Auden Techno Corp. (3138) AI Stock Analysis

Auden Techno Corp.

(TWSE:3138)

Select Model

Rating:38Underperform

Price Target:TWD 70.00▼(-10.71% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is very low, driven primarily by a severe deterioration in financial health. The most significant risk is the company's inability to generate positive free cash flow and collapsing profit margins, which makes the dividend and elevated P/E ratio unsustainable. This fundamental weakness is confirmed by a deeply bearish technical trend, with the stock in a strong downtrend and showing no signs of momentum reversal.

Positive Factors

Stable Revenue BaseA broadly stable revenue base with renewed growth in 2025 provides some operating continuity despite weaker profitability. This supports business resilience over the next several quarters, although sustained improvement will depend on whether the company can convert sales into stronger earnings and cash flow.

Negative Factors

Severe Margin CompressionThe sharp decline in net margin shows that revenue stability has not translated into durable earnings power. With operating profitability also compressing while gross margin remains relatively steady, pressure below gross profit is reducing profitability and creates uncertainty around the sustainability of future returns.

Auden Techno Corp. (3138) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.41B
Dividend Yield: 1.97%
Average Volume (3M): 471.16K
Price to Earnings (P/E): 71.3
Beta (1Y): 1.28
Revenue Growth: 5.96%
EPS Growth: -5.95%
Country: TW
Employees: 292
Sector: General
Sector Strength: 55
Industry: Communication Equipment

Auden Techno Corp. Business Overview & Revenue Model

Company Description

Established in 1981 and headquartered in Taoyuan City, Taiwan, Auden Techno Corp. is a global enterprise dedicated to the development, manufacturing, and distribution of wireless communication solutions. The company's comprehensive portfolio includes...

Auden Techno Corp. Financial Statement Overview

Summary

Financial performance is weak. The Income Statement shows collapsing margins (EBIT margin from 24% to 4.2%), the Balance Sheet reveals rapidly rising leverage (debt-to-equity from 0.12 to 0.66), and the Cash Flow statement is a major red flag with consistently negative free cash flow and poor earnings quality. The overall trend is negative and unsustainable.

Income Statement

35Negative

Balance Sheet

45Neutral

Cash Flow

20Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.85B	1.74B	1.71B	1.78B	1.72B	1.43B
Gross Profit	767.36M	708.75M	697.41M	778.06M	693.82M	605.36M
EBITDA	214.67M	160.40M	256.22M	337.31M	490.89M	401.77M
Net Income	136.87M	73.89M	152.22M	206.41M	320.78M	275.97M
Balance Sheet
Total Assets	4.35B	4.25B	3.74B	3.14B	3.05B	2.30B
Cash, Cash Equivalents and Short-Term Investments	1.13B	1.37B	1.52B	1.32B	1.46B	723.64M
Total Debt	754.93M	1.32B	831.51M	709.63M	638.01M	303.83M
Total Liabilities	1.70B	2.24B	1.56B	1.47B	1.44B	922.40M
Stockholders Equity	2.64B	2.00B	2.17B	1.66B	1.61B	1.32B
Cash Flow
Free Cash Flow	-176.86M	-55.16M	-139.44M	-107.13M	230.66M	-229.60M
Operating Cash Flow	199.97M	75.14M	194.33M	170.82M	337.74M	191.13M
Investing Cash Flow	-558.55M	270.52M	-840.09M	-307.43M	76.81M	-326.15M
Financing Cash Flow	35.87M	61.07M	363.22M	-117.83M	324.77M	136.56M

Auden Techno Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3138 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5489	64Neutral	TWD 3.89B	19.85	―	3.84%	10.02%	-11.10%
TW:4942	59Neutral	TWD 4.23B	9.93	―	6.94%	-3.42%	-36.97%
TW:3356	58Neutral	TWD 4.49B	4.64	―	8.94%	8.51%	135.47%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4935	52Neutral	TWD 3.87B	27.34	―	3.44%	-24.80%	-49.71%
TW:3138	38Underperform	TWD 4.51B	71.27	―	1.97%	5.96%	-5.95%

* General Sector Average

Performance Comparison

TW:3138 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3138	Auden Techno Corp.	78.40	-6.98	-8.17%
TW:3356	GeoVision, Inc.	65.60	12.55	23.65%
TW:3717	Excellence Optoelectronics Holding Co., Inc.	22.70	4.69	26.05%
TW:4935	Global Lighting Technologies Inc.	29.05	-11.72	-28.75%
TW:4942	Chia Chang Co., Ltd	28.80	-8.36	-22.49%
TW:5489	Dynacolor, Inc.	39.50	0.58	1.48%

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

Auden Techno Corp. AI Stock Analysis