Sunko Ink Co., Ltd. AI Stock Analysis
Sunko Ink Co., Ltd. (1721) AI Stock Analysis
Sunko Ink Co., Ltd.
(TWSE:1721)
Sunko Ink scores low primarily because of deteriorating fundamentals: shrinking revenue, negative gross margins and a widening net loss have driven four consecutive years of equity erosion. Moderate leverage and genuinely improved free cash flow provide some runway, but that cash is being produced by balance sheet unwinding and reduced investment rather than profitability. Technicals reinforce the caution, with the price below all major moving averages and negative MACD momentum. With negative earnings and no dividend, valuation offers no support, leaving the investment case dependent on an unproven margin recovery.
Sunko Ink Co., Ltd. (1721) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 3.66B
- Dividend Yield
- ―
- Average Volume (3M)
- 1.49M
- Price to Earnings (P/E)
- -12.6
- Beta (1Y)
- 1.31
- Revenue Growth
- -16.64%
- EPS Growth
- -29.46%
- Country
- TW
- Employees
- 560
- Sector
- General
- Sector Strength
- 55
- Industry
- Chemicals
Sunko Ink Co., Ltd. Business Overview & Revenue Model
Company Description
Sunko Ink Co., Ltd. is a global enterprise primarily involved in the production, refinement, and distribution of various chemicals and industrial materials. Its operations span Taiwan, the United States, Asia, Europe, and other international markets....
Sunko Ink Co., Ltd. Financial Statement Overview
Summary
Weak overall. The income statement (14) is the dominant drag: revenue fell to ~NT$1.77bn from NT$2.29bn, gross margin turned negative (-7.3%), and the net loss widened to ~NT$340mn (-19.1% margin), the deepest in six years with EBITDA now negative. The balance sheet (45) is a relative cushion — debt-to-equity of ~0.59 with debt reduced to NT$972mn — but equity has eroded for four straight years and ROE of -20.6% signals ongoing value destruction. Cash flow (63) is the bright spot, with operating cash flow up to ~NT$248mn and free cash flow improving to ~NT$155mn, though this stems largely from working capital unwind and lower capex rather than earnings power.
Income Statement
14Very NegativeBalance Sheet
45NeutralCash Flow
63Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.69B | 1.77B | 2.29B | 2.19B | 3.01B | 2.85B |
| Gross Profit | -117.57M | -129.61M | 6.39M | -62.27M | 255.75M | 128.10M |
| EBITDA | -69.38M | -96.34M | 80.09M | -16.29M | 353.62M | 221.79M |
| Net Income | -291.22M | -339.64M | -182.58M | -277.97M | 61.33M | -70.02M |
Balance Sheet | ||||||
| Total Assets | 2.81B | 3.08B | 3.42B | 3.72B | 4.18B | 4.09B |
| Cash, Cash Equivalents and Short-Term Investments | 344.02M | 620.60M | 451.42M | 519.75M | 553.98M | 383.30M |
| Total Debt | 812.15M | 971.74M | 1.04B | 1.16B | 1.14B | 1.10B |
| Total Liabilities | 1.20B | 1.43B | 1.48B | 1.62B | 1.79B | 1.76B |
| Stockholders Equity | 1.61B | 1.65B | 1.94B | 2.11B | 2.40B | 2.33B |
Cash Flow | ||||||
| Free Cash Flow | -56.51M | 155.27M | 95.30M | -14.58M | 148.41M | -303.78M |
| Operating Cash Flow | 30.82M | 247.70M | 181.35M | 119.73M | 294.14M | -148.30M |
| Investing Cash Flow | 39.64M | -99.56M | -88.76M | -25.65M | -238.51M | 243.52M |
| Financing Cash Flow | -111.80M | -94.26M | -159.42M | -30.31M | 15.04M | -471.97M |
Sunko Ink Co., Ltd. Peers Comparison
Overall Rating
TW:173071Outperform
TW:470654Neutral
TW:430350Neutral
TW:658244Neutral- TW:172140Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:1730 | 71Outperform | TWD 3.17B | 10.46 | ― | 5.99% | 1.68% | 8.67% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4706 | 54Neutral | TWD 3.52B | 38.92 | ― | 0.67% | 7.93% | 656.08% |
| TW:4303 | 50Neutral | TWD 3.50B | 2.94 | ― | 3.79% | 30.28% | -32.60% |
| TW:6582 | 44Neutral | TWD 3.24B | 45.28 | ― | ― | -55.46% | ― |
| TW:1721 | 40Underperform | TWD 3.61B | -12.63 | ― | ― | -16.64% | -29.46% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1721 | Sunko Ink Co., Ltd. | 20.00 | 8.55 | 74.67% | |
| TW:1730 | Farcent Enterprise Co., Ltd. | 50.10 | -0.01 | -0.02% | |
| TW:4303 | Hsin-Li Chemical Industrial Corp. | 26.40 | -23.81 | -47.42% | |
| TW:4706 | Tah Kong Chemical Industrial Corp. | 44.55 | 17.25 | 63.21% | |
| TW:6582 | Shin Foong Specialty & Applied Materials Co., Ltd. | 30.50 | -1.85 | -5.72% | |
| TW:6959 | ION Electronic Materials Co., Ltd. | 100.00 | 27.30 | 37.55% |
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