Wellpool Co., Ltd (8424) AI Stock Analysis

Wellpool Co., Ltd

(TPEx:8424)

Select Model

Rating:79Outperform

Price Target:TWD 77.00▲(13.74% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by strong financial performance and a highly conservative balance sheet, supported by attractive valuation. Bearish technical trends and oversold momentum indicators materially reduce the score.

Positive Factors

Improving ProfitabilityThe sharp improvement in revenue and margins indicates stronger operating performance and better earnings capacity. Gross, operating, and net profitability provide an established base for reinvestment and shareholder returns, although sustaining these levels will depend on continued execution.

Negative Factors

Cyclical Revenue VolatilityThe uneven revenue pattern suggests demand can vary materially across the business cycle, making future growth less predictable than the latest annual increase implies. Such volatility can complicate capacity planning, budgeting, and the ability to sustain recent margin and earnings improvements.

Wellpool Co., Ltd (8424) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.44B
Dividend Yield: 7.39%
Average Volume (3M): 12.06K
Price to Earnings (P/E): 10.9
Beta (1Y): 0.08
Revenue Growth: -0.52%
EPS Growth: 15.98%
Country: TW
Employees: 148
Sector: General
Sector Strength: 55
Industry: Construction Materials

Wellpool Co., Ltd Business Overview & Revenue Model

Company Description

Wellpool Co., Ltd. operates as a Taiwanese manufacturer and distributor, focusing on environmentally friendly, flame-retardant construction materials. Their product line notably includes asbestos-free calcium silicate and fiber cement panels. The com...

Wellpool Co., Ltd Financial Statement Overview

Summary

Strong profitability, an exceptionally low debt-to-equity ratio, improving return on equity, and consistently positive free cash flow support a high score. Uneven historical revenue growth and cash-flow volatility are moderate weaknesses.

Income Statement

88Very Positive

Balance Sheet

97Very Positive

Cash Flow

84Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.07B	1.08B	1.03B	951.61M	1.03B	891.14M
Gross Profit	363.13M	375.51M	302.56M	261.63M	312.41M	278.87M
EBITDA	277.24M	281.97M	247.23M	232.29M	276.91M	252.67M
Net Income	223.83M	209.26M	166.38M	153.03M	187.63M	166.09M
Balance Sheet
Total Assets	1.36B	1.39B	1.33B	1.28B	1.30B	1.24B
Cash, Cash Equivalents and Short-Term Investments	214.84M	258.77M	223.40M	171.38M	192.32M	157.34M
Total Debt	42.63M	3.83M	34.57M	468.00K	1.70M	1.69M
Total Liabilities	250.55M	224.02M	209.23M	181.71M	183.78M	159.87M
Stockholders Equity	1.11B	1.17B	1.12B	1.09B	1.11B	1.08B
Cash Flow
Free Cash Flow	206.45M	207.98M	167.51M	149.30M	197.55M	129.24M
Operating Cash Flow	242.68M	266.19M	270.10M	168.27M	225.53M	139.54M
Investing Cash Flow	-56.86M	-72.45M	-82.75M	-40.76M	-58.20M	-9.83M
Financing Cash Flow	-201.09M	-188.87M	-125.34M	-161.17M	-162.84M	-144.70M

Wellpool Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8424 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8424	79Outperform	TWD 2.44B	10.92	―	7.39%	-0.52%	15.98%
TW:4305	76Outperform	TWD 2.21B	8.22	―	7.73%	-5.79%	63.25%
TW:6754	68Neutral	TWD 2.64B	12.08	―	8.75%	-25.08%	-14.47%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6128	40Underperform	TWD 2.28B	-1.83	―	2.79%	-5.23%	-561.00%
TW:9919	39Underperform	TWD 2.50B	-4.01	―	1.56%	-7.03%	-104.89%
TW:2025	31Underperform	TWD 2.20B	8.35	―	―	46.75%	―

* General Sector Average

Performance Comparison

TW:8424 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8424	Wellpool Co., Ltd	67.70	-0.49	-0.72%
TW:2025	Chien Shing Stainless Steel Co., Ltd.	10.85	1.95	21.95%
TW:4305	Shih-Kuen Plastics Co., Ltd.	40.10	0.47	1.18%
TW:6128	General Plastic Industrial Co., Ltd.	17.90	-4.21	-19.03%
TW:6754	Rich Honour International Designs Co., Ltd.	40.00	-2.66	-6.24%
TW:9919	KNH Enterprise Co., Ltd.	12.80	-4.00	-23.81%

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

Wellpool Co., Ltd AI Stock Analysis