Strong Free Cash Flow GenerationSustained, large FCF growth and a 0.71 FCF-to-net-income ratio indicate durable cash generation. This supports capex funding, dividends and debt repayment without relying on external financing, improving long-term financial flexibility and strategic optionality.
Improving Revenue And Gross MarginRebound in revenue combined with margin expansion signals structural operational improvement and cost control. If sustained, this enhances earnings resiliency, funds reinvestment in R&D and capacity, and supports competitive positioning in laminates and PCBs.
Low Leverage, Healthy Balance SheetVery low leverage provides a durable buffer against cyclical downturns and funds strategic investments without heavy refinancing. Strong equity financing mix supports creditworthiness, lowers interest burden, and preserves capacity for M&A or capex when opportunities arise.