HIWIN Mikrosystem Corp. AI Stock Analysis
HIWIN Mikrosystem Corp. (4576) AI Stock Analysis
HIWIN Mikrosystem Corp.
(TWSE:4576)
The score reflects a financially sound company caught in a weak price trend at a rich valuation. Fundamentals are the strongest pillar: profits rebounded sharply, margins recovered toward prior-peak levels, free cash flow turned positive, and low leverage (debt-to-equity of 0.32) provides resilience through cycles. However, the shares trade well below all major moving averages with negative MACD and depressed momentum readings, pointing to persistent selling pressure. A P/E of 52.3 and a slim 0.48% dividend yield leave little valuation cushion, and earnings volatility tied to the automation capital-spending cycle remains the key risk to monitor.
HIWIN Mikrosystem Corp. (4576) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 25.58B
- Dividend Yield
- 0.41%
- Average Volume (3M)
- 2.12M
- Price to Earnings (P/E)
- 60.9
- Beta (1Y)
- 1.60
- Revenue Growth
- 33.61%
- EPS Growth
- 188.28%
- Country
- TW
- Employees
- 1,489
- Sector
- General
- Sector Strength
- 55
- Industry
- Electrical Equipment & Parts
HIWIN Mikrosystem Corp. Business Overview & Revenue Model
Company Description
Hiwin Mikrosystem Corporation develops and manufactures linear motion and control system in Taiwan and Israel. The company operates in three segments: Precision Motion and Control Parts, Micro and Nano-Positioning Systems, and Others. It offers stage...
HIWIN Mikrosystem Corp. Financial Statement Overview
Summary
HIWIN Mikrosystem is rebounding strongly from a cyclical trough. Revenue grew about 20% to NT$2.71 billion, operating profit rose from NT$51 million to NT$309 million, and net income nearly quadrupled to NT$241 million, with gross margin at 33.8% and net margin at 8.9%. The balance sheet is a key anchor: debt fell to NT$1.31 billion, equity grew to NT$4.10 billion, and debt-to-equity improved to a conservative 0.32. Cash flow is also healthy, with operating cash flow of NT$441 million exceeding net income and free cash flow swinging back to a positive NT$359 million after two negative years. Offsetting these strengths are high earnings volatility tied to the capital-equipment cycle, return on equity still below 6%, and revenue that remains under the 2022 peak.
Income Statement
68PositiveBalance Sheet
73PositiveCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.32B | 2.71B | 2.25B | 2.17B | 3.23B | 3.18B |
| Gross Profit | 1.14B | 917.45M | 699.42M | 668.43M | 1.12B | 1.09B |
| EBITDA | 708.37M | 479.88M | 306.04M | 237.85M | 556.52M | 577.19M |
| Net Income | 392.58M | 241.33M | 60.65M | 5.10M | 326.94M | 297.07M |
Balance Sheet | ||||||
| Total Assets | 7.56B | 7.01B | 6.63B | 6.16B | 5.86B | 5.90B |
| Cash, Cash Equivalents and Short-Term Investments | 1.28B | 1.13B | 961.71M | 646.17M | 747.05M | 729.82M |
| Total Debt | 1.28B | 1.31B | 1.44B | 1.09B | 819.81M | 981.07M |
| Total Liabilities | 2.88B | 2.57B | 2.47B | 2.13B | 1.75B | 2.04B |
| Stockholders Equity | 4.29B | 4.10B | 3.87B | 3.79B | 3.90B | 3.70B |
Cash Flow | ||||||
| Free Cash Flow | 449.84M | 359.00M | -39.92M | -81.65M | 339.95M | 480.56M |
| Operating Cash Flow | 548.69M | 441.27M | 519.19M | 221.22M | 409.92M | 569.42M |
| Investing Cash Flow | -309.45M | -188.71M | -593.66M | -695.27M | -106.44M | -88.96M |
| Financing Cash Flow | -73.83M | -164.55M | 335.53M | 148.68M | -276.48M | -242.51M |
HIWIN Mikrosystem Corp. Peers Comparison
Overall Rating
TW:690366Neutral
TW:658463Neutral- TW:457656Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6903 | 66Neutral | TWD 18.34B | 12.78 | ― | 3.04% | 196.19% | 262.75% |
| TW:6584 | 63Neutral | TWD 22.35B | 29.73 | ― | 0.75% | 44.48% | 204.25% |
| TW:4576 | 56Neutral | TWD 22.04B | 60.86 | ― | 0.41% | 33.61% | 188.28% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4576 | HIWIN Mikrosystem Corp. | 194.50 | 86.39 | 79.91% | |
| TW:4573 | GMT Global Inc. | 517.00 | 450.11 | 672.90% | |
| TW:4585 | Techman Robot, Inc. | 219.00 | -137.98 | -38.65% | |
| TW:6584 | NAN JUEN INTERNATIONAL CO., LTD. | 324.50 | 25.19 | 8.41% | |
| TW:6903 | Jiu Han System Technology Co Ltd | 280.00 | 115.66 | 70.38% | |
| TW:7942 | Toyo Automation Co. Ltd. | 519.00 | 168.00 | 47.86% |
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