Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
2916.TWO
STRONG BUYREMOVEMunsin Garment Corporation · Consumer Cyclical · Taiwan · $85M · Avg Vol: $207K/d
Munsin Garment is a Taiwanese apparel manufacturer. It operates in a highly commoditized, low-margin industry with zero pricing power and is highly vulnerable to global supply chain disruptions and rising labor costs.
COMPANY DESCRIPTION
Munsin Garment Corporation manufactures, imports, and retails premium apparel, with a strong focus on high-end golf wear and sportswear under licensed brands like Munsingwear. The company's competitive moat is built on its exclusive brand licensing agreements and its established retail network in premium department stores across Taiwan. It operates as a stable, niche player in the luxury and functional sportswear retail segment.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 49.8M | 58.1M | 60.7M | 61.9M | 7.5% |
| EPS | 0.08 | 0.10 | 0.15 | 0.13 | — | 20.3% |
| Shares | — | 57.3M | 57.3M | 64.6M | 64.6M | +12.9% |
| Debt | 0.4M | 3.2M | 5.2M | 6.1M | 6.9M | 98.3% |
| Equity | — | 33.3M | 36.0M | 50.8M | 51.6M | 15.7% |
| Op CF | — | 7.2M | 7.8M | 1.8M | 8.6M | 6.5% |
| Inv CF | — | -1.4M | -6.9M | -2.9M | -4.3M | — |
| Fin CF | — | -4.0M | -2.4M | 7.3M | -6.5M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of 2916.TWO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 2916.TWO | Munsin Garment Corporation(you) | $85M | 84 | STRONG BUY |
| 1315.TW | Tahsin Industrial Corporation | $188M | 55 | HOLD |
| 4414.TW | Roo Hsing Co., Ltd | $70M | 33 | SELL |
| 1473.TW | Tainan Enterprises Co., Ltd. | $92M | 18 | STRONG SELL |
| 1467.TW | Tex-Ray Industrial Co., Ltd. | $52M | 20 | STRONG SELL |
| 4438.TW | Quang Viet Enterprise Co., Ltd. | $213M | 27 | SELL |
| 1476.TW | Eclat Textile Co., Ltd. | $2.7B | 75 | BUY |
| 8932.TWO | Wiselink Co., Ltd. | $1.1B | 55 | HOLD |
| 1477.TW | Makalot Industrial Co., Ltd. | $1.7B | 51 | HOLD |
| 3171.TWO | Yem Chio Distribution Co., Ltd. | $68M | 84 | STRONG BUY |
Peer medians: ROE 7.3% · P/E 17.1x · Gross margin 22.9%