Chang Jia M&E Engineering Corp

Chang Jia M&E Engineering Corp maintains a strong liquidity position with cash and equivalents amounting to TWD 455,203,000, representing 26.6% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is 0.83, indicating a robust ability to meet short-term obligations. The current ratio of 1.6 further supports this, showing that the company has 1.6 times more current assets than current liabilities. Profitability metrics show a return on equity (ROE) of 5.33% and a return on assets (ROA) of 2.95%, both below the median for the Construction & Engineering industry. The company's gross margin is 15.28%, and operating margin is 5.74%, which are in line with industry norms. However, the net margin of 5.45% is slightly below the industry median, indicating potential inefficiencies in cost management or pricing. The company's revenue is primarily concentrated in the construction and engineering services segment, with no disclosed geographic breakdown. This lack of diversification may expose the company to regional economic fluctuations. Chang Jia M&E Engineering Corp does not report revenue by geographic region, making it difficult to assess exposure to specific markets. Looking ahead, the company is projected to see a 3.5% increase in revenue in the current fiscal year and a 2.1% increase in the next fiscal year. These growth rates are modest compared to the industry median of 5.0% and 4.5%, respectively. The company's capital expenditure of TWD -137,963,000 indicates a focus on maintaining rather than expanding its asset base. Risk factors for the company include low liquidity and dilution risk, with no immediate filing-based flags detected. The company's debt-to-equity ratio is 0.0, indicating no long-term debt obligations. However, the free cash flow of TWD -64,635,000 suggests that the company is currently investing in capital expenditures, which could impact future liquidity. Recent events include the company's latest financial filing, which shows a net income of TWD 50,586,000 and an operating income of TWD 52,729,000. The company's market price is TWD 24.15, with a market cap of TWD 913,811,850. Analyst estimates indicate a last actual EPS of TWD 2.72, which is in line with the company's reported net income.