Ta Win Holdings Bhd

Ta Win Holdings Bhd reports a liquidity ratio of 1.51, indicating a moderate ability to meet short-term obligations, with total liabilities of MYR 139.37 million and total equity of MYR 148.56 million. The company's debt-to-equity ratio of 0.76 suggests a relatively balanced capital structure, with long-term debt of MYR 112.59 million. However, the company's free cash flow of -MYR 87.91 million indicates a cash outflow, which may pressure liquidity in the near term. The company's profitability metrics are concerning, with a return on equity of -61.91% and a return on assets of -31.94%. These figures are significantly below the industry median for electrical components and equipment, which typically reports positive returns. The operating loss of MYR 91.20 million and net loss of MYR 91.98 million further highlight the company's financial distress. Geographically, Ta Win Holdings Bhd derives revenue from Malaysia, Korea, China, Vietnam, and other regions. However, the financial data does not provide a breakdown of revenue by region, making it difficult to assess geographic concentration risk. The company operates through five segments, but the financial snapshot does not provide segment-specific revenue or profit data, limiting the ability to evaluate performance by business line. The company's revenue for the latest period was MYR 641.89 million, with a gross loss of MYR 16.26 million. Analysts reported a last actual revenue of MYR 594.81 million, suggesting a recent revenue increase. However, the company's operating cash flow of MYR 28.80 million contrasts with the negative free cash flow, indicating that capital expenditures may be consuming operating cash. The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could necessitate additional financing. The dilution risk is low, but the company's capital structure and cash flow dynamics may require monitoring for potential equity issuance. Recent events include a negative ESG controversies score of 100.0, indicating significant controversies, and a low governance pillar score of 32.4. These factors may affect the company's reputation and stakeholder trust. The company's financial performance and ESG metrics suggest a need for strategic and operational improvements to address its current challenges.