Tsann Kuen Enterprise Co.,Ltd (2430) AI Stock Analysis

Tsann Kuen Enterprise Co.,Ltd

(TWSE:2430)

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Rating:43Neutral

Price Target:TWD 16.50▼(-2.94% Downside)

Action:initiatedcoverage

Date:11/10/26

Primarily weighed down by weak financial performance from multi-year revenue erosion and margin compression. Bearish technical signals with price below key moving averages add further pressure, while valuation receives limited support from the dividend yield.

Positive Factors

Consistent Free Cash FlowConsistently positive free cash flow gives Tsann Kuen internally generated funding for operations, dividends, debt service, and selective investment. Although 2025 cash flow declined, the continued surplus indicates the business still converts activity into cash and retains some financial resilience.

Negative Factors

Sustained Revenue DeclineA multi-year revenue contraction is a durable concern because it can reduce manufacturing scale, weaken customer reach, and make fixed costs harder to absorb. Continued top-line pressure also limits reinvestment capacity and raises the risk that future profitability remains structurally lower.

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

Revenue has fallen consistently since 2021 with gross margins compressed to 10.4% and net margins below 0.5%; elevated debt-to-equity near 1.07 and ROE collapsed to 1.8% highlight weak performance despite positive free cash flow.

Income Statement

22Negative

Balance Sheet

38Negative

Cash Flow

52Neutral

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2430 against its peers
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	43Neutral	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

TW:2430 and its peers over the selected period
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%

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

Tsann Kuen Enterprise Co.,Ltd AI Stock Analysis