Yi Jinn Industrial Co Ltd

Yi Jinn Industrial Co Ltd has a debt-to-equity ratio of 1.86, indicating a capital structure that is significantly leveraged. The company's liquidity is assessed as medium, with a current ratio of 0.95, suggesting that it has nearly equal current liabilities to current assets. The company's free cash flow is negative at -4,783,000 TWD, and its capital expenditure is -22,533,000 TWD, indicating that it is spending more on capital than it is generating in free cash.

The company's profitability is weak, with a return on equity of 0.0012 and a return on assets of 0.0003, both of which are below the industry median for the Textiles & Leather Goods sector. The operating margin is 2.41% (calculated from operating income of 21,099,000 TWD on revenue of 876,241,000 TWD), which is also below the industry median. The net profit margin is 0.71% (6,251,000 TWD on 876,241,000 TWD revenue), further underscoring the company's low profitability.

The company's revenue is not segmented by product or geographic region in the available data, so it is not possible to determine the concentration of revenue by segment or geography. However, the company's exposure to the textile and leather goods market is evident from its classification and business activity.

The company's revenue in the latest period was 876,241,000 TWD, compared to an analyst estimate of 5,646,982,000 TWD, suggesting a significant variance. The company's growth trajectory is unclear without additional historical revenue data, but the current financial performance does not indicate strong growth.

The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The key flag of negative net cash after subtracting total debt suggests that the company may face challenges in meeting its short-term obligations. There are no recent events or filings mentioned in the available data that would provide additional insight into the company's risk profile.

Free cash flow surged 913.5% year-over-year, demonstrating exceptional cash generation capability relative to prior periods.

Operating income increased by 329.3% year-over-year, indicating a significant improvement in core operational profitability.

Net income rose 182.7% year-over-year, reflecting a strong recovery in bottom-line earnings performance.

Cash conversion ratio of 57.71% ranks as best-in-class within the Textiles & Leather Goods cohort.

Long-term debt decreased to TWD 7.57 billion in 2019, showing a trend of deleveraging over recent years.

Debt-to-equity ratio of 1.86 places the company in the bottom quartile of its peer cohort.

The company faces high credit risk, posing significant potential challenges for financial stability and borrowing costs.

Revenue TWD 675.0M, −18,9% YoY; Operating income −72,9% YoY.

• ▍Revenue TWD 675.0M, −18,9% YoY
• ▍Operating income −72,9% YoY
• ▍Net income +245,8% YoY
• ▍Free cash flow −49,0% YoY
• ▍Net margin 1.4%

Revenue TWD 675.0M, −27,5% YoY; Operating income −93,9% YoY.

• ▍Revenue TWD 675.0M, −27,5% YoY
• ▍Operating income −93,9% YoY
• ▍Net income −93,8% YoY
• ▍Free cash flow −87,4% YoY
• ▍Net margin 1.4%

Revenue TWD 810.4M, +8,0% YoY; Operating income +32,0% YoY.

• ▍Revenue TWD 810.4M, +8,0% YoY
• ▍Operating income +32,0% YoY
• ▍Net income −132,6% YoY
• ▍Free cash flow −79,7% YoY
• ▍Net margin -2.2%

Revenue TWD 856.3M, −2,3% YoY; Operating income +1 356,8% YoY.

• ▍Revenue TWD 856.3M, −2,3% YoY
• ▍Operating income +1 356,8% YoY
• ▍Net income +1 662,1% YoY
• ▍Free cash flow +4 973,7% YoY
• ▍Net margin 12.9%

Revenue TWD 832.3M; Operating income TWD 84.5M.

• ▍Revenue TWD 832.3M
• ▍Operating income TWD 84.5M
• ▍Net margin -0.8%

Revenue TWD 931.2M; Operating income TWD 377.5M.

• ▍Revenue TWD 931.2M
• ▍Operating income TWD 377.5M
• ▍Net margin 16.8%

Revenue TWD 750.2M; Operating income TWD 41.9M.

• ▍Revenue TWD 750.2M
• ▍Operating income TWD 41.9M
• ▍Net margin 7.4%

Revenue TWD 2.98B, −12,2% YoY; Operating income +14,1% YoY.

• ▍Revenue TWD 2.98B, −12,2% YoY
• ▍Operating income +14,1% YoY
• ▍Net income +30,0% YoY
• ▍Free cash flow +36,3% YoY
• ▍Net margin 9.2%

Revenue TWD 3.39B, +8,6% YoY; Operating income −62,9% YoY.

• ▍Revenue TWD 3.39B, +8,6% YoY
• ▍Operating income −62,9% YoY
• ▍Net income −62,7% YoY
• ▍Free cash flow −83,7% YoY
• ▍Net margin 6.2%

Revenue TWD 4.34B, +4,6% YoY; Operating income +601,2% YoY.

• ▍Revenue TWD 4.34B, +4,6% YoY
• ▍Operating income +601,2% YoY
• ▍Net income +405,4% YoY
• ▍Free cash flow +1 756,4% YoY
• ▍Net margin 23.4%