Skip to main content
TipRanks
Go Ultimate75% OFF

Dah San Electric Wire & Cable Corp (1615) AI Stock Analysis

TW:1615

Dah San Electric Wire & Cable Corp

(TWSE:1615)

Select Model
Rating:71Outperform
Price Target:TWD 48.00â–²(13.88% Upside)
Action:initiatedcoverage
Date:11/09/26

Dah San Electric Wire & Cable scores well on fundamentals and valuation but is held back by poor price momentum. Record profitability, expanding margins, low leverage (debt-to-equity of 0.30), and a 21.4% return on equity underpin a solid financial profile, while a P/E of 8.4 and a 5.8% dividend yield make the shares inexpensive for income-oriented investors. Offsetting this, the stock trades below all key moving averages with negative MACD and depressed RSI and stochastic readings, indicating sustained selling pressure. Fundamental risks centre on weak cash conversion — operating cash flow is under half of reported net income — and a flattening revenue line in a business exposed to copper price swings.

Positive Factors
Margin ExpansionBroad-based margin expansion indicates the company is converting revenue into profit more effectively across its operations. If maintained, stronger gross and operating profitability can support reinvestment, improve resilience, and increase earnings power over the next several quarters.
Negative Factors
Cash-Flow VolatilityUneven cash generation means reported profit does not always translate consistently into cash available for shareholders or investment. Working-capital swings or reinvestment needs may therefore constrain capital allocation and make funding growth less predictable over the coming quarters.

Dah San Electric Wire & Cable Corp (1615) vs. SPDR S&P 500 ETF (SPY)

-15%-10%-5%0%5%10%15%20%TW:1615-7.81%SPY+14.28%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 8.55B
Dividend Yield
5.93%
Average Volume (3M)
445.56K
Price to Earnings (P/E)
8.1
Beta (1Y)
0.31
Revenue Growth
10.56%
EPS Growth
23.77%
Country
TW
Employees
256
Sector
General
Sector Strength
55
Industry
Electrical Equipment & Parts

Dah San Electric Wire & Cable Corp Business Overview & Revenue Model

Company Description

Dah San Electric Wire & Cable Corp. specializes in the manufacturing and distribution of a comprehensive range of electrical and communication wiring solutions. Its core product portfolio includes various power cables, communication cables, electroni...

Dah San Electric Wire & Cable Corp Financial Statement Overview

Summary

Strong overall financial health. Profitability has expanded dramatically, with gross margin rising to 22.4%, operating margin to 18.6%, and net income up 27.5% to a record NT$945 million despite a slightly softer top line. The balance sheet is conservative, with debt-to-equity of just 0.30, equity more than doubling since 2020, and a healthy 21.4% return on equity. The clear weak spot is cash conversion: operating cash flow of NT$423 million represents only about 45% of net income, a persistent pattern that raises earnings-quality questions. A flattening revenue line in a copper-price-sensitive cable business also tempers the growth outlook.

Income Statement

84Very Positive

Balance Sheet

83Very Positive

Cash Flow

56Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Mar 2024Dec 2022Dec 2021
Income Statement
Total Revenue5.78B5.72B5.87B4.94B4.43B4.52B
Gross Profit1.36B1.28B1.12B803.80M650.60M657.26M
EBITDA1.15B1.14B1.00B665.45M593.33M540.97M
Net Income1.02B945.32M741.18M525.02M431.56M451.30M
Balance Sheet
Total Assets6.62B6.23B5.20B4.50B3.74B3.55B
Cash, Cash Equivalents and Short-Term Investments961.42M761.39M620.97M495.56M426.85M581.99M
Total Debt875.66M1.33B1.16B888.80M763.21M735.46M
Total Liabilities1.92B1.81B1.62B1.55B1.18B1.08B
Stockholders Equity4.70B4.41B3.58B2.95B2.56B2.46B
Cash Flow
Free Cash Flow674.47M329.07M108.78M148.52M3.40M745.29M
Operating Cash Flow799.10M422.74M211.51M253.56M128.86M828.17M
Investing Cash Flow-230.75M-177.73M-215.81M-177.86M-19.36M-151.19M
Financing Cash Flow-545.11M-200.31M20.14M-79.65M-261.31M-510.15M

Dah San Electric Wire & Cable Corp Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:1615 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:1612TW:161274OutperformTWD 9.69B8.17―8.16%-0.25%40.84%
TW:1615TW:161571OutperformTWD 8.37B8.06―5.93%10.56%23.77%
TW:5013TW:501362NeutralTWD 8.83B30.92―1.02%0.25%51.97%
TW:6115TW:611561NeutralTWD 8.05B13.90―6.51%8.96%2.49%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

0%50%100%TW:1615TW:1612TW:5013TW:6115TW:7869TW:7927Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:1615 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:1615Dah San Electric Wire & Cable Corp42.15-3.52-7.72%
TW:1612Hong Tai Electric Industrial Co., Ltd.30.65-3.20-9.46%
TW:5013New Best Wire Industrial Co., Ltd.68.6040.67145.63%
TW:6115I-Sheng Electric Wire & Cable Co., Ltd.43.00-0.52-1.19%
TW:7869Horng Yu Electric Co. Ltd.280.00-95.81-25.49%
TW:7927Linkage Electric Co., Ltd.202.00-70.00-25.74%
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