Howteh Technology Co., Ltd. AI Stock Analysis
Howteh Technology Co., Ltd. (3114) AI Stock Analysis
Howteh Technology Co., Ltd.
(TPEx:3114)
Howteh Technology scores in the middle of the range. The dominant factor is financial performance: a conservatively geared balance sheet and an 18% revenue rebound are offset by compressing operating margins and, more importantly, negative operating and free cash flow in the latest year, meaning reported profits are not converting into cash. Technically, the stock has pulled back below its short- and medium-term moving averages with weak momentum, although it holds above the 200-day average and is deeply oversold, which could support a near-term stabilisation. Valuation is the main offset — an 11x P/E, a ~3% dividend yield and low beta make the risk/reward reasonable for patient investors, provided cash conversion and core operating profitability recover.
Howteh Technology Co., Ltd. (3114) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.30B
- Dividend Yield
- 2.94%
- Average Volume (3M)
- 908.84K
- Price to Earnings (P/E)
- 10.5
- Beta (1Y)
- 0.70
- Revenue Growth
- 3.39%
- EPS Growth
- 271.85%
- Country
- TW
- Employees
- 70
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Distribution
Howteh Technology Co., Ltd. Business Overview & Revenue Model
Company Description
Howteh Technology Co., Ltd. specializes in the distribution and agency of various electronic components, both active and passive, as well as related equipment across Taiwan, China, and Vietnam. The company's comprehensive offerings include semiconduc...
Howteh Technology Co., Ltd. Financial Statement Overview
Summary
A mixed profile. The balance sheet is the standout (score 70): debt-to-equity of 0.41, down sharply from 0.90 in 2021, with equity funding roughly 60% of assets and ROE improving to 9.1%. The income statement (58) shows an 18.1% revenue rebound to NT$3.01B and net income up ~23% to NT$144M, but the quality is questionable — operating margin compressed to 3.0% from 5.7% and EBITDA shrank, meaning the profit gain came largely from non-operating items on already thin ~9.6% gross margins. Cash flow (36) is the clear weak link, with operating cash flow swinging to NT$-8.9M and free cash flow to NT$-10.2M from strongly positive levels a year earlier, as working capital absorbed the volume recovery. Minimal capex (~NT$1M) and a solid equity cushion give the company room to absorb the strain, but cash conversion and core operating profitability need to normalize.
Income Statement
58NeutralBalance Sheet
70PositiveCash Flow
36Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.05B | 3.01B | 2.76B | 2.74B | 3.24B | 3.72B |
| Gross Profit | 310.69M | 289.43M | 271.21M | 273.82M | 341.28M | 372.22M |
| EBITDA | 147.10M | 105.89M | 170.91M | 155.13M | 285.90M | 189.58M |
| Net Income | 210.57M | 144.19M | 116.97M | 100.77M | 208.80M | 143.05M |
Balance Sheet | ||||||
| Total Assets | 2.70B | 2.62B | 2.52B | 2.52B | 2.92B | 2.94B |
| Cash, Cash Equivalents and Short-Term Investments | 865.46M | 909.35M | 900.01M | 848.98M | 1.02B | 645.24M |
| Total Debt | 583.95M | 647.07M | 583.04M | 611.03M | 924.69M | 1.09B |
| Total Liabilities | 1.05B | 1.04B | 916.03M | 972.72M | 1.45B | 1.73B |
| Stockholders Equity | 1.64B | 1.58B | 1.61B | 1.55B | 1.46B | 1.21B |
Cash Flow | ||||||
| Free Cash Flow | 70.07M | -10.22M | 120.58M | 243.63M | 558.30M | -302.81M |
| Operating Cash Flow | 70.97M | -8.93M | 122.29M | 244.97M | 558.96M | -300.46M |
| Investing Cash Flow | 99.43M | 98.88M | 6.67M | 7.01M | -5.45M | -2.70M |
| Financing Cash Flow | -115.61M | -56.83M | -123.42M | -419.37M | -220.86M | 192.48M |
Howteh Technology Co., Ltd. Peers Comparison
Overall Rating
TW:535363Neutral
TW:801160Neutral- TW:311457Neutral
TW:490556Neutral
TW:330655Neutral
TW:614241Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5353 | 63Neutral | TWD 2.03B | 14.48 | ― | 3.77% | 8.57% | 23.03% |
| TW:8011 | 60Neutral | TWD 2.29B | 19.05 | ― | 4.96% | -12.34% | -75.40% |
| TW:3114 | 57Neutral | TWD 2.30B | 10.54 | ― | 2.94% | 3.39% | 271.85% |
| TW:4905 | 56Neutral | TWD 2.30B | 6.61 | ― | 1.87% | 26.29% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3306 | 55Neutral | TWD 2.30B | 13.90 | ― | 3.74% | 4.06% | 37.43% |
| TW:6142 | 41Neutral | TWD 2.53B | -27.46 | ― | ― | 11.42% | 48.35% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3114 | Howteh Technology Co., Ltd. | 34.00 | 10.61 | 45.36% | |
| TW:3306 | RoyalTek Co. Ltd. | 45.45 | -4.24 | -8.53% | |
| TW:4905 | Tainet Communication System Corp. | 80.40 | 14.22 | 21.49% | |
| TW:5353 | Tailyn Technologies, Inc. | 26.50 | 2.67 | 11.22% | |
| TW:6142 | Cameo Communications, Inc. | 8.32 | -2.06 | -19.88% | |
| TW:8011 | Tai Tung Communication Co., Ltd. | 14.10 | -7.11 | -33.53% |
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