Evergreen Steel Corp

Evergreen Steel Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.11, indicating a low reliance on debt financing. The company's liquidity position is characterized by a current ratio of 1.86, 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.

In terms of profitability, Evergreen Steel Corp reports a return on equity (ROE) of 3.15% and a return on assets (ROA) of 1.99%. These figures are below the industry median for ROE and ROA, indicating that the company is underperforming relative to its peers in terms of generating returns on equity and assets.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases the company's exposure to regional economic fluctuations and regulatory changes. The absence of segment or geographic breakdown in the financial data limits the ability to assess the company's risk profile in detail.

Evergreen Steel Corp's growth trajectory is modest, with no significant revenue growth reported in the latest financial period. The company's capital expenditures were negative at -852.14 million TWD, suggesting a reduction in investment in new projects or infrastructure. This may indicate a strategic shift or a response to market conditions, but it could also signal a lack of growth opportunities.

The company's risk profile is characterized by medium liquidity risk and low dilution risk. The negative net cash position after subtracting total debt raises concerns about the company's ability to meet short-term obligations without additional financing. However, the low dilution risk suggests that the company is not likely to issue new shares in the near term, preserving shareholder value.

Recent events, including analyst estimates and financial filings, indicate a stable but unremarkable performance. The mean and median price targets from analysts are both 90.00 TWD, suggesting a neutral outlook. The company's last actual EPS was 8.60 TWD, and its last actual revenue was 15.32 billion TWD, reflecting a consistent but not exceptional performance.

Net income grew at an 18.9% CAGR over four years, indicating strong historical earnings expansion despite recent revenue fluctuations.

Debt-to-equity ratio of 0.11 is well below the 0.34 industry median, reflecting a conservative and resilient capital structure.

Cash conversion ratio of 0.17 is below the 0.74 industry median, indicating weaker ability to translate earnings into cash.

Revenue TWD 3.81B, +10,6% YoY; Operating income +9,0% YoY.

• ▍Revenue TWD 3.81B, +10,6% YoY
• ▍Operating income +9,0% YoY
• ▍Net income +12,1% YoY
• ▍Free cash flow +63,5% YoY
• ▍Net margin 13.6%

Revenue TWD 4.00B, +21,9% YoY; Operating income +61,2% YoY.

• ▍Revenue TWD 4.00B, +21,9% YoY
• ▍Operating income +61,2% YoY
• ▍Net income +47,5% YoY
• ▍Free cash flow +67,9% YoY
• ▍Net margin 30.0%

Revenue TWD 3.63B, +8,5% YoY; Operating income +10,8% YoY.

• ▍Revenue TWD 3.63B, +8,5% YoY
• ▍Operating income +10,8% YoY
• ▍Net income +56,8% YoY
• ▍Free cash flow +101,5% YoY
• ▍Net margin 34.4%

Revenue TWD 3.88B; Operating income TWD 858.1M.

• ▍Revenue TWD 3.88B
• ▍Operating income TWD 858.1M
• ▍Net margin 16.0%

Revenue TWD 15.32B, +18,6% YoY; Operating income +25,3% YoY.

• ▍Revenue TWD 15.32B, +18,6% YoY
• ▍Operating income +25,3% YoY
• ▍Net income +40,5% YoY
• ▍Free cash flow +391,1% YoY
• ▍Net margin 23.4%

Revenue TWD 11.09B, −3,0% YoY; Operating income +39,5% YoY.

• ▍Revenue TWD 11.09B, −3,0% YoY
• ▍Operating income +39,5% YoY
• ▍Net income +41,4% YoY
• ▍Free cash flow +5,1% YoY
• ▍Net margin 33.1%

Revenue TWD 11.44B, −15,9% YoY; Operating income +36,3% YoY.

• ▍Revenue TWD 11.44B, −15,9% YoY
• ▍Operating income +36,3% YoY
• ▍Net income +103,0% YoY
• ▍Free cash flow +356,9% YoY
• ▍Net margin 22.7%

Revenue TWD 13.61B; Operating income TWD 1.75B.

• ▍Revenue TWD 13.61B
• ▍Operating income TWD 1.75B
• ▍Net margin 9.4%