Horizon Securities Co., Ltd.(TW:6015)
NT$15.45+0.25 (+1.64%)
TW:6015
Horizon Securities Co., Ltd. financials statements
NT$15.45
At close:+0.25 (+1.64%)
Horizon Securities Co., Ltd. (6015) Ratios
Horizon Securities Co., Ltd. Ratios
TW:6015's free cash flow for Q2 2026 was NT$170.26M. For the 2026 fiscal year, TW:6015's free cash flow was decreased by NT$-5.22M and operating cash flow was NT$175.48M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.41 | 1.53 | 1.31 | 1.80 | 1.48 |
| Quick Ratio | 2.41 | 1.53 | 1.31 | 1.80 | 1.48 |
| Cash Ratio | 0.56 | 0.33 | 0.20 | 0.51 | 0.30 |
| Solvency Ratio | 0.04 | 0.05 | 0.03 | -0.02 | 0.12 |
| Operating Cash Flow Ratio | 0.13 | 0.08 | -0.04 | 0.07 | 0.15 |
| Short-Term Operating Cash Flow Coverage | 0.14 | 0.17 | -0.07 | 0.15 | 0.39 |
| Net Current Asset Value | NT$ -1.08B | NT$ 3.85B | NT$ 3.08B | NT$ 3.06B | NT$ 4.09B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.27 | 0.30 | 0.43 | 0.29 | 0.29 |
| Debt-to-Equity Ratio | 0.79 | 0.78 | 1.41 | 0.65 | 0.91 |
| Debt-to-Capital Ratio | 0.44 | 0.44 | 0.59 | 0.39 | 0.48 |
| Long-Term Debt-to-Capital Ratio | 0.03 | 0.05 | 0.00 | 0.13 | 0.13 |
| Financial Leverage Ratio | 2.97 | 2.58 | 3.27 | 2.23 | 3.10 |
| Debt Service Coverage Ratio | 0.12 | 0.14 | 0.05 | -0.05 | 0.33 |
| Interest Coverage Ratio | 3.77 | 4.59 | 2.16 | -47.16 | 712.35 |
| Debt to Market Cap | 0.99 | 1.00 | 1.63 | 0.92 | 0.78 |
| Interest Debt Per Share | 11.33 | 11.52 | 19.05 | 8.38 | 13.83 |
| Net Debt to EBITDA | 3.96 | 2.56 | 12.25 | -7.50 | 1.19 |
| Profitability Margins | |||||
| Gross Profit Margin | 77.53% | 83.28% | 86.59% | 67.25% | 87.35% |
| EBIT Margin | 25.52% | 26.14% | 17.88% | -16.76% | 45.19% |
| EBITDA Margin | 34.10% | 33.33% | 27.48% | -5.92% | 48.19% |
| Operating Profit Margin | 13.57% | 15.99% | 5.63% | -21.38% | 44.02% |
| Pretax Profit Margin | 21.78% | 22.66% | 15.27% | -17.22% | 45.13% |
| Net Profit Margin | 19.04% | 18.75% | 13.29% | -20.22% | 40.82% |
| Continuous Operations Profit Margin | 19.04% | 18.75% | 13.29% | -20.22% | 40.82% |
| Net Income Per EBT | 87.44% | 82.77% | 87.03% | 117.44% | 90.46% |
| EBT Per EBIT | 160.48% | 141.72% | 271.50% | 80.54% | 102.51% |
| Return on Assets (ROA) | 1.81% | 2.40% | 1.16% | -2.18% | 7.51% |
| Return on Equity (ROE) | 5.36% | 6.20% | 3.80% | -4.86% | 23.26% |
| Return on Capital Employed (ROCE) | 1.71% | 4.89% | 1.54% | -4.39% | 21.71% |
| Return on Invested Capital (ROIC) | 1.12% | 2.46% | 0.58% | -3.11% | 11.83% |
| Return on Tangible Assets | 1.81% | 2.42% | 1.17% | -2.20% | 7.55% |
| Earnings Yield | 7.07% | 8.42% | 4.57% | -7.15% | 20.18% |
| Efficiency Ratios | |||||
| Receivables Turnover | 0.25 | 0.44 | 0.34 | 0.45 | 0.66 |
| Payables Turnover | 0.06 | 0.09 | 0.06 | 0.20 | 0.09 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 5.09 | 6.00 | 3.68 | 5.05 | 22.19 |
| Asset Turnover | 0.09 | 0.13 | 0.09 | 0.11 | 0.18 |
| Working Capital Turnover Ratio | 0.31 | 0.47 | 0.38 | 0.25 | 0.75 |
| Cash Conversion Cycle | -4192.37 | -3297.38 | -5431.12 | -996.27 | -3291.20 |
| Days of Sales Outstanding | 1476.07 | 834.88 | 1086.32 | 817.87 | 554.34 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 5668.44 | 4132.25 | 6517.44 | 1814.14 | 3845.54 |
| Operating Cycle | 1476.07 | 834.88 | 1086.32 | 817.87 | 554.34 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.40 | 1.66 | -1.18 | 0.91 | 4.50 |
| Free Cash Flow Per Share | 1.22 | 1.56 | -1.28 | 0.67 | 4.36 |
| Dividend Paid and CapEx Coverage Ratio | 2.07 | 4.95 | -12.65 | 0.47 | 7.31 |
| Capital Expenditure Coverage Ratio | 7.88 | 16.67 | -12.65 | 3.80 | 31.11 |
| Operating Cash Flow Coverage Ratio | 0.12 | 0.15 | -0.06 | 0.11 | 0.33 |
| Operating Cash Flow to Sales Ratio | 0.35 | 0.34 | -0.31 | 0.29 | 0.52 |
| Free Cash Flow Yield | 11.34% | 14.49% | -11.44% | 7.63% | 24.91% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 14.14 | 11.81 | 21.86 | -13.92 | 4.96 |
| Price-to-Sales (P/S) Ratio | 2.69 | 2.23 | 2.91 | 2.83 | 2.02 |
| Price-to-Book (P/B) Ratio | 0.76 | 0.74 | 0.83 | 0.68 | 1.15 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.82 | 6.90 | -8.74 | 13.11 | 4.01 |
| Price-to-Operating Cash Flow Ratio | 7.70 | 6.49 | -9.44 | 9.66 | 3.89 |
| Price-to-Earnings Growth (PEG) Ratio | -0.86 | 0.15 | -0.12 | 0.12 | 0.02 |
| Enterprise Value Multiple | 11.86 | 9.23 | 22.82 | -55.27 | 5.39 |
| Enterprise Value | 6.35B | 5.54B | 8.48B | 3.56B | 7.88B |
| EV to EBITDA | 11.86 | 9.23 | 22.82 | -55.27 | 5.39 |
| EV to Sales | 4.04 | 3.08 | 6.27 | 3.27 | 2.60 |
| EV to Free Cash Flow | 13.24 | 9.54 | -18.87 | 15.17 | 5.16 |
| EV to Operating Cash Flow | 11.56 | 8.97 | -20.36 | 11.18 | 4.99 |
| Tangible Book Value Per Share | 14.01 | 14.40 | 13.20 | 12.67 | 14.98 |
| Shareholders’ Equity Per Share | 14.18 | 14.60 | 13.44 | 12.91 | 15.19 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.13 | 0.17 | 0.13 | -0.17 | 0.10 |
| Revenue Per Share | 3.99 | 4.83 | 3.84 | 3.10 | 8.65 |
| Net Income Per Share | 0.76 | 0.91 | 0.51 | -0.63 | 3.53 |
| Tax Burden | 0.87 | 0.83 | 0.87 | 1.17 | 0.90 |
| Interest Burden | 0.85 | 0.87 | 0.85 | 1.03 | 1.00 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.10 | 0.08 | 0.10 | 0.12 | 0.04 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.61 | 1.51 | -2.32 | -1.70 | 1.15 |
Currency in TWD
