This table compares ASUSTeK Computer Inc.'s financial performance in 2023 with its peers in the Technology Hardware industry. It highlights key metrics related to profitability, financial health, growth, and operational efficiency, helping us see how ASUS stacks up against other companies.
Breakdown:
Company and Percentile Information:
ASUS's Financial Values: These columns show ASUS's actual values for each metric in 2023.
Percentile Rank: This shows where ASUS stands in comparison to its peers. For example, a 75th percentile rank means ASUS performed better than 75% of its competitors.
Benchmark Percentiles (90th, 75th, 50th, 25th, 10th): These columns provide reference points, showing the performance of top, middle, and bottom performers in the industry.
Status: This indicates whether ASUS's performance is considered "Normal," "High," or "Low" compared to its peers.
Unit: Shows the measurement unit for each metric (e.g., percentage, days).
Profitability:
Gross Margin (15%, 31st Percentile, Normal): ASUS’s margin is at 15%, meaning 69% of its peers had a higher margin. There's room for improvement.
Operating Margin (2.3%, 43rd Percentile, Normal): A 2.3% operating margin suggests ASUS is slightly below the industry median.
Net Margin (3.7%, 48th Percentile, Normal): ASUS’s net margin is close to the industry average, indicating typical overall profitability.
Return on Assets (3.7%, 54th Percentile, Normal): ASUS is slightly above the median, showing average efficiency in using assets.
Return on Invested Capital (5.4%, 54th Percentile, Normal): ASUS's return on invested capital is also just above average.
Financial Health:
Free Cash Flow / Total Cost (10.5%, 58th Percentile, Normal): ASUS has a strong ability to generate cash, performing better than the median.
Current Ratio (1.55, 27th Percentile, Normal): A ratio of 1.55 suggests ASUS might face liquidity challenges compared to its peers.
Liability to Asset Ratio (46%, 59th Percentile, Normal): ASUS has a lower level of financial leverage, which is slightly better than the median.
Growth:
Total Revenue Growth (-10.4%, 48th Percentile, Normal): ASUS saw a decline in revenue, similar to many of its peers.
Operating Income Growth (-14.2%, 60th Percentile, Normal): ASUS’s operating income dropped, but less severely than many competitors.
Net Income Growth (6.1%, 75th Percentile, High): ASUS saw a strong increase in net income, outperforming most peers.
Free Cash Flow Growth: Not available for 2023.
Operational Efficiency:
SG&A Costs / Total Revenue (8.2%, 35th Percentile, Normal): ASUS's overhead costs are higher than most of its peers, suggesting room for cost-saving improvements.
Inventory Days (109, 65th Percentile, Normal): ASUS holds inventory for 109 days, which is slower than many competitors.
Cash Conversion Cycle (120.4 days, 65th Percentile, Normal): It takes ASUS 120 days to turn its investments into cash, indicating a longer-than-average cycle.
Overall Summary:
In 2023, ASUS showed mixed performance:
Profitability is generally around the industry median, with room for improvement in margins.
Financial Health looks good, but liquidity could be a concern due to a low current ratio.
Growth was weak in revenue and operating income, but strong net income growth outperformed many peers.
Operational Efficiency shows potential for improvement, particularly in managing costs and inventory turnover.