Ostin Technology Group Co., Ltd. (OST) 10-Year Financial Performance & Capital Metrics

OST • • Industrial / General

TechnologyTech Hardware & EquipmentDisplay & Visualization SystemsElectronic Displays & Signage

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 $32M -43.6%
EBITDA -$5M +32.7%
Net Income -$10M +8.1%
EPS (Diluted) -6.74 -764.1%
Gross Margin 5.19% +45.5%
EBITDA Margin -14.62% -19.3%
Operating Margin -29.35% -64.6%
Net Margin -30.99% -62.8%
ROE -91.57% -66.1%
ROIC -19.41% -4.6%
Debt/Equity 3.53 +93.9%
Interest Coverage -5.79 +28.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Share count reduced 89.3% through buybacks
✓Trading at only 0.3x book value

✗Weaknesses

✗High debt to equity ratio of 3.5x
✗Negative free cash flow
✗Weak momentum: RS Rating 10 (bottom 10%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 7.0% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-6.97%

3Y-42.16%

TTM-65.22%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-579.19%

EPS CAGR

10Y-

5Y-

3Y-

TTM-35466.04%

ROCE

10Y Avg-2.55%

5Y Avg-10.62%

3Y Avg-39.98%

Latest-72.94%

Peer Comparison

Electronic Displays & Signage

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYTSLSI Industries Inc.	617.81M	19.87	25.15	22.09%	4.21%	10.34%	5.61%	0.29
OSTOstin Technology Group Co., Ltd.	8.98M	1.70	-0.25	-43.57%	-27.7%	-364.93%		3.53
DAKTDaktronics, Inc.	1.07B	21.91	-104.33	-7.53%	0.96%	2.48%	7.32%	0.06

Profit & Loss

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Sales/Revenue+	61.46M	46.58M	140.07M	167.74M	105.42M	57.53M	32.46M
Revenue Growth %	-	-0.24%	2.01%	0.2%	-0.37%	-0.45%	-0.44%
Cost of Goods Sold+	56.98M	42.61M	128.2M	150.39M	92.8M	55.47M	30.78M
COGS % of Revenue	0.93%	0.91%	0.92%	0.9%	0.88%	0.96%	0.95%
Gross Profit+	4.48M	3.98M	11.87M	17.36M	12.61M	2.05M	1.69M
Gross Margin %	0.07%	0.09%	0.08%	0.1%	0.12%	0.04%	0.05%
Gross Profit Growth %	-	-0.11%	1.99%	0.46%	-0.27%	-0.84%	-0.18%
Operating Expenses+	3.36M	3.1M	7.74M	14.15M	12.16M	12.31M	11.22M
OpEx % of Revenue	0.05%	0.07%	0.06%	0.08%	0.12%	0.21%	0.35%
Selling, General & Admin	1.83M	2.22M	4.91M	8.96M	10.44M	9.72M	9.62M
SG&A % of Revenue	0.03%	0.05%	0.04%	0.05%	0.1%	0.17%	0.3%
Research & Development	1.53M	882.2K	2.83M	5.71M	2.52M	2.78M	1.7M
R&D % of Revenue	0.02%	0.02%	0.02%	0.03%	0.02%	0.05%	0.05%
Other Operating Expenses	0	0	0	-517.05K	-795.78K	-194.53K	-101.18K
Operating Income+	1.12M	871.28K	4.13M	3.22M	450.42K	-10.26M	-9.53M
Operating Margin %	0.02%	0.02%	0.03%	0.02%	0%	-0.18%	-0.29%
Operating Income Growth %	-	-0.22%	3.74%	-0.22%	-0.86%	-23.77%	0.07%
EBITDA+	1.6M	1.54M	5.54M	5.37M	2.84M	-7.05M	-4.75M
EBITDA Margin %	0.03%	0.03%	0.04%	0.03%	0.03%	-0.12%	-0.15%
EBITDA Growth %	-	-0.04%	2.6%	-0.03%	-0.47%	-3.48%	0.33%
D&A (Non-Cash Add-back)	482.97K	668.73K	1.41M	2.16M	2.39M	3.2M	4.78M
EBIT	787.19K	871.28K	3.46M	4.7M	-345.36K	-9.68M	-8.98M
Net Interest Income+	0	-632.49K	-688.4K	-1.11M	-1.29M	-1.27M	-1.65M
Interest Income	0	0	0	0	0	0	0
Interest Expense	425.14K	632.49K	688.4K	1.11M	1.29M	1.27M	1.65M
Other Income/Expense	-759.53K	-106.83K	-755.77K	21.06K	-11.25K	-530.74K	-636.93K
Pretax Income+	362.05K	764.45K	2.7M	3.24M	439.17K	-10.79M	-10.17M
Pretax Margin %	0.01%	0.02%	0.02%	0.02%	0%	-0.19%	-0.31%
Income Tax+	-168.67K	-2.32K	-126.72K	-57.09K	326.94K	227.32K	23.15K
Effective Tax Rate %	1.37%	0.99%	1%	0.96%	0.45%	1.02%	0.99%
Net Income+	495.31K	757.89K	2.71M	3.1M	198.98K	-10.95M	-10.06M
Net Margin %	0.01%	0.02%	0.02%	0.02%	0%	-0.19%	-0.31%
Net Income Growth %	-	0.53%	2.58%	0.14%	-0.94%	-56.03%	0.08%
Net Income (Continuing)	530.72K	766.76K	2.83M	3.3M	112.23K	-11.01M	-10.19M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	362.65K	434.53K	659.47K	878.97K	289K	130.22K	2.69M
EPS (Diluted)+	0.04	0.06	0.20	57.39	4.25	-0.78	-6.74
EPS Growth %	-	0.53%	2.57%	285.95%	-0.93%	-1.18%	-7.64%
EPS (Basic)	0.04	0.06	0.20	57.39	4.25	-7.82	-6.74
Diluted Shares Outstanding	13.5M	13.5M	13.5M	13.5M	11.77M	14.01M	1.49M
Basic Shares Outstanding	13.5M	13.5M	13.5M	13.5M	11.77M	14.01M	1.49M
Dividend Payout Ratio	2.68%	-	-	-	-	-	-

Balance Sheet

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Total Current Assets+	16M	24.58M	45.29M	54.19M	31.91M	24.44M	20.84M
Cash & Short-Term Investments	1.48M	1.34M	5.34M	684.34K	3.66M	854.52K	1.02M
Cash Only	1.48M	1.34M	5.34M	684.34K	3.66M	854.52K	1.02M
Short-Term Investments	0	0	0	0	0	0	0
Accounts Receivable	3.94M	3.8M	12.9M	26.98M	6.36M	7.13M	5.96M
Days Sales Outstanding	23.39	29.76	33.61	58.7	22.03	45.25	67.01
Inventory	10.34M	11.69M	17.95M	25.99M	15.43M	15.93M	11.11M
Days Inventory Outstanding	66.24	100.15	51.09	63.07	60.7	104.81	131.75
Other Current Assets	238.45K	1.13M	18.09K	-882.26K	6.25M	302.91K	314.92K
Total Non-Current Assets+	6.67M	12.51M	17.64M	21.77M	25.28M	32.11M	30.23M
Property, Plant & Equipment	5.92M	11.35M	14.95M	19.47M	19.42M	25.2M	24.52M
Fixed Asset Turnover	10.37x	4.10x	9.37x	8.61x	5.43x	2.28x	1.32x
Goodwill	0	0	0	0	0	0	0
Intangible Assets	0	613.14K	1.81M	1.62M	4.25M	6.46M	5.71M
Long-Term Investments	0	11.96M	-1.5M	-1.5M	210.87K	205.59K	0
Other Non-Current Assets	367.75K	-11.96M	1.5M	1.5M	823.12K	248.01K	0
Total Assets+	22.67M	37.09M	62.93M	75.97M	57.18M	56.55M	51.07M
Asset Turnover	2.71x	1.26x	2.23x	2.21x	1.84x	1.02x	0.64x
Asset Growth %	-	0.64%	0.7%	0.21%	-0.25%	-0.01%	-0.1%
Total Current Liabilities+	17.5M	29.4M	51.37M	60.57M	31.51M	40.53M	40.96M
Accounts Payable	5.36M	10.76M	23.24M	17.62M	6.28M	10.8M	6.34M
Days Payables Outstanding	34.37	92.21	66.16	42.76	24.7	71.05	75.23
Short-Term Debt	9.32M	14.54M	15.14M	32.42M	21.92M	23.92M	26.08M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	648.36K	1000K
Other Current Liabilities	1.49M	-447.7K	7.19M	3.2M	-730.64K	4.94M	-102.89K
Current Ratio	0.91x	0.84x	0.88x	0.89x	1.01x	0.60x	0.51x
Quick Ratio	0.32x	0.44x	0.53x	0.47x	0.52x	0.21x	0.24x
Cash Conversion Cycle	55.27	37.7	18.55	79.01	58.03	79	123.53
Total Non-Current Liabilities+	0	0	295.01K	199.6K	52.59K	1.93M	2.23M
Long-Term Debt	0	0	454.21K	194.02K	0	1.64M	1.71M
Capital Lease Obligations	0	0	246.39K	5.58K	0	12.89K	0
Deferred Tax Liabilities	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	52.59K	271.59K	516.94K
Total Liabilities	17.5M	29.4M	51.67M	60.76M	31.56M	42.46M	43.19M
Total Debt+	9.32M	14.54M	15.43M	32.81M	22.01M	25.68M	27.88M
Net Debt	7.84M	13.19M	10.09M	32.13M	17.88M	24.82M	26.85M
Debt / Equity	1.80x	1.89x	1.37x	2.16x	0.86x	1.82x	3.53x
Debt / EBITDA	5.81x	9.44x	2.78x	6.11x	7.75x	-	-
Net Debt / EBITDA	4.88x	8.57x	1.82x	5.98x	6.30x	-	-
Interest Coverage	2.64x	1.38x	6.01x	2.89x	0.35x	-8.06x	-5.79x
Total Equity+	5.17M	7.69M	11.26M	15.2M	25.63M	14.09M	7.89M
Equity Growth %	-	0.49%	0.46%	0.35%	0.69%	-0.45%	-0.44%
Book Value per Share	0.38	0.57	0.83	1.13	2.18	1.01	5.28
Total Shareholders' Equity	4.8M	7.25M	10.6M	14.32M	25.34M	13.96M	5.19M
Common Stock	3.73K	1.01K	1.01K	1.01K	1.4K	1.4K	1.77K
Retained Earnings	-3.09M	-2.5M	19K	2.75M	2.48M	-8.47M	-18.53M
Treasury Stock	0	0	0	0	0	0	0
Accumulated OCI	-647.25K	-498.37K	98.1K	717.64K	-405.79K	-833.84K	-742.91K
Minority Interest	362.65K	434.53K	659.47K	878.97K	289K	130.22K	2.69M

Cash Flow

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Cash from Operations+	-1.42M	123.14K	7.72M	-17.66M	9.7M	-2.59M	-4.94M
Operating CF Margin %	-0.02%	0%	0.06%	-0.11%	0.09%	-0.05%	-0.15%
Operating CF Growth %	-	1.09%	61.73%	-3.29%	1.55%	-1.27%	-0.91%
Net Income	495.31K	766.76K	2.83M	3.1M	112.23K	-11.01M	-10.06M
Depreciation & Amortization	482.97K	668.73K	1.43M	2.24M	2.66M	3.2M	4.78M
Stock-Based Compensation	0	0	0	0	0	0	0
Deferred Taxes	-378.43K	-189.56K	-300K	208.83K	106.78K	616.76K	0
Other Non-Cash Items	6.43M	307.41K	750.53K	1.23M	-606.55K	140.52K	639.73K
Working Capital Changes	-2.83M	-1.52M	3.02M	-24.44M	7.43M	4.46M	-302.41K
Change in Receivables	-3.41M	-58.76K	-6.71M	-15.16M	18.37M	252.31K	1.37M
Change in Inventory	-2.19M	-4.93M	-5.75M	-559.72K	1.6M	4.3M	3.53M
Change in Payables	947.21K	5.83M	11.54M	-6.78M	-10.51M	260.02K	-4.18M
Cash from Investing+	-3.57M	-6.82M	-5.18M	-5.2M	-6.88M	-6.99M	-1.39M
Capital Expenditures	-3.57M	-6.82M	-5.18M	-6.22M	-8.18M	-4.48M	-2.42M
CapEx % of Revenue	0.06%	0.15%	0.04%	0.04%	0.08%	0.08%	0.07%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	-376.46K	0	0	1.3M	-2.51M	1.03M
Cash from Financing+	6.2M	7.51M	210.46K	18.56M	11.79K	7.72M	6.75M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-1.33M	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	6.03M	271.21K	2.21M	-2.5M	2.37M	1.45M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-4.99M	-6.7M	2.55M	-23.89M	1.52M	-10.09M	-7.38M
FCF Margin %	-0.08%	-0.14%	0.02%	-0.14%	0.01%	-0.18%	-0.23%
FCF Growth %	-	-0.34%	1.38%	-10.38%	1.06%	-7.66%	0.27%
FCF per Share	-0.37	-0.50	0.19	-1.77	0.13	-0.72	-4.94
FCF Conversion (FCF/Net Income)	-2.87x	0.16x	2.85x	-5.70x	48.74x	0.24x	0.49x
Interest Paid	0	0	527.03K	751.66K	1.01M	1.01M	1.2M
Taxes Paid	0	0	268.72K	374.95K	241.7K	78.19K	112

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.59%	11.79%	28.64%	23.42%	0.97%	-55.14%	-91.57%
Return on Invested Capital (ROIC)	6.47%	3.86%	14.68%	7.03%	0.74%	-18.56%	-19.41%
Gross Margin	7.29%	8.53%	8.47%	10.35%	11.96%	3.57%	5.19%
Net Margin	0.81%	1.63%	1.94%	1.85%	0.19%	-19.03%	-30.99%
Debt / Equity	1.80x	1.89x	1.37x	2.16x	0.86x	1.82x	3.53x
Interest Coverage	2.64x	1.38x	6.01x	2.89x	0.35x	-8.06x	-5.79x
FCF Conversion	-2.87x	0.16x	2.85x	-5.70x	48.74x	0.24x	0.49x
Revenue Growth	-	-24.21%	200.7%	19.75%	-37.16%	-45.43%	-43.57%

Revenue by Segment

	2022	2023	2024
Others Member	-	2.21M	2.18M
Others Member Growth	-	-	-1.21%

Revenue by Geography

	2022	2023	2024
HONG KONG	8.95M	5.4M	2.4M
HONG KONG Growth	-	-39.60%	-55.67%

Frequently Asked Questions

Growth & Financials

Ostin Technology Group Co., Ltd. (OST) reported $76.5M in revenue for fiscal year 2024. This represents a 25% increase from $61.5M in 2018.

Ostin Technology Group Co., Ltd. (OST) saw revenue decline by 43.6% over the past year.

Ostin Technology Group Co., Ltd. (OST) reported a net loss of $21.2M for fiscal year 2024.

Dividend & Returns

Ostin Technology Group Co., Ltd. (OST) has a return on equity (ROE) of -91.6%. Negative ROE indicates the company is unprofitable.

Ostin Technology Group Co., Ltd. (OST) had negative free cash flow of $12.8M in fiscal year 2024, likely due to heavy capital investments.

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Ostin Technology Group Co., Ltd. (OST) 10-Year Financial Performance & Capital Metrics

OST • • Industrial / General

TechnologyTech Hardware & EquipmentDisplay & Visualization SystemsElectronic Displays & Signage

Revenue $32M -43.6%
EBITDA -$5M +32.7%
Net Income -$10M +8.1%
EPS (Diluted) -6.74 -764.1%
Gross Margin 5.19% +45.5%
EBITDA Margin -14.62% -19.3%
Operating Margin -29.35% -64.6%
Net Margin -30.99% -62.8%
ROE -91.57% -66.1%
ROIC -19.41% -4.6%
Debt/Equity 3.53 +93.9%
Interest Coverage -5.79 +28.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Share count reduced 89.3% through buybacks
✓Trading at only 0.3x book value

✗Weaknesses

✗High debt to equity ratio of 3.5x
✗Negative free cash flow
✗Weak momentum: RS Rating 10 (bottom 10%)
✗Low quality earnings: Net income not backed by cash flow
✗Sales declining 7.0% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-6.97%

3Y-42.16%

TTM-65.22%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-579.19%

EPS CAGR

10Y-

5Y-

3Y-

TTM-35466.04%

ROCE

10Y Avg-2.55%

5Y Avg-10.62%

3Y Avg-39.98%

Latest-72.94%

Peer Comparison

Electronic Displays & Signage

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
LYTSLSI Industries Inc.	617.81M	19.87	25.15	22.09%	4.21%	10.34%	5.61%	0.29
OSTOstin Technology Group Co., Ltd.	8.98M	1.70	-0.25	-43.57%	-27.7%	-364.93%		3.53
DAKTDaktronics, Inc.	1.07B	21.91	-104.33	-7.53%	0.96%	2.48%	7.32%	0.06

Profit & Loss

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Sales/Revenue+	61.46M	46.58M	140.07M	167.74M	105.42M	57.53M	32.46M
Revenue Growth %	-	-0.24%	2.01%	0.2%	-0.37%	-0.45%	-0.44%
Cost of Goods Sold+	56.98M	42.61M	128.2M	150.39M	92.8M	55.47M	30.78M
COGS % of Revenue	0.93%	0.91%	0.92%	0.9%	0.88%	0.96%	0.95%
Gross Profit+	4.48M	3.98M	11.87M	17.36M	12.61M	2.05M	1.69M
Gross Margin %	0.07%	0.09%	0.08%	0.1%	0.12%	0.04%	0.05%
Gross Profit Growth %	-	-0.11%	1.99%	0.46%	-0.27%	-0.84%	-0.18%
Operating Expenses+	3.36M	3.1M	7.74M	14.15M	12.16M	12.31M	11.22M
OpEx % of Revenue	0.05%	0.07%	0.06%	0.08%	0.12%	0.21%	0.35%
Selling, General & Admin	1.83M	2.22M	4.91M	8.96M	10.44M	9.72M	9.62M
SG&A % of Revenue	0.03%	0.05%	0.04%	0.05%	0.1%	0.17%	0.3%
Research & Development	1.53M	882.2K	2.83M	5.71M	2.52M	2.78M	1.7M
R&D % of Revenue	0.02%	0.02%	0.02%	0.03%	0.02%	0.05%	0.05%
Other Operating Expenses	0	0	0	-517.05K	-795.78K	-194.53K	-101.18K
Operating Income+	1.12M	871.28K	4.13M	3.22M	450.42K	-10.26M	-9.53M
Operating Margin %	0.02%	0.02%	0.03%	0.02%	0%	-0.18%	-0.29%
Operating Income Growth %	-	-0.22%	3.74%	-0.22%	-0.86%	-23.77%	0.07%
EBITDA+	1.6M	1.54M	5.54M	5.37M	2.84M	-7.05M	-4.75M
EBITDA Margin %	0.03%	0.03%	0.04%	0.03%	0.03%	-0.12%	-0.15%
EBITDA Growth %	-	-0.04%	2.6%	-0.03%	-0.47%	-3.48%	0.33%
D&A (Non-Cash Add-back)	482.97K	668.73K	1.41M	2.16M	2.39M	3.2M	4.78M
EBIT	787.19K	871.28K	3.46M	4.7M	-345.36K	-9.68M	-8.98M
Net Interest Income+	0	-632.49K	-688.4K	-1.11M	-1.29M	-1.27M	-1.65M
Interest Income	0	0	0	0	0	0	0
Interest Expense	425.14K	632.49K	688.4K	1.11M	1.29M	1.27M	1.65M
Other Income/Expense	-759.53K	-106.83K	-755.77K	21.06K	-11.25K	-530.74K	-636.93K
Pretax Income+	362.05K	764.45K	2.7M	3.24M	439.17K	-10.79M	-10.17M
Pretax Margin %	0.01%	0.02%	0.02%	0.02%	0%	-0.19%	-0.31%
Income Tax+	-168.67K	-2.32K	-126.72K	-57.09K	326.94K	227.32K	23.15K
Effective Tax Rate %	1.37%	0.99%	1%	0.96%	0.45%	1.02%	0.99%
Net Income+	495.31K	757.89K	2.71M	3.1M	198.98K	-10.95M	-10.06M
Net Margin %	0.01%	0.02%	0.02%	0.02%	0%	-0.19%	-0.31%
Net Income Growth %	-	0.53%	2.58%	0.14%	-0.94%	-56.03%	0.08%
Net Income (Continuing)	530.72K	766.76K	2.83M	3.3M	112.23K	-11.01M	-10.19M
Discontinued Operations	0	0	0	0	0	0	0
Minority Interest	362.65K	434.53K	659.47K	878.97K	289K	130.22K	2.69M
EPS (Diluted)+	0.04	0.06	0.20	57.39	4.25	-0.78	-6.74
EPS Growth %	-	0.53%	2.57%	285.95%	-0.93%	-1.18%	-7.64%
EPS (Basic)	0.04	0.06	0.20	57.39	4.25	-7.82	-6.74
Diluted Shares Outstanding	13.5M	13.5M	13.5M	13.5M	11.77M	14.01M	1.49M
Basic Shares Outstanding	13.5M	13.5M	13.5M	13.5M	11.77M	14.01M	1.49M
Dividend Payout Ratio	2.68%	-	-	-	-	-	-

Balance Sheet

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Total Current Assets+	16M	24.58M	45.29M	54.19M	31.91M	24.44M	20.84M
Cash & Short-Term Investments	1.48M	1.34M	5.34M	684.34K	3.66M	854.52K	1.02M
Cash Only	1.48M	1.34M	5.34M	684.34K	3.66M	854.52K	1.02M
Short-Term Investments	0	0	0	0	0	0	0
Accounts Receivable	3.94M	3.8M	12.9M	26.98M	6.36M	7.13M	5.96M
Days Sales Outstanding	23.39	29.76	33.61	58.7	22.03	45.25	67.01
Inventory	10.34M	11.69M	17.95M	25.99M	15.43M	15.93M	11.11M
Days Inventory Outstanding	66.24	100.15	51.09	63.07	60.7	104.81	131.75
Other Current Assets	238.45K	1.13M	18.09K	-882.26K	6.25M	302.91K	314.92K
Total Non-Current Assets+	6.67M	12.51M	17.64M	21.77M	25.28M	32.11M	30.23M
Property, Plant & Equipment	5.92M	11.35M	14.95M	19.47M	19.42M	25.2M	24.52M
Fixed Asset Turnover	10.37x	4.10x	9.37x	8.61x	5.43x	2.28x	1.32x
Goodwill	0	0	0	0	0	0	0
Intangible Assets	0	613.14K	1.81M	1.62M	4.25M	6.46M	5.71M
Long-Term Investments	0	11.96M	-1.5M	-1.5M	210.87K	205.59K	0
Other Non-Current Assets	367.75K	-11.96M	1.5M	1.5M	823.12K	248.01K	0
Total Assets+	22.67M	37.09M	62.93M	75.97M	57.18M	56.55M	51.07M
Asset Turnover	2.71x	1.26x	2.23x	2.21x	1.84x	1.02x	0.64x
Asset Growth %	-	0.64%	0.7%	0.21%	-0.25%	-0.01%	-0.1%
Total Current Liabilities+	17.5M	29.4M	51.37M	60.57M	31.51M	40.53M	40.96M
Accounts Payable	5.36M	10.76M	23.24M	17.62M	6.28M	10.8M	6.34M
Days Payables Outstanding	34.37	92.21	66.16	42.76	24.7	71.05	75.23
Short-Term Debt	9.32M	14.54M	15.14M	32.42M	21.92M	23.92M	26.08M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	648.36K	1000K
Other Current Liabilities	1.49M	-447.7K	7.19M	3.2M	-730.64K	4.94M	-102.89K
Current Ratio	0.91x	0.84x	0.88x	0.89x	1.01x	0.60x	0.51x
Quick Ratio	0.32x	0.44x	0.53x	0.47x	0.52x	0.21x	0.24x
Cash Conversion Cycle	55.27	37.7	18.55	79.01	58.03	79	123.53
Total Non-Current Liabilities+	0	0	295.01K	199.6K	52.59K	1.93M	2.23M
Long-Term Debt	0	0	454.21K	194.02K	0	1.64M	1.71M
Capital Lease Obligations	0	0	246.39K	5.58K	0	12.89K	0
Deferred Tax Liabilities	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	52.59K	271.59K	516.94K
Total Liabilities	17.5M	29.4M	51.67M	60.76M	31.56M	42.46M	43.19M
Total Debt+	9.32M	14.54M	15.43M	32.81M	22.01M	25.68M	27.88M
Net Debt	7.84M	13.19M	10.09M	32.13M	17.88M	24.82M	26.85M
Debt / Equity	1.80x	1.89x	1.37x	2.16x	0.86x	1.82x	3.53x
Debt / EBITDA	5.81x	9.44x	2.78x	6.11x	7.75x	-	-
Net Debt / EBITDA	4.88x	8.57x	1.82x	5.98x	6.30x	-	-
Interest Coverage	2.64x	1.38x	6.01x	2.89x	0.35x	-8.06x	-5.79x
Total Equity+	5.17M	7.69M	11.26M	15.2M	25.63M	14.09M	7.89M
Equity Growth %	-	0.49%	0.46%	0.35%	0.69%	-0.45%	-0.44%
Book Value per Share	0.38	0.57	0.83	1.13	2.18	1.01	5.28
Total Shareholders' Equity	4.8M	7.25M	10.6M	14.32M	25.34M	13.96M	5.19M
Common Stock	3.73K	1.01K	1.01K	1.01K	1.4K	1.4K	1.77K
Retained Earnings	-3.09M	-2.5M	19K	2.75M	2.48M	-8.47M	-18.53M
Treasury Stock	0	0	0	0	0	0	0
Accumulated OCI	-647.25K	-498.37K	98.1K	717.64K	-405.79K	-833.84K	-742.91K
Minority Interest	362.65K	434.53K	659.47K	878.97K	289K	130.22K	2.69M

Cash Flow

	Sep 2018	Sep 2019	Sep 2020	Sep 2021	Sep 2022	Sep 2023	Sep 2024
Cash from Operations+	-1.42M	123.14K	7.72M	-17.66M	9.7M	-2.59M	-4.94M
Operating CF Margin %	-0.02%	0%	0.06%	-0.11%	0.09%	-0.05%	-0.15%
Operating CF Growth %	-	1.09%	61.73%	-3.29%	1.55%	-1.27%	-0.91%
Net Income	495.31K	766.76K	2.83M	3.1M	112.23K	-11.01M	-10.06M
Depreciation & Amortization	482.97K	668.73K	1.43M	2.24M	2.66M	3.2M	4.78M
Stock-Based Compensation	0	0	0	0	0	0	0
Deferred Taxes	-378.43K	-189.56K	-300K	208.83K	106.78K	616.76K	0
Other Non-Cash Items	6.43M	307.41K	750.53K	1.23M	-606.55K	140.52K	639.73K
Working Capital Changes	-2.83M	-1.52M	3.02M	-24.44M	7.43M	4.46M	-302.41K
Change in Receivables	-3.41M	-58.76K	-6.71M	-15.16M	18.37M	252.31K	1.37M
Change in Inventory	-2.19M	-4.93M	-5.75M	-559.72K	1.6M	4.3M	3.53M
Change in Payables	947.21K	5.83M	11.54M	-6.78M	-10.51M	260.02K	-4.18M
Cash from Investing+	-3.57M	-6.82M	-5.18M	-5.2M	-6.88M	-6.99M	-1.39M
Capital Expenditures	-3.57M	-6.82M	-5.18M	-6.22M	-8.18M	-4.48M	-2.42M
CapEx % of Revenue	0.06%	0.15%	0.04%	0.04%	0.08%	0.08%	0.07%
Acquisitions	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-
Other Investing	0	-376.46K	0	0	1.3M	-2.51M	1.03M
Cash from Financing+	6.2M	7.51M	210.46K	18.56M	11.79K	7.72M	6.75M
Debt Issued (Net)	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-
Dividends Paid	-1.33M	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-
Other Financing	0	6.03M	271.21K	2.21M	-2.5M	2.37M	1.45M
Net Change in Cash	-	-	-	-	-	-	-
Free Cash Flow+	-4.99M	-6.7M	2.55M	-23.89M	1.52M	-10.09M	-7.38M
FCF Margin %	-0.08%	-0.14%	0.02%	-0.14%	0.01%	-0.18%	-0.23%
FCF Growth %	-	-0.34%	1.38%	-10.38%	1.06%	-7.66%	0.27%
FCF per Share	-0.37	-0.50	0.19	-1.77	0.13	-0.72	-4.94
FCF Conversion (FCF/Net Income)	-2.87x	0.16x	2.85x	-5.70x	48.74x	0.24x	0.49x
Interest Paid	0	0	527.03K	751.66K	1.01M	1.01M	1.2M
Taxes Paid	0	0	268.72K	374.95K	241.7K	78.19K	112

Key Ratios

Metric	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	9.59%	11.79%	28.64%	23.42%	0.97%	-55.14%	-91.57%
Return on Invested Capital (ROIC)	6.47%	3.86%	14.68%	7.03%	0.74%	-18.56%	-19.41%
Gross Margin	7.29%	8.53%	8.47%	10.35%	11.96%	3.57%	5.19%
Net Margin	0.81%	1.63%	1.94%	1.85%	0.19%	-19.03%	-30.99%
Debt / Equity	1.80x	1.89x	1.37x	2.16x	0.86x	1.82x	3.53x
Interest Coverage	2.64x	1.38x	6.01x	2.89x	0.35x	-8.06x	-5.79x
FCF Conversion	-2.87x	0.16x	2.85x	-5.70x	48.74x	0.24x	0.49x
Revenue Growth	-	-24.21%	200.7%	19.75%	-37.16%	-45.43%	-43.57%

Revenue by Segment

	2022	2023	2024
Others Member	-	2.21M	2.18M
Others Member Growth	-	-	-1.21%

Revenue by Geography

	2022	2023	2024
HONG KONG	8.95M	5.4M	2.4M
HONG KONG Growth	-	-39.60%	-55.67%

Frequently Asked Questions

Growth & Financials

Ostin Technology Group Co., Ltd. (OST) reported $76.5M in revenue for fiscal year 2024. This represents a 25% increase from $61.5M in 2018.

Ostin Technology Group Co., Ltd. (OST) saw revenue decline by 43.6% over the past year.

Ostin Technology Group Co., Ltd. (OST) reported a net loss of $21.2M for fiscal year 2024.

Dividend & Returns

Ostin Technology Group Co., Ltd. (OST) has a return on equity (ROE) of -91.6%. Negative ROE indicates the company is unprofitable.

Ostin Technology Group Co., Ltd. (OST) had negative free cash flow of $12.8M in fiscal year 2024, likely due to heavy capital investments.