Mida Assets PCL

Mida Assets PCL exhibits a capital structure with a debt-to-equity ratio of 1.31, indicating a moderate reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 0.93, suggesting limited short-term liquidity cushion. Free cash flow of 9.25 million THB is positive but modest, while operating cash flow is negative at -23.8 million THB. Profitability metrics are weak, with a return on equity of -0.45% and a return on assets of -0.15%, both significantly below the industry median for consumer lenders. The company reported a net loss of 16.3 million THB, driven by a narrow operating income of 17.6 million THB on 350.9 million THB of gross profit. Geographic and segment exposure is concentrated in Thailand, with no disclosed international operations or material segment diversification. Revenue is derived primarily from consumer lending, with no material diversification into other financial services. Growth trajectory is mixed, with revenue of 542.9 million THB in the latest period. While the company has maintained positive revenue, the net loss and weak operating cash flow suggest operational challenges. Analysts reported a last actual revenue of 1.42 billion THB, but this appears inconsistent with the latest financial snapshot. Risk factors include medium liquidity risk and a negative net cash position after subtracting total debt. Dilution risk is assessed as low, with no near-term pressure from share issuance or convertible debt. The company has not disclosed any material dilution sources in recent filings. Recent events include a reported net loss and negative operating cash flow, which may signal underlying operational inefficiencies. No material regulatory or geopolitical events have been disclosed in the latest financial data.