Kian Shen Corporation AI Stock Analysis
Kian Shen Corporation (1525) AI Stock Analysis
Kian Shen Corporation
(TWSE:1525)
Kian Shen scores below average overall. The dominant drag is operating performance: sales have fallen for two consecutive years, core operating margin is only 3.3%, reported profit relies on non-operating gains, and free cash flow remains negative with operating cash flow covering just a fraction of net income. This is partly balanced by a fortress balance sheet with minimal debt and ~88% equity funding, which sharply limits solvency risk. Technicals add to the caution, with the price below all key moving averages and negative MACD, while valuation is a trade-off between a rich 41.9x P/E and a supportive 4.5% dividend yield. A sustained recovery in revenue and cash conversion would be needed to justify a materially higher score.
Kian Shen Corporation (1525) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.55B
- Dividend Yield
- 4.52%
- Average Volume (3M)
- 14.32K
- Price to Earnings (P/E)
- 30.0
- Beta (1Y)
- 0.22
- Revenue Growth
- 3.84%
- EPS Growth
- -46.56%
- Country
- TW
- Employees
- 335
- Sector
- General
- Sector Strength
- 55
- Industry
- Auto - Parts
Kian Shen Corporation Business Overview & Revenue Model
Company Description
Kian Shen Corporation, established in 1955 and based in Taoyuan City, Taiwan, specializes in the manufacturing and supply of various automotive components. Its extensive product range encompasses frames for trucks and buses, electric scooter chassis,...
Kian Shen Corporation Financial Statement Overview
Summary
A very strong balance sheet (score 81) is offset by weak earnings quality and poor cash generation. Equity funds roughly 88% of assets and debt-to-equity is only about 3% after cutting borrowings from NT$509M to NT$151M, giving ample downside protection. However, revenue has declined two straight years to about NT$1.25B (-15% latest year), core operating margin is just 3.3%, and the headline NT$236M net profit is driven largely by non-operating gains rather than the parts business (income statement score 43). Cash flow is the weakest link (score 28): operating cash flow of about NT$60M covers only ~16% of net income and free cash flow was negative again at roughly -NT$52M. Gross margin improvement to 13.1% and consistent profitability are positives, but ROE has slipped to ~4.7% on an underutilized asset base.
Income Statement
43NeutralBalance Sheet
81Very PositiveCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.31B | 1.25B | 1.46B | 1.60B | 1.50B | 1.28B |
| Gross Profit | 205.66M | 163.31M | 178.50M | 180.75M | 147.50M | 103.89M |
| EBITDA | 166.37M | 129.58M | 463.46M | 163.98M | 395.54M | 425.24M |
| Net Income | 107.58M | 235.77M | 302.16M | 403.82M | 269.82M | 306.77M |
Balance Sheet | ||||||
| Total Assets | 5.93B | 5.71B | 5.86B | 5.75B | 5.61B | 5.32B |
| Cash, Cash Equivalents and Short-Term Investments | 2.14B | 1.55B | 1.87B | 1.86B | 1.37B | 805.98M |
| Total Debt | 158.58M | 151.19M | 187.06M | 293.20M | 512.68M | 406.72M |
| Total Liabilities | 939.02M | 683.26M | 865.80M | 967.47M | 989.56M | 884.96M |
| Stockholders Equity | 4.99B | 5.02B | 4.99B | 4.78B | 4.62B | 4.44B |
Cash Flow | ||||||
| Free Cash Flow | 582.16M | -52.43M | -74.33M | 33.61M | -147.91M | -28.78M |
| Operating Cash Flow | 710.93M | 60.01M | 19.53M | 106.33M | -66.67M | -1.03M |
| Investing Cash Flow | -166.14M | -94.63M | 293.47M | -147.88M | 800.33M | 617.09M |
| Financing Cash Flow | -228.10M | -263.43M | -353.75M | -181.43M | -164.59M | -247.41M |
Kian Shen Corporation Peers Comparison
Overall Rating
TW:698363Neutral
TW:249762Neutral
TW:456954Neutral- TW:152548Neutral
TW:152844Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6983 | 63Neutral | TWD 4.55B | 53.63 | ― | 1.98% | ― | ― |
| TW:2497 | 62Neutral | TWD 4.82B | 10.95 | ― | 5.43% | 2.76% | 39.47% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4569 | 54Neutral | TWD 4.24B | 15.79 | ― | 2.30% | 12.32% | 150.98% |
| TW:1525 | 48Neutral | TWD 4.55B | 29.95 | ― | 4.52% | 3.84% | -46.56% |
| TW:1528 | 44Neutral | TWD 4.70B | -75.44 | ― | 0.39% | 2.48% | 45.58% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1525 | Kian Shen Corporation | 61.90 | 1.77 | 2.95% | |
| TW:1528 | Anderson Industrial Corp. | 28.20 | 13.55 | 92.49% | |
| TW:2497 | E-Lead Electronic Co., Ltd. | 36.65 | -3.81 | -9.41% | |
| TW:4569 | Sixxon Tech Co Ltd | 143.00 | -3.59 | -2.45% | |
| TW:6983 | HUA YANG Precision Machinery Co., Ltd. | 241.00 | 113.78 | 89.43% | |
| TW:7736 | HUSHAN Autoparts, Inc. | 68.30 | -19.48 | -22.19% |
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