SanDi Properties Co Ltd

SanDi Properties Co Ltd exhibits a highly leveraged capital structure, with a debt-to-equity ratio of 4.08, indicating a significant reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.46, suggesting it can cover short-term obligations but with limited buffer. Free cash flow is negative at -12.51 million TWD, and operating cash flow is also negative at -35.87 million TWD, signaling cash flow constraints.

Profitability metrics are negative, with a return on equity of -0.55% and a return on assets of -0.09%, both well below the industry median for construction and engineering firms. The company reported a net loss of 10.19 million TWD and an operating loss of 6.27 million TWD, reflecting poor operational performance.

The company's revenue concentration is not disclosed in the available data, but its total assets of 11.27 billion TWD and total liabilities of 9.42 billion TWD suggest a large asset base with high leverage. No specific geographic or segment breakdown is available in the input data.

Growth trajectory is not clearly defined due to the absence of historical revenue data, but the current financial performance suggests a challenging operating environment. The company's capital expenditure of -3.5 million TWD indicates some level of investment, though it is not sufficient to offset the negative cash flows.

The risk assessment highlights liquidity concerns, with net cash negative after subtracting total debt. Dilution risk is assessed as low, and no recent events or filings are disclosed in the input data that would suggest imminent equity dilution or regulatory issues.

No recent events, such as filings or transcripts, are provided in the input data to inform the company's current strategic or operational direction.

Net income surged 237.7% year-over-year to TWD 194 million, demonstrating a strong recovery in profitability.

Operating income exploded 1,138% year-over-year to TWD 300.7 million, signaling a dramatic improvement in core operational efficiency.

Free cash flow turned positive with a 224.7% increase to TWD 173.2 million, enhancing liquidity and financial flexibility.

Cash conversion ratio of 3.52 ranks in the top quartile, outperforming the cohort median of 0.63 significantly.

Revenue grew 7.9% year-over-year to TWD 1.26 billion, indicating steady top-line expansion despite previous volatility.

Debt-to-equity ratio of 4.08 is in the bottom quartile, far exceeding the cohort median of 0.29.

Return on equity of -0.55% lags the cohort median of 4.67%, placing the company in the bottom quartile.

The company faces high credit risk, suggesting potential difficulties in meeting financial obligations or securing favorable financing.

Long-term debt increased to TWD 8.61 billion, reflecting a heavy leverage burden that constrains financial maneuverability.

Medium liquidity risk flags potential challenges in meeting short-term obligations, adding uncertainty to the company's financial stability.

Revenue TWD 316.1M, −46,9% YoY; Operating income −94,1% YoY.

• ▍Revenue TWD 316.1M, −46,9% YoY
• ▍Operating income −94,1% YoY
• ▍Net income −117,4% YoY
• ▍Free cash flow −140,8% YoY
• ▍Net margin -20.5%