Deswell Industries Financials

DSWL Stock  USD 2.72  0.05  1.87%   
Based on the key indicators related to Deswell Industries' liquidity, profitability, solvency, and operating efficiency, Deswell Industries is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Deswell Industries' Net Receivables is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 16.5 M this year, although the value of Other Current Liabilities will most likely fall to about 5.6 M. Key indicators impacting Deswell Industries' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.00760.008
Notably Down
Slightly volatile
Current Ratio5.095.0673
Slightly Up
Slightly volatile
Investors should never underestimate Deswell Industries' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Deswell Industries' cash flow, debt, and profitability to make informed and accurate decisions about investing in Deswell Industries.

Net Income

4.3 Million

  
Understanding current and past Deswell Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Deswell Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Deswell Industries' assets may result in an increase in income on the income statement.

Deswell Industries Earnings Geography

Deswell Industries Stock Summary

Deswell Industries competes with Desktop Metal, Fabrinet, Knowles Cor, Ubiquiti Networks, and Viavi Solutions. Deswell Industries, Inc. manufactures and sells injection-molded plastic parts and components, electronic products and subassemblies, and metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. Deswell Industries, Inc. was founded in 1987 and is based in Macau. Deswell Inds operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 990 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINVG2506391011
CUSIP250639101
LocationChina
Business Address10B, Edificio Associacao
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.deswell.com
Phone853 2832 2096
CurrencyUSD - US Dollar

Deswell Industries Key Financial Ratios

Deswell Industries Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets95.4M107.9M115.5M110.4M111.1M112.3M
Other Current Liab8.5M9.1M10.6M9.9M8.4M5.6M
Net Debt(22.5M)(20.2M)(13.5M)(22.2M)(15.8M)(16.5M)
Retained Earnings16.7M22.1M27.2M26.0M30.5M27.2M
Accounts Payable4.6M9.5M9.8M6.9M5.2M5.7M
Cash22.5M20.2M13.5M22.2M15.8M18.2M
Net Receivables12.3M14.7M18.2M15.7M12.2M15.9M
Inventory8.6M16.2M23.8M17.3M12.1M15.8M
Other Current Assets753K2.8M2.2M1.1M1.0M975.7K
Total Liab15.1M22.2M24.6M20.7M16.9M16.3M
Total Current Assets65.4M80.2M88.0M81.2M83.3M72.0M
Net Tangible Assets80.3M85.7M90.9M89.6M103.1M92.2M
Other Liab659K751K957K484K435.6K591.3K
Net Invested Capital80.3M85.7M90.9M89.6M94.2M95.2M
Net Working Capital51.1M59.0M64.0M60.9M66.8M63.9M

Deswell Industries Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense2.4M5.4M5.3M573K659.0K971.3K
Total Revenue65.4M64.9M85.5M77.5M69.4M60.0M
Gross Profit11.9M13.2M14.0M12.8M13.9M14.4M
Operating Income(1.6M)1.4M3.3M2.9M3.8M3.9M
Ebit1.4M2.7M3.1M3.1M3.9M3.7M
Ebitda3.4M4.4M4.9M4.8M5.4M6.7M
Cost Of Revenue53.5M51.7M71.5M64.7M55.5M62.6M
Income Before Tax(947K)8.7M8.2M2.3M7.8M5.0M
Net Income(1.3M)8.2M8.2M2.1M7.7M4.3M
Income Tax Expense373K475K(165K)255K110K104.5K
Tax Provision373K475K(165K)255K110K141.8K
Net Interest Income218K235K245K282K669K702.5K
Interest Income218K235K245K282K669K702.5K

Deswell Industries Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory4.0M(7.6M)(7.6M)6.4M5.2M5.5M
Change In Cash8.1M(2.3M)(6.8M)8.7M(6.4M)(6.1M)
Free Cash Flow12.6M2.7M(1.7M)12.2M12.8M13.5M
Depreciation2.0M1.8M1.7M1.7M1.5M3.0M
Other Non Cash Items6.2M(2.7M)(2.0M)3.3M(826K)(784.7K)
Capital Expenditures507K551K1.5M792K381K362.0K
Net Income(1.3M)8.2M8.4M2.1M7.7M4.3M
End Period Cash Flow22.5M20.2M13.5M22.2M15.8M18.3M
Dividends Paid2.4M2.9M3.2M3.2M(3.2M)(3.0M)
Change To Netincome6.3M(2.4M)(2.5M)3.1M2.8M2.9M
Investments(2.7M)(2.3M)(2.0M)(1.1M)(16.4M)(15.6M)

Deswell Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Deswell Industries's current stock value. Our valuation model uses many indicators to compare Deswell Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Deswell Industries competition to find correlations between indicators driving Deswell Industries's intrinsic value. More Info.
Deswell Industries is rated # 3 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers reporting about  0.26  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Deswell Industries is roughly  3.83 . At this time, Deswell Industries' Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Deswell Industries by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Deswell Industries Systematic Risk

Deswell Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Deswell Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Deswell Industries correlated with the market. If Beta is less than 0 Deswell Industries generally moves in the opposite direction as compared to the market. If Deswell Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Deswell Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Deswell Industries is generally in the same direction as the market. If Beta > 1 Deswell Industries moves generally in the same direction as, but more than the movement of the benchmark.

Deswell Industries Thematic Clasifications

Deswell Industries is part of Rubber and Plastic Products investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Rubber and Plastic ProductsView
This theme covers USA Equities from Rubber and Plastic Products industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Deswell Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Deswell Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Deswell Industries growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0179

At this time, Deswell Industries' Price Earnings To Growth Ratio is quite stable compared to the past year.

Deswell Industries November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Deswell Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Deswell Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Deswell Industries based on widely used predictive technical indicators. In general, we focus on analyzing Deswell Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Deswell Industries's daily price indicators and compare them against related drivers.
When determining whether Deswell Industries is a strong investment it is important to analyze Deswell Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Deswell Industries' future performance. For an informed investment choice regarding Deswell Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Deswell Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
For more information on how to buy Deswell Stock please use our How to buy in Deswell Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Deswell Industries. If investors know Deswell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Deswell Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.592
Earnings Share
0.65
Revenue Per Share
4.353
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0219
The market value of Deswell Industries is measured differently than its book value, which is the value of Deswell that is recorded on the company's balance sheet. Investors also form their own opinion of Deswell Industries' value that differs from its market value or its book value, called intrinsic value, which is Deswell Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Deswell Industries' market value can be influenced by many factors that don't directly affect Deswell Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Deswell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Deswell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deswell Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.