Airmate (Cayman) International Co., Ltd. AI Stock Analysis
Airmate (Cayman) International Co., Ltd. (1626) AI Stock Analysis
Airmate (Cayman) International Co., Ltd.
(TWSE:1626)
The score is held down primarily by weak fundamentals: a multi-year revenue decline, a second consecutive year of net losses, and a swing to negative operating and free cash flow in 2025. Valuation offers no support, with a negative P/E and no dividend. The partial offsets are a moderate, stable leverage profile (debt/equity 0.93), narrowing losses and steady gross margin, plus a modest short-term technical recovery with price above its 20- and 50-day averages — though the stock still trades below its 100- and 200-day averages, keeping the longer-term trend negative.
Airmate (Cayman) International Co., Ltd. (1626) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.44B
- Dividend Yield
- ―
- Average Volume (3M)
- 58.47K
- Price to Earnings (P/E)
- -2.8
- Beta (1Y)
- 0.38
- Revenue Growth
- -0.07%
- EPS Growth
- -381.71%
- Country
- TW
- Employees
- 8,219
- Sector
- General
- Sector Strength
- 55
- Industry
- Furnishings, Fixtures & Appliances
Airmate (Cayman) International Co., Ltd. Business Overview & Revenue Model
Company Description
Airmate (Cayman) International Co Limited, established in 1973 and based in George Town, Cayman Islands, specializes in the research, development, manufacturing, and global distribution of a wide array of household appliances. The company's primary m...
Airmate (Cayman) International Co., Ltd. Financial Statement Overview
Summary
Weak across all three statements. Revenue has slid to NT$7.79bn from a NT$10.16bn peak in 2021, and the company posted a second straight annual loss (operating loss NT$105m, net loss NT$129m), though both narrowed year over year and gross margin held near 19.6%. Cash flow is the weakest link: operating cash flow swung to an outflow of NT$17.7m and free cash flow turned negative at -NT$185.5m. The balance sheet is the relative anchor, with moderate leverage (debt/equity 0.93), but equity has declined three years running and ROE is negative at -4.7%, thinning the cushion.
Income Statement
30NegativeBalance Sheet
45NeutralCash Flow
23Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.61B | 7.79B | 8.13B | 8.40B | 9.22B | 10.16B |
| Gross Profit | 1.33B | 1.53B | 1.62B | 1.83B | 1.44B | 1.12B |
| EBITDA | -119.27M | 122.16M | 146.74M | 434.90M | 978.20M | 92.09M |
| Net Income | -447.55M | -128.70M | -159.21M | 26.58M | 473.20M | -307.23M |
Balance Sheet | ||||||
| Total Assets | 9.97B | 8.16B | 9.03B | 8.11B | 8.82B | 9.95B |
| Cash, Cash Equivalents and Short-Term Investments | 1.42B | 1.28B | 1.46B | 1.11B | 1.21B | 894.42M |
| Total Debt | 3.35B | 2.56B | 2.72B | 2.06B | 2.34B | 3.21B |
| Total Liabilities | 7.27B | 5.39B | 6.09B | 5.03B | 5.61B | 7.19B |
| Stockholders Equity | 2.71B | 2.76B | 2.95B | 3.08B | 3.21B | 2.76B |
Cash Flow | ||||||
| Free Cash Flow | -952.42M | -185.54M | 163.72M | 409.36M | 793.63M | -184.16M |
| Operating Cash Flow | -762.86M | -17.69M | 355.75M | 616.57M | 946.98M | 40.18M |
| Investing Cash Flow | -243.61M | 15.71M | -436.22M | -396.71M | 90.33M | -305.81M |
| Financing Cash Flow | 531.04M | 25.47M | 168.18M | -420.73M | -571.99M | 342.47M |
Airmate (Cayman) International Co., Ltd. Peers Comparison
Overall Rating
TW:624348Neutral
TW:180544Neutral- TW:162640Underperform
TW:158739Underperform
TW:809338Underperform
TW:452334Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6243 | 48Neutral | TWD 1.45B | -16.16 | ― | 3.87% | -43.84% | -1828.89% |
| TW:1805 | 44Neutral | TWD 1.31B | 71.17 | ― | ― | -59.33% | -94.38% |
| TW:1626 | 40Underperform | TWD 1.44B | -2.81 | ― | ― | -0.07% | -381.71% |
| TW:1587 | 39Underperform | TWD 1.60B | -180.45 | ― | 2.51% | 13.58% | -152.92% |
| TW:8093 | 38Underperform | TWD 1.46B | -9.35 | ― | ― | 10.42% | 13.92% |
| TW:4523 | 34Underperform | TWD 1.49B | 0.85 | ― | 11.39% | 19.47% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:1626 | Airmate (Cayman) International Co., Ltd. | 9.65 | -2.65 | -21.54% | |
| TW:1587 | Cryomax Cooling System Corp. | 19.85 | -22.40 | -53.02% | |
| TW:1805 | Better Life Group Co., Ltd. | 9.70 | -2.00 | -17.09% | |
| TW:4523 | Everbrite Technology Co., Ltd. | 23.20 | -4.17 | -15.22% | |
| TW:6243 | ENE Technology, Inc. | 31.25 | 0.10 | 0.32% | |
| TW:8093 | Enermax Technology Corporation | 25.50 | -3.50 | -12.07% |
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