Ostin Technology Group Co Ltd - Understand $ost stock

$OST Market Cap: $5.954 Million

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Financial Snapshot

Revenue

$212.2M

TTM

Gross Margin

5.88%

TTM

Net Earnings

-$20.38M

TTM

Current Assets

$21.00M

Q1 2024

Current Liabilities

$39.05M

Q1 2024

Current Ratio

53.77%

Q1 2024

Total Assets

$51.44M

Q1 2024

Total Liabilities

$41.16M

Q1 2024

Book Value

$10.28M

Q1 2024

Cash

$1.745M

Q1 2024

P/E

-0.2922

Sep 13, 2024 EST

Free Cash Flow

-$19.76M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$57.53M	$105.4M	$167.7M	$140.1M	$46.60M	$61.50M
YoY Change	-45.43%	-37.16%	19.73%	200.64%	-24.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$57.53M	$105.4M	$167.7M	$140.1M	$46.60M	$61.50M
Cost Of Revenue	$55.47M	$92.80M	$150.4M	$128.2M	$42.60M	$57.00M
Gross Profit	$2.054M	$12.61M	$17.36M	$11.90M	$4.000M	$4.500M
Gross Profit Margin	3.57%	11.96%	10.35%	8.49%	8.58%	7.32%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$9.721M	$10.44M	$8.957M	$4.900M	$2.200M	$1.800M
YoY Change	-6.91%	16.59%	82.79%	122.73%	22.22%
% of Gross Profit	473.36%	82.8%	51.6%	41.18%	55.0%	40.0%
Research & Development	$2.783M	$2.515M	$5.713M	$2.800M	$900.0K	$1.500M
YoY Change	10.65%	-55.97%	104.03%	211.11%	-40.0%
% of Gross Profit	135.52%	19.94%	32.91%	23.53%	22.5%	33.33%
Depreciation & Amortization	$2.438M	$2.309M	$2.127M	$1.430M	$670.0K	$490.0K
YoY Change	5.59%	8.57%	48.74%	113.43%	36.73%
% of Gross Profit	118.73%	18.31%	12.25%	12.02%	16.75%	10.89%
Operating Expenses	$12.31M	$12.16M	$14.67M	$7.700M	$3.100M	$3.300M
YoY Change	1.21%	-17.09%	90.51%	148.39%	-6.06%
Operating Profit	-$10.26M	$450.4K	$2.690M	$4.200M	$900.0K	$1.200M
YoY Change	-2376.96%	-83.25%	-35.96%	366.67%	-25.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	-$1.273M	$67.75K	-$1.112M	-$700.0K	-$600.0K	-$400.0K
YoY Change	-1979.06%	-106.09%	58.86%	16.67%	50.0%
% of Operating Profit		15.04%	-41.35%	-16.67%	-66.67%	-33.33%
Other Income/Expense, Net	-$530.7K	-$11.25K	$1.133M	-$700.0K	$500.0K	-$300.0K
YoY Change	4616.83%	-100.99%	-261.87%	-240.0%	-266.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$10.79M	$439.2K	$3.238M	$2.700M	$800.0K	$400.0K
YoY Change	-2556.15%	-86.44%	19.94%	237.5%	100.0%
Income Tax	$227.3K	$326.9K	-$57.09K	-$100.0K	$0.00	-$200.0K
% Of Pretax Income		74.45%	-1.76%	-3.7%	0.0%	-50.0%
Net Earnings	-$11.01M	$112.2K	$3.099M	$2.700M	$800.0K	$500.0K
YoY Change	-9914.01%	-96.38%	14.78%	237.5%	60.0%
Net Earnings / Revenue	-19.15%	0.11%	1.85%	1.93%	1.72%	0.81%
Basic Earnings Per Share	-$0.78	$0.02	$0.30	$0.27
Diluted Earnings Per Share	-$0.78	$0.01	$229.6K	$192.9K	$57.14K	$35.71K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$854.5K	$3.656M	$684.3K	$5.340M	$1.340M	$340.0K
YoY Change	-76.63%	434.23%	-87.18%	298.51%	294.12%
Cash & Equivalents	$854.5K	$3.656M	$684.3K	$5.340M	$1.340M	$340.0K
Short-Term Investments
Other Short-Term Assets	$523.3K	$358.6K	$1.427M	$550.0K	$1.720M	$1.380M
YoY Change	45.94%	-74.87%	159.42%	-68.02%	24.64%
Inventory	$14.42M	$15.43M	$18.69M	$17.95M	$11.69M	$7.230M
Prepaid Expenses
Receivables	$6.485M	$6.271M	$25.65M	$11.91M	$3.090M	$3.040M
Other Receivables	$2.156M	$6.191M	$7.744M	$9.540M	$6.740M	$4.010M
Total Short-Term Assets	$24.44M	$31.91M	$54.19M	$45.29M	$24.58M	$16.00M
YoY Change	-23.41%	-41.12%	19.66%	84.26%	53.63%
Property, Plant & Equipment	$25.20M	$19.42M	$19.47M	$14.95M	$11.35M	$5.920M
YoY Change	29.74%	-0.27%	30.26%	31.72%	91.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$205.6K	$210.9K
YoY Change	-2.5%
Other Assets	$0.00	$566.4K	$673.2K	$880.0K	$540.0K	$380.0K
YoY Change	-100.0%	-15.86%	-23.5%	62.96%	42.11%
Total Long-Term Assets	$32.11M	$25.28M	$21.77M	$17.64M	$12.51M	$6.670M
YoY Change	27.05%	16.09%	23.42%	41.01%	87.56%
Total Assets	$56.55M	$57.18M	$75.97M	$62.93M	$37.09M	$22.67M
YoY Change
Accounts Payable	$10.80M	$6.279M	$17.62M	$23.24M	$10.76M	$5.360M
YoY Change	71.96%	-64.36%	-24.19%	115.99%	100.75%
Accrued Expenses	$2.148M	$2.040M	$2.826M	$6.320M	$920.0K	$1.090M
YoY Change	5.28%	-27.8%	-55.29%	586.96%	-15.6%
Deferred Revenue
YoY Change
Short-Term Debt	$23.92M	$21.29M	$32.42M	$15.14M	$14.54M	$9.070M
YoY Change	12.32%	-34.32%	114.12%	4.13%	60.31%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$40.53M	$31.51M	$60.57M	$51.37M	$29.40M	$17.50M
YoY Change	28.65%	-47.98%	17.9%	74.73%	68.0%
Long-Term Debt	$1.645M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$284.5K	$52.59K	$199.6K	$300.0K	$0.00
YoY Change	440.96%	-73.65%	-33.46%
Total Long-Term Liabilities	$1.929M	$52.59K	$199.6K	$300.0K	$0.00	$0.00
YoY Change	3568.44%	-73.65%	-33.46%
Total Liabilities	$42.59M	$31.85M	$61.64M	$52.33M	$29.84M	$17.87M
YoY Change	33.73%	-48.34%	17.8%	75.37%	66.98%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	14.01M shares	11.77M shares	10.13M shares	10.13M shares
Diluted Shares Outstanding	14.01M shares	11.77M shares	10.13M shares	10.13M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $5.9545 Million

About Ostin Technology Group Co Ltd

Ostin Technology Group Co., Ltd. operates as a holding company, which engages in the supply of display modules and polarizers. The company is headquartered in Nanjing, Jiangsu and currently employs 226 full-time employees. The company went IPO on 2022-04-27. The firm is mainly engaged in the development and manufacture of thin film transistor liquid crystal display (TFT-LCD) modules of various sizes and custom sizes. Its products are mainly used in consumer electronics, outdoor LCD displays and automotive displays. Its customers include computer, automotive electronics and LCD display manufacturers. The firm primarily conducts its businesses in domestic and foreign markets.

Industry: Electronic Components, NEC Peers: Wetouch Technology Inc