YeaShin International Development Co. Ltd. (5213) AI Stock Analysis

YeaShin International Development Co. Ltd.

(TPEx:5213)

Select Model

Rating:49Neutral

Price Target:TWD 19.50▲(0.26% Upside)

Action:initiatedcoverage

Date:11/10/26

Weak financial quality is the primary constraint, driven by negative cash flow, high leverage, and slowing revenue and margins. Technical momentum is also unfavorable, while the low P/E ratio and high dividend yield provide meaningful valuation support but do not fully offset the fundamental risks.

Positive Factors

Healthy operating marginsConsistently healthy gross and EBIT margins indicate that YeaShin can retain meaningful operating profitability when projects are recognized. This provides an earnings buffer against revenue fluctuations and supports the company’s ability to reinvest in development activity over the next several quarters.

Negative Factors

High structural leverageDebt-to-equity near 3.0–3.9x leaves YeaShin with limited balance-sheet flexibility and makes the business more sensitive to cyclical weakness or tighter funding conditions. High leverage can also constrain capital allocation and increase the consequences of project delays or weaker demand.

YeaShin International Development Co. Ltd. (5213) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 14.72B
Dividend Yield: 14.40%
Average Volume (3M): 206.12K
Price to Earnings (P/E): 11.7
Beta (1Y): 0.20
Revenue Growth: -32.16%
EPS Growth: -55.65%
Country: TW
Employees: 55
Sector: General
Sector Strength: 55
Industry: Real Estate - Development

YeaShin International Development Co. Ltd. Business Overview & Revenue Model

Company Description

YeaShin International Development Co., Ltd. operates as a real estate developer primarily across Taiwan and Malaysia, concentrating on both residential and commercial property ventures. The company's diverse activities include hotel management, in ad...

YeaShin International Development Co. Ltd. Financial Statement Overview

Summary

Profitability remains positive, but declining revenue and margins, high leverage, and consistently negative operating and free cash flow materially weaken financial quality.

Income Statement

62Positive

Balance Sheet

35Negative

Cash Flow

12Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	12.02B	18.03B	8.69B	5.59B	2.93B	3.05B
Gross Profit	3.45B	4.94B	2.64B	1.85B	759.92M	811.90M
EBITDA	2.32B	3.46B	1.75B	1.75B	603.66M	567.95M
Net Income	1.16B	2.14B	943.96M	1.23B	268.48M	253.14M
Balance Sheet
Total Assets	70.03B	73.16B	70.15B	54.84B	50.41B	42.92B
Cash, Cash Equivalents and Short-Term Investments	2.31B	2.77B	3.24B	2.25B	3.17B	2.84B
Total Debt	47.79B	48.55B	45.06B	35.02B	33.79B	29.17B
Total Liabilities	54.17B	55.55B	55.08B	42.85B	40.54B	34.02B
Stockholders Equity	14.41B	16.20B	13.74B	10.75B	8.63B	7.64B
Cash Flow
Free Cash Flow	-1.27B	-5.60B	-10.84B	-2.12B	-4.92B	-7.17B
Operating Cash Flow	-952.92M	-5.11B	-10.64B	-2.10B	-4.89B	-7.15B
Investing Cash Flow	-423.20M	-287.65M	-520.23M	220.13M	-265.18M	-505.10M
Financing Cash Flow	1.68B	3.77B	12.20B	2.36B	5.07B	7.99B

YeaShin International Development Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5213 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2546	74Outperform	TWD 13.19B	6.11	―	5.26%	13.48%	52.98%
TW:2543	57Neutral	TWD 15.06B	10.89	―	5.01%	30.85%	-14.12%
TW:2530	56Neutral	TWD 15.35B	27.01	―	6.70%	-59.46%	-71.61%
TW:3703	56Neutral	TWD 19.72B	8.71	―	4.40%	17.98%	267.52%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:5213	49Neutral	TWD 14.98B	11.69	―	14.40%	-32.16%	-55.65%
TW:2545	41Neutral	TWD 11.83B	36.84	―	8.96%	-24.11%	-43.91%

* General Sector Average

Performance Comparison

TW:5213 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:5213	YeaShin International Development Co. Ltd.	19.45	-1.73	-8.16%
TW:2530	Delpha Construction Co., Ltd.	18.05	-8.59	-32.25%
TW:2543	Hwang Chang General Contractor Co., Ltd.	30.50	-28.92	-48.67%
TW:2545	Huang Hsiang Construction Corporation	31.25	-5.76	-15.57%
TW:2546	Kedge Construction Co., Ltd.	91.30	13.56	17.44%
TW:3703	Continental Holdings Corp.	23.85	2.83	13.47%

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 10, 2026

YeaShin International Development Co. Ltd. AI Stock Analysis