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Reward Wool Industry Corporation (1423) AI Stock Analysis

TW:1423

Reward Wool Industry Corporation

(TWSE:1423)

Select Model
Rating:62Neutral
Price Target:TWD 34.00â–²(7.26% Upside)
Action:initiatedcoverage
Date:11/10/26

The score is primarily constrained by weak and volatile core operating performance, despite an exceptionally strong balance sheet and improved cash generation. Attractive valuation supports the score, while bearish technical trends remain a significant risk.

Positive Factors
Debt-Free Balance SheetA zero-debt balance sheet reduces leverage pressure and interest obligations, giving the company greater flexibility to withstand operating volatility. This financial resilience can preserve strategic options and support continued investment or shareholder distributions through the next several quarters.
Negative Factors
Declining Revenue TrendA multi-year pattern of generally declining revenue points to pressure on the company’s underlying textile operations and limits operating leverage. Without sustained top-line recovery, fixed costs become harder to absorb and future earnings growth may remain dependent on non-operating factors.

Reward Wool Industry Corporation (1423) vs. SPDR S&P 500 ETF (SPY)

-15%-10%-5%0%5%10%15%20%TW:1423-12.86%SPY+14.30%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 3.11B
Dividend Yield
11.36%
Average Volume (3M)
11.20K
Price to Earnings (P/E)
30.3
Beta (1Y)
0.23
Revenue Growth
-2.43%
EPS Growth
80.38%
Country
TW
Employees
46
Sector
General
Sector Strength
55
Industry
Manufacturing - Textiles

Reward Wool Industry Corporation Business Overview & Revenue Model

Company Description

Reward Wool Industry Corporation manufactures and sells wool products in Taiwan, Japan, South Korea, and internationally. It offers wool tops; special processing tops comprising superwash, superwash soft, kroy treated only, soft lustre, bosolan, open...

Reward Wool Industry Corporation Financial Statement Overview

Summary

The debt-free balance sheet and strong 2025 cash generation are offset by persistent negative gross profit, negative operating margins, declining multi-year revenue, and volatile results.

Income Statement

24Negative

Balance Sheet

91Very Positive

Cash Flow

78Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue86.88M85.39M104.44M124.19M175.94M190.15M
Gross Profit13.71M-13.78M-27.79M-38.94M-1.43M-28.61M
EBITDA256.71M-57.66M79.31M102.62M94.88M203.18M
Net Income339.31M433.97M80.80M70.53M73.35M153.94M
Balance Sheet
Total Assets3.99B3.92B3.46B3.14B3.32B3.42B
Cash, Cash Equivalents and Short-Term Investments1.16B1.12B727.68M698.11M639.47M518.86M
Total Debt000000
Total Liabilities575.58M246.56M225.20M282.72M276.81M309.95M
Stockholders Equity3.42B3.67B3.23B2.86B3.04B3.11B
Cash Flow
Free Cash Flow192.28M434.39M11.13M120.57M314.50M390.50M
Operating Cash Flow200.79M439.91M52.92M149.34M315.20M394.22M
Investing Cash Flow69.15M-86.32M-257.15M100.19M-91.97M10.55M
Financing Cash Flow-80.62M-80.80M-59.01M-415.09M-102.63M-247.75M

Reward Wool Industry Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:1423 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:1416TW:141669NeutralTWD 3.40B17.22―2.83%24.47%91.63%
TW:1423TW:142362NeutralTWD 3.25B30.33―11.36%-2.43%80.38%
TW:1435TW:143555NeutralTWD 2.74B-25.03――-24.87%-105.68%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:1414TW:141453NeutralTWD 3.36B33.88―7.58%-6.95%298.25%
TW:1443TW:144353NeutralTWD 3.18B11.35――-6.37%172.97%
TW:1451TW:145153NeutralTWD 3.38B10.12―5.85%8.77%-3.63%

* General Sector Average

Performance Comparison

-50%0%50%TW:1423TW:1414TW:1416TW:1435TW:1443TW:1451Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:1423 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:1423Reward Wool Industry Corporation31.70-4.36-12.08%
TW:1414Tung Ho Textile Co., Ltd.17.30-0.72-3.97%
TW:1416Kwong Fong Industries Corporation20.158.8378.05%
TW:1435Chung Fu Tex-International Corp.19.00-6.85-26.50%
TW:1443Lily Textile Co. Ltd.23.15-4.95-17.62%
TW:1451Nien Hsing Textile Co., Ltd.17.100.442.67%
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