Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
6117.TW
HOLDREMOVEIn Win Development Inc. · Technology · Taiwan · $248M · Avg Vol: $3M/d
In Win Development manufactures PC and server chassis. While it has pivoted toward AI server chassis, it operates in a highly competitive hardware market with low margins and lacks a durable economic moat.
COMPANY DESCRIPTION
In Win Development Inc. designs and manufactures computer chassis, power supplies, and server storage solutions. The company is highly regarded in the DIY PC enthusiast market for its innovative, high-end aesthetic designs and precision manufacturing. It operates as a key niche player while expanding its footprint into enterprise-grade cloud server chassis.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 76M | 75M | 92M | 103M | 10.4% |
| EPS | -0.03 | 0.02 | 0.03 | 0.13 | — | 157.8% |
| Shares | — | 89M | 89M | 89M | 93M | +4.4% |
| Debt | — | 60M | 53M | 49M | 91M | 15.3% |
| Equity | — | 36M | 39M | 59M | 71M | 25.2% |
| Op CF | — | 11M | 14M | 17M | 19M | 20.2% |
| Inv CF | — | -6M | -4M | -16M | -29M | — |
| Fin CF | — | -6M | -8M | -3M | 17M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 6117.TW are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 6117.TW | In Win Development Inc.(you) | $248M | 59 | HOLD |
| 2399.TW | Biostar Microtech International Corp. | $272M | 60 | HOLD |
| 2397.TW | DFI Inc. | $232M | 48 | HOLD |
| 2465.TW | Leadtek Research Inc. | $248M | 45 | HOLD |
| 3479.TWO | Avalue Technology Incorporation | $312M | 69 | BUY |
| 2305.TW | Microtek International, Inc. | $154M | 66 | BUY |
| 3022.TW | IEI Integration Corp. | $421M | 68 | BUY |
| 2414.TW | Unitech Computer Co., Ltd. | $262M | 78 | BUY |
| 4916.TW | Parpro Corporation | $443M | 68 | BUY |
| 2323.TW | CMC Magnetics Corporation | $359M | 74 | BUY |
Peer medians: ROE 7.4% · P/E 34.5x · Gross margin 24.0%