GeoVision Inc

GeoVision maintains a strong liquidity position with a current ratio of 3.87 and a cash and equivalents balance of TWD 339.4 million, which supports its operations and provides a buffer against short-term obligations. The company's debt-to-equity ratio of 0.12 indicates a conservative capital structure, with long-term debt amounting to TWD 231.4 million against total equity of TWD 2,009.4 million. This low leverage profile contributes to its low liquidity risk rating.

Profitability metrics show GeoVision's return on equity (ROE) at 11.57% and return on assets (ROA) at 8.43%, both exceeding the industry median for Communications Equipment firms. The company's net income of TWD 232.5 million on revenue of TWD 323.6 million reflects a net margin of 71.5%, which is significantly higher than the sector average. This suggests efficient cost management and pricing power in its core markets.

The company's revenue is concentrated in a few key markets, with disclosed operations primarily in Asia-Pacific and North America. While this concentration may offer scale advantages, it also exposes GeoVision to regional economic fluctuations and regulatory changes. The company has not disclosed segment-specific revenue breakdowns, limiting visibility into geographic performance differentiation.

Looking ahead, GeoVision's revenue is projected to grow by 4.2% in the current fiscal year and 3.8% in the following year, based on historical performance and market trends. Free cash flow of TWD 244.6 million and operating cash flow of TWD 132.7 million support this growth trajectory, although capital expenditures remain minimal at TWD -22,000. The company's low dilution risk and absence of immediate filing-based flags suggest a stable capital structure with limited near-term equity issuance pressure.

Recent filings and transcripts indicate no material changes in business strategy or financial outlook. The company continues to focus on expanding its product portfolio and enhancing cybersecurity features in its surveillance systems. No significant regulatory or litigation risks were identified in the latest disclosures.

Net income grew at a 29.5% CAGR over four years, demonstrating strong historical earnings expansion.

Debt-to-equity ratio of 0.12 is below the cohort median of 0.22, reflecting a conservative capital structure.

Low dilution, liquidity, and credit risk flags suggest a stable financial profile with minimal immediate threats.

Revenue CAGR of -4.9% over four years highlights a persistent long-term decline in sales volume.

Cash conversion ratio of 0.57 falls below the cohort median of 0.76, suggesting weaker cash generation efficiency.

Return on invested capital of 1.9% is relatively low, implying modest returns on deployed capital.

Revenue TWD 321.4M; Operating income TWD 50.5M.

• ▍Revenue TWD 321.4M
• ▍Operating income TWD 50.5M
• ▍Net margin 54.3%

Revenue TWD 265.0M; Operating income TWD 13.9M.

• ▍Revenue TWD 265.0M
• ▍Operating income TWD 13.9M
• ▍Net margin 5.0%

Revenue TWD 287.8M; Operating income TWD 5.8M.

• ▍Revenue TWD 287.8M
• ▍Operating income TWD 5.8M
• ▍Net margin 71.2%

Revenue TWD 323.6M; Operating income TWD 43.0M.

• ▍Revenue TWD 323.6M
• ▍Operating income TWD 43.0M
• ▍Net margin 71.8%

Revenue TWD 1.20B, −5,2% YoY; Operating income −16,5% YoY.

• ▍Revenue TWD 1.20B, −5,2% YoY
• ▍Operating income −16,5% YoY
• ▍Net income +117,7% YoY
• ▍Free cash flow +97,0% YoY
• ▍Net margin 52.2%

Revenue TWD 1.32B, +5,8% YoY; Operating income −6,2% YoY.

• ▍Revenue TWD 1.32B, +5,8% YoY
• ▍Operating income −6,2% YoY
• ▍Net income −39,4% YoY
• ▍Free cash flow −64,5% YoY
• ▍Net margin 8.1%

Revenue TWD 1.25B; Operating income TWD 168.0M.

• ▍Revenue TWD 1.25B
• ▍Operating income TWD 168.0M
• ▍Net margin 14.2%