Jiyuan Packaging Holdings Ltd. AI Stock Analysis
Jiyuan Packaging Holdings Ltd. (8488) AI Stock Analysis
Jiyuan Packaging Holdings Ltd.
(TWSE:8488)
Jiyuan Packaging scores poorly, driven primarily by deteriorating fundamentals: four straight years of revenue decline, razor-thin 3.6% gross margins, a widening net loss, and negative returns on a shrinking equity base alongside debt that has roughly doubled since 2023. Technicals reinforce the caution, with the share price below all major moving averages, a negative MACD and weak momentum readings. Valuation provides no cushion given negative earnings and no dividend. The main offsetting positive is that the business remains free-cash-flow positive with disciplined capital spending, which buys time to restructure, but a recovery requires revenue stabilization, margin repair and debt reduction.
Jiyuan Packaging Holdings Ltd. (8488) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 599.02M
- Dividend Yield
- ―
- Average Volume (3M)
- 69.91K
- Price to Earnings (P/E)
- -14.8
- Beta (1Y)
- 0.39
- Revenue Growth
- 28.79%
- EPS Growth
- 51.37%
- Country
- TW
- Employees
- 538
- Sector
- General
- Sector Strength
- 55
- Industry
- Packaging & Containers
Jiyuan Packaging Holdings Ltd. Business Overview & Revenue Model
Company Description
Jiyuan Packaging Holdings Limited operates as an investment holding company primarily engaged in the manufacturing and distribution of three-piece tin and two-piece aluminum cans throughout China. Its tinplate cans are specifically designed for packa...
Jiyuan Packaging Holdings Ltd. Financial Statement Overview
Summary
Fundamentals are weak across the board. Revenue has declined four consecutive years to NT$3.08 billion (down ~24% from the 2021 peak), gross margin has compressed to just 3.6%, and the company swung to an operating loss of NT$129 million and a widened net loss of NT$151 million (-4.9% net margin). The balance sheet is serviceable but deteriorating: debt remains elevated at NT$2.13 billion after more than doubling since 2023, equity has eroded for two straight years, and ROE is -6.4%, raising interest-coverage risk. The relative bright spot is positive free cash flow of NT$75 million with modest capex, but that figure fell ~41% year over year and represents only ~3% of revenue — thin against the debt load.
Income Statement
20Very NegativeBalance Sheet
42NeutralCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.84B | 3.08B | 3.32B | 3.83B | 3.93B | 4.05B |
| Gross Profit | 191.65M | 110.76M | 163.67M | 234.60M | 156.37M | 281.44M |
| EBITDA | 162.10M | 64.41M | 260.19M | 208.67M | 192.89M | 316.65M |
| Net Income | -27.79M | -150.73M | -28.60M | -118.05M | -68.35M | 50.33M |
Balance Sheet | ||||||
| Total Assets | 5.56B | 5.16B | 5.50B | 5.30B | 5.78B | 6.18B |
| Cash, Cash Equivalents and Short-Term Investments | 1.11B | 1.12B | 1.16B | 954.46M | 778.65M | 1.00B |
| Total Debt | 2.39B | 2.13B | 2.33B | 942.16M | 1.24B | 2.85B |
| Total Liabilities | 3.10B | 2.79B | 2.95B | 2.94B | 3.29B | 3.63B |
| Stockholders Equity | 2.46B | 2.35B | 2.55B | 2.36B | 2.49B | 2.54B |
Cash Flow | ||||||
| Free Cash Flow | -35.37M | 74.94M | 112.76M | 556.11M | -130.15M | 253.72M |
| Operating Cash Flow | -1.64M | 96.41M | 168.12M | 712.82M | 28.96M | 512.85M |
| Investing Cash Flow | -141.77M | -136.03M | 122.76M | -218.75M | -69.02M | -533.99M |
| Financing Cash Flow | 406.31M | -190.31M | -64.26M | -183.17M | -172.76M | 53.84M |
Jiyuan Packaging Holdings Ltd. Peers Comparison
Overall Rating
TW:470248Neutral
TW:892146Neutral
TW:132443Neutral
TW:892939Underperform- TW:848835Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4702 | 48Neutral | TWD 676.32M | 3.56 | ― | 5.36% | -30.82% | 387.63% |
| TW:8921 | 46Neutral | TWD 766.44M | -34.85 | ― | 1.66% | 1.69% | -114.61% |
| TW:1324 | 43Neutral | TWD 709.90M | -21.55 | ― | 2.12% | -12.03% | 25.26% |
| TW:8929 | 39Underperform | TWD 629.73M | 34.38 | ― | ― | -3.17% | 36.93% |
| TW:8488 | 35Underperform | TWD 606.38M | -14.77 | ― | ― | 28.79% | 51.37% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8488 | Jiyuan Packaging Holdings Ltd. | 8.27 | -2.08 | -20.10% | |
| TW:1324 | Globe Industries Corp. Ltd. | 9.27 | -1.38 | -12.96% | |
| TW:2940 | Sun Own Industrial Co., Ltd. | 23.95 | -0.44 | -1.78% | |
| TW:4702 | Allied Industrial Corp., Ltd. | 9.32 | -0.19 | -2.02% | |
| TW:8921 | Shen's Art Printing Co., Ltd. | 16.00 | -0.75 | -4.49% | |
| TW:8929 | Fu Burg Industrial Co., Ltd. | 12.45 | -4.15 | -25.00% |
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