Walsin Technology Corporation (2492) AI Stock Analysis

Walsin Technology Corporation

(TWSE:2492)

Select Model

Rating:54.4Neutral

Price Target:TWD 264.00▼(-8.33% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weaker profitability and cash-flow trends, despite a relatively solid balance sheet. Technical momentum is also weak, with the share price below all listed moving averages and a negative MACD. The relatively high P/E and low dividend yield further reduce the overall score.

Positive Factors

Diversified End MarketsExposure across consumer electronics, computing, communications, automotive, and industrial applications gives Walsin Technology a broader demand base than a single-market supplier. This product and end-market diversification can support durable customer relevance and reduce dependence on any one application cycle over the next several quarters.

Negative Factors

Margin CompressionThe substantial decline in gross and net margins shows that profitability has normalized materially from earlier highs. Lower margins reduce the earnings produced from each unit of revenue, limit resilience against further cost or pricing pressure, and make sustained profit expansion more difficult.

Walsin Technology Corporation (2492) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 140.22B
Dividend Yield: 0.87%
Average Volume (3M): 31.49M
Price to Earnings (P/E): 32.4
Beta (1Y): 2.21
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

The average of the provided income statement, balance sheet, and cash flow scores is 59.0. Moderate leverage and a growing capital base support the score, but declining margins, lower net income and ROE, and weakening cash-flow trends limit financial strength.

Income Statement

55Neutral

Balance Sheet

70Positive

Cash Flow

52Neutral

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2492 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3042	62Neutral	TWD 48.53B	22.92	―	3.30%	9.03%	13.53%
TW:3026	56Neutral	TWD 84.60B	44.12	―	1.03%	17.07%	110.82%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2492	54Neutral	TWD 139.69B	32.36	―	0.87%	20.39%	136.52%
TW:2466	53Neutral	TWD 62.62B	252.88	―	―	-18.81%	―
TW:8112	52Neutral	TWD 43.35B	4.03	―	4.56%	148.84%	1132.71%
TW:3163	49Neutral	TWD 45.09B	59.78	―	0.36%	21.59%	66.00%

* General Sector Average

Performance Comparison

TW:2492 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2492	Walsin Technology Corporation	288.00	164.16	132.55%
TW:2466	Cosmo Electronics Corporation	397.00	343.30	639.29%
TW:3026	Holy Stone Enterprise Co., Ltd.	561.00	456.18	435.20%
TW:3042	TXC Corporation	145.50	63.25	76.91%
TW:3163	Browave Corporation	481.00	288.26	149.56%
TW:8112	Supreme Electronics Co., Ltd.	83.40	11.19	15.50%

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

Walsin Technology Corporation AI Stock Analysis