Long Bon International Co., Ltd. (2514) AI Stock Analysis

Long Bon International Co., Ltd.

(TWSE:2514)

Select Model

Rating:56.6Neutral

Price Target:TWD 11.00▲(5.26% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by deteriorating cash flow, weaker profitability, and bearish technical trends. Lower leverage and an improved balance sheet are meaningful strengths, but they do not fully offset the cash-generation risk and relatively high P/E.

Positive Factors

Improved Balance SheetLower leverage and a larger equity base improve financial flexibility and provide more capacity to absorb operating volatility. This strengthens the company’s resilience and supports continued investment, although returns on the expanded equity base require monitoring.

Negative Factors

Volatile Cash ConversionNegative operating and free cash flow in 2025 reduces confidence that reported earnings consistently convert into cash. The history of swings also points to project timing or working-capital volatility, which can constrain funding flexibility over coming quarters.

Long Bon International Co., Ltd. (2514) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.72B
Dividend Yield: ―
Average Volume (3M): 92.44K
Price to Earnings (P/E): 26.1
Beta (1Y): 0.31
Revenue Growth: -4.02%
EPS Growth: -79.62%
Country: TW
Employees: 6,379
Sector: General
Sector Strength: 55
Industry: Engineering & Construction

Long Bon International Co., Ltd. Business Overview & Revenue Model

Company Description

Long Bon International Co., Ltd. is a Taiwanese company that, through its subsidiaries, operates across diverse sectors including financial investment, construction, and real estate development. Its construction activities span a broad range, from re...

Long Bon International Co., Ltd. Financial Statement Overview

Summary

The balance sheet is strong, supported by lower debt and higher equity, but weaker revenue and margins plus sharply negative operating and free cash flow reduce the score.

Income Statement

62Positive

Balance Sheet

82Very Positive

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Mar 2024	Mar 2023	Dec 2021
Income Statement
Total Revenue	22.08B	21.64B	24.90B	17.82B	9.17B	11.43B
Gross Profit	2.73B	2.88B	3.35B	1.64B	606.11M	809.94M
EBITDA	505.86M	1.63B	2.20B	1.14B	665.27M	1.23B
Net Income	140.88M	668.21M	1.02B	884.09M	327.47M	886.38M
Balance Sheet
Total Assets	37.76B	38.91B	39.76B	40.82B	25.85B	24.48B
Cash, Cash Equivalents and Short-Term Investments	5.46B	5.17B	8.13B	5.26B	2.22B	2.99B
Total Debt	4.52B	4.70B	5.89B	8.08B	8.86B	8.04B
Total Liabilities	17.76B	17.91B	19.46B	20.94B	15.17B	14.21B
Stockholders Equity	12.39B	12.69B	11.98B	11.43B	10.59B	10.16B
Cash Flow
Free Cash Flow	401.19M	-260.43M	4.84B	938.44M	1.35B	385.74M
Operating Cash Flow	654.66M	-7.36M	5.02B	2.08B	1.46B	514.91M
Investing Cash Flow	-303.32M	-1.83B	-569.98M	873.50M	-3.05B	-451.67M
Financing Cash Flow	-818.23M	-1.23B	-1.51B	-1.19B	1.27B	-681.14M

Long Bon International Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2514 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2516	68Neutral	TWD 3.71B	9.59	―	―	-17.80%	82.70%
TW:6212	62Neutral	TWD 3.62B	17.10	―	9.87%	-60.85%	-70.77%
TW:3188	61Neutral	TWD 4.07B	3.04	―	14.83%	460.94%	448.37%
TW:5533	60Neutral	TWD 3.92B	19.93	―	4.36%	-19.87%	-6.97%
TW:2514	57Neutral	TWD 3.81B	26.13	―	―	-4.02%	-79.62%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2538	48Neutral	TWD 3.64B	13.61	―	6.11%	-36.52%	―

* General Sector Average

Performance Comparison

TW:2514 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2514	Long Bon International Co., Ltd.	10.45	-4.30	-29.15%
TW:2516	New Asia Construction & Development Corp.	16.50	1.65	11.11%
TW:2538	Kee Tai Properties Co., Ltd.	8.18	-2.13	-20.64%
TW:3188	Golden Long Teng Development Co. Ltd.	21.55	-4.49	-17.24%
TW:5533	Founding Construction Development Co., Ltd.	13.75	-0.28	-1.97%
TW:6212	Li Ming Development Construction Co., Ltd.	35.40	-4.95	-12.27%

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

Long Bon International Co., Ltd. AI Stock Analysis