JSW Pacific Corporation (5251) AI Stock Analysis

JSW Pacific Corporation

(TPEx:5251)

Select Model

Rating:49Neutral

Price Target:TWD 23.00▼(-7.07% Downside)

Action:initiatedcoverage

Date:11/10/26

Weak profitability and cash generation are the primary constraints, despite a strong balance sheet and very low leverage. Bearish technical trends further weigh on the score, while oversold momentum conditions and a neutral valuation provide limited support.

Positive Factors

Very Low LeverageVery low leverage reduces interest and refinancing pressure, giving the company greater flexibility during operating volatility. This conservative capital structure can help preserve resilience, support continued investment, and provide more time for management to restore stronger profitability and cash generation.

Negative Factors

Volatile Revenue TrendLarge year-to-year revenue swings make the company’s earnings base difficult to forecast and suggest that recent recovery has not yet become durable. Continued volatility can disrupt planning, reduce operating leverage, and make it harder to sustain investment or build consistent shareholder returns.

JSW Pacific Corporation (5251) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 728.08M
Dividend Yield: ―
Average Volume (3M): 208.10K
Price to Earnings (P/E): 20.9
Beta (1Y): 0.14
Revenue Growth: -0.48%
EPS Growth: ―
Country: TW
Employees: 80
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

JSW Pacific Corporation Business Overview & Revenue Model

Company Description

JSW Pacific Corporation, based in New Taipei City, Taiwan, is a company established in 1992 that specializes in developing, manufacturing, and distributing a comprehensive range of security surveillance and wireless connectivity solutions. Its produc...

JSW Pacific Corporation Financial Statement Overview

Summary

The strong, low-leverage balance sheet is offset by declining revenue, negative operating earnings, minimal net profitability, and negative operating and free cash flow.

Income Statement

42Neutral

Balance Sheet

82Very Positive

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	320.16M	305.38M	276.82M	179.15M	307.10M	194.58M
Gross Profit	136.28M	116.08M	110.27M	52.78M	102.53M	57.25M
EBITDA	21.13M	-4.01M	24.50M	-42.87M	-4.29M	-61.52M
Net Income	37.52M	1.00M	1.99M	-61.88M	-19.14M	-77.56M
Balance Sheet
Total Assets	510.09M	474.02M	505.77M	483.05M	560.20M	560.40M
Cash, Cash Equivalents and Short-Term Investments	278.30M	269.47M	281.45M	292.18M	287.22M	252.69M
Total Debt	8.22M	10.14M	1.03M	6.65M	12.13M	16.79M
Total Liabilities	78.68M	73.39M	104.61M	90.12M	107.08M	99.85M
Stockholders Equity	431.41M	400.64M	401.17M	392.92M	453.12M	460.55M
Cash Flow
Free Cash Flow	-33.12M	-17.47M	-38.26M	8.49M	-35.36M	-48.95M
Operating Cash Flow	-30.47M	-13.93M	-35.09M	9.37M	-30.33M	-45.50M
Investing Cash Flow	34.80M	131.45M	-12.00M	-28.12M	-4.63M	71.27M
Financing Cash Flow	-4.60M	-4.95M	-6.87M	-5.37M	-5.88M	-4.87M

JSW Pacific Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5251 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6294	60Neutral	TWD 696.76M	10.06	―	11.28%	-12.40%	-35.00%
TW:8176	59Neutral	TWD 580.85M	35.14	―	―	-46.30%	-54.49%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3297	49Neutral	TWD 897.35M	26.67	―	―	24.69%	146.29%
TW:5251	49Neutral	TWD 787.98M	20.90	―	―	-0.48%	―
TW:6229	37Underperform	TWD 809.23M	21.89	―	2.72%	34.82%	―
TW:3057	33Underperform	TWD 834.73M	-8.11	―	―	0.03%	9.46%

* General Sector Average

Performance Comparison

TW:5251 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:5251	JSW Pacific Corporation	24.75	-12.75	-34.00%
TW:3057	Promise Technology, Inc.	12.35	-3.80	-23.53%
TW:3297	Hunt Electronic Co., Ltd.	25.50	-20.05	-44.02%
TW:6229	V-TAC Technology co., Ltd.	22.05	-0.82	-3.57%
TW:6294	Tekom Technologies, Inc.	26.60	-16.94	-38.91%
TW:8176	Z-Com, Inc.	11.30	-1.47	-11.50%

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

JSW Pacific Corporation AI Stock Analysis