Golden Long Teng Development Co. Ltd. (3188) AI Stock Analysis

Golden Long Teng Development Co. Ltd.

(TPEx:3188)

Select Model

Rating:61Neutral

Price Target:TWD 22.50▲(4.65% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong profitability, low P/E, and high dividend yield support the score. However, negative cash flow, rising leverage, and weak technical momentum materially reduce the investment profile.

Positive Factors

Revenue ReboundThe sharp 2025 revenue rebound indicates renewed project or revenue-recognition momentum after the prior-year slowdown. If this recovery persists, stronger top-line activity can support operating leverage, improve earnings capacity, and provide a more durable base for future growth.

Negative Factors

Negative Operating Cash FlowPersistent negative operating cash flow means reported earnings are not consistently converting into cash available for operations or reinvestment. This can pressure liquidity, increase reliance on financing, and make the company more vulnerable when development spending or cash receipts are unfavorable.

Golden Long Teng Development Co. Ltd. (3188) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.07B
Dividend Yield: 14.86%
Average Volume (3M): 146.78K
Price to Earnings (P/E): 3.0
Beta (1Y): 0.24
Revenue Growth: 460.94%
EPS Growth: 448.37%
Country: TW
Employees: 21
Sector: General
Sector Strength: 55
Industry: Real Estate - Development

Golden Long Teng Development Co. Ltd. Business Overview & Revenue Model

Company Description

Golden Long Teng Development Co., Ltd. primarily operates within the real estate industry, specializing in the construction, development, sale, and rental of residential and other various types of properties. The company was founded in 2000 and origi...

Golden Long Teng Development Co. Ltd. Financial Statement Overview

Summary

Strong profitability and 2025 growth are offset by increased leverage and consistently negative operating and free cash flow. The score reflects the average of the income statement, balance sheet, and cash flow scores.

Income Statement

85Very Positive

Balance Sheet

62Positive

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.92B	2.70B	1.50B	2.05B	1.06B	1.49B
Gross Profit	2.06B	1.21B	718.98M	686.59M	228.02M	402.35M
EBITDA	1.70B	989.69M	542.66M	502.13M	115.78M	274.17M
Net Income	1.33B	754.96M	412.40M	382.72M	87.32M	214.50M
Balance Sheet
Total Assets	10.31B	11.14B	8.74B	6.88B	6.78B	4.98B
Cash, Cash Equivalents and Short-Term Investments	1.65B	1.46B	944.92M	392.92M	480.84M	1.02B
Total Debt	5.95B	6.39B	4.82B	3.34B	3.69B	2.64B
Total Liabilities	6.95B	7.84B	5.96B	4.21B	4.43B	3.27B
Stockholders Equity	3.36B	3.30B	2.79B	2.67B	2.35B	1.72B
Cash Flow
Free Cash Flow	1.48B	-817.00M	-921.88M	334.75M	-1.71B	423.07M
Operating Cash Flow	1.48B	-817.00M	-921.88M	340.01M	-1.71B	423.33M
Investing Cash Flow	1.79M	-622.00K	1.42M	-4.32M	-3.89M	-12.93M
Financing Cash Flow	-1.09B	1.33B	1.19B	-420.60M	1.59B	-270.65M

Golden Long Teng Development Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3188 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2516	68Neutral	TWD 3.71B	9.53	―	―	-17.80%	82.70%
TW:6212	62Neutral	TWD 3.62B	17.73	―	9.87%	-60.85%	-70.77%
TW:3188	61Neutral	TWD 4.07B	3.03	―	14.86%	460.94%	448.37%
TW:5533	60Neutral	TWD 3.92B	23.71	―	4.36%	-19.87%	-7.49%
TW:2514	57Neutral	TWD 3.81B	26.63	―	―	-4.02%	-79.62%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:5206	52Neutral	TWD 4.54B	3.71	―	4.33%	20.26%	89.58%

* General Sector Average

Performance Comparison

TW:3188 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3188	Golden Long Teng Development Co. Ltd.	21.50	-4.41	-17.00%
TW:2514	Long Bon International Co., Ltd.	10.65	-3.90	-26.80%
TW:2516	New Asia Construction & Development Corp.	16.40	1.55	10.44%
TW:5206	Kunyue Development Co., Ltd.	22.60	-7.15	-24.03%
TW:5533	Founding Construction Development Co., Ltd.	13.75	-0.23	-1.63%
TW:6212	Li Ming Development Construction Co., Ltd.	35.45	-4.90	-12.14%

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 10, 2026

Golden Long Teng Development Co. Ltd. AI Stock Analysis