YoungQin International Co. Ltd. (2755) AI Stock Analysis

YoungQin International Co. Ltd.

(TPEx:2755)

Select Model

Rating:70Outperform

Price Target:TWD 95.00▲(7.95% Upside)

Action:initiatedcoverage

Date:11/09/26

YoungQin International scores well on fundamentals: double-digit revenue growth, widening margins, a 22.3% return on equity, moderate and falling leverage, and strong cash generation that funds its own store expansion. Valuation adds further support, with a 14x P/E and a 4.1% dividend yield covered by healthy free cash flow. The main drag is technical — the share price sits below all key moving averages with a negative MACD, indicating a persistent downtrend, though the deeply oversold RSI suggests selling pressure may be extended. Structural risks of thin restaurant margins, cost inflation and capex-driven swings in free cash flow temper the score. No earnings call commentary or corporate events were available, so those factors were excluded and their weight redistributed.

Positive Factors

Multi-year Revenue GrowthRevenue more than doubled over five years, demonstrating meaningful business expansion and a larger operating base. This scale provides a stronger platform for future earnings, while the company’s established growth record supports continued investment in operations and profitability.

Negative Factors

Revenue Growth DecelerationThe sharp slowdown in top-line growth reduces the pace at which the company can expand its earnings base. If this moderation persists, further margin improvement may have less revenue growth to leverage, limiting future earnings upside and operating momentum.

YoungQin International Co. Ltd. (2755) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.11B
Dividend Yield: 3.98%
Average Volume (3M): 36.59K
Price to Earnings (P/E): 14.3
Beta (1Y): 0.38
Revenue Growth: 19.14%
EPS Growth: 22.20%
Country: TW
Employees: 80
Sector: General
Sector Strength: 55
Industry: Restaurants

YoungQin International Co. Ltd. Business Overview & Revenue Model

Company Description

YoungQin International Co., Ltd. primarily operates as a franchisor, managing a network of restaurant chains that span across Taiwan and numerous international locations. The company also markets its own distinct line of fried chicken products under...

YoungQin International Co. Ltd. Financial Statement Overview

Summary

YoungQin combines strong growth with improving quality of earnings. Revenue has roughly doubled since 2020 to NT$3.04 billion, with ~20% growth in the latest year, while operating margin widened to 10.0% and net margin to 7.7%, lifting net income to NT$235 million. The balance sheet is sound: equity funds ~47% of assets, debt-to-equity has eased to 0.48, and return on equity is an excellent 22.3%. Cash flow is the standout, with operating cash flow doubling to NT$388 million (1.6x net income) and free cash flow of NT$276 million, meaning expansion is largely self-funded. Offsetting these strengths are industry-typical risks: thin absolute margins vulnerable to food, labor and consumer-spending swings, rising absolute debt and lease-related fixed costs, and lumpy free cash flow tied to the store build-out cycle.

Income Statement

80Positive

Balance Sheet

75Positive

Cash Flow

80Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.32B	3.04B	2.53B	2.16B	1.88B	1.56B
Gross Profit	867.24M	833.71M	678.42M	573.43M	502.88M	398.62M
EBITDA	479.22M	430.35M	327.85M	259.80M	223.25M	178.14M
Net Income	266.02M	235.03M	176.10M	132.47M	115.56M	72.96M
Balance Sheet
Total Assets	2.39B	2.23B	1.82B	1.55B	1.42B	1.22B
Cash, Cash Equivalents and Short-Term Investments	818.20M	744.50M	632.29M	552.79M	574.23M	462.67M
Total Debt	542.09M	511.50M	468.85M	296.17M	296.69M	245.46M
Total Liabilities	1.28B	1.17B	997.12M	802.51M	768.00M	640.02M
Stockholders Equity	1.11B	1.06B	823.17M	751.87M	655.90M	578.80M
Cash Flow
Free Cash Flow	328.71M	276.15M	125.83M	131.59M	193.94M	201.37M
Operating Cash Flow	413.99M	387.92M	189.92M	233.49M	233.79M	204.51M
Investing Cash Flow	-204.18M	-111.76M	52.60M	-244.60M	-62.27M	-3.54M
Financing Cash Flow	-146.11M	-162.28M	-64.59M	-88.78M	-83.12M	-81.05M

YoungQin International Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2755 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2755	70Outperform	TWD 4.12B	14.26	―	3.98%	19.14%	22.20%
TW:4207	69Neutral	TWD 3.69B	10.32	―	9.02%	-1.10%	45.39%
TW:2910	66Neutral	TWD 3.89B	12.06	―	4.68%	1.41%	40.69%
TW:2701	63Neutral	TWD 4.57B	17.22	―	2.76%	-1.47%	11.32%
TW:2748	59Neutral	TWD 3.86B	14.35	―	4.80%	1.40%	14.56%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1219	46Neutral	TWD 3.82B	-21.96	―	4.46%	-1.38%	-285.88%

* General Sector Average

Performance Comparison

TW:2755 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2755	YoungQin International Co. Ltd.	88.00	-5.86	-6.24%
TW:1219	Fwusow Industry Co. Ltd.	11.20	-1.92	-14.66%
TW:2701	Wanhwa Enterprise Company	10.15	-0.66	-6.09%
TW:2748	FDC International Hotels Corp.	36.45	-5.90	-13.94%
TW:2910	Tonlin Department Store Co., Ltd.	22.20	2.00	9.93%
TW:4207	Taiwan Fructose Co., Ltd.	19.55	1.30	7.15%

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

YoungQin International Co. Ltd. AI Stock Analysis