Newretail Co Ltd

Newretail Co Ltd has a debt-to-equity ratio of 0.1, indicating a relatively conservative capital structure with limited leverage. However, the company's liquidity position is rated as medium, with a current ratio of 0.92, suggesting that it may struggle to meet short-term obligations without additional financing. The company reported negative operating and free cash flows of -14.85 million and -5.46 million TWD, respectively, signaling cash flow constraints.

Profitability metrics are weak, with a return on equity of -8.2% and a return on assets of -4.69%, both significantly below the industry median for online services. The company's operating margin is negative, and its net income is also negative, indicating a failure to generate profits from core operations. These results suggest a need for operational restructuring or cost optimization to improve returns.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financials. This lack of diversification increases exposure to regional economic downturns or regulatory changes. No material revenue is attributed to international markets, and the company does not report segment-specific performance metrics.

Looking ahead, the company is expected to report a revenue of 822.72 million TWD in the current fiscal year, but no growth is projected for the next fiscal year. The absence of capital expenditure and the negative operating cash flow suggest a lack of investment in future growth, which may limit long-term revenue potential.

The company's risk profile is moderate, with a low dilution risk and a medium liquidity risk. The negative net cash position after subtracting total debt is a key flag, indicating potential pressure to raise additional capital. No recent dilutive events are reported, and the company has not issued new shares in the last 12 months.

No recent filings or transcripts are available to provide insight into management commentary or strategic direction. The absence of public guidance or investor updates limits visibility into the company's near-term plans or operational improvements.

Cash conversion of 1.63 exceeds the Online Services cohort median of 1.06, indicating superior cash generation efficiency.

Debt-to-equity ratio of 0.1 matches the cohort median, suggesting manageable leverage relative to peers in the sector.

Capex to revenue ratio of -0.0044 ranks above the 75th percentile, implying lower capital intensity than most peers.

The company carries a high credit risk flag, indicating significant concerns regarding its ability to meet financial obligations.

Revenue TWD 12.9M, +11,3% YoY; Operating income +42,1% YoY.

• ▍Revenue TWD 12.9M, +11,3% YoY
• ▍Operating income +42,1% YoY
• ▍Net income +75,0% YoY
• ▍Free cash flow +85,5% YoY
• ▍Net margin -55.3%

Revenue TWD 15.5M, +44,9% YoY; Operating income +14,4% YoY.

• ▍Revenue TWD 15.5M, +44,9% YoY
• ▍Operating income +14,4% YoY
• ▍Net income +34,0% YoY
• ▍Free cash flow +43,8% YoY
• ▍Net margin -70.8%

Revenue TWD 13.5M, +25,5% YoY; Operating income +19,9% YoY.

• ▍Revenue TWD 13.5M, +25,5% YoY
• ▍Operating income +19,9% YoY
• ▍Net income +24,2% YoY
• ▍Free cash flow −12,2% YoY
• ▍Net margin -67.0%

Revenue TWD 54.6M, +5,6% YoY; Operating income +14,8% YoY.

• ▍Revenue TWD 54.6M, +5,6% YoY
• ▍Operating income +14,8% YoY
• ▍Net income +41,3% YoY
• ▍Free cash flow +38,3% YoY
• ▍Net margin -71.2%