HOYA Resort Hotel Group AI Stock Analysis
HOYA Resort Hotel Group (2736) AI Stock Analysis
HOYA Resort Hotel Group
(TPEx:2736)
HOYA Resort Hotel Group scores low primarily because operations remain unprofitable: despite a strong 36% revenue recovery, margins compressed and both operating and net losses widened, with return on equity at -9.3% and free cash flow still negative. The main offset is a conservative balance sheet — debt-to-equity of just 0.52 and a growing equity base — which buys management time to execute a turnaround. Technicals reinforce the caution, with the share price below all major moving averages and negative MACD momentum, while heavily oversold RSI and Stochastic readings point to the possibility of a near-term technical bounce. Valuation provides no support given the negative P/E and absence of a dividend, though low beta limits market-driven volatility. The score could improve if the revenue recovery converts into positive margins and sustained free cash flow.
HOYA Resort Hotel Group (2736) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 786.13M
- Dividend Yield
- ―
- Average Volume (3M)
- 53.79K
- Price to Earnings (P/E)
- -6.4
- Beta (1Y)
- 0.39
- Revenue Growth
- 13.62%
- EPS Growth
- -10.62%
- Country
- TW
- Employees
- 500
- Sector
- General
- Sector Strength
- 55
- Industry
- Travel Lodging
HOYA Resort Hotel Group Business Overview & Revenue Model
Company Description
HOYA Resort Hotel Group manages and operates a portfolio of hotels, resorts, and spa facilities across Taiwan. Beyond its core hospitality offerings, the company also specializes in organizing comprehensive event packages for corporate clients, accom...
HOYA Resort Hotel Group Financial Statement Overview
Summary
Financials are mixed but weighted toward weakness. Revenue rebounded roughly 36% to NT$524 million as travel demand recovered, yet gross margin compressed to 45.4% from the historical 54–56% range, operating losses reached NT$126 million (-24% of revenue), and the net loss widened to NT$131 million — a fourth straight year of red ink. The balance sheet is the bright spot, with debt down to NT$742 million, equity up to NT$1.41 billion, and debt-to-equity at a conservative 0.52, though return on equity of -9.3% means that equity base is being eroded. Cash flow is improving but still thin: operating cash flow turned positive at NT$26 million and free cash flow deficit narrowed sharply to -NT$49 million, yet remains negative, leaving the company not self-funding.
Income Statement
29NegativeBalance Sheet
56NeutralCash Flow
33Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 554.47M | 524.17M | 385.21M | 529.08M | 591.99M | 493.42M |
| Gross Profit | 255.79M | 237.98M | 171.92M | 287.13M | 329.67M | 254.42M |
| EBITDA | -14.38M | 659.00K | -11.29M | 102.55M | 154.38M | 135.49M |
| Net Income | -129.85M | -131.35M | -98.08M | -19.90M | 11.84M | -34.04M |
Balance Sheet | ||||||
| Total Assets | 2.30B | 2.42B | 2.41B | 2.19B | 2.20B | 2.29B |
| Cash, Cash Equivalents and Short-Term Investments | 238.12M | 308.22M | 227.55M | 358.77M | 443.02M | 380.89M |
| Total Debt | 690.25M | 742.46M | 878.65M | 784.75M | 806.47M | 931.65M |
| Total Liabilities | 883.98M | 959.85M | 1.09B | 968.50M | 1.01B | 1.14B |
| Stockholders Equity | 1.37B | 1.41B | 1.26B | 1.14B | 1.16B | 1.16B |
Cash Flow | ||||||
| Free Cash Flow | -10.88M | -49.22M | -402.24M | -117.38M | 113.58M | 98.97M |
| Operating Cash Flow | 45.39M | 25.92M | -55.56M | 34.89M | 127.48M | 108.19M |
| Investing Cash Flow | -80.18M | -91.93M | -312.75M | -200.88M | 307.00K | -5.70M |
| Financing Cash Flow | -137.85M | 146.75M | 267.66M | 67.28M | -67.64M | -98.13M |
HOYA Resort Hotel Group Peers Comparison
Overall Rating
TW:807764Neutral
TW:273448Neutral
TW:772339Underperform- TW:273639Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:8077 | 64Neutral | TWD 886.61M | 5.96 | ― | 4.95% | 3.19% | 40.37% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2734 | 48Neutral | TWD 770.14M | -17.24 | ― | ― | 32.47% | 81.75% |
| TW:7723 | 39Underperform | TWD 878.27M | -2.09 | ― | ― | -18.41% | -1763.71% |
| TW:2736 | 39Underperform | TWD 786.93M | -6.39 | ― | ― | 13.62% | -10.62% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2736 | HOYA Resort Hotel Group | 9.84 | -5.91 | -37.52% | |
| TW:2734 | Ezfly International Travel Agent Co., Ltd. | 13.45 | -6.45 | -32.41% | |
| TW:7723 | Jhu Jian Catering Co Ltd | 17.70 | -18.80 | -51.51% | |
| TW:7756 | Donutes International Co., Ltd. | 38.00 | -10.80 | -22.14% | |
| TW:8077 | Green World Hotels Co., Ltd. | 40.40 | -3.07 | -7.07% |
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