Ta Jiang Co., Ltd. (1453) AI Stock Analysis

Ta Jiang Co., Ltd.

(TWSE:1453)

Select Model

Rating:42Neutral

Price Target:TWD 10.00▼(-3.85% Downside)

Action:initiatedcoverage

Date:11/09/26

Severe financial weaknesses from collapsing revenue and negative cash flows dominate the low score, reinforced by bearish technical signals; fair valuation offers only minor support.

Positive Factors

Moderate leverageA debt-to-equity ratio below 0.5 provides a comparatively moderate leverage position and leaves some capacity to absorb operating volatility. Stable equity adds a capital cushion, supporting financial resilience even though rising debt and weak returns limit the quality of this strength.

Negative Factors

Persistent cash burnRepeatedly negative operating and free cash flow indicates that reported activity is not converting into internally generated liquidity. Large recent outflows can increase reliance on financing or asset movements, constrain reinvestment, and make the company more vulnerable if cash demands persist.

Ta Jiang Co., Ltd. (1453) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.22B
Dividend Yield: ―
Average Volume (3M): 34.75K
Price to Earnings (P/E): 15.4
Beta (1Y): 0.38
Revenue Growth: 4.78%
EPS Growth: ―
Country: TW
Employees: 17
Sector: General
Sector Strength: 55
Industry: Real Estate - Development

Ta Jiang Co., Ltd. Business Overview & Revenue Model

Company Description

Ta Jiang Co., Ltd., based in Taiwan, operates extensively in both the textile and construction industries. Its textile division covers a broad range of activities, from the spinning, dyeing, weaving, and finishing of fabrics and their raw materials t...

Ta Jiang Co., Ltd. Financial Statement Overview

Summary

Revenue collapse, deeply negative cash flows, and rising debt signal severe financial strain despite stable equity.

Income Statement

32Negative

Balance Sheet

47Neutral

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.48M	1.48M	1.38M	203.87M	248.56M	44.29M
Gross Profit	2.52M	4.20M	5.41M	64.92M	16.58M	25.91M
EBITDA	-42.73M	19.81M	18.05M	74.06M	-2.52M	115.46M
Net Income	78.77M	4.59M	1.87M	60.71M	-12.29M	106.04M
Balance Sheet
Total Assets	3.12B	2.93B	2.50B	2.07B	1.84B	1.89B
Cash, Cash Equivalents and Short-Term Investments	450.42M	456.49M	416.14M	471.42M	484.46M	316.36M
Total Debt	749.04M	678.96M	521.37M	476.67M	367.55M	173.84M
Total Liabilities	1.61B	1.48B	1.05B	623.27M	457.31M	494.30M
Stockholders Equity	1.50B	1.44B	1.44B	1.43B	1.37B	1.39B
Cash Flow
Free Cash Flow	-429.87M	-395.25M	-426.40M	-59.66M	-29.22M	-236.48M
Operating Cash Flow	-429.87M	-395.25M	-417.98M	-59.66M	-25.29M	-234.31M
Investing Cash Flow	30.62M	34.17M	22.49M	8.33M	37.02M	14.85M
Financing Cash Flow	300.88M	362.50M	390.17M	53.27M	-18.89M	227.97M

Ta Jiang Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1453 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5548	68Neutral	TWD 1.25B	10.40	―	4.82%	11.28%	2.68%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:9929	54Neutral	TWD 1.10B	22.08	―	―	4.36%	―
TW:9902	51Neutral	TWD 1.31B	19.70	―	2.25%	63.00%	1800.55%
TW:6219	45Neutral	TWD 1.29B	11.01	―	6.44%	9.98%	-32.64%
TW:1805	44Neutral	TWD 1.31B	71.17	―	―	-59.33%	-94.38%
TW:1453	42Neutral	TWD 1.21B	15.43	―	―	4.78%	―

* General Sector Average

Performance Comparison

TW:1453 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1453	Ta Jiang Co., Ltd.	10.40	-1.69	-13.96%
TW:1805	Better Life Group Co., Ltd.	9.70	-2.55	-20.82%
TW:5548	Ancang Construction Co., Ltd	20.50	1.66	8.79%
TW:6219	Full Wang International Development Co. Ltd.	10.40	-9.50	-47.74%
TW:9902	Tidehold Development Co., Ltd.	13.30	-3.95	-22.90%
TW:9929	Choice Development, Inc.	10.90	0.60	5.83%

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

Ta Jiang Co., Ltd. AI Stock Analysis