Gigastorage Corporation stock analysis
Gigastorage Corporation (2406) Stock Price & Analysis
2406 Stock Chart & Stats
- Day’s Range
- TWD 26.45 - TWD 30.20
- 52-Week Range
- TWD 18.30 - TWD 45.95
- Previous Close
- TWD 29.30
- Volume
- N/A
- Average Volume (3M)
- 6.14M
- Market Cap
- TWD 10.25B
- Enterprise Value
- TWD 26.17B
- Total Cash (Recent Filing)
- TWD 1.28B
- Total Debt (Recent Filing)
- TWD 7.71B
- Price to Earnings (P/E)
- 173.4
- Beta
- 0.79
- Next Earnings
- Nov 16, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Sep 12, 2012
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Revenue Recovery
The 2025 revenue rebound indicates that demand or business activity has recovered from the prior downturn. If maintained, stronger sales can improve operating leverage, support greater scale, and provide a broader base from which the company can work toward sustainable profitability.
Gross Margin Improvement
A meaningful recovery in gross margin suggests better pricing, product mix, or commercial execution than in the weakest prior period. Although the level remains modest, continued margin improvement could strengthen contribution economics and increase the potential for revenue growth to translate into earnings.
Positive Equity Base
Maintaining positive equity and modest asset growth provides a continuing balance-sheet foundation for operations and investment. This does not remove the company’s financial risks, but it indicates that the business is not described as distressed and retains some capacity to support its activities.
Bears Say
Persistent Unprofitability
Persistent operating and net losses show that the company has not converted its revenue recovery or improved gross margin into sustainable earnings. Continued losses can consume equity, constrain internal investment, and make future performance increasingly dependent on a successful operational turnaround.
Rising Leverage
The sharp increase in debt relative to equity reduces financial flexibility and raises the burden carried by the operating business. Higher leverage can limit the company’s ability to absorb continued losses, fund growth internally, or respond flexibly to weaker business conditions.
Deeply Negative Free Cash Flow
Deeply negative free cash flow indicates that reported operations are not currently funding investment and other cash needs. The small operating cash flow rebound is insufficient relative to the loss and cash burn, increasing reliance on external funding or available balance-sheet capacity.
2406 FAQ
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Company Description
Gigastorage Corporation
Gigastorage Corporation, founded in 1997 and based in Hsinchu City, Taiwan, operates as a global entity in the optoelectronics industry, with significant presence across Taiwan, Mainland China, and international markets. The company's operations are strategically divided into three core business units. The Silicon Products Division is responsible for the manufacturing, processing, and sale of solar silicon accessories, wafers, and diamond wires. Its Photovoltaic Materials Division focuses on the research, development, production, and distribution of solar conductive plasma. Complementing these, the Solar Power Plant Division specializes in the construction, operation, and electricity generation from solar power facilities. Beyond its primary divisions, Gigastorage offers a wide array of specialized products and services. It manufactures and trades various advanced materials, including those for energy applications, precision chemicals, wires, lithium batteries, and thick films for passive components. The company also provides a range of technical expertise, encompassing lithium-ion battery technology development and consulting, photovoltaic process testing, wafer surface treatment, silicon processing, and OEM services for solar silicon materials. Further demonstrating its commitment to renewable energy, Gigastorage supplies comprehensive photovoltaic (PV) systems and manufactures PV materials such as PV ribbons. The company is also proficient in establishing diverse solar power station solutions, ranging from large-scale ground-mounted facilities to rooftop installations designed for private homes, public infrastructure, factory buildings, and cottages. In the industrial sector, Gigastorage produces precision tools like PCB/BGA milling cutters and offers drill coating products, including coated milling cutters and drills. Its innovation extends to developing specialized paste formulations, such as low-temperature die attach, LED insulation die bond, electrical conductivity silver, and insulation pastes. Additionally, the company contributes to the biotechnology sector by providing conductive silver and carbon pastes for blood glucose strips. Gigastorage also engages in general investment activities and other ventures related to solar energy.
- Sector
- General
- Industry
- Computer Hardware
- CEO
- Chi Ming Chen
- Employees
- 1,054
- Website
- www.gigastorage.com.tw
- Address
- No. 3, Industrial 1st Road, Hsinchu City, TP, 30351, TW
Gigastorage Corporation (2406) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 5 | 8 |
| Technical Analysis | 4 | 5 | 1 |
| Moving Averages | 5 | 0 | 7 |

