SysJust Co., Ltd. (3158) AI Stock Analysis

SysJust Co., Ltd.

(TPEx:3158)

Select Model

Rating:78Outperform

Price Target:TWD 93.00▲(15.10% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by very strong financial performance and attractive valuation. These strengths are partly offset by weak technical momentum, with the share price below all provided moving averages and a negative MACD.

Positive Factors

Accelerating Revenue and Durable MarginsThe sharp 2025 revenue acceleration, combined with consistently high gross and operating margins, indicates strong demand and a scalable enterprise software and IT-services model. Maintaining these margins as revenue expands can support durable earnings growth and continued investment in competitive capabilities.

Negative Factors

Operating Cash Flow Trails Net IncomeOperating cash flow below net income suggests that earnings conversion is affected by working-capital or timing headwinds. If this pattern persists, the company may have less cash available than accounting profits imply, modestly reducing the quality and flexibility of its earnings.

SysJust Co., Ltd. (3158) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.51B
Dividend Yield: 8.04%
Average Volume (3M): 13.33K
Price to Earnings (P/E): 10.7
Beta (1Y): 0.25
Revenue Growth: ―
EPS Growth: ―
Country: TW
Employees: 201
Sector: General
Sector Strength: 55
Industry: Software - Application

SysJust Co., Ltd. Business Overview & Revenue Model

Company Description

SysJust Co., Ltd. operates as a leading financial technology firm based in Taiwan. The company's primary activities involve providing specialized information software and electronic data services. Additionally, SysJust engages in the wholesale and re...

SysJust Co., Ltd. Financial Statement Overview

Summary

Very strong financial performance, supported by rapid revenue growth, sustained profitability, minimal leverage, expanding equity, and positive free cash flow. Modest margin compression, lower ROE, and cash-flow conversion below net income limit the score.

Income Statement

91Very Positive

Balance Sheet

94Very Positive

Cash Flow

88Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Mar 2025	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.06B	1.01B	945.51M	823.37M	813.28M	769.57M
Gross Profit	674.73M	644.64M	597.49M	551.44M	528.55M	496.85M
EBITDA	268.06M	270.04M	241.44M	220.69M	220.29M	204.53M
Net Income	213.48M	197.54M	192.80M	155.48M	154.70M	139.27M
Balance Sheet
Total Assets	1.34B	1.41B	946.07M	850.03M	809.38M	773.60M
Cash, Cash Equivalents and Short-Term Investments	661.85M	811.58M	422.23M	450.11M	436.22M	401.59M
Total Debt	55.08M	42.96M	6.73M	14.02M	14.51M	18.54M
Total Liabilities	385.54M	372.88M	291.07M	272.95M	257.52M	259.60M
Stockholders Equity	954.27M	1.04B	654.98M	577.06M	551.84M	513.98M
Cash Flow
Free Cash Flow	114.48M	232.32M	176.87M	160.88M	162.59M	174.89M
Operating Cash Flow	152.49M	284.08M	233.59M	213.03M	195.47M	192.97M
Investing Cash Flow	-255.54M	-295.03M	-67.52M	-68.70M	-94.65M	-85.32M
Financing Cash Flow	137.34M	168.84M	-124.79M	-139.01M	-128.13M	-99.20M

SysJust Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3158 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2471	80Outperform	TWD 2.57B	12.38	―	5.54%	9.46%	85.40%
TW:3158	78Outperform	TWD 2.48B	10.66	―	8.04%	―	―
TW:3570	73Outperform	TWD 2.76B	13.01	―	5.72%	5.84%	6.04%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:3158 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3158	SysJust Co., Ltd.	80.80	-26.69	-24.83%
TW:2471	Ares International Corp.	59.80	12.98	27.74%
TW:3570	Otsuka Information Technology Corp.	169.50	9.81	6.15%
TW:6614	International Integrated Systems, Inc.	31.70	-29.74	-48.40%
TW:6909	Tricorntech Corporation	40.85	4.59	12.66%
TW:7721	Microprogram Information Co Ltd	51.20	1.64	3.31%

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

SysJust Co., Ltd. AI Stock Analysis