2613.Tw
2613.TW operates in the Marine Port Services industry, providing transportation infrastructure services, primarily generating revenue through port operations and related logistics activities.
Business. 2613.TW operates in the Marine Port Services industry, providing transportation infrastructure services, primarily generating revenue through port operations and related logistics activities.
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- 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
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Composite-score breakdown
Synthesis
2613.TW operates in the Marine Port Services industry, providing transportation infrastructure services, primarily generating revenue through port operations and related logistics activities.
The company maintains a debt-to-equity ratio of 1.69, indicating a capital structure that is moderately leveraged, with total liabilities exceeding total equity. Its liquidity position is assessed as medium, with a current ratio of 1.13, suggesting limited short-term liquidity cushion. Free cash flow is negative at -390.3 million TWD, primarily due to capital expenditures of -1.04 billion TWD, which outpace operating cash flow of 878.6 million TWD.
Profitability metrics show a return on equity of 4.76% and a return on assets of 1.54%, both below the industry median for Marine Port Services. The company's operating margin is 10.42% (350.6 million TWD operating income on 3.37 billion TWD revenue), which is also below the industry median for operating margin. Gross margin is 17.0% (571.4 million TWD gross profit on 3.37 billion TWD revenue), again below the industry median for gross margin.
The company's revenue is concentrated in a single disclosed segment, with no geographic breakdown provided in the latest financial data. This lack of geographic diversification may expose the company to regional economic or regulatory risks.
Outlook for the current fiscal year shows a projected revenue growth of 2.1%, with a net income growth of 1.8%. For the next fiscal year, revenue is expected to grow by 1.5%, and net income by 1.2%. These growth rates are in line with the industry median for revenue growth but below the median for net income growth.
The company faces a medium liquidity risk, as free cash flow is negative and net cash is negative after subtracting total debt. Dilution risk is assessed as low, with no significant dilution sources identified in the latest filings. No adjustments were applied to the valuation metrics, indicating that the company's financials are presented without material restatements or adjustments.
Recent filings and transcripts do not indicate any material events or strategic shifts in the company's operations. The company continues to operate within its core Marine Port Services business, with no new product lines or geographic expansions disclosed in the latest financial data.
- The company is moderately leveraged with a debt-to-equity ratio of 1.69, indicating a capital structure that is not overly aggressive but still carries material interest costs.
- Profitability metrics, including ROE and ROA, are below the industry median, suggesting the company is underperforming its peers in terms of capital efficiency and asset utilization.
- Free cash flow is negative, driven by high capital expenditures, which may limit the company's ability to fund dividends or share repurchases without external financing.
- Revenue and net income growth are modest, in line with industry revenue growth but below the median for net income growth, indicating limited upside potential in the near term.
- The company's liquidity position is medium, with a current ratio of 1.13, and no significant dilution risk is present based on the latest disclosures.
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- Net cash is negative after subtracting total debt.
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- 2613.TW Market data — financials · 2026-05-26