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OST logoOstin Technology Group Co., Ltd.(OST)Earnings, Financials & Key Ratios

OST•NASDAQ
$1.70
$10M mkt cap·Price updated May 7, 2026
SectorTechnologyIndustryTech Hardware & EquipmentSub-IndustryDisplays, Signage and Smart Glass
AboutOstin Technology Group Co., Ltd. designs, develops, and manufactures thin-film transistor liquid crystal display (TFT-LCD) modules and polarizers in China. The company offers TFT-LCD solutions for drive IC, TCON board, and power supply applications; back light systems and special modules; LC display modules, touch panel modules, and smart display terminals; and polarizers used in the TFT-LCD display modules. It offers display modules to markets, such as consumer electronics, including AIOs, monitors, laptop computers, and tablets; automotive displays, including dashboard, and navigation and multimedia systems; and outdoor LCD displays, which are used to display multimedia graphics, such as company advertisements, promotions, scoreboards, and traffic signs. The company sells its products directly to customers, as well as to customers' designated system integrators. Ostin Technology Group Co., Ltd. was founded in 2010 and is based in Nanjing, China with manufacturing facilities in China.Show more
  • Revenue$40M+22.2%
  • EBITDA-$6M-19.8%
  • Net Income-$10M+0.5%
  • EPS (Diluted)-4.38+97.4%
  • Gross Margin6.4%+23.2%
  • EBITDA Margin-14.33%+2.0%
  • Operating Margin-22.88%+22.1%
  • Net Margin-25.24%+18.6%
  • ROE-106.28%-16.1%
  • ROIC-19.16%-9.2%
  • Debt/Equity2.34-43.5%
  • Interest Coverage-5.48-0.5%
Technical→

OST Key Insights

Ostin Technology Group Co., Ltd. (OST) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Trading at only 0.4x book value

✗Weaknesses

  • ✗High debt to equity ratio of 2.3x
  • ✗Negative free cash flow
  • ✗Sales declining 22.3% over 5 years
  • ✗Shares diluted 100.0% in last year
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

OST Price & Volume

Ostin Technology Group Co., Ltd. (OST) stock price & volume — 10-year historical chart

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OST Growth Metrics

Ostin Technology Group Co., Ltd. (OST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-22.3%
3 Years-27.8%
TTM-55.73%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-86.77%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-28.13%

Return on Capital

10 Years-12.85%
5 Years-34.65%
3 Years-66.32%
Last Year-76.84%

OST Peer Comparison

Ostin Technology Group Co., Ltd. (OST) competitors in Displays, Signage and Smart Glass — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
CODA logoCODACoda Octopus Group, Inc.Direct Competitor134.12M11.9032.1630.75%14.78%7.17%0.01
KXIN logoKXINKaixin Auto HoldingsDirect Competitor4.95M4.50-0.10-100%-694.94%-5.94%0.08
LIQT logoLIQTLiqTech International, Inc.Direct Competitor22.21M2.31-2.5913.03%-53.25%-69.97%1.17
HIMX logoHIMXHimax Technologies, Inc.Product Competitor2.8B16.0361.65-8.23%5.29%4.92%0.66
VUZI logoVUZIVuzix CorporationProduct Competitor231.95M2.86-6.811090.42%-5.14%-5.21%0.04
KODK logoKODKEastman Kodak CompanyProduct Competitor1.38B14.15-7.952.49%-12.6%-18.74%0.35
AMAT logoAMATApplied Materials, Inc.Supply Chain325.54B410.5247.404.39%24.67%34.28%0.32
OLED logoOLEDUniversal Display CorporationSupply Chain4.37B92.7418.260.45%34.08%12.33%0.02

Compare OST vs Peers

Ostin Technology Group Co., Ltd. (OST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CODA

Most directly comparable listed peer for OST.

Scale Benchmark

vs AMAT

Larger-name benchmark to compare OST against a more recognizable public peer.

Peer Set

Compare Top 5

vs CODA, KXIN, LIQT, HIMX

OST Income Statement

Ostin Technology Group Co., Ltd. (OST) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemSep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25
Sales/Revenue61.46M46.58M140.07M167.74M105.42M57.53M32.46M39.68M
Revenue Growth %--24.21%200.7%19.75%-37.16%-45.43%-43.57%22.23%
Cost of Goods Sold56.98M42.61M128.49M150.39M92.8M55.47M30.78M37.14M
COGS % of Revenue92.71%91.47%91.73%89.65%88.04%96.43%94.81%93.6%
Gross Profit
4.48M▲ 0%
3.98M▼ 11.3%
11.58M▲ 191.4%
17.36M▲ 49.8%
12.61M▼ 27.3%
2.05M▼ 83.7%
1.69M▼ 17.9%
2.54M▲ 50.6%
Gross Margin %7.29%8.53%8.27%10.35%11.96%3.57%5.19%6.4%
Gross Profit Growth %--11.3%191.41%49.85%-27.34%-83.72%-17.89%50.57%
Operating Expenses3.36M3.1M8.12M14.14M12.16M12.31M11.22M11.62M
OpEx % of Revenue5.47%6.66%5.8%8.43%11.54%21.4%34.55%29.27%
Selling, General & Admin1.83M2.22M5.3M8.96M10.44M9.72M9.62M9.21M
SG&A % of Revenue2.99%4.77%3.78%5.34%9.91%16.9%29.62%23.22%
Research & Development1.53M882.2K2.83M5.71M2.52M2.78M1.7M2.53M
R&D % of Revenue2.48%1.89%2.02%3.41%2.39%4.84%5.24%6.38%
Other Operating Expenses000-527.82K-795.78K-194.53K-101.18K-130.59K
Operating Income
1.12M▲ 0%
871.28K▼ 22.3%
3.46M▲ 297.2%
3.22M▼ 7.0%
450.42K▼ 86.0%
-10.26M▼ 2377.0%
-9.53M▲ 7.1%
-9.08M▲ 4.8%
Operating Margin %1.82%1.87%2.47%1.92%0.43%-17.83%-29.35%-22.88%
Operating Income Growth %--22.32%297.15%-7.02%-86%-2376.96%7.08%4.75%
EBITDA1.6M1.43M4.56M5.14M2.84M-7.05M-4.75M-5.69M
EBITDA Margin %2.61%3.08%3.26%3.07%2.69%-12.26%-14.62%-14.33%
EBITDA Growth %--10.65%218.04%12.83%-44.82%-348.47%32.69%-19.79%
D&A (Non-Cash Add-back)482.97K562.35K1.1M1.93M2.39M3.2M4.78M3.39M
EBIT787.19K871.28K3.46M2.69M-345.36K-9.68M-8.98M-8.71M
Net Interest Income-425.14K-632.49K-688.4K-1.11M-1.29M-1.27M-1.65M-1.59M
Interest Income00000000
Interest Expense425.14K632.49K688.4K1.11M1.29M1.27M1.65M1.59M
Other Income/Expense-759.53K-106.83K-755.77K21.06K-11.25K-530.74K-636.93K-1.22M
Pretax Income
362.05K▲ 0%
764.45K▲ 111.1%
2.7M▲ 253.8%
3.24M▲ 19.7%
439.17K▼ 86.4%
-10.79M▼ 2556.1%
-10.17M▲ 5.8%
-10.3M▼ 1.3%
Pretax Margin %0.59%1.64%1.93%1.93%0.42%-18.75%-31.32%-25.95%
Income Tax-168.67K-2.32K-126.72K-57.09K326.94K227.32K23.15K15.59K
Effective Tax Rate %-46.59%-0.3%-4.69%-1.76%74.45%-2.11%-0.23%-0.15%
Net Income
495.31K▲ 0%
757.89K▲ 53.0%
2.71M▲ 258.1%
3.1M▲ 14.2%
198.98K▼ 93.6%
-10.95M▼ 5602.5%
-10.06M▲ 8.1%
-10.02M▲ 0.5%
Net Margin %0.81%1.63%1.94%1.85%0.19%-19.03%-30.99%-25.24%
Net Income Growth %-53.01%258.12%14.18%-93.58%-5602.52%8.1%0.46%
Net Income (Continuing)530.72K766.76K2.83M3.3M112.23K-11.01M-10.19M-10.31M
Discontinued Operations00000000
Minority Interest362.65K434.53K659.47K878.97K289K130.22K2.69M3.96M
EPS (Diluted)
9.18▲ 0%
14.03▲ 52.9%
50.00▲ 256.5%
14347.50▲ 28595.0%
1062.50▼ 92.6%
-195.00▼ 118.4%
-168.50▲ 13.6%
-4.38▲ 97.4%
EPS Growth %-52.86%256.51%28595%-92.59%-118.35%13.59%97.4%
EPS (Basic)9.1814.0350.0014347.501062.50-1955.00-168.50-4.38
Diluted Shares Outstanding54K54K54K54K47.09K56.02K59.75K2.29M
Basic Shares Outstanding54K54K54K54K47.09K56.02K59.75K2.29M
Dividend Payout Ratio268.09%-------

OST Balance Sheet

Ostin Technology Group Co., Ltd. (OST) balance sheet — assets, liabilities & shareholders' equity

Line itemSep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25
Total Current Assets16M24.58M45.29M54.19M31.91M24.44M20.84M18.37M
Cash & Short-Term Investments1.48M1.34M5.34M684.34K3.66M854.52K1.02M5.07M
Cash Only1.48M1.34M5.34M684.34K3.66M854.52K1.02M5.07M
Short-Term Investments00000000
Accounts Receivable3.94M3.8M12.9M26.98M6.36M7.13M5.96M4.18M
Days Sales Outstanding23.3929.7633.6158.722.0345.2567.0138.5
Inventory10.34M17.73M26.5M25.99M21.53M15.93M13.55M8.02M
Days Inventory Outstanding66.24151.8675.2863.0784.68104.81160.6478.8
Other Current Assets238.45K1.13M18.09K-882.26K150.97K302.91K-718.01K1.1M
Total Non-Current Assets6.67M12.51M17.64M21.77M25.33M32.11M30.23M34.87M
Property, Plant & Equipment5.92M11.35M14.95M19.47M19.42M25.2M24.52M29.68M
Fixed Asset Turnover10.37x4.10x9.37x8.61x5.43x2.28x1.32x1.34x
Goodwill00000000
Intangible Assets0613.14K1.81M1.62M4.25M6.46M5.71M3.58M
Long-Term Investments0000210.87K205.59K0310.44K
Other Non-Current Assets367.75K543.79K882.01K673.18K1.44M248.01K01.3M
Total Assets
22.67M▲ 0%
37.09M▲ 63.6%
62.93M▲ 69.7%
75.97M▲ 20.7%
57.23M▼ 24.7%
56.55M▼ 1.2%
51.07M▼ 9.7%
53.25M▲ 4.3%
Asset Turnover2.71x1.26x2.23x2.21x1.84x1.02x0.64x0.75x
Asset Growth %-63.62%69.66%20.72%-24.66%-1.2%-9.68%4.25%
Total Current Liabilities17.5M29.4M50.97M60.57M31.56M40.53M40.96M39.74M
Accounts Payable5.36M11.81M23.24M17.62M6.28M10.8M6.34M8.07M
Days Payables Outstanding34.37101.1966.0142.7624.771.0575.2379.36
Short-Term Debt9.32M14.09M16.05M35.61M21.92M26.92M30.86M23.25M
Deferred Revenue (Current)1.32M0000001.29M
Other Current Liabilities1.49M2.58M11.63M7.14M2.89M2.3M3.39M6.94M
Current Ratio0.91x0.84x0.89x0.89x1.01x0.60x0.51x0.46x
Quick Ratio0.32x0.23x0.37x0.47x0.33x0.21x0.18x0.26x
Cash Conversion Cycle55.2780.4342.8879.0182.0179152.4237.94
Total Non-Current Liabilities00700.6K199.6K52.59K1.93M2.23M2.55M
Long-Term Debt00454.21K194.02K01.64M1.71M2.39M
Capital Lease Obligations00246.39K5.58K012.89K00
Deferred Tax Liabilities00000000
Other Non-Current Liabilities000052.59K271.59K516.94K162.98K
Total Liabilities17.5M29.4M51.67M60.76M31.61M42.46M43.19M42.29M
Total Debt9.32M14.09M16.8M36.01M22.01M28.68M32.66M25.64M
Net Debt7.84M12.74M11.46M35.32M18.36M27.83M31.63M20.56M
Debt / Equity1.80x1.83x1.49x2.37x0.86x2.04x4.14x2.34x
Debt / EBITDA5.81x9.83x3.68x7.00x7.75x---
Net Debt / EBITDA4.88x8.89x2.51x6.87x6.47x---
Interest Coverage1.85x1.38x5.03x2.42x-0.27x-7.60x-5.46x-5.48x
Total Equity
5.17M▲ 0%
7.69M▲ 48.8%
11.26M▲ 46.5%
15.2M▲ 35.0%
25.63M▲ 68.6%
14.09M▼ 45.0%
7.89M▼ 44.0%
10.96M▲ 39.0%
Equity Growth %-48.82%46.47%34.97%68.57%-45.02%-44.02%38.99%
Book Value per Share95.68142.40208.57281.52544.14251.46131.994.80
Total Shareholders' Equity4.8M7.25M10.6M14.32M25.34M13.96M5.19M7M
Common Stock3.73K1.01K1.01K1.01K1.4K1.4K1.77K149.8K
Retained Earnings-3.09M-2.03M682.78K3.78M3.98M-6.97M-17.03M-28.54M
Treasury Stock00000000
Accumulated OCI-647.25K-971.81K-565.67K-316.02K-1.9M-2.33M-2.24M-730.84K
Minority Interest362.65K434.53K659.47K878.97K289K130.22K2.69M3.96M

OST Cash Flow Statement

Ostin Technology Group Co., Ltd. (OST) cash flow — operating, investing & free cash flow history

Line itemSep'18Sep'19Sep'20Sep'21Sep'22Sep'23Sep'24Sep'25
Cash from Operations-1.42M123.14K7.72M-17.66M9.7M-2.59M-4.94M85.25K
Operating CF Margin %-2.31%0.26%5.51%-10.53%9.2%-4.5%-15.23%0.21%
Operating CF Growth %-108.67%6173.04%-328.67%154.9%-126.72%-90.74%101.72%
Net Income495.31K757.89K2.71M3.1M198.98K-10.95M-10.06M-10.02M
Depreciation & Amortization482.97K668.73K1.43M2.16M2.58M3.11M4.69M3.27M
Stock-Based Compensation00000000
Deferred Taxes-378.43K-189.56K-300K208.83K106.78K616.76K0-5.33K
Other Non-Cash Items805.99K401.81K867.7K1.31M-614.38K165.75K729.76K75.96K
Working Capital Changes-2.83M-1.52M3.02M-24.44M7.43M4.46M-302.41K6.76M
Change in Receivables-3.41M-251.22K-8.6M-13.03M18.47M-398.93K1.81M199.26K
Change in Inventory-2.19M-8.1M-7.88M819.21K1.93M4.91M2.55M4.7M
Change in Payables947.21K5.83M11.54M-6.78M-10.51M260.02K-4.18M1.8M
Cash from Investing-3.57M-6.82M-5.18M-5.2M-6.88M-6.99M-1.39M-7.29M
Capital Expenditures-3.57M-6.82M-5.18M-6.22M-8.18M-7.5M-2.44M-7.5M
CapEx % of Revenue5.81%14.64%3.7%3.71%7.76%13.04%7.5%18.9%
Acquisitions0001.02M1.52M509.92K502.46K213.13K
Investments--------
Other Investing00000000
Cash from Financing6.2M7.51M210.46K18.56M11.79K7.72M6.75M10.95M
Debt Issued (Net)4.09M6.03M111.97K16.36M-9.89M5.35M2.07M-2.23M
Equity Issued (Net)3.44M1.48M98.49K012.41M03.46M12.64M
Dividends Paid-1.33M0000000
Share Repurchases00000000
Other Financing0002.21M-2.5M2.37M1.22M542.73K
Net Change in Cash
1.48M▲ 0%
987.2K▼ 33.4%
2.89M▲ 192.9%
-4.68M▼ 261.8%
3.12M▲ 166.8%
-2.65M▼ 184.8%
182.07K▲ 106.9%
3.74M▲ 1951.6%
Free Cash Flow
-4.89M▲ 0%
-6.32M▼ 29.3%
4.02M▲ 163.6%
-23.88M▼ 693.4%
4.58M▲ 119.2%
-7.08M▼ 254.6%
-7.36M▼ 4.1%
-7.12M▲ 3.3%
FCF Margin %-7.96%-13.57%2.87%-14.23%4.34%-12.3%-22.68%-17.94%
FCF Growth %--29.28%163.64%-693.4%119.17%-254.63%-4.05%3.34%
FCF per Share-90.55-117.0774.51-442.1497.17-126.30-123.23-3.11
FCF Conversion (FCF/Net Income)-2.87x0.16x2.85x-5.70x48.74x0.24x0.49x-0.01x
Interest Paid00000000
Taxes Paid00000000

OST Key Ratios

Ostin Technology Group Co., Ltd. (OST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric20182019202020212022202320242025
Return on Equity (ROE)9.59%11.79%28.64%23.42%0.97%-55.14%-91.57%-106.28%
Return on Invested Capital (ROIC)6.47%3.91%12.03%6.59%0.71%-17.91%-17.55%-19.16%
Gross Margin7.29%8.53%8.27%10.35%11.96%3.57%5.19%6.4%
Net Margin0.81%1.63%1.94%1.85%0.19%-19.03%-30.99%-25.24%
Debt / Equity1.80x1.83x1.49x2.37x0.86x2.04x4.14x2.34x
Interest Coverage1.85x1.38x5.03x2.42x-0.27x-7.60x-5.46x-5.48x
FCF Conversion-2.87x0.16x2.85x-5.70x48.74x0.24x0.49x-0.01x
Revenue Growth--24.21%200.7%19.75%-37.16%-45.43%-43.57%22.23%

OST Frequently Asked Questions

Ostin Technology Group Co., Ltd. (OST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Ostin Technology Group Co., Ltd. (OST) reported $72.1M in revenue for fiscal year 2025. This represents a 17% increase from $61.5M in 2018.

Ostin Technology Group Co., Ltd. (OST) grew revenue by 22.2% over the past year. This is strong growth.

Ostin Technology Group Co., Ltd. (OST) reported a net loss of $20.1M for fiscal year 2025.

Dividend & Returns

Ostin Technology Group Co., Ltd. (OST) has a return on equity (ROE) of -106.3%. Negative ROE indicates the company is unprofitable.

Ostin Technology Group Co., Ltd. (OST) had negative free cash flow of $7.4M in fiscal year 2025, likely due to heavy capital investments.

Explore More OST

Ostin Technology Group Co., Ltd. (OST) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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