Singtex Industrial Co., Ltd. (4433) AI Stock Analysis

Singtex Industrial Co., Ltd.

(TPEx:4433)

Select Model

Rating:50Neutral

Price Target:TWD 16.50▲(4.10% Upside)

Action:initiatedcoverage

Date:11/09/26

Weak financial performance from high leverage and negative cash flows is the main risk factor, partially offset by attractive valuation; technicals show oversold conditions within a downtrend.

Positive Factors

Revenue RecoveryThe return to revenue growth indicates improving demand or shipment volume in the company’s functional-textile business. If maintained, renewed top-line expansion can support better operating leverage, strengthen customer relationships, and provide a foundation for rebuilding earnings over the next several quarters.

Negative Factors

Higher LeverageThe sharp increase in leverage has not been matched by strong returns on equity, indicating that additional capital is producing limited profitability. Higher debt reduces financial flexibility, increases pressure on future cash generation, and leaves the company more exposed if operating performance weakens.

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

Revenue growth and stable gross margins are undermined by collapsing net margins, sharply rising leverage with debt-to-equity over 2.2, and negative operating and free cash flows.

Income Statement

58Neutral

Balance Sheet

37Negative

Cash Flow

24Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:4433 against its peers
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:4433	50Neutral	TWD 971.60M	14.03	―	6.31%	-1.86%	―
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%

* General Sector Average

Performance Comparison

TW:4433 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:4433	Singtex Industrial Co., Ltd.	15.85	-3.49	-18.05%
TW:1418	TongHwa Corporation	17.40	-3.10	-15.12%
TW:1776	Headway Advanced Materials Inc.	17.55	2.91	19.88%
TW:4440	Yi Shin Textile Industrial Co., Ltd.	16.75	-0.50	-2.93%
TW:5223	Anli International Co., Ltd.	21.90	-6.10	-21.79%
TW:8466	M.J. International Co., Ltd.	13.35	-9.16	-40.69%

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

Singtex Industrial Co., Ltd. AI Stock Analysis