2643.Two
2643.TWO operates in the courier, postal, air freight, and land-based logistics industry, providing transportation services and generating revenue primarily through freight and logistics operations.
Business. 2643.TWO operates in the courier, postal, air freight, and land-based logistics industry, providing transportation services and generating revenue primarily through freight and logistics operations.
At a glance
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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
Signals & dispatch
Composite-score breakdown
Synthesis
2643.TWO operates in the courier, postal, air freight, and land-based logistics industry, providing transportation services and generating revenue primarily through freight and logistics operations.
The company maintains a relatively strong liquidity position, with a current ratio of 2.78, indicating that it has more than twice the current assets to cover its current liabilities. However, its operating cash flow is negative at -33.52 million TWD, which may signal short-term cash flow challenges. The price-to-book ratio of 1.16 suggests that the company's market value is slightly above its book value, while the price-to-tangible-book ratio is the same, indicating no significant intangible assets affecting valuation.
Profitability metrics show a return on equity (ROE) of 11.06% and a return on assets (ROA) of 7.23%, both of which are above the typical thresholds for the logistics industry. The company's operating income of 337.704 million TWD and net income of 220.603 million TWD reflect a healthy margin, although gross profit of 624.375 million TWD is relatively modest compared to revenue of 8.39872 billion TWD. The debt-to-equity ratio of 0.09 indicates a conservative capital structure with minimal leverage.
The company's revenue is concentrated in a single business segment, as disclosed in its financials, 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 different markets or product lines.
Looking ahead, the company is expected to see a modest increase in revenue, with analysts forecasting 8.573 billion TWD compared to the actual 8.39872 billion TWD. The mean EPS estimate of 8.40 TWD is higher than the last actual EPS of 6.28 TWD, suggesting potential for improved earnings performance. The company's capital expenditure of -74.057 million TWD indicates a net outflow, which may be related to investments in infrastructure or fleet expansion.
The company faces a medium liquidity risk due to a negative net cash position after subtracting total debt. While the dilution risk is currently low, the company's capital structure and potential for future financing activities should be monitored. The risk assessment highlights the need to watch for changes in cash flow and debt management strategies.
Recent financial filings and transcripts do not provide specific details on new initiatives or strategic shifts. However, the company's performance against analyst estimates and its capital structure suggest a stable but cautious approach to growth and financial management.
- The company has a strong current ratio of 2.78, indicating good short-term liquidity.
- ROE of 11.06% and ROA of 7.23% suggest solid profitability relative to industry norms.
- The company's capital structure is conservative, with a low debt-to-equity ratio of 0.09.
- Analysts expect a modest increase in revenue and earnings, indicating potential for improved performance.
- The company's revenue is concentrated in a single segment, which may increase exposure to market-specific risks.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 8,40 |
| Revenue | —no estimate | —no estimate | 8,6B TWD |
| Operating income | —no estimate | —no estimate | 415,0M TWD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
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- 2643.TWO Market data — financials · 2026-05-26
- Soonest Express Co Ltd Market data — analyst estimates · 2026-05-26