Uniflex Technology, Inc. AI Stock Analysis
Uniflex Technology, Inc. (3321) AI Stock Analysis
Uniflex Technology, Inc.
(TWSE:3321)
The score is driven primarily by weak fundamentals: Uniflex Technology remains loss-making with negative operating and free cash flow, a negative return on equity, and leverage where debt roughly equals equity, leaving the company reliant on outside funding. Offsetting this somewhat is a genuine improvement trend — three periods of revenue growth, gross margin expansion to nearly 11%, positive EBITDA, and materially narrower cash burn. Technicals are neutral, with the price sitting near its 50- and 200-day averages and RSI in mid-range territory, offering no strong directional signal. Valuation provides no support given the negative P/E and absence of a dividend. The key confirmation investors should await is the quarter in which operating cash flow and net income turn positive.
Uniflex Technology, Inc. (3321) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.47B
- Dividend Yield
- ―
- Average Volume (3M)
- 365.73K
- Price to Earnings (P/E)
- -16.1
- Beta (1Y)
- 1.15
- Revenue Growth
- 11.46%
- EPS Growth
- 58.05%
- Country
- TW
- Employees
- 541
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Uniflex Technology, Inc. Business Overview & Revenue Model
Company Description
Uniflex Technology Inc., headquartered in Taichung, Taiwan, focuses on the creation, production, and sale of flexible printed circuit (FPC) boards. The company's diverse product line encompasses various FPC types, including single-sided, double-sided...
Uniflex Technology, Inc. Financial Statement Overview
Summary
Uniflex Technology is an unproven turnaround. Revenue has grown for three consecutive periods to NT$2.35B TTM and gross margin has expanded from negative to 10.9%, with EBITDA turning positive and net losses shrinking roughly 75% from the 2023 peak. However, the company remains unprofitable (-NT$69.4M net loss, -2.9% margin, a fifth straight annual loss), return on equity is around -10%, debt of NT$732M roughly matches equity of NT$723M with equity funding only ~30% of assets, and operating (-NT$119M) and free cash flow (-NT$178M) are still negative after four consecutive periods of cash burn. The business continues to depend on external financing, which caps the score despite the improving trajectory.
Income Statement
38NegativeBalance Sheet
44NeutralCash Flow
23Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.35B | 2.15B | 1.97B | 1.54B | 1.67B | 2.24B |
| Gross Profit | 257.40M | 126.97M | 44.91M | -12.70M | 3.03M | 260.11M |
| EBITDA | 32.61M | -57.23M | -90.22M | -104.20M | -43.89M | 189.63M |
| Net Income | -69.35M | -180.13M | -208.48M | -270.99M | -266.50M | -84.91M |
Balance Sheet | ||||||
| Total Assets | 2.38B | 2.14B | 1.87B | 1.94B | 1.76B | 2.24B |
| Cash, Cash Equivalents and Short-Term Investments | 216.36M | 214.86M | 220.72M | 475.16M | 272.91M | 110.82M |
| Total Debt | 731.94M | 717.17M | 778.07M | 709.38M | 741.87M | 709.03M |
| Total Liabilities | 1.66B | 1.42B | 1.41B | 1.29B | 1.17B | 1.39B |
| Stockholders Equity | 722.95M | 717.93M | 465.80M | 652.08M | 593.39M | 852.21M |
Cash Flow | ||||||
| Free Cash Flow | -177.96M | -311.03M | -346.28M | -110.90M | 103.90M | -22.96M |
| Operating Cash Flow | -119.33M | -250.87M | -302.36M | -65.12M | 156.24M | 44.89M |
| Investing Cash Flow | -62.51M | -59.73M | 55.52M | -138.93M | -49.13M | -46.09M |
| Financing Cash Flow | 46.02M | 295.52M | 60.01M | 300.74M | 31.69M | -97.15M |
Uniflex Technology, Inc. Peers Comparison
Overall Rating
TW:803257Neutral
TW:613443Neutral- TW:332141Neutral
TW:339040Underperform
TW:655237Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:8032 | 57Neutral | TWD 1.58B | 8.92 | ― | 3.93% | 33.20% | 107.84% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6134 | 43Neutral | TWD 1.66B | 27.13 | ― | 0.99% | 37.45% | ― |
| TW:3321 | 41Neutral | TWD 1.55B | -16.09 | ― | ― | 11.46% | 58.05% |
| TW:3390 | 40Underperform | TWD 1.45B | -78.00 | ― | 1.09% | 11.05% | 48.21% |
| TW:6552 | 37Underperform | TWD 1.55B | -1.49 | ― | 1.07% | -28.07% | -245.38% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3321 | Uniflex Technology, Inc. | 18.00 | 1.80 | 11.08% | |
| TW:3390 | Sunflex Technology Corp. | 18.25 | -3.76 | -17.07% | |
| TW:6134 | Wanshih Electronic Co., Ltd | 20.30 | -0.94 | -4.41% | |
| TW:6272 | Wieson Technologies Co., Ltd. | 20.10 | -34.30 | -63.05% | |
| TW:6552 | JMC Electronics Co., Ltd. | 18.65 | -5.95 | -24.19% | |
| TW:8032 | Koryo Electronics Co., Ltd. | 30.55 | -7.30 | -19.30% |
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