Error occured in EAN validator

The company maintains a strong liquidity position, with cash and equivalents amounting to TWD 7.15 billion, which is higher than its long-term debt of TWD 812.6 million. The current ratio of 2.81 indicates a solid ability to meet short-term obligations. However, the company is net cash negative after subtracting total debt, which introduces a medium liquidity risk.

Profitability metrics show a return on equity (ROE) of 0.8% and a return on assets (ROA) of 0.6%, both of which are below the typical thresholds for high-performing technology firms. The operating margin is 3.5%, and the net profit margin is 6.4%, suggesting that the company is generating modest returns relative to its revenue.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to sector-specific and regional risks. The company's capital expenditures are negative, indicating that it is generating more cash from operations than it is investing in new assets.

Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or decline projected in the next fiscal year. The free cash flow of TWD 1.01 billion provides flexibility for reinvestment or shareholder returns. However, the company's low dilution risk and the absence of near-term equity issuance plans suggest that capital structure is unlikely to change significantly in the near term.

Recent filings and transcripts do not indicate any material changes in the company's operations or strategy. Analysts have provided a mean price target of TWD 54.00, with a neutral recommendation of 3.00, indicating a balanced outlook with no strong buy or sell signals.

Revenue surged 105.8% year-over-year to TWD 156 billion in FY2026, demonstrating significant top-line expansion.

Operating income grew 69.0% year-over-year to TWD 2.05 billion, showing strong operational leverage despite margin pressure.

Cash conversion ratio of 2.66 ranks in the top quartile of the 466-company cohort, highlighting efficient cash generation.

Debt-to-equity ratio of 0.08 is well below the cohort median of 0.26, reflecting a conservative capital structure.

Operating margin of 3.5% trails the Electronic Equipment & Parts cohort median of 4.1%, suggesting competitive pricing pressure.

Analysts assign a hold rating with a target price of TWD 54, implying 3.9% downside from the current market price.

Revenue TWD 25.27B, −15,8% YoY; Operating income −30,3% YoY.

• ▍Revenue TWD 25.27B, −15,8% YoY
• ▍Operating income −30,3% YoY
• ▍Net income −30,4% YoY
• ▍Free cash flow −61,7% YoY
• ▍Net margin 2.6%

Revenue TWD 33.24B; Operating income TWD 222.9M.

• ▍Revenue TWD 33.24B
• ▍Operating income TWD 222.9M
• ▍Net margin 2.7%

Revenue TWD 156.06B, +105,8% YoY; Operating income +69,0% YoY.

• ▍Revenue TWD 156.06B, +105,8% YoY
• ▍Operating income +69,0% YoY
• ▍Net income −8,6% YoY
• ▍Free cash flow −36,3% YoY
• ▍Net margin 2.1%

Revenue TWD 75.82B, +1,7% YoY; Operating income +1,5% YoY.

• ▍Revenue TWD 75.82B, +1,7% YoY
• ▍Operating income +1,5% YoY
• ▍Net income −15,9% YoY
• ▍Free cash flow −37,3% YoY
• ▍Net margin 4.7%

Revenue TWD 74.53B, −17,6% YoY; Operating income −58,0% YoY.

• ▍Revenue TWD 74.53B, −17,6% YoY
• ▍Operating income −58,0% YoY
• ▍Net income −0,1% YoY
• ▍Free cash flow +33,6% YoY
• ▍Net margin 5.7%

Revenue TWD 90.47B, −13,1% YoY; Operating income −20,7% YoY.

• ▍Revenue TWD 90.47B, −13,1% YoY
• ▍Operating income −20,7% YoY
• ▍Net income −5,0% YoY
• ▍Free cash flow +24,5% YoY
• ▍Net margin 4.7%

Revenue TWD 104.08B; Operating income TWD 3.59B.

• ▍Revenue TWD 104.08B
• ▍Operating income TWD 3.59B
• ▍Net margin 4.3%