1. What Happened? E-Hwa Electric’s 2025 Half-Year Report Analysis

E-Hwa Electric announced improved financial results in its 2025 half-year report, including a return to profitability and a decrease in debt-to-equity ratio. However, sales also significantly decreased compared to the same period last year, and the past issue of audit refusal remains unresolved.

2. Why Did This Happen? Background and Cause Analysis

The sharp decline in sales is presumed to be due to increased competition and decreased market demand in its main business of electrical equipment manufacturing. The return to profitability is largely influenced by investment income from related companies, and the improvement in profitability of the main business is still uncertain. Past audit refusals stemmed from deficiencies in the company’s internal control system and questions regarding the reliability of its financial information.

3. What’s Next? Future Outlook and Investment Strategies

In the short term, the positive factor of returning to profitability coexists with the negative factors of declining sales and audit refusal issues, potentially increasing stock price volatility. In the medium to long term, resolving the audit refusal issue, strengthening core business competitiveness, and improving financial transparency will be key to restoring corporate value.

4. What Should Investors Do? Action Plan

  • Short-term investors: Be aware of increased stock price volatility and consider short-term momentum investment strategies. However, high risk must be considered.
  • Mid- to long-term investors: Carefully monitor the resolution of the audit refusal issue and the recovery of the core business competitiveness. Making investment decisions from a long-term perspective is recommended.