COMP <GO>

LHSW vs TSM // ALTMAN Z-SCORE & DEBT/EQUITY

Lianhe Sowell International Group Ltd (Class A) (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: LHSW 1 — TSM 5

■ METRIC PARITY

LHSW — Lianhe Sowell International Group Ltd (Class A) ROARABLE D • RQD 48/100

LAST: $4.82 (+9.55%) • MKT CAP: $6.6M

DES <GO> FA <GO> 10-K RED <GO>

balance-sheet

—

TSM — Taiwan Semiconductor Manufacturing Company Ltd. ROARABLE C+ • RQD 69/100

LAST: $431.81 (-1.75%) • MKT CAP: $2.24T

DES <GO> FA <GO> 10-K RED <GO>

balance-sheet

3.87

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (LHSW VS. TSM) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	LHSW	TSM	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	21.40%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	14.90%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	14.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	3.99%	—	TIE	/fcf-yield <GO>
Operating Margin	-15.80%	21.10%	-36.90	TSM	/operating-margins <GO>
Net Profit Margin	-13.20%	16.40%	-29.60	TSM	/net-margins <GO>
Revenue Growth (YoY)	18.40%	-3.30%	+21.70	LHSW	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity ACTIVE	—	3.87	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	1/9	7/9	-6.00	TSM	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	43.3	49.4	-6.14	TSM	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.42	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	20.2x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$6.6M	$2.24T	-$2.24T	TSM	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	LHSW REV	TSM REV	LHSW GROSS %	TSM GROSS %	LHSW FCF	TSM FCF
FY 2025	$43.3M	—	21.4%	—	-$9.0M	—
FY 2024	$36.5M	—	26.2%	—	-$1.5M	—
FY 2023	$36.6M	—	—	—	-$2.1M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

LHSW // BETA —

TSM // BETA 1.42