Jian Sin Industrial Co., Ltd. AI Stock Analysis
Jian Sin Industrial Co., Ltd. (4502) AI Stock Analysis
Jian Sin Industrial Co., Ltd.
(TPEx:4502)
The score is driven primarily by a fragile financial profile: falling revenue, a return to losses in 2025, compressed gross margins, and high leverage near 3x debt-to-equity against a shrinking equity base leave little buffer against further deterioration. Valuation offers no support, with a negative P/E and no dividend. The partial offset is technical: the stock holds just above a tight cluster of moving averages with neutral momentum readings and very low volatility, suggesting stability rather than strength. Positive operating cash flow is the key fundamental bright spot, but the sharp drop in free cash flow limits its significance. A sustained rerating would require revenue stabilisation, margin recovery toward 2023 levels, and continued debt reduction.
Jian Sin Industrial Co., Ltd. (4502) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 873.60M
- Dividend Yield
- ―
- Average Volume (3M)
- 21.77K
- Price to Earnings (P/E)
- -22.6
- Beta (1Y)
- 0.07
- Revenue Growth
- -5.95%
- EPS Growth
- -25.08%
- Country
- TW
- Employees
- 393
- Sector
- General
- Sector Strength
- 55
- Industry
- Manufacturing - Metal Fabrication
Jian Sin Industrial Co., Ltd. Business Overview & Revenue Model
Company Description
Jian Sin Industrial Co., Ltd. is a company that specializes in the global production and distribution of steel and cast aluminum wheels, serving both its domestic market in Taiwan and international clients. Established in 1978, this enterprise is hea...
Jian Sin Industrial Co., Ltd. Financial Statement Overview
Summary
Weak across all three statements. Revenue has declined for most of the past five years and dropped sharply to NT$936 million in 2025, while the company swung back to an NT$86 million net loss (-9.2% margin) after two years of razor-thin profits. Gross margin eroded from 17.4% in 2023 to 11.7%. The balance sheet is stretched, with debt-to-equity near 2.9x, equity shrinking from NT$693 million to NT$542 million, and ROE at -15.9%. The one offset is cash flow: operating cash flow stayed positive at NT$77 million in 2025, confirming heavy depreciation rather than outright cash burn, though free cash flow collapsed roughly 77% to just NT$12 million, leaving almost no cushion for debt reduction or reinvestment.
Income Statement
18Very NegativeBalance Sheet
24NegativeCash Flow
38Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.06B | 936.52M | 1.40B | 1.48B | 1.48B | 1.43B |
| Gross Profit | 138.72M | 109.47M | 238.59M | 257.43M | 218.61M | 89.48M |
| EBITDA | 68.93M | 70.46M | 204.20M | 201.22M | 159.14M | 22.41M |
| Net Income | -39.45M | -86.08M | 11.81M | 8.45M | -22.48M | -145.47M |
Balance Sheet | ||||||
| Total Assets | 2.37B | 2.28B | 2.55B | 2.68B | 2.58B | 2.40B |
| Cash, Cash Equivalents and Short-Term Investments | 179.38M | 235.76M | 318.42M | 326.62M | 319.18M | 303.16M |
| Total Debt | 1.63B | 1.55B | 1.61B | 1.70B | 1.66B | 1.49B |
| Total Liabilities | 1.84B | 1.74B | 1.85B | 2.00B | 1.92B | 1.72B |
| Stockholders Equity | 532.46M | 541.63M | 692.66M | 669.41M | 654.15M | 661.98M |
Cash Flow | ||||||
| Free Cash Flow | -86.15M | 11.75M | 140.38M | 3.02M | -112.18M | -270.69M |
| Operating Cash Flow | -58.26M | 76.57M | 196.19M | 39.39M | -36.62M | -171.06M |
| Investing Cash Flow | -38.67M | -56.85M | -89.80M | -171.75M | -93.57M | -141.26M |
| Financing Cash Flow | -31.60M | -44.64M | -137.00M | 84.16M | 134.71M | 252.60M |
Jian Sin Industrial Co., Ltd. Peers Comparison
Overall Rating
TW:453855Neutral
TW:153944Neutral- TW:450237Underperform
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:4538 | 55Neutral | TWD 951.51M | 42.20 | ― | 6.25% | 13.83% | 126.75% |
| TW:1539 | 44Neutral | TWD 941.33M | 17.14 | ― | 5.90% | -16.53% | ― |
| TW:4502 | 37Underperform | TWD 900.72M | -22.64 | ― | ― | -5.95% | -25.08% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4502 | Jian Sin Industrial Co., Ltd. | 15.85 | -0.30 | -1.86% | |
| TW:1539 | Chiu Ting Machinery Co., Ltd. | 14.40 | -2.80 | -16.28% | |
| TW:4538 | WINSON Machinery Co., Ltd. | 16.00 | -0.33 | -2.00% | |
| TW:4544 | Chun Zu Machinery Industry Co., Ltd. | 13.35 | -1.66 | -11.04% | |
| TW:4575 | Chumpower Machinery Corp. | 20.40 | 0.38 | 1.92% | |
| TW:4589 | Motion Technology Electric & Machinery Co. Ltd. | 44.20 | 8.18 | 22.69% |
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