HIWIN Technologies Corp. AI Stock Analysis
HIWIN Technologies Corp. (2049) AI Stock Analysis
HIWIN Technologies Corp.
(TWSE:2049)
The overall score of 44 reflects a weak investment profile. The most significant factor is the company's deteriorating financial performance, with multi-year declines in revenue and profitability margins, which heavily drags on the score. This is compounded by a bearish technical picture, with the stock in a clear downtrend across all key moving averages and weak momentum. Valuation is also a major concern, as the high P/E ratio of 43.4 is unsupported by the declining earnings trend. The only mitigating factor is a solid balance sheet, which provides some financial stability but is not enough to offset the severe operational and market headwinds.
HIWIN Technologies Corp. (2049) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 113.04B
- Dividend Yield
- 0.64%
- Average Volume (3M)
- 3.80M
- Price to Earnings (P/E)
- 35.6
- Beta (1Y)
- 1.25
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- TW
- Employees
- 1,732
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
HIWIN Technologies Corp. Business Overview & Revenue Model
Company Description
Hiwin Technologies Corporation manufactures and sells motion control and systematic technology products. The company operates through Linear Guideways, Ballscrews, and Other segments. It offers ballscrews, Ball Spline, linear guideways, bearings, DAT...
HIWIN Technologies Corp. Financial Statement Overview
Summary
Financial performance is mixed. The balance sheet is a key strength with low leverage (D/E 0.27) and a growing equity base. However, this is offset by significant operational deterioration: revenue is declining, gross margin has compressed from 36.6% to 28.8%, and net margin has more than halved. Cash flow has recently improved due to capex cuts, but underlying earnings quality is weak. Overall, a solid foundation is undermined by poor and worsening profitability.
Income Statement
35NegativeBalance Sheet
72PositiveCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.39B | 24.26B | 24.39B | 24.63B | 29.31B | 27.27B |
| Gross Profit | 7.70B | 6.98B | 7.22B | 7.66B | 10.72B | 9.82B |
| EBITDA | 5.05B | 4.00B | 4.76B | 5.06B | 8.35B | 7.43B |
| Net Income | 2.33B | 1.53B | 1.97B | 2.03B | 4.48B | 3.53B |
Balance Sheet | ||||||
| Total Assets | 57.02B | 54.18B | 54.42B | 51.44B | 52.14B | 51.03B |
| Cash, Cash Equivalents and Short-Term Investments | 9.36B | 7.63B | 7.35B | 7.57B | 7.46B | 5.44B |
| Total Debt | 9.70B | 10.25B | 10.60B | 9.54B | 9.50B | 11.76B |
| Total Liabilities | 17.79B | 16.70B | 17.34B | 16.32B | 17.17B | 20.56B |
| Stockholders Equity | 39.17B | 37.35B | 36.93B | 35.00B | 34.75B | 30.28B |
Cash Flow | ||||||
| Free Cash Flow | 3.53B | 1.51B | -95.79M | 1.83B | 3.90B | 5.90B |
| Operating Cash Flow | 5.95B | 4.28B | 3.62B | 4.77B | 6.08B | 8.16B |
| Investing Cash Flow | -2.52B | -2.81B | -3.88B | -2.85B | -2.20B | -2.38B |
| Financing Cash Flow | -1.56B | -1.29B | -18.95M | -1.80B | -1.92B | -2.84B |
HIWIN Technologies Corp. Peers Comparison
Overall Rating
TW:775070Outperform
TW:151369Neutral
TW:667066Neutral
TW:150365Neutral
TW:316753Neutral- TW:204944Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:7750 | 70Outperform | TWD 108.34B | 25.25 | ― | 1.02% | 90.34% | 187.36% |
| TW:1513 | 69Neutral | TWD 72.38B | 17.04 | ― | 3.96% | 3.84% | 22.26% |
| TW:6670 | 66Neutral | TWD 36.24B | 10.80 | ― | 6.06% | 10.09% | 6.62% |
| TW:1503 | 65Neutral | TWD 88.83B | 23.93 | ― | 2.88% | 8.33% | 16.27% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3167 | 53Neutral | TWD 71.70B | 63.61 | ― | 0.44% | 121.90% | 250.43% |
| TW:2049 | 44Neutral | TWD 103.13B | 35.56 | ― | 0.64% | ― | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2049 | HIWIN Technologies Corp. | 314.00 | 116.65 | 59.11% | |
| TW:1503 | Shihlin Electric & Engineering Corp. | 173.50 | 7.52 | 4.53% | |
| TW:1513 | Chung-Hsin Electric & Machinery Manufacturing Corp. | 151.50 | 10.61 | 7.53% | |
| TW:3167 | Ta Liang Technology Co., Ltd. | 881.00 | 676.99 | 331.84% | |
| TW:6670 | Fusheng Precision Co. Ltd. | 264.00 | 34.07 | 14.82% | |
| TW:7750 | Syntec Technology Co. Ltd. | 1570.00 | 821.59 | 109.78% |
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