Tatung Co

Tatung Co has a price-to-book ratio of 1.16 and a debt-to-equity ratio of 0.8, indicating a moderate level of leverage relative to its equity base. The company's liquidity position is characterized by a current ratio of 1.49, suggesting it can cover its short-term obligations, but its operating cash flow is negative at -1.0 billion TWD, and free cash flow is also negative at -962.86 million TWD.

Profitability metrics show a return on equity of -1.63% and a return on assets of -0.62%, both significantly below the industry median for electrical components and equipment, which typically shows positive returns. The company reported a net loss of 855.61 million TWD and an operating loss of 843.21 million TWD, indicating a challenging operating environment.

Tatung's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financials. The company's total revenue for the period was 12.67 billion TWD, but the absence of segmental or geographic breakdown limits visibility into potential growth or risk areas.

Looking ahead, the company's revenue outlook is negative, with a decline expected in the current fiscal year. The operating cash flow and free cash flow remain negative, and capital expenditures were -1.44 billion TWD, suggesting continued investment in operations despite financial strain.

The risk assessment highlights a medium liquidity risk and a low dilution risk. However, the company's net cash position is negative after subtracting total debt, which could constrain its ability to fund operations or respond to market changes. No dilution sources were identified in the latest filings, and the dilution potential is currently low.

Recent financial filings and transcripts indicate ongoing operational challenges, with a net loss and negative cash flows. The company's ESG score is 69.74, with a strong environment pillar (93.93) but a weaker governance pillar (26.74), suggesting potential governance-related risks.

Tatung Co Ltd (2371.TW) currently presents a baseline profile with no recorded material changes, as this represents the first analysis for the ticker and there is no prior basis for delta computation. Consequently, there are no significant shifts in operational or financial metrics to report at this time. The company’s current market footprint is characterized by minimal external coverage and engagement. Data indicates that Tatung has zero index memberships and no identified top holders, suggesting a lack of prominent institutional anchoring or broad index inclusion. Analyst and officer visibility remains low, with only one analyst covering the stock and no officers listed in the current dataset. This sparse coverage profile aligns with the absence of recent material events or strategic announcements. Cross-source signals further reflect this quiet period, showing zero dispatches per day across the monitored timeframe from late June through mid-July 2026. With no sentiment data or news volume recorded, the immediate outlook for Tatung remains static, defined by the absence of new information rather than specific developments.

Tatung generated TWD 13.8 billion in free cash flow in 2025, demonstrating strong cash generation capabilities despite recent volatility.

The company achieved a TWD 14.5 billion net income in 2025, significantly higher than the TWD 2.6 billion recorded in 2024.

Tatung's cash conversion ratio of 1.17 exceeds the cohort median of 0.89, indicating efficient cash flow management relative to peers.

Gross profit increased to TWD 8.5 billion in 2026, up from TWD 7.3 billion in 2025, showing resilience in top-line margins.

Tatung reported a TWD 11.1 billion net loss in 2026, marking a severe deterioration from the TWD 14.5 billion profit in 2025.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or maintaining stable borrowing costs.

Free cash flow turned negative to TWD -17.6 billion in 2026, reversing the strong positive generation seen in the prior year.

Long-term debt increased to TWD 43.6 billion in 2026, rising from TWD 36.2 billion in 2025, increasing leverage pressure.

Revenue TWD 13.34B, +12,4% YoY; Operating income −380,5% YoY.

• ▍Revenue TWD 13.34B, +12,4% YoY
• ▍Operating income −380,5% YoY
• ▍Net income −261,3% YoY
• ▍Free cash flow −257,2% YoY
• ▍Net margin -93.6%

Revenue TWD 13.49B, +11,3% YoY; Operating income −92,4% YoY.

• ▍Revenue TWD 13.49B, +11,3% YoY
• ▍Operating income −92,4% YoY
• ▍Net income −91,2% YoY
• ▍Free cash flow −90,3% YoY
• ▍Net margin 4.5%

Revenue TWD 13.01B, +2,7% YoY; Operating income +194,8% YoY.

• ▍Revenue TWD 13.01B, +2,7% YoY
• ▍Operating income +194,8% YoY
• ▍Net income +154,8% YoY
• ▍Free cash flow +157,5% YoY
• ▍Net margin 3.6%

Revenue TWD 10.54B; Operating income TWD 394.6M.

• ▍Revenue TWD 10.54B
• ▍Operating income TWD 394.6M
• ▍Net margin 2.9%

Revenue TWD 11.87B; Operating income TWD 4.70B.

• ▍Revenue TWD 11.87B
• ▍Operating income TWD 4.70B
• ▍Net margin 65.2%

Revenue TWD 12.12B; Operating income TWD 7.30B.

• ▍Revenue TWD 12.12B
• ▍Operating income TWD 7.30B
• ▍Net margin 57.3%

Revenue TWD 12.67B; Operating income -TWD 843.2M.

• ▍Revenue TWD 12.67B
• ▍Operating income -TWD 843.2M
• ▍Net margin -6.8%

Revenue TWD 50.38B, +6,1% YoY; Operating income −197,6% YoY.

• ▍Revenue TWD 50.38B, +6,1% YoY
• ▍Operating income −197,6% YoY
• ▍Net income −176,7% YoY
• ▍Free cash flow −227,1% YoY
• ▍Net margin -22.0%

Revenue TWD 47.48B, −5,7% YoY; Operating income +859,0% YoY.

• ▍Revenue TWD 47.48B, −5,7% YoY
• ▍Operating income +859,0% YoY
• ▍Net income +451,2% YoY
• ▍Free cash flow +402,0% YoY
• ▍Net margin 30.5%

Revenue TWD 50.35B, +45,8% YoY; Operating income +88,0% YoY.

• ▍Revenue TWD 50.35B, +45,8% YoY
• ▍Operating income +88,0% YoY
• ▍Net income −72,0% YoY
• ▍Free cash flow −48,9% YoY
• ▍Net margin 5.2%