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Companies Industrials 2611.TW
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2611.TW TWSE Ground Freight & Logistics

2611.Tw

$12,70
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Mcap
2,4B TWD
P/E
EV / Rev
Div yield
3,91 %
Op margin
1,7 %
ROE
3,6 %
Net margin
14,7 %
Debt / equity
0,31
Beta
52w range
Volume
Day range
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Open
Next earnings
Ex-dividend
TR 1Y
About

2611.TW operates in the ground freight and logistics industry, providing transportation services and generating revenue primarily through freight operations.

Business. 2611.TW operates in the ground freight and logistics industry, providing transportation services and generating revenue primarily through freight operations.

Classification92 %
SectorIndustrials
Business sectorTransportation
IndustryGround Freight & Logistics
ActivityTransportation
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
3,6 %
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 2611.
  • 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+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 · THIS SECTOR−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2611.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

    2611.TW operates in the ground freight and logistics industry, providing transportation services and generating revenue primarily through freight operations.

    Classification92 %
    SectorIndustrials
    Business sectorTransportation
    IndustryGround Freight & Logistics
    ActivityTransportation
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a debt-to-equity ratio of 0.31, indicating a relatively conservative leverage position. Its liquidity is assessed as medium, with a current ratio of 7.09, suggesting strong short-term liquidity. However, the company reported negative operating cash flow of -227,577,000 TWD and free cash flow of -156,055,000 TWD, indicating cash outflows from operations.

    Profitability metrics show a return on equity of 3.63% and a return on assets of 2.45%, both below the industry median for ground freight and logistics. The company's gross profit margin is 31.65% (212,731,000 TWD / 672,112,000 TWD), and its operating margin is 1.70% (11,436,000 TWD / 672,112,000 TWD), which is significantly lower than the industry median for operating margin.

    The company's revenue is concentrated in a single disclosed segment, with no geographic breakdown provided. This lack of diversification may expose the company to regional economic fluctuations. The absence of segment or geographic data limits the ability to assess exposure to specific markets or regions.

    The company's growth trajectory is uncertain, with no specific revenue growth projections provided. Historical revenue data shows a total of 672,112,000 TWD in the latest period, but no prior period data is available to calculate year-over-year growth. Analyst estimates indicate a last actual revenue of 1,658,342,000 TWD, which may suggest a significant variance from the reported revenue.

    Risk factors include medium liquidity risk due to negative operating and free cash flows, and a key flag indicating that net cash is negative after subtracting total debt. The company's dilution risk is assessed as low, with no dilution potential identified in the basic shares outstanding. No adjustments were applied to the valuation metrics, suggesting that the company's financials are presented without material adjustments.

    Recent events include the latest financial filing, which provides the most recent revenue and profit figures. No recent earnings call transcripts or other material events are available to provide additional context on the company's performance or strategic direction.

    Key takeaways
    • The company has a conservative debt-to-equity ratio of 0.31, indicating a relatively low leverage position.
    • The company's return on equity of 3.63% and return on assets of 2.45% are below the industry median for ground freight and logistics.
    • The company reported negative operating and free cash flows, indicating cash outflows from operations.
    • The company's revenue is concentrated in a single disclosed segment, with no geographic breakdown provided.
    • The company's liquidity is assessed as medium, with a current ratio of 7.09, but negative operating and free cash flows raise concerns about short-term liquidity.
    • "margin_outlook_rationale": "The company's operating margin of 1.70% is significantly lower than the industry median, indicating potential margin compression.",

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $12,70
    Market cap
    $2.44B
    Enterprise value
    $3.27B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    0.9x
    P / Tangible book
    0.9x
    Tangible book
    $2.71B
    Net cash
    -$833.4M
    Current ratio
    7.1
    Debt / equity
    0.3
    ROA
    2.5%
    ROE
    3.6%
    Cash conversion
    -231.0%
    CapEx / revenue
    -4.9%
    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 riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin1,7 %Bottom quartile
    Net Margin14,7 %Best in class
    ROE3,6 %Below median
    Capex / Rev-4,9 %Below median
    D/E0,31Above median
    Cash Conv-2,31Bottom quartile

    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 Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • 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
    Source documents
    • 2611.TW Market data — financials · 2026-05-26
    • Tze Shin International Co Ltd 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
    2611.TWCanonical
    TWSE · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    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