4950—56

Golden Win International Corp

Appliances, Tools & HousewaresVerified

Score breakdown

Profitability+9Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion94AI synthesis40Observations3

Golden Win International Corp has a liquidity position that is medium risk, with a current ratio of 1.88 and cash and equivalents of TWD 113.12 million. However, the company has a negative net cash position after subtracting total debt, indicating potential short-term liquidity constraints [doc:HA-latest]. Profitability metrics show a return on equity of -3.97% and a return on assets of -1.87%, both significantly below the industry median for the "Appliances, Tools & Housewares" sector. The company reported a net loss of TWD 20.65 million, despite a gross profit of TWD 163.98 million, suggesting high operating costs or declining margins [doc:HA-latest]. The company's revenue is concentrated in stainless steel products for semiconductor, mechanical, and aerospace applications, with disclosed sales to Taiwan, the United States, China, and Vietnam. No segment-specific revenue breakdown is available, but the 300, 400, and 600 series products are key to its operations [doc:HA-latest]. Growth trajectory is uncertain, as the company has not provided forward-looking revenue guidance. Historical revenue of TWD 1.02 billion is flat compared to prior periods, and free cash flow is negative at TWD -43.72 million, indicating capital outflows despite positive operating cash flow of TWD 112.48 million [doc:HA-latest]. Risk factors include a medium liquidity risk and a low dilution risk, with no significant dilution sources identified in the latest filings. The debt-to-equity ratio of 0.35 is relatively low, but the negative net income and free cash flow raise concerns about long-term financial stability [doc:HA-latest]. Recent events include the latest financial filing, which shows a net loss and negative free cash flow. No recent earnings call transcripts or material events are disclosed in the input data, limiting visibility into management's strategic direction [doc:HA-latest].

Profile

CompanyGolden Win International Corp

Ticker4950.TWO

SectorConsumer Cyclicals

BusinessCyclical Consumer Products

Industry groupCyclical Consumer Products

IndustryAppliances, Tools & Housewares

AI analysis

Business. Golden Win International Corp is a Taiwan-based company engaged in the cutting, processing, and sales of stainless steel products, including 300, 400, and 600 series products used in semiconductor, mechanical, and aerospace applications [doc:HA-latest].

Classification. Golden Win International Corp is classified under the industry "Appliances, Tools & Housewares" within the "Cyclical Consumer Products" business sector, with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Golden Win International Corp has a negative net income and free cash flow, indicating financial stress despite positive operating cash flow.
The company's return on equity and return on assets are below industry medians, suggesting poor profitability.
Revenue is concentrated in stainless steel products for semiconductor, mechanical, and aerospace applications, with no disclosed segment breakdown.
Liquidity risk is medium, with a current ratio of 1.88 and negative net cash after debt.
No significant dilution risk is identified, but the company's financial performance raises concerns about long-term stability.
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Financial snapshot

PeriodHA-latest

CurrencyTWD

Revenue$1.02B

Gross profit$164.0M

Operating income$39.6M

Net income-$20.6M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$112.5M

CapEx-$2.2M

Free cash flow-$43.7M

Total assets$1.11B

Total liabilities$585.9M

Total equity$520.0M

Cash & equivalents$113.1M

Long-term debt$180.1M

Annual history (last 5)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$520.0M

Net cash-$67.0M

Current ratio1.9

Debt/Equity0.3

ROA-1.9%

ROE-4.0%

Cash conversion-5.5%

CapEx/Revenue-0.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Appliances, Tools & Housewares · cohort 2 companies

Metric4950Activity

Op margin3.9%9.9% medp25 7.6% · p75 12.1%bottom quartile

Net margin-2.0%6.5% medp25 4.3% · p75 8.7%bottom quartile

Gross margin16.1%32.2% medp25 23.8% · p75 40.6%bottom quartile

R&D / revenue—4.1% medp25 3.2% · p75 4.9%

CapEx / revenue-0.2%2.4% medp25 2.3% · p75 2.5%bottom quartile

Debt / equity35.0%115.4% medp25 70.7% · p75 160.1%bottom quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-03 15:31 UTC#0c1bcaee

Source: analysis-pipeline (hybrid)Generated: 2026-05-03 15:32 UTCJob: 6dad647c