View ValuationTechman Robot 将来の成長Future 基準チェック /06現在、 Techman Robotの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Machinery 収益成長32.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesNew Risk • Jun 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.65 (vs NT$0.73 in 1Q 2025)First quarter 2026 results: EPS: NT$0.65. Revenue: NT$483.4m (down 2.4% from 1Q 2025). Net income: NT$67.8m (up 3.1% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025).Reported Earnings • Mar 12Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$1.46 (up from NT$1.04 in FY 2024). Revenue: NT$1.82b (up 23% from FY 2024). Net income: NT$136.4m (up 45% from FY 2024). Profit margin: 7.5% (up from 6.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Machinery industry in Taiwan.お知らせ • Mar 09Techman Robot Inc., Annual General Meeting, May 27, 2026Techman Robot Inc., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,2, fu hsing 1st rd., gueishan district, taoyuan city TaiwanReported Earnings • Nov 14Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: NT$0.41 (up from NT$0.27 in 3Q 2024). Revenue: NT$455.4m (up 27% from 3Q 2024). Net income: NT$36.9m (up 50% from 3Q 2024). Profit margin: 8.1% (up from 6.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.お知らせ • Sep 09Techman Robot Inc. has filed a Follow-on Equity Offering in the amount of TWD 738.752 million.Techman Robot Inc. has filed a Follow-on Equity Offering in the amount of TWD 738.752 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,104,000 Price\Range: TWD 238Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.46 profit in 2Q 2024)Second quarter 2025 results: NT$0.33 loss per share (down from NT$0.46 profit in 2Q 2024). Revenue: NT$395.8m (down 9.5% from 2Q 2024). Net loss: NT$29.5m (down 172% from profit in 2Q 2024).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.25 in 1Q 2024)First quarter 2025 results: EPS: NT$0.73 (up from NT$0.25 in 1Q 2024). Revenue: NT$495.5m (up 29% from 1Q 2024). Net income: NT$65.8m (up 195% from 1Q 2024). Profit margin: 13% (up from 5.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Machinery industry in Taiwan.お知らせ • May 14Techman Robot Showcases AI Cobot Innovations At Automate 2025Techman Robot is celebrating its 10th anniversary and will showcase its latest smart automation innovations at Automate 2025. The booth will feature a wide range of AI-driven real-world applications, including high-speed flying- trigger inspection, semiconductor wafer box handling, intelligent welding, and the debut of the all-new lightweight long-reach cobot, TM6S. Techman Robot will present its advanced Flying Trigger inspection technology, which integrates AI and vision to perform real-time defect detection and quality inspection while the work piece is in motion--enabling zero-downtime quality control. This system has helped customers reduce inspection time by 40-50% on average, significantly improving cycle time and overall production efficiency. Ideal for automotive seat components and server assembly inspection, it minimizes human error and labor costs while delivering fast and precise results. Expanding Semiconductor Applications and Strengthening U.S. Market Presence: With major Taiwanese semiconductor firms like TSMC increasing investments in the U.S., Techman Robot is actively expanding its semiconductor collaborations and applications in the region. Backed by extensive experience in Asia's semiconductor industry, it partners with automation leader MSI to integrate AMRs and cobots for wafer box handling and cleanroom material loading/unloading. These flexible automation solutions address the growing demand for smart, agile semiconductor manufacturing. In addition, Techman Robot has formed a strategic alliance with global packaging and testing giant ASMPT to further enhance back-end process automation and enable high-end production line upgrades. Product Debut: Lightweight, Long-Reach TM6S Cobot: Making its global debut at Automate, the TM6S features a remarkable 1800 mm reach while weighing only 35.5 kg. With high repeatability and agile motion capabilities, the TM6S is designed for workstations with limited space and larger working areas, broadening deployment possibilities across various industries. Smart Welding Demonstration with U.S. Partner AMET Inc. In collaboration with U.S.-based welding technology expert AMET Inc., Techman Robot will showcase an AI-powered intelligent welding solution. Tailored for shipbuilding, heavy steel structures, and energy equipment manufacturing, this system addresses the need for consistent, high-quality welds while boosting automation and production flexibility.お知らせ • Apr 01Techman Robot Inc., Annual General Meeting, Jun 17, 2025Techman Robot Inc., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,2, fu hsing 1st rd., gueishan district, taoyuan city TaiwanReported Earnings • Mar 08Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$1.04 (up from NT$0.12 in FY 2023). Revenue: NT$1.48b (up 18% from FY 2023). Net income: NT$93.8m (up NT$82.6m from FY 2023). Profit margin: 6.3% (up from 0.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).New Risk • Dec 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).お知らせ • Oct 17Techman Robot collaborates with its partner AMET to Launch Cutting-Edge AI Welding CobotsTechman Robot made its first appearance at the FABTECH exhibition, collaborating with its partner AMET to launch cutting-edge AI welding cobots. These advanced solutions cater to a wide range of industries, including manufacturing, wind energy, oil pipeline welding, and aerospace.TM AI welding cobots are known for their user-friendly interface, allowing operators to work seamlessly even without programming experience. Designed for users with various skill levels, these cobots simplify programming, making the operation accessible and efficient. The lightweight design of TM AI welding cobots allows for easy mobility and eliminates the need for traditional safety fences, significantly reducing production space requirements. This flexibility is ideal for high-mix production environments, where tasks can be quickly reprogrammed. Additionally, the solution helps lower labor costs, reduces the number of personnel needed on-site, and enhances safety by minimizing occupational health risks. Through its partnership with AMET, Techman Robot has developed advanced multi-axis synchronized control technology, especially suited for complex pipe welding applications. With the TMcraft platform, AMET offers a tailored operational experience, seamlessly integrating its other products with TM AI welding cobots. This integration not only simplifies operation but also improves welding quality. The collaboration between Techman Robot and AMET sets a new automation standard in the welding industry, providing cost-effective, safe, and highly precise solutions to meet the growing demand for welding in various sectors.New Risk • Oct 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Techman Robot は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TWSE:4585 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20261,810138159199N/A12/31/20251,822136236272N/A9/30/20251,7401145586N/A6/30/20251,6068569106N/A3/31/20251,64815693125N/A12/31/20241,4819496131N/A9/30/20241,4235687124N/A6/30/20241,43651186214N/A3/31/20241,2941399134N/A12/31/20231,2601169107N/A9/30/20231,2885881124N/A6/30/20231,31610594140N/A3/31/20231,35412496141N/A12/31/20221,39214498142N/A9/30/20221,3531164282N/A6/30/20221,31489-1422N/A3/31/20221,286721847N/A12/31/20211,259545073N/A9/30/20211,176-1274100N/A6/30/20211,093-7897126N/A3/31/20211,036-845086N/A12/31/2020979-91245N/A12/31/20191,31942N/A-12N/A12/31/201869931N/A15N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 4585の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 4585の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 4585の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 4585の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 4585の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 4585の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/05 17:27終値2026/06/05 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Techman Robot Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Changrong ChenCapital Securities Corporation
New Risk • Jun 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.65 (vs NT$0.73 in 1Q 2025)First quarter 2026 results: EPS: NT$0.65. Revenue: NT$483.4m (down 2.4% from 1Q 2025). Net income: NT$67.8m (up 3.1% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025).
Reported Earnings • Mar 12Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$1.46 (up from NT$1.04 in FY 2024). Revenue: NT$1.82b (up 23% from FY 2024). Net income: NT$136.4m (up 45% from FY 2024). Profit margin: 7.5% (up from 6.3% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 31%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Machinery industry in Taiwan.
お知らせ • Mar 09Techman Robot Inc., Annual General Meeting, May 27, 2026Techman Robot Inc., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,2, fu hsing 1st rd., gueishan district, taoyuan city Taiwan
Reported Earnings • Nov 14Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: NT$0.41 (up from NT$0.27 in 3Q 2024). Revenue: NT$455.4m (up 27% from 3Q 2024). Net income: NT$36.9m (up 50% from 3Q 2024). Profit margin: 8.1% (up from 6.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.
お知らせ • Sep 09Techman Robot Inc. has filed a Follow-on Equity Offering in the amount of TWD 738.752 million.Techman Robot Inc. has filed a Follow-on Equity Offering in the amount of TWD 738.752 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 3,104,000 Price\Range: TWD 238
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.46 profit in 2Q 2024)Second quarter 2025 results: NT$0.33 loss per share (down from NT$0.46 profit in 2Q 2024). Revenue: NT$395.8m (down 9.5% from 2Q 2024). Net loss: NT$29.5m (down 172% from profit in 2Q 2024).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.25 in 1Q 2024)First quarter 2025 results: EPS: NT$0.73 (up from NT$0.25 in 1Q 2024). Revenue: NT$495.5m (up 29% from 1Q 2024). Net income: NT$65.8m (up 195% from 1Q 2024). Profit margin: 13% (up from 5.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Machinery industry in Taiwan.
お知らせ • May 14Techman Robot Showcases AI Cobot Innovations At Automate 2025Techman Robot is celebrating its 10th anniversary and will showcase its latest smart automation innovations at Automate 2025. The booth will feature a wide range of AI-driven real-world applications, including high-speed flying- trigger inspection, semiconductor wafer box handling, intelligent welding, and the debut of the all-new lightweight long-reach cobot, TM6S. Techman Robot will present its advanced Flying Trigger inspection technology, which integrates AI and vision to perform real-time defect detection and quality inspection while the work piece is in motion--enabling zero-downtime quality control. This system has helped customers reduce inspection time by 40-50% on average, significantly improving cycle time and overall production efficiency. Ideal for automotive seat components and server assembly inspection, it minimizes human error and labor costs while delivering fast and precise results. Expanding Semiconductor Applications and Strengthening U.S. Market Presence: With major Taiwanese semiconductor firms like TSMC increasing investments in the U.S., Techman Robot is actively expanding its semiconductor collaborations and applications in the region. Backed by extensive experience in Asia's semiconductor industry, it partners with automation leader MSI to integrate AMRs and cobots for wafer box handling and cleanroom material loading/unloading. These flexible automation solutions address the growing demand for smart, agile semiconductor manufacturing. In addition, Techman Robot has formed a strategic alliance with global packaging and testing giant ASMPT to further enhance back-end process automation and enable high-end production line upgrades. Product Debut: Lightweight, Long-Reach TM6S Cobot: Making its global debut at Automate, the TM6S features a remarkable 1800 mm reach while weighing only 35.5 kg. With high repeatability and agile motion capabilities, the TM6S is designed for workstations with limited space and larger working areas, broadening deployment possibilities across various industries. Smart Welding Demonstration with U.S. Partner AMET Inc. In collaboration with U.S.-based welding technology expert AMET Inc., Techman Robot will showcase an AI-powered intelligent welding solution. Tailored for shipbuilding, heavy steel structures, and energy equipment manufacturing, this system addresses the need for consistent, high-quality welds while boosting automation and production flexibility.
お知らせ • Apr 01Techman Robot Inc., Annual General Meeting, Jun 17, 2025Techman Robot Inc., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,2, fu hsing 1st rd., gueishan district, taoyuan city Taiwan
Reported Earnings • Mar 08Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$1.04 (up from NT$0.12 in FY 2023). Revenue: NT$1.48b (up 18% from FY 2023). Net income: NT$93.8m (up NT$82.6m from FY 2023). Profit margin: 6.3% (up from 0.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Taiwan.
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
New Risk • Dec 19New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).
お知らせ • Oct 17Techman Robot collaborates with its partner AMET to Launch Cutting-Edge AI Welding CobotsTechman Robot made its first appearance at the FABTECH exhibition, collaborating with its partner AMET to launch cutting-edge AI welding cobots. These advanced solutions cater to a wide range of industries, including manufacturing, wind energy, oil pipeline welding, and aerospace.TM AI welding cobots are known for their user-friendly interface, allowing operators to work seamlessly even without programming experience. Designed for users with various skill levels, these cobots simplify programming, making the operation accessible and efficient. The lightweight design of TM AI welding cobots allows for easy mobility and eliminates the need for traditional safety fences, significantly reducing production space requirements. This flexibility is ideal for high-mix production environments, where tasks can be quickly reprogrammed. Additionally, the solution helps lower labor costs, reduces the number of personnel needed on-site, and enhances safety by minimizing occupational health risks. Through its partnership with AMET, Techman Robot has developed advanced multi-axis synchronized control technology, especially suited for complex pipe welding applications. With the TMcraft platform, AMET offers a tailored operational experience, seamlessly integrating its other products with TM AI welding cobots. This integration not only simplifies operation but also improves welding quality. The collaboration between Techman Robot and AMET sets a new automation standard in the welding industry, providing cost-effective, safe, and highly precise solutions to meet the growing demand for welding in various sectors.
New Risk • Oct 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin).