Lelon Electronics Corp. AI Stock Analysis
Lelon Electronics Corp. (2472) AI Stock Analysis
Lelon Electronics Corp.
(TWSE:2472)
The score is anchored by solid fundamentals: growing revenue, improving gross and net margins, a de-leveraged balance sheet (debt/equity 0.23) and operating cash flow that comfortably exceeds net income. This is partly offset by cyclical earnings volatility, returns still below the 2022 peak, and heavy capital spending that is compressing free cash flow conversion. The main drag is the technical picture — the price trades well below all key moving averages with a deeply negative MACD, signalling a sustained downtrend, though extremely low RSI and Stochastic readings indicate oversold conditions. A moderate P/E of 16.0 and a 2.33% dividend yield provide some valuation support. No earnings call or corporate event data was available, so those components were excluded and their weight redistributed.
Lelon Electronics Corp. (2472) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 28.99B
- Dividend Yield
- 1.99%
- Average Volume (3M)
- 2.98M
- Price to Earnings (P/E)
- 16.8
- Beta (1Y)
- 1.90
- Revenue Growth
- 20.68%
- EPS Growth
- 44.10%
- Country
- TW
- Employees
- 2,775
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Lelon Electronics Corp. Business Overview & Revenue Model
Company Description
Lelon Electronics Corp. is a global enterprise dedicated to the development, production, and distribution of a diverse range of capacitors. Their primary offerings encompass various aluminum electrolytic capacitor designs, including radial leaded, su...
Lelon Electronics Corp. Financial Statement Overview
Summary
Lelon combines steady revenue growth (NT$11.3bn, up ~8%), expanding gross margin (31.4%) and a 24% rise in net income with a notably conservative balance sheet — debt/equity of just 0.23 and equity funding roughly half of assets. Operating cash flow of NT$2.20bn at ~1.5x net income confirms high-quality, cash-backed earnings. Offsetting this, margins and ROE (15.8%) remain below the 2022 peak, operating and EBITDA margins slipped, the 2023 revenue decline highlights cyclicality, and heavy capex of ~NT$1.0bn cut free cash flow to NT$1.21bn (55% conversion).
Income Statement
76PositiveBalance Sheet
80PositiveCash Flow
72Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.31B | 11.29B | 10.49B | 9.00B | 10.35B | 9.96B |
| Gross Profit | 3.82B | 3.54B | 3.23B | 2.53B | 3.17B | 2.93B |
| EBITDA | 3.24B | 2.88B | 2.89B | 2.18B | 2.77B | 2.32B |
| Net Income | 1.62B | 1.44B | 1.16B | 922.33M | 1.73B | 1.47B |
Balance Sheet | ||||||
| Total Assets | 19.80B | 18.21B | 16.73B | 14.78B | 14.68B | 13.16B |
| Cash, Cash Equivalents and Short-Term Investments | 5.95B | 5.63B | 4.84B | 3.80B | 3.37B | 2.39B |
| Total Debt | 1.66B | 2.09B | 2.46B | 2.70B | 2.60B | 2.52B |
| Total Liabilities | 5.20B | 4.41B | 4.45B | 4.26B | 4.50B | 4.20B |
| Stockholders Equity | 9.54B | 9.09B | 8.05B | 7.06B | 6.82B | 5.97B |
Cash Flow | ||||||
| Free Cash Flow | 869.91M | 1.21B | 1.59B | 585.32M | 1.49B | -656.34M |
| Operating Cash Flow | 2.06B | 2.20B | 2.18B | 1.26B | 2.58B | 661.60M |
| Investing Cash Flow | -869.97M | -990.98M | -480.92M | -544.23M | -1.07B | -1.29B |
| Financing Cash Flow | -991.62M | -1.02B | -574.11M | -563.78M | -612.28M | -222.60M |
Lelon Electronics Corp. Peers Comparison
Overall Rating
TW:242868.6Neutral- TW:247266Neutral
TW:335764Neutral
TW:617363Neutral
TW:804251Neutral
TW:547539Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2428 | 69Neutral | TWD 24.85B | 13.23 | ― | 3.08% | 19.78% | 25.02% |
| TW:2472 | 66Neutral | TWD 28.33B | 16.83 | ― | 1.99% | 20.68% | 44.10% |
| TW:3357 | 64Neutral | TWD 19.96B | 13.55 | ― | 2.82% | 30.96% | 30.72% |
| TW:6173 | 63Neutral | TWD 33.31B | 32.54 | ― | 1.17% | 23.02% | 140.90% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8042 | 51Neutral | TWD 17.60B | 34.30 | ― | 0.91% | 22.17% | 1207.91% |
| TW:5475 | 39Underperform | TWD 23.58B | 161.96 | ― | ― | 100.79% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2472 | Lelon Electronics Corp. | 176.00 | 69.12 | 64.68% | |
| TW:2428 | Thinking Electronic Industrial Co., Ltd. | 191.50 | 4.00 | 2.13% | |
| TW:3357 | TAI-TECH Advanced Electronics Co., Ltd. | 180.00 | 24.67 | 15.89% | |
| TW:5475 | Glotech Industrial Corp | 204.00 | 139.00 | 213.85% | |
| TW:6173 | Prosperity Dielectrics Co., Ltd. | 219.00 | 147.82 | 207.65% | |
| TW:8042 | Taiwan Chinsan Electronic Industrial Co. | 131.00 | 85.19 | 185.99% |
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