Zimmite Taiwan Ltd. AI Stock Analysis
Zimmite Taiwan Ltd. (8435) AI Stock Analysis
Zimmite Taiwan Ltd.
(TPEx:8435)
Zimmite Taiwan scores well on financial quality: an essentially debt-free balance sheet, roughly 50% gross and 20% net margins, and near-complete conversion of profit into free cash flow give it very low financial risk and ample capacity to sustain its payout. That strength is reinforced by an inexpensive 9.5x P/E, a 6.19% dividend yield and a very low beta of 0.14. The score is held back by two factors: a top line that has declined to a six-year low of NT$617.9 million, which is compressing operating margins and pulling ROE down to 15.6%, and soft technicals, with the price below all major moving averages and a negative MACD. The result is a resilient, cash-rich income candidate that needs evidence of renewed revenue momentum before the earnings and share-price trajectory can turn higher.
Zimmite Taiwan Ltd. (8435) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.84B
- Dividend Yield
- 6.17%
- Average Volume (3M)
- 22.55K
- Price to Earnings (P/E)
- 9.5
- Beta (1Y)
- 0.15
- Revenue Growth
- -6.10%
- EPS Growth
- 56.34%
- Country
- TW
- Employees
- 30
- Sector
- General
- Sector Strength
- 55
- Industry
- Chemicals
Zimmite Taiwan Ltd. Business Overview & Revenue Model
Company Description
Zimmite Taiwan Ltd. is a specialist in industrial water treatment, operating across both Taiwan and China. The company offers an extensive range of chemical solutions designed for various applications. Its product portfolio includes: Cooling water sy...
Zimmite Taiwan Ltd. Financial Statement Overview
Summary
A high-quality, conservatively run niche chemicals business. The balance sheet is the standout (score 88): debt-to-equity of roughly 1.4% is effectively debt-free, equity funds about 84% of assets, and ROE remains solid at 15.6%. Cash flow is also strong (82): operating cash flow of NT$143.4 million covered net income 1.16x and free cash flow of NT$138.6 million converted about 97% of earnings, the best rate in six years. The income statement is the weak link (68): revenue fell to NT$617.9 million from NT$721.1 million, the lowest of the past six years, and the loss of operating leverage pushed EBIT margin down to 22.5% from 27.5% and net income to NT$123.9 million from NT$148.5 million. Gross margin near 49.6% and net margin of 20.1% confirm durable pricing power, but the absence of revenue growth, softening ROE (down from 18.3%) and a shrinking asset base cap the score.
Income Statement
68PositiveBalance Sheet
88Very PositiveCash Flow
82Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 644.13M | 617.86M | 721.07M | 706.32M | 768.82M | 773.14M |
| Gross Profit | 305.34M | 306.29M | 355.38M | 344.66M | 347.64M | 380.40M |
| EBITDA | 150.04M | 163.81M | 224.38M | 209.32M | 193.56M | 193.77M |
| Net Income | 178.46M | 123.91M | 148.49M | 138.52M | 126.78M | 127.89M |
Balance Sheet | ||||||
| Total Assets | 1.41B | 949.88M | 997.24M | 980.08M | 1.03B | 1.03B |
| Cash, Cash Equivalents and Short-Term Investments | 592.84M | 571.44M | 580.54M | 551.18M | 570.79M | 579.95M |
| Total Debt | 94.25M | 10.87M | 11.21M | 14.52M | 12.19M | 14.64M |
| Total Liabilities | 393.52M | 156.03M | 185.03M | 196.49M | 258.11M | 268.82M |
| Stockholders Equity | 940.11M | 793.85M | 812.22M | 783.58M | 769.97M | 759.63M |
Cash Flow | ||||||
| Free Cash Flow | 102.82M | 138.56M | 163.21M | 101.34M | 125.56M | 153.01M |
| Operating Cash Flow | 110.39M | 143.38M | 173.44M | 115.82M | 136.76M | 169.84M |
| Investing Cash Flow | -61.59M | 43.98M | -28.82M | -117.54M | -40.49M | -282.74M |
| Financing Cash Flow | 27.65M | -151.21M | -136.31M | -130.29M | -130.19M | -120.94M |
Zimmite Taiwan Ltd. Peers Comparison
Overall Rating
- TW:843572Outperform
TW:682332Underperform
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8435 | Zimmite Taiwan Ltd. | 51.90 | 1.13 | 2.23% | |
| TW:6812 | SAULTECH Technology Co., Ltd. | 69.40 | 20.40 | 41.63% | |
| TW:6823 | Greenfiltec Ltd. | 52.10 | -29.50 | -36.15% | |
| TW:6887 | BORETECH Resource Recovery Engineering Co Ltd | 25.60 | -35.22 | -57.91% | |
| TW:7507 | Enrestec, Inc. | 17.60 | -23.80 | -57.49% | |
| TW:7857 | AsWater Advanced Envirotech Ltd | 24.15 | -16.79 | -41.01% |
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