Ho Tung Chemical Corp. (1714) AI Stock Analysis

Ho Tung Chemical Corp.

(TWSE:1714)

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Rating:60Neutral

Price Target:TWD 16.50▲(4.43% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily supported by the company’s conservative balance sheet and positive free cash flow, but limited profitability and volatile cash generation constrain financial strength. Weak technical momentum further reduces the score, while the moderate P/E provides only partial support.

Positive Factors

Conservative leverageConservative leverage and stable equity provide resilience through operating fluctuations. Controlled debt should preserve financial flexibility for investment and working-capital needs, while reducing the balance-sheet strain that could otherwise amplify pressure from the company’s thin profitability.

Negative Factors

Structurally thin marginsThe sustained decline in gross margin and thin net profitability leave earnings sensitive to changes in volumes and costs. Compared with the stronger 2020–2021 period, the reduced margin base limits the company’s ability to absorb operational pressure or grow profits efficiently.

Ho Tung Chemical Corp. (1714) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 15.76B
Dividend Yield: 1.14%
Average Volume (3M): 19.58M
Price to Earnings (P/E): 13.4
Beta (1Y): 0.80
Revenue Growth: 36.28%
EPS Growth: 243.10%
Country: TW
Employees: 138
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

Ho Tung Chemical Corp. Business Overview & Revenue Model

Company Description

Ho Tung Chemical Corp., established in New Taipei City, Taiwan, in 1980, operates as a comprehensive chemical enterprise. The company specializes in the research, production, marketing, and global distribution of a diverse array of chemical products,...

Ho Tung Chemical Corp. Financial Statement Overview

Summary

The conservative balance sheet is a key strength, but modest profitability, low return on equity, and volatile operating cash flow offset the 2025 recovery in revenue, earnings, and free cash flow.

Income Statement

56Neutral

Balance Sheet

79Positive

Cash Flow

57Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	30.08B	24.02B	20.62B	20.29B	22.64B	20.21B
Gross Profit	4.24B	2.51B	1.92B	1.92B	2.06B	3.09B
EBITDA	3.51B	1.78B	1.74B	1.34B	1.52B	2.60B
Net Income	1.16B	490.12M	415.46M	599.06M	370.23M	722.75M
Balance Sheet
Total Assets	27.21B	25.00B	23.57B	22.60B	23.04B	24.01B
Cash, Cash Equivalents and Short-Term Investments	9.95B	9.11B	8.32B	7.29B	6.39B	7.26B
Total Debt	2.98B	3.17B	2.88B	2.95B	3.04B	3.12B
Total Liabilities	8.05B	7.75B	6.64B	6.35B	7.02B	7.38B
Stockholders Equity	13.27B	12.19B	12.50B	12.15B	12.15B	12.62B
Cash Flow
Free Cash Flow	1.15B	801.89M	1.13B	1.21B	-252.29M	1.72B
Operating Cash Flow	1.50B	1.09B	1.39B	1.59B	229.18M	2.49B
Investing Cash Flow	-689.18M	-680.58M	-1.40B	-9.19M	-591.28M	-466.14M
Financing Cash Flow	-727.57M	-206.06M	-480.94M	-280.48M	-928.18M	-2.07B

Ho Tung Chemical Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1714 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1712	74Outperform	TWD 16.88B	15.21	―	6.23%	3.86%	-0.10%
TW:1723	63Neutral	TWD 16.23B	19.91	―	2.65%	7.82%	10.83%
TW:1714	60Neutral	TWD 15.46B	13.39	―	1.14%	36.28%	243.10%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1718	42Neutral	TWD 12.37B	15.63	―	―	-11.78%	―
TW:1313	40Underperform	TWD 15.17B	78.33	―	0.85%	-0.93%	―
TW:1710	39Underperform	TWD 13.95B	-19.17	―	―	-13.29%	-157.29%

* General Sector Average

Performance Comparison

TW:1714 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1714	Ho Tung Chemical Corp.	15.80	7.45	89.24%
TW:1313	UPC Technology Corporation	11.75	1.34	12.88%
TW:1710	Oriental Union Chemical Corp.	16.00	3.25	25.49%
TW:1712	Sinon Corporation	40.15	-0.14	-0.34%
TW:1718	China Man-Made Fiber Corporation	9.22	2.26	32.47%
TW:1723	China Steel Chemical Corporation	69.90	-8.21	-10.51%

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 10, 2026

Ho Tung Chemical Corp. AI Stock Analysis