Wiselink Co Ltd. AI Stock Analysis
Wiselink Co Ltd. (8932) AI Stock Analysis
Wiselink Co Ltd.
(TPEx:8932)
Wiselink earns an above-average score driven primarily by outstanding financial performance: rapid revenue growth, dramatic margin expansion, a conservative 0.25x debt-to-equity ratio, ~33% ROE, and solid free cash flow conversion. Offsetting this strength is a weak technical setup — the share price sits below all major moving averages with negative MACD and deeply depressed RSI and Stochastic readings, pointing to persistent selling pressure. Valuation adds further caution, as a 36.5x P/E and a sub-1% dividend yield leave little margin for error should the company's unusually high margins prove unsustainable. The result is a fundamentally strong business currently facing significant price-trend headwinds and a demanding valuation.
Wiselink Co Ltd. (8932) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 30.70B
- Dividend Yield
- 0.90%
- Average Volume (3M)
- 2.41M
- Price to Earnings (P/E)
- 37.6
- Beta (1Y)
- 0.55
- Revenue Growth
- 23.79%
- EPS Growth
- 55.87%
- Country
- TW
- Employees
- 327
- Sector
- General
- Sector Strength
- 55
- Industry
- Apparel - Manufacturers
Wiselink Co Ltd. Business Overview & Revenue Model
Company Description
Wiselink Co., Ltd., a company with a global reach, specializes in the production and distribution of a diverse range of zippers. Established in 1978 and based in Taipei, Taiwan, the firm supplies various zipper types, including those crafted from nyl...
Wiselink Co Ltd. Financial Statement Overview
Summary
Exceptionally strong fundamentals across all three statements. Revenue has nearly tripled since 2020 (+52% in the latest year), with gross margin expanding to ~63%, operating margin to ~45%, and net margin to ~33% — far above typical apparel manufacturing levels. The balance sheet is conservative, with debt-to-equity down to ~0.25x and equity more than tripling, while ROE of ~33% signals excellent capital efficiency. Cash flow supports earnings quality, with operating cash flow of ~NT$791M covering net income 1.27x and free cash flow of ~NT$677M. Key risks: margins and growth at these levels may not be sustainable, cash flow has been lumpy and capex-sensitive (negative FCF in 2021 and 2023), and the strong record rests on only two to three years following a stretch of losses.
Income Statement
88Very PositiveBalance Sheet
84Very PositiveCash Flow
85Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.41B | 2.27B | 1.49B | 961.21M | 798.96M | 942.73M |
| Gross Profit | 1.50B | 1.43B | 838.79M | 369.31M | 121.28M | 98.82M |
| EBITDA | 1.20B | 1.07B | 584.14M | 241.33M | 45.72M | 2.38M |
| Net Income | 754.05M | 744.67M | 318.56M | 88.19M | -29.03M | -66.90M |
Balance Sheet | ||||||
| Total Assets | 3.98B | 3.45B | 2.44B | 1.74B | 1.51B | 1.59B |
| Cash, Cash Equivalents and Short-Term Investments | 2.15B | 1.70B | 950.20M | 345.76M | 436.81M | 356.64M |
| Total Debt | 714.67M | 568.16M | 569.69M | 546.36M | 648.00M | 712.64M |
| Total Liabilities | 1.49B | 1.02B | 893.32M | 739.66M | 772.85M | 886.93M |
| Stockholders Equity | 2.46B | 2.28B | 1.46B | 971.19M | 738.41M | 704.48M |
Cash Flow | ||||||
| Free Cash Flow | 1.04B | 676.54M | 458.80M | -220.50M | 70.02M | -251.94M |
| Operating Cash Flow | 1.08B | 791.43M | 677.15M | 72.54M | 88.47M | 35.45M |
| Investing Cash Flow | -254.76M | -282.89M | -236.23M | -274.77M | -5.08M | -328.82M |
| Financing Cash Flow | 145.98M | 87.86M | 80.97M | 114.63M | -2.52M | 496.29M |
Wiselink Co Ltd. Peers Comparison
Overall Rating
TW:619768Neutral- TW:893266Neutral
TW:360564Neutral
TW:671548Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6197 | 68Neutral | TWD 29.56B | 19.11 | ― | 2.89% | 21.34% | 60.27% |
| TW:8932 | 66Neutral | TWD 34.00B | 37.64 | ― | 0.90% | 23.79% | 55.87% |
| TW:3605 | 64Neutral | TWD 22.61B | 31.74 | ― | 1.22% | 13.61% | -8.06% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6715 | 48Neutral | TWD 30.50B | 275.97 | ― | 0.47% | -18.47% | -52.10% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8932 | Wiselink Co Ltd. | 79.80 | 8.99 | 12.70% | |
| TW:3605 | ACES Electronics Co., Ltd. | 129.00 | 62.56 | 94.15% | |
| TW:3644 | Linco Technology Co., Ltd. | 397.00 | 393.37 | 10836.64% | |
| TW:6197 | Jess-Link Products Co., Ltd. | 239.50 | 96.41 | 67.37% | |
| TW:6715 | Lintes Technology Co., Ltd. | 412.50 | 328.35 | 390.21% | |
| TW:7861 | Bellwether Electronic Corp. | 679.00 | 360.94 | 113.48% |
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