Chen Nan Iron Wire Co Ltd
Chen Nan Iron Wire Co Ltd has a market price of 20.3 TWD and a market cap of 1.4 billion TWD, with a price-to-earnings ratio of 13.58 and a price-to-book ratio of 1.0. The company's liquidity position is characterized by a current ratio of 1.84 and cash and equivalents of 206.9 million TWD, but its net cash is negative after subtracting total debt, indicating a medium liquidity risk. The company's profitability is reflected in a return on equity of 7.37% and a return on assets of 4.38%, with a gross profit of 243.8 million TWD and an operating income of 133.8 million TWD. These metrics are below the industry median for return on equity and return on assets, suggesting that the company's profitability is not as strong as its peers. Chen Nan Iron Wire Co Ltd's revenue is concentrated in the fastener and wire processing segments, with products distributed domestically and internationally. The company's geographic exposure is not disclosed in detail, but its operations are primarily based in Taiwan. The company's growth trajectory is modest, with a revenue of 1.63 billion TWD and a free cash flow of 42.8 million TWD. The capital expenditure of -29.2 million TWD indicates a reduction in investment in the latest period. The company's risk assessment indicates a low dilution risk and a medium liquidity risk, with a debt-to-equity ratio of 0.54. Recent events and filings do not indicate significant changes in the company's operations or financial strategy. The company continues to focus on its core markets and product lines, with no major new initiatives disclosed in the latest financial reports.
Business. Chen Nan Iron Wire Co Ltd processes wire rods and develops, produces, and sells fastener products including self-tapping screws, hardwood screws, and drywall screws, primarily for construction, automotive, machinery, and furniture markets.
Classification. Chen Nan Iron Wire Co Ltd is classified under the Industrial Machinery & Equipment industry within the Industrial Goods business sector, with a confidence level of 0.92.
- Chen Nan Iron Wire Co Ltd has a market cap of 1.4 billion TWD and a price-to-earnings ratio of 13.58, indicating a moderate valuation.
- The company's return on equity of 7.37% is below the industry median, suggesting lower profitability compared to peers.
- The company's liquidity position is medium risk, with a current ratio of 1.84 and negative net cash after subtracting total debt.
- The company's growth is modest, with a free cash flow of 42.8 million TWD and a reduction in capital expenditure.
- The company's risk assessment indicates a low dilution risk and a medium liquidity risk.
- The company's operations are primarily based in Taiwan, with products distributed domestically and internationally.
- --
- ## RATIONALES
- Net cash is negative after subtracting total debt.