Gseven Co., Ltd. (2937) AI Stock Analysis

Gseven Co., Ltd.

(TPEx:2937)

Select Model

Rating:62Neutral

Price Target:TWD 47.00▲(8.05% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak and volatile cash flow, declining margins, and subdued technical momentum. Attractive valuation, positive profitability, manageable leverage, and a strong dividend yield provide meaningful support.

Positive Factors

Steady Revenue and Earnings GrowthConsistent revenue expansion and an upward net income trend indicate resilient customer demand and effective operating execution. This supports the company’s ability to sustain its retail presence, reinvest in operations, and build earnings power over the next several quarters.

Negative Factors

Volatile and Weak Cash GenerationSharp swings in operating and free cash flow reduce financial flexibility even while reported earnings remain positive. Recurring negative FCF can constrain reinvestment, debt reduction, and shareholder distributions, while making the company more exposed to working-capital or investment-related cash demands.

Gseven Co., Ltd. (2937) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.08B
Dividend Yield: 3.99%
Average Volume (3M): 8,548
Price to Earnings (P/E): 10.5
Beta (1Y): -0.01
Revenue Growth: 12.09%
EPS Growth: 10.86%
Country: TW
Employees: 199
Sector: General
Sector Strength: 55
Industry: Specialty Retail

Gseven Co., Ltd. Business Overview & Revenue Model

Company Description

Established in 1994 and headquartered in Kaohsiung, Taiwan, Gseven Co., Ltd. operates as a retailer of a wide array of consumer electronic goods throughout Taiwan. The company's extensive inventory includes individual audio components such as various...

Gseven Co., Ltd. Financial Statement Overview

Summary

Positive revenue growth, profitability, improving ROE, and manageable leverage support the score. However, declining margins and especially negative, volatile operating and free cash flow are significant weaknesses.

Income Statement

72Positive

Balance Sheet

73Positive

Cash Flow

24Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.47B	5.20B	4.64B	4.06B	3.80B	3.19B
Gross Profit	1.18B	1.15B	1.07B	987.72M	1.00B	809.14M
EBITDA	257.79M	258.77M	234.18M	177.41M	205.34M	172.76M
Net Income	177.67M	176.79M	152.98M	108.37M	140.40M	117.19M
Balance Sheet
Total Assets	3.05B	3.65B	3.40B	3.14B	2.89B	2.53B
Cash, Cash Equivalents and Short-Term Investments	283.21M	242.44M	333.93M	259.72M	380.06M	463.31M
Total Debt	532.76M	687.00M	586.22M	629.03M	644.74M	370.56M
Total Liabilities	1.95B	2.53B	2.37B	2.19B	2.06B	1.79B
Stockholders Equity	1.10B	1.12B	1.03B	950.18M	830.23M	740.33M
Cash Flow
Free Cash Flow	169.13M	-126.08M	209.63M	-180.17M	-143.84M	-33.64M
Operating Cash Flow	228.09M	-5.94M	309.97M	37.71M	23.40M	38.11M
Investing Cash Flow	-57.35M	-111.76M	-104.10M	-117.51M	-165.94M	5.37M
Financing Cash Flow	-116.87M	33.56M	-140.35M	-36.14M	221.10M	21.61M

Gseven Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:2937 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2937	62Neutral	TWD 2.06B	10.50	―	3.99%	12.09%	10.86%
TW:5438	58Neutral	TWD 2.12B	-5.59	―	4.05%	-32.73%	-411.13%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3027	47Neutral	TWD 2.02B	-15.87	―	―	-41.51%	-102.45%
TW:6156	43Neutral	TWD 2.29B	37.84	―	0.91%	20.51%	-44.52%
TW:3207	34Underperform	TWD 1.96B	-13.53	―	―	17.17%	-859.04%
TW:5484	33Underperform	TWD 2.03B	23.32	―	―	77.09%	―

* General Sector Average

Performance Comparison

TW:2937 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:2937	Gseven Co., Ltd.	43.50	5.05	13.14%
TW:3027	Billion Electric Co., Ltd.	15.55	-8.30	-34.80%
TW:3207	Yao Sheng Electronic Co., Ltd.	28.95	-39.55	-57.74%
TW:5438	Teco Image Systems Co., Ltd.	18.50	-1.67	-8.27%
TW:5484	EverFocus Electronics Co. Ltd.	30.80	-6.00	-16.30%
TW:6156	Song Shang Electronics Co., Ltd.	22.00	2.24	11.34%

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

Gseven Co., Ltd. AI Stock Analysis