Alltek Technology Corp

Alltek Technology Corp has a liquidity position that is relatively strained, with a current ratio of 1.31 and negative net cash after subtracting total debt. The company's price-to-book ratio of 4.14 and price-to-tangible-book ratio of 4.14 suggest that the market is valuing the company at a premium to its book value, which may reflect expectations of future growth or intangible assets. However, the company's operating cash flow is negative at -1,316,848,000 TWD, indicating that it is not generating sufficient cash from operations to sustain its activities.

Profitability metrics for Alltek Technology Corp are weak compared to industry standards. The company's return on equity (ROE) is 2.58%, and return on assets (ROA) is 0.57%, both of which are below the typical thresholds for healthy performance in the semiconductor equipment and testing industry. The gross profit margin is 5.06%, and the operating margin is 2.58%, which are also below the industry median for companies in this sector.

Alltek Technology Corp's revenue is not segmented by geographic region or product line in the available data, but the company's exposure to the semiconductor industry suggests a high concentration in this sector. The semiconductor industry is cyclical and subject to rapid technological changes, which can impact demand for Alltek's products and services.

The company's growth trajectory appears to be mixed. While the most recent actual revenue was reported at 31,795,068,000 TWD, the current revenue is 10,791,081,000 TWD, suggesting a significant decline in performance. The company's free cash flow is positive at 141,423,000 TWD, which is a positive sign, but the negative operating cash flow indicates that the company is not generating enough cash from its core operations to support its activities.

Risk factors for Alltek Technology Corp include liquidity constraints and the potential for dilution, although the risk of dilution is currently assessed as low. The company's debt-to-equity ratio of 1.78 is relatively high, which increases its financial risk and may limit its ability to invest in growth opportunities. The company has not made any recent public filings or disclosures that would indicate significant changes in its business strategy or financial position.

Revenue grew at a 5.1% CAGR over four years, indicating modest top-line expansion despite recent volatility.

Operating income remained relatively stable year-over-year, suggesting some resilience in core operational profitability.

Long-term debt decreased from TWD 7.1 billion in 2018 to TWD 5.5 billion in 2019, showing debt reduction.

The company maintains a positive book value of TWD 4.6 billion, providing a baseline asset cushion.

Dilution risk is assessed as low, protecting existing shareholders from significant equity value erosion.

The debt-to-equity ratio of 1.78 is in the bottom quartile, reflecting excessive leverage compared to peers.

Operating and net margins are significantly below cohort medians, highlighting inferior profitability efficiency.

High credit risk flags suggest potential difficulties in meeting financial obligations or securing favorable financing.

Revenue TWD 11.93B, +18,6% YoY; Operating income +203,3% YoY.

• ▍Revenue TWD 11.93B, +18,6% YoY
• ▍Operating income +203,3% YoY
• ▍Net income +126,3% YoY
• ▍Free cash flow +149,7% YoY
• ▍Net margin 2.8%

Revenue TWD 11.67B, −13,8% YoY; Operating income −49,0% YoY.

• ▍Revenue TWD 11.67B, −13,8% YoY
• ▍Operating income −49,0% YoY
• ▍Net income +22,6% YoY
• ▍Free cash flow +20,1% YoY
• ▍Net margin 2.6%

Revenue TWD 9.42B, −18,1% YoY; Operating income −0,7% YoY.

• ▍Revenue TWD 9.42B, −18,1% YoY
• ▍Operating income −0,7% YoY
• ▍Net income −179,1% YoY
• ▍Free cash flow −155,7% YoY
• ▍Net margin -1.6%

Revenue TWD 14.36B, +33,1% YoY; Operating income −11,4% YoY.

• ▍Revenue TWD 14.36B, +33,1% YoY
• ▍Operating income −11,4% YoY
• ▍Net income +88,2% YoY
• ▍Free cash flow +68,5% YoY
• ▍Net margin 1.5%

Revenue TWD 10.06B; Operating income TWD 129.2M.

• ▍Revenue TWD 10.06B
• ▍Operating income TWD 129.2M
• ▍Net margin 1.5%

Revenue TWD 47.38B, +3,2% YoY; Operating income +1,6% YoY.

• ▍Revenue TWD 47.38B, +3,2% YoY
• ▍Operating income +1,6% YoY
• ▍Net income +0,8% YoY
• ▍Free cash flow −36,2% YoY
• ▍Net margin 1.5%

Revenue TWD 45.89B, −18,1% YoY; Operating income −2,7% YoY.

• ▍Revenue TWD 45.89B, −18,1% YoY
• ▍Operating income −2,7% YoY
• ▍Net income +17,9% YoY
• ▍Free cash flow +153,2% YoY
• ▍Net margin 1.5%