Sunnic Technology & Merchandise Inc. (3360) AI Stock Analysis

Sunnic Technology & Merchandise Inc.

(TPEx:3360)

Select Model

Rating:38Underperform

Price Target:$12.00▼(-7.69% Downside)

Action:initiatedcoverage

Date:11/09/26

Low score driven primarily by poor financial performance including revenue volatility, thin margins, and negative cash flows, reinforced by extreme overvaluation on P/E and bearish technical indicators.

Positive Factors

Revenue ReboundThe 2025 revenue rebound indicates that demand or commercial execution improved after a weaker period. If maintained, renewed top-line growth can provide operating leverage and create a foundation for improving earnings, even though profitability has not yet recovered.

Negative Factors

Persistent Losses and Low MarginsPersistent net losses and a very low gross margin indicate that the business currently has limited earnings resilience. Thin profitability reduces the ability to absorb weaker demand or cost increases and makes sustained internal funding of operations and growth more difficult.

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

Weak results with volatile revenue declining overall, thin 4% gross margins, repeated net losses, sharply negative operating cash flow of -247 million, and rising debt-to-equity at 1.37.

Income Statement

32Negative

Balance Sheet

45Neutral

Cash Flow

28Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3360 against its peers
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:3360	38Underperform	TWD 997.05M	1773.97	―	―	42.66%	―
TW:3057	33Underperform	TWD 834.73M	-8.11	―	―	0.03%	9.46%

* General Sector Average

Performance Comparison

TW:3360 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3360	Sunnic Technology & Merchandise Inc.	13.00	0.30	2.36%
TW:2380	Avision Inc.	13.60	-3.65	-21.14%
TW:3057	Promise Technology, Inc.	12.35	-3.80	-23.53%
TW:6154	Sunfar Computer Co., Ltd.	13.65	0.44	3.35%
TW:6160	CipherLab Co., Ltd.	11.95	-6.95	-36.77%
TW:7868	Inforcom Technology Co., Ltd.	56.40	22.98	68.75%

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

Sunnic Technology & Merchandise Inc. AI Stock Analysis