Jenn Feng Industrial Tools Co., Ltd. (1538) AI Stock Analysis

Jenn Feng Industrial Tools Co., Ltd.

(TWSE:1538)

Select Model

Rating:40Underperform

Price Target:TWD 7.50▲(3.59% Upside)

Action:initiatedcoverage

Date:11/09/26

Weak financial performance from sharp revenue decline, persistent losses, and cash burn is the dominant factor; bearish technical indicators and unattractive valuation from negative P/E add further pressure.

Positive Factors

Gross Margin ImprovementThe sharp gross-margin improvement indicates better pricing, product mix, or input-cost conditions in 2025. If maintained, stronger gross profitability could help the company absorb operating costs, support reinvestment, and provide a foundation for restoring overall earnings over the next several quarters.

Negative Factors

Multi-Year Revenue DeclineSeveral years of declining revenue point to sustained pressure on demand, customer activity, or the company’s competitive position rather than a single weak period. A shrinking sales base reduces operating leverage, limits cost absorption, and makes a durable return to profitability more difficult.

Jenn Feng Industrial Tools Co., Ltd. (1538) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 233.85M
Dividend Yield: ―
Average Volume (3M): 9,587
Price to Earnings (P/E): -2.0
Beta (1Y): 0.43
Revenue Growth: -47.23%
EPS Growth: -845.35%
Country: TW
Employees: 675
Sector: General
Sector Strength: 55
Industry: Manufacturing - Tools & Accessories

Jenn Feng Industrial Tools Co., Ltd. Business Overview & Revenue Model

Company Description

Jenn Feng Industrial Tools Co., Ltd. manufactures and sells power, hand, and garden tools, and related components in Taiwan. The company offers green energy equipment, such as inverters; aquaculture facilities, including tube waterwheel aerators, sub...

Jenn Feng Industrial Tools Co., Ltd. Financial Statement Overview

Summary

Revenue declined sharply from 285M peak to 115M, with persistent net losses, negative margins, and ongoing cash burn despite improved debt-to-equity at 0.66.

Income Statement

22Negative

Balance Sheet

38Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	88.33M	114.83M	112.68M	194.41M	285.11M	265.55M
Gross Profit	14.63M	26.48M	9.30M	17.24M	42.59M	30.38M
EBITDA	-80.85M	-35.62M	-39.44M	-2.29M	1.33M	-91.83M
Net Income	-123.24M	-51.39M	-54.87M	-28.25M	-26.56M	-208.14M
Balance Sheet
Total Assets	245.76M	256.68M	271.90M	330.25M	293.81M	312.25M
Cash, Cash Equivalents and Short-Term Investments	22.32M	27.91M	129.97M	187.80M	74.88M	87.86M
Total Debt	76.92M	90.86M	52.68M	46.85M	89.99M	209.07M
Total Liabilities	127.61M	117.75M	83.52M	112.61M	232.50M	278.46M
Stockholders Equity	117.40M	138.22M	188.39M	217.64M	61.32M	33.78M
Cash Flow
Free Cash Flow	-141.05M	-93.63M	-47.13M	-13.78M	-21.05M	-35.62M
Operating Cash Flow	-112.50M	-64.41M	-38.62M	29.20M	-19.34M	-34.08M
Investing Cash Flow	3.27M	26.86M	11.08M	-128.06M	29.29M	-529.00K
Financing Cash Flow	29.50M	16.49M	-35.19M	131.37M	4.26M	-8.26M

Jenn Feng Industrial Tools Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1538 against its peers
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:1538	40Underperform	TWD 233.85M	-1.97	―	―	-47.23%	-845.35%
TW:8929	39Underperform	TWD 629.73M	34.38	―	―	-3.17%	36.93%
TW:2067	37Underperform	TWD 148.30M	-1.45	―	―	-7.67%	-6.95%
TW:3095	32Underperform	TWD 479.30M	13.49	―	―	13.82%	―

* General Sector Average

Performance Comparison

TW:1538 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1538	Jenn Feng Industrial Tools Co., Ltd.	7.24	-18.96	-72.37%
TW:1594	Ju-Kao Engineering Co., Ltd.	7.54	-0.44	-5.51%
TW:2067	Chia Yi Steel Co., Ltd.	4.20	-9.26	-68.81%
TW:3095	Taiwan Chi Cheng Enterprise Co., Ltd.	32.65	5.35	19.60%
TW:4559	Joy Industrial Co., Ltd.	7.32	0.34	4.87%
TW:8929	Fu Burg Industrial Co., Ltd.	12.45	-4.15	-25.00%

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

Jenn Feng Industrial Tools Co., Ltd. AI Stock Analysis