$TECHBND (5289.MY)$ see Chatgpt analyse of this stock perfor...
$TECHBND(5289.MY$ see Chatgpt analyse of this stock performance for 1st Q 2024 on the key indicators==>Based on the provided financial indicators for TECHBND (stock code: 5289) for Q1 2024, we can analyze the company's performance across various dimensions. Below is a detailed analysis:
### Efficiency Ratios
1. **Cash Conversion Cycle**: -17.61% at 160.7849
- A decrease, but a negative cash conversion cycle can be a positive sign, indicating efficient management of receivables and payables.
2. **Receivable Turnover**: 2.70% at 1.3204
- Improvement in receivable turnover suggests better efficiency in collecting receivables.
3. **Inventory Turnover**: 25.77% at 0.6966
- Improvement indicates better management of inventory.
4. **Account Payable Turnover**: 3.16% at 2.3207
- Indicates stable or slightly improved efficiency in paying off suppliers.
5. **Fixed Assets Turnover**: -3.91% at 0.3526
- A decrease suggests reduced efficiency in using fixed assets to generate sales.
6. **Total Asset Rate**: 23.64% at 0.1676
- Improvement indicates better use of total assets to generate revenue.
### Profitability Ratios
1. **Gross Margin**: 15.29% at 26.33%
- Increase suggests improved cost management or pricing strategy.
2. **EBIT Margin**: 6.86% at 13.83%
- Increase indicates better operational efficiency and profitability.
3. **Net Margin**: 1.67% at 11.19%
- Slight improvement, but a significant positive change from previous periods.
4. **EBITDA Margin**: 9.32% at 18.33%
- Increase suggests strong operating performance.
5. **Tax Rate**: 45.49% at 17.26%
- Significant increase, which might affect net profitability negatively.
6. **Interest Coverage**: 59.55% at 45.7523
- Strong improvement indicates better ability to cover interest expenses.
### Financial Health Ratios
1. **Long-Term Debt to Equity Ratio**: -75.70% at 3.75%
- A significant reduction, indicating better debt management.
2. **Total Assets to Common Equity Ratio**: -10.70% at 118.64%
- Slight decrease, suggesting more reliance on equity financing.
3. **Interest-Bearing Liabilities To Asset Ratio**: -65.78% at 4.38%
- Reduction indicates decreased leverage.
4. **Current Ratio**: 8.17% at 6.2166
- Improvement, showing better short-term liquidity.
5. **Quick Ratio**: 8.56% at 3.698
- Improvement, indicating better immediate liquidity.
### Growth Ratios
1. **Revenue CAGR (3Y)**: Not available.
2. **Revenue CAGR (5Y)**: Not available.
3. **Net Income CAGR (3Y)**: Not available.
4. **Net Income CAGR (5Y)**: Not available.
5. **Dividend CAGR**: Not available.
6. **FCF CAGR (1Y)**: Not available.
### Summary
Overall, TECHBND appears to be showing improvements in several key areas:
- **Efficiency**: Improved receivable and inventory turnover ratios suggest better operational efficiency. The negative cash conversion cycle is a positive sign.
- **Profitability**: Margins have generally improved, indicating better cost management and operational efficiency.
- **Financial Health**: Significant reductions in debt ratios and improved liquidity ratios suggest stronger financial stability.
However, the decrease in fixed assets turnover could indicate underutilization of fixed assets, which might need attention. The significant increase in the tax rate could also impact net profitability in the future.
Without comparative data from other companies in the industry, it's hard to definitively say if TECHBND is outperforming its peers, but the trends within the company are largely positive for Q1 2024.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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