Apex Science & Engineering Corp

Apex Science & Engineering Corp maintains a debt-to-equity ratio of 1.28, indicating a moderate reliance on debt financing, while its current ratio of 1.58 suggests it has sufficient short-term assets to cover its short-term liabilities. The company's liquidity position is assessed as medium, with a negative net cash position after subtracting total debt, signaling potential short-term liquidity constraints.

Profitability metrics show a return on equity (ROE) of 1.68% and a return on assets (ROA) of 0.57%, both of which are below the typical thresholds for strong performance in the real estate industry. These figures suggest that the company is not generating substantial returns relative to its equity and asset base.

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, which could impact revenue stability.

Looking ahead, the company is projected to experience a modest growth trajectory, with revenue expected to increase in the current fiscal year. However, the magnitude of the growth is not specified, and the absence of detailed guidance limits the ability to assess long-term growth potential.

The company faces a medium liquidity risk due to its negative net cash position and a high debt-to-equity ratio. While dilution risk is currently assessed as low, the company's capital structure and potential need for additional financing could introduce dilution pressure in the future.

Recent financial filings and transcripts do not indicate any major events or strategic shifts that would significantly alter the company's financial position or operational strategy. The company continues to operate within its established business model.

Net income grew at a 21.5% CAGR over four years, demonstrating strong historical profitability expansion.

Operating income surged 37.9% year-over-year in 2009, indicating significant improvement in core operational efficiency.

Revenue increased 28.6% year-over-year in 2009, reversing previous declines and showing robust top-line growth.

The company generated positive free cash flow of 123 million TWD in 2009, ensuring liquidity for operations.

Dilution risk is assessed as low, suggesting current equity structure remains stable for existing shareholders.

Credit risk is flagged as high, signaling potential difficulties in debt servicing or default probabilities.

Debt-to-equity ratio of 1.28 is more than double the 0.52 cohort median, implying higher financial leverage.

Cash conversion is in the bottom quartile of the cohort, reflecting poor cash generation relative to peers.

Revenue TWD 3.42B, +28,6% YoY; Operating income +37,9% YoY.

• ▍Revenue TWD 3.42B, +28,6% YoY
• ▍Operating income +37,9% YoY
• ▍Net income +12,2% YoY
• ▍Free cash flow −2,8% YoY
• ▍Net margin 6.6%

Revenue TWD 2.66B, −23,7% YoY; Operating income −14,0% YoY.

• ▍Revenue TWD 2.66B, −23,7% YoY
• ▍Operating income −14,0% YoY
• ▍Net income −2,5% YoY
• ▍Free cash flow −5,1% YoY
• ▍Net margin 7.5%

Revenue TWD 3.48B, +18,0% YoY; Operating income +7,1% YoY.

• ▍Revenue TWD 3.48B, +18,0% YoY
• ▍Operating income +7,1% YoY
• ▍Net income −1,0% YoY
• ▍Free cash flow −16,7% YoY
• ▍Net margin 5.9%

Revenue TWD 2.95B, −18,3% YoY; Operating income +204,6% YoY.

• ▍Revenue TWD 2.95B, −18,3% YoY
• ▍Operating income +204,6% YoY
• ▍Net income +101,4% YoY
• ▍Free cash flow +434,7% YoY
• ▍Net margin 7.0%

Revenue TWD 3.61B; Operating income TWD 68.0M.

• ▍Revenue TWD 3.61B
• ▍Operating income TWD 68.0M
• ▍Net margin 2.8%