Her Chee Industrial Co., Ltd. AI Stock Analysis
Her Chee Industrial Co., Ltd. (8937) AI Stock Analysis
Her Chee Industrial Co., Ltd.
(TPEx:8937)
The overall score is deeply negative, driven primarily by a severe financial and liquidity crisis. The company's core operations are burning cash at an unsustainable rate, with collapsing revenues and deeply negative margins. This existential risk is compounded by a bearish technical trend and an extreme P/E ratio that suggests the stock is significantly overvalued. The high dividend yield is a mirage, as it is not supported by the company's cash flows. The only minor positive is a recently strengthened balance sheet, but it is insufficient to offset the overwhelming operational and market headwinds.
Her Chee Industrial Co., Ltd. (8937) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 10.24B
- Dividend Yield
- 0.10%
- Average Volume (3M)
- 244.16K
- Price to Earnings (P/E)
- 183.5
- Beta (1Y)
- 0.46
- Revenue Growth
- 655.50%
- EPS Growth
- 80.09%
- Country
- TW
- Employees
- 83
- Sector
- General
- Sector Strength
- 55
- Industry
- Auto - Recreational Vehicles
Her Chee Industrial Co., Ltd. Business Overview & Revenue Model
Company Description
Founded in 1976 and based in Chiayi, Taiwan, Her Chee Industrial Co., Ltd. specializes in the production and sale of a wide array of specialized vehicles, marketed primarily under their ADLY moto brand. Their comprehensive product range features all-...
Her Chee Industrial Co., Ltd. Financial Statement Overview
Summary
Financial performance is critically weak. The income statement shows a 75% revenue collapse and deeply negative margins, leading to substantial net losses. The cash flow statement is in a dire state, with operating cash flow at -$211.5M and free cash flow at -$3.34B, indicating a severe liquidity crisis. The only mitigating factor is an improved debt-to-equity ratio on the balance sheet due to a large equity infusion, but this is overshadowed by the unsustainable cash burn.
Income Statement
12Very NegativeBalance Sheet
48NeutralCash Flow
5Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 428.84M | 65.67M | 131.89M | 159.95M | 212.09M | 126.17M |
| Gross Profit | 67.91M | -38.26M | 1.32M | 19.40M | 37.05M | -13.81M |
| EBITDA | -98.35M | -138.23M | 59.64M | 77.87M | 45.98M | -54.93M |
| Net Income | 15.03M | -73.98M | 32.80M | 51.79M | 4.70M | -57.27M |
Balance Sheet | ||||||
| Total Assets | 6.04B | 4.74B | 1.56B | 1.42B | 1.39B | 985.95M |
| Cash, Cash Equivalents and Short-Term Investments | 290.87M | 472.65M | 276.99M | 456.61M | 416.07M | 299.67M |
| Total Debt | 1.32B | 564.53M | 513.68M | 558.36M | 519.83M | 234.97M |
| Total Liabilities | 3.27B | 2.09B | 560.12M | 650.43M | 659.92M | 295.79M |
| Stockholders Equity | 2.38B | 2.63B | 969.17M | 732.86M | 694.80M | 689.24M |
Cash Flow | ||||||
| Free Cash Flow | -4.56B | -3.34B | -382.46M | -52.98M | -76.05M | -88.78M |
| Operating Cash Flow | -272.46M | -211.47M | -35.77M | 11.65M | 68.10M | -82.23M |
| Investing Cash Flow | -3.90B | -2.91B | -273.91M | -60.85M | -122.53M | -121.82M |
| Financing Cash Flow | 3.13B | 3.19B | 161.82M | 44.06M | 231.26M | 65.78M |
Her Chee Industrial Co., Ltd. Peers Comparison
Overall Rating
TW:627964Neutral
TW:316250Neutral
TW:156347Neutral- TW:893738Underperform
TW:223134Underperform
TW:153633Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6279 | 64Neutral | TWD 11.90B | 8.76 | ― | 5.62% | 12.67% | 15.02% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3162 | 50Neutral | TWD 11.07B | 105.25 | ― | 1.12% | 36.58% | -66.59% |
| TW:1563 | 47Neutral | TWD 11.11B | 36.03 | ― | 7.64% | 3.41% | -5.16% |
| TW:8937 | 38Underperform | TWD 10.58B | 183.46 | ― | 0.10% | 655.50% | 80.09% |
| TW:2231 | 34Underperform | TWD 10.66B | -88.27 | ― | 0.63% | -20.55% | -146.86% |
| TW:1536 | 33Underperform | TWD 10.59B | -19.89 | ― | ― | -4.17% | -15.31% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8937 | Her Chee Industrial Co., Ltd. | 23.05 | -15.70 | -40.52% | |
| TW:1536 | Hota Industrial Manufacturing Co., Ltd. | 37.70 | -20.80 | -35.56% | |
| TW:1563 | SuperAlloy Industrial Co., Ltd. | 66.00 | 11.24 | 20.53% | |
| TW:2231 | CUB Elecparts, Inc. | 77.80 | -21.51 | -21.66% | |
| TW:3162 | United Alloy-Tech Company Ltd | 75.90 | 21.65 | 39.90% | |
| TW:6279 | Hu Lane Associate, Inc. | 97.10 | -26.31 | -21.32% |
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