ALi Corporation AI Stock Analysis
ALi Corporation (3041) AI Stock Analysis
ALi Corporation
(TWSE:3041)
The score is driven primarily by weak financial performance: sustained revenue contraction, large operating and net losses, and persistent cash burn that has turned a once debt-free balance sheet into one carrying NT$1.13bn of debt against a shrinking equity base. Technicals reinforce the caution, with the price below all key moving averages and a negative MACD, though RSI and Stochastic readings suggest selling may be stretched near term. Valuation offers no cushion, with a negative P/E and no dividend. The main offset is the strong gross margin recovery to 38.9% and narrowing losses from the 2023 low, but until revenue stabilises and operating cash flow turns positive, the risk profile remains elevated.
ALi Corporation (3041) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.85B
- Dividend Yield
- ―
- Average Volume (3M)
- 722.08K
- Price to Earnings (P/E)
- -6.9
- Beta (1Y)
- 1.06
- Revenue Growth
- 3.96%
- EPS Growth
- -48.99%
- Country
- TW
- Employees
- 639
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
ALi Corporation Business Overview & Revenue Model
Company Description
ALi Corporation, an enterprise founded in 1987 and headquartered in Taipei, Taiwan, engages in the global development and distribution of system-on-chips (SoCs) primarily for set-top box (STB) applications. Their STB offerings cater to various digita...
ALi Corporation Financial Statement Overview
Summary
ALi Corporation's fundamentals remain weak across all three statements. Revenue has nearly halved since 2022 (NT$2.65bn to ~NT$1.40bn), and despite a notable gross margin recovery to 38.9% from 21.1% in 2023, the cost base is too heavy for the smaller revenue footprint, leaving an operating margin near -41% and a net loss of ~NT$455mn. The balance sheet has deteriorated from effectively debt-free in 2022 to NT$1.13bn of debt against a shrinking NT$1.41bn equity base (D/E 0.81), with ROE at -32.4%. Cash flow is the weakest link: operating cash flow was -NT$263mn and free cash flow -NT$399mn, marking the fifth cash-burning year in six. The only positives are the margin rebound and narrowing losses versus the 2023 trough.
Income Statement
27NegativeBalance Sheet
40NegativeCash Flow
19Very Negative| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.39B | 1.40B | 1.63B | 1.45B | 2.65B | 2.82B |
| Gross Profit | 514.70M | 542.68M | 459.05M | 305.20M | 1.04B | 1.07B |
| EBITDA | -498.38M | -488.81M | -129.21M | -1.04B | 271.94M | 61.18M |
| Net Income | -412.42M | -455.45M | -280.61M | -1.69B | 14.16M | -89.65M |
Balance Sheet | ||||||
| Total Assets | 4.16B | 3.94B | 2.60B | 2.54B | 3.76B | 3.81B |
| Cash, Cash Equivalents and Short-Term Investments | 676.39M | 626.53M | 944.61M | 820.28M | 1.26B | 1.25B |
| Total Debt | 1.47B | 1.13B | 568.73M | 125.90M | 5.14M | 14.96M |
| Total Liabilities | 2.67B | 2.48B | 1.26B | 939.14M | 495.89M | 714.40M |
| Stockholders Equity | 1.42B | 1.41B | 1.34B | 1.60B | 3.27B | 3.09B |
Cash Flow | ||||||
| Free Cash Flow | -619.58M | -399.26M | -348.37M | -521.65M | 129.54M | -148.28M |
| Operating Cash Flow | -511.18M | -262.53M | -283.40M | -469.16M | 221.91M | -33.12M |
| Investing Cash Flow | -1.07B | -974.33M | 90.53M | -73.51M | 25.87M | -103.94M |
| Financing Cash Flow | 903.05M | 940.92M | 451.19M | 125.60M | 19.69M | 47.51M |
ALi Corporation Peers Comparison
Overall Rating
TW:325774Outperform
TW:679968Neutral
TW:656862Neutral
TW:358851Neutral- TW:304131Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3257 | 74Outperform | TWD 3.23B | 23.41 | ― | 6.91% | -24.76% | -42.52% |
| TW:6799 | 68Neutral | TWD 2.93B | 14.04 | ― | 3.62% | 5.45% | 64.05% |
| TW:6568 | 62Neutral | TWD 3.20B | 20.86 | ― | 1.85% | 14.19% | 67.12% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3588 | 51Neutral | TWD 2.73B | 36.57 | ― | 1.13% | 20.36% | 223.74% |
| TW:3041 | 31Underperform | TWD 2.99B | -6.94 | ― | ― | 3.96% | -48.99% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3041 | ALi Corporation | 20.00 | -7.20 | -26.47% | |
| TW:3257 | Champion Microelectronic Corp. | 40.35 | -21.33 | -34.58% | |
| TW:3588 | Leadtrend Technology Corporation | 44.30 | -5.53 | -11.10% | |
| TW:6568 | Rafael Microelectronics, Inc. | 110.00 | 8.89 | 8.79% | |
| TW:6775 | Entire Technology Co Ltd | 28.60 | -0.73 | -2.51% | |
| TW:6799 | M3 Technology Inc | 70.50 | -7.22 | -9.29% |
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