Formosa Optical Technology Co.,Ltd.

TPEX:5312 Stock Report

Market Cap: NT$6.5b

Formosa Optical TechnologyLtd Balance Sheet Health

Financial Health criteria checks 5/6

Formosa Optical TechnologyLtd has a total shareholder equity of NT$3.3B and total debt of NT$1.7B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are NT$7.7B and NT$4.4B respectively. Formosa Optical TechnologyLtd's EBIT is NT$311.9M making its interest coverage ratio -2.2. It has cash and short-term investments of NT$2.6B.

Key information

50.0%

Debt to equity ratio

NT$1.66b

Debt

Interest coverage ratio-2.2x
CashNT$2.55b
EquityNT$3.32b
Total liabilitiesNT$4.41b
Total assetsNT$7.73b

Recent financial health updates

Here's Why Formosa Optical TechnologyLtd (GTSM:5312) Has A Meaningful Debt Burden

Feb 08
Here's Why Formosa Optical TechnologyLtd (GTSM:5312) Has A Meaningful Debt Burden

Recent updates

Should You Buy Formosa Optical Technology Co.,Ltd. (GTSM:5312) For Its Dividend?

Apr 09
Should You Buy Formosa Optical Technology Co.,Ltd. (GTSM:5312) For Its Dividend?

Returns On Capital Signal Tricky Times Ahead For Formosa Optical TechnologyLtd (GTSM:5312)

Mar 22
Returns On Capital Signal Tricky Times Ahead For Formosa Optical TechnologyLtd (GTSM:5312)

Formosa Optical Technology Co.,Ltd.'s (GTSM:5312) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Mar 01
Formosa Optical Technology Co.,Ltd.'s (GTSM:5312) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Here's Why Formosa Optical TechnologyLtd (GTSM:5312) Has A Meaningful Debt Burden

Feb 08
Here's Why Formosa Optical TechnologyLtd (GTSM:5312) Has A Meaningful Debt Burden

Formosa Optical TechnologyLtd (GTSM:5312) Has Returned Negative 4.0% To Its Shareholders In The Past Five Years

Jan 22
Formosa Optical TechnologyLtd (GTSM:5312) Has Returned Negative 4.0% To Its Shareholders In The Past Five Years

Would Formosa Optical Technology Co.,Ltd. (GTSM:5312) Be Valuable To Income Investors?

Jan 07
Would Formosa Optical Technology Co.,Ltd. (GTSM:5312) Be Valuable To Income Investors?

What Do The Returns On Capital At Formosa Optical TechnologyLtd (GTSM:5312) Tell Us?

Dec 22
What Do The Returns On Capital At Formosa Optical TechnologyLtd (GTSM:5312) Tell Us?

Are Formosa Optical TechnologyLtd's (GTSM:5312) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Dec 07
Are Formosa Optical TechnologyLtd's (GTSM:5312) Statutory Earnings A Good Reflection Of Its Earnings Potential?

A Look At The Intrinsic Value Of Formosa Optical Technology Co.,Ltd. (GTSM:5312)

Nov 23
A Look At The Intrinsic Value Of Formosa Optical Technology Co.,Ltd. (GTSM:5312)

Financial Position Analysis

Short Term Liabilities: 5312's short term assets (NT$4.5B) exceed its short term liabilities (NT$2.8B).

Long Term Liabilities: 5312's short term assets (NT$4.5B) exceed its long term liabilities (NT$1.6B).

Debt to Equity History and Analysis

Debt Level: 5312 has more cash than its total debt.

Reducing Debt: 5312's debt to equity ratio has increased from 25.6% to 50% over the past 5 years.

Debt Coverage: 5312's debt is well covered by operating cash flow (43.4%).

Interest Coverage: 5312 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 17:30
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Formosa Optical Technology Co.,Ltd. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yangjia YehJih Sun Securities Investment Consulting Co., Ltd.
Chih-Hung ChangJ.P. Morgan
Xinkai YuMasterlink Securities Corp.