Chih Lien Industrial Co., Ltd. (2024) AI Stock Analysis

Chih Lien Industrial Co., Ltd.

(TWSE:2024)

Select Model

Rating:48Neutral

Price Target:TWD 13.00▲(0.78% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak profitability, a 2025 net loss, and declining cash generation. Balance-sheet resilience provides support, but below-trend technical positioning and the high P/E ratio further reduce the overall rating.

Positive Factors

Improving LeverageLower debt relative to equity indicates reduced balance-sheet risk and gives the company more financial flexibility through the steel cycle. This improvement can support continued operations and investment while limiting the pressure that higher leverage would place on future cash flows.

Negative Factors

Declining RevenueA multiyear revenue decline indicates weaker business volume or pricing power than at the cycle peak. Continued top-line contraction can reduce operating leverage, limit reinvestment capacity, and make a durable earnings recovery more difficult.

Chih Lien Industrial Co., Ltd. (2024) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.37B
Dividend Yield: ―
Average Volume (3M): 18.51K
Price to Earnings (P/E): 44.6
Beta (1Y): 0.28
Revenue Growth: -6.49%
EPS Growth: 969.78%
Country: TW
Employees: 140
Sector: General
Sector Strength: 55
Industry: Steel

Chih Lien Industrial Co., Ltd. Business Overview & Revenue Model

Company Description

Chih Lien Industrial Co., Ltd. is a global manufacturer and supplier specializing in a diverse range of steel wires and bars, serving both domestic (Taiwan) and international markets. The company's comprehensive product lineup includes various specia...

Chih Lien Industrial Co., Ltd. Financial Statement Overview

Summary

Mixed financial quality: the balance sheet is strong at 75 and cash flow is positive at 58, but weak profitability and the 2025 net loss weigh heavily, reflected in the 35 income statement score.

Income Statement

35Negative

Balance Sheet

75Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	992.51M	988.90M	1.10B	916.43M	1.17B	1.53B
Gross Profit	78.61M	64.49M	84.83M	18.29M	135.98M	263.25M
EBITDA	82.64M	58.80M	92.86M	35.13M	144.40M	257.71M
Net Income	27.96M	-5.88M	15.92M	-54.79M	47.22M	143.35M
Balance Sheet
Total Assets	1.65B	1.65B	1.79B	1.84B	2.21B	2.01B
Cash, Cash Equivalents and Short-Term Investments	145.47M	122.31M	144.00M	164.70M	150.64M	177.16M
Total Debt	399.54M	423.05M	508.97M	627.27M	850.67M	495.68M
Total Liabilities	506.87M	539.44M	671.20M	735.83M	1.02B	756.16M
Stockholders Equity	1.14B	1.11B	1.12B	1.10B	1.19B	1.25B
Cash Flow
Free Cash Flow	75.69M	63.50M	97.81M	272.94M	-284.01M	165.21M
Operating Cash Flow	100.92M	80.73M	113.64M	288.39M	-252.63M	206.94M
Investing Cash Flow	-8.37M	-841.00K	-6.77M	223.00K	-44.27M	-44.62M
Financing Cash Flow	-64.24M	-91.51M	-119.42M	-258.68M	257.08M	-169.73M

Chih Lien Industrial Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2024 against its peers
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:2947	51Neutral	TWD 1.30B	17.76	―	3.64%	6.50%	13.15%
TW:5016	51Neutral	TWD 1.24B	12.69	―	4.00%	1.85%	18.76%
TW:2024	48Neutral	TWD 1.24B	44.62	―	―	-6.49%	969.78%
TW:4528	45Neutral	TWD 1.18B	-20.48	―	1.46%	-3.33%	-515.57%
TW:5015	44Neutral	TWD 1.30B	13.86	―	2.34%	-19.41%	67.34%

* General Sector Average

Performance Comparison

TW:2024 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2024	Chih Lien Industrial Co., Ltd.	12.90	-3.90	-23.21%
TW:2071	Chen Nan Iron Wire Co. Ltd.	18.80	2.83	17.73%
TW:2947	Zhen Yu Hardware Co., Ltd.	54.90	-19.21	-25.92%
TW:4528	Chian Hsing Forging Industrial Co., Ltd.	13.70	-3.25	-19.17%
TW:5015	Rodex Fasteners Corp.	21.35	-5.88	-21.59%
TW:5016	Song Ho Industrial Co., Ltd.	25.00	1.33	5.61%

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 09, 2026

Chih Lien Industrial Co., Ltd. AI Stock Analysis