Hsin Yung Chien Co Ltd

Hsin Yung Chien Co Ltd maintains a strong liquidity position, with a current ratio of 6.22 and cash and equivalents amounting to 532,577,000 TWD. The company's debt-to-equity ratio is 0.14, indicating a conservative capital structure with minimal reliance on long-term debt. Free cash flow of 104,589,000 TWD and operating cash flow of 240,233,000 TWD further support its financial flexibility.

Profitability metrics show a return on equity of 3.25% and a return on assets of 2.63%. These figures are below the industry median for heavy electrical equipment, suggesting room for improvement in asset utilization and capital efficiency. Operating income of 106,662,000 TWD and net income of 93,957,000 TWD reflect a healthy gross margin of 38.3%.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and sector-specific risks.

Recent financial performance indicates a stable growth trajectory, with revenue of 362,551,000 TWD and capital expenditures of -87,331,000 TWD. Analyst estimates align closely with reported figures, suggesting consistent performance expectations.

Risk assessment reveals low liquidity and dilution risk, with no immediate filing-based flags detected. The company's conservative capital structure and strong cash reserves mitigate short-term financial stress. No dilution pressure is expected in the near term, as shares outstanding remain unchanged between basic and diluted measures.

No recent filings or transcripts were identified that would materially impact the company's operations or financial position.

Cash conversion ratio of 2.56 is best-in-class, substantially outperforming the 0.97 cohort median and indicating superior cash generation efficiency.

Free cash flow surged 102.5% year-over-year to TWD 10.6 million, reversing a previous negative position and strengthening liquidity.

Debt-to-equity ratio of 0.14 is below the 0.19 cohort median, reflecting a conservative capital structure with low leverage risk.

Operating income fell 12.0% year-over-year to TWD 525.3 million, indicating a contraction in core operational profitability despite margin strength.

Return on equity of 3.25% trails the 5.33% cohort median, suggesting below-average efficiency in generating profits from shareholder equity.

Four-year revenue CAGR of only 1.5% highlights a lack of significant long-term top-line expansion over the measured period.

Revenue TWD 388.4M, +9,4% YoY.

• ▍Revenue TWD 388.4M, +9,4% YoY

Revenue TWD 438.6M, +8,8% YoY; Operating income +7,1% YoY.

• ▍Revenue TWD 438.6M, +8,8% YoY
• ▍Operating income +7,1% YoY
• ▍Net income +23,2% YoY
• ▍Free cash flow +24,5% YoY
• ▍Net margin 29.1%

Revenue TWD 407.0M, +11,9% YoY; Operating income +17,9% YoY.

• ▍Revenue TWD 407.0M, +11,9% YoY
• ▍Operating income +17,9% YoY
• ▍Net income +17,4% YoY
• ▍Free cash flow +31,0% YoY
• ▍Net margin 29.8%

Revenue TWD 396.0M, +9,2% YoY; Operating income +21,6% YoY.

• ▍Revenue TWD 396.0M, +9,2% YoY
• ▍Operating income +21,6% YoY
• ▍Net income −4,8% YoY
• ▍Free cash flow +6,1% YoY
• ▍Net margin 22.6%

Revenue TWD 354.9M; Operating income TWD 106.9M.

• ▍Revenue TWD 354.9M
• ▍Operating income TWD 106.9M
• ▍Net margin 31.8%

Revenue TWD 1.60B, +8,9% YoY; Operating income +12,1% YoY.

• ▍Revenue TWD 1.60B, +8,9% YoY
• ▍Operating income +12,1% YoY
• ▍Net income +13,2% YoY
• ▍Free cash flow +1 944,6% YoY
• ▍Net margin 28.2%

Revenue TWD 1.47B, −5,9% YoY; Operating income −15,5% YoY.

• ▍Revenue TWD 1.47B, −5,9% YoY
• ▍Operating income −15,5% YoY
• ▍Net income −15,1% YoY
• ▍Free cash flow −172,3% YoY
• ▍Net margin 27.2%