1110.Tw
1110.TW operates in the construction materials industry, producing and selling cement, concrete, and related building materials, primarily generating revenue through the sale of these products to construction and infrastructure projects.
Business. 1110.TW operates in the construction materials industry, producing and selling cement, concrete, and related building materials, primarily generating revenue through the sale of these products to construction and infrastructure projects.
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- Macro
- Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- 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
1110.TW operates in the construction materials industry, producing and selling cement, concrete, and related building materials, primarily generating revenue through the sale of these products to construction and infrastructure projects.
The company maintains a conservative capital structure, with a debt-to-equity ratio of 0.28, significantly below the industry median of 0.55. Its liquidity position is moderate, with a current ratio of 1.43, indicating sufficient short-term assets to cover liabilities, though not in excess. Free cash flow stands at 48.5 million TWD, but net cash is negative after subtracting total debt, signaling potential refinancing needs.
Profitability metrics show a return on equity of 2.17% and a return on assets of 1.57%, both below the industry median of 3.2% and 2.8%, respectively. This suggests the company is underperforming in terms of capital efficiency and asset utilization compared to its peers. Gross profit of 428.5 million TWD represents 15% of revenue, which is in line with the industry average, but operating income of 242.4 million TWD is lower than the median of 320 million TWD for similar firms.
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 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 projected to see a 3.2% increase in revenue in the current fiscal year, with a 1.8% growth expected in the following year. This growth is modest compared to the industry's 5.5% and 4.1% projections, respectively. The company's capital expenditure of -111.1 million TWD indicates a reduction in investment, which may affect long-term growth potential.
Risk factors include moderate liquidity risk due to the current ratio of 1.43 and a negative net cash position after debt. The company has a low dilution risk, with no recent share issuance or dilutive events reported. However, the negative net cash position may necessitate future financing, which could introduce dilution pressure if equity is used.
Recent filings and transcripts do not indicate any material events or strategic shifts. The company has not disclosed any new projects, partnerships, or regulatory challenges that would significantly impact its operations or financial performance. No recent earnings calls or investor presentations highlight major changes in strategy or market positioning.
- The company has a conservative capital structure with a debt-to-equity ratio of 0.28, but its liquidity position is moderate.
- Profitability metrics, including return on equity and return on assets, are below industry medians, indicating underperformance.
- Revenue is concentrated in a single business segment with no geographic diversification, increasing exposure to regional risks.
- Growth projections are modest compared to industry benchmarks, with a 3.2% and 1.8% revenue increase expected in the next two fiscal years.
- The company faces moderate liquidity risk and a negative net cash position, which may require future financing and potential dilution.
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- Net cash is negative after subtracting total debt.
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- 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
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- 1110.TW Market data — financials · 2026-05-26