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Definitive Analysis

Financial Statements

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Ticker

Industry

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Page: Company Financials

ASG Plastic Factory Co.

Ticker: 9607.SR | Industry: Manufacturing - Miscellaneous | Sector: Industrials
$45.00 -0.08 (-0.18%)
As of: 2026-01-22

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Enterprise Value

Metric 2025 2024
Stock Price 58.90 50.95
Market Capitalization 415.25M 336.73M
(-) Cash & Equivalents 7.87M 20.41M
(+) Total Debt 5.77M 5.37M
Enterprise Value 413.14M 321.69M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue 160M 112M 143M 107M 91M 59M
Cost of Revenue 94M 67M 82M 64M 61M 38M
Gross Profit 66M 45M 61M 43M 30M 21M
Gross Profit Margin 41.0% 40.1% 42.5% 40.5% 32.9% 35.5%
R&D Expenses 0M 0M 0M 0M 0M 0M
SG&A Expenses 34M 25M 27M 11M 14M 9M
Operating Expenses 34M 25M 28M 21M 14M 9M
Operating Income (EBIT) 31M 19M 32M 22M 16M 12M
Operating Income Margin 19.7% 17.3% 22.7% 20.6% 17.1% 19.6%
Interest Income 0M 0M 0M 0M 0M 0M
Interest Expense 0M 0M 0M 0M 0M 0M
Net Interest Income 0M 0M 0M 0M 0M 0M
Unusual Items 1M 3M 2M 1M 1M 0M
EBT Excluding Unusual Items 31M 19M 32M 22M 15M 11M
Pre-Tax Income 32M 22M 34M 23M 16M 11M
Pre-Tax Margin 20.1% 19.7% 24.0% 21.6% 17.4% 19.5%
Income Tax Expense 2M 1M 2M 1M 0M 1M
Net Income 30M 21M 32M 23M 16M 11M
Net Income Margin 18.8% 19.0% 22.6% 21.0% 17.0% 18.5%
Depreciation & Amortization 7M 5M 6M 5M 4M 4M
EBITDA 38M 24M 39M 27M 20M 15M
EBITDA Margin 24.0% 21.7% 27.0% 25.5% 21.9% 25.9%
NOPAT 29M 19M 30M 21M 15M 11M
NOPAT Margin 18.4% 16.6% 21.3% 20.0% 16.7% 18.5%
Owner's Earnings -13M 26M 21M 18M 7M 10M
Owner's Earnings Margin -7.8% 23.4% 14.5% 16.5% 8.1% 17.7%
EPS (Basic) 4.30 3.33 4.88 3.19 2.20 1.54
EPS (Diluted) 4.32 3.18 4.88 3.19 2.20 1.54
Shares (Basic) 7M 7M 7M 7M 7M 7M
Shares (Diluted) 7M 7M 7M 7M 7M 7M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash & Cash Equivalents 7.87M 7.87M 26.97M 8.76M 3.83M 0.51M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 7.87M 7.87M 26.97M 8.76M 3.83M 0.51M
Net Receivables 25.46M 25.46M 20.79M 13.82M 10.37M 9.22M
Inventory 44.96M 44.96M 39.24M 25.36M 19.84M 16.49M
Other Current Assets 0.00M 0.00M 0.28M 0.16M 0.05M 0.04M
Total Current Assets 78.29M 78.29M 87.29M 48.10M 34.10M 26.27M
Property, Plant & Equipment 83.46M 71.61M 51.78M 38.64M 33.52M 25.75M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.10M 0.10M 0.13M 0.20M 0.27M 0.23M
Long-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.00M 11.85M 11.82M 0.00M 0.00M 0.00M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 83.55M 83.55M 63.73M 38.84M 33.79M 25.98M
Total Assets 161.85M 161.85M 151.02M 86.94M 67.89M 52.25M
Accounts Payable 9.55M 9.55M 6.99M 3.57M 4.91M 1.97M
Short-Term Debt 0.00M 0.00M 0.43M 0.35M 0.64M 0.67M
Tax Payables 1.03M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.97M 0.90M 0.68M 0.33M
Other Current Liabilities 5.12M 2.95M 0.97M 1.70M 17.45M 13.29M
Total Current Liabilities 15.70M 12.49M 9.35M 6.52M 23.69M 16.26M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 5.77M 5.77M 5.99M 4.89M 4.70M 5.17M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 2.79M 2.79M 1.89M 1.55M 1.32M 1.07M
Total Non-Current Liabilities 8.55M 8.55M 7.88M 6.44M 6.02M 6.24M
Total Liabilities 24.26M 21.05M 17.23M 12.97M 29.71M 22.50M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 70.50M 70.50M 70.50M 63.00M 0.35M 0.35M
Retained Earnings 48.60M 48.60M 36.65M 9.69M 33.04M 23.71M
Accumulated OCI 0.00M 0.00M 0.00M 0.18M 0.18M 0.18M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 119.10M 119.10M 107.15M 72.86M 33.57M 24.24M
Total Equity 119.10M 119.10M 107.15M 72.86M 33.57M 24.24M
Total Liabilities & Equity 143.36M 140.15M 124.38M 85.83M 63.28M 46.74M
Tangible Assets 161.75M 161.75M 150.89M 86.74M 67.62M 52.02M
Tangible Equity 119.00M 119.00M 107.02M 72.66M 33.30M 24.01M
Tangible Book Value 119.00M 119.00M 107.02M 72.66M 33.30M 24.01M
Total Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt -7.87M -7.87M -26.55M -8.41M -3.19M 0.15M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Working Capital 67.5M 67.5M 74.8M 40.1M 9.9M 8.6M
Total Capital 148.8M 148.8M 137.0M 77.8M 43.0M 34.2M
Capital Employed 151.0M 151.0M 138.5M 79.0M 43.7M 34.6M
Invested Capital 140.9M 140.9M 110.1M 69.0M 39.2M 33.7M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Net Income 30.12M 0.00M 32.21M 22.52M 15.54M 10.88M
Depreciation & Amortization 7.57M 0.00M 6.25M 5.26M 4.32M 3.74M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital -20.98M 0.00M -18.55M -9.44M -0.78M -16.76M
Accounts Receivable -4.94M 0.00M -6.76M -6.55M -1.31M -6.17M
Inventory -15.63M 0.00M -12.46M -2.97M -3.14M -11.14M
Accounts Payable 0.00M 0.00M 3.42M 0.17M 3.73M 0.55M
Other Working Capital -0.41M 0.00M -2.75M -0.10M -0.05M 0.00M
Other Non-Cash Items 4.47M 0.00M 1.92M 1.52M -0.10M 1.36M
Net Cash from Operating Activities 21.18M 0.00M 21.82M 19.86M 18.98M -0.79M
Capital Expenditures (PPE) -49.65M 0.00M -17.82M -10.10M -12.52M -4.45M
Acquisitions (Net) 0.00M 0.00M 0.30M 0.19M 0.35M 0.01M
Purchases of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Investing Activities 0.44M 0.00M -11.26M -0.56M 0.00M 0.00M
Net Cash from Investing Activities -49.21M 0.00M -28.78M -10.47M -12.17M -4.44M
Net Debt Issuance 0.00M 0.00M -0.85M -0.28M -0.64M -0.64M
Long-Term Debt Issuance 0.00M 0.00M -0.85M -0.28M -0.64M -0.64M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 0.00M 0.00M 31.40M 0.00M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 31.40M 0.00M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -8.46M 0.00M -5.38M -4.90M -6.18M -1.32M
Common Dividends Paid -8.46M 0.00M -5.38M -4.90M -6.18M -1.32M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 30.50M 0.00M 0.00M 0.72M 3.33M 7.53M
Net Cash from Financing Activities 22.04M 0.00M 25.17M -4.46M -3.49M 5.56M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.18M
Net Change in Cash -13.85M 0.00M 18.21M 4.93M 3.32M 0.51M
Cash at Beginning of Period 13.85M 0.00M 8.76M 3.83M 0.51M 0.00M
Cash at End of Period 0.00M 0.00M 26.97M 8.76M 3.83M 0.51M
Operating Cash Flow 21.18M 0.00M 21.82M 19.30M 18.98M -0.79M
Capital Expenditure -49.65M 0.00M -17.82M -10.10M -12.41M -4.22M
Free Cash Flow -28.47M 0.00M 4.01M 9.20M 6.57M -5.00M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
EBITDA 38.39M 0.00M 40.06M 37.49M 20.24M 15.24M
(-) Tax Adjustment 2.47M 0.00M 2.31M 1.08M 0.52M 0.79M
(-) Change In Working Capital -20.98M 0.00M -18.55M -9.44M -0.78M -16.76M
(-) Capital Expenditure -49.65M 0.00M -17.82M -10.10M -12.41M -4.22M
Unlevered Free Cash Flow 7.26M 0.00M 38.48M 35.76M 8.10M 27.00M
(-) Net Interest Income After Taxes -0.25M 0.00M -0.29M -0.24M -0.23M -0.21M
Net Debt Issuance 0.00M 0.00M -0.85M -0.28M -0.64M -0.64M
Levered Free Cash Flow 7.51M 0.00M 37.92M 35.73M 7.69M 26.56M