YJN CO.,LTD. (3191) AI Stock Analysis

YJN CO.,LTD.

(TPEx:3191)

Select Model

Rating:51Neutral

Price Target:TWD 17.00▲(1.19% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak operating performance and materially negative cash flow, despite a strengthened balance sheet and a return to positive net income. Technical conditions are moderately supportive, while valuation provides limited additional support.

Positive Factors

Return to Net ProfitThe return to positive net income marks a meaningful recovery from several loss-making years and may improve retained capital over time. However, the durability of this improvement depends on whether operating earnings and cash conversion also recover, rather than relying on non-operating items.

Negative Factors

Persistent Revenue ContractionSeveral years of declining revenue point to sustained pressure on demand, market position, or the company’s ability to expand its business. Continued contraction can reduce operating scale, limit cost absorption, and make a durable recovery in earnings more difficult over the next several quarters.

YJN CO.,LTD. (3191) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 721.54M
Dividend Yield: ―
Average Volume (3M): 25.50K
Price to Earnings (P/E): 21.2
Beta (1Y): 0.53
Revenue Growth: -5.09%
EPS Growth: ―
Country: TW
Employees: 80
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

YJN CO.,LTD. Business Overview & Revenue Model

Company Description

Yjn Co.,Ltd., together with its affiliated companies, specializes in the manufacturing, distribution, and sale of electronic components and raw materials across Taiwan. The company's operations encompass the fabrication and marketing of a diverse ran...

YJN CO.,LTD. Financial Statement Overview

Summary

The balance sheet is a strength, supported by lower debt, a 0.33 debt-to-equity ratio, higher equity, and positive ROE. However, declining revenue, negative EBIT and EBITDA, and materially negative operating and free cash flow substantially reduce the score. The cash-flow score is capped at the required minimum of 37.

Income Statement

38Negative

Balance Sheet

72Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	174.75M	168.53M	182.69M	207.54M	226.16M	285.19M
Gross Profit	41.16M	28.73M	36.60M	54.91M	52.80M	69.45M
EBITDA	10.83M	-9.68M	-347.00K	-18.01M	4.61M	-2.54M
Net Income	34.35M	22.02M	-24.73M	-48.30M	-16.33M	-33.86M
Balance Sheet
Total Assets	382.15M	360.23M	413.51M	473.32M	426.31M	295.30M
Cash, Cash Equivalents and Short-Term Investments	40.35M	43.48M	155.76M	201.89M	258.82M	76.63M
Total Debt	106.73M	83.75M	97.00M	125.09M	43.92M	65.24M
Total Liabilities	138.16M	106.57M	192.29M	227.28M	132.55M	169.89M
Stockholders Equity	243.99M	253.66M	221.22M	246.04M	293.76M	125.40M
Cash Flow
Free Cash Flow	-80.82M	-94.26M	-14.46M	-35.53M	17.40M	32.65M
Operating Cash Flow	-50.38M	-89.02M	-6.47M	-24.16M	18.18M	35.96M
Investing Cash Flow	-36.23M	39.59M	57.66M	-126.64M	688.00K	-1.33M
Financing Cash Flow	14.08M	-13.98M	-33.67M	-21.91M	165.68M	7.76M

YJN CO.,LTD. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3191 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3567	57Neutral	TWD 810.74M	22.18	―	4.12%	-0.78%	-10.78%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3191	51Neutral	TWD 717.18M	21.19	―	―	-5.09%	―
TW:6164	49Neutral	TWD 790.93M	43.14	―	4.55%	-10.87%	115.91%
TW:3128	48Neutral	TWD 900.31M	16.15	―	2.23%	-12.58%	-22.95%
TW:4972	42Neutral	TWD 769.90M	-7.71	―	―	-1.01%	-31.92%

* General Sector Average

Performance Comparison

TW:3191 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3191	YJN CO.,LTD.	16.80	-1.20	-6.67%
TW:2255	Jet Optoelectronics Co., Ltd.	11.95	-14.70	-55.16%
TW:3128	Hi Sharp Electronics Co., Ltd.	17.90	-7.68	-30.03%
TW:3567	Etrend Hightech Corp.	24.25	-1.55	-6.02%
TW:4972	Tons Lightology Inc.	13.95	-4.10	-22.71%
TW:6164	Ledtech Electronics Corp.	10.90	0.75	7.39%

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

YJN CO.,LTD. AI Stock Analysis