Syncomm Technology Corp. (3150) AI Stock Analysis

Syncomm Technology Corp.

(TWSE:3150)

Select Model

Rating:51Neutral

Price Target:TWD 14.00▼(-2.10% Downside)

Action:initiatedcoverage

Date:11/09/26

Syncomm scores below average, driven primarily by deteriorating financial performance: falling revenue, a roughly ten-point drop in gross margin to 37.6%, and a swing from profit to a NT$9.9 million net loss with negative return on equity. Technicals reinforce the caution, with the price below all major moving averages and negative MACD momentum. The key supports are a fortress balance sheet that is essentially debt-free with equity funding 92% of assets, NT$47.4 million of free cash flow, and a 3.56% dividend yield, though the negative P/E means valuation offers no earnings-based support. A recovery in revenue and gross margin would be the key signal that earnings power is returning.

Positive Factors

Very Low LeverageExtremely low leverage gives Syncomm substantial financial flexibility and limits refinancing exposure during weaker operating periods. A large equity base relative to assets can help the company absorb cyclical pressure, preserve strategic options, and support continued investment without relying heavily on debt.

Negative Factors

Revenue ContractionThe 2025 revenue decline indicates that recent demand or business momentum did not remain consistently strong after the prior-year rebound. Sustained top-line contraction would reduce operating leverage, make fixed costs harder to absorb, and limit the company’s ability to rebuild earnings through scale.

Syncomm Technology Corp. (3150) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 603.53M
Dividend Yield: 3.50%
Average Volume (3M): 35.10K
Price to Earnings (P/E): -47.7
Beta (1Y): 0.76
Revenue Growth: -9.79%
EPS Growth: -169.85%
Country: TW
Employees: 62
Sector: General
Sector Strength: 55
Industry: Semiconductors

Syncomm Technology Corp. Business Overview & Revenue Model

Company Description

Syncomm Technology Corp. functions as a global fabless semiconductor firm. The company specializes in providing portable devices, wireless Systems-on-Chip (SoCs) that incorporate both audio and data processing capabilities, and various wireless digit...

Syncomm Technology Corp. Financial Statement Overview

Summary

A mixed picture dominated by weak earnings quality. Revenue fell to NT$301.8 million from NT$345.3 million, gross margin compressed sharply to 37.6% from 47.6%, and the company swung to an operating loss of NT$16.7 million and a net loss of NT$9.9 million, with return on equity turning negative at -1.6%. The repeated profit-to-loss swings across cycles point to limited operating leverage and high sensitivity to semiconductor demand. Offsetting this, the balance sheet is a genuine strength: the company is effectively debt-free (debt-to-equity under 0.5%) with equity funding about 92% of assets. Cash generation also held up better than reported profits, with NT$48.2 million of operating cash flow and NT$47.4 million of free cash flow on minimal capital spending, though equity shrank from NT$702.4 million to NT$608.3 million.

Income Statement

34Negative

Balance Sheet

80Positive

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	302.26M	301.81M	345.26M	219.39M	387.92M	426.36M
Gross Profit	117.57M	113.42M	164.38M	103.08M	189.22M	191.28M
EBITDA	1.89M	4.51M	40.92M	-12.14M	69.97M	80.39M
Net Income	-13.26M	-9.93M	30.77M	-22.51M	66.36M	70.96M
Balance Sheet
Total Assets	687.08M	659.83M	756.11M	678.58M	493.91M	485.19M
Cash, Cash Equivalents and Short-Term Investments	345.09M	377.09M	485.91M	510.50M	329.92M	340.44M
Total Debt	17.82M	2.69M	5.98M	12.17M	269.00K	6.54M
Total Liabilities	96.93M	51.53M	53.74M	70.88M	86.09M	104.78M
Stockholders Equity	590.15M	608.30M	702.37M	607.70M	407.82M	380.42M
Cash Flow
Free Cash Flow	56.66M	47.39M	-48.70M	-27.50M	23.73M	66.45M
Operating Cash Flow	57.60M	48.22M	87.55M	-24.20M	27.86M	68.47M
Investing Cash Flow	-3.10M	-37.73M	-296.35M	-23.11M	-31.12M	-12.09M
Financing Cash Flow	-51.65M	-50.94M	51.91M	205.79M	-54.05M	-6.25M

Syncomm Technology Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3150 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8176	59Neutral	TWD 580.85M	33.71	―	―	-46.30%	-54.49%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3150	51Neutral	TWD 633.25M	-47.75	―	3.50%	-9.79%	-169.85%
TW:2321	44Neutral	TWD 459.68M	33.14	―	―	2.67%	―
TW:3499	42Neutral	TWD 632.16M	-9.05	―	―	-25.84%	-68.45%
TW:6241	40Underperform	TWD 749.03M	35.00	―	―	-6.78%	―
TW:8101	38Underperform	TWD 491.93M	-3.20	―	―	36.78%	22.59%

* General Sector Average

Performance Comparison

TW:3150 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3150	Syncomm Technology Corp.	14.30	-4.66	-24.57%
TW:2321	Tecom Co., Ltd.	28.50	-4.78	-14.36%
TW:3499	Globalsat Worldcom Corp.	11.50	-2.90	-20.14%
TW:6241	Amigo Technology, Inc.	16.45	0.69	4.37%
TW:8101	Arima Communications Corp.	9.43	-6.77	-41.79%
TW:8176	Z-Com, Inc.	10.30	-2.59	-20.09%

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

Syncomm Technology Corp. AI Stock Analysis