Sentien Printing Factory Co., Ltd. (8410) AI Stock Analysis

Sentien Printing Factory Co., Ltd.

(TPEx:8410)

Select Model

Rating:64Neutral

Price Target:TWD 24.50▲(6.29% Upside)

Action:initiatedcoverage

Date:11/09/26

Sentien Printing Factory scores in the middle of the range, balancing real financial safety against weak operating momentum. The company's near debt-free balance sheet and consistently positive free cash flow sharply limit financial risk, and the shares look inexpensive at a 5.3x P/E with a near-7% dividend yield. Offsetting that, revenue has stagnated for several years, 2025 earnings more than halved with broad margin compression, and return on equity fell to ~6.4%, indicating capital is not being deployed productively. Technicals reinforce caution: the stock trades below all key moving averages with negative MACD, signalling a sustained downtrend despite heavily depressed oscillator readings. The result is a deep-value, low-leverage income profile offset by shrinking profitability and a persistent price downtrend.

Positive Factors

Conservative Balance SheetLow leverage gives Sentien financial flexibility through industry cycles and reduces the burden of interest and refinancing obligations. A stable-to-growing equity base also supports the asset base, allowing the company to withstand weaker demand while preserving capacity for future investment.

Negative Factors

Declining Revenue TrendTwo consecutive years of revenue contraction indicate that the company has not recently expanded its top line, which can limit operating leverage and reduce resources available for growth initiatives. Persistent weakness would make future margin recovery more dependent on cost control than demand expansion.

Sentien Printing Factory Co., Ltd. (8410) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 826.92M
Dividend Yield: 6.94%
Average Volume (3M): 54.06K
Price to Earnings (P/E): 5.3
Beta (1Y): 0.38
Revenue Growth: -17.97%
EPS Growth: 34.57%
Country: TW
Employees: 218
Sector: General
Sector Strength: 55
Industry: Chemicals - Specialty

Sentien Printing Factory Co., Ltd. Business Overview & Revenue Model

Company Description

Sentien Printing Factory Co., Ltd. specializes in the production, supply, and sale of an array of labeling solutions, including heat transfer, insert mold, and in-mold labels, alongside release foils. The company operates across a broad international...

Sentien Printing Factory Co., Ltd. Financial Statement Overview

Summary

A tale of two halves. The balance sheet (80) is a genuine fortress: debt-to-equity of just 0.08, equity funding ~83% of the NT$2.25bn asset base, and steadily rising shareholders' equity. Cash flow (74) is equally dependable — operating cash flow climbed to ~NT$243m, roughly double net income, with free cash flow up ~43% to ~NT$131m and positive every year since 2020. The drag is the income statement (46): revenue has drifted lower for several years (-3.8% in 2025, below 2020 levels), net income more than halved to NT$120m, and gross, operating and net margins all compressed sharply. Return on equity fell to ~6.4% from 14.9%, pointing to an under-utilized capital base and limited pricing power in a cyclical, input-cost-sensitive business.

Income Statement

46Neutral

Balance Sheet

80Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	984.96M	1.12B	1.17B	1.18B	1.05B	1.13B
Gross Profit	314.28M	382.93M	463.99M	454.19M	191.06M	318.76M
EBITDA	223.65M	261.45M	439.73M	337.68M	117.23M	136.92M
Net Income	160.53M	119.78M	276.03M	195.16M	22.37M	41.88M
Balance Sheet
Total Assets	2.30B	2.25B	2.33B	2.27B	2.03B	1.99B
Cash, Cash Equivalents and Short-Term Investments	947.05M	807.74M	829.56M	812.30M	691.26M	557.81M
Total Debt	196.51M	157.04M	200.09M	239.38M	152.88M	150.97M
Total Liabilities	452.56M	384.38M	473.99M	598.52M	537.42M	498.30M
Stockholders Equity	1.84B	1.87B	1.86B	1.67B	1.50B	1.49B
Cash Flow
Free Cash Flow	170.72M	131.02M	137.34M	102.27M	156.72M	147.07M
Operating Cash Flow	261.50M	242.96M	211.43M	216.19M	268.53M	239.94M
Investing Cash Flow	-166.60M	-86.72M	-135.32M	-260.80M	-684.08M	-92.53M
Financing Cash Flow	-91.78M	-153.48M	-134.33M	32.78M	-21.20M	-165.38M

Sentien Printing Factory Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8410 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8410	64Neutral	TWD 843.38M	5.26	―	6.94%	-17.97%	34.57%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8443	46Neutral	TWD 724.78M	-6.91	―	1.84%	-8.69%	-40.73%
TW:8921	46Neutral	TWD 766.44M	-35.80	―	1.62%	1.69%	-114.61%
TW:6593	42Neutral	TWD 981.30M	-11.72	―	1.42%	-0.05%	-20.36%
TW:8450	40Underperform	TWD 736.30M	-4.69	―	―	25.50%	22.27%
TW:8421	38Underperform	TWD 853.77M	31.39	―	―	10.54%	―

* General Sector Average

Performance Comparison

TW:8410 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8410	Sentien Printing Factory Co., Ltd.	23.05	-13.05	-36.15%
TW:6593	Taiwan Name Plate Co., Ltd.	31.40	-9.70	-23.60%
TW:8421	Xu Yuan Packaging Technology Co., Ltd.	13.65	1.57	12.97%
TW:8443	SHUI-MU International Co., Ltd.	10.85	-0.85	-7.26%
TW:8450	Pili International Multimedia Co., Ltd.	14.35	-2.80	-16.33%
TW:8921	Shen's Art Printing Co., Ltd.	16.45	-0.30	-1.80%

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

Sentien Printing Factory Co., Ltd. AI Stock Analysis