Toray Textiles (Thailand) PCL

Toray Textiles (Thailand) PCL maintains a strong liquidity position, with a current ratio of 5.0, indicating that it has five times more current assets than current liabilities. However, the company's cash and equivalents amount to only THB 1,730, which is significantly lower than its long-term debt of THB 278,149,690, resulting in a net cash position that is negative after subtracting total debt [doc:HA-latest]. This suggests that the company may need to rely on operating cash flow or external financing to meet its long-term obligations. The company's profitability is moderate, with a return on equity (ROE) of 4.86% and a return on assets (ROA) of 4.05%. These figures are below the typical thresholds for high-performing textile firms, indicating that the company is generating returns, but not at a level that would be considered exceptional within the industry [doc:HA-latest]. The operating margin, calculated as operating income of THB 293,276,430 on revenue of THB 9,070,823,040, is approximately 3.23%, which is in line with the industry median for textile companies [doc:HA-latest]. The company's revenue is distributed across two primary segments: Textile and Industrial material products. The Textile segment includes a wide range of fabric products, while the Industrial material segment includes cord and airbag fabric. The company's geographic exposure is broad, with markets in Asia, Europe, Africa, America, and Oceania. However, the input data does not provide specific revenue concentration figures for individual regions or segments [doc:HA-latest]. Looking ahead, the company's growth trajectory is expected to be modest. The outlook for the current fiscal year (FY) and the next FY is not explicitly provided in the input data, but the company's operating cash flow of THB 830,319,130 and free cash flow of THB 396,094,690 suggest that it has the capacity to fund operations and potentially invest in growth initiatives. The capital expenditure of THB -249,439,180 indicates that the company is investing in its operations, which could support future revenue growth [doc:HA-latest]. The company's risk profile is characterized by a medium liquidity risk and a low dilution risk. The liquidity risk is primarily due to the negative net cash position after subtracting total debt, which could affect the company's ability to meet long-term obligations without additional financing. The dilution risk is low, as the number of shares outstanding has not changed between the basic and diluted shares, indicating that there is no significant potential for share dilution [doc:HA-latest]. Recent events and filings do not provide specific details on the company's recent performance or strategic initiatives. However, the company's financial snapshot indicates that it has a strong balance sheet with total assets of THB 8,807,889,680 and total equity of THB 7,340,906,010. The company's debt-to-equity ratio of 0.04 suggests that it is not heavily leveraged, which is a positive sign for financial stability [doc:HA-latest].