Taiwan Taxi Co., Ltd. AI Stock Analysis
Taiwan Taxi Co., Ltd. (2640) AI Stock Analysis
Taiwan Taxi Co., Ltd.
(TPEx:2640)
Taiwan Taxi scores well on fundamentals: consistent revenue growth, expanding net margins, a 24.4% return on equity and a conservatively financed balance sheet, backed by operating cash flow that exceeds reported earnings. Valuation reinforces the case, with a modest 13.9x P/E and a high 6.06% dividend yield. The main drag is price action — the stock sits below all major moving averages with negative MACD, signalling a sustained downtrend, while deeply oversold RSI and Stochastic readings point to stretched selling. Fundamental watch items include decelerating revenue growth, slipping operating margins, a sharp rise in debt and lower free cash flow from heavier capital spending. Overall, a financially sound, income-oriented holding whose weak price trend tempers an otherwise appealing valuation.
Taiwan Taxi Co., Ltd. (2640) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 7.76B
- Dividend Yield
- 6.13%
- Average Volume (3M)
- 52.91K
- Price to Earnings (P/E)
- 13.7
- Beta (1Y)
- -0.02
- Revenue Growth
- 6.14%
- EPS Growth
- 2.06%
- Country
- TW
- Employees
- 800
- Sector
- General
- Sector Strength
- 55
- Industry
- General Transportation
Taiwan Taxi Co., Ltd. Business Overview & Revenue Model
Company Description
Taiwan Taxi Co.,Ltd. serves as a prominent provider of diverse transportation solutions throughout Taiwan. The company's primary offering includes convenient, on-demand taxi services. Beyond standard cab rides, its extensive service portfolio encompa...
Taiwan Taxi Co., Ltd. Financial Statement Overview
Summary
Taiwan Taxi combines steady growth with strong profitability: revenue has risen roughly 58% over five years, net margin nearly doubled to 16.9%, and return on equity sits at an impressive 24.4%. The balance sheet is conservatively financed, with equity funding about half of assets and debt-to-equity at a manageable 0.40. Cash generation is high quality, with operating cash flow of NT$695 million exceeding net income by about 1.3x. Offsetting these strengths, momentum is cooling — revenue growth slowed to about 4%, operating margin slipped to 20.9%, debt jumped roughly 34%, and both operating and free cash flow fell on heavier capital spending.
Income Statement
78PositiveBalance Sheet
76PositiveCash Flow
70Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.28B | 3.15B | 3.02B | 2.87B | 2.53B | 2.09B |
| Gross Profit | 1.66B | 1.58B | 1.48B | 1.35B | 1.21B | 953.41M |
| EBITDA | 849.51M | 857.61M | 881.39M | 730.73M | 629.99M | 492.07M |
| Net Income | 565.18M | 533.87M | 529.01M | 419.65M | 355.56M | 243.60M |
Balance Sheet | ||||||
| Total Assets | 4.09B | 4.30B | 3.90B | 3.42B | 3.17B | 3.03B |
| Cash, Cash Equivalents and Short-Term Investments | 1.39B | 1.46B | 1.16B | 908.36M | 810.69M | 689.18M |
| Total Debt | 450.08M | 873.76M | 653.59M | 512.66M | 475.77M | 650.84M |
| Total Liabilities | 2.01B | 2.03B | 1.73B | 1.42B | 1.29B | 1.27B |
| Stockholders Equity | 2.00B | 2.19B | 2.07B | 1.90B | 1.78B | 1.63B |
Cash Flow | ||||||
| Free Cash Flow | 654.69M | 450.05M | 613.34M | 383.04M | 345.86M | 270.27M |
| Operating Cash Flow | 756.42M | 695.07M | 820.17M | 614.05M | 582.21M | 458.02M |
| Investing Cash Flow | 16.72M | -15.43M | -437.23M | -174.25M | -379.46M | -231.19M |
| Financing Cash Flow | -536.80M | -166.07M | -263.39M | -311.79M | -250.25M | -36.04M |
Taiwan Taxi Co., Ltd. Peers Comparison
Overall Rating
TW:313077Outperform
TW:527872Outperform
TW:264069Neutral
TW:276262Neutral
TW:152242Neutral
TW:686939Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 77Outperform | TWD 6.77B | 12.31 | ― | 7.23% | 6.28% | 13.49% | |
| 72Outperform | TWD 7.27B | 21.00 | ― | 5.48% | 16.37% | 66.96% | |
| 69Neutral | TWD 7.79B | 13.69 | ― | 6.13% | 6.14% | 2.06% | |
| 62Neutral | TWD 8.50B | 11.56 | ― | 12.57% | 11.32% | 185.92% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| 42Neutral | TWD 7.42B | -121.64 | ― | 5.01% | 34.53% | -119.38% | |
| 39Underperform | TWD 8.02B | -7.09 | ― | 3.47% | 7.77% | -192.71% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2640 | Taiwan Taxi Co., Ltd. | 130.50 | 4.58 | 3.64% | |
| TW:1522 | TYC Brother Industrial Co, Ltd. | 23.95 | -21.94 | -47.81% | |
| TW:2762 | World Gym Corporation | 76.00 | 7.50 | 10.95% | |
| TW:3130 | 104 Corporation | 203.50 | -8.40 | -3.96% | |
| TW:5278 | Sunfun Info Co., Ltd. | 24.15 | -6.22 | -20.49% | |
| TW:6869 | J&V Energy Technology Co.Ltd. | 57.70 | -35.19 | -37.88% |
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
