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2390.TW — — Communications & Networking

2390.Tw

$9,74
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Mcap
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P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
-4,9 %
ROE
-1,2 %
Net margin
-4,0 %
Debt / equity
0,08
Beta
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52w range
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Volume
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Day range
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Prev close
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Open
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Next earnings
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Ex-dividend
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TR 1Y
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About

The company designs and manufactures optical communication components and modules, primarily serving the telecommunications and data center markets.

Business. The company designs and manufactures optical communication components and modules, primarily serving the telecommunications and data center markets.

Classification92 %
SectorTechnology
Business sectorTechnology Equipment
IndustryCommunications & Networking
ActivityCommunications Equipment
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
36
composite score
Valuation
—
valuation pending
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
-1,2 %
return on equity
Quality→
57
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 2390.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services———

    Developing storylines

    No tracked sagas currently linked to 2390.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score36 / 100
    Composite score 0-100 · Data quality 0,57
    Data quality0,57 / 1.00

    Synthesis

    Business

    The company designs and manufactures optical communication components and modules, primarily serving the telecommunications and data center markets.

    Classification92 %
    SectorTechnology
    Business sectorTechnology Equipment
    IndustryCommunications & Networking
    ActivityCommunications Equipment
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a low debt-to-equity ratio of 0.08, indicating a conservative leverage position. However, its liquidity position is assessed as medium, with negative free cash flow of -17.15 million TWD and operating cash flow of 20.45 million TWD. The current ratio of 4.34 suggests strong short-term liquidity, but the negative net cash position after subtracting total debt raises concerns about its ability to fund operations without external financing.

    Profitability metrics show a challenging performance, with a return on equity of -1.18% and a return on assets of -1.01%. These figures indicate that the company is not generating returns that meet the cost of equity or assets, which is below the industry median for Communications Equipment firms. The operating loss of 33.38 million TWD and net loss of 27.4 million TWD further underscore the company's current financial difficulties.

    The company's revenue is concentrated in a few key markets, with the majority of its sales coming from the telecommunications and data center sectors. While the company has a global customer base, its geographic exposure is primarily in Asia, with significant operations in Taiwan. This concentration may expose the company to regional economic and regulatory risks.

    The company's growth trajectory is mixed, with a reported revenue of 679.15 million TWD in the latest period. However, the outlook for the current fiscal year is uncertain, with no clear indication of revenue growth. The company's capital expenditure of -18.15 million TWD suggests a reduction in investment, which may impact long-term growth potential.

    Risk factors include the company's negative net income and operating income, which may lead to increased financial stress. The risk assessment indicates a low probability of dilution, but the company's negative free cash flow and operating cash flow suggest potential liquidity constraints. The company may need to seek additional financing, which could lead to increased debt or equity dilution.

    Recent events include the company's latest financial results, which show a net loss and operating loss. The company's management has not provided detailed guidance on how it plans to address these financial challenges. Analyst estimates suggest that the company's revenue and earnings per share are below expectations, which may impact investor confidence.

    Key takeaways
    • The company is experiencing financial difficulties, with a net loss and operating loss in the latest period.
    • The company's capital structure is conservative, with a low debt-to-equity ratio, but its liquidity position is medium.
    • The company's profitability metrics are below industry medians, indicating poor returns on equity and assets.
    • The company's revenue is concentrated in the telecommunications and data center markets, which may expose it to regional risks.
    • The company's growth trajectory is uncertain, with no clear indication of revenue growth in the current fiscal year.
    • The company's risk assessment indicates a low probability of dilution, but its negative free cash flow and operating cash flow suggest potential liquidity constraints.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $9,74
    Market cap
    —
    Enterprise valueⓘ
    —
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    —
    P / Tangible bookⓘ
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    Tangible book
    $2.32B
    Net cashⓘ
    -$111.0M
    Current ratioⓘ
    4.3
    Debt / equityⓘ
    0.1
    ROAⓘ
    -1.0%
    ROEⓘ
    -1.2%
    Cash conversionⓘ
    -75.0%
    CapEx / revenueⓘ
    -2.7%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin-4,9 %Below median
    Net Margin-4,0 %Below median
    ROE-1,2 %Below median
    Capex / Rev-2,7 %Above median
    D/E0,08Above median
    Cash Conv-0,75Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • 2390.TW Market data — financials · 2026-05-26
    • Everspring Industry Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2390.TWCanonical
    — · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage