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1234.TW TWSE Non-Alcoholic Beverages

Hey-Song Corp

$34,25
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Mcap
13,8B TWD
P/E
EV / Rev
Div yield
4,68 %
Op margin
4,4 %
ROE
4,3 %
Net margin
8,5 %
Debt / equity
0,11
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
TR 1Y
About

Hey-Song Corp is a non-alcoholic beverage manufacturer and distributor in the food and beverages sector, generating revenue primarily through the production and sale of packaged beverages.

Business. Hey-Song Corp (1234.TW) is a non-alcoholic beverage company listed on the Taiwan Stock Exchange. The firm operates within the Food & Beverages industry, focusing on the production and sale of non-alcoholic drinks. Specific details regarding operating segments and geographic presence are not disclosed in the available data. The company is headquartered in Taiwan.

Classification92 %
SectorConsumer Non-Cyclicals
Business sectorFood & Beverages
IndustryNon-Alcoholic Beverages
ActivityFood & Beverages
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
4,3 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1234.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples · THIS SECTOR−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1234.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Hey-Song Corp (1234.TW) is a non-alcoholic beverage company listed on the Taiwan Stock Exchange. The firm operates within the Food & Beverages industry, focusing on the production and sale of non-alcoholic drinks. Specific details regarding operating segments and geographic presence are not disclosed in the available data. The company is headquartered in Taiwan.

    Classification92 %
    SectorConsumer Non-Cyclicals
    Business sectorFood & Beverages
    IndustryNon-Alcoholic Beverages
    ActivityFood & Beverages
    AI synthesis
    GENERATED

    Hey-Song Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.11, indicating a low reliance on debt financing. The company's liquidity position is mixed, with a current ratio of 3.31, suggesting strong short-term liquidity, but negative net cash after subtracting total debt, which raises medium liquidity risk. The price-to-book ratio of 0.73 implies that the company's market value is trading below its book value, potentially signaling undervaluation or asset impairment concerns.

    Profitability metrics show a return on equity (ROE) of 4.27% and a return on assets (ROA) of 3.36%, both below the typical thresholds for high-performing beverage companies. The gross profit margin of 29.1% is in line with industry norms, but the operating margin of 4.4% is relatively low, indicating potential inefficiencies in cost management or pricing power.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic shifts and regulatory changes, particularly in its primary market. No material revenue is attributed to international operations, suggesting a high concentration risk in its domestic market.

    Hey-Song Corp's growth trajectory is modest, with no disclosed revenue growth rates or forward-looking guidance. The company's capital expenditures of -376 million TWD suggest a reduction in investment, which may signal a strategic shift or financial constraints. The free cash flow of -18.3 million TWD indicates that the company is not generating sufficient cash to fund operations without external financing.

    The company's risk profile is characterized by medium liquidity risk and low dilution risk. The negative net cash position after subtracting total debt raises concerns about short-term liquidity, but the absence of significant dilution sources and a stable share count suggest that equity dilution is not a near-term threat. No recent filings or transcripts indicate material changes in the company's strategic direction or financial health.

    No recent events or filings have been disclosed that would materially impact the company's operations or financial performance. The absence of significant news suggests a stable but potentially stagnant business environment for Hey-Song Corp.

    Key takeaways
    • Hey-Song Corp has a conservative capital structure with a low debt-to-equity ratio of 0.11.
    • The company's ROE of 4.27% and ROA of 3.36% indicate below-average profitability for the beverage industry.
    • Revenue is concentrated in a single business segment with no disclosed geographic diversification.
    • Free cash flow is negative, and capital expenditures are declining, suggesting reduced investment activity.
    • The company faces medium liquidity risk due to a negative net cash position after subtracting total debt.
    • No significant dilution risk is present, with a stable share count and no recent issuance activity.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $34,25
    Market cap
    $13.76B
    Enterprise value
    $15.77B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    77.9x
    P / B
    0.7x
    P / Tangible book
    0.7x
    Tangible book
    $18.85B
    Net cash
    -$2.01B
    Current ratio
    3.3
    Debt / equity
    0.1
    ROA
    3.4%
    ROE
    4.3%
    Cash conversion
    25.0%
    CapEx / revenue
    -4.0%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin4,4 %Below median
    Net Margin8,5 %Above median
    ROE4,3 %Above median
    Capex / Rev-4,0 %Above median
    D/E0,11Above median
    Cash Conv0,25Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • Hey-Song Corp Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1234.TWCanonical
    TWSE · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage