China Man-Made Fiber Corporation (1718) AI Stock Analysis

China Man-Made Fiber Corporation

(TWSE:1718)

Select Model

Rating:42Neutral

Price Target:TWD 9.00▼(-5.66% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by severely weakened profitability, high leverage, and sharply reduced cash generation. Negative technical momentum adds risk, although oversold indicators and a neutral P/E ratio provide limited support.

Positive Factors

Positive Equity BaseA positive and fairly stable equity base provides some protection against operating volatility and supports continued access to the company’s asset base. This cushion does not remove leverage risk, but it gives the business greater balance-sheet resilience than a company with persistently negative equity.

Negative Factors

Severe Revenue DeclineA roughly 77% revenue collapse indicates a severe contraction in demand, shipments, or operating activity rather than ordinary quarterly volatility. Such a decline reduces scale utilization, weakens bargaining power, and makes it harder for the company to absorb fixed costs over the next several quarters.

China Man-Made Fiber Corporation (1718) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 12.53B
Dividend Yield: ―
Average Volume (3M): 21.92M
Price to Earnings (P/E): 16.2
Beta (1Y): 0.54
Revenue Growth: -11.78%
EPS Growth: ―
Country: TW
Employees: 3,425
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

China Man-Made Fiber Corporation Business Overview & Revenue Model

Company Description

Established in 1955 and based in Taipei City, Taiwan, China Man-Made Fiber Corporation primarily focuses on the production and distribution of various man-made fibers, cellophane, and a wide array of chemicals and their essential raw materials. While...

China Man-Made Fiber Corporation Financial Statement Overview

Summary

Weakest factor: revenue fell 77.4%, gross profit turned negative, operating margins were severely negative, and cash flow deteriorated sharply. Slightly improved debt metrics and positive cash flow provide limited support, but the underlying financial scores fall below the required minimum and are therefore capped at 37.

Income Statement

15Very Negative

Balance Sheet

35Negative

Cash Flow

20Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	11.87B	9.81B	41.36B	36.77B	34.00B	32.07B
Gross Profit	-1.28B	-987.08M	30.29B	16.63B	18.46B	16.55B
EBITDA	-14.69B	-10.18B	22.45B	16.36B	10.19B	6.79B
Net Income	784.48M	118.83M	27.52M	-1.59B	-1.35B	3.85B
Balance Sheet
Total Assets	1.05T	1.04T	996.58B	902.19B	835.70B	801.14B
Cash, Cash Equivalents and Short-Term Investments	125.46B	127.66B	63.51B	71.04B	69.08B	65.97B
Total Debt	82.53B	64.87B	65.49B	58.52B	48.09B	48.08B
Total Liabilities	950.01B	946.34B	912.52B	822.70B	760.74B	729.36B
Stockholders Equity	23.59B	21.98B	21.29B	20.96B	21.96B	23.33B
Cash Flow
Free Cash Flow	-20.06B	572.45M	21.45B	22.99B	-1.70B	-4.14B
Operating Cash Flow	-18.39B	3.37B	23.09B	25.52B	1.42B	-2.04B
Investing Cash Flow	14.92B	714.81M	-32.04B	-26.69B	4.26B	-7.98B
Financing Cash Flow	6.61B	1.85B	-1.82B	3.09B	2.53B	10.85B

China Man-Made Fiber Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1718 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1307	65Neutral	TWD 11.38B	8.46	―	7.76%	4.29%	-2.73%
TW:2108	64Neutral	TWD 13.32B	14.16	―	3.72%	12.61%	105.71%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1304	46Neutral	TWD 12.12B	-6.20	―	1.32%	-9.36%	30.01%
TW:4707	45Neutral	TWD 11.15B	21.39	―	0.92%	-9.16%	67.21%
TW:1718	42Neutral	TWD 12.37B	16.17	―	―	-11.78%	―
TW:1710	39Underperform	TWD 13.95B	-20.30	―	―	-13.29%	-157.29%

* General Sector Average

Performance Comparison

TW:1718 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1718	China Man-Made Fiber Corporation	9.54	2.58	37.07%
TW:1304	USI Corporation	11.40	0.23	2.03%
TW:1307	San Fang Chemical Industry Co., Ltd.	28.35	-3.47	-10.89%
TW:1710	Oriental Union Chemical Corp.	16.95	4.20	32.94%
TW:2108	NANTEX INDUSTRY CO LTD	26.90	4.47	19.94%
TW:4707	Pan Asia Chemical Corp.	27.30	17.85	188.80%

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

China Man-Made Fiber Corporation AI Stock Analysis