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Orient Semiconductor Electronics, Limited (2329) AI Stock Analysis

TW:2329

Orient Semiconductor Electronics, Limited

(TWSE:2329)

Select Model
Rating:43Neutral
Price Target:TWD 33.00â–¼(-10.81% Downside)
Action:initiatedcoverage
Date:11/10/26

The overall score is very low, driven primarily by severe financial stress. The most significant factor is the company's deeply negative free cash flow and collapsing revenue, which signal a deteriorating business model. Technical trends reinforce this weakness with strong bearish momentum. While the balance sheet offers some stability and the valuation appears modest, these are insufficient to offset the fundamental operational and cash flow risks.

Positive Factors
Conservative balance sheetDebt-to-equity of about 0.20 TTM and meaningful equity expansion indicate a conservative funding structure. Low leverage preserves financial flexibility to sustain operations, invest through a semiconductor downturn, and absorb volatility without the balance-sheet strain associated with heavier borrowing.
Negative Factors
Revenue contractionA 21% TTM revenue decline signals a meaningful top-line slowdown and weaker demand conditions for the business. Sustained contraction can reduce operating leverage, limit reinvestment capacity, and make recovery more dependent on a broader improvement in the semiconductor demand cycle.

Orient Semiconductor Electronics, Limited (2329) vs. SPDR S&P 500 ETF (SPY)

-40%-30%-20%-10%0%10%20%30%40%50%TW:2329-23.65%SPY+14.28%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 24.51B
Dividend Yield
2.70%
Average Volume (3M)
2.40M
Price to Earnings (P/E)
14.7
Beta (1Y)
1.25
Revenue Growth
10.61%
EPS Growth
51.02%
Country
TW
Employees
5,701
Sector
General
Sector Strength
55
Industry
Semiconductors

Orient Semiconductor Electronics, Limited Business Overview & Revenue Model

Company Description

Orient Semiconductor Electronics, Ltd., founded in 1971 and based in Kaohsiung, Taiwan, operates globally as a manufacturer, assembler, processor, and vendor of diverse electronic components. Its product portfolio includes integrated circuits, semico...

Orient Semiconductor Electronics, Limited Financial Statement Overview

Summary

Financial performance is weak. The income statement shows a 21% revenue decline and compressed margins, while cash flow is deeply negative with poor cash conversion. The balance sheet is stable with low debt, but declining returns on equity and severe cash burn outweigh this strength.

Income Statement

35Negative

Balance Sheet

72Positive

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue20.64B19.68B16.28B16.69B15.53B15.95B
Gross Profit2.90B2.96B2.47B3.32B2.52B2.94B
EBITDA2.69B2.71B2.39B3.25B2.93B3.27B
Net Income1.39B1.41B1.23B1.88B1.45B1.53B
Balance Sheet
Total Assets26.29B20.71B19.54B18.47B16.95B17.02B
Cash, Cash Equivalents and Short-Term Investments2.48B2.72B4.45B3.91B4.19B2.73B
Total Debt3.39B2.40B1.48B1.37B1.31B1.31B
Total Liabilities9.60B9.56B7.97B7.19B7.20B8.05B
Stockholders Equity16.69B11.15B11.57B11.27B9.75B8.97B
Cash Flow
Free Cash Flow-773.99M-683.12M1.28B1.71B1.63B1.90B
Operating Cash Flow1.91B1.68B3.27B2.65B2.77B2.98B
Investing Cash Flow-2.32B-2.61B-1.97B-1.08B-858.75M-1.15B
Financing Cash Flow282.06M-793.17M-788.54M-1.61B-664.84M-949.44M

Orient Semiconductor Electronics, Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:2329 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:8131TW:813165NeutralTWD 23.84B13.86―1.81%37.20%416.69%
TW:8086TW:808663NeutralTWD 19.63B20.36―1.61%38.98%147.17%
TW:2328TW:232861NeutralTWD 24.34B1.23―1.90%-13.85%-78.67%
TW:3265TW:326558NeutralTWD 21.46B23.62―2.47%15.38%34.04%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:2329TW:232943NeutralTWD 24.47B14.68―2.70%10.61%51.02%
TW:3707TW:370738UnderperformTWD 24.11B-51.85――22.70%38.31%

* General Sector Average

Performance Comparison

0%50%100%150%200%TW:2329TW:2328TW:3265TW:3707TW:8086TW:8131Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:2329 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:2329Orient Semiconductor Electronics, Limited37.00-14.90-28.70%
TW:2328Pan-International Industrial Corp.47.40-2.56-5.12%
TW:3265Winstek Semiconductor Co. Ltd.166.0069.0671.23%
TW:3707Episil Technologies Inc.60.9010.5020.83%
TW:8086Advanced Wireless Semiconductor Co.104.50-10.83-9.39%
TW:8131Formosa Advanced Technologies Co., Ltd.55.407.7416.25%
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