Data Image Corporation (3168) AI Stock Analysis

Data Image Corporation

(TWSE:3168)

Select Model

Rating:66Neutral

Price Target:TWD 44.00▲(8.24% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported by a conservatively financed balance sheet and attractive valuation, but declining profitability, weaker cash-flow conversion, and negative technical momentum limit the overall rating.

Positive Factors

Very Low LeverageThe very low debt-to-equity ratio indicates a conservative capital structure that reduces financial risk and interest burden. This provides flexibility to withstand weaker operating periods, support customer and service investments, and preserve management’s ability to allocate capital over the next several quarters.

Negative Factors

Volatile Revenue TrendThe pattern of a rebound followed by two years of decline and only modest recovery indicates an inconsistent demand and growth profile. Uneven revenue makes operating planning more difficult, limits confidence in durable expansion, and can reduce the company’s ability to leverage its fixed operating base.

Data Image Corporation (3168) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.09B
Dividend Yield: 7.38%
Average Volume (3M): 14.85K
Price to Earnings (P/E): 13.1
Beta (1Y): 0.36
Revenue Growth: 14.17%
EPS Growth: 21.79%
Country: TW
Employees: 158
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

Data Image Corporation Business Overview & Revenue Model

Company Description

Data Image Corporation is a specialist in the production and distribution of liquid crystal display (LCD) modules. Its product line encompasses both monochrome and full-color LCD screens. The company supplies these display solutions to original equip...

Data Image Corporation Financial Statement Overview

Summary

Strong balance sheet with low debt and solid equity returns supports the score, but declining margins, lower net income, and weaker cash-flow conversion materially offset the strength.

Income Statement

68Positive

Balance Sheet

88Very Positive

Cash Flow

55Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.62B	3.43B	3.42B	3.92B	4.92B	4.32B
Gross Profit	844.91M	821.58M	854.80M	929.87M	1.10B	768.03M
EBITDA	370.50M	392.88M	421.16M	488.61M	664.60M	458.85M
Net Income	233.40M	200.09M	223.19M	278.86M	421.87M	318.02M
Balance Sheet
Total Assets	3.96B	3.68B	3.75B	3.28B	3.89B	4.15B
Cash, Cash Equivalents and Short-Term Investments	981.16M	1.02B	1.31B	956.57M	846.59M	739.54M
Total Debt	73.88M	79.50M	87.83M	108.82M	330.70M	711.98M
Total Liabilities	1.53B	1.11B	978.26M	969.81M	1.50B	1.99B
Stockholders Equity	1.68B	1.77B	1.95B	1.48B	1.56B	1.34B
Cash Flow
Free Cash Flow	-50.08M	193.34M	240.00M	718.66M	708.49M	192.40M
Operating Cash Flow	14.06M	254.72M	277.76M	745.74M	738.46M	229.86M
Investing Cash Flow	-138.03M	-58.36M	-39.29M	-25.30M	-22.22M	-343.31M
Financing Cash Flow	-326.57M	-480.14M	109.84M	-615.65M	-609.60M	472.25M

Data Image Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3168 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2364	74Outperform	TWD 2.89B	9.13	―	3.83%	17.40%	60.67%
TW:3287	70Outperform	TWD 3.48B	9.15	―	1.99%	20.68%	―
TW:3168	66Neutral	TWD 3.09B	13.11	―	7.38%	14.17%	21.79%
TW:3038	60Neutral	TWD 2.87B	15.37	―	6.43%	-9.99%	1.97%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3024	41Neutral	TWD 3.24B	311.35	―	1.88%	-63.48%	-92.73%

* General Sector Average

Performance Comparison

TW:3168 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3168	Data Image Corporation	40.65	-0.64	-1.54%
TW:2364	Twinhead International Corp.	52.20	-15.00	-22.32%
TW:3024	Action Electronics Co., Ltd	11.70	0.80	7.31%
TW:3038	Emerging Display Technologies Corp	18.65	-1.33	-6.63%
TW:3287	KWorld Computer Co., Ltd.	75.20	44.53	145.17%
TW:6775	Entire Technology Co Ltd	28.60	-0.59	-2.02%

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

Data Image Corporation AI Stock Analysis