Yieh Phui Enterprise Co., Ltd. (2023) AI Stock Analysis

Yieh Phui Enterprise Co., Ltd.

(TWSE:2023)

Select Model

Rating:43Neutral

Price Target:TWD 14.00▼(-0.71% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is constrained primarily by weak profitability, persistent losses, and elevated leverage. Positive cash generation and moderately constructive technical indicators provide some support, but the negative P/E and absent dividend yield further limit the investment profile.

Positive Factors

Positive Cash GenerationRecent operating and free cash flow provide an important source of internal funding despite weak accounting profits. Positive cash generation can support working capital and essential investment over the next several quarters, although its durability remains exposed to steel-cycle conditions.

Negative Factors

Persistent Losses and Thin MarginsThree consecutive loss-making years and an extremely thin EBITDA margin show that the business currently has limited earnings protection. Weak profitability reduces capacity to absorb adverse steel-market conditions, fund growth internally, or rebuild equity through retained earnings.

Yieh Phui Enterprise Co., Ltd. (2023) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 26.24B
Dividend Yield: ―
Average Volume (3M): 1.29M
Price to Earnings (P/E): -9.5
Beta (1Y): -0.07
Revenue Growth: -9.27%
EPS Growth: 9.28%
Country: TW
Employees: 4,943
Sector: General
Sector Strength: 55
Industry: Steel

Yieh Phui Enterprise Co., Ltd. Business Overview & Revenue Model

Company Description

Yieh Phui Enterprise Co., Ltd., along with its subsidiaries, operates as a diversified industrial group with a global footprint, primarily focused on the steel sector. Its core activities involve the processing, manufacturing, marketing, and internat...

Yieh Phui Enterprise Co., Ltd. Financial Statement Overview

Summary

Financial performance is very weak: revenue declined, the company reported losses and worsening margins, debt increased, leverage rose, and equity declined. Positive operating and free cash flow provide limited support.

Income Statement

20Very Negative

Balance Sheet

35Negative

Cash Flow

50Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	64.61B	67.56B	73.98B	73.30B	83.68B	90.05B
Gross Profit	5.59B	5.58B	5.91B	6.71B	9.14B	10.90B
EBITDA	1.42B	246.96M	3.26B	3.92B	5.10B	7.98B
Net Income	-2.81B	-3.54B	-1.60B	-1.08B	522.11M	5.20B
Balance Sheet
Total Assets	101.72B	99.53B	101.35B	91.77B	93.15B	95.14B
Cash, Cash Equivalents and Short-Term Investments	9.05B	10.13B	10.89B	9.85B	11.25B	8.63B
Total Debt	64.91B	61.19B	56.39B	55.27B	54.50B	53.53B
Total Liabilities	70.08B	66.43B	62.02B	61.39B	60.36B	62.25B
Stockholders Equity	31.35B	32.72B	38.49B	29.56B	31.58B	31.50B
Cash Flow
Free Cash Flow	-2.69B	1.14B	1.05B	-274.67M	345.21M	1.29B
Operating Cash Flow	-1.24B	2.69B	2.61B	1.12B	1.89B	4.09B
Investing Cash Flow	-6.72B	-6.73B	-1.47B	-1.74B	-1.46B	-2.37B
Financing Cash Flow	6.76B	3.93B	259.06M	-502.94M	1.03B	1.85B

Yieh Phui Enterprise Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2023 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2211	73Outperform	TWD 31.31B	10.47	―	8.42%	5.27%	-13.78%
TW:9958	63Neutral	TWD 20.28B	10.57	―	6.03%	35.63%	31.07%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2023	43Neutral	TWD 26.23B	-9.53	―	―	-9.27%	9.28%
TW:2014	39Underperform	TWD 21.68B	-79.56	―	―	-17.47%	84.17%

* General Sector Average

Performance Comparison

TW:2023 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2023	Yieh Phui Enterprise Co., Ltd.	14.10	-0.75	-5.05%
TW:2014	Chung Hung Steel Corporation	15.10	0.25	1.68%
TW:2211	Evergreen Steel Corporation	77.20	-27.54	-26.29%
TW:7918	XALLOY Advanced Materials Corporation	707.00	-142.00	-16.73%
TW:9957	Yieh United Steel Corp.	5.55	-0.55	-9.02%
TW:9958	Century Iron & Steel Industrial Co., Ltd.	73.10	-69.04	-48.57%

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

Yieh Phui Enterprise Co., Ltd. AI Stock Analysis