Oceanic Beverages Co., Inc. (1213) AI Stock Analysis

Oceanic Beverages Co., Inc.

(TWSE:1213)

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Rating:41Neutral

Price Target:TWD 6.50▼(-7.14% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by distressed financial performance, especially persistent negative cash flow and unprofitable operations. Weak technical momentum and a negative P/E further reduce the score, while the lightly leveraged balance sheet and 5.0% dividend yield provide limited offsetting support.

Positive Factors

Revenue RecoveryThe return to revenue growth indicates that demand for the company’s beverage offerings improved in the latest reported year. If maintained, top-line expansion can provide a broader base for operating leverage, product investment, and eventual recovery in earnings over the next several quarters.

Negative Factors

Unprofitable Core OperationsNegative gross and operating margins show that the core business is not currently covering its product and operating costs. Without a durable improvement in pricing, mix, or cost efficiency, revenue growth may not translate into sustainable earnings or stronger shareholder returns.

Oceanic Beverages Co., Inc. (1213) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 396.36M
Dividend Yield: 5.00%
Average Volume (3M): 20.85K
Price to Earnings (P/E): -7.4
Beta (1Y): 0.10
Revenue Growth: 16.70%
EPS Growth: -112.11%
Country: TW
Employees: 100
Sector: General
Sector Strength: 55
Industry: Beverages - Non-Alcoholic

Oceanic Beverages Co., Inc. Business Overview & Revenue Model

Company Description

Established in 1954 and based in New Taipei City, Taiwan, Oceanic Beverages Co., Inc. specializes in the manufacturing, wholesale distribution, and retail sales of a diverse array of soft drinks and other beverages. The company serves both the domest...

Oceanic Beverages Co., Inc. Financial Statement Overview

Summary

Financial quality is weak overall: the balance sheet is relatively strong and lightly leveraged, but severe cash burn, negative margins, persistent losses, and declining equity constrain the score.

Income Statement

18Very Negative

Balance Sheet

72Positive

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	312.76M	297.37M	190.55M	120.70M	390.95M	428.41M
Gross Profit	-6.12M	-7.40M	-42.47M	-94.46M	-14.81M	-10.02M
EBITDA	-32.82M	-31.01M	546.47M	-87.42M	-46.37M	-64.41M
Net Income	-54.22M	-48.38M	493.23M	-138.69M	-75.81M	-94.44M
Balance Sheet
Total Assets	740.45M	782.38M	796.04M	819.33M	1.06B	1.12B
Cash, Cash Equivalents and Short-Term Investments	93.71M	45.06M	297.07M	1.13M	8.10M	7.54M
Total Debt	61.69M	74.28M	2.09M	460.31M	494.58M	532.20M
Total Liabilities	118.77M	130.13M	75.60M	592.12M	692.58M	681.14M
Stockholders Equity	621.68M	652.25M	720.44M	227.21M	365.89M	441.71M
Cash Flow
Free Cash Flow	-65.77M	-75.79M	-365.02M	-95.10M	1.11M	-37.32M
Operating Cash Flow	-28.77M	-69.16M	-361.72M	-90.02M	9.45M	-27.65M
Investing Cash Flow	-31.81M	-10.68M	954.29M	144.47M	164.00K	69.04M
Financing Cash Flow	-31.13M	-18.18M	-450.63M	-73.00M	-8.57M	-62.95M

Oceanic Beverages Co., Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1213 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2941	62Neutral	TWD 400.14M	11.06	―	8.77%	3.67%	-18.16%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1213	41Neutral	TWD 396.36M	-7.37	―	5.00%	16.70%	-112.11%
TW:2726	40Underperform	TWD 247.59M	-2.15	―	―	-8.84%	-104.67%
TW:1781	35Underperform	TWD 407.71M	-8.04	―	―	-12.12%	-17.29%

* General Sector Average

Performance Comparison

TW:1213 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1213	Oceanic Beverages Co., Inc.	7.00	-3.15	-31.03%
TW:1293	Lytone Enterprise, Inc.	21.90	-3.30	-13.10%
TW:1781	Health & Life Co., Ltd.	8.60	-3.40	-28.33%
TW:2726	Yummy Town (Cayman) Holdings Corp.	6.29	-8.73	-58.11%
TW:2741	Renjie Oldsichuan Catering Management Consultant Co., Ltd.	16.00	-19.87	-55.39%
TW:2941	Mister International Enterprise Corp.	26.00	-16.54	-38.88%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 09, 2026

Oceanic Beverages Co., Inc. AI Stock Analysis