POYA International Co., Ltd. AI Stock Analysis
POYA International Co., Ltd. (5904) AI Stock Analysis
POYA International Co., Ltd.
(TPEx:5904)
POYA scores well on fundamentals, driven by expanding margins, nearly doubled net profit since 2021 and consistently growing operating and free cash flow that comfortably funds expansion and dividends. Technicals reinforce the case, with the share price trading above all key moving averages and momentum indicators positive yet not extended. The score is held back by an expensive ~62x P/E against slowing ~3.5% TTM revenue growth, and by a leveraged capital structure (2.39x debt-to-equity, equity just ~25% of assets) that magnifies returns but limits the margin for error. The 3.45% dividend yield partly offsets the valuation concern.
POYA International Co., Ltd. (5904) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 799.39B
- Dividend Yield
- 3.32%
- Average Volume (3M)
- 6.57M
- Price to Earnings (P/E)
- 62.3
- Beta (1Y)
- 0.25
- Revenue Growth
- 13.02%
- EPS Growth
- 29.92%
- Country
- TW
- Employees
- 5,186
- Sector
- General
- Sector Strength
- 55
- Industry
- Specialty Retail
POYA International Co., Ltd. Business Overview & Revenue Model
Company Description
POYA International Co., Ltd. is a Taiwanese retail chain that manages stores focused on personal beauty products and general daily merchandise. Their extensive inventory spans a wide array of categories, such as cosmetics, jewelry, fashion accessorie...
POYA International Co., Ltd. Financial Statement Overview
Summary
A high-quality retail earnings profile. The income statement (83) shows revenue rising from ~NT$17.5bn in 2021 to NT$28.0bn TTM, with net profit nearly doubling to NT$3.83bn and net margin widening from 10.5% to 13.7%, though TTM revenue growth has slowed to ~3.5%. Cash flow (84) is the standout: operating cash flow has risen every year to NT$6.44bn TTM, exceeding net profit, with NT$5.09bn of free cash flow funding store expansion and dividends. The balance sheet (64) is the weak link — debt-to-equity of 2.39x and equity at only ~25% of assets flatter the 51% ROE and leave limited cushion if demand softens, though total debt at ~2.5x EBITDA remains manageable for a lease-heavy retailer.
Income Statement
83Very PositiveBalance Sheet
64PositiveCash Flow
84Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.96B | 25.32B | 23.63B | 22.08B | 19.48B | 17.47B |
| Gross Profit | 12.02B | 8.74B | 10.67B | 9.74B | 8.41B | 7.66B |
| EBITDA | 7.91B | 6.78B | 6.40B | 5.85B | 5.14B | 4.73B |
| Net Income | 3.83B | 3.14B | 2.80B | 2.53B | 2.07B | 1.84B |
Balance Sheet | ||||||
| Total Assets | 33.33B | 31.66B | 28.56B | 25.71B | 24.39B | 25.01B |
| Cash, Cash Equivalents and Short-Term Investments | 3.41B | 3.68B | 2.84B | 2.00B | 2.60B | 2.87B |
| Total Debt | 19.75B | 18.11B | 16.57B | 14.82B | 13.96B | 16.47B |
| Total Liabilities | 25.06B | 23.55B | 21.41B | 19.40B | 18.32B | 20.03B |
| Stockholders Equity | 8.27B | 8.11B | 7.15B | 6.31B | 6.07B | 4.98B |
Cash Flow | ||||||
| Free Cash Flow | 5.09B | 4.81B | 4.08B | 3.74B | 4.01B | 3.05B |
| Operating Cash Flow | 6.44B | 5.90B | 5.37B | 4.80B | 4.59B | 3.96B |
| Investing Cash Flow | -1.39B | -1.15B | -1.32B | -1.09B | -595.54M | -932.78M |
| Financing Cash Flow | -4.66B | -3.92B | -3.21B | -4.30B | -4.27B | -1.89B |
POYA International Co., Ltd. Peers Comparison
Overall Rating
- TW:590473Outperform
TW:845459Neutral
TW:590355Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5904 | 73Outperform | TWD 81.75B | 62.31 | ― | 3.32% | 13.02% | 29.92% |
| TW:8454 | 59Neutral | TWD 57.90B | 20.62 | ― | 4.65% | 1.08% | -12.59% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:5903 | 55Neutral | TWD 41.07B | 22.58 | ― | 3.53% | 6.93% | 8.29% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:5904 | POYA International Co., Ltd. | 76.80 | 33.93 | 79.14% | |
| TW:5903 | Taiwan FamilyMart Co., Ltd. | 184.00 | 0.05 | 0.03% | |
| TW:8454 | momo.com Incorporated | 215.00 | -23.57 | -9.88% |
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