Cosmo Electronics Corporation (2466) AI Stock Analysis

Cosmo Electronics Corporation

(TWSE:2466)

Select Model

Rating:53Neutral

Price Target:TWD 303.00▼(-16.07% Downside)

Action:initiatedcoverage

Date:11/10/26

Low financial performance due to revenue declines, margin collapse, and weak cash flows is the primary drag, partially offset by strong technical momentum; high valuation adds further pressure.

Positive Factors

Improving LeverageThe sustained reduction in debt-to-equity indicates gradual balance-sheet de-risking and improves financial flexibility relative to prior years. Lower leverage can reduce pressure on future cash flows, support resilience during weak operating periods, and create more capacity for necessary investment.

Negative Factors

Revenue DeclineThe 2025 revenue contraction signals weakening demand or business activity and reduces the scale available to absorb fixed operating costs. Continued top-line pressure would make recovery harder, constrain reinvestment capacity, and increase dependence on margin improvement.

Cosmo Electronics Corporation (2466) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 66.96B
Dividend Yield: ―
Average Volume (3M): 2.14M
Price to Earnings (P/E): 229.9
Beta (1Y): -0.07
Revenue Growth: -18.81%
EPS Growth: ―
Country: TW
Employees: 1,393
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

Cosmo Electronics Corporation Business Overview & Revenue Model

Company Description

Cosmo Electronics Corporation, established in 1981 and headquartered in New Taipei City, Taiwan, is an international manufacturer and supplier of electronic components, focusing primarily on relays and optoelectronic devices. The company's optoelectr...

Cosmo Electronics Corporation Financial Statement Overview

Summary

Weak income statement with declining revenue and collapsing margins, plus poor cash flow generation, outweigh the improved leverage on the balance sheet.

Income Statement

28Negative

Balance Sheet

65Positive

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	899.51M	949.05M	1.11B	1.05B	1.39B	1.34B
Gross Profit	84.00M	4.73M	137.95M	153.81M	337.13M	232.93M
EBITDA	-56.72M	-186.26M	186.50M	254.24M	290.53M	201.97M
Net Income	272.30M	42.43M	-28.96M	30.08M	110.90M	54.94M
Balance Sheet
Total Assets	4.65B	4.28B	4.32B	4.34B	4.37B	3.99B
Cash, Cash Equivalents and Short-Term Investments	99.88M	235.03M	135.39M	635.77M	612.20M	586.25M
Total Debt	1.26B	1.32B	1.74B	2.07B	2.00B	1.89B
Total Liabilities	2.71B	2.28B	2.35B	2.46B	2.47B	2.32B
Stockholders Equity	1.94B	2.01B	1.97B	1.88B	1.90B	1.67B
Cash Flow
Free Cash Flow	-128.42M	-56.80M	-149.19M	103.94M	-64.87M	-207.54M
Operating Cash Flow	-88.30M	12.81M	27.76M	161.18M	72.27M	56.74M
Investing Cash Flow	31.25M	-60.83M	-157.60M	-30.52M	-239.68M	-361.94M
Financing Cash Flow	-86.70M	144.12M	-428.54M	-33.55M	19.84M	-113.34M

Cosmo Electronics Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2466 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2455	62Neutral	TWD 69.09B	73.02	―	0.71%	34.47%	92.24%
TW:4979	61Neutral	TWD 54.47B	61.63	―	0.56%	23.09%	43.10%
TW:6278	59Neutral	TWD 63.74B	20.97	―	2.55%	5.43%	16.09%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2466	53Neutral	TWD 62.62B	229.95	―	―	-18.81%	―
TW:3714	48Neutral	TWD 38.16B	-138.29	―	5.97%	4.37%	―
TW:2352	44Neutral	TWD 47.26B	30.20	―	10.69%	1.60%	19.60%

* General Sector Average

Performance Comparison

TW:2466 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2466	Cosmo Electronics Corporation	361.00	309.50	600.97%
TW:2352	Qisda Corporation	29.90	2.63	9.64%
TW:2455	Visual Photonics Epitaxy Co., Ltd.	369.50	214.06	137.71%
TW:3714	Ennostar Inc.	96.15	39.16	68.71%
TW:4979	Luxnet Corporation	383.00	179.05	87.79%
TW:6278	Taiwan Surface Mounting Technology Corp.	218.00	116.41	114.58%

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 10, 2026

Cosmo Electronics Corporation AI Stock Analysis