olivLaw · US equity research
Ostin Technology Group Co., Ltd. OST
Electronic Components, NEC · SIC 3679 · Vertical: Electronic Components, NEC (SIC 3679)
Ostin Technology Group is a China-based supplier of TFT-LCD display modules and polarizers, active also through its own Pintura IoT products. The company is going through a weak phase of the LCD industry cycle and a series of share issuances to fund itself, which makes its capital structure a central topic. The key figures concern the timing of its financing: 1.4 million USD in February 2025 and 5.0 million USD in April 2025.
The AI analysis may be outdated: new filings came after its sources (see the «AI analysis» section).
At the close of 03 Nov 2026, Ostin Technology Group Co., Ltd. (OST) stock was 1.70 USD (+0.00% on the day), with market capitalisation 23.7 m USD, beta 0.50, 52-week range 1.70–1.70 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 28.1
- oversold (≤ 30)
- Bollinger (20, 2)
- 1.62 – 1.80
- in the lower half of the band · %B 0.42 · band width 10.5%
- SMA 50 / 200
- 1.83 / 52.05
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.73 / -1.06
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | unavailable | −1.1% | unavailable | — |
| 3 months | unavailable | −0.5% | unavailable | — |
| 6 months | unavailable | +4.4% | unavailable | — |
| Year to date | unavailable | +12.3% | unavailable | — |
| 1 year | unavailable | +13.5% | unavailable | +14.7% |
| 3 years | −99.1% | +76.4% | −175.5 pp | +61.4% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 140.1 m | 167.7 m | 105.4 m | 57.5 m | 32.5 m | 39.7 m |
| Revenue YoY | unavailable | +19.8% | −37.2% | −45.4% | −43.6% | +22.2% |
| Net income | 2.8 m | 3.3 m | 112.2 k | -11.0 m | -10.2 m | -10.3 m |
| Net income YoY | unavailable | +16.4% | −96.6% | −9,914.0% | unavailable | unavailable |
| Diluted EPS | 0.27 | 0.30 | 0.17 | -196.59 | -168.50 | -4.38 |
| Diluted EPS YoY | unavailable | +11.1% | −43.3% | −115,741.2% | unavailable | unavailable |
| net % | 2.0% | 2.0% | 0.1% | -19.1% | -31.4% | -26.0% |
| Free cash flow | 4.0 m | -23.9 m | 4.6 m | -7.1 m | -7.4 m | -7.1 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 30 Sept 2025
- Cash
- 5.1 m USD
- Financial debt
- 25.6 m USD
- Net debt
- 20.6 m USD
- Equity
- 11.0 m USD
- Total assets
- 53.2 m USD
- Debt / equity
- 2.34x
- Current ratio
- 0.46x
- ROE
- -109.4%
- ROA
- -19.8%
- FCF margin
- -17.9%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 140.1 m | 167.7 m | 105.4 m | 57.5 m | 32.5 m | 39.7 m | SEC (XBRL)· 26 Jan 2026verified |
| Cost of revenue | 128.5 m | 150.4 m | 92.8 m | 55.5 m | 30.8 m | 37.1 m | SEC (XBRL)· 26 Jan 2026verified |
| Gross profit | 11.6 m | 17.4 m | 12.6 m | 2.1 m | 1.7 m | 2.5 m | SEC (XBRL)· 26 Jan 2026verified |
| Research & development | 2.8 m | 5.7 m | 2.5 m | 2.8 m | 1.7 m | 2.5 m | SEC (XBRL)· 26 Jan 2026verified |
| Operating income | 3.5 m | 3.2 m | 450.4 k | -10.3 m | -9.5 m | -9.1 m | SEC (XBRL)· 26 Jan 2026verified |
| Interest expense | — | 128.8 k | 67.7 k | 10.6 k | 64.7 k | 141.9 k | SEC (XBRL)· 26 Jan 2026verified |
| Pre-tax income | 2.7 m | 3.2 m | 439.2 k | -10.8 m | -10.2 m | -10.3 m | SEC (XBRL)· 26 Jan 2026verified |
| Income tax | -126.7 k | -57.1 k | 326.9 k | 227.3 k | 23.2 k | 15.6 k | SEC (XBRL)· 26 Jan 2026verified |
| Net income | 2.8 m | 3.3 m | 112.2 k | -11.0 m | -10.2 m | -10.3 m | SEC (XBRL)· 26 Jan 2026verified |
| Diluted EPS | 0.27 | 0.30 | 0.17 | -196.59 | -168.50 | -4.38 | SEC (XBRL)· 26 Jan 2026verified |
| Weighted average diluted shares | 10.1 m | 10.1 m | 1.2 m | 56.0 k | 59.8 k | 2.3 m | SEC (XBRL)· 26 Jan 2026verified |
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 5.4 m | 684.3 k | 3.7 m | 854.5 k | 1.0 m | 5.1 m | SEC (XBRL)· 26 Jan 2026verified |
| Receivables | — | — | 6.3 m | 6.5 m | 3.9 m | 3.5 m | SEC (XBRL)· 26 Jan 2026verified |
| Inventories | — | 18.7 m | 15.4 m | 14.4 m | 11.1 m | 6.3 m | SEC (XBRL)· 26 Jan 2026verified |
| Current assets | — | 54.2 m | 31.9 m | 24.4 m | 20.8 m | 18.4 m | SEC (XBRL)· 26 Jan 2026verified |
| Property, plant & equipment, net | — | 19.4 m | 19.4 m | 25.1 m | 24.5 m | 29.7 m | SEC (XBRL)· 26 Jan 2026verified |
| Intangibles (excl. goodwill) | — | 127.1 k | 3.0 m | 5.0 m | 4.3 m | 3.6 m | SEC (XBRL)· 26 Jan 2026verified |
| Total assets | — | 76.0 m | 57.2 m | 56.5 m | 51.1 m | 53.2 m | SEC (XBRL)· 26 Jan 2026verified |
| Accounts payable | — | 17.6 m | 6.3 m | 10.8 m | 6.3 m | 8.1 m | SEC (XBRL)· 26 Jan 2026verified |
| Short-term debt | — | 32.4 m | 21.0 m | 23.9 m | 25.0 m | 23.2 m | SEC (XBRL)· 26 Jan 2026verified |
| Long-term debt | — | 194.0 k | — | 1.6 m | 1.7 m | 2.4 m | SEC (XBRL)· 26 Jan 2026verified |
| Current liabilities | — | 60.6 m | 31.6 m | 40.5 m | 41.0 m | 39.7 m | SEC (XBRL)· 26 Jan 2026verified |
| Total liabilities | — | 60.8 m | 31.6 m | 42.5 m | 43.2 m | 42.3 m | SEC (XBRL)· 26 Jan 2026verified |
| Equity | 11.3 m | 15.2 m | 25.6 m | 14.1 m | 7.9 m | 11.0 m | SEC (XBRL)· 26 Jan 2026verified |
| Shares outstanding at year end | — | — | — | 14.0 m | — | — | SEC (XBRL)· 31 Jan 2024verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 7.7 m | -17.7 m | 9.7 m | -2.6 m | -4.9 m | 85.2 k | SEC (XBRL)· 26 Jan 2026verified |
| Capex | 3.7 m | 6.2 m | 5.1 m | 4.5 m | 2.4 m | 7.2 m | SEC (XBRL)· 26 Jan 2026verified |
| Free cash flow | 4.0 m ≈ | -23.9 m ≈ | 4.6 m ≈ | -7.1 m ≈ | -7.4 m ≈ | -7.1 m ≈ | SEC (XBRL)· 26 Jan 2026derived |
| Investing cash flow | -5.2 m | -5.2 m | -6.9 m | -7.0 m | -1.4 m | -7.3 m | SEC (XBRL)· 26 Jan 2026verified |
| Financing cash flow | 210.5 k | 18.6 m | 11.8 k | 7.7 m | 6.7 m | 10.9 m | SEC (XBRL)· 26 Jan 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 23 / 100
A scoring methodology on indicators and valuation, not investment advice.
score < 40
Closing price
03 Nov 2026Source: olivLaw, closing series
Market cap: 23.7 m USD
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
- Balance sheet0
- Growth22
- Valuation48
- Quality3
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 1.90 – 15.50 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · the base of the ratio is not positive
- Peers: EV/Sales1.90 – 15.50 (Mid 9.02)5 companies used · median multiple 3.7x · quartiles 1.2x – 6.0xAEIS, MVIS, NSYS, VREX, VRT
- Peers: EV/EBITDAunavailable · input data missing
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Unattractive profile · Score 23/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 6.4% | 0 (on a fixed band) | 12% |
| EBIT margin · Quality | -22.9% | 9 (vs peers) | 10% |
| FCF margin · Quality | -17.9% | 0 (on a fixed band) | 10% |
| Revenue CAGR 3Y · Growth | -27.8% | 0 (on a fixed band) | 19% |
| Revenue growth (YoY) · Growth | 22.2% | 67 (vs peers) | 10% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 0.5x | 0 (on a fixed band) | 7% |
| EV/Sales · Valuation | 1.1x | 83 (vs peers) | 19% |
| FCF yield · Valuation | -30.0% | 0 (on a fixed band) | 14% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial0/100 · 1/2 factors with a value
- Growth22/100 · 2/2 factors with a value
- Quality3/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/1 factors with a value
- Valuation48/100 · 2/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Ostin Technology Group Co., Ltd. (OST). Latest full fiscal year: 2025; data up to 2025-09-30.
Figures computed from the financial statements: revenue 39.7 m USD in 2025; YoY growth 22.2%; net margin -26.0%; ROE -169.1%.
The estimated value range is 1.90–15.50 USD per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 9.02 USD, the price of 1.70 USD leaves a potential of 432.0% (value / price − 1) and a margin of safety of 81.2% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 23/100, methodological classification: unattractive profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: balance, returns. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EV/Sales: 1.1x
- The price is below the estimated value range
What contradicts it
- Gross margin: 6.4%
- EBIT margin: -22.9%
- FCF margin: -17.9%
- Revenue CAGR 3Y: -27.8%
- Current ratio: 0.5x
- FCF yield: -30.0%
Not assessed (insufficient data or a ratio without meaning): Net debt / EBITDA, Shareholder yield (distributions).
Versus the vertical median
Electronic Components, NEC (SIC 3679) · same industry (4-digit SIC) · compared with 12 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| VRTVertiv Holdings Co | 79.1 bn | 38.4 | 46.6% | 16.0% | +27.7% | +14% / +371% |
| AEISAdvanced Energy Industries, Inc. | 8.6 bn | 30.4 | 19.9% | 12.7% | +21.4% | +0% / +123% |
| PIImpinj, Inc. | 5.6 bn | — | -3.8% | -2.5% | −1.4% | +5% / +116% |
| VICRVicor Corporation | 1.9 bn | 41.7 | 23.5% | 32.2% | +26.1% | +78% / +335% |
| VREXVarex Imaging Corp | 779.3 m | 35.4 | 4.6% | 2.6% | +4.1% | +60% / −2% |
| MPTIM-tron Industries, Inc. | 277.8 m | 23.5 | 12.4% | 16.3% | +11.0% | +24% / +85% |
| ESPEspey Mfg. & Electronics Corp. | 152.7 m | 12.9 | 20.1% | 24.2% | +4.9% | +29% / +197% |
| LGLLgl Group Inc | 84.6 m | — | -0.6% | -5.0% | −2.9% | +15% / +38% |
| MVISMicroVision, Inc. | 42.2 m | — | -197.8% | -2,230.6% | −74.3% | −91% / −97% |
| NSYSNortech Systems Incorporated | 31.2 m | 29.4 | 3.0% | 0.6% | +723.6% | +59% / +26% |
| OSTOstin Technology Group Co., Ltd. | 23.7 m | — | -169.1% | -26.0% | +22.2% | unavailable / −99% |
| NEONNeonode Inc. | 10.5 m | 1.3 | 48.6% | 397.8% | −33.7% | −72% / −52% |
| LPLLG Display Co., Ltd. | — | — | -37.2% | -9.6% | +24.8% | −39% / −45% |
1- and 3-year price returns: for OST from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Jan 2026; since then the company filed 6-K (18 Jun 2026), 6-K (01 Apr 2026).
In brief
Ostin Technology Group is a China-based supplier of TFT-LCD display modules and polarizers, active also through its own Pintura IoT products. The company is going through a weak phase of the LCD industry cycle and a series of share issuances to fund itself, which makes its capital structure a central topic. The key figures concern the timing of its financing: 1.4 million USD in February 2025 and 5.0 million USD in April 2025 1.
SWOT
Strengths
- The company has its own polarizer factory and custom module production lines, giving it control over the process 1. Over a decade of industry experience and in-house development capability are, according to the report, advantages it applies to new products 1.
- Its own IoT product line, including the conference systems and Pintura, offers a path to differentiate from suppliers of simple modules 1. Customer feedback, described as positive, supported the rebound in orders at the end of 2024 1.
- Presence across multiple channels, B2B and online B2C, lets the company reach end customers and diversify revenue 1.
Weaknesses
- Sales have declined over several consecutive years, and the company depends on an industry cycle it does not control 1. Order volumes from upstream customers remain under persistent pressure 1.
- The company has funded operations through repeated share and warrant issuances at low prices with significant dilution, which points to a need for working capital 1.
- Voting control is concentrated in one shareholder through the SHYD entity, which limits the influence of other shareholders on decisions 1.
Opportunities
- If the automotive and commercial display segments keep growing, Ostin could leverage the custom sizes it already produces 1. IoT products could generate higher revenue than standard modules, in management's view 1.
- Expansion on e-commerce platforms and into European markets could increase Pintura product volumes, if the 2025 plan is executed 1.
- Industry consolidation could concentrate orders at large suppliers, and Ostin hopes to expand its market share in 2026 1.
Threats
- The LCD industry is dominated by a few large producers who can influence prices and production capacity, and a small supplier can be marginalized 1.
- If customers do not rebuild their inventories or demand stays weak, the expected recovery could be delayed 1.
- Dependence on the Chinese market and risks linked to the local regulatory framework could affect operations, as the report notes 1.
Risks
- Dependence on the LCD industry cyclehigh
Sales have declined since 2023 and orders remain under pressure, so revenue depends on a recovery in customer demand 1.
- Dilution from share and warrant issuanceshigh
The company has raised financing through several successive issuances at low prices with reset warrants, which can reduce the value of existing shares 1.
- Control concentrated in one shareholdermedium
The SHYD entity controls most voting rights, which may limit the influence of other shareholders 1.
- Execution risk for IoT productsmedium
Expansion into new markets and B2C channels requires marketing resources and inventory, and results can be delayed if adoption is slower 1.
- Regulatory and approval risk in Chinamedium
The report warns that if required approvals are not obtained or maintained, or if legal interpretations change, operations could be affected 1.
Investment thesis
What would need to be true (bull case)
- If the LCD industry settles into a more stable phase with weaker cycles, the company could recover the volumes lost since 2023 1.
- Its own IoT lines and the automotive and commercial display segments could become growth drivers if adoption continues 1.
- If consolidation favors top suppliers, Ostin could gain market share, in line with management's projection 1.
What would break the thesis
- If customer demand does not recover, sales could stay below earlier levels and margin pressure could persist 1.
- Repeated financing through shares and warrants could lead to further dilution if the need for capital continues 1.
- Concentrated control in one shareholder and regulatory risks could limit flexibility and the confidence of minority investors 1.
What to watch
- Trend in quarterly revenue and the rebound in customer ordersQ1 2027
- Progress of Pintura IoT product sales on online channels and in Europe2027
- Updates on dilution and the use of capital raised through issuancesnext 10-K
- Development of market share during LCD industry consolidation, against the 2026 projection2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
Possibly outdated: the newest document it read is from 26 Jan 2026; since then the company filed 6-K (18 Jun 2026), 6-K (01 Apr 2026).
The business
Ostin designs, develops and manufactures TFT-LCD modules in various sizes, including custom configurations, used in consumer electronics, commercial LCD displays and automotive displays 1. It also makes polarizers for TFT-LCD modules and is developing protective films for OLED panels, which the report says entered mass production in the second half of fiscal 2025 1. Operations run through subsidiary Jiangsu Austin and its subsidiaries, with headquarters in Nanjing and three factories, two in Sichuan and one in Jiangsu, covering 50,335 square meters 1.
Beyond B2B, Ostin distributes display products through B2C online channels such as the Tmall flagship store, JD.com and Douyin online stores 1. Its own IoT product line, including the all-in-one intelligent conference system and the Pintura wireless photo transmission system, was launched in 2024, and the company anticipates expanding into software services for these products in 2026 1. According to the report, these products received positive feedback and drove a rebound in orders by the end of 2024 1.
The legal structure is a holding company incorporated in the Cayman Islands, controlled by management through SHYD Investment Management Limited, which holds, according to the report, about 76.5% of the voting power 1. Class A shares trade on Nasdaq after two reverse share splits, in December 2024 and August 2025 1.
Segments
TFT-LCD display modules
Display modules are the core product, sold for consumer electronics, commercial displays and automotive use, in standard and customer-specified sizes 1. The report shows their sales declined from 2023 through the report date as customers reduced inventories 1.
Polarizers and protective films
Polarizers for TFT-LCD modules are made at the Chengdu factory and were introduced in 2019, covering VA and IPS variants 1. The protective film for OLED panels, produced on existing polarizer lines, is the new direction, with mass production in the second half of fiscal 2025 1.
Pintura IoT products
This line includes the all-in-one conference system and the Pintura wireless photo transmission system, launched in 2024, with a focus on the B2C channel, expansion on e-commerce platforms and entry into European markets 1. The company says these products are among the drivers it relies on for future growth 1.
Market context
Ostin operates in the global LCD display market, where production is concentrated in mainland China, with a stable duopoly formed by BOE and TCL CSOT, according to the report 1. The company describes the industry as entering a mature phase, with weaker cycles and growth concentrated in premium segments such as ultra-large TVs, gaming monitors and automotive displays 1. If the depletion of customer inventories accelerates, demand could recover faster than expected, though this remains management's assumption 1.
Management expects consolidation to concentrate orders among leading players, which could support the company's market share in 2026 if this projection holds 1. Industry profitability will increasingly depend on presence in high-value segments and proprietary technology, not only on panel prices 1.
Trends
- Cyclical decline in LCD demandmixed
The report describes the last three years as a cyclical trough, in which customers cut orders to optimize inventory, leading to lower sales from 2023 1. If the cycle fades, pressure on volumes could ease.
- Consolidation of the LCD industrymixed
Large capital expenditure competition has largely ended, and suppliers can better adjust utilization and price balance, which could favor large and stable players 1. For a smaller supplier, this may be a competitive pressure.
- Automotive and commercial display segmentstailwind
Multi-screen automotive displays and smart commercial displays are described as new growth drivers, a direction in which Ostin is expanding its offering 1. If these segments grow, they could offset weakness in TVs and monitors.
- Pressure on panel pricesheadwind
Management expects panel prices to stabilize within a reasonable range, which would bring more consistent profitability across suppliers but limit margins for those without added value 1. The effect depends on the company's ability to shift its mix toward higher-margin products.
Competitive position
The market is dominated by large Chinese producers, and the report explicitly names BOE and TCL CSOT as a stable duopoly in global LCD production 1. Ostin positions itself as a niche supplier with customized products and its own IoT lines, not as a large-scale panel maker 1.
In the IoT segment, competition comes from commercial display and consumer electronics makers, and Ostin differentiates through proprietary technology and B2C sales on online platforms 1. The report offers no quantitative comparison with these rivals, so the advantage remains unconfirmed 1.
- BOE Technology Group
Major Chinese LCD panel maker, cited in the report as part of the duopoly leading global LCD production 1.
- TCL CSOT
Panel subsidiary of the TCL group, cited as the second pillar of the Chinese LCD duopoly 1.
- Commercial display makers
Companies supplying smart commercial displays, a segment Ostin targets as a growth direction 1.
- Consumer electronics makers with IoT
Companies in smart conferencing and wireless transmission, where Ostin's Pintura systems compete 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
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News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report (foreign issuer)18 Jun 2026
- Current report (foreign issuer)01 Apr 2026
- Annual report (foreign issuer)26 Jan 2026
- Current report (foreign issuer)08 Jan 2026
- Current report (foreign issuer)13 Nov 2025
- Current report (foreign issuer)21 Oct 2025
- Current report (foreign issuer)26 Sept 2025
- Current report (foreign issuer)06 Aug 2025
- Current report (foreign issuer)18 Jul 2025
- Current report (foreign issuer)03 Jul 2025
Sources
- [1] Form 20-F, fiscal year ended 2025-09-30 · SEC / Ostin Technology Group Co., Ltd. · 26 Jan 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.