Promise Technology, Inc.

TWSE:3057 Stock Report

Market Cap: NT$1.3b

Promise Technology Balance Sheet Health

Financial Health criteria checks 6/6

Promise Technology has a total shareholder equity of NT$655.3M and total debt of NT$58.0M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are NT$885.2M and NT$229.9M respectively.

Key information

8.85%

Debt to equity ratio

NT$58.00m

Debt

Interest coverage ration/a
CashNT$300.08m
EquityNT$655.27m
Total liabilitiesNT$229.95m
Total assetsNT$885.22m

Recent financial health updates

Recent updates

Analysis Article Aug 05

More Unpleasant Surprises Could Be In Store For Promise Technology, Inc.'s (TWSE:3057) Shares After Tumbling 30%

Promise Technology, Inc. ( TWSE:3057 ) shareholders won't be pleased to see that the share price has had a very rough...
Analysis Article Jun 05

Promise Technology, Inc.'s (TWSE:3057) 28% Share Price Surge Not Quite Adding Up

Promise Technology, Inc. ( TWSE:3057 ) shares have had a really impressive month, gaining 28% after a shaky period...
Analysis Article Mar 13

Promise Technology, Inc. (TWSE:3057) Investors Are Less Pessimistic Than Expected

There wouldn't be many who think Promise Technology, Inc.'s ( TWSE:3057 ) price-to-sales (or "P/S") ratio of 2.1x is...
Analysis Article Apr 12

Promise Technology (TPE:3057) Has Debt But No Earnings; Should You Worry?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Dec 28

Would Promise Technology (TPE:3057) Be Better Off With Less Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Financial Position Analysis

Short Term Liabilities: 3057's short term assets (NT$759.8M) exceed its short term liabilities (NT$188.4M).

Long Term Liabilities: 3057's short term assets (NT$759.8M) exceed its long term liabilities (NT$41.5M).


Debt to Equity History and Analysis

Debt Level: 3057 has more cash than its total debt.

Reducing Debt: 3057's debt to equity ratio has reduced from 53.3% to 8.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 3057 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 3057 has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 2.6% each year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 02:25
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

Promise Technology, Inc. is covered by 7 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
Shangzhi WangCapital Securities Corporation
null nullCapital Securities Corporation
Meifen ChenKGI Securities Co. Ltd.