Hsin Yung Chien Co., Ltd. (2114) AI Stock Analysis

Hsin Yung Chien Co., Ltd.

(TWSE:2114)

Select Model

Rating:78Outperform

Price Target:TWD 101.00▲(12.35% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by strong financial performance and attractive valuation, while weak near-term technical momentum reduces the overall result. Earnings-call and corporate-event factors were excluded due to missing or unavailable data.

Positive Factors

Low LeverageVery low leverage provides financial resilience and limits interest-related pressure on earnings. A stable equity funding base also gives the company greater flexibility to sustain operations, fund investment, and withstand business volatility without relying heavily on additional borrowing.

Negative Factors

Revenue VolatilityThe multi-year revenue contraction before the 2025 rebound shows that top-line performance has not followed a consistently durable growth path. Such volatility can make capacity planning, earnings forecasting, and sustained investment more difficult even when profitability remains strong.

Hsin Yung Chien Co., Ltd. (2114) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 6.98B
Dividend Yield: 5.56%
Average Volume (3M): 29.35K
Price to Earnings (P/E): 13.3
Beta (1Y): 0.16
Revenue Growth: 8.60%
EPS Growth: 23.20%
Country: TW
Employees: 119
Sector: General
Sector Strength: 55
Industry: Manufacturing - Miscellaneous

Hsin Yung Chien Co., Ltd. Business Overview & Revenue Model

Company Description

Hsin Yung Chien Co., Ltd., which began its operations in 1964 and adopted its current name in 2003 (formerly Hsin Yung Chien Industrial Co., Ltd.), is headquartered in Nantou City, Taiwan. This global manufacturer and supplier specializes in a divers...

Hsin Yung Chien Co., Ltd. Financial Statement Overview

Summary

Strong profitability recovery, very low leverage, and healthy free cash flow support a robust financial profile. Margin pressure and historical revenue and cash-flow volatility limit the score.

Income Statement

82Very Positive

Balance Sheet

90Very Positive

Cash Flow

86Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.66B	1.60B	1.47B	1.56B	1.85B	1.94B
Gross Profit	648.74M	630.21M	589.27M	659.29M	841.91M	816.31M
EBITDA	661.21M	607.74M	598.44M	669.72M	599.20M	1.16B
Net Income	488.91M	451.00M	398.23M	469.19M	391.97M	968.39M
Balance Sheet
Total Assets	3.97B	3.81B	3.73B	3.80B	3.57B	3.69B
Cash, Cash Equivalents and Short-Term Investments	2.09B	1.91B	1.78B	1.84B	1.71B	1.74B
Total Debt	257.09M	306.22M	417.34M	474.50M	284.76M	159.53M
Total Liabilities	948.88M	633.88M	620.87M	716.03M	565.73M	544.41M
Stockholders Equity	3.03B	3.17B	3.11B	3.09B	3.00B	3.15B
Cash Flow
Free Cash Flow	547.18M	580.75M	400.30M	296.56M	463.34M	363.28M
Operating Cash Flow	569.47M	608.35M	515.19M	449.87M	824.23M	486.74M
Investing Cash Flow	-179.94M	-334.06M	-69.50M	-738.00M	106.54M	-415.81M
Financing Cash Flow	-459.92M	-450.74M	-458.38M	-177.42M	-345.77M	-354.31M

Hsin Yung Chien Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2114 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2114	78Outperform	TWD 6.93B	13.34	―	5.56%	8.60%	23.20%
TW:6585	63Neutral	TWD 6.76B	10.51	―	4.81%	9.62%	46.90%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8942	52Neutral	TWD 7.77B	7.30	―	2.56%	-40.13%	47.76%
TW:2102	42Neutral	TWD 6.94B	1.69	―	―	-25.25%	―
TW:1308	40Underperform	TWD 7.72B	-12.95	―	1.53%	-2.26%	36.82%
TW:1305	27Underperform	TWD 6.51B	-15.83	―	0.88%	-7.05%	63.06%

* General Sector Average

Performance Comparison

TW:2114 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2114	Hsin Yung Chien Co., Ltd.	89.90	4.06	4.72%
TW:1305	China General Plastics Corporation	11.40	-0.26	-2.20%
TW:1308	Asia Polymer Corporation	13.05	-0.02	-0.14%
TW:2102	Federal Corp.	14.90	-4.35	-22.60%
TW:6585	DingZing Advanced Materials, Inc.	93.50	-1.30	-1.37%
TW:8942	Xxentria Technology Materials Co.,Ltd	39.00	3.00	8.34%

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

Hsin Yung Chien Co., Ltd. AI Stock Analysis