Capital Engineering Network PCL

Capital Engineering Network PCL has a liquidity position characterized by a current ratio of 6.93, indicating a strong ability to meet short-term obligations with its current assets. The company holds cash and equivalents of 665,781,050 THB, which is a significant portion of its total assets of 2,507,429,920 THB. Despite this, the company's free cash flow is negative at -288,020,320 THB, suggesting that capital expenditures and operational cash outflows exceed cash inflows. The company's profitability is underperforming, with a return on equity of -16.85% and a return on assets of -8.52%, both of which are negative and indicate a loss-making position. These figures are below the industry norms for the Iron & Steel sector, which typically expects positive returns on equity and assets. The operating income is also negative at -154,429,190 THB, further highlighting the company's financial challenges. Capital Engineering Network PCL's business is segmented into several areas, including investing in other companies, steel wire, production and distribution of high-voltage transmission towers, electricity and thermal energy, distribution of goods, telecom implementation services, and clinic services. The company's revenue is concentrated within the domestic market, with all products sold to domestic customers. The steel wire segment and the production and distribution of high-voltage transmission towers are significant contributors to the company's operations. The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. However, the negative net income of -213,748,280 THB and the negative operating income suggest that the company is not currently experiencing growth. The capital expenditure of -5,077,470 THB indicates that the company is not significantly investing in new projects or expanding its operations. The risk assessment for Capital Engineering Network PCL indicates a low level of liquidity risk, with no immediate filing-based liquidity or dilution flags detected. The company's debt to equity ratio is 0.14, which is relatively low, suggesting that the company is not heavily leveraged. However, the negative returns on equity and assets, along with the negative operating and net income, indicate a high level of financial risk. Recent events related to the company include the financial snapshot and valuation snapshot, which provide insights into the company's current financial position. The company's financial performance is a concern, with negative returns and a negative net income. There are no specific recent events or filings mentioned that would indicate a change in the company's financial strategy or operations.