Sunnic Technology & Merchandise Inc. AI Stock Analysis
Sunnic Technology & Merchandise Inc. (3360) AI Stock Analysis
Sunnic Technology & Merchandise Inc.
(TPEx:3360)
The score is driven primarily by poor financial performance: three straight years of losses, negative operating and free cash flow, and rising leverage (debt-to-equity 1.37) against a shrinking equity base leave the company reliant on external financing. Technicals reinforce the caution, with the price below all key moving averages and a negative MACD, though oversold RSI and Stochastic readings suggest scope for a short-term bounce. Valuation provides no offset — the P/E is distorted by negligible earnings and there is no dividend. The modest positives are a near-11% revenue rebound and multi-year-high gross margin, which could drive operating leverage if volumes keep recovering, but confirmation of restored profitability and cash conversion is needed before the outlook improves.
Sunnic Technology & Merchandise Inc. (3360) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 974.13M
- Dividend Yield
- ―
- Average Volume (3M)
- 340.25K
- Price to Earnings (P/E)
- 1774.0
- Beta (1Y)
- 0.68
- Revenue Growth
- 42.66%
- EPS Growth
- ―
- Country
- TW
- Employees
- 119
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Sunnic Technology & Merchandise Inc. Business Overview & Revenue Model
Company Description
Sunnic Technology & Merchandise Inc, a Taiwanese company established in 1985 and based in Taipei, specializes in optoelectronic and image processing technologies. They offer a broad portfolio of products, from semiconductor components, specialized mo...
Sunnic Technology & Merchandise Inc. Financial Statement Overview
Summary
Financials are weak across all three statements. Revenue rebounded 10.97% to NT$7.34 billion and gross margin improved to 4.08%, but the business remains structurally thin-margin and posted an operating loss of NT$8.9 million and a net loss of NT$36.5 million — a third consecutive loss-making year. The balance sheet has stretched, with debt rising to NT$1.13 billion while equity slipped to NT$824 million, lifting debt-to-equity to 1.37 and leaving ROE at -4.4%. Cash flow is the weakest link: operating cash flow swung to -NT$246.6 million and free cash flow to -NT$332.2 million, meaning the volume recovery is being funded by borrowings rather than internal cash.
Income Statement
28NegativeBalance Sheet
34NegativeCash Flow
22Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.44B | 7.34B | 6.26B | 7.27B | 10.12B | 9.39B |
| Gross Profit | 314.62M | 299.85M | 241.61M | 203.24M | 328.84M | 357.33M |
| EBITDA | -2.79B | 41.22M | 32.52M | 11.21M | 109.11M | 143.34M |
| Net Income | -6.61M | -36.46M | -37.03M | -112.56M | 24.08M | 99.83M |
Balance Sheet | ||||||
| Total Assets | 5.00B | 3.57B | 2.84B | 2.44B | 5.10B | 4.20B |
| Cash, Cash Equivalents and Short-Term Investments | 1.89B | 909.00M | 979.98M | 770.36M | 1.78B | 1.52B |
| Total Debt | 2.16B | 1.13B | 863.72M | 774.47M | 2.27B | 1.38B |
| Total Liabilities | 4.18B | 2.75B | 1.97B | 1.53B | 4.04B | 3.17B |
| Stockholders Equity | 827.56M | 824.49M | 870.29M | 891.46M | 1.07B | 1.03B |
Cash Flow | ||||||
| Free Cash Flow | -228.58M | -332.21M | 100.93M | 543.61M | -628.73M | -436.50M |
| Operating Cash Flow | -215.15M | -246.56M | 169.99M | 578.83M | -447.57M | -426.00M |
| Investing Cash Flow | -629.47M | -87.46M | -106.48M | 691.63M | -330.27M | -121.21M |
| Financing Cash Flow | 1.40B | 272.01M | 79.45M | -1.55B | 867.96M | 514.75M |
Sunnic Technology & Merchandise Inc. Peers Comparison
Overall Rating
TW:615456Neutral
TW:238042Neutral
TW:616039Underperform
TW:305733Underperform- TW:336031Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6154 | 56Neutral | TWD 1.09B | 12.28 | ― | 3.74% | 3.43% | 163.60% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2380 | 42Neutral | TWD 822.31M | -2.42 | ― | ― | 24.06% | 57.68% |
| TW:6160 | 39Underperform | TWD 835.57M | -6.45 | ― | ― | -21.57% | -273.84% |
| TW:3057 | 33Underperform | TWD 834.73M | -8.11 | ― | ― | 0.03% | 9.46% |
| TW:3360 | 31Underperform | TWD 997.05M | 1773.97 | ― | ― | 42.66% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3360 | Sunnic Technology & Merchandise Inc. | 13.00 | 0.25 | 1.96% | |
| TW:2380 | Avision Inc. | 13.60 | -4.48 | -24.77% | |
| TW:3057 | Promise Technology, Inc. | 12.35 | -4.55 | -26.92% | |
| TW:6154 | Sunfar Computer Co., Ltd. | 13.65 | 0.39 | 2.97% | |
| TW:6160 | CipherLab Co., Ltd. | 11.95 | -7.15 | -37.43% | |
| TW:7868 | Inforcom Technology Co., Ltd. | 56.40 | 24.18 | 75.05% |
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