Tyntek Corp

Tyntek Corp maintains a strong liquidity position with a current ratio of 3.37 and a debt-to-equity ratio of 0.13, indicating a conservative capital structure. The company holds TWD 707.98 million in cash and equivalents, which is 14% of total assets, providing a buffer against short-term obligations. Free cash flow of TWD 164.59 million in the latest period supports operational flexibility and potential reinvestment.

Profitability metrics show a return on equity (ROE) of 3.41% and a return on assets (ROA) of 2.61%, both below the median for the Semiconductors industry. The net income of TWD 133.37 million represents a 20.5% margin on revenue, which is in line with the industry median. Gross profit of TWD 113.31 million reflects a 17.4% margin, suggesting competitive pricing and cost control.

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 risks and regional economic fluctuations. No material revenue is attributed to specific geographic regions, but the absence of geographic breakdown limits visibility into regional risk exposure.

Growth trajectory is mixed, with recent revenue of TWD 649.52 million, a 213% increase from the analyst-estimated TWD 302.81 million in the prior period. However, the outlook for the next fiscal year is not yet quantified, and historical growth rates are not provided. The company's capital expenditure of TWD -100.44 million indicates a reduction in investment, which may signal a shift in strategic focus or a response to market conditions.

Risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's low debt load and strong cash position reduce financial distress risk. However, the lack of geographic and segment diversification introduces operational concentration risk. No dilution potential is identified in the basic shares outstanding, and no adjustments are applied to valuations.

Recent events include a strong revenue performance in the latest period, but no specific filings or transcripts are cited in the available data. The absence of recent strategic announcements or regulatory actions suggests a stable but uneventful operating environment.

The company maintains a conservative debt-to-equity ratio of 0.13, which is lower than the semiconductor cohort median of 0.24.

Tyntek faces low dilution and liquidity risks, providing a stable capital structure environment for long-term investors.

Operating income turned positive in fiscal 2016 at 37.4 million TWD, demonstrating historical capability for operational profitability.

Cash conversion ratio of 0.36 is well below the industry median of 0.91, indicating poor translation of earnings to cash.

Revenue TWD 545.1M, −9,9% YoY; Operating income +702,7% YoY.

• ▍Revenue TWD 545.1M, −9,9% YoY
• ▍Operating income +702,7% YoY
• ▍Net income +1 035,0% YoY
• ▍Free cash flow +169,7% YoY
• ▍Net margin 3.1%

Revenue TWD 514.7M, −7,6% YoY; Operating income +80,2% YoY.

• ▍Revenue TWD 514.7M, −7,6% YoY
• ▍Operating income +80,2% YoY
• ▍Net income +64,1% YoY
• ▍Free cash flow +178,6% YoY
• ▍Net margin -4.4%

Revenue TWD 549.6M, −13,2% YoY; Operating income −311,1% YoY.

• ▍Revenue TWD 549.6M, −13,2% YoY
• ▍Operating income −311,1% YoY
• ▍Net income −455,4% YoY
• ▍Free cash flow −159,5% YoY
• ▍Net margin -5.7%

Revenue TWD 666.8M, +2,7% YoY; Operating income +4,1% YoY.

• ▍Revenue TWD 666.8M, +2,7% YoY
• ▍Operating income +4,1% YoY
• ▍Net income −115,1% YoY
• ▍Free cash flow −89,7% YoY
• ▍Net margin -3.0%

Revenue TWD 604.7M; Operating income -TWD 2.8M.

• ▍Revenue TWD 604.7M
• ▍Operating income -TWD 2.8M
• ▍Net margin -0.3%

Revenue TWD 557.0M; Operating income -TWD 75.6M.

• ▍Revenue TWD 557.0M
• ▍Operating income -TWD 75.6M
• ▍Net margin -11.4%

Revenue TWD 633.0M; Operating income TWD 14.3M.

• ▍Revenue TWD 633.0M
• ▍Operating income TWD 14.3M
• ▍Net margin 1.4%

Revenue TWD 649.5M; Operating income TWD 9.4M.

• ▍Revenue TWD 649.5M
• ▍Operating income TWD 9.4M
• ▍Net margin 20.5%

Revenue TWD 2.34B, −2,4% YoY; Operating income +31,8% YoY.

• ▍Revenue TWD 2.34B, −2,4% YoY
• ▍Operating income +31,8% YoY
• ▍Net income −221,2% YoY
• ▍Free cash flow −75,7% YoY
• ▍Net margin -3.3%

Revenue TWD 2.39B, +5,6% YoY; Operating income +61,0% YoY.

• ▍Revenue TWD 2.39B, +5,6% YoY
• ▍Operating income +61,0% YoY
• ▍Net income +147,7% YoY
• ▍Free cash flow +155,1% YoY
• ▍Net margin 2.6%

Revenue TWD 2.42B, −23,5% YoY; Operating income −87,9% YoY.

• ▍Revenue TWD 2.42B, −23,5% YoY
• ▍Operating income −87,9% YoY
• ▍Net income −125,0% YoY
• ▍Free cash flow −220,1% YoY
• ▍Net margin -7.5%