Nien Hsing Textile Co., Ltd. (1451) AI Stock Analysis

Nien Hsing Textile Co., Ltd.

(TWSE:1451)

Select Model

Rating:62Neutral

Price Target:TWD 17.50▲(2.34% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by a conservative balance sheet and attractive valuation, but is held back by weak cash generation, declining operating profitability, and bearish technical momentum.

Positive Factors

Very Low LeverageThe very low debt burden gives Nien Hsing substantial financial resilience through textile-cycle downturns. Limited leverage reduces refinancing and interest-cost pressure, preserves capacity to fund operations, and provides flexibility to withstand weaker demand without relying heavily on external financing.

Negative Factors

Deteriorating Cash GenerationRecent cash generation is materially weaker than reported earnings, with operating cash flow declining and free cash flow turning negative in 2025. This may constrain internally funded investment and dividends, while indicating that working-capital or capital-spending pressure could persist over coming quarters.

Nien Hsing Textile Co., Ltd. (1451) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.38B
Dividend Yield: 5.85%
Average Volume (3M): 111.85K
Price to Earnings (P/E): 10.1
Beta (1Y): 0.19
Revenue Growth: 8.77%
EPS Growth: -3.63%
Country: TW
Employees: 785
Sector: General
Sector Strength: 55
Industry: Manufacturing - Textiles

Nien Hsing Textile Co., Ltd. Business Overview & Revenue Model

Company Description

Nien Hsing Textile Co., Ltd. specializes in the global production and distribution of various textile products, including yarn, denim materials, and knitted apparel. Beyond its primary manufacturing operations, the company also engages in general inv...

Nien Hsing Textile Co., Ltd. Financial Statement Overview

Summary

A very strong balance sheet and low leverage support the score, but volatile profitability, weaker operating margins, and negative free cash flow materially reduce financial strength.

Income Statement

62Positive

Balance Sheet

91Very Positive

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.34B	6.26B	6.42B	6.36B	8.70B	8.01B
Gross Profit	810.55M	674.97M	697.22M	-11.23M	807.05M	673.22M
EBITDA	153.44M	255.66M	535.12M	-171.64M	784.45M	550.13M
Net Income	299.77M	349.07M	242.17M	-362.91M	426.46M	242.69M
Balance Sheet
Total Assets	8.87B	8.69B	8.42B	8.04B	9.17B	9.05B
Cash, Cash Equivalents and Short-Term Investments	1.29B	1.33B	2.11B	1.60B	1.61B	1.55B
Total Debt	201.27M	224.93M	234.25M	52.04M	258.18M	374.00M
Total Liabilities	1.48B	1.33B	1.30B	1.13B	1.56B	1.62B
Stockholders Equity	7.40B	7.37B	7.13B	6.91B	7.60B	7.43B
Cash Flow
Free Cash Flow	333.01M	-25.78M	162.41M	387.11M	76.57M	346.56M
Operating Cash Flow	367.62M	47.88M	208.41M	579.57M	190.93M	456.66M
Investing Cash Flow	306.07M	-570.64M	247.40M	-277.81M	-62.45M	151.72M
Financing Cash Flow	-166.27M	-276.64M	59.19M	-627.45M	-193.10M	-172.06M

Nien Hsing Textile Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1451 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1451	62Neutral	TWD 3.38B	10.12	―	5.85%	8.77%	-3.63%
TW:1423	57Neutral	TWD 3.25B	30.33	―	11.36%	-2.43%	80.38%
TW:1457	56Neutral	TWD 3.31B	10.37	―	7.14%	-20.14%	30.46%
TW:1435	55Neutral	TWD 2.74B	-25.03	―	―	-24.87%	-105.68%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1414	53Neutral	TWD 3.36B	33.88	―	7.58%	-6.95%	298.25%
TW:1443	53Neutral	TWD 3.18B	11.35	―	―	-6.37%	172.97%

* General Sector Average

Performance Comparison

TW:1451 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1451	Nien Hsing Textile Co., Ltd.	17.10	0.44	2.67%
TW:1414	Tung Ho Textile Co., Ltd.	17.30	-0.72	-3.97%
TW:1423	Reward Wool Industry Corporation	31.70	-4.36	-12.08%
TW:1435	Chung Fu Tex-International Corp.	19.00	-6.85	-26.50%
TW:1443	Lily Textile Co. Ltd.	23.15	-4.95	-17.62%
TW:1457	Yi Jinn Industrial Co.,Ltd	14.00	-1.44	-9.33%

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

Nien Hsing Textile Co., Ltd. AI Stock Analysis