Ascent Development Co Ltd AI Stock Analysis
Ascent Development Co Ltd (1439) AI Stock Analysis
Ascent Development Co Ltd
(TWSE:1439)
Ascent Development scores in the moderate range. Financial performance is the dominant driver: a sharp earnings rebound, reduced leverage and the first positive free cash flow in years are genuine positives, but revenue volatility, reliance on non-operating gains and a still-sizeable debt load cap the score. An inexpensive 9.2x P/E and a modest dividend yield add support. Technically, the stock trades above its 100- and 200-day averages yet has slipped under shorter-term moving averages with neutral momentum readings, pointing to a consolidation phase rather than a clear trend.
Ascent Development Co Ltd (1439) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.66B
- Dividend Yield
- 1.75%
- Average Volume (3M)
- 33.86K
- Price to Earnings (P/E)
- 9.3
- Beta (1Y)
- 0.08
- Revenue Growth
- 160.15%
- EPS Growth
- 33.83%
- Country
- TW
- Employees
- 21
- Sector
- General
- Sector Strength
- 55
- Industry
- Real Estate - Development
Ascent Development Co Ltd Business Overview & Revenue Model
Company Description
Ascent Development Co., Ltd. focuses on manufacturing and selling wool tops and carbonized wool products. Its operations are organized into two primary divisions: Sales and Real Estate. The Sales segment handles the distribution of wool-based items,...
Ascent Development Co Ltd Financial Statement Overview
Summary
A strong up-cycle year: revenue surged to roughly NT$813 million from about NT$98 million, operating profit turned positive, and net income reached a six-year high near NT$296 million. The balance sheet is solid, with equity funding roughly half of total assets and debt reduced to about NT$1.79 billion (debt-to-equity down to 0.60). Cash flow also turned a corner, with operating cash flow of about NT$377 million after five years of burn. Offsetting this, results are highly lumpy and project-dependent, net profit materially exceeds operating profit (pointing to non-operating gains), gross margin compressed from 43% to 27%, and leverage remains far above 2020 levels.
Income Statement
62PositiveBalance Sheet
66PositiveCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 695.26M | 813.10M | 98.13M | 199.19M | 570.15M | 78.80M |
| Gross Profit | 177.11M | 217.26M | 42.31M | 55.18M | 124.14M | 28.00K |
| EBITDA | 79.23M | 147.66M | 216.04M | 234.50M | 28.75M | 215.84M |
| Net Income | 327.77M | 295.73M | 160.50M | 184.40M | 143.59M | 128.27M |
Balance Sheet | ||||||
| Total Assets | 6.28B | 5.90B | 5.83B | 5.31B | 4.82B | 2.89B |
| Cash, Cash Equivalents and Short-Term Investments | 934.21M | 841.78M | 711.80M | 726.69M | 601.86M | 773.47M |
| Total Debt | 1.91B | 1.79B | 2.07B | 1.92B | 1.89B | 607.87M |
| Total Liabilities | 2.79B | 2.45B | 2.64B | 2.19B | 2.01B | 624.37M |
| Stockholders Equity | 3.01B | 2.96B | 2.77B | 2.56B | 2.27B | 2.27B |
Cash Flow | ||||||
| Free Cash Flow | 170.86M | 376.49M | -312.38M | -55.89M | -388.15M | -584.32M |
| Operating Cash Flow | 170.45M | 377.43M | -304.56M | -55.89M | -619.15M | -586.10M |
| Investing Cash Flow | 130.88M | 53.46M | 138.63M | 168.59M | 220.88M | 57.36M |
| Financing Cash Flow | -100.28M | -305.36M | 65.20M | -29.36M | -33.77M | 451.03M |
Ascent Development Co Ltd Peers Comparison
Overall Rating
TW:617165Neutral- TW:143961.6Neutral
TW:552959Neutral
TW:143850Neutral
TW:250937Underperform
TW:532427Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6171 | 65Neutral | TWD 2.49B | 13.39 | ― | 8.13% | -55.77% | -74.32% |
| TW:1439 | 62Neutral | TWD 2.66B | 9.30 | ― | 1.75% | 160.15% | 33.83% |
| TW:5529 | 59Neutral | TWD 2.35B | 2.67 | ― | ― | 5393.35% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1438 | 50Neutral | TWD 2.59B | 8.34 | ― | 0.93% | 41.65% | ― |
| TW:2509 | 37Underperform | TWD 2.89B | 135.93 | ― | ― | 445.07% | ― |
| TW:5324 | 27Underperform | TWD 2.78B | -188.82 | ― | ― | -39.07% | -150.68% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1439 | Ascent Development Co Ltd | 28.55 | 1.62 | 6.02% | |
| TW:1438 | SanDi Properties Co. Ltd. | 21.60 | -9.98 | -31.60% | |
| TW:2509 | Chainqui Construction Development Co., Ltd. | 12.90 | -1.90 | -12.84% | |
| TW:5324 | Shihlin Development Co., Ltd. | 12.50 | 1.85 | 17.37% | |
| TW:5529 | Mega International Development Co., Ltd. | 21.95 | -3.90 | -15.09% | |
| TW:6171 | Tacheng Real Estate Co.,Ltd. | 24.60 | -1.21 | -4.70% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026