Better Life Group Co., Ltd. (1805) AI Stock Analysis

Better Life Group Co., Ltd.

(TWSE:1805)

Select Model

Rating:38Underperform

Price Target:TWD 9.00▼(-7.69% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is very low, driven primarily by a severe disconnect between reported profits and actual cash generation, with operations burning over 300M in cash. This is compounded by a sustained technical downtrend and an extremely high P/E ratio that is unsupported by fundamentals. The company's strong balance sheet from debt reduction is the only positive factor, but it is insufficient to offset the critical operational and market weaknesses.

Positive Factors

Improved leverageThe materially lower debt burden and larger equity base improve financial resilience and reduce balance-sheet strain. This gives the company more capacity to withstand uneven development cycles, fund projects, and manage obligations without relying as heavily on additional borrowing.

Negative Factors

Revenue contractionThe steep revenue decline and margin compression show that recent earnings are not supported by consistent top-line growth. Such volatility makes results highly dependent on development and delivery timing, reducing visibility into sustainable revenue and profit generation over coming quarters.

Better Life Group Co., Ltd. (1805) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.32B
Dividend Yield: ―
Average Volume (3M): 67.35K
Price to Earnings (P/E): 71.5
Beta (1Y): 0.20
Revenue Growth: -59.33%
EPS Growth: -94.38%
Country: TW
Employees: 74
Sector: General
Sector Strength: 55
Industry: Real Estate - Development

Better Life Group Co., Ltd. Business Overview & Revenue Model

Company Description

Better Life Group Co., LTD., operating with its various subsidiaries, is primarily engaged in the real estate sector, developing, constructing, leasing, and selling both residential and other types of properties across Taiwan and China. The company a...

Better Life Group Co., Ltd. Financial Statement Overview

Summary

Financial performance is critically weak. While the balance sheet has improved through aggressive deleveraging (Score 72), the income statement (Score 35) shows a profit built on a 60% revenue collapse, and the cash flow statement (Score 10) reveals a massive cash burn of 311.9M despite reported net income. The inability to convert accounting profit into cash is a major red flag, heavily weighing down the overall financial health.

Income Statement

35Negative

Balance Sheet

72Positive

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	292.04M	285.01M	625.47M	145.52M	348.84M	185.47M
Gross Profit	76.05M	83.44M	293.40M	665.00K	1.95M	31.98M
EBITDA	16.13M	42.31M	335.23M	-74.64M	-76.98M	-7.36M
Net Income	16.64M	26.12M	300.96M	-110.12M	-94.63M	-33.68M
Balance Sheet
Total Assets	2.02B	2.00B	2.07B	1.54B	1.35B	1.46B
Cash, Cash Equivalents and Short-Term Investments	376.94M	432.81M	714.42M	304.85M	151.50M	87.57M
Total Debt	235.20M	197.26M	593.10M	461.77M	684.99M	742.04M
Total Liabilities	393.45M	375.58M	887.52M	763.70M	844.12M	862.78M
Stockholders Equity	1.63B	1.63B	1.18B	774.03M	504.48M	596.33M
Cash Flow
Free Cash Flow	17.66M	-312.23M	283.66M	1.75M	100.74M	-61.36M
Operating Cash Flow	3.68M	-311.93M	284.18M	1.75M	105.74M	-61.15M
Investing Cash Flow	-2.16M	-4.32M	-21.94M	-15.89M	-2.65M	8.71M
Financing Cash Flow	35.67M	21.32M	245.07M	95.14M	-66.68M	77.77M

Better Life Group Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:1805 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5548	68Neutral	TWD 1.33B	10.81	―	4.62%	11.28%	2.68%
TW:1456	58Neutral	TWD 1.41B	2.04	―	―	255.45%	488.61%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:9902	51Neutral	TWD 1.31B	19.56	―	2.25%	63.00%	1800.55%
TW:6219	45Neutral	TWD 1.30B	3.92	―	6.41%	79.16%	218.74%
TW:1805	38Underperform	TWD 1.31B	71.53	―	―	-59.33%	-94.38%
TW:1453	38Underperform	TWD 1.21B	15.88	―	―	4.78%	―

* General Sector Average

Performance Comparison

TW:1805 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:1805	Better Life Group Co., Ltd.	9.75	-2.30	-19.09%
TW:1453	Ta Jiang Co., Ltd.	10.70	-1.05	-8.91%
TW:1456	I-HWA Industrial Co., Ltd.	15.30	2.90	23.39%
TW:5548	Ancang Construction Co., Ltd	21.40	2.64	14.10%
TW:6219	Full Wang International Development Co. Ltd.	10.70	-8.75	-44.99%
TW:9902	Tidehold Development Co., Ltd.	13.30	-3.65	-21.53%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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

Better Life Group Co., Ltd. AI Stock Analysis