Ichia Technologies Inc

Ichia Technologies Inc has a debt-to-equity ratio of 0.4 and a current ratio of 1.51, indicating a relatively balanced capital structure with moderate liquidity. The company's cash and equivalents amount to 676,366,000 TWD, while its long-term debt stands at 2,638,612,000 TWD, resulting in a net cash position that is negative after subtracting total debt. Free cash flow for the period is 195,166,000 TWD, suggesting the company is generating positive cash from operations after capital expenditures.

In terms of profitability, the company's return on equity (ROE) is 2.76%, and return on assets (ROA) is 1.51%, both of which are below the industry median for Semiconductors. This suggests that the company is underperforming in terms of capital efficiency and asset utilization compared to its peers.

The company's revenue is concentrated in a few key markets, with disclosed segments including consumer electronics, automotive, and industrial applications. However, the exact geographic breakdown of revenue is not available in the provided data. The absence of detailed geographic exposure data limits the ability to assess regional concentration risk.

Looking at the growth trajectory, the company's revenue for the latest period is 2,383,101,000 TWD. While the company has reported positive operating and net income, the growth rate compared to prior periods is not explicitly stated. Analysts have recorded a last actual revenue of 10,848,977,000 TWD, which may indicate a seasonal or quarterly fluctuation.

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 pose a challenge in maintaining liquidity under stress scenarios. No significant dilution sources are identified in the available data, and the number of shares outstanding remains unchanged between basic and diluted shares.

Recent events and filings have not been disclosed in the available data, so no specific recent developments can be reported. The company's financial performance and risk profile suggest a stable but not particularly dynamic business environment.

Revenue grew at a 13.8% CAGR from 2022 to 2026, demonstrating consistent top-line expansion over the four-year period.

Net income surged with a 35.6% CAGR from 2022 to 2026, significantly outpacing revenue growth rates.

Long-term debt nearly doubled from TWD 3.11 billion in 2025 to TWD 5.18 billion in 2026.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or securing favorable financing.

Debt-to-equity ratio of 0.40 is significantly higher than the semiconductor cohort median of 0.24.

Liquidity risk is assessed as medium, suggesting potential challenges in managing short-term financial obligations.

Revenue TWD 2.72B, +8,3% YoY; Operating income +6,4% YoY.

• ▍Revenue TWD 2.72B, +8,3% YoY
• ▍Operating income +6,4% YoY
• ▍Net income −10,3% YoY
• ▍Free cash flow +6,7% YoY
• ▍Net margin 6.9%

Revenue TWD 2.89B, +9,6% YoY; Operating income −20,8% YoY.

• ▍Revenue TWD 2.89B, +9,6% YoY
• ▍Operating income −20,8% YoY
• ▍Net income −20,0% YoY
• ▍Free cash flow −318,6% YoY
• ▍Net margin 6.4%

Revenue TWD 2.80B, +17,5% YoY; Operating income +46,9% YoY.

• ▍Revenue TWD 2.80B, +17,5% YoY
• ▍Operating income +46,9% YoY
• ▍Net income +14,5% YoY
• ▍Free cash flow −102,0% YoY
• ▍Net margin 7.4%

Revenue TWD 2.44B; Operating income TWD 185.9M.

• ▍Revenue TWD 2.44B
• ▍Operating income TWD 185.9M
• ▍Net margin 7.2%

Revenue TWD 2.52B; Operating income TWD 230.0M.

• ▍Revenue TWD 2.52B
• ▍Operating income TWD 230.0M
• ▍Net margin 8.3%

Revenue TWD 2.63B; Operating income TWD 290.4M.

• ▍Revenue TWD 2.63B
• ▍Operating income TWD 290.4M
• ▍Net margin 8.8%

Revenue TWD 2.38B; Operating income TWD 172.8M.

• ▍Revenue TWD 2.38B
• ▍Operating income TWD 172.8M
• ▍Net margin 7.6%

Revenue TWD 10.85B, +13,8% YoY; Operating income +17,9% YoY.

• ▍Revenue TWD 10.85B, +13,8% YoY
• ▍Operating income +17,9% YoY
• ▍Net income +6,0% YoY
• ▍Free cash flow −260,4% YoY
• ▍Net margin 6.9%

Revenue TWD 9.53B, +11,3% YoY; Operating income +60,6% YoY.

• ▍Revenue TWD 9.53B, +11,3% YoY
• ▍Operating income +60,6% YoY
• ▍Net income +52,9% YoY
• ▍Free cash flow −289,6% YoY
• ▍Net margin 7.5%

Revenue TWD 8.56B, +11,8% YoY; Operating income +24,7% YoY.

• ▍Revenue TWD 8.56B, +11,8% YoY
• ▍Operating income +24,7% YoY
• ▍Net income +30,2% YoY
• ▍Free cash flow −26,3% YoY
• ▍Net margin 5.4%

Revenue TWD 7.65B, +18,1% YoY; Operating income +84,5% YoY.

• ▍Revenue TWD 7.65B, +18,1% YoY
• ▍Operating income +84,5% YoY
• ▍Net income +60,4% YoY
• ▍Free cash flow +173,8% YoY
• ▍Net margin 4.7%

Revenue TWD 6.48B; Operating income TWD 209.8M.

• ▍Revenue TWD 6.48B
• ▍Operating income TWD 209.8M
• ▍Net margin 3.4%