Higher Way Electronic Co., Ltd.(TW:3268)
NT$20.85-0.80 (-3.70%)
TW:3268
Higher Way Electronic Co., Ltd. financials statements
NT$20.85
At close:-0.80 (-3.70%)
Higher Way Electronic Co., Ltd. (3268) Ratios
Higher Way Electronic Co., Ltd. Ratios
TW:3268's free cash flow for Q2 2026 was NT$-11.89M. For the 2026 fiscal year, TW:3268's free cash flow was decreased by NT$-490.00K and operating cash flow was NT$-11.40M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.49 | 1.63 | 3.67 | 3.72 | 2.19 |
| Quick Ratio | 1.45 | 1.54 | 3.61 | 3.52 | 2.02 |
| Cash Ratio | 0.22 | 0.31 | 1.13 | 0.57 | 0.41 |
| Solvency Ratio | -0.08 | 0.03 | 0.00 | 0.14 | 0.11 |
| Operating Cash Flow Ratio | -0.04 | -0.07 | 0.28 | -0.13 | -0.03 |
| Short-Term Operating Cash Flow Coverage | -0.07 | -0.12 | 5.54 | -9.60 | -0.24 |
| Net Current Asset Value | NT$ 75.69M | NT$ 177.81M | NT$ 262.53M | NT$ 317.21M | NT$ 329.62M |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.26 | 0.29 | 0.27 | 0.23 | 0.09 |
| Debt-to-Equity Ratio | 0.52 | 0.60 | 0.51 | 0.41 | 0.16 |
| Debt-to-Capital Ratio | 0.34 | 0.37 | 0.34 | 0.29 | 0.14 |
| Long-Term Debt-to-Capital Ratio | 0.09 | 0.10 | 0.32 | 0.28 | 0.07 |
| Financial Leverage Ratio | 2.02 | 2.08 | 1.88 | 1.81 | 1.81 |
| Debt Service Coverage Ratio | -0.16 | 0.08 | 0.39 | 7.67 | 1.13 |
| Interest Coverage Ratio | -2.60 | -3.10 | -1.30 | 9.69 | 34.11 |
| Debt to Market Cap | 0.39 | 0.38 | 0.26 | 0.28 | 0.06 |
| Interest Debt Per Share | 7.22 | 9.53 | 7.84 | 6.53 | 2.17 |
| Net Debt to EBITDA | -5.32 | 7.24 | 10.80 | 1.60 | -1.44 |
| Profitability Margins | |||||
| Gross Profit Margin | 6.30% | 6.42% | 6.55% | 8.03% | 7.76% |
| EBIT Margin | -4.01% | 1.85% | -0.32% | 4.50% | 2.25% |
| EBITDA Margin | -3.32% | 2.55% | 0.32% | 5.08% | 2.67% |
| Operating Profit Margin | -2.38% | -2.07% | -0.74% | 4.49% | 2.53% |
| Pretax Profit Margin | -4.92% | 1.19% | -0.90% | 4.04% | 2.17% |
| Net Profit Margin | -5.02% | 0.91% | -0.63% | 4.17% | 2.14% |
| Continuous Operations Profit Margin | -5.02% | 0.91% | -0.63% | 4.17% | 2.14% |
| Net Income Per EBT | 102.05% | 76.56% | 69.83% | 103.35% | 98.37% |
| EBT Per EBIT | 207.21% | -57.36% | 120.35% | 89.87% | 85.99% |
| Return on Assets (ROA) | -4.92% | 0.78% | -0.70% | 5.50% | 3.99% |
| Return on Equity (ROE) | -9.96% | 1.63% | -1.32% | 9.94% | 7.22% |
| Return on Capital Employed (ROCE) | -3.83% | -3.05% | -1.05% | 7.51% | 7.78% |
| Return on Invested Capital (ROIC) | -2.86% | -1.67% | -0.72% | 7.47% | 7.13% |
| Return on Tangible Assets | -4.93% | 0.79% | -0.70% | 5.52% | 4.01% |
| Earnings Yield | -7.58% | 1.05% | -0.70% | 7.03% | 3.07% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.14 | 2.15 | 2.57 | 2.56 | 3.34 |
| Payables Turnover | 5.37 | 4.84 | 6.00 | 6.59 | 5.31 |
| Inventory Turnover | 53.03 | 22.12 | 97.74 | 27.85 | 26.70 |
| Fixed Asset Turnover | 28.53 | 32.01 | 31.29 | 37.95 | 43.57 |
| Asset Turnover | 0.98 | 0.86 | 1.12 | 1.32 | 1.86 |
| Working Capital Turnover Ratio | 3.86 | 2.42 | 2.01 | 2.71 | 4.01 |
| Cash Conversion Cycle | 109.22 | 111.00 | 85.18 | 100.45 | 54.27 |
| Days of Sales Outstanding | 170.27 | 169.99 | 142.23 | 142.73 | 109.37 |
| Days of Inventory Outstanding | 6.88 | 16.50 | 3.73 | 13.11 | 13.67 |
| Days of Payables Outstanding | 67.93 | 75.49 | 60.79 | 55.40 | 68.77 |
| Operating Cycle | 177.15 | 186.49 | 145.97 | 155.84 | 123.04 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | -0.37 | -0.94 | 1.64 | -0.76 | -0.24 |
| Free Cash Flow Per Share | -0.44 | -1.00 | 1.60 | -0.79 | -0.40 |
| Dividend Paid and CapEx Coverage Ratio | -6.16 | -15.41 | 2.16 | -1.21 | -0.36 |
| Capital Expenditure Coverage Ratio | -6.16 | -15.41 | 34.72 | -26.27 | -1.48 |
| Operating Cash Flow Coverage Ratio | -0.05 | -0.10 | 0.21 | -0.12 | -0.11 |
| Operating Cash Flow to Sales Ratio | -0.01 | -0.03 | 0.05 | -0.02 | -0.01 |
| Free Cash Flow Yield | -2.48% | -4.09% | 5.58% | -3.63% | -1.30% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | -13.20 | 93.85 | -143.00 | 14.19 | 32.58 |
| Price-to-Sales (P/S) Ratio | 0.66 | 0.87 | 0.89 | 0.59 | 0.70 |
| Price-to-Book (P/B) Ratio | 1.31 | 1.55 | 1.89 | 1.41 | 2.35 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -40.33 | -24.45 | 17.93 | -27.58 | -76.71 |
| Price-to-Operating Cash Flow Ratio | -46.88 | -26.04 | 17.41 | -28.63 | -128.63 |
| Price-to-Earnings Growth (PEG) Ratio | 0.02 | -0.41 | 1.27 | 0.23 | 5.86 |
| Enterprise Value Multiple | -25.29 | 41.18 | 292.76 | 13.30 | 24.62 |
| Enterprise Value | 774.16M | 1.02B | 974.90M | 830.39M | 977.48M |
| EV to EBITDA | -25.29 | 41.18 | 292.76 | 13.30 | 24.62 |
| EV to Sales | 0.84 | 1.05 | 0.93 | 0.68 | 0.66 |
| EV to Free Cash Flow | -51.06 | -29.67 | 18.61 | -31.36 | -72.48 |
| EV to Operating Cash Flow | -59.35 | -31.59 | 18.08 | -32.55 | -121.53 |
| Tangible Book Value Per Share | 13.30 | 15.66 | 15.06 | 15.33 | 13.01 |
| Shareholders’ Equity Per Share | 13.35 | 15.70 | 15.13 | 15.44 | 13.17 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | -0.02 | 0.23 | 0.30 | -0.03 | 0.02 |
| Revenue Per Share | 26.47 | 28.17 | 32.00 | 36.80 | 44.45 |
| Net Income Per Share | -1.33 | 0.26 | -0.20 | 1.54 | 0.95 |
| Tax Burden | 1.02 | 0.77 | 0.70 | 1.03 | 0.98 |
| Interest Burden | 1.23 | 0.64 | 2.76 | 0.90 | 0.97 |
| Research & Development to Revenue | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 |
| SG&A to Revenue | 0.05 | 0.06 | 0.05 | 0.05 | 0.04 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.29 | -2.80 | -5.73 | -0.51 | -0.25 |
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