Strong Free Cash Flow GenerationAsti's free cash flow rose 191.64% year-over-year and operating cash flow to net income is 8.96. This sustained cash conversion indicates durable internal funding to cover capex, dividends, or debt repayment, supporting financial flexibility and resilience through cycles.
Stable Balance Sheet And Manageable LeverageWith a debt-to-equity of 0.55 and an equity ratio of 53.29%, Asti carries manageable leverage and a strong equity base. This balance-sheet strength provides long-term financial flexibility to invest, absorb shocks, and pursue strategic initiatives without excessive refinancing risk.
Positive Gross Profit MarginGross profit margin of 9.11% shows the business retains a meaningful spread after direct costs. While decreased from prior periods, a positive gross margin supports pricing power and incremental margin recovery opportunities through cost control or product mix improvements over the medium term.