Jung Shing Wire Co., Ltd. AI Stock Analysis
Jung Shing Wire Co., Ltd. (1617) AI Stock Analysis
Jung Shing Wire Co., Ltd.
(TWSE:1617)
Jung Shing Wire scores below average, driven primarily by deteriorating operating fundamentals: margins have more than halved since 2020, the company posted a small operating loss in 2025, and free cash flow has been negative two years running at -NT$161M, meaning reported profits are not converting into cash. A low-leverage balance sheet (debt-to-equity 0.32, growing equity) provides an important buffer but is generating only a 4.9% ROE. Technicals add pressure, with price below its short- and medium-term moving averages and a negative MACD, though oversold readings and a position above the 200-day average temper the downside. A moderate 14.6x P/E and 3.19% dividend yield offer some valuation support, but a re-rating likely requires management to restore margins and return operating cash flow to positive territory.
Jung Shing Wire Co., Ltd. (1617) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 3.48B
- Dividend Yield
- 3.07%
- Average Volume (3M)
- 1.24M
- Price to Earnings (P/E)
- 14.4
- Beta (1Y)
- 0.81
- Revenue Growth
- 11.94%
- EPS Growth
- ―
- Country
- TW
- Employees
- 280
- Sector
- General
- Sector Strength
- 55
- Industry
- Electrical Equipment & Parts
Jung Shing Wire Co., Ltd. Business Overview & Revenue Model
Company Description
Jung Shing Wire Co., Ltd., founded in 1971 and based in Tainan City, Taiwan, specializes in the production and distribution of magnet wires throughout the country. The company offers a comprehensive range of magnet wire products, primarily utilized i...
Jung Shing Wire Co., Ltd. Financial Statement Overview
Summary
A conservatively financed balance sheet (score 70) is offset by weak earnings quality (income statement 38) and poor cash generation (cash flow 20). Debt-to-equity has fallen to 0.32 with equity funding ~69% of assets, but revenue has stagnated near NT$3.36B, gross margin has compressed from 14.4% in 2020 to 6.8% in 2025, and the company slipped into a small operating loss. Reported net income of NT$115M was driven by non-operating items, while operating cash flow was negative for a second straight year (-NT$105M) and free cash flow deteriorated to -NT$161M. ROE of 4.9% remains low.
Income Statement
38NegativeBalance Sheet
70PositiveCash Flow
20Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.78B | 3.36B | 3.40B | 2.83B | 3.58B | 4.62B |
| Gross Profit | 280.68M | 229.41M | 309.81M | 225.87M | 251.90M | 555.96M |
| EBITDA | 168.06M | 96.67M | 216.89M | 138.92M | 181.13M | 349.34M |
| Net Income | 229.75M | 115.39M | 89.74M | 14.68M | 50.51M | 209.74M |
Balance Sheet | ||||||
| Total Assets | 3.37B | 3.37B | 3.73B | 3.24B | 3.30B | 3.62B |
| Cash, Cash Equivalents and Short-Term Investments | 673.62M | 914.70M | 1.28B | 1.01B | 922.29M | 975.03M |
| Total Debt | 685.00M | 740.00M | 849.66M | 911.69M | 830.06M | 1.27B |
| Total Liabilities | 1.04B | 1.03B | 1.41B | 1.18B | 1.17B | 1.68B |
| Stockholders Equity | 2.33B | 2.33B | 2.31B | 2.04B | 2.10B | 1.90B |
Cash Flow | ||||||
| Free Cash Flow | -280.92M | -161.25M | -131.99M | 90.68M | 233.70M | -134.80M |
| Operating Cash Flow | -219.29M | -105.39M | -48.34M | 152.19M | 338.01M | 93.83M |
| Investing Cash Flow | 283.53M | 329.69M | -263.59M | -189.31M | -233.96M | -134.34M |
| Financing Cash Flow | -239.59M | -194.09M | 81.10M | 32.52M | -343.94M | 329.90M |
Jung Shing Wire Co., Ltd. Peers Comparison
Overall Rating
TW:161653Neutral- TW:161746Neutral
TW:612644.4Neutral
TW:622044Neutral
TW:200740Underperform
TW:201727Underperform
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:1616 | 53Neutral | TWD 3.00B | 36.02 | ― | 8.57% | 1.98% | -95.72% |
| TW:1617 | 46Neutral | TWD 3.31B | 14.38 | ― | 3.07% | 11.94% | ― |
| TW:6126 | 44Neutral | TWD 3.40B | 37.54 | ― | 2.29% | 43.73% | -23.83% |
| TW:6220 | 44Neutral | TWD 3.54B | 20.95 | ― | 2.89% | 14.67% | 64.02% |
| TW:2007 | 40Underperform | TWD 3.37B | -3.06 | ― | ― | -33.21% | -2.07% |
| TW:2017 | 27Underperform | TWD 3.44B | -10.26 | ― | ― | -12.62% | -97.66% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1617 | Jung Shing Wire Co., Ltd. | 19.55 | 5.07 | 34.98% | |
| TW:1616 | Evertop Wire Cable Corporation | 15.85 | -13.15 | -45.34% | |
| TW:2007 | Yieh Hsing Enterprise Co., Ltd. | 6.36 | -0.79 | -11.05% | |
| TW:2017 | Quintain Steel Co., Ltd | 8.00 | -0.94 | -10.51% | |
| TW:6126 | Singatron Enterprise Co. Ltd. | 26.15 | -4.48 | -14.63% | |
| TW:6220 | YFC-BonEagle Electric Co., Ltd. | 24.20 | 0.93 | 4.00% |
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