Coplus Inc. AI Stock Analysis
Coplus Inc. (2254) AI Stock Analysis
Coplus Inc.
(TWSE:2254)
Coplus scores in the middle-low range, weighed down primarily by weak fundamentals: a multi-year revenue contraction, margin compression and three straight years of losses, with debt still above two times annual revenue. These risks are partly cushioned by genuine improvement in the financial base — sharply lower leverage, recovering EBITDA margins and the first meaningfully positive free cash flow since 2020. The strongest support comes from technicals, where the stock trades well above all major moving averages with positive MACD, though momentum readings are stretched. Valuation offers no support, with a negative P/E reflecting ongoing losses and no dividend income. A sustained turnaround in sales and gross margin is needed to justify the recent price strength.
Coplus Inc. (2254) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 7.14B
- Dividend Yield
- ―
- Average Volume (3M)
- 2.12M
- Price to Earnings (P/E)
- -27.3
- Beta (1Y)
- 0.26
- Revenue Growth
- -78.81%
- EPS Growth
- -761.63%
- Country
- TW
- Employees
- 349
- Sector
- General
- Sector Strength
- 55
- Industry
- Auto - Parts
Coplus Inc. Business Overview & Revenue Model
Company Description
Coplus Inc. offers single products of automobile and motorcycle parts in Taiwan, the United States, and internationally. The company offers headlights, radiator grilles, water tank shields, and automotive components. The company was founded in 1964 a...
Coplus Inc. Financial Statement Overview
Summary
Fundamentals remain weak overall. Revenue has collapsed from NT$1.16bn in 2021 to NT$478m, with a further 17.5% decline in the latest year, while gross margin compressed from ~38% to 22% and the company posted a third consecutive annual loss (net loss NT$53.4m). Offsetting this, losses are narrowing, EBITDA margin improved to 18.6%, leverage has been cut sharply (debt/equity down from 2.08x to 0.92x), and free cash flow swung positive to NT$98.1m after four negative years. However, debt still exceeds two times annual revenue and ROE remains negative at ~-4.9%, leaving the earnings recovery unproven.
Income Statement
27NegativeBalance Sheet
45NeutralCash Flow
62Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 221.34M | 477.76M | 632.84M | 549.66M | 928.67M | 1.16B |
| Gross Profit | -58.28M | 105.00M | 166.12M | 156.47M | 333.88M | 444.76M |
| EBITDA | -62.80M | 88.87M | 74.47M | 78.37M | 284.05M | 395.78M |
| Net Income | -199.59M | -53.39M | -67.49M | -47.56M | 148.71M | 251.21M |
Balance Sheet | ||||||
| Total Assets | 2.19B | 2.18B | 2.42B | 2.40B | 2.09B | 2.20B |
| Cash, Cash Equivalents and Short-Term Investments | 148.38M | 85.84M | 147.65M | 361.51M | 246.68M | 554.88M |
| Total Debt | 1.17B | 1.01B | 1.17B | 1.24B | 1.12B | 1.34B |
| Total Liabilities | 1.23B | 1.08B | 1.26B | 1.41B | 1.33B | 1.55B |
| Stockholders Equity | 967.02M | 1.10B | 1.16B | 990.90M | 760.52M | 647.58M |
Cash Flow | ||||||
| Free Cash Flow | -130.14M | 98.08M | -106.69M | -274.46M | -272.78M | -518.10M |
| Operating Cash Flow | -120.88M | 124.37M | 12.34M | 2.15M | 22.61M | 494.05M |
| Investing Cash Flow | -21.99M | -26.39M | -117.36M | -276.70M | -291.77M | -987.07M |
| Financing Cash Flow | 135.10M | -165.08M | -109.79M | 390.64M | -36.55M | 862.04M |
Coplus Inc. Peers Comparison
Overall Rating
TW:839073Outperform
TW:457171Outperform
TW:893858Neutral- TW:225455Neutral
TW:300354Neutral
TW:152242Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:8390 | 73Outperform | TWD 7.76B | 8.53 | ― | 4.82% | 31.85% | 50.37% |
| TW:4571 | 71Outperform | TWD 7.65B | 16.61 | ― | 3.53% | -0.89% | -0.66% |
| TW:8938 | 58Neutral | TWD 7.36B | 11.07 | ― | 8.70% | -0.03% | -33.33% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2254 | 55Neutral | TWD 7.08B | -27.33 | ― | ― | -78.81% | -761.63% |
| TW:3003 | 54Neutral | TWD 7.46B | 19.54 | ― | 2.06% | 11.87% | 44.15% |
| TW:1522 | 42Neutral | TWD 7.42B | -121.64 | ― | 5.01% | 34.53% | -119.38% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2254 | Coplus Inc. | 111.50 | 53.00 | 90.60% | |
| TW:1522 | TYC Brother Industrial Co, Ltd. | 23.95 | -21.94 | -47.81% | |
| TW:3003 | K.S. Terminals Inc. | 48.50 | 0.27 | 0.57% | |
| TW:4571 | Khgears International Ltd. | 149.50 | -9.67 | -6.08% | |
| TW:8390 | Jiin Yeeh Ding Enterprise Co., Ltd. | 78.80 | 13.31 | 20.32% | |
| TW:8938 | Advanced International Multitech Co. Ltd. | 46.00 | -15.67 | -25.42% |
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