Yusin Holding Corp. (4557) AI Stock Analysis

Yusin Holding Corp.

(TWSE:4557)

Select Model

Rating:52Neutral

Price Target:TWD 56.00▲(4.48% Upside)

Action:initiatedcoverage

Date:11/09/26

The score is weighed down primarily by weak financial performance: revenue growth has flattened, operating profit has evaporated and the company slipped into a net loss, while leverage has risen sharply to fund its rapid expansion. The negative P/E leaves valuation unsupported, and the 3.6% dividend yield, while appealing, may be difficult to sustain given thin free cash flow. Offsetting these concerns, the stock's technical picture is the strongest element — price sits above all key moving averages with positive MACD and neutral momentum readings — and cash generation rebounded strongly, suggesting the loss stems from non-cash or one-off items rather than a liquidity problem. The investment case hinges on management restoring operating margins before the heavier debt load becomes a constraint.

Positive Factors

Adequate Equity BaseThe company retains a substantial equity base relative to its asset position, providing some capacity to absorb operating volatility. Although leverage has risen, this capitalization offers a foundation for continued operations and may support investment if profitability and cash generation recover.

Negative Factors

Revenue and Profitability DeclineThe latest-year contraction in revenue and shift from prior profitability to a net loss weaken confidence in near-term earnings power. If this deterioration persists, it could reduce internally generated capital, constrain investment, and make recovery dependent on restoring sales momentum and operating discipline.

Yusin Holding Corp. (4557) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.57B
Dividend Yield: 3.73%
Average Volume (3M): 60.73K
Price to Earnings (P/E): -13.3
Beta (1Y): 0.26
Revenue Growth: -20.81%
EPS Growth: -140.13%
Country: TW
Employees: 35
Sector: General
Sector Strength: 55
Industry: Auto - Parts

Yusin Holding Corp. Business Overview & Revenue Model

Company Description

Yusin Holding Corp. operates as a global enterprise, specializing in the production and distribution of braking systems for vehicles. The company's reach extends across diverse international markets, including Asia, North America, Central and South A...

Yusin Holding Corp. Financial Statement Overview

Summary

Financials deteriorated sharply in the latest year. Revenue growth stalled (up only ~1.4% after a 21% gain), operating profit collapsed to roughly break-even, and the company posted a net loss of NT$31 million versus NT$428 million of profit a year earlier, pushing return on equity negative. Gross margin held near 30%, indicating pricing and production costs are intact, but EBITDA margin fell from 19.9% to 4.5%, suggesting a surge in operating expenses or one-off charges. The balance sheet retains a reasonable equity cushion (~45% of assets) but leverage has climbed quickly, with debt-to-equity rising to 0.75 from 0.19 five years ago. The brightest spot is cash flow: operating cash flow rebounded to NT$597 million and free cash flow turned positive, implying the loss is largely non-cash, though heavy capex absorbed ~90% of operating cash and free cash flow has been volatile.

Income Statement

38Negative

Balance Sheet

54Neutral

Cash Flow

56Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.45B	3.97B	3.92B	3.23B	2.99B	2.00B
Gross Profit	922.00M	1.17B	1.13B	1.01B	912.63M	525.01M
EBITDA	-21.16M	177.47M	777.93M	666.54M	759.83M	360.23M
Net Income	-196.18M	-31.37M	427.68M	378.70M	508.48M	207.53M
Balance Sheet
Total Assets	5.75B	5.65B	5.19B	4.06B	3.40B	2.97B
Cash, Cash Equivalents and Short-Term Investments	1.09B	1.60B	1.06B	1.09B	1.13B	519.03M
Total Debt	2.05B	1.89B	1.48B	997.85M	572.18M	518.84M
Total Liabilities	2.98B	2.89B	2.64B	1.85B	1.34B	1.20B
Stockholders Equity	2.54B	2.53B	2.33B	2.02B	2.00B	1.66B
Cash Flow
Free Cash Flow	-683.39M	56.76M	-312.56M	162.80M	744.21M	-115.10M
Operating Cash Flow	187.62M	597.00M	9.57M	302.29M	786.26M	-22.35M
Investing Cash Flow	-1.06B	-580.69M	-283.74M	-311.20M	-97.15M	-31.17M
Financing Cash Flow	703.36M	704.28M	180.78M	17.21M	35.90M	-130.06M

Yusin Holding Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:4557 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1339	71Outperform	TWD 2.94B	7.28	―	6.30%	-10.90%	163.84%
TW:2248	66Neutral	TWD 2.76B	10.90	―	5.36%	35.53%	59.41%
TW:2115	59Neutral	TWD 2.40B	12.56	―	6.54%	13.54%	-9.61%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4557	52Neutral	TWD 2.57B	-13.30	―	3.73%	-20.81%	-140.13%
TW:1533	39Underperform	TWD 2.44B	9.23	―	―	20.93%	285.82%

* General Sector Average

Performance Comparison

TW:4557 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:4557	Yusin Holding Corp.	53.60	-12.04	-18.34%
TW:1339	Y.C.C. Parts Mfg. Co., Ltd.	39.70	-1.83	-4.40%
TW:1533	Mobiletron Electronics Co., Ltd.	24.75	-8.35	-25.23%
TW:2115	Lu Hai Holding Corp.	22.95	-1.40	-5.76%
TW:2248	Shining Victory Motor Electronic Co., Ltd.	57.90	10.91	23.22%
TW:2252	CUBTEK Inc.	29.50	10.15	52.45%

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

Yusin Holding Corp. AI Stock Analysis