Singtex Industrial Co., Ltd. AI Stock Analysis
Singtex Industrial Co., Ltd. (4433) AI Stock Analysis
Singtex Industrial Co., Ltd.
(TPEx:4433)
Singtex scores low primarily because of its financial profile: despite healthy revenue growth and a sharp improvement in operating profit, the company has not generated positive free cash flow in six years, operating cash flow has been negative for two consecutive years, and leverage has climbed to 2.28x debt-to-equity while equity stagnated — leaving thin 1.8% net margins with little cushion. Technicals reinforce the caution, with the price below all key moving averages and a negative MACD signalling a sustained downtrend. The 6.15% dividend yield and modest 14.4x P/E provide some offset, but the dividend's coverage is questionable given the cash burn, so the valuation appeal is not enough to lift the overall assessment materially.
Singtex Industrial Co., Ltd. (4433) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 924.73M
- Dividend Yield
- 6.31%
- Average Volume (3M)
- 62.20K
- Price to Earnings (P/E)
- 14.0
- Beta (1Y)
- 0.27
- Revenue Growth
- -1.86%
- EPS Growth
- ―
- Country
- TW
- Employees
- 636
- Sector
- General
- Sector Strength
- 55
- Industry
- Manufacturing - Textiles
Singtex Industrial Co., Ltd. Business Overview & Revenue Model
Company Description
Based in New Taipei City, Taiwan, Singtex Industrial Co., Ltd. has been producing and supplying textiles since its establishment in 1989. The company distinguishes itself by utilizing environmentally conscious materials throughout its diverse offerin...
Singtex Industrial Co., Ltd. Financial Statement Overview
Summary
Mixed-to-weak fundamentals. The income statement (46) is the brightest spot: revenue grew ~12% to NT$3.61bn, operating profit jumped nearly five-fold to NT$164mn, and gross margin held steady near 21% — but the net margin is razor-thin at 1.8%. The balance sheet (30) is stretched, with debt tripling since 2020 to NT$4.43bn against flat equity, lifting debt-to-equity to 2.28x and leaving ROE at just 3.3%. Cash flow (19) is the weakest link: operating cash flow was negative NT$17mn in 2025 after negative NT$115mn in 2024, and free cash flow has been negative every year shown (-NT$355mn latest), meaning expansion is being funded by debt rather than internal cash generation.
Income Statement
46NeutralBalance Sheet
30NegativeCash Flow
19Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.26B | 3.61B | 3.22B | 2.98B | 3.22B | 2.88B |
| Gross Profit | 604.71M | 764.49M | 671.22M | 650.02M | 668.52M | 575.02M |
| EBITDA | 242.76M | 393.53M | 285.21M | 236.27M | 332.81M | 225.63M |
| Net Income | 67.47M | 63.98M | 43.66M | 32.09M | 138.00M | 56.78M |
Balance Sheet | ||||||
| Total Assets | 6.48B | 7.22B | 6.76B | 6.41B | 5.31B | 4.68B |
| Cash, Cash Equivalents and Short-Term Investments | 900.69M | 1.04B | 1.05B | 1.09B | 758.26M | 760.43M |
| Total Debt | 4.02B | 4.43B | 3.99B | 3.58B | 2.37B | 1.45B |
| Total Liabilities | 4.56B | 5.14B | 4.66B | 4.29B | 3.05B | 2.20B |
| Stockholders Equity | 1.80B | 1.94B | 1.95B | 1.96B | 2.08B | 1.28B |
Cash Flow | ||||||
| Free Cash Flow | 284.38M | -355.32M | -470.14M | -629.05M | -404.05M | -5.39M |
| Operating Cash Flow | 532.59M | -17.32M | -114.57M | 300.88M | 377.39M | 144.50M |
| Investing Cash Flow | -71.86M | -207.95M | -250.52M | -932.88M | -900.62M | -142.65M |
| Financing Cash Flow | -184.21M | 322.80M | 392.18M | 871.29M | 508.39M | 27.59M |
Singtex Industrial Co., Ltd. Peers Comparison
Overall Rating
TW:177655Neutral
TW:444048Neutral
TW:522346Neutral
TW:141843Neutral
TW:846642Neutral- TW:443339Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1776 | 55Neutral | TWD 1.04B | 19.29 | ― | 3.42% | -14.61% | 133.14% |
| TW:4440 | 48Neutral | TWD 1.10B | 8.50 | ― | 5.97% | 6.71% | 77.95% |
| TW:5223 | 46Neutral | TWD 948.91M | -16.22 | ― | ― | 1.86% | -1680.28% |
| TW:1418 | 43Neutral | TWD 971.99M | -11.92 | ― | ― | -8.93% | -763.88% |
| TW:8466 | 42Neutral | TWD 1.06B | -3.55 | ― | 2.26% | -25.67% | -675.62% |
| TW:4433 | 39Underperform | TWD 971.60M | 14.03 | ― | 6.31% | -1.86% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4433 | Singtex Industrial Co., Ltd. | 15.85 | -3.73 | -19.05% | |
| TW:1418 | TongHwa Corporation | 17.40 | -2.90 | -14.29% | |
| TW:1776 | Headway Advanced Materials Inc. | 17.55 | 2.91 | 19.88% | |
| TW:4440 | Yi Shin Textile Industrial Co., Ltd. | 16.75 | -0.98 | -5.52% | |
| TW:5223 | Anli International Co., Ltd. | 21.90 | -6.10 | -21.79% | |
| TW:8466 | M.J. International Co., Ltd. | 13.35 | -9.11 | -40.56% |
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