Chia Hsin Cement Corp

Chia Hsin Cement Corp has a debt-to-equity ratio of 0.55, indicating a moderate level of leverage relative to its equity base. The company's liquidity position is characterized by a current ratio of 3.69, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

The company's profitability is weak, with a return on equity of -0.0019 and a return on assets of -0.0011, both of which are negative and indicate a loss-making position. These metrics fall below the typical expectations for a construction materials firm, suggesting operational inefficiencies or cost overruns. The operating income is negative at -19.6 million TWD, and the net income is also negative at -38.7 million TWD, reflecting a challenging operating environment.

Chia Hsin Cement Corp operates in a single business segment focused on cement production and sales, with no disclosed geographic diversification. The company's revenue is concentrated in its domestic market, and there is no indication of international operations or revenue diversification.

The company's growth trajectory is uncertain, with no disclosed revenue growth or decline in the most recent financial period. The operating cash flow is positive at 68.3 million TWD, and the free cash flow is 44.7 million TWD, indicating some capacity to fund operations and capital expenditures. However, the capital expenditure of -19.05 million TWD suggests that the company is investing in its operations, which could be a positive sign for future growth.

The risk assessment for Chia Hsin Cement Corp highlights a medium liquidity risk and a low dilution risk. The company's negative net cash position after subtracting total debt is a key flag, indicating potential challenges in maintaining liquidity. There is no indication of recent dilutive events, and the number of shares outstanding remains unchanged between basic and diluted shares.

There are no recent events or filings disclosed in the available data that would significantly impact the company's operations or financial position. The company's financial statements do not reference any material legal proceedings, regulatory actions, or significant business developments in the most recent period.

Net income surged 74.1% year-over-year to TWD 556 million, demonstrating significant recent profitability improvement.

Free cash flow grew 22.6% to TWD 476 million, indicating strong cash generation capabilities in the latest period.

Revenue reached TWD 3.02 billion, maintaining stability with a 1.0% year-over-year increase despite market volatility.

Gross profit expanded to TWD 487 million, reflecting improved top-line efficiency and cost management in recent operations.

Debt-to-equity ratio of 0.55 is below the cohort median of 0.25, suggesting a relatively conservative leverage position.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or securing favorable financing.

Cash conversion ratio of -1.77 is in the bottom quartile, highlighting weak ability to convert earnings into cash.

Revenue TWD 2.25B, +1,5% YoY; Operating income −86,1% YoY.

• ▍Revenue TWD 2.25B, +1,5% YoY
• ▍Operating income −86,1% YoY
• ▍Net income −127,5% YoY
• ▍Free cash flow −174,5% YoY
• ▍Net margin -8.0%

Revenue TWD 2.22B; Operating income -TWD 231.2M.

• ▍Revenue TWD 2.22B
• ▍Operating income -TWD 231.2M
• ▍Net margin 29.6%