ALi Corporation (3041) AI Stock Analysis

ALi Corporation

(TWSE:3041)

Select Model

Rating:38Underperform

Price Target:TWD 18.50▼(-7.50% Downside)

Action:initiatedcoverage

Date:11/09/26

Weak financial performance driven by repeated losses and negative cash flow is the dominant factor, followed by unfavorable valuation and bearish technical indicators.

Positive Factors

Fabless Semiconductor ModelA fabless design model allows ALi to focus capital and engineering resources on chip architecture, software integration, and application-specific solutions rather than owning fabrication plants. This can support operating flexibility and enable participation across multimedia and connected-home markets as product demand evolves.

Negative Factors

Persistent Net LossesPersistent losses across three consecutive years show that improved gross margin has not yet translated into sustainable profitability. Continued negative earnings can erode equity, constrain internal investment capacity, and leave future results dependent on a successful improvement in operating performance.

ALi Corporation (3041) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.84B
Dividend Yield: ―
Average Volume (3M): 732.69K
Price to Earnings (P/E): -6.8
Beta (1Y): 1.07
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

Persistent net losses, negative operating cash flow of -262 million, rising debt, and volatile revenue result in weak financial performance despite recent gross margin gains.

Income Statement

37Negative

Balance Sheet

41Neutral

Cash Flow

23Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3041 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3257	74Outperform	TWD 3.23B	23.84	―	6.94%	-24.76%	-42.52%
TW:6799	68Neutral	TWD 2.93B	14.43	―	3.55%	5.45%	64.05%
TW:6568	62Neutral	TWD 3.20B	21.54	―	1.82%	14.19%	67.12%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3588	51Neutral	TWD 2.73B	36.82	―	1.13%	20.36%	223.74%
TW:3041	38Underperform	TWD 2.99B	-6.76	―	―	3.96%	-48.99%

* General Sector Average

Performance Comparison

TW:3041 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3041	ALi Corporation	20.00	-6.95	-25.79%
TW:3257	Champion Microelectronic Corp.	40.35	-20.67	-33.87%
TW:3588	Leadtrend Technology Corporation	44.30	-4.14	-8.55%
TW:6568	Rafael Microelectronics, Inc.	110.00	9.88	9.87%
TW:6775	Entire Technology Co Ltd	28.60	-0.59	-2.02%
TW:6799	M3 Technology Inc	70.50	-4.79	-6.36%

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

ALi Corporation AI Stock Analysis