CUB Elecparts, Inc. (2231) AI Stock Analysis

CUB Elecparts, Inc.

(TWSE:2231)

Select Model

Rating:40Underperform

Price Target:TWD 74.00▼(-6.33% Downside)

Action:initiatedcoverage

Date:11/10/26

Weak financial performance in 2025 with losses and negative cash flow is the primary driver lowering the score, compounded by bearish technical indicators and unattractive valuation metrics.

Positive Factors

Historical ProfitabilityPrior profitability shows the company has historically operated with an earnings-generating business model rather than structurally uneconomic operations. If demand and execution recover, that established record may support a return to positive earnings over the next several quarters.

Negative Factors

Profit and Revenue DeteriorationThe sharp 2025 reversal indicates that weaker demand or pricing pressure has materially reduced earnings power. A net loss and negative operating profit weaken internal funding capacity and make a durable recovery dependent on restoring revenue momentum and operating efficiency.

CUB Elecparts, Inc. (2231) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 10.67B
Dividend Yield: 0.63%
Average Volume (3M): 195.81K
Price to Earnings (P/E): -88.3
Beta (1Y): 0.77
Revenue Growth: -20.55%
EPS Growth: -146.86%
Country: TW
Employees: 257
Sector: General
Sector Strength: 55
Industry: Auto - Parts

CUB Elecparts, Inc. Business Overview & Revenue Model

Company Description

Cub Elecparts Inc. is a producer and global provider of automotive electrical and electronic components. The company's operations span various international markets, including Taiwan, China, the United States, and Germany. Its extensive product range...

CUB Elecparts, Inc. Financial Statement Overview

Summary

2025 results show revenue drop, net loss, compressed margins, rising debt-to-equity to 1.57, and negative cash flows indicating weak financial performance.

Income Statement

38Negative

Balance Sheet

33Negative

Cash Flow

27Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.44B	3.65B	4.67B	4.40B	3.96B	4.08B
Gross Profit	1.03B	1.19B	1.54B	1.75B	1.64B	1.67B
EBITDA	105.98M	6.45M	1.04B	802.64M	937.01M	850.72M
Net Income	-124.92M	-223.77M	474.88M	443.79M	629.72M	515.93M
Balance Sheet
Total Assets	10.68B	10.93B	11.82B	10.25B	9.72B	9.57B
Cash, Cash Equivalents and Short-Term Investments	988.92M	1.45B	2.54B	1.19B	2.17B	2.31B
Total Debt	5.18B	5.28B	4.89B	3.79B	3.21B	3.55B
Total Liabilities	6.30B	6.49B	6.20B	5.02B	4.56B	4.91B
Stockholders Equity	3.39B	3.37B	4.30B	4.21B	4.10B	3.53B
Cash Flow
Free Cash Flow	-721.13M	-863.17M	-333.58M	-1.25B	760.92M	102.23M
Operating Cash Flow	-35.55M	-26.33M	29.25M	-601.53M	1.16B	734.23M
Investing Cash Flow	-457.51M	-478.06M	321.35M	-827.38M	-884.47M	-731.04M
Financing Cash Flow	-463.02M	-274.17M	871.73M	282.33M	-426.56M	1.10B

CUB Elecparts, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2231 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5306	68Neutral	TWD 10.60B	12.04	―	4.52%	-2.06%	-17.27%
TW:6279	64Neutral	TWD 11.90B	8.76	―	5.62%	12.67%	15.02%
TW:8255	57Neutral	TWD 12.08B	19.82	―	2.94%	-3.86%	-3.77%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3162	50Neutral	TWD 11.07B	105.25	―	1.12%	36.58%	-66.59%
TW:2231	40Underperform	TWD 10.66B	-88.27	―	0.63%	-20.55%	-146.86%
TW:1536	33Underperform	TWD 10.59B	-19.89	―	―	-4.17%	-15.31%

* General Sector Average

Performance Comparison

TW:2231 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2231	CUB Elecparts, Inc.	79.00	-20.31	-20.45%
TW:1536	Hota Industrial Manufacturing Co., Ltd.	38.20	-20.30	-34.70%
TW:3162	United Alloy-Tech Company Ltd	77.40	23.15	42.67%
TW:5306	KMC (Kuei Meng) International Inc.	84.10	-3.32	-3.80%
TW:6279	Hu Lane Associate, Inc.	97.90	-25.51	-20.67%
TW:8255	Actron Technology Corporation	119.00	-1.80	-1.49%

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

CUB Elecparts, Inc. AI Stock Analysis