Evertop Wire Cable Corp

Evertop Wire Cable Corp maintains a relatively conservative capital structure, with a debt-to-equity ratio of 0.29, indicating a low reliance on debt financing. The company's liquidity position is characterized as medium risk, with a current ratio of 1.81, suggesting it can cover its short-term obligations but with limited buffer. Free cash flow stands at 24.76 million TWD, which is modest relative to operating cash flow of 109.37 million TWD, indicating some reinvestment pressure.

Profitability metrics show a return on equity (ROE) of 1.43% and a return on assets (ROA) of 0.78%, both of which are below the industry median for electrical components and equipment firms. This suggests that Evertop is underperforming in terms of capital efficiency and asset utilization. Gross profit of 94.93 million TWD on revenue of 1.01 billion TWD yields a gross margin of 9.4%, which is also below the industry average, indicating potential pricing or cost control challenges.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and regulatory changes. The absence of segment-specific data limits the ability to assess the performance of different product lines or markets.

Evertop's growth trajectory appears to be flat, with no significant revenue growth reported in the latest financial period. The company's operating income of 46.82 million TWD and net income of 27.41 million TWD suggest stable but unremarkable performance. Analyst estimates for the most recent period indicate a revenue of 8.04 billion TWD and an EPS of -1.29 TWD, which is below the company's reported revenue of 1.01 billion TWD, suggesting a possible discrepancy or a recent earnings decline.

Risk factors include a medium liquidity risk and a low dilution risk. The company's net cash position is negative after accounting for total debt, which could constrain its ability to fund operations or pursue growth opportunities without external financing. There is no indication of near-term dilution pressure, as shares outstanding remain unchanged between basic and diluted counts.

Recent events include the release of the latest financial snapshot, which provides a comprehensive view of the company's financial health. No recent filings or transcripts have been disclosed that would indicate significant operational or strategic changes.

Revenue grew at a 12.9% CAGR over four years, demonstrating consistent top-line expansion for the wire cable manufacturer.

Operating income surged 220.3% year-over-year in FY0, indicating significant improvement in core operational profitability.

Cash conversion of 3.99 ranks best-in-class among peers, highlighting superior efficiency in generating cash from earnings.

Net income CAGR of 32.8% over four years shows strong historical bottom-line growth despite recent volatility.

Debt-to-equity ratio of 0.29 is below the cohort median, suggesting a conservative capital structure relative to peers.

The company faces high credit risk, which could impair its ability to secure favorable financing terms.

Operating margin of 4.63% trails the cohort median of 5.25%, indicating weaker pricing power or cost control.

Revenue TWD 5.21B, +13,4% YoY; Operating income +220,3% YoY.

• ▍Revenue TWD 5.21B, +13,4% YoY
• ▍Operating income +220,3% YoY
• ▍Net income −24,2% YoY
• ▍Free cash flow −132,0% YoY
• ▍Net margin 5.6%

Revenue TWD 4.59B, +11,7% YoY; Operating income −44,5% YoY.

• ▍Revenue TWD 4.59B, +11,7% YoY
• ▍Operating income −44,5% YoY
• ▍Net income +71,6% YoY
• ▍Free cash flow +39,8% YoY
• ▍Net margin 8.4%

Revenue TWD 4.11B, +10,6% YoY; Operating income +138,7% YoY.

• ▍Revenue TWD 4.11B, +10,6% YoY
• ▍Operating income +138,7% YoY
• ▍Net income +1 123,2% YoY
• ▍Free cash flow +440,1% YoY
• ▍Net margin 5.5%

Revenue TWD 3.72B, +15,8% YoY; Operating income +38,8% YoY.

• ▍Revenue TWD 3.72B, +15,8% YoY
• ▍Operating income +38,8% YoY
• ▍Net income −80,5% YoY
• ▍Free cash flow −156,3% YoY
• ▍Net margin 0.5%

Revenue TWD 3.21B; Operating income TWD 78.2M.

• ▍Revenue TWD 3.21B
• ▍Operating income TWD 78.2M
• ▍Net margin 2.9%