Metatech (Ap) Inc. AI Stock Analysis
Metatech (Ap) Inc. (3224) AI Stock Analysis
Metatech (Ap) Inc.
(TPEx:3224)
The score is capped at the low end of the range, driven primarily by poor financial performance: six consecutive years of losses, a widening operating deficit, and heavy cash burn of more than NT$600 million in free cash flow that is being funded by rising debt and a shrinking equity base. Technicals reinforce the caution, with the price below all key moving averages and a negative MACD, although oversold RSI and Stochastic readings leave room for a short-term rebound. Valuation provides no support given the negative P/E and absence of a dividend, with low beta the only partial offset. Modest revenue growth and steadily improving gross margins are the main positives, but a credible path to breakeven has yet to emerge.
Metatech (Ap) Inc. (3224) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.36B
- Dividend Yield
- ―
- Average Volume (3M)
- 56.55K
- Price to Earnings (P/E)
- -38.0
- Beta (1Y)
- 0.19
- Revenue Growth
- 18.12%
- EPS Growth
- -31.75%
- Country
- TW
- Employees
- 51
- Sector
- General
- Sector Strength
- 55
- Industry
- Technology Distributors
Metatech (Ap) Inc. Business Overview & Revenue Model
Company Description
MetaTech (AP) Inc., alongside its subsidiaries, engages in a wide array of activities, including the wholesale and retail distribution of electronic products and equipment across Taiwan and international markets. The company also dedicates resources...
Metatech (Ap) Inc. Financial Statement Overview
Summary
Financials are weak across the board. The income statement (22) shows six straight years of losses, with the operating deficit widening to about NT$231 million on roughly NT$1.51 billion of revenue, despite modest revenue recovery and gross margin improvement to about 13%. Cash flow (12) is the biggest concern: operating cash flow of about -NT$205 million and free cash flow of roughly -NT$632 million mean the burn is far larger than the reported net loss. The balance sheet (45) is the relative strength, with equity still about 31% of assets and debt about 21% of assets, but equity has fallen for four consecutive years while debt-to-equity nearly tripled to 0.66 since 2022, leaving the company reliant on external funding.
Income Statement
22NegativeBalance Sheet
45NeutralCash Flow
12Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.58B | 1.51B | 1.41B | 1.45B | 1.85B | 2.01B |
| Gross Profit | 216.15M | 197.21M | 172.85M | 166.54M | 215.42M | 265.04M |
| EBITDA | -115.32M | -166.47M | -91.26M | -148.04M | 585.00K | 12.83M |
| Net Income | -86.73M | -104.25M | -68.81M | -131.95M | -11.77M | -24.12M |
Balance Sheet | ||||||
| Total Assets | 3.81B | 3.27B | 3.27B | 3.29B | 3.49B | 3.54B |
| Cash, Cash Equivalents and Short-Term Investments | 1.40B | 1.23B | 1.65B | 2.24B | 2.16B | 2.16B |
| Total Debt | 841.77M | 680.66M | 433.57M | 403.78M | 304.12M | 308.69M |
| Total Liabilities | 1.16B | 921.27M | 664.34M | 552.23M | 553.22M | 581.36M |
| Stockholders Equity | 1.39B | 1.03B | 1.14B | 1.18B | 1.31B | 1.29B |
Cash Flow | ||||||
| Free Cash Flow | -658.78M | -632.36M | -624.24M | 12.50M | -18.87M | -217.74M |
| Operating Cash Flow | -127.15M | -204.84M | -180.50M | 99.43M | 1.68M | -211.78M |
| Investing Cash Flow | -545.64M | -417.51M | -470.52M | -779.00K | 1.27B | -1.41B |
| Financing Cash Flow | 801.55M | 242.63M | 7.96M | 81.87M | -15.37M | 2.01B |
Metatech (Ap) Inc. Peers Comparison
Overall Rating
TW:671660Neutral
TW:623356Neutral
TW:343852Neutral
TW:673547Neutral- TW:322431Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6716 | 60Neutral | TWD 2.31B | 10.21 | ― | 1.99% | 36.28% | 399.93% |
| TW:6233 | 56Neutral | TWD 2.74B | 68.37 | ― | 2.13% | 2.62% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3438 | 52Neutral | TWD 2.34B | 33.56 | ― | 3.00% | -11.08% | 111.39% |
| TW:6735 | 47Neutral | TWD 2.38B | 32.75 | ― | 1.32% | 33.32% | ― |
| TW:3224 | 31Underperform | TWD 2.31B | -37.97 | ― | ― | 18.12% | -31.75% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3224 | Metatech (Ap) Inc. | 29.95 | -19.95 | -39.98% | |
| TW:3438 | Advanced Analog Technology, Inc. | 50.00 | 4.20 | 9.16% | |
| TW:6233 | Prolific Technology Inc. | 35.25 | 15.55 | 78.97% | |
| TW:6423 | Yield Microelectronics Corporation | 80.00 | 6.03 | 8.16% | |
| TW:6716 | PADAUK Technology Co., Ltd. | 80.30 | 28.60 | 55.33% | |
| TW:6735 | AMIDA Technology. Inc. | 53.20 | -6.57 | -10.99% |
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