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![DutchInvestors Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1757431687732985856.png) The Dutch Investors 🦁 [@DutchInvestors](/creator/twitter/DutchInvestors) on x 2810 followers
Created: 2025-07-13 07:55:15 UTC

Philips $PHIA.AS $PHG was once an innovative consumer company, making TVs, radios and lightbulbs. Comparable with today’s $SONY or even $ASML.

But due to poor capital allocation and a lack of innovation, it’s become a shadow of its former self.

Out of curiosity, I skimmed their annual report. Turns out they barely manufacture anything themselves anymore. Low-cost Asian factories do the work, using Philips’ patents. Philip’s logo gets slapped on, and Philips earns a licensing fee.

Meanwhile, debt levels are sky-high (compared to their cash level and EBITDA).

Not the kind of business long-term quality investors get excited about.

![](https://pbs.twimg.com/media/GvuOtt_W8AArlnp.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944304603337502988/c:line.svg)

**Related Topics**
[asml](/topic/asml)
[$6758t](/topic/$6758t)
[sony](/topic/sony)
[$asml](/topic/$asml)
[$sony](/topic/$sony)
[$phiaas](/topic/$phiaas)
[philips](/topic/philips)
[$phg](/topic/$phg)

[Post Link](https://x.com/DutchInvestors/status/1944304603337502988)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

DutchInvestors Avatar The Dutch Investors 🦁 @DutchInvestors on x 2810 followers Created: 2025-07-13 07:55:15 UTC

Philips $PHIA.AS $PHG was once an innovative consumer company, making TVs, radios and lightbulbs. Comparable with today’s $SONY or even $ASML.

But due to poor capital allocation and a lack of innovation, it’s become a shadow of its former self.

Out of curiosity, I skimmed their annual report. Turns out they barely manufacture anything themselves anymore. Low-cost Asian factories do the work, using Philips’ patents. Philip’s logo gets slapped on, and Philips earns a licensing fee.

Meanwhile, debt levels are sky-high (compared to their cash level and EBITDA).

Not the kind of business long-term quality investors get excited about.

XXXXX engagements

Engagements Line Chart

Related Topics asml $6758t sony $asml $sony $phiaas philips $phg

Post Link

post/tweet::1944304603337502988
/post/tweet::1944304603337502988