G-Tech Optoelectronics Corporation AI Stock Analysis
G-Tech Optoelectronics Corporation (3149) AI Stock Analysis
G-Tech Optoelectronics Corporation
(TWSE:3149)
G-Tech Optoelectronics scores poorly, driven primarily by severely weak fundamentals: negative gross margins, a record NT$605m net loss, and a NT$759m free cash flow deficit indicate the business is losing money on every sale while continuing to invest heavily. A recent equity raise has cut leverage to 0.64x and provides a funding runway, but ongoing losses are eroding that cushion. Technicals compound the concern, with the stock below all key moving averages and a negative MACD, though oversold RSI and Stochastic readings hint at scope for a short-term rebound. Valuation offers no support given negative earnings and no dividend. This is a high-risk, turnaround-dependent situation; evidence of positive gross margins and stabilising operating cash flow would be needed before confidence improves.
G-Tech Optoelectronics Corporation (3149) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 17.80B
- Dividend Yield
- ―
- Average Volume (3M)
- 6.95M
- Price to Earnings (P/E)
- -32.8
- Beta (1Y)
- 0.92
- Revenue Growth
- 7.57%
- EPS Growth
- 16.45%
- Country
- TW
- Employees
- 9,069
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
G-Tech Optoelectronics Corporation Business Overview & Revenue Model
Company Description
G-TECH Optoelectronics Corporation, a Taiwanese firm specializing in the processing of optoelectronic glass, is headquartered in Miaoli. Founded in 1996 as Positive Technology Glass Co., Ltd., it rebranded to its current name in May 2001. The company...
G-Tech Optoelectronics Corporation Financial Statement Overview
Summary
Financials are weak and deteriorating. Despite ~5% revenue growth to NT$2.28bn, gross margin turned negative at -10.5%, meaning products are sold below cost, and the net loss widened to a record NT$605m (-26.5% margin). Operating cash flow swung to -NT$411m and free cash flow to -NT$759m amid heavy capex, with negative FCF in five of the last six years. The sole bright spot is a repaired balance sheet: debt cut to NT$1.64bn and leverage halved to 0.64x equity, aided by an apparent equity injection. That cushion buys time, but ROE of -23.6% means book value is still being destroyed.
Income Statement
14Very NegativeBalance Sheet
47NeutralCash Flow
12Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.39B | 2.28B | 2.16B | 1.86B | 2.43B | 2.61B |
| Gross Profit | -161.74M | -240.39M | 24.46M | 62.57M | -122.11M | 37.07M |
| EBITDA | -400.79M | -456.46M | -55.98M | 67.78M | -71.38M | 127.98M |
| Net Income | -486.02M | -604.61M | -240.76M | -117.84M | -339.84M | -120.80M |
Balance Sheet | ||||||
| Total Assets | 5.53B | 4.88B | 4.68B | 4.10B | 4.36B | 4.49B |
| Cash, Cash Equivalents and Short-Term Investments | 1.27B | 799.97M | 1.35B | 558.55M | 802.98M | 718.57M |
| Total Debt | 1.70B | 1.64B | 2.12B | 2.25B | 2.34B | 2.47B |
| Total Liabilities | 3.16B | 2.33B | 2.71B | 2.74B | 2.88B | 3.06B |
| Stockholders Equity | 2.37B | 2.56B | 1.96B | 1.37B | 1.48B | 1.43B |
Cash Flow | ||||||
| Free Cash Flow | -802.09M | -759.48M | -89.53M | -18.30M | -53.88M | -36.85M |
| Operating Cash Flow | -473.15M | -410.71M | 12.53M | 27.06M | 87.76M | 155.56M |
| Investing Cash Flow | -30.76M | -610.63M | -151.25M | -55.74M | -264.98M | -368.49M |
| Financing Cash Flow | 596.97M | 779.52M | 578.07M | -94.23M | 236.29M | 335.76M |
G-Tech Optoelectronics Corporation Peers Comparison
Overall Rating
TW:301367Neutral
TW:497755Neutral
TW:336240Underperform
TW:323439Underperform- TW:314928Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3013 | 67Neutral | TWD 16.21B | 13.11 | ― | 0.50% | 18.56% | 52.98% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4977 | 55Neutral | TWD 17.02B | 55.79 | ― | 1.10% | -25.66% | -39.19% |
| TW:3362 | 40Underperform | TWD 18.28B | -74.38 | ― | 0.80% | -2.57% | -1044.10% |
| TW:3234 | 39Underperform | TWD 17.63B | -241.80 | ― | ― | 33.49% | 56.29% |
| TW:3149 | 28Underperform | TWD 17.75B | -32.84 | ― | ― | 7.57% | 16.45% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3149 | G-Tech Optoelectronics Corporation | 68.20 | 33.36 | 95.74% | |
| TW:3013 | Chenming Electronic Technology Corporation | 76.60 | -46.46 | -37.75% | |
| TW:3234 | Truelight Corporation | 144.50 | 106.86 | 283.92% | |
| TW:3362 | Ability Opto-Electronics Technology Co., Ltd. | 128.00 | 28.80 | 29.04% | |
| TW:4977 | PCL Technologies, Inc. | 186.00 | 83.39 | 81.28% | |
| TW:7873 | Raytek Semiconductor, Inc. | 110.50 | -167.00 | -60.18% |
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