ENLIGHT Corp
ENLIGHT Corp is a technology company specializing in electronic equipment and parts, primarily generating revenue through the production and sale of electrical equipment.
Business. ENLIGHT Corp (2438.TW) is a technology equipment company operating within the electronic equipment and parts industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. The company is listed on the Taiwan Stock Exchange under the ticker 2438.TW.
At a glance
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- 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
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
ENLIGHT Corp (2438.TW) is a technology equipment company operating within the electronic equipment and parts industry. The firm generates revenue through the sale of products, though specific operating segments and geographic breakdowns are not disclosed. The company is listed on the Taiwan Stock Exchange under the ticker 2438.TW.
ENLIGHT Corp's capital structure is characterized by a high debt-to-equity ratio of 1.48, indicating a significant reliance on debt financing. The company's liquidity position is assessed as medium, with a current ratio of 1.09, suggesting limited short-term liquidity cushion. The company's free cash flow is negative at -64,928,000 TWD, and operating cash flow is also negative at -50,018,000 TWD, indicating cash flow challenges.
Profitability metrics for ENLIGHT Corp are negative, with a return on equity of -7.44% and a return on assets of -2.29%. These figures are below the industry median for profitability, reflecting poor performance relative to peers in the electronic equipment and parts industry.
The company's revenue is not segmented by geographic region or product line in the available data, but the negative net income of -31,734,000 TWD suggests a lack of diversification or concentration in a single market or product. The operating loss of -43,886,000 TWD further indicates a lack of geographic or product diversification.
ENLIGHT Corp's growth trajectory is negative, with a net income loss of -31,734,000 TWD and an operating income loss of -43,886,000 TWD. The company's revenue of 612,130,000 TWD is not accompanied by any positive growth indicators, and the negative cash flows suggest a lack of expansion or investment in the business.
The company's risk assessment indicates a medium liquidity risk and a low dilution risk. The negative net cash position after subtracting total debt is a key flag, suggesting potential liquidity constraints. The company's capital structure, with a high debt-to-equity ratio, also contributes to financial risk.
Recent events and filings for ENLIGHT Corp are not detailed in the available data, but the negative financial performance and liquidity position suggest potential challenges in the near term. The company's financial snapshot indicates a need for strategic adjustments to improve profitability and liquidity.
- ENLIGHT Corp is experiencing significant financial losses, with a net income loss of -31,734,000 TWD and an operating income loss of -43,886,000 TWD.
- The company's capital structure is heavily reliant on debt, with a debt-to-equity ratio of 1.48.
- ENLIGHT Corp's liquidity position is weak, with a current ratio of 1.09 and negative free cash flow of -64,928,000 TWD.
- The company's profitability metrics are negative, with a return on equity of -7.44% and a return on assets of -2.29%.
- The company's growth trajectory is negative, with no positive indicators of expansion or investment.
Bull / Bear case
Generated · model-assistedRevenue grew 15.5% year-over-year to TWD 448.4 million, demonstrating top-line expansion despite ongoing profitability challenges.
Operating income improved 23.3% year-over-year, indicating a positive trend in core operational efficiency and cost management.
Cash conversion ratio of 1.58 exceeds the cohort median of 1.04, suggesting superior ability to convert earnings into cash.
The four-year revenue CAGR of 20.9% highlights strong historical growth momentum in the electronic equipment sector.
Debt-to-equity ratio of 1.48 is significantly higher than the cohort median of 0.26, indicating elevated financial leverage risk.
The company carries a high credit risk flag, reflecting potential difficulties in meeting financial obligations or securing favorable financing.
In focus — financials by report
Revenue TWD 210.1M, −44,2% YoY; Operating income −230,6% YoY.
- ▍Revenue TWD 210.1M, −44,2% YoY
- ▍Operating income −230,6% YoY
- ▍Net income −450,3% YoY
- ▍Free cash flow −90,8% YoY
- ▍Net margin -10.7%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
Options
Short squeeze
Earnings-call key lines
Estimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- ENLIGHT Corp Market data — financials · 2026-05-26