Jian Sin Industrial Co., Ltd. (4502) AI Stock Analysis

Jian Sin Industrial Co., Ltd.

(TPEx:4502)

Select Model

Rating:47Neutral

Price Target:TWD 15.50▼(-2.21% Downside)

Action:initiatedcoverage

Date:11/09/26

Weak financial performance from revenue declines, losses and high leverage is the dominant factor; neutral technical indicators provide modest support while poor valuation due to negative earnings weighs on the score.

Positive Factors

Positive Operating Cash FlowPositive operating cash flow shows that the core business continued to generate cash from operations even while reported earnings were negative. This provides some internal funding capacity and may help the company meet obligations, although the low coverage ratio limits the strength of this support.

Negative Factors

Return to Net LossReturning to a substantial net loss after small profits in 2023 and 2024 signals unstable earnings power and weak profitability resilience. Persistent losses can reduce retained capital, limit reinvestment, and make the company more vulnerable to further operating or financing pressure.

Jian Sin Industrial Co., Ltd. (4502) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 876.37M
Dividend Yield: ―
Average Volume (3M): 21.71K
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

Revenue has declined sharply with a shift to net losses and compressed margins; high leverage and negative ROE create ongoing risk, though recent positive cash flow offers limited support.

Income Statement

25Negative

Balance Sheet

30Negative

Cash Flow

48Neutral

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:4502 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:4538	55Neutral	TWD 951.51M	43.13	―	6.23%	13.83%	126.75%
TW:4502	47Neutral	TWD 900.72M	-22.64	―	―	-5.95%	-25.08%
TW:1539	44Neutral	TWD 941.33M	17.14	―	5.90%	-16.53%	―

* General Sector Average

Performance Comparison

TW:4502 and its peers over the selected period
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.	16.05	-0.28	-1.70%
TW:4544	Chun Zu Machinery Industry Co., Ltd.	12.80	-2.21	-14.70%
TW:4575	Chumpower Machinery Corp.	20.40	0.38	1.92%
TW:4589	Motion Technology Electric & Machinery Co. Ltd.	42.00	5.98	16.59%

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

Jian Sin Industrial Co., Ltd. AI Stock Analysis