Free Cash Flow VolatilityVolatile free cash flow complicates long-term planning for capex and distributions; unpredictable FCF can force either higher retained earnings or increased borrowing during weaker years, limiting consistent capital allocation and shareholder returns.
Margin Pressure SignalA recent margin decline, even if modest, can indicate rising input costs, pricing pressure or mix shifts. If structural (raw materials, energy, or competitive pricing) it could erode durable profitability and require sustained cost discipline to restore margins.
Concentration / Disclosure Gap On CustomersHeavy orientation to electronics markets plus lack of disclosed customer concentrations increases revenue concentration risk. Limited transparency on major customers or contracts raises uncertainty about renewal, pricing leverage and downside in end-market cycles.