability metrics show a return on equity of 20.25% and a return on assets of 11.8%, both exceeding the typical thresholds for the Appliances, Tools & Housewares industry. The company's operating income of AUD 19.87 million and net income of AUD 7.52 million indicate strong operational performance relative to its revenue of AUD 103.34 million [doc:HA-latest]. The company's revenue is distributed across multiple geographic regions, including Australia, New Zealand, the United States, and China, with a significant portion derived from its own brands such as Everdure, Omega Altise, and Robinhood. It also distributes third-party brands like Casio, Pioneer, Grohe, and American Standard. The company operates two distribution centers and has over 1,000 in-store displays in retail stores across Australia [doc:HA-latest]. Shriro Holdings' growth trajectory is supported by its current revenue of AUD 103.34 million and a free cash flow of AUD 6.64 million. Analyst estimates suggest a last actual revenue of AUD 181.11 million, indicating potential for continued growth. The company's capital expenditure of AUD -0.78 million suggests a focus on maintaining rather than expanding its asset base [doc:HA-latest]. The company's risk assessment indicates low liquidity and dilution risks, with no immediate filing-based liquidity or dilution flags detected. The low dilution risk is further supported by the absence of significant dilution potential in the basic shares outstanding, with both basic and diluted shares outstanding at 63.94 million [doc:HA-latest]. Recent events and filings do not indicate any significant changes in the company's operations or financial position. The company's market price of AUD 0.775 and market cap of AUD 49.56 million suggest a relatively small market capitalization, which may be subject to higher volatility compared to larger peers [doc:HA-latest].