Companies ›Real Estate ›4113.TWO

4113.TWO — TPEx Real Estate Rental, Development & Operations

4113.Two

$14,80

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Mcap

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P/E

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EV / Rev

—

Div yield

0,00 %

Op margin

-0,4 %

ROE

-2,3 %

Net margin

-16,4 %

Debt / equity

2,27

Beta

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52w range

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Volume

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Day range

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Prev close

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Open

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Next earnings

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Ex-dividend

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TR 1Y

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About

4113.TWO operates in the real estate rental, development, and operations industry, generating revenue primarily through property management, leasing, and development activities.

Business. 4113.TWO operates in the real estate rental, development, and operations industry, generating revenue primarily through property management, leasing, and development activities.

Classification92 %

SectorReal Estate

IndustryReal Estate Rental, Development & Operations

Generated · model-assisted

Sell-side consensus

—consensus pending

— buy— hold— sell

Avg 12m price target—

Upcoming events

— missing data

See all catalysts →

At a glance

Score

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not yet scored

Valuation

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valuation pending

Analysts

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not yet wired

Ownership

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not yet wired

Profitability→

-2,3 %

return on equity

Quality

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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

No recent newsroom coverage mentioning 4113.

Sector rotation

Sector1D1Mvs mkt

Materials+2,3 %+6,6 %+1,7 %

Communication Services+2,2 %−5,5 %+1,6 %

Energy+0,6 %+3,3 %+0,0 %

Health Care+0,6 %−0,8 %+0,0 %

Information Technology+0,6 %+6,7 %+0,0 %

Consumer Discretionary+0,4 %+7,6 %−0,2 %

Financials−0,3 %−2,8 %−0,9 %

Consumer Staples−0,4 %+2,5 %−1,0 %

Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %

Industrials−1,9 %−3,1 %−2,5 %

Utilities−1,9 %+28,2 %−2,5 %

Developing storylines

No tracked sagas currently linked to 4113.TWO. Browse all sagas →

Analysis

AI analysis

Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

Opportunity

— missing data

Upcoming catalysts

Scheduled public events. Informational only — not investment advice.

Macro
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
Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
Macro & political
ElectionSE Swedish Election2026-09-14 · SE
ElectionUS U.S. Midterms2026-11-03 · US
ElectionFR French Legislative2027-06-01 · FR

Pre-earnings brief

— missing data

Signals & dispatch

peak dispatch · —

Composite-score breakdown

Synthesis

Business

4113.TWO operates in the real estate rental, development, and operations industry, generating revenue primarily through property management, leasing, and development activities.

Classification92 %

SectorReal Estate

IndustryReal Estate Rental, Development & Operations

AI synthesis

GENERATED

The company's capital structure is highly leveraged, with a debt-to-equity ratio of 2.27, indicating significant reliance on debt financing. Liquidity is assessed as medium, with a current ratio of 1.31, suggesting the company has limited capacity to meet short-term obligations without additional financing. Free cash flow is negative at -299.62 million TWD, and operating cash flow is also negative at -2.92 billion TWD, signaling cash flow constraints.

Profitability is weak, with a return on equity of -2.34% and a return on assets of -0.63%, both significantly below industry norms for real estate firms. The company reported a net loss of 100.03 million TWD and an operating loss of 2.54 million TWD, indicating operational inefficiencies or declining asset performance.

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 downturns or regulatory changes.

Growth appears to be under pressure, with no disclosed revenue growth in the most recent period. The company's capital expenditure of -9.16 million TWD suggests minimal investment in new development or asset improvement, which could hinder long-term growth.

The company faces moderate liquidity risk due to negative free and operating cash flows, and a high debt load. Dilution risk is assessed as low, with no recent or disclosed share issuance or dilutive events. However, the company's negative net cash position after subtracting total debt raises concerns about its ability to service debt obligations without further financing.

Recent filings and transcripts do not indicate any major strategic shifts or new initiatives. The company appears to be in a period of operational and financial recalibration, with no clear signals of near-term recovery or expansion.

Key takeaways

The company is highly leveraged, with a debt-to-equity ratio of 2.27, indicating significant financial risk.
Profitability is negative, with a return on equity of -2.34% and a return on assets of -0.63%.
Free and operating cash flows are negative, signaling liquidity constraints and operational inefficiencies.
The company lacks geographic and segment diversification, increasing exposure to regional risks.
Growth appears to be stagnant, with minimal capital expenditure and no disclosed revenue growth.
Dilution risk is low, but liquidity risk remains a concern due to negative cash flows and high debt.

Bull / Bear case

analysis pipeline

— missing data

In focus — financials by report

Valuation

Market price

$14,80

Market cap

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Enterprise valueⓘ

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P/Eⓘ

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Non-GAAP P/Eⓘ

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EV / Revenueⓘ

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EV / Op incomeⓘ

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EV / OCFⓘ

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P / Bⓘ

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P / Tangible bookⓘ

—

Tangible book

$4.27B

Net cashⓘ

-$9.70B

Current ratioⓘ

1.3

Debt / equityⓘ

2.3

ROAⓘ

-0.6%

ROEⓘ

-2.3%

Cash conversionⓘ

2918.0%

CapEx / revenueⓘ

-1.5%

SBC / revenueⓘ

—

Dilution ratioⓘ

0.0%

Revenue by segment

Business relationships

— missing data

Supply chain

— missing data

Peer comparison

— missing data

Market position

Stress test

— missing data

Predictor forecast

Options

— missing data

Short squeeze

— missing data

Earnings-call key lines

— missing data

Estimate revisions

consensus EPS · 26-week trend

— missing data

Sell-side observations

— missing data

Themes

— missing data

ESG

— missing data

Risk factors

Dilution riskLow

Liquidity riskMedium

Filing-based flags

Net cash is negative after subtracting total debt.

Benchmarks vs cohort

Op Margin-0,4 %Below median

Net Margin-16,4 %Bottom quartile

ROE-2,3 %Bottom quartile

Capex / Rev-1,5 %Below median

D/E2,27Bottom quartile

Cash Conv29,18Best in class

Corporate actions / M&A

— missing data

FX exposure

— missing data

Comparable transactions

— missing data

Derivatives & instruments

— missing data

Actions

Set alert Open in charts

Ask Handelsavisen

— missing data

Data sources

Market data
Market data cache
Issuer disclosures
Public news
Earnings transcripts
Consensus estimates
ESG data

How metrics are computed

Dilution Ratio
(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
Net Cash
cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
Capex To Revenue
capital_expenditure / revenue
Return On Equity
net_income / total_equity
Debt To Equity
(short_term_debt + long_term_debt) / total_equity
Cash Conversion Ratio
operating_cash_flow / net_income

Source documents

4113.TWO Market data — financials · 2026-05-26

Ownership & reference

Insider activity

— missing data

Short positioning

— missing data

Geographic breakdown

— missing data

Listings · one canonical issuer all listings resolve to the canonical

4113.TWOCanonical

TPEx · USD

Intel & risk

peak dispatch · —

OSINT findings

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Evidence & claims

From filings & derived data

— missing data

The Thread

Everything we know, in order

— missing data

Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage

At a glance

What drives this business

News & coverage

Sector rotation

Developing storylines

Analysis

Opportunity

Upcoming catalysts

Pre-earnings brief

Signals & dispatch

Composite-score breakdown

Synthesis

Bull / Bear case

In focus — financials by report

Valuation

Revenue by segment

Market share

Business relationships

Supply chain

Peer comparison

Market position

Stress test

Predictor forecast

Options

Short squeeze

Earnings-call key lines

Estimate revisions

Sell-side observations

Themes

ESG

Risk factors

Benchmarks vs cohort

Corporate actions / M&A

FX exposure

Comparable transactions

Derivatives & instruments

Actions

Ask Handelsavisen

Ownership & reference

Insider activity

Short positioning

Geographic breakdown

Intel & risk

Evidence & claims

The Thread