Walsin Technology Corporation AI Stock Analysis
Walsin Technology Corporation (2492) AI Stock Analysis
Walsin Technology Corporation
(TWSE:2492)
Walsin Technology scores in the lower-middle range. Financial fundamentals are stable rather than strong: solid free cash flow generation and a manageable balance sheet are offset by severe margin compression, a 23% drop in net income and weak 4.4% return on equity. Technicals are the biggest near-term drag, with the price below all major moving averages, a negative MACD and deeply depressed stochastic readings amid high beta volatility. Valuation adds little support, as a 31.9x P/E on trough earnings with a sub-1% dividend yield leaves limited margin of safety. A recovery in component pricing and margins would be needed to justify a higher rating.
Walsin Technology Corporation (2492) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 138.04B
- Dividend Yield
- 0.87%
- Average Volume (3M)
- 31.84M
- Price to Earnings (P/E)
- 32.4
- Beta (1Y)
- 2.19
- Revenue Growth
- 20.39%
- EPS Growth
- 136.52%
- Country
- TW
- Employees
- 8,639
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Walsin Technology Corporation Business Overview & Revenue Model
Company Description
Walsin Technology Corporation is a global enterprise dedicated to the design, manufacturing, and international sales of electronic passive components. Its extensive product line encompasses crucial elements such as capacitors, resistors, thin-film de...
Walsin Technology Corporation Financial Statement Overview
Summary
A mixed profile. Cash flow is the standout strength: operating cash flow rose to NT$6.99bn and free cash flow improved roughly 22% to NT$5.92bn, covering 85% of net income and confirming high earnings quality. The balance sheet is adequate, with equity growing to NT$52.0bn and debt-to-equity improving to 0.58, though leverage remains moderate and return on equity has slipped to just 4.4%. The weakest link is the income statement: although revenue recovered about 5% to NT$36.5bn, gross margin has compressed to 17.3% from nearly 32% in 2020 and net income fell 23% year over year to NT$2.30bn, less than a third of the 2021 peak. Pricing pressure and a heavy fixed-cost base continue to cap earnings power.
Income Statement
48NeutralBalance Sheet
60NeutralCash Flow
65Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 39.02B | 36.46B | 34.76B | 32.80B | 35.30B | 42.11B |
| Gross Profit | 7.12B | 6.30B | 6.48B | 5.84B | 6.30B | 12.51B |
| EBITDA | 7.53B | 8.49B | 9.95B | 8.99B | 8.76B | 14.17B |
| Net Income | 4.32B | 2.30B | 2.98B | 1.98B | 2.30B | 7.93B |
Balance Sheet | ||||||
| Total Assets | 119.86B | 104.43B | 99.26B | 94.44B | 91.73B | 94.18B |
| Cash, Cash Equivalents and Short-Term Investments | 14.01B | 12.57B | 11.42B | 20.13B | 23.65B | 19.18B |
| Total Debt | 26.87B | 30.44B | 30.55B | 27.35B | 26.83B | 24.14B |
| Total Liabilities | 41.28B | 41.64B | 40.98B | 37.83B | 38.15B | 40.65B |
| Stockholders Equity | 66.44B | 52.04B | 48.65B | 46.58B | 44.28B | 44.39B |
Cash Flow | ||||||
| Free Cash Flow | 5.74B | 5.92B | 4.86B | 6.12B | 4.16B | 1.15B |
| Operating Cash Flow | 6.92B | 6.99B | 6.14B | 8.49B | 8.93B | 11.38B |
| Investing Cash Flow | -1.47B | -6.34B | -6.96B | -18.28B | -3.59B | -9.33B |
| Financing Cash Flow | -5.50B | -1.05B | 1.52B | -784.79M | 94.61M | -2.19B |
Walsin Technology Corporation Peers Comparison
Overall Rating
TW:304262Neutral
TW:302656Neutral
TW:246653Neutral
TW:811252Neutral- TW:249251Neutral
TW:316349Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3042 | 62Neutral | TWD 48.53B | 21.90 | ― | 3.39% | 9.03% | 13.53% |
| TW:3026 | 56Neutral | TWD 84.60B | 41.02 | ― | 1.14% | 17.07% | 110.82% |
| 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:8112 | 52Neutral | TWD 43.35B | 5.98 | ― | 4.93% | 148.84% | 1139.51% |
| TW:2492 | 51Neutral | TWD 139.69B | 32.41 | ― | 0.87% | 20.39% | 136.52% |
| TW:3163 | 49Neutral | TWD 45.09B | 56.88 | ― | 0.37% | 21.59% | 66.00% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2492 | Walsin Technology Corporation | 288.50 | 170.13 | 143.73% | |
| TW:2466 | Cosmo Electronics Corporation | 361.00 | 308.20 | 583.71% | |
| TW:3026 | Holy Stone Enterprise Co., Ltd. | 510.00 | 404.19 | 381.97% | |
| TW:3042 | TXC Corporation | 141.50 | 57.39 | 68.24% | |
| TW:3163 | Browave Corporation | 476.50 | 285.04 | 148.87% | |
| TW:8112 | Supreme Electronics Co., Ltd. | 77.10 | 0.65 | 0.84% |
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