Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

1611.TW

HOLDREMOVE

China Electric Mfg. Corporation · Consumer Cyclical · Taiwan · $137M · Avg Vol: $756K/d

40
StockRank
Q
43
V
42
M
45
P/E (TTM)
443.3x
ROE
0.3%
D/E
0.2x
Dividend %
5.9%
AI CONVICTION THESIS

China Electric Mfg. is a legacy lighting manufacturer with low quality metrics and no structural growth drivers to justify an investment under our concentrated fund mandate.

COMPANY DESCRIPTION

China Electric Mfg. Corporation is Taiwan's leading manufacturer of lighting products, operating under the widely recognized "TOA" brand. The company produces a comprehensive range of LED lamps, commercial lighting fixtures, and smart lighting control systems for residential, commercial, and public infrastructure projects. Its extensive domestic distribution network and strong brand equity establish it as the primary supplier for local construction and electrical engineering firms.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGR
Revenue49.6M43.0M36.7M33.7M-12.1%
EPS0.030.010.010.02-16.5%
Shares322.7M322.7M322.7M322.7M-0.0%
Debt020.4M20.4M20.3M19.4M-1.6%
Equity132.9M136.8M142.8M132.8M-0.0%
Op CF6.2M7.8M6.1M8.0M8.8%
Inv CF5.9M-9.9M-6.8M4.7M
Fin CF-9.4M-3.4M-6.2M-9.3M
Loading...
PRICE (1Y)+13.3%
0.350.380.410.440.47May 12Jun 2Jun 23
SMA 50SMA 200
Close
$0.42
RSI (14)
55.7
52W High
$0.47
From 52W High
0.9%

SCORE BREAKDOWN

Quality
43
ROIC
0.1%13.8
ROE
0.3%18.0
GP/Assets
4.9%7.4
Op. Margin
12.6%75.7
FCF/Assets
7.9%76.6
Piotroski
652.6
Int. Cover
0.3x13.4
D/E Ratio
0.17x75.9
Current Ratio
1.79x60.3
Value
42
P/E (TTM)
443.3x1.4
EV/EBITDA
-4641.8x25.0
P/FCF
333.0x65.8
P/B
1.1x64.6
P/S
4.1x10.5
Div Yield
5.9%87.0
Momentum
45
52W High %
88%71.7
RS 6M
-52%18.0
SMA 50/200
1.01x60.4
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
N/A
Q Growth
9%52.1

FUNDAMENTALS

Market Cap
$137M
P/E (Forward)
Gross Margin
24.4%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 1611.TW are excluded.

TickerCompanyMkt CapStockRankSignal
1611.TWChina Electric Mfg. Corporation(you)$137M40HOLD
6201.TWYa Horng Electronic Co., Ltd.$136M52HOLD
1614.TWTaiwan Sanyo Electric Co.,Ltd.$260M38HOLD
2491.TWFortune Oriental Company Limited$114M54HOLD
1604.TWSampo Corporation$273M34SELL
6957.TWHORIZON FIXTURE GROUP CO LTD$329M36HOLD
1810.TWHocheng Corporation$204M23SELL
9935.TWChing Feng Home Fashions Co.,Ltd$107M68BUY
4564.TWMosa Industrial Corporation$116M6STRONG SELL
1558.TWZeng Hsing Industrial Co., Ltd.$186M80BUY

Peer medians: ROE 7.6% · P/E 16.5x · Gross margin 22.9%

China Electric Mfg. Corporation (1611.TW) — Stock Score Summary

China Electric Mfg. Corporation (1611.TW) has a MoatMap StockRank of 40/100 based on Quality (43/100), Value (42/100), and Momentum (45/100) factor scores. The current signal is HOLD. China Electric Mfg. is a legacy lighting manufacturer with low quality metrics and no structural growth drivers to justify an investment under our concentrated fund mandate.

China Electric Mfg. Corporation is Taiwan's leading manufacturer of lighting products, operating under the widely recognized "TOA" brand. The company produces a comprehensive range of LED lamps, commercial lighting fixtures, and smart lighting control systems for residential, commercial, and public infrastructure projects. Its extensive domestic distribution network and strong brand equity establish it as the primary supplier for local construction and electrical engineering firms.

Key Financial Metrics

Price$0.42
Market Cap$137M
P/E (TTM)443.33
Price/Book1.09
Return on Equity0.3%
Return on Invested Capital0.1%
Debt/Equity17.34
Gross Margin24.4%
Operating Margin12.6%
Revenue Growth-10.9%
Dividend Yield5.9%
Free Cash Flow$410K

China Electric Mfg. Corporation operates in the Furnishings, Fixtures & Appliances industry, part of the Consumer Cyclical sector (Taiwan).

Frequently Asked Questions

What is China Electric Mfg. Corporation’s (1611.TW) StockRank?
MoatMap’s StockRank for China Electric Mfg. Corporation (1611.TW) is 40/100, with a Hold signal. It is a composite of Quality (43), Value (42), and Momentum (45) factor ranks across MoatMap’s 20,000+ stock universe.
Does China Electric Mfg. Corporation have an economic moat?
China Electric Mfg. Corporation (1611.TW) has a Quality factor score of 43/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is China Electric Mfg. Corporation a buy, hold, or sell?
MoatMap’s current signal for China Electric Mfg. Corporation (1611.TW) is Hold, based on a StockRank of 40/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is China Electric Mfg. Corporation in?
China Electric Mfg. Corporation (1611.TW) operates in the Consumer Cyclical sector, specifically the Furnishings, Fixtures & Appliances industry (Taiwan).