CompanyGraph
What stands out
- Earnings significantly exceed cash generation
- Most companies in its industry are production businesses; this one is a flow business
At a glance
- Depends onMidstream position: 5 outgoing, 4 incoming connections
- ScaleRevenue is $1.82B, above the global median of $548.88M
- PositionGross margin is 5.2%, lower than 95% of its Communication Equipment peers (median 30.8%)
- Interpretations6 currently firing — 6
What this company is and how it runs — written from structure, not news.
What stands out
- Most companies in its industry are production businesses; this one is a flow business
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
4.35%Below 5Y avg (6.58%)
Annual Rate
TWD 2.00Paid annual
Payout Ratio
41.6%Sustainable
Payback Period
23.0 yr
Last Ex-Dividend
Aug 31, 2026
The reported statements, read against the company's own industry.
What stands out
- Earnings significantly exceed cash generation
Financials view
Market Capitalization
11.36BTWD356.94M · vs all stocks (USD)
Trailing P/E
8.06xvs Communication Equipment peers
Revenue (TTM)
57.93BTWD1.82B · vs all stocks (USD)
Profit Margin
2.43%vs Communication Equipment peers
Beta
0.6820xvs all stocks
52-Week Change
49.28%vs all stocks
Market Capitalization
11.36BTWD356.94M · vs all stocks (USD)
Enterprise Value
15.65BTWD491.79M · vs all stocks (USD)
Trailing P/E
8.06xvs Communication Equipment peers
Forward P/E
18.62xvs Communication Equipment peers
PEG Ratio
-0.0224xvs Communication Equipment peers
Price to Sales (TTM)
0.1954xvs Communication Equipment peers
Price to Book (MRQ)
2.01xvs Communication Equipment peers
Enterprise to Revenue
0.2700xvs Communication Equipment peers
Enterprise to EBITDA
9.49xvs Communication Equipment peers
Gross Margin
5.20%vs Communication Equipment peers
Profit Margin
2.43%vs Communication Equipment peers
Operating Margin
3.05%vs Communication Equipment peers
Return on Assets (TTM)
5.24%vs Communication Equipment peers
Return on Equity (TTM)
27.07%vs Communication Equipment peers
Revenue (TTM)
57.93BTWD1.82B · vs all stocks (USD)
Revenue per Share (TTM)
234.39TWDUpdated Sep 21, 2026Quarterly Revenue Growth
83.30%vs Communication Equipment peers
Gross Profit (TTM)
2.97BTWD93.49M · vs all stocks (USD)
EBITDA (TTM)
2.26BTWD71.08M · vs all stocks (USD)
Net Income (TTM)
1.41BTWD44.29M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
83.31%vs Communication Equipment peers
Operating Cash Flow (TTM)
-1.64BTWD-51.56M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-2.32BTWD-72.91M · vs all stocks (USD)
Trailing Annual Dividend Rate
2.00TWDUpdated Sep 21, 2026Trailing Annual Dividend Yield
4.35%vs all stocks
5-Year Average Dividend Yield
6.58%vs all stocks
Payout Ratio
41.63%vs Communication Equipment peers
Minority Interest (Equity)
213.83MTWDFY2025 · Dec 31, 2025Revenue
47.38BTWDFY2025 · Dec 31, 2025Cost of Goods Sold
44.90BTWDFY2025 · Dec 31, 2025Gross Profit
2.49BTWDFY2025 · Dec 31, 2025Operating Income
1.23BTWD38.68M · vs all stocks (USD)
Pre-tax Income
1.10BTWDFY2025 · Dec 31, 2025Income Tax Expense
394.20MTWDFY2025 · Dec 31, 2025Net Income
705.94MTWDFY2025 · Dec 31, 2025EBIT
1.21BTWDFY2025 · Dec 31, 2025EBITDA (Income Statement)
1.32BTWDFY2025 · Dec 31, 2025Research & Development
157.64MTWDFY2025 · Dec 31, 2025Selling, General & Administrative
1.10BTWDFY2025 · Dec 31, 2025Non-operating Interest Income
85.38MTWDFY2025 · Dec 31, 2025Non-operating Interest Expense
113.52MTWDFY2025 · Dec 31, 2025Minority Interests (P&L)
2.31MTWDFY2025 · Dec 31, 2025Preferred Stock Dividends
0.00TWDFY2025 · Dec 31, 2025Operating Cash Flow
4.07BTWDFY2025 · Dec 31, 2025Free Cash Flow
4.06BTWDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
2.83BTWDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
1.10BTWDFY2025 · Dec 31, 2025Stock-based Compensation
12.41MTWDFY2025 · Dec 31, 2025Other Non-cash Items
28.06MTWDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-1.31BTWDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
4.24BTWDFY2025 · Dec 31, 2025Capital Expenditures
-7.96MTWDFY2025 · Dec 31, 2025Net Intangibles (CF)
-2.17MTWDFY2025 · Dec 31, 2025Net Acquisitions
0.00TWDFY2025 · Dec 31, 2025Purchase of Investments
-14.55MTWDFY2025 · Dec 31, 2025Sale of Investments
24.49MTWDFY2025 · Dec 31, 2025Other Investing Activity
-6.01MTWDFY2025 · Dec 31, 2025Net Investing Cash Flow
-4.03MTWDFY2025 · Dec 31, 2025Long-term Debt Issuance
11.01MTWDFY2025 · Dec 31, 2025Long-term Debt Payments
-19.09BTWDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
469.71MTWDFY2025 · Dec 31, 2025Common Dividends Paid
-584.84MTWDFY2025 · Dec 31, 2025Other Financing Charges
-30.40MTWDFY2025 · Dec 31, 2025Net Financing Cash Flow
-19.23BTWDFY2025 · Dec 31, 2025Shares Outstanding
247.16MSharesUpdated Sep 21, 2026Float Shares
204.27MSharesUpdated Sep 21, 2026% Held by Insiders
18.61%vs all stocks
% Held by Institutions
5.73%vs all stocks
Total Cash (MRQ)
1.41BTWD44.25M · vs all stocks (USD)
Total Cash per Share (MRQ)
5.70TWDUpdated Sep 21, 2026Total Debt (MRQ)
5.54BTWD173.99M · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.9481xvs Communication Equipment peers
Current Ratio (MRQ)
1.46xvs Communication Equipment peers
Book Value per Share (MRQ)
22.82TWDUpdated Sep 21, 2026Total Assets
17.26BTWD542.50M · vs all stocks (USD)
Total Current Assets
15.33BTWDFY2025 · Dec 31, 2025Total Liabilities
11.76BTWDFY2025 · Dec 31, 2025Total Non-current Assets
1.93BTWDFY2025 · Dec 31, 2025Total Non-current Liabilities
1.12BTWDFY2025 · Dec 31, 2025Total Current Liabilities
10.64BTWDFY2025 · Dec 31, 2025Cash & Cash Equivalents
2.83BTWDFY2025 · Dec 31, 2025Other Short-term Investments
35.02MTWDFY2025 · Dec 31, 2025Accounts Receivable
9.03BTWDFY2025 · Dec 31, 2025Inventory
2.97BTWDFY2025 · Dec 31, 2025Accounts Payable
4.24BTWDFY2025 · Dec 31, 2025Short-term Debt
4.97BTWDFY2025 · Dec 31, 2025Other Current Liabilities
181.77MTWDFY2025 · Dec 31, 2025Long-term Debt
485.43MTWDFY2025 · Dec 31, 2025Other Non-current Liabilities
2.90MTWDFY2025 · Dec 31, 2025Common Stock (Book)
2.35BTWDFY2025 · Dec 31, 2025Retained Earnings
1.24BTWDFY2025 · Dec 31, 2025Total Shareholders' Equity
5.50BTWD172.97M · vs all stocks (USD)
Treasury Stock
0.00TWDFY2025 · Dec 31, 202552-Week Low
27.86TWDUpdated Sep 21, 202652-Week High
79.71TWDUpdated Sep 21, 202652-Week Change
49.28%vs all stocks
Beta
0.6820xvs all stocks
50-Day MA
50.61TWDUpdated Sep 21, 2026200-Day MA
46.47TWDUpdated Sep 21, 2026Avg 10-Day Volume
946.80KSharesUpdated Sep 21, 2026Avg 30-Day Volume
1.97MSharesUpdated Sep 21, 2026Diluted EPS (TTM)
5.68TWDUpdated Sep 21, 20266 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Working Capital Pattern
What customers owe has grown three years running, while it clears stock quickly and pays suppliers quickly.
Reads
FCF Ratios Elevated
Its free cash flow is large next to assets and equity, and more of its operating cash reaches it than in its industry.
Reads
Industry-Benchmarked Return on Capital Elevated
It earns more on its assets and its equity than its industry, and gets more sales from those assets.
Reads
Low Fixed-Asset Share With Elevated Turnover
It owns few buildings and machines, yet gets more sales and profit from its assets than its industry does.
Reads
How is this stock valued?
Close Below 40W SMA With Profitability
The price sits below its 40-week average, on three profitable years and cash above profit.
Reads
Drawdown With FCF And Cash Backing
Well below its peak, with three years of positive free cash flow behind it.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Gross margin is 5.2%, lower than 95% of its Communication Equipment peers (median 30.8%)Significant
Gross margin: 0.05Industry median: 0.31Industry P5: 0.08Peers compared: 107
Return on equity is 27.1%, higher than 95% of its Communication Equipment peers (median 1.6%)Significant
Return on equity: 0.27Industry median: 0.02Industry P95: 0.20Peers compared: 107
P/E ratio is 8.06×, lower than 95% of its Communication Equipment peers (median 59.97×)Notable
P/E ratio: 8.06Industry median: 59.97Industry P5: 10.87Peers compared: 107
Structural Tensions
Earnings significantly exceed cash generationSignificant
Net Income (USD, TTM): 44,290,816.895Operating Cash Flow (USD, TTM): -51,556,099.417
Most companies in its industry are production businesses; this one is a flow businessSignificant
Industry peers: 181Share on the common pattern %: 96.00
Financial Health
Altman Z-Score 3.98: safe zoneNotable
Altman Z-Score: 3.98
High earnings qualityNotable
Earnings Quality Score: 1.44
Supply Chain
Midstream position: 5 outgoing, 4 incoming connectionsNotable
Outgoing: 5.00Incoming: 4.00
Scale
Revenue is $1.82B, above the global median of $548.88MNotable
Revenue (USD): 1,820,741,521.166Global Median: 548,883,780.48
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Companies that share active interpretations — structural patterns currently present in both stocks.
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