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Bright Led Electronics Corp (3031) AI Stock Analysis

TW:3031

Bright Led Electronics Corp

(TWSE:3031)

Select Model
Rating:71Outperform
Price Target:TWD 32.00â–²(3.23% Upside)
Action:initiatedcoverage
Date:11/09/26

Robust financial performance driven by a strong balance sheet and cash conversion is the main positive, with supportive technical momentum; elevated P/E caps the overall score.

Positive Factors
Conservative Balance SheetVery low leverage gives Bright Led Electronics substantial financial flexibility and reduces exposure to refinancing or interest-cost pressure. The company can support operations and pursue opportunities without relying heavily on debt, while positive returns on equity indicate profitability without balance-sheet risk.
Negative Factors
Choppy Revenue TrendThe uneven revenue trajectory indicates that demand or customer mix has not translated into consistent top-line expansion. Even with a recent rebound, repeated declines can limit operating leverage, make planning less predictable, and constrain the company’s ability to compound earnings sustainably.

Bright Led Electronics Corp (3031) vs. SPDR S&P 500 ETF (SPY)

-20%0%20%40%60%80%100%TW:3031+68.75%SPY+14.30%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 5.31B
Dividend Yield
3.23%
Average Volume (3M)
2.93M
Price to Earnings (P/E)
33.8
Beta (1Y)
0.89
Revenue Growth
19.33%
EPS Growth
4.14%
Country
TW
Employees
288
Sector
General
Sector Strength
55
Industry
Hardware, Equipment & Parts

Bright Led Electronics Corp Business Overview & Revenue Model

Company Description

Bright LED Electronics Corp. operates as a global supplier, specializing in the production and distribution of light-emitting diodes (LEDs), indicator lights, displays, and various other related products. With a broad international presence, the comp...

Bright Led Electronics Corp Financial Statement Overview

Summary

Strong balance sheet with very low leverage and healthy cash flows support resilience, though revenue volatility and declines remain a weakness.

Income Statement

61Positive

Balance Sheet

91Very Positive

Cash Flow

76Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.25B1.14B1.18B1.13B1.51B1.53B
Gross Profit343.99M304.57M330.96M306.52M365.35M439.57M
EBITDA218.00M150.48M245.95M288.95M280.53M385.09M
Net Income158.21M188.62M188.71M181.55M200.38M249.23M
Balance Sheet
Total Assets3.62B3.54B3.60B3.57B3.57B3.67B
Cash, Cash Equivalents and Short-Term Investments1.01B1.13B1.10B831.27M1.11B1.06B
Total Debt31.25M114.21M124.24M98.66M112.38M124.53M
Total Liabilities648.07M538.98M536.97M525.70M582.71M636.46M
Stockholders Equity2.89B2.92B2.96B2.95B2.86B2.91B
Cash Flow
Free Cash Flow114.83M294.81M232.44M162.94M107.00M136.45M
Operating Cash Flow120.80M306.01M248.78M172.21M111.84M163.44M
Investing Cash Flow78.01M7.18M56.97M-252.07M124.98M-103.76M
Financing Cash Flow-251.18M-190.18M-161.14M-128.45M-190.92M-118.23M

Bright Led Electronics Corp Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:3031 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:3031TW:303171OutperformTWD 4.72B33.80―3.23%19.33%4.14%
TW:3303TW:330358NeutralTWD 4.62B10.30―5.89%14.20%11.73%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:8240TW:824053NeutralTWD 4.33B22.56―2.85%-11.48%21.46%
TW:3630TW:363045NeutralTWD 4.73B-16.28――14.51%-252.10%

* General Sector Average

Performance Comparison

0%250%500%750%1000%TW:3031TW:3303TW:3585TW:3630TW:3717TW:8240Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:3031 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:3031Bright Led Electronics Corp31.0012.1564.45%
TW:3303Univacco Technology Inc.50.906.2313.96%
TW:3585Advance Materials Corporation48.3035.05264.53%
TW:3630Newmax Technology Co., Ltd.22.80-5.10-18.28%
TW:3717Excellence Optoelectronics Holding Co., Inc.23.004.9927.71%
TW:8240Wah Hong Industrial Corp.45.6013.6042.51%
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