Tsann Kuen Enterprise Co.,Ltd AI Stock Analysis
Tsann Kuen Enterprise Co.,Ltd (2430) AI Stock Analysis
Tsann Kuen Enterprise Co.,Ltd
(TWSE:2430)
Tsann Kuen scores below average, driven primarily by weakening fundamentals: four straight years of revenue decline, a sharp gross margin contraction to 10.4%, near-zero net margin and return on equity under 2%. Technicals reinforce the caution, with the price trading beneath all key moving averages and a negative MACD. Valuation offers partial support through a 4.6% dividend yield, but a 35x P/E on depressed earnings limits the appeal. The company's saving grace is consistent positive free cash flow and gradual deleveraging, which provide near-term stability — yet with cash flow itself halving over two years, the investment case rests entirely on management stabilizing sales and restoring margins.
Tsann Kuen Enterprise Co.,Ltd (2430) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.00B
- Dividend Yield
- 4.71%
- Average Volume (3M)
- 47.48K
- Price to Earnings (P/E)
- 29.3
- Beta (1Y)
- 0.10
- Revenue Growth
- -1.62%
- EPS Growth
- -41.96%
- Country
- TW
- Employees
- 3,828
- Sector
- General
- Sector Strength
- 55
- Industry
- Specialty Retail
Tsann Kuen Enterprise Co.,Ltd Business Overview & Revenue Model
Company Description
Tsann Kuen Enterprise Co., Ltd., headquartered in Taipei, Taiwan, was founded in 1978. Through its various subsidiaries, the company operates both domestically and internationally as a manufacturer and supplier of electrical and electronic consumer a...
Tsann Kuen Enterprise Co.,Ltd Financial Statement Overview
Summary
Fundamentals are deteriorating. Revenue has declined four consecutive years to NT$17.7bn, gross margin collapsed from 15.1% to 10.4%, and net profit fell to NT$81m for a razor-thin 0.5% net margin and sub-2% return on equity. The balance sheet is adequate — debt-to-equity has eased to 1.07 and equity remains positive — but thin earnings leave little cushion to service a NT$4.7bn debt load. The one bright spot is cash generation: operating cash flow of NT$867m and free cash flow of NT$793m keep the business self-funding, though FCF has more than halved in two years and now covers only about 20% of total debt.
Income Statement
29NegativeBalance Sheet
50NeutralCash Flow
56Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 17.49B | 17.68B | 18.99B | 19.98B | 22.29B | 22.71B |
| Gross Profit | 1.98B | 1.83B | 2.86B | 2.98B | 3.45B | 3.61B |
| EBITDA | 1.21B | 1.33B | 1.54B | 1.63B | 1.99B | 1.99B |
| Net Income | 57.29M | 81.18M | 188.44M | 278.74M | 593.13M | 653.69M |
Balance Sheet | ||||||
| Total Assets | 13.50B | 12.83B | 13.84B | 14.16B | 14.97B | 15.85B |
| Cash, Cash Equivalents and Short-Term Investments | 1.32B | 1.11B | 1.52B | 1.42B | 1.93B | 3.09B |
| Total Debt | 4.79B | 4.72B | 5.20B | 5.47B | 5.36B | 5.32B |
| Total Liabilities | 9.17B | 8.42B | 9.35B | 9.61B | 10.24B | 10.67B |
| Stockholders Equity | 4.32B | 4.41B | 4.50B | 4.55B | 4.73B | 5.18B |
Cash Flow | ||||||
| Free Cash Flow | 1.21B | 793.46M | 1.36B | 952.96M | 1.76B | 2.46B |
| Operating Cash Flow | 1.25B | 866.82M | 1.44B | 1.06B | 1.99B | 2.73B |
| Investing Cash Flow | -83.26M | -65.21M | -107.06M | -56.92M | -239.98M | -319.09M |
| Financing Cash Flow | -1.11B | -1.19B | -1.26B | -1.47B | -2.08B | -1.18B |
Tsann Kuen Enterprise Co.,Ltd Peers Comparison
Overall Rating
TW:320656Neutral
TW:807254Neutral
TW:621650Neutral
TW:302747Neutral- TW:243045Neutral
TW:548433Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3206 | 56Neutral | TWD 1.85B | 15.48 | ― | 4.80% | -0.47% | 1.25% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8072 | 54Neutral | TWD 1.85B | 14.69 | ― | 4.26% | 27.49% | 64.44% |
| TW:6216 | 50Neutral | TWD 1.76B | 885.71 | ― | 5.60% | -25.98% | -97.11% |
| TW:3027 | 47Neutral | TWD 2.02B | -15.87 | ― | ― | -41.51% | -102.45% |
| TW:2430 | 45Neutral | TWD 2.01B | 29.31 | ― | 4.71% | -1.62% | -41.96% |
| TW:5484 | 33Underperform | TWD 2.03B | 23.32 | ― | ― | 77.09% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2430 | Tsann Kuen Enterprise Co.,Ltd | 17.00 | -6.35 | -27.19% | |
| TW:3027 | Billion Electric Co., Ltd. | 15.55 | -8.90 | -36.40% | |
| TW:3206 | Kingstate Electronics Corp. | 31.25 | -0.69 | -2.15% | |
| TW:5484 | EverFocus Electronics Co. Ltd. | 30.80 | -6.40 | -17.20% | |
| TW:6216 | DrayTek Corporation | 18.40 | -7.29 | -28.37% | |
| TW:8072 | AV Tech Corporation | 23.50 | -7.68 | -24.64% |
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