Godex International Co Ltd

Godex International maintains a strong liquidity position, with cash and equivalents amounting to TWD 342.27 million, representing 24% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is 0.076, indicating a conservative capital structure. The current ratio of 3.09 further supports its ability to meet short-term obligations.

Profitability metrics show a return on equity (ROE) of 2.87% and a return on assets (ROA) of 2.06%, both below the industry median for Computer Hardware firms. The gross margin of 40% is in line with the sector average, but the operating margin of 13.35% is slightly below the median, suggesting potential inefficiencies in cost management.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and shifts in demand for computer peripherals.

Outlook data indicates a projected revenue growth of 5.2% for the current fiscal year, with a 3.8% increase expected in the following year. This growth is driven by expanding demand for label printing solutions in logistics and healthcare sectors.

Risk assessment reveals a low liquidity risk and a low dilution risk, with no immediate filing-based flags detected. The debt-to-equity ratio of 0.02 suggests minimal leverage, and the company has not issued new shares in the past 12 months.

Recent filings and transcripts show no material changes in business strategy or financial position. The company continues to focus on product innovation and customer support to maintain its market position.

Godex exhibits strong balance sheet health with a debt-to-equity ratio of 0.02, well below the 0.30 cohort median.

Revenue has demonstrated consistent growth, achieving a 4.0% compound annual growth rate over the last four years.

The firm faces low dilution, liquidity, and credit risks, indicating a stable operational and financial environment.

Net income declined 2.0% year-over-year, failing to keep pace with the 3.9% revenue growth.

Capital expenditure intensity is below the cohort median, potentially limiting future capacity expansion or innovation.

Revenue TWD 315.6M, −4,0% YoY; Operating income −18,8% YoY.

• ▍Revenue TWD 315.6M, −4,0% YoY
• ▍Operating income −18,8% YoY
• ▍Net income −7,3% YoY
• ▍Free cash flow −11,2% YoY
• ▍Net margin 18.0%

Revenue TWD 359.9M; Operating income TWD 60.5M.

• ▍Revenue TWD 359.9M
• ▍Operating income TWD 60.5M
• ▍Net margin 8.2%

Revenue TWD 281.9M, +11,1% YoY; Operating income +66,0% YoY.

• ▍Revenue TWD 281.9M, +11,1% YoY
• ▍Operating income +66,0% YoY
• ▍Net income +78,9% YoY
• ▍Free cash flow +87,6% YoY
• ▍Net margin 18.7%

Revenue TWD 1.15B, −10,8% YoY; Operating income −18,4% YoY.

• ▍Revenue TWD 1.15B, −10,8% YoY
• ▍Operating income −18,4% YoY
• ▍Net income −23,7% YoY
• ▍Free cash flow −75,3% YoY
• ▍Net margin 12.6%