Collins Co., Ltd. AI Stock Analysis
Collins Co., Ltd. (2906) AI Stock Analysis
Collins Co., Ltd.
(TWSE:2906)
Collins scores below average, driven primarily by deteriorating profitability and a stretched balance sheet: net margin has fallen to 1.1%, return on equity to 3.0%, and debt has risen to 1.43x equity while revenue remains flat. Strong operating cash flow of NT$755 million and a swing to positive free cash flow of NT$488 million provide important support and give management room to service debt. Technically, the shares sit below their key short- and medium-term moving averages with negative MACD, although oversold readings suggest the selling may be extended. A modest 15.7x P/E and a 4.65% dividend yield cushion the downside, but the investment case rests on management converting its improved gross margins into stronger bottom-line profit and reducing leverage.
Collins Co., Ltd. (2906) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.68B
- Dividend Yield
- 4.72%
- Average Volume (3M)
- 152.83K
- Price to Earnings (P/E)
- 15.3
- Beta (1Y)
- 0.18
- Revenue Growth
- 1.13%
- EPS Growth
- 81.63%
- Country
- TW
- Employees
- 73,744
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Distribution
Collins Co., Ltd. Business Overview & Revenue Model
Company Description
Collins Co., Ltd. engages in the export of household consumer and apparel products in Taiwan, the United States, Canada, and internationally. The company operates through Trading Business Department, Fashion Life Business Department, Kidney Dialysis...
Collins Co., Ltd. Financial Statement Overview
Summary
Fundamentals are weak overall. Revenue has plateaued near NT$8.88 billion and, despite gross margin expanding impressively to 29.5%, operating margin compressed to 4.0% and net income fell for a third straight year to NT$99 million (1.1% net margin). The balance sheet is the biggest concern: total debt has roughly doubled since 2020 to NT$4.73 billion against stagnant equity of NT$3.32 billion, lifting leverage to 1.43x equity with return on equity down to 3.0%. The offset is cash generation — operating cash flow of NT$755 million far exceeds reported earnings and free cash flow rebounded to a positive NT$488 million, though the multi-year free cash flow record remains volatile and debt coverage is thin.
Income Statement
38NegativeBalance Sheet
35NegativeCash Flow
63Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.90B | 8.88B | 8.87B | 8.00B | 8.95B | 8.25B |
| Gross Profit | 2.60B | 2.62B | 2.60B | 2.39B | 2.28B | 1.93B |
| EBITDA | 745.45M | 860.01M | 1.07B | 967.40M | 956.88M | 835.95M |
| Net Income | 173.03M | 98.66M | 108.05M | 118.78M | 375.15M | 302.54M |
Balance Sheet | ||||||
| Total Assets | 13.24B | 13.10B | 12.96B | 11.43B | 10.61B | 10.27B |
| Cash, Cash Equivalents and Short-Term Investments | 1.40B | 1.35B | 1.23B | 1.03B | 1.05B | 943.23M |
| Total Debt | 4.80B | 4.73B | 4.36B | 3.29B | 3.14B | 2.89B |
| Total Liabilities | 6.74B | 6.54B | 6.18B | 4.92B | 4.77B | 4.55B |
| Stockholders Equity | 3.41B | 3.32B | 3.47B | 3.28B | 3.10B | 3.06B |
Cash Flow | ||||||
| Free Cash Flow | 302.89M | 487.62M | -39.43M | 61.93M | 221.50M | -461.19M |
| Operating Cash Flow | 538.52M | 754.90M | 625.48M | 563.79M | 989.33M | -76.26M |
| Investing Cash Flow | -374.38M | -344.68M | -1.12B | -491.48M | -911.50M | -465.36M |
| Financing Cash Flow | -290.47M | -234.30M | 418.60M | 90.65M | -50.50M | 477.21M |
Collins Co., Ltd. Peers Comparison
Overall Rating
TW:291673Outperform
TW:143555.2Neutral
TW:146350Neutral
TW:147350Neutral- TW:290648Neutral
TW:650441Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2916 | 73Outperform | TWD 2.57B | 9.90 | ― | 9.14% | 0.95% | -8.03% |
| TW:1435 | 55Neutral | TWD 2.74B | -25.03 | ― | ― | -24.87% | -105.68% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1463 | 50Neutral | TWD 2.81B | -21.13 | ― | 0.74% | -81.10% | -120.98% |
| TW:1473 | 50Neutral | TWD 2.45B | 717.95 | ― | 2.98% | -12.48% | -98.35% |
| TW:2906 | 48Neutral | TWD 2.70B | 15.33 | ― | 4.72% | 1.13% | 81.63% |
| TW:6504 | 41Neutral | TWD 2.58B | -547.06 | ― | 2.69% | -1.43% | 92.88% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2906 | Collins Co., Ltd. | 12.70 | -0.37 | -2.82% | |
| TW:1435 | Chung Fu Tex-International Corp. | 19.00 | -6.85 | -26.50% | |
| TW:1463 | CS Group Investment Holding Limited | 17.10 | -1.32 | -7.16% | |
| TW:1473 | Tainan Enterprises Co., Ltd. | 16.80 | -8.24 | -32.90% | |
| TW:2916 | Munsin Garment Corporation | 39.40 | -6.62 | -14.39% | |
| TW:6504 | Nan Liu Enterprise Co., Ltd | 37.20 | -4.91 | -11.66% |
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