Bafang Yunji International Co., Ltd. (2753) AI Stock Analysis

Bafang Yunji International Co., Ltd.

(TWSE:2753)

Select Model

Rating:72Outperform

Price Target:TWD 195.00▲(10.17% Upside)

Action:initiatedcoverage

Date:11/09/26

The score is anchored by solid fundamentals: record profits, an improving margin cycle, strong 22.5% return on equity and operating cash flow that comfortably exceeds reported earnings. A low 12.6x P/E paired with a 6.24% dividend yield adds a compelling valuation and income case. These strengths are tempered by rising leverage (debt-to-equity up to 0.73), capex-constrained free cash flow, and near-term technical weakness — the stock trades below its 20- and 50-day averages with a negative MACD and a subdued RSI of 34.8, though it still holds above its 200-day average.

Positive Factors

Accelerating Growth and MarginsThe sharp 2025 acceleration in revenue and broad-based margin improvement indicate stronger operating performance across the business. Higher profitability can support reinvestment, strengthen the branded restaurant platform, and provide a more substantial earnings base over the next several quarters.

Negative Factors

Rising LeverageThe increase in leverage reduces financial flexibility compared with the prior year and raises the company’s exposure to weaker operating conditions. A larger debt burden can constrain future investment choices and make earnings and cash flow more sensitive to business slowdowns.

Bafang Yunji International Co., Ltd. (2753) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 12.25B
Dividend Yield: 6.19%
Average Volume (3M): 149.87K
Price to Earnings (P/E): 12.8
Beta (1Y): 0.01
Revenue Growth: 7.94%
EPS Growth: 16.15%
Country: TW
Employees: 1,377
Sector: General
Sector Strength: 55
Industry: Restaurants

Bafang Yunji International Co., Ltd. Business Overview & Revenue Model

Company Description

Bafang Yunji International Co Ltd is a Taiwan-based company mainly engaged in the operation of Chinese chain restaurant brands. The Company operates through two main brands: Bafang Yunji, which provides various kinds of pot stickers, dumplings, noodl...

Bafang Yunji International Co., Ltd. Financial Statement Overview

Summary

Bafang Yunji combines consistent ~11% annual revenue growth with a sharp earnings inflection — net income up ~42% to a record NT$856 million and net margin expanding to 9.7% from 7.5%. Return on equity of 22.5% and operating cash flow of NT$1.59 billion (about 1.9x net income) point to high-quality, cash-backed profits. Offsetting this, leverage has stepped up meaningfully (debt-to-equity 0.73 from 0.50), margins remain below 2020 peaks, and heavy store-expansion capex limits free cash flow to roughly 43% of net income.

Income Statement

78Positive

Balance Sheet

71Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.10B	8.79B	8.03B	7.34B	6.80B	5.96B
Gross Profit	3.21B	3.16B	2.78B	2.55B	2.53B	2.23B
EBITDA	1.93B	1.88B	1.56B	1.40B	1.52B	1.29B
Net Income	935.39M	855.94M	602.02M	554.17M	660.95M	541.34M
Balance Sheet
Total Assets	8.44B	8.23B	6.72B	6.18B	5.86B	5.32B
Cash, Cash Equivalents and Short-Term Investments	2.40B	2.15B	1.32B	1.54B	1.93B	1.76B
Total Debt	2.79B	2.79B	1.80B	1.77B	1.52B	1.35B
Total Liabilities	4.26B	4.07B	2.91B	2.73B	2.49B	2.29B
Stockholders Equity	3.77B	3.80B	3.57B	3.38B	3.28B	2.99B
Cash Flow
Free Cash Flow	999.21M	679.49M	605.35M	217.39M	928.07M	549.60M
Operating Cash Flow	1.74B	1.59B	1.40B	1.22B	1.39B	1.07B
Investing Cash Flow	-1.01B	-1.10B	-314.65M	-391.26M	-1.09B	-878.74M
Financing Cash Flow	-598.72M	94.80M	-960.34M	-733.63M	-902.47M	39.49M

Bafang Yunji International Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2753 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1707	73Outperform	TWD 11.75B	10.96	―	7.62%	-5.38%	-12.85%
TW:2753	72Outperform	TWD 12.39B	12.75	―	6.19%	7.94%	16.15%
TW:1203	70Outperform	TWD 10.47B	20.50	―	2.33%	-13.42%	12.83%
TW:8462	68Neutral	TWD 12.09B	12.67	―	4.97%	19.42%	56.90%
TW:8436	62Neutral	TWD 10.68B	10.48	―	6.58%	-3.82%	2.23%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1234	54Neutral	TWD 12.84B	19.45	―	5.17%	-7.77%	-27.50%

* General Sector Average

Performance Comparison

TW:2753 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2753	Bafang Yunji International Co., Ltd.	177.00	-3.53	-1.95%
TW:1203	Ve Wong Corporation	42.85	4.09	10.57%
TW:1234	Hey-Song Corp.	31.90	-3.64	-10.24%
TW:1707	Grape King Bio Ltd.	78.70	-43.39	-35.54%
TW:8436	TCI Co., Ltd.	91.40	-24.30	-21.00%
TW:8462	Power Wind Health Industry Incorporated	146.50	-1.64	-1.11%

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

Bafang Yunji International Co., Ltd. AI Stock Analysis