Handelsavisen
prelaunch
Companies Healthcare 4108.TW
41
4108.TW TWSE Pharmaceuticals

4108.Tw

$11,70
Open in Charts → Attach watcher ⌖
TWD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
2,3B TWD
P/E
EV / Rev
Div yield
0,00 %
Op margin
-129,7 %
ROE
-3,1 %
Net margin
-43,2 %
Debt / equity
0,01
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

4108.TW operates in the pharmaceuticals industry, focusing on the development, production, and distribution of pharmaceutical products.

Business. 4108.TW operates in the pharmaceuticals industry, focusing on the development, production, and distribution of pharmaceutical products.

Classification92 %
SectorHealthcare
Business sectorPharmaceuticals & Medical Research
IndustryPharmaceuticals
ActivityPharmaceuticals & Medical Research
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-3,1 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 4108.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care · THIS SECTOR+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 4108.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    4108.TW operates in the pharmaceuticals industry, focusing on the development, production, and distribution of pharmaceutical products.

    Classification92 %
    SectorHealthcare
    Business sectorPharmaceuticals & Medical Research
    IndustryPharmaceuticals
    ActivityPharmaceuticals & Medical Research
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a low debt-to-equity ratio of 0.01, indicating a conservative leverage position. Its liquidity position is strong, with a current ratio of 27.41, suggesting ample short-term assets to cover liabilities. However, the company's operating cash flow is negative at -39,715,000 TWD, and free cash flow is also negative at -67,353,000 TWD, indicating cash outflows from operations.

    Profitability metrics show a challenging performance, with a return on equity of -3.11% and a return on assets of -2.47%, both significantly below the industry median for pharmaceutical companies. The company reported a net loss of -58,199,000 TWD, and an operating loss of -174,558,000 TWD, reflecting poor operational efficiency. Gross profit of 41,292,000 TWD is modest relative to revenue of 134,576,000 TWD, indicating margin compression.

    The company's geographic and segment exposure is not explicitly detailed in the available data, but the revenue concentration suggests a single business line or regional focus. There is no indication of diversified revenue streams or international operations in the provided financials.

    Looking ahead, the company's growth trajectory is uncertain. The current fiscal year outlook does not provide specific revenue growth projections, but the negative operating and net income suggest a challenging near-term environment. The company's capital expenditure of -5,870,000 TWD indicates some investment in operations, but the overall financial performance does not support aggressive expansion.

    Risk factors include the company's negative cash flows and poor profitability, which could impact its ability to sustain operations without external financing. The risk assessment indicates low dilution potential, but the negative free cash flow and operating cash flow suggest potential liquidity pressures. No immediate filing-based liquidity or dilution flags were detected, but the financials highlight operational risks.

    Recent events, including the latest financial filing, show a continued decline in earnings, with a last actual EPS of -1.00 TWD. There are no recent transcripts or additional filings that provide further insight into the company's strategic direction or operational changes.

    Key takeaways
    • The company has a strong liquidity position with a high current ratio of 27.41, but it is experiencing negative operating and free cash flows.
    • Profitability is poor, with a return on equity of -3.11% and a return on assets of -2.47%, both below industry medians.
    • The company's capital structure is conservative, with a low debt-to-equity ratio of 0.01.
    • There is no immediate filing-based liquidity or dilution risk, but the negative cash flows and operating losses suggest potential operational challenges.
    • The company's growth trajectory is uncertain, with no clear indication of revenue growth in the current fiscal year.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $11,70
    Market cap
    $2.43B
    Enterprise value
    $2.38B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    1.3x
    P / Tangible book
    1.3x
    Tangible book
    $1.87B
    Net cash
    $44.8M
    Current ratio
    27.4
    Debt / equity
    0.0
    ROA
    -2.5%
    ROE
    -3.1%
    Cash conversion
    68.0%
    CapEx / revenue
    -4.4%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-129,7 %Bottom quartile
    Net Margin-43,2 %Bottom quartile
    ROE-3,1 %Below median
    Capex / Rev-4,4 %Above median
    D/E0,01Above median
    Cash Conv0,68Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • 4108.TW Market data — financials · 2026-05-26
    • Phytohealth Corp Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    4108.TWCanonical
    TWSE · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage