Chin Hsin Environ Engineering Co. Ltd. (6951) AI Stock Analysis

Chin Hsin Environ Engineering Co. Ltd.

(TWSE:6951)

Select Model

Rating:74Outperform

Price Target:TWD 70.00▲(13.64% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong financial performance is the primary support, driven by profitability, improving returns and very low leverage. Attractive valuation also contributes positively, while weak technical momentum and sharply reduced free cash flow limit the score.

Positive Factors

High Profitability and Expanding ScaleThe combination of exceptionally strong 2025 margins and substantial multi-year revenue expansion indicates an economically attractive operating model. If these margins remain durable, the company should retain meaningful earnings capacity to support reinvestment, resilience, and shareholder returns over the coming quarters.

Negative Factors

Volatile Free Cash Flow ConversionProfitability has not consistently translated into free cash flow, creating uncertainty about the cash available for dividends, reinvestment, or balance-sheet strengthening. Volatility in working capital or investment needs could continue to make shareholder returns less predictable even when reported earnings remain strong.

Chin Hsin Environ Engineering Co. Ltd. (6951) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.27B
Dividend Yield: 5.08%
Average Volume (3M): 26.58K
Price to Earnings (P/E): 11.6
Beta (1Y): 0.17
Revenue Growth: 15.67%
EPS Growth: -3.73%
Country: TW
Employees: 166
Sector: General
Sector Strength: 55
Industry: Waste Management

Chin Hsin Environ Engineering Co. Ltd. Business Overview & Revenue Model

Company Description

Chin Hsin Environ Engineering Co., Ltd. provides general, hazardous industrial, and biomedical waste removal and treatment services in Taiwan. The company offers sludge, organic solvent, and waste chemical removal products for business waste applicat...

Chin Hsin Environ Engineering Co. Ltd. Financial Statement Overview

Summary

Strong profitability, growth, equity and low leverage support the score. The equal-weight average of the income statement, balance sheet and cash flow scores is 79; weaker free cash flow and cash conversion are the main limitation.

Income Statement

86Very Positive

Balance Sheet

91Very Positive

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	946.44M	865.62M	698.73M	487.48M	447.41M	249.93M
Gross Profit	565.45M	509.93M	402.30M	256.22M	214.88M	100.78M
EBITDA	463.48M	417.11M	321.82M	178.05M	149.72M	75.29M
Net Income	284.47M	247.74M	210.74M	104.53M	86.71M	34.65M
Balance Sheet
Total Assets	1.71B	1.63B	1.54B	1.10B	1.05B	697.00M
Cash, Cash Equivalents and Short-Term Investments	365.37M	473.00M	616.90M	320.49M	328.27M	213.17M
Total Debt	67.91M	86.74M	94.82M	87.19M	89.18M	93.70M
Total Liabilities	596.85M	475.54M	466.60M	446.10M	454.24M	309.28M
Stockholders Equity	1.11B	1.15B	1.08B	643.80M	587.25M	377.72M
Cash Flow
Free Cash Flow	54.76M	59.49M	-69.73M	73.56M	109.70M	33.23M
Operating Cash Flow	368.73M	356.28M	-2.92M	142.55M	172.50M	43.20M
Investing Cash Flow	-308.41M	-331.37M	-173.61M	-87.58M	-154.60M	-54.12M
Financing Cash Flow	-195.76M	-177.79M	189.31M	-62.75M	97.21M	135.74M

Chin Hsin Environ Engineering Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6951 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6951	74Outperform	TWD 3.18B	11.58	―	5.08%	15.67%	-3.73%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8476	38Underperform	TWD 2.94B	66.39	―	1.13%	-0.58%	-19.41%

* General Sector Average

Performance Comparison

TW:6951 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6951	Chin Hsin Environ Engineering Co. Ltd.	61.60	-0.28	-0.46%
TW:6750	Tech-Top Engineering CO. LTD.	55.30	17.12	44.84%
TW:7820	Liying Environmental Protection Technology Co., Ltd.	91.00	-95.64	-51.24%
TW:7846	Htc & Solar Tech Service Limited	80.90	42.91	112.96%
TW:7921	Recharge Power Co., Ltd.	73.10	-73.24	-50.05%
TW:8476	Taiwan Environment Scientific Co., Ltd.	17.65	-0.40	-2.22%

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

Chin Hsin Environ Engineering Co. Ltd. AI Stock Analysis