New Best Wire Industrial Co., Ltd. (5013) AI Stock Analysis

New Best Wire Industrial Co., Ltd.

(TPEx:5013)

Select Model

Rating:65Neutral

Price Target:TWD 67.00▼(-2.33% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by strong technical momentum and a relatively stable balance sheet, but weakened by declining earnings quality, compressed margins, and a demanding valuation. The weighted average is 64.8, rounded to 65.

Positive Factors

Improved Balance-Sheet LeverageLower leverage indicates meaningful balance-sheet de-risking and gives the company greater financial flexibility. A more controlled debt burden can support investment and resilience through weaker industrial conditions, while reducing the strain that higher leverage would place on future capital allocation.

Negative Factors

Compressed Profit MarginsThe sustained decline in gross, operating, and net profitability reduces earnings resilience and leaves less room to absorb adverse pricing or cost conditions. With net margin near 2.5%, modest operational setbacks could have a disproportionate effect on profits and shareholder returns.

New Best Wire Industrial Co., Ltd. (5013) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 8.51B
Dividend Yield: 1.02%
Average Volume (3M): 1.72M
Price to Earnings (P/E): 30.9
Beta (1Y): 0.02
Revenue Growth: 0.25%
EPS Growth: 51.97%
Country: TW
Employees: 473
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

New Best Wire Industrial Co., Ltd. Business Overview & Revenue Model

Company Description

Established in 1993, New Best Wire Industrial Co.,Ltd operates from its headquarters in Tainan City, Taiwan, offering both wire products and electro-polishing services throughout the country. The company's diverse product portfolio encompasses a vari...

New Best Wire Industrial Co., Ltd. Financial Statement Overview

Summary

The balance sheet is relatively solid and cash generation improved materially, but declining revenue, lower net income, compressed margins, and modest return on equity limit the financial score.

Income Statement

45Neutral

Balance Sheet

70Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.03B	7.73B	7.94B	7.58B	9.03B	8.64B
Gross Profit	1.07B	968.61M	912.14M	1.03B	1.44B	1.51B
EBITDA	857.57M	830.53M	861.86M	898.30M	1.27B	1.31B
Net Income	338.61M	193.42M	222.03M	257.12M	541.37M	588.03M
Balance Sheet
Total Assets	9.03B	8.44B	8.53B	8.54B	8.36B	8.65B
Cash, Cash Equivalents and Short-Term Investments	1.06B	888.92M	809.75M	1.07B	1.17B	717.13M
Total Debt	2.55B	2.44B	2.75B	3.13B	2.93B	3.59B
Total Liabilities	3.69B	3.20B	3.40B	3.76B	3.67B	4.37B
Stockholders Equity	3.94B	3.78B	3.75B	3.59B	3.57B	3.26B
Cash Flow
Free Cash Flow	-10.78M	626.61M	170.61M	-22.90M	1.40B	-223.03M
Operating Cash Flow	366.74M	995.24M	635.22M	291.18M	1.55B	174.98M
Investing Cash Flow	-477.88M	-218.63M	-721.63M	-314.88M	-146.50M	-377.78M
Financing Cash Flow	-321.32M	-477.97M	-564.42M	-16.62M	-998.09M	392.23M

New Best Wire Industrial Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5013 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1615	71Outperform	TWD 8.37B	8.06	―	5.93%	10.56%	23.77%
TW:5013	65Neutral	TWD 8.83B	30.92	―	1.02%	0.25%	51.97%
TW:6115	61Neutral	TWD 8.05B	13.90	―	6.51%	8.96%	2.49%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3003	54Neutral	TWD 7.46B	19.54	―	2.06%	11.87%	44.15%

* General Sector Average

Performance Comparison

TW:5013 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:5013	New Best Wire Industrial Co., Ltd.	68.60	40.67	145.63%
TW:1615	Dah San Electric Wire & Cable Corp	42.15	-3.57	-7.81%
TW:3003	K.S. Terminals Inc.	48.50	1.31	2.77%
TW:4565	Hong Wei Electrical Industry Co., Ltd.	120.00	14.33	13.56%
TW:6115	I-Sheng Electric Wire & Cable Co., Ltd.	43.00	-0.89	-2.03%
TW:7869	Horng Yu Electric Co. Ltd.	280.00	-95.81	-25.49%

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

New Best Wire Industrial Co., Ltd. AI Stock Analysis