2071.TWO
Unloved QualityChen Nan Iron Wire Co.,Ltd · Industrials · Taiwan · $51M cap · $161K/day traded
TWD 18.75 -0.3% · close 12 Nov · scored 13 Nov
Unloved Quality: Strong and cheap, but the market has not warmed to it.
As of 13 Nov 2026, the MoatMap Score for Chen Nan Iron Wire Co.,Ltd (2071.TWO) is 81/100, ranked against 25,000+ stocks in 38 markets (Quality 53, Value 77, Momentum 50, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT CHEN NAN IRON WIRE CO.,LTD
Read
Chen Nan Iron Wire Co.,Ltd manufactures and exports various kinds of fasteners and steel wires in Taiwan.
FINANCIAL SUMMARY (TWD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2.1B | 1.4B | 1.6B | 1.6B | -7.8% | 1.6B |
| EPS (TWD) | 4.63 | 1.98 | 2.07 | 1.49 | -31.5% | 1.97 |
| Shares | 66.1M | 69.0M | 69.0M | 69.0M | +4.5% | 69.0M |
| Debt | 1.4B | 1.0B | 864.7M | 749.8M | -18.8% | 760.2M |
| Equity | 1.1B | 1.3B | 1.4B | 1.4B | 8.2% | — |
| Op CF | 416.7M | 369.2M | 204.0M | 260.0M | -14.5% | 174.0M |
| Inv CF | -11.6M | 20.3M | -14.7M | -25.4M | — | — |
| Fin CF | -525.8M | -333.5M | -170.6M | -229.5M | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 76% of stocks we rank over the past year (volatility 62% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling: It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend (this stock): None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of 2071.TWO are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 2071.TWO | Chen Nan Iron Wire Co.,Ltd(you) | $51M | 81 |
| 1541.TW | CHANG TYPE Industrial Co., Ltd. | $53M | 81 |
| 7718.TWO | Spec Products Corp. | $64M | 83 |
| 6705.TWO | MARTAS Precision Slide Co.,Ltd | $55M | 70 |
| 6855.TWO | Eclatorq Technology Co., Ltd. | $81M | 86 |
| 2065.TWO | Sheh Fung Screws Co.,Ltd | $69M | 65 |
| 2066.TWO | Sumeeko Industries Co., Ltd. | $70M | 57 |
| 4163.TWO | INTAI Technology Corporation | $195M | 87 |
| 1527.TW | Basso Industry Corp. | $136M | 66 |
| 5007.TW | San Shing Fastech Corp. | $506M | 83 |
Peer medians: ROE 10.7% · P/E 15.6x · Gross margin 23.5%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.