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Year on year Taiwan Tea Corp had relatively flat revenues (377.00m to 379.51m), though the company grew net income from a loss of 1.64bn to a smaller loss of 287.47m. A reduction in the selling, general and administrative costs as a percentage of sales from 83.19% to 67.74% was a component in the net income growth despite flat revenues.
Gross margin | 37.48% |
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Net profit margin | -69.54% |
Operating margin | -50.30% |
Return on assets | -1.23% |
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Return on equity | -2.10% |
Return on investment | -1.26% |
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Cash flow in TWDView more
In 2023, cash reserves at Taiwan Tea Corp fell by 88.09m. However, Cash Flow from Investing totalled 38.14m, indicating this company earned more from the sale of existing assets than it spent on the purchase of new assets. In addition the company used 43.93m for operations while cash used for financing totalled 82.30m.
Cash flow per share | -0.2354 |
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Price/Cash flow per share | -- |
Book value per share | 15.96 |
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Tangible book value per share | 15.95 |
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Balance sheet in TWDView more
Current ratio | 2.31 |
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Quick ratio | 0.4827 |
Total debt/total equity | 0.4154 |
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Total debt/total capital | 0.2935 |
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