NuAxiSemiconductor trade intelligence

EMS under the hood: Capital efficiency and overall winners

What happened

Hanza and Incap lead the EMS sector with net working capital efficiency below 20% of revenue. Kitron holds €117M in customer deposits, while Lacroix and TT Electronics show improvement post-restructuring. Bullish: Optimized capital efficiency enhances supply chain stability.

Impact and signal

Medium impactImpact score: 60/100

Affected components and suppliers

HanzaIncapKitronLacroixTT ElectronicsNOTE

inventoryfinancialcapital-efficiency

Source and time

Source: Evertiq · 10/1/2026 · View original source

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EMS under the hood: Capital efficiency and overall winners

What happened

Impact and signal

Affected components and suppliers

Source and time

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