FEAF
TWSE

1229 聯華

37.75 ▲ 0.05 (0.13%) Close · 2026-11-13 · TWSE
Ask about 1229
This is research, not a buy or sell recommendation. Robo-advice in Taiwan requires an FSC licence; FEAF analyses, explains and monitors, and the investor makes the decision. Judgement thresholds are working rules pending review by the team's finance members.

Plain-language summary of valuation, growth, profitability, balance sheet, and recent MOPS filings.

Your risk profile
Conclusion

Mixed picture: 2 strengths against 1 watch-outs. Weigh them against your own goals.

For a moderate profile, none of the items above crosses the watch-out thresholds set by the team.

In plain words

Stock 1229 presents a mixed profile, featuring a 4.9% revenue growth in 2025 followed by a -38.8% year-on-year decline in Q2 2026, alongside a return on equity of 7.1% and a 36.9% net margin. The company maintains a light debt load with liabilities at only 20.1% of total assets in Q2 2026 and generated a positive free cash flow of 5,937 NT$ million in 2025. Its P/E ratio of 15.16 is close to the Food median of 17.46, while the company has 2 verified alerts and 1 filing held or rejected waiting for human review. Ultimately, the final decision rests with the investor.

Written by gemini-3.6-flash from the facts above; every number was checked against them.

Strengths

+ Liabilities are only 20.1% of total assets (Q2 2026): a light debt load. source (Financials) →
+ Free cash flow was positive in 2025: 5,937 NT$ million. source (Financials) →

Watch-outs

! Return on equity 7.1% with a 36.9% net margin: weak profitability. source (Key Stats) →

What to check before deciding

?What would lift profitability, and how soon?

What the analysis found

· Valuation vs peers P/E 15.16 is close to the Food median of 17.46 (18 listed peers). source →
· Growth Revenue grew modestly, 4.9% in 2025; latest quarter Q2 2026: -38.8% year on year. source →
! Profitability Return on equity 7.1% with a 36.9% net margin: weak profitability. source →
+ Debt Liabilities are only 20.1% of total assets (Q2 2026): a light debt load. source →
+ Cash flow Free cash flow was positive in 2025: 5,937 NT$ million. source →
· Filings 2 verified alert(s); latest on 2026-11-13: 本公司依公開發行公司「資金貸與及背書保證處理準則」 第二十二條第一項第三款公告 source →
· Filings 1 filing(s) are held or rejected and wait for human review. source →