Wan Hai Lines Ltd

Wan Hai Lines maintains a conservative capital structure with a debt-to-equity ratio of 0.24 and a current ratio of 4.36, indicating strong short-term liquidity. The company holds TWD 78.9 billion in cash and equivalents against TWD 66.7 billion in long-term debt, resulting in a net cash position. Operating cash flow stands at TWD 39.9 billion, while free cash flow is TWD 5.5 billion after capital expenditures of TWD 31.0 billion. The low liquidity risk assessment aligns with these balance sheet metrics.

Profitability metrics show a return on equity of 11.04% and a return on assets of 7.43%. The company trades at a price-to-earnings ratio of 7.42 and a price-to-book ratio of 0.82, suggesting the market values the equity below its book value. The EV/EBITDA multiple is 7.20, reflecting a moderate valuation relative to earnings before interest, taxes, depreciation, and amortization. Without cohort median data, direct comparative analysis of these returns is omitted, but the sub-1.0 P/B ratio indicates a potential discount to tangible assets.

Segment and geographic revenue breakdowns are not provided in the available data, preventing an analysis of revenue concentration or regional exposure. The company’s activity is broadly defined as marine transportation, but specific customer or route dependencies are not disclosed in the input.

Historical revenue and net income trends are not available in the input data, so a growth trajectory analysis cannot be constructed. The latest normalized period shows revenue of TWD 140.4 billion and net income of TWD 31.5 billion, but year-over-year changes are not calculable from the provided snapshot.

Risk assessment indicates low liquidity risk and low dilution risk, with no immediate filing-based flags detected. The shares outstanding basic and diluted counts are identical at 2.81 billion, confirming no current dilutive securities are impacting the share count. The absence of key flags suggests a stable operational and financial environment.

Recent investor relations observations show a mean analyst price target of TWD 81.00, with a high of TWD 88.00 and a low of TWD 74.00. The mean recommendation is 2.25, indicating a moderate buy stance, with one strong buy, one buy, and two hold ratings. No specific filing, news, or transcript events are detailed in the input data.

Revenue TWD 33.64B, −9,3% YoY; Operating income −37,0% YoY.

• ▍Revenue TWD 33.64B, −9,3% YoY
• ▍Operating income −37,0% YoY
• ▍Net income −12,1% YoY
• ▍Free cash flow −85,9% YoY
• ▍Net margin 22.8%

Revenue TWD 33.38B, −19,6% YoY; Operating income −52,6% YoY.

• ▍Revenue TWD 33.38B, −19,6% YoY
• ▍Operating income −52,6% YoY
• ▍Net income −21,7% YoY
• ▍Free cash flow +90,4% YoY
• ▍Net margin 30.0%

Revenue TWD 35.03B, −35,7% YoY; Operating income −63,1% YoY.

• ▍Revenue TWD 35.03B, −35,7% YoY
• ▍Operating income −63,1% YoY
• ▍Net income −36,9% YoY
• ▍Free cash flow −67,2% YoY
• ▍Net margin 33.2%

Revenue TWD 34.85B, −8,7% YoY; Operating income −19,6% YoY.

• ▍Revenue TWD 34.85B, −8,7% YoY
• ▍Operating income −19,6% YoY
• ▍Net income −90,7% YoY
• ▍Free cash flow −94,0% YoY
• ▍Net margin 3.1%

Revenue TWD 37.09B; Operating income TWD 9.24B.

• ▍Revenue TWD 37.09B
• ▍Operating income TWD 9.24B
• ▍Net margin 23.5%

Revenue TWD 41.53B; Operating income TWD 12.97B.

• ▍Revenue TWD 41.53B
• ▍Operating income TWD 12.97B
• ▍Net margin 30.8%

Revenue TWD 54.49B; Operating income TWD 24.38B.

• ▍Revenue TWD 54.49B
• ▍Operating income TWD 24.38B
• ▍Net margin 33.8%

Revenue TWD 38.16B; Operating income TWD 10.78B.

• ▍Revenue TWD 38.16B
• ▍Operating income TWD 10.78B
• ▍Net margin 30.3%

Revenue TWD 140.35B, −13,2% YoY; Operating income −34,2% YoY.

• ▍Revenue TWD 140.35B, −13,2% YoY
• ▍Operating income −34,2% YoY
• ▍Net income −33,6% YoY
• ▍Free cash flow −76,7% YoY
• ▍Net margin 22.4%

Revenue TWD 161.80B, +61,4% YoY; Operating income +663,6% YoY.

• ▍Revenue TWD 161.80B, +61,4% YoY
• ▍Operating income +663,6% YoY
• ▍Net income +917,9% YoY
• ▍Free cash flow +151,7% YoY
• ▍Net margin 29.3%

Revenue TWD 100.22B, −61,3% YoY; Operating income −107,5% YoY.

• ▍Revenue TWD 100.22B, −61,3% YoY
• ▍Operating income −107,5% YoY
• ▍Net income −106,2% YoY
• ▍Free cash flow −186,0% YoY
• ▍Net margin -5.8%

Revenue TWD 258.95B, +13,6% YoY; Operating income −7,8% YoY.

• ▍Revenue TWD 258.95B, +13,6% YoY
• ▍Operating income −7,8% YoY
• ▍Net income −9,9% YoY
• ▍Free cash flow −34,2% YoY
• ▍Net margin 35.9%