Chia Her Industrial Co., Ltd. (1449) AI Stock Analysis

Chia Her Industrial Co., Ltd.

(TWSE:1449)

Select Model

Rating:42Neutral

Price Target:TWD 10.00▼(-9.09% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by deteriorating profitability and negative operating and free cash flow. Bearish technical positioning and a negative P/E ratio provide additional risks, while balance-sheet improvement and oversold momentum indicators offer limited support.

Positive Factors

Revenue ResilienceRevenue growth across three consecutive years indicates continued demand for the company’s textile products and access to downstream customers. If maintained, this top-line resilience can provide a base for operational recovery and help preserve market relevance despite current profitability pressure.

Negative Factors

Severe Margin CompressionThe sharp gross-margin contraction and negative operating and EBITDA margins indicate that the core business is currently failing to convert sales into operating profit. Persistent margin weakness would limit reinvestment, weaken earnings quality, and make recovery dependent on substantial cost or pricing improvement.

Chia Her Industrial Co., Ltd. (1449) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.44B
Dividend Yield: ―
Average Volume (3M): 334.15K
Price to Earnings (P/E): -48.9
Beta (1Y): 0.87
Revenue Growth: 18.49%
EPS Growth: -219.81%
Country: TW
Employees: 903
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Chia Her Industrial Co., Ltd. Business Overview & Revenue Model

Company Description

Chia Her Industrial Co., Ltd., based in Taipei, Taiwan, specializes in the production and distribution of a wide array of textile goods. Their extensive product line features performance-oriented fabrics, fashionable textiles, specialized chaser mate...

Chia Her Industrial Co., Ltd. Financial Statement Overview

Summary

Weak profitability and cash generation outweigh balance-sheet improvement. Revenue declined 7.9% in 2025, EBIT margin was -11.2%, operating cash flow was negative $116.0 million, and free cash flow was negative $287.0 million.

Income Statement

42Neutral

Balance Sheet

55Neutral

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.15B	2.67B	2.89B	2.66B	2.48B	2.79B
Gross Profit	177.41M	198.84M	582.05M	399.93M	282.81M	253.19M
EBITDA	367.26M	-86.88M	448.52M	399.94M	370.26M	318.73M
Net Income	-24.33M	13.48M	88.34M	51.46M	85.45M	75.29M
Balance Sheet
Total Assets	8.47B	8.02B	6.43B	6.11B	6.13B	6.36B
Cash, Cash Equivalents and Short-Term Investments	917.38M	850.18M	390.25M	352.50M	247.66M	468.79M
Total Debt	3.53B	3.21B	3.35B	3.40B	3.42B	3.71B
Total Liabilities	5.35B	5.09B	4.42B	4.40B	4.55B	4.89B
Stockholders Equity	2.47B	2.27B	1.95B	1.65B	1.54B	1.44B
Cash Flow
Free Cash Flow	-631.82M	-287.02M	-99.53M	20.96M	-18.52M	209.52M
Operating Cash Flow	-344.20M	-115.99M	77.32M	182.97M	107.86M	266.63M
Investing Cash Flow	180.72M	330.57M	-277.21M	-77.26M	-41.97M	173.34M
Financing Cash Flow	548.15M	100.40M	193.56M	16.43M	-193.24M	-409.78M

Chia Her Industrial Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1449 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1456	58Neutral	TWD 1.45B	5.12	―	―	255.45%	488.61%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1452	48Neutral	TWD 1.38B	108.38	―	1.93%	-15.11%	―
TW:1474	48Neutral	TWD 1.28B	74.19	―	6.59%	-6.48%	-60.87%
TW:1449	42Neutral	TWD 1.41B	-48.93	―	―	18.49%	-219.81%
TW:1445	40Underperform	TWD 1.25B	-14.15	―	5.12%	-23.72%	64.74%
TW:1454	36Underperform	TWD 1.47B	-12.87	―	0.83%	-16.18%	-29.64%

* General Sector Average

Performance Comparison

TW:1449 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1449	Chia Her Industrial Co., Ltd.	11.00	0.41	3.83%
TW:1445	Universal Textile Co., Ltd.	9.76	-4.01	-29.10%
TW:1452	Hong Yi Fiber Industry Co., Ltd.	10.35	-1.28	-11.02%
TW:1454	Taiwan Taffeta Fabric Co., Ltd	12.10	-0.99	-7.58%
TW:1456	I-HWA Industrial Co., Ltd.	14.85	2.65	21.72%
TW:1474	Honmyue Enterprise Co., Ltd.	9.86	-1.55	-13.61%

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 10, 2026

Chia Her Industrial Co., Ltd. AI Stock Analysis