Honmyue Enterprise Co., Ltd. AI Stock Analysis
Honmyue Enterprise Co., Ltd. (1474) AI Stock Analysis
Honmyue Enterprise Co., Ltd.
(TWSE:1474)
Honmyue scores below average, driven primarily by weak earnings power: shrinking revenue, an operating loss, a 1.5% net margin and just 2.0% return on equity, with bottom-line profit reliant on non-operating items. Supporting factors include a conservatively financed balance sheet with steadily declining leverage and a notable recovery in operating and free cash flow, which limits financial risk. Technically, the shares remain in a downtrend below all key moving averages with negative MACD, although deeply oversold readings leave room for a short-term rebound. Valuation is a trade-off between an elevated 35.4x P/E and an appealing 6.68% dividend yield. A sustained recovery in volumes and operating profitability would be needed to materially improve the outlook.
Honmyue Enterprise Co., Ltd. (1474) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.27B
- Dividend Yield
- 6.59%
- Average Volume (3M)
- 76.79K
- Price to Earnings (P/E)
- 74.2
- Beta (1Y)
- 0.28
- Revenue Growth
- -6.48%
- EPS Growth
- -60.87%
- Country
- TW
- Employees
- 786
- Sector
- General
- Sector Strength
- 55
- Industry
- Manufacturing - Textiles
Honmyue Enterprise Co., Ltd. Business Overview & Revenue Model
Company Description
Honmyue Enterprise Co., Ltd., based in Changhua, Taiwan, is a textile manufacturer and distributor operating under its nüwa and Honyi brands. The company offers a diverse range of fabrics, including nylon, various polyester types (such as spun and so...
Honmyue Enterprise Co., Ltd. Financial Statement Overview
Summary
A weak income statement (score 38) dominates: revenue fell ~4.1% to NT$2.92bn, core operations slipped into a small operating loss, EBITDA margin compressed to 3.7%, and net income dropped ~59% to a thin 1.5% margin, with profits propped up by non-operating items. This is partly offset by a solid balance sheet (63) — equity funds ~58% of assets and debt-to-equity has fallen from 0.74 to 0.49 — and improving cash flow (57), where operating cash flow nearly tripled to NT$200.9m and free cash flow turned positive at NT$53.8m. Financial risk looks manageable, but return on equity of just 2.0% underscores very weak earnings power.
Income Statement
38NegativeBalance Sheet
63PositiveCash Flow
57Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.85B | 2.92B | 3.17B | 2.69B | 3.19B | 3.50B |
| Gross Profit | 290.59M | 330.34M | 288.96M | 210.78M | 406.04M | 515.65M |
| EBITDA | 73.06M | 109.09M | 239.97M | 79.28M | 239.72M | 300.99M |
| Net Income | 34.77M | 43.79M | 106.92M | -44.43M | 77.43M | 143.96M |
Balance Sheet | ||||||
| Total Assets | 3.77B | 3.68B | 3.90B | 3.77B | 3.88B | 4.26B |
| Cash, Cash Equivalents and Short-Term Investments | 773.94M | 516.69M | 468.21M | 446.71M | 639.61M | 672.07M |
| Total Debt | 1.13B | 1.05B | 1.09B | 1.11B | 1.17B | 1.53B |
| Total Liabilities | 1.57B | 1.51B | 1.72B | 1.73B | 1.75B | 2.17B |
| Stockholders Equity | 2.18B | 2.15B | 2.14B | 2.00B | 2.12B | 2.07B |
Cash Flow | ||||||
| Free Cash Flow | 188.47M | 53.79M | -36.44M | -231.64M | 202.71M | -177.08M |
| Operating Cash Flow | 341.79M | 200.95M | 68.59M | -131.47M | 370.19M | 174.65M |
| Investing Cash Flow | -152.85M | -115.00M | -19.04M | 29.83M | -78.78M | -392.50M |
| Financing Cash Flow | 64.76M | -35.53M | -27.95M | -99.36M | -268.93M | 93.57M |
Honmyue Enterprise Co., Ltd. Peers Comparison
Overall Rating
TW:145248Neutral- TW:147448Neutral
TW:141347Neutral
TW:144942Neutral
TW:146541Neutral
TW:144540Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 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:1413 | 47Neutral | TWD 1.20B | -110.37 | ― | ― | -20.27% | -15.87% |
| TW:1449 | 42Neutral | TWD 1.41B | -48.93 | ― | ― | 18.49% | -219.81% |
| TW:1465 | 41Neutral | TWD 1.17B | 19.31 | ― | 2.68% | -19.21% | ― |
| TW:1445 | 40Underperform | TWD 1.25B | -14.15 | ― | 5.12% | -23.72% | 64.74% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1474 | Honmyue Enterprise Co., Ltd. | 9.86 | -1.55 | -13.61% | |
| TW:1413 | HUNG CHOU FIBER IND. CO., LTD. | 9.15 | -0.90 | -8.96% | |
| TW:1445 | Universal Textile Co., Ltd. | 9.76 | -4.01 | -29.10% | |
| TW:1449 | Chia Her Industrial Co., Ltd. | 11.00 | 0.41 | 3.83% | |
| TW:1452 | Hong Yi Fiber Industry Co., Ltd. | 10.35 | -1.28 | -11.02% | |
| TW:1465 | Wisher Industrial Co., Ltd. | 11.20 | -1.25 | -10.03% |
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