Chi Hua Fitness Co., Ltd. AI Stock Analysis
Chi Hua Fitness Co., Ltd. (1593) AI Stock Analysis
Chi Hua Fitness Co., Ltd.
(TPEx:1593)
The score reflects a financially sound but modestly profitable business trading at an inexpensive valuation. Strengths include three consecutive years of revenue growth to a record NT$1.26 billion, a conservatively geared balance sheet, strong cash conversion, a low P/E of 7.9 and a 6.6% dividend yield backed by low share-price volatility. These are tempered by compressed margins, a return on equity of only about 6.5%, and inconsistent earnings and free cash flow over the past five years. Technicals are the weakest element, with the shares below their key short- and medium-term moving averages and momentum indicators still negative, suggesting limited near-term catalysts despite the supportive valuation.
Chi Hua Fitness Co., Ltd. (1593) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.28B
- Dividend Yield
- 6.57%
- Average Volume (3M)
- 18.46K
- Price to Earnings (P/E)
- 7.8
- Beta (1Y)
- 0.30
- Revenue Growth
- 12.77%
- EPS Growth
- 123.09%
- Country
- TW
- Employees
- 282
- Sector
- General
- Sector Strength
- 55
- Industry
- Leisure
Chi Hua Fitness Co., Ltd. Business Overview & Revenue Model
Company Description
Chi Hua Fitness Co., Ltd. is a global enterprise specializing in the production and distribution of fitness equipment. The company offers a comprehensive range of components and systems for exercise machinery. This includes a diverse array of brakes,...
Chi Hua Fitness Co., Ltd. Financial Statement Overview
Summary
Chi Hua Fitness is delivering a credible recovery: revenue grew about 12% to a record NT$1.26 billion, operating profit rose to NT$125 million and net income improved for a third consecutive year. The balance sheet is conservative, with equity funding over 60% of assets and debt-to-equity of roughly 0.35, while cash generation is solid — free cash flow of about NT$141 million covers nearly all reported earnings. Offsetting these strengths, gross margin slipped to 29.3% from 31.9%, net margin near 7% is less than half 2020–2021 levels, return on equity of about 6.5% is modest, and both earnings and free cash flow have been highly volatile over the cycle.
Income Statement
56NeutralBalance Sheet
68PositiveCash Flow
67Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.32B | 1.26B | 1.12B | 1.07B | 874.89M | 1.18B |
| Gross Profit | 400.10M | 368.23M | 356.97M | 331.72M | 252.72M | 328.29M |
| EBITDA | 166.46M | 175.23M | 189.15M | 163.47M | 159.17M | 233.69M |
| Net Income | 165.76M | 86.91M | 67.63M | 50.79M | 188.30M | 171.31M |
Balance Sheet | ||||||
| Total Assets | 1.89B | 2.14B | 2.06B | 2.02B | 2.11B | 1.65B |
| Cash, Cash Equivalents and Short-Term Investments | 803.87M | 591.68M | 521.08M | 491.81M | 457.74M | 311.60M |
| Total Debt | 87.12M | 459.98M | 421.95M | 441.97M | 448.82M | 300.96M |
| Total Liabilities | 416.75M | 713.76M | 643.16M | 658.79M | 725.86M | 518.52M |
| Stockholders Equity | 1.37B | 1.33B | 1.33B | 1.30B | 1.33B | 1.12B |
Cash Flow | ||||||
| Free Cash Flow | 136.34M | 141.02M | 118.84M | 137.11M | -57.09M | -373.07M |
| Operating Cash Flow | 146.72M | 147.92M | 127.01M | 162.98M | 136.80M | 119.34M |
| Investing Cash Flow | 429.29M | -89.05M | -71.57M | -39.96M | -29.81M | -405.58M |
| Financing Cash Flow | -434.35M | -46.61M | -99.23M | -99.66M | 10.45M | 145.84M |
Chi Hua Fitness Co., Ltd. Peers Comparison
Overall Rating
TW:223564Neutral
TW:458461Neutral- TW:159361Neutral
TW:452845Neutral
TW:180544Neutral
TW:893326Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2235 | 64Neutral | TWD 1.02B | 21.04 | ― | 5.28% | -7.77% | 4.84% |
| TW:4584 | 61Neutral | TWD 1.07B | 20.93 | ― | 5.59% | -16.79% | -50.73% |
| TW:1593 | 61Neutral | TWD 1.21B | 7.77 | ― | 6.57% | 12.77% | 123.09% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4528 | 45Neutral | TWD 1.18B | -20.70 | ― | 1.42% | -3.33% | -515.57% |
| TW:1805 | 44Neutral | TWD 1.31B | 71.02 | ― | ― | -59.33% | -94.38% |
| TW:8933 | 26Underperform | TWD 1.31B | -3.28 | ― | ― | -14.85% | 27.37% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1593 | Chi Hua Fitness Co., Ltd. | 30.45 | 4.61 | 17.84% | |
| TW:1805 | Better Life Group Co., Ltd. | 9.68 | -2.02 | -17.26% | |
| TW:2235 | I Yuan Precision Industrial Co. Ltd. | 28.40 | -3.86 | -11.96% | |
| TW:4528 | Chian Hsing Forging Industrial Co., Ltd. | 14.05 | -3.05 | -17.83% | |
| TW:4584 | Jufan Industrial Co., Ltd. | 35.80 | -12.63 | -26.08% | |
| TW:8933 | Ideal Bike Corporation | 4.00 | -1.97 | -33.00% |
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