Brave C&H Supply Co., Ltd. (6538) AI Stock Analysis

Brave C&H Supply Co., Ltd.

(TPEx:6538)

Select Model

Rating:48Neutral

Price Target:TWD 290.00▼(-1.19% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is heavily constrained by an extremely high valuation and weak technical momentum. The company's strong balance sheet and cash flow provide a floor, but the severe deterioration in profitability and recent revenue contraction are major risks that the current stock price does not reflect.

Positive Factors

Low LeverageConservative leverage and a sizable equity base provide financial resilience over the next several quarters. Limited debt reduces refinancing and interest-burden pressure, while the equity cushion gives the company greater flexibility to absorb weaker earnings or fund operations.

Negative Factors

Revenue ContractionThe substantial revenue decline signals weaker demand, reduced business activity, or another pressure on the company’s top line. Lower revenue can reduce operating leverage and make it harder to restore prior profitability, especially if the contraction persists across the next several reporting periods.

Brave C&H Supply Co., Ltd. (6538) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 10.94B
Dividend Yield: 0.52%
Average Volume (3M): 3.52M
Price to Earnings (P/E): 69.1
Beta (1Y): 0.56
Revenue Growth: -2.42%
EPS Growth: 66.87%
Country: TW
Employees: 728
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

Brave C&H Supply Co., Ltd. Business Overview & Revenue Model

Company Description

Brave C&H Supply Co.,Ltd. is a global manufacturer and supplier of specialized high-precision screens and related screen printing materials. Their advanced precision screens are integral to various industries, finding applications in vehicle dashboar...

Brave C&H Supply Co., Ltd. Financial Statement Overview

Summary

Financial performance is mixed. A strong balance sheet (Score 72) with low debt and robust operating cash flow (Score 65) provide a solid foundation. However, the income statement (Score 28) shows severe margin compression and a recent revenue decline, significantly dragging down the overall financial health.

Income Statement

28Negative

Balance Sheet

72Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.50B	1.45B	2.21B	2.15B	1.49B	1.32B
Gross Profit	627.81M	479.89M	954.33M	926.28M	563.84M	539.69M
EBITDA	314.41M	192.99M	640.17M	591.20M	342.49M	324.50M
Net Income	158.09M	42.88M	343.99M	339.51M	170.41M	154.00M
Balance Sheet
Total Assets	3.06B	2.84B	3.19B	2.88B	2.55B	2.38B
Cash, Cash Equivalents and Short-Term Investments	753.80M	991.28M	841.48M	555.49M	685.04M	1.13B
Total Debt	190.04M	409.16M	428.88M	162.22M	197.30M	155.06M
Total Liabilities	823.33M	930.65M	1.12B	918.87M	804.80M	711.54M
Stockholders Equity	2.24B	1.91B	2.07B	1.96B	1.75B	1.67B
Cash Flow
Free Cash Flow	-110.96M	419.59M	238.86M	53.75M	-428.62M	513.09M
Operating Cash Flow	102.71M	608.77M	617.82M	227.99M	115.56M	612.10M
Investing Cash Flow	-94.16M	-447.86M	-344.23M	-101.73M	-470.22M	-120.89M
Financing Cash Flow	-140.13M	-266.38M	5.42M	-173.76M	-45.70M	-180.23M

Brave C&H Supply Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6538 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5443	60Neutral	TWD 14.29B	27.38	―	2.51%	12.27%	46.93%
TW:3587	59Neutral	TWD 13.87B	22.71	―	2.17%	-15.79%	34.88%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6438	52Neutral	TWD 11.76B	24.74	―	3.50%	16.16%	-10.73%
TW:6538	48Neutral	TWD 10.94B	69.06	―	0.52%	-2.42%	66.87%
TW:2338	40Underperform	TWD 12.59B	-29.92	―	―	-15.28%	82.42%
TW:3055	40Underperform	TWD 14.40B	-122.48	―	0.37%	3.62%	56.40%

* General Sector Average

Performance Comparison

TW:6538 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6538	Brave C&H Supply Co., Ltd.	293.50	229.62	359.44%
TW:2338	Taiwan Mask Corp.	38.60	3.05	8.57%
TW:3055	Spirox Corporation	133.50	75.58	130.51%
TW:3587	Materials Analysis Technology Inc.	193.50	7.68	4.13%
TW:5443	Gallant Precision Machining Co., Ltd.	87.60	5.87	7.18%
TW:6438	Symtek Automation Asia Co., Ltd.	143.00	23.25	19.41%

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

Brave C&H Supply Co., Ltd. AI Stock Analysis