Sakura Development Co., Ltd. AI Stock Analysis
Sakura Development Co., Ltd. (2539) AI Stock Analysis
Sakura Development Co., Ltd.
(TWSE:2539)
Sakura Development scores well on the strength of its financials: rapid revenue and earnings growth, best-in-class developer margins, a materially de-levered balance sheet and a strong swing into NT$5.3bn of free cash flow. A low P/E of 7.1 plus a 2.0% dividend yield adds to the appeal. The main drag is technical: the share price sits below all key moving averages with negative MACD, signalling a persistent downtrend, though oversold RSI and Stochastic readings suggest selling pressure may be stretched. Investors should also monitor margin compression and a flat asset base, which could point to a lighter delivery pipeline ahead given the inherently lumpy nature of project-based revenue.
Sakura Development Co., Ltd. (2539) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 37.17B
- Dividend Yield
- 2.00%
- Average Volume (3M)
- 1.10M
- Price to Earnings (P/E)
- 9.2
- Beta (1Y)
- 0.11
- Revenue Growth
- -19.68%
- EPS Growth
- -27.30%
- Country
- TW
- Employees
- 113
- Sector
- General
- Sector Strength
- 55
- Industry
- Real Estate - Development
Sakura Development Co., Ltd. Business Overview & Revenue Model
Company Description
Established in 1976 and headquartered in Taichung, Taiwan, Sakura Development Co.,Ltd specializes in the residential real estate market. The company's primary activities involve both the sale and rental of housing units, with its efforts mainly conce...
Sakura Development Co., Ltd. Financial Statement Overview
Summary
Strong fundamentals across the board: revenue rose ~55% to NT$14.0bn and net income climbed 46% to NT$4.12bn, with a gross margin near 41% and net margin around 29% — excellent for a developer. The balance sheet has de-risked materially, with debt-to-equity down to 0.49 from 1.14 in 2021 and ROE improving to ~23%. Cash conversion swung sharply positive, with operating and free cash flow of NT$5.27bn exceeding net income. Offsetting these strengths are margin compression from last year's peak, a flat asset base hinting at a thinner future pipeline, and the historically lumpy, project-driven nature of revenue and cash flow, which has produced negative operating cash years in the past.
Income Statement
84Very PositiveBalance Sheet
76PositiveCash Flow
71Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.58B | 14.00B | 9.02B | 7.06B | 6.26B | 4.27B |
| Gross Profit | 6.81B | 5.74B | 4.36B | 3.23B | 2.27B | 1.36B |
| EBITDA | 6.17B | 5.13B | 3.59B | 2.48B | 1.93B | 992.10M |
| Net Income | 5.02B | 4.12B | 2.83B | 1.91B | 1.51B | 753.99M |
Balance Sheet | ||||||
| Total Assets | 32.56B | 32.48B | 31.53B | 25.28B | 20.96B | 21.01B |
| Cash, Cash Equivalents and Short-Term Investments | 6.09B | 8.40B | 5.10B | 2.80B | 1.19B | 1.51B |
| Total Debt | 7.22B | 8.82B | 9.50B | 9.01B | 8.54B | 9.71B |
| Total Liabilities | 12.55B | 14.57B | 17.25B | 13.48B | 11.00B | 12.52B |
| Stockholders Equity | 20.01B | 17.91B | 14.28B | 11.79B | 9.96B | 8.49B |
Cash Flow | ||||||
| Free Cash Flow | 5.58B | 5.27B | 448.54M | 410.42M | 1.13B | -1.57B |
| Operating Cash Flow | 5.58B | 5.27B | 451.03M | 410.89M | 1.13B | -1.56B |
| Investing Cash Flow | -33.58M | -8.12M | 406.00K | 1.61M | 10.57M | -14.54M |
| Financing Cash Flow | -2.97B | -1.18B | 180.71M | 351.47M | -1.21B | 1.59B |
Sakura Development Co., Ltd. Peers Comparison
Overall Rating
TW:259773Outperform- TW:253971Outperform
TW:552270Outperform
TW:254868Neutral
TW:180852Neutral
TW:254040Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2597 | 73Outperform | TWD 50.96B | 14.06 | ― | 5.88% | 19.74% | 24.12% |
| TW:2539 | 71Outperform | TWD 42.87B | 9.19 | ― | 2.00% | -19.68% | -27.30% |
| TW:5522 | 70Outperform | TWD 43.85B | 5.60 | ― | 11.55% | 163.53% | 445.08% |
| TW:2548 | 68Neutral | TWD 31.37B | 7.76 | ― | 7.68% | 330.96% | 810.71% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1808 | 52Neutral | TWD 34.49B | 6.15 | ― | 11.29% | 7156.51% | ― |
| TW:2540 | 40Underperform | TWD 41.29B | -5743.59 | ― | 13.39% | -12.51% | 8.08% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2539 | Sakura Development Co., Ltd. | 30.05 | -8.28 | -21.60% | |
| TW:1808 | Run Long Construction Co., Ltd. | 36.25 | -6.59 | -15.39% | |
| TW:2540 | JSL Construction & Development Co., Ltd. | 44.80 | 2.05 | 4.79% | |
| TW:2548 | Huaku Development Co., Ltd. | 94.50 | 6.19 | 7.01% | |
| TW:2597 | Ruentex Engineering & Construction Co. Ltd. | 164.50 | 14.83 | 9.91% | |
| TW:5522 | Farglory Land Development Co. Ltd. | 56.30 | 6.96 | 14.10% |
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