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← CockpitCompetitor Analysis › 2485.TW Zinwell CorporationOpen in the cockpit ↗

Zinwell Corporation2485.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Telecommunications Equipment
Momentum laggard 5
Mkt cap
$280M
US dollars, full cap
Free float
88%
of shares outstanding
$/day
$5.64M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-12.8 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Close · TWDNT$29.10
1D-3.8%
1W-15.3%
1M-34.8%
3M-28.7%
6M-57.6%
YTD+10.2%
1Y+110.9%
ATR %7.7%
52w lowhigh66.5% off high

What Zinwell does

No business profile yet.

Zinwell at a glance

Size Zinwell (2485.TW) is a Taiwan Information Technology company (Telecommunications Equipment) with a market value of $280M, the 674th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$29.10 on 6 Nov 2026.

Performance Over six months the shares fell 57.6%, against -27.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 74.9% over the last twelve months (peer median +2.9%); the operating margin is -14.4% (peer median -0.8%).

Valuation It trades at 2.6× enterprise value to sales against a peer median of 3.9× (8th cheapest of 21).

Capital Return on invested capital runs 12.8 points below its cost of capital (5.0% WACC).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 722485.TW 44
Six months, rebased to 100: Zinwell against the median of its 20 peers (local-currency closes).

Zinwell financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$3.59BNT$2.61BNT$2.61BNT$5.82BNT$6.58B
Revenue growth—0%-55%-12%—
Gross profitNT$691MNT$107M-NT$303MNT$488MNT$474M
EBITDAn/a-NT$188M-NT$628MNT$201MNT$28.0M
Net incomeNT$270M-NT$306M-NT$717M-NT$72.1MNT$383,000
Free cash flown/a-NT$632MNT$467MNT$1.28B-NT$876M
Capital expendituren/aNT$28.2MNT$97.5MNT$246MNT$304M
Total debtn/aNT$128MNT$53.6MNT$480MNT$574M

Quarterly statements and history in the cockpit →

Zinwell competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%-30%-20%-10%6886536426A316820301567002848189300688080688618301067234230044930104230026468093002706880302485.TW6-month return →1-month return →
Up and to the right = strong over both horizons. Zinwell is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×5×10×15×6886536426A3168203015670028481893003005556880806886183010672342300710300449301042300264300270688030CLFD2485.TWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Zinwell is the large dot.

Zinwell competitors and peer comparison

How Zinwell compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Zinwell against its 20 peers (data as of 6 Nov 2026)
Measure2485.TWPeer medianRank in peer set
1-month return-34.8%-14.3%3rd lowest of 21
6-month return-57.6%-27.1%3rd lowest of 21
Distance from 52-week high-66.5%-48.3%4th lowest of 21
Revenue growth (TTM)+74.9%+2.9%2nd highest of 21
Operating margin-14.4%-0.8%7th lowest of 21
EV / Sales2.6×3.9×8th cheapest of 21
ROIC minus cost of capital-12.8 pp-10.1 pp8th lowest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Zinwell 2485.TWTaiwan$280M-58%+75%-14%2.6×n/an/a
Grand Kangxi Communication Technologies (Shanghai) 688653.SSChina$300M-18%+22%4%1.9×29.5%+53.1%
Apogee Optocom 6426.TWTaiwan$256M-10%+65%19%12.4×45.3%-7.3%
Addvalue Technologies A31.SISingapore$306M-25%+54%20%11.9×30.3%+54.3%
Icom 6820.TJapan$319M+16%+5%9%0.6×-11.1%+5.8%
Beilong Precision Technology 301567.SZChina$320M-29%+2%-9%5.2×n/an/a
Gospell Digital Technology 002848.SZChina$322M-18%+332%-6%3.3×n/an/a
Intellian Technologies 189300.KSSouth Korea$329M-67%+41%8%1.6×n/an/a
Lootom Telcovideo Network (Wuxi) 300555.SZChina$337M-17%-17%-75%17.3×n/an/a
Beijing InHand Networks Technology 688080.SSChina$346M-31%+6%19%1.9×4.0%+20.2%
3onedata 688618.SSChina$349M-41%-9%-4%6.5×32.4%+11.3%
Fullink Technology 301067.SZChina$352M-26%-26%-15%4.1×n/an/a
Comba Telecom Systems 2342.HKHong Kong$352M-44%+4%5%0.3×-7.5%-2.0%
Hangzhou Prevail Optoelectronic Equipment 300710.SZChina$352M-28%-15%-19%9.4×58.6%-12.0%
Beijing Hanbang Technology 300449.SZChina$353M-19%-11%-40%14.7×29.0%-17.4%
Zhuhai Raysharp Technology 301042.SZChina$357M-68%-1%6%3.6×n/an/a
AVIT 300264.SZChina$361M-40%-63%-68%40.9×n/an/a
Toa 6809.TJapan$362M-5%+12%10%0.6×-10.6%+6.4%
Joyware Electronics 300270.SZChina$376M-38%+66%-7%10.3×10.1%-4.2%
Hillstone Networks 688030.SSChina$386M-14%-8%-16%3.5×n/an/a
Clearfield CLFDUnited States$389M-28%-27%2%2.3×42.9%+10.0%

Questions

Which companies are Zinwell's closest peers?
The cockpit's peer set: Grand Kangxi Communication Technologies (Shanghai) (688653.SS), Apogee Optocom (6426.TW), Addvalue Technologies (A31.SI), Icom (6820.T), Beilong Precision Technology (301567.SZ), Gospell Digital Technology (002848.SZ), Intellian Technologies (189300.KS), Lootom Telcovideo Network (Wuxi) (300555.SZ).
Is Zinwell expensive compared with its peers?
On ev / sales it trades at 2.6× against a peer median of 3.9×, 8th cheapest of 21 in its peer set.
How has Zinwell stock performed?
Over six months to 6 Nov 2026 the shares returned -57.6% against -27.1% for the median peer; over one year +110.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.