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San Shing Fastech Corp. (5007) AI Stock Analysis

TW:5007

San Shing Fastech Corp.

(TWSE:5007)

Select Model
Rating:73Outperform
Price Target:TWD 63.00â–²(12.90% Upside)
Action:initiatedcoverage
Date:11/09/26

San Shing Fastech scores well on financial strength: it is essentially debt-free, funds over 80% of its assets with equity, and converted earnings into NT$925 million of free cash flow, giving it resilience through a cyclical downturn. That strength is offset by weakening fundamentals on the income statement — revenue has fallen for three of the last four years and margins have compressed across the board, dragging ROE to 12.4%. Valuation adds support, with a modest 15.7x P/E and a well-covered 5.35% dividend yield. Technicals are neutral, with price hugging flat moving averages and little directional momentum. Overall, this is a financially safe, high-yield, low-volatility holding whose score is capped by the absence of growth and margin momentum.

Positive Factors
Conservative balance sheetMinimal debt and a substantial, stable equity base give San Shing Fastech strong financial flexibility through demand downturns. This structure reduces refinancing pressure, supports continued investment, and leaves the company better positioned to absorb cyclical weakness without excessive balance-sheet strain.
Negative Factors
Sharp revenue contractionThe steep 2025 revenue decline shows that San Shing Fastech remains materially exposed to demand cycles. A smaller revenue base can reduce operating leverage and make sustained profit growth harder, requiring a durable recovery in customer demand to restore expansion.

San Shing Fastech Corp. (5007) vs. SPDR S&P 500 ETF (SPY)

-10%-5%0%5%10%15%20%25%TW:5007+14.91%SPY+12.79%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 16.46B
Dividend Yield
5.38%
Average Volume (3M)
39.96K
Price to Earnings (P/E)
15.7
Beta (1Y)
0.15
Revenue Growth
0.29%
EPS Growth
31.68%
Country
TW
Employees
1,405
Sector
General
Sector Strength
55
Industry
Manufacturing - Metal Fabrication

San Shing Fastech Corp. Business Overview & Revenue Model

Company Description

San Shing Fastech Corp. specializes in the production and global supply of screws, nuts, and steel wires, alongside associated machinery, components, and tools. Its operations extend across the United States, Taiwan, Germany, and other international...

San Shing Fastech Corp. Financial Statement Overview

Summary

A fortress balance sheet anchors the profile: the company is effectively debt-free (NT$1.9 million of debt against NT$7.19 billion of equity), with equity funding about 82% of assets, earning a strong 89 on the balance sheet. Cash flow is also robust, with operating cash flow up to NT$1.09 billion and free cash flow of NT$925 million, covering net income comfortably and easily supporting dividends. The drag is the income statement (66): revenue fell about 9% to NT$6.22 billion and sits roughly 13% below the 2022 peak, while gross, operating and net margins all compressed and net income declined to NT$891 million, pulling return on equity down to 12.4%. Net result is high financial safety but negative growth and profitability momentum.

Income Statement

66Positive

Balance Sheet

89Very Positive

Cash Flow

81Very Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.20B6.22B6.82B6.64B7.17B7.11B
Gross Profit1.62B1.46B1.76B1.64B1.88B1.75B
EBITDA1.34B1.15B1.51B1.47B1.58B1.45B
Net Income1.04B891.29M1.06B997.08M1.06B982.95M
Balance Sheet
Total Assets8.47B8.75B8.85B8.78B8.58B8.39B
Cash, Cash Equivalents and Short-Term Investments1.93B2.24B2.27B2.37B2.04B1.52B
Total Debt612.00K1.89M71.05M1.41M277.56M326.46M
Total Liabilities1.26B1.22B1.36B1.47B1.48B1.51B
Stockholders Equity6.85B7.19B7.16B6.97B6.86B6.67B
Cash Flow
Free Cash Flow1.08B924.98M703.31M1.13B1.40B340.86M
Operating Cash Flow1.17B1.09B823.21M1.34B1.52B435.45M
Investing Cash Flow-113.09M-419.88M-562.66M-311.31M-74.34M3.15M
Financing Cash Flow-876.47M-942.61M-850.19M-790.97M-891.69M-597.23M

San Shing Fastech Corp. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:5007 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:5007TW:500773OutperformTWD 16.46B15.69―5.38%0.29%31.68%
TW:4551TW:455167NeutralTWD 15.15B14.48―3.19%16.24%32.38%
TW:2476TW:247665NeutralTWD 20.92B14.92―3.11%36.13%60.59%
TW:6640TW:664064NeutralTWD 22.20B37.01―1.82%38.95%50.60%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%

* General Sector Average

Performance Comparison

0%250%500%750%TW:5007TW:2476TW:4551TW:4573TW:6640TW:7768Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:5007 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:5007San Shing Fastech Corp.55.807.2414.91%
TW:2476G-SHANK Enterprise Co., Ltd.95.503.003.24%
TW:4551Global PMX Co., Ltd.131.5016.5914.44%
TW:4573GMT Global Inc.496.50429.61642.25%
TW:6640Gallant Micro Machining Co. Ltd.825.00230.1138.68%
TW:7768Praise Victor Industrial Co., Ltd.219.5060.4037.97%
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