Transtouch Technology Inc

Transtouch Technology Inc has a liquidity position that appears robust, with a current ratio of 3.32, indicating the company can cover its short-term liabilities more than three times over. The company's cash and equivalents amount to 86,937,000 TWD, which is a significant portion of its total assets of 499,549,000 TWD. The price-to-book ratio of 1.82 suggests that the market values the company at a premium to its book value, but the negative operating and net income figures indicate that the company is not currently generating profits.

The company's profitability is a concern, with a return on equity of -1.23% and a return on assets of -0.93%, both of which are negative and suggest that the company is not effectively utilizing its equity and assets to generate returns. The operating income is -9,650,000 TWD, and the net income is -4,651,000 TWD, indicating that the company is experiencing losses. The gross profit of 563,000 TWD is minimal compared to the company's revenue of 70,714,000 TWD, suggesting that the company's cost of goods sold is high.

The company's revenue concentration is not disclosed in the provided data, but the absence of segment or geographic breakdowns implies that the company may not have a diversified revenue stream. The company's operating cash flow is negative at -1,554,000 TWD, which is a red flag for its ability to generate cash from operations. However, the free cash flow is positive at 2,508,000 TWD, indicating that the company has some capacity to fund its operations and investments.

The company's growth trajectory is uncertain, as the provided data does not include future outlooks or projections. The company's recent performance, with a negative operating income and net income, suggests that it may be facing challenges in its core operations. The company's debt-to-equity ratio of 0.12 indicates a relatively low level of debt, which is a positive aspect of its capital structure.

The risk assessment for Transtouch Technology Inc indicates low liquidity and dilution risks, with no immediate filing-based liquidity or dilution flags detected. The company's dilution potential is low, and there are no adjustments applied to the valuation metrics, suggesting that the company's financial position is stable. The absence of dilution sources in the provided data implies that the company has not issued new shares recently or has not disclosed any plans for future share issuance.

Recent events related to Transtouch Technology Inc are not detailed in the provided data, but the company's last actual EPS was -0.23 TWD, indicating a loss per share. The company's financial performance, as reflected in its negative operating and net income, suggests that it may be facing operational challenges that need to be addressed.

Free cash flow surged 208.9% year-over-year to TWD 14.2 million, demonstrating significant improvement in cash generation capabilities.

Net income losses narrowed by 82.7% year-over-year, indicating a strong trajectory toward profitability and reduced operational losses.

Long-term debt decreased to TWD 26.9 million, reflecting a deleveraging trend and improved balance sheet health over recent periods.

The debt-to-equity ratio of 0.12 is well below the cohort median of 0.26, suggesting lower financial leverage risk.

Operating income losses contracted by 18.3% year-over-year, showing modest progress in controlling core operational expenses relative to revenue.

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

Net margin of -6.6% ranks in the bottom quartile of the cohort, confirming persistent inability to generate net profits.

Return on equity of -1.2% remains negative and below the cohort median, indicating inefficient use of shareholder capital.

Revenue TWD 56.0M; Operating income -TWD 11.0M.

• ▍Revenue TWD 56.0M
• ▍Operating income -TWD 11.0M
• ▍Net margin -13.4%

Revenue TWD 60.2M; Operating income -TWD 17.4M.

• ▍Revenue TWD 60.2M
• ▍Operating income -TWD 17.4M
• ▍Net margin -20.7%

Revenue TWD 75.2M; Operating income -TWD 5.7M.

• ▍Revenue TWD 75.2M
• ▍Operating income -TWD 5.7M
• ▍Net margin -3.4%

Revenue TWD 262.0M, −28,9% YoY; Operating income −150,6% YoY.

• ▍Revenue TWD 262.0M, −28,9% YoY
• ▍Operating income −150,6% YoY
• ▍Net income −175,9% YoY
• ▍Free cash flow −107,5% YoY
• ▍Net margin -10.4%

Revenue TWD 368.6M, +3,2% YoY; Operating income +53,3% YoY.

• ▍Revenue TWD 368.6M, +3,2% YoY
• ▍Operating income +53,3% YoY
• ▍Net income +64,3% YoY
• ▍Free cash flow +357,6% YoY
• ▍Net margin -2.7%

Revenue TWD 401.0M; Operating income -TWD 43.5M.

• ▍Revenue TWD 401.0M
• ▍Operating income -TWD 43.5M
• ▍Net margin -9.0%