2913.Tw

The company's capital structure is characterized by a debt-to-equity ratio of 0.42, indicating a relatively conservative leverage position. However, the company's liquidity is assessed as medium, with a current ratio of 2.04, suggesting it has sufficient short-term assets to cover its short-term liabilities. The company's price-to-book ratio of 0.69 and price-to-tangible-book ratio of 0.69 indicate that the market values the company's equity at a discount to its book value.

Profitability metrics show a challenging performance, with a return on equity of -0.0094 and a return on assets of -0.0054, both negative, indicating that the company is not generating returns for its shareholders or effectively utilizing its assets. The operating income is negative at -19,429,000, and the net income is also negative at -116,171,000, reflecting a loss-making operation. The company's gross profit of 182,429,000 is significantly lower than its revenue of 472,652,000, indicating high cost of goods sold.

The company's revenue is concentrated in the food processing segment, with no disclosed geographic diversification. The financial data does not provide specific segment or geographic revenue breakdowns, making it difficult to assess the company's exposure to different markets. The company's total assets of 21,334,869,000 and total liabilities of 8,915,570,000 suggest a strong asset base, but the negative net cash position after subtracting total debt is a key flag.

The company's growth trajectory is uncertain, with no specific outlook provided for the current or next fiscal year. The operating cash flow of 41,095,000 and free cash flow of -19,622,000 indicate that the company is generating some cash from operations but is not able to cover its capital expenditures. The capital expenditure of -3,771,000 is relatively small compared to the company's total assets, suggesting limited investment in growth.

Risk factors include the company's negative net income and operating income, which could lead to financial distress if not addressed. The dilution potential is assessed as low, with no significant changes in shares outstanding between basic and diluted shares. The company's adjustments to valuations have not been disclosed, but the negative net cash position is a concern.

Recent events and filings have not been provided in the data, so there is no information on specific events that may have impacted the company's performance. The company's financial health is a concern, and it will need to improve its profitability and cash flow to sustain operations.