Taiwan Benefit Co. AI Stock Analysis
Taiwan Benefit Co. (3379) AI Stock Analysis
Taiwan Benefit Co.
(TPEx:3379)
The score is anchored by solid fundamentals: a near debt-free balance sheet (debt-to-equity 0.06), a tripling of revenue since 2023, and a decisive swing from losses to NT$80.7 million of net income with ROE of 11.9%. These strengths are tempered by clear quality concerns — gross margin has fallen to 13.2%, net margin is only 4.1%, and operating cash flow more than halved as growth consumed working capital. Technicals are constructive in the short term, with price above the 20-, 50- and 100-day averages and a positive MACD, though the stock still trades well below its 200-day average. Valuation is the weakest element, as a 31.3x P/E prices in sustained growth, partially offset by an appealing 3.9% dividend yield. The result is a moderately above-average score reflecting an improving but not yet fully proven turnaround.
Taiwan Benefit Co. (3379) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.26B
- Dividend Yield
- 4.00%
- Average Volume (3M)
- 532.94K
- Price to Earnings (P/E)
- 32.4
- Beta (1Y)
- 0.71
- Revenue Growth
- 28.10%
- EPS Growth
- -17.60%
- Country
- TW
- Employees
- 80
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
Taiwan Benefit Co. Business Overview & Revenue Model
Company Description
Established in Taipei, Taiwan, in 1981, Taiwan Benefit Company operates across Taiwan, Europe, the United States, and Japan, focusing on equipment manufacturing, production system engineering, and agency services. The company supplies a comprehensive...
Taiwan Benefit Co. Financial Statement Overview
Summary
Taiwan Benefit is in a strong cyclical upswing: revenue roughly tripled from NT$601 million in 2023 to NT$1.98 billion in 2025, and the company swung from losses to net income of NT$80.7 million, with ROE improving to 11.9%. The balance sheet is the standout, with debt-to-equity of just 0.06 and a steadily rising equity base of NT$680 million, providing solid downside protection. Offsetting this, gross margin has compressed nine percentage points in two years to 13.2% and net margin is thin at 4.1%, while operating cash flow halved to NT$96.9 million as working capital absorbed the growth. Cash conversion quality remains good (free cash flow at ~92% of net income), but the multi-year profit and cash flow record is still volatile.
Income Statement
67PositiveBalance Sheet
78PositiveCash Flow
64Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.70B | 1.98B | 1.09B | 601.39M | 582.11M | 715.07M |
| Gross Profit | 237.21M | 261.43M | 195.53M | 133.91M | 114.65M | 147.68M |
| EBITDA | 50.90M | 83.07M | 56.59M | 12.03M | -4.90M | 31.93M |
| Net Income | 38.76M | 80.67M | 41.47M | -4.56M | -20.87M | 10.21M |
Balance Sheet | ||||||
| Total Assets | 1.18B | 1.32B | 1.61B | 1.28B | 939.66M | 950.70M |
| Cash, Cash Equivalents and Short-Term Investments | 271.25M | 413.63M | 340.32M | 152.31M | 124.30M | 183.91M |
| Total Debt | 16.82M | 40.88M | 35.11M | 41.17M | 68.04M | 61.75M |
| Total Liabilities | 572.57M | 645.10M | 984.30M | 681.48M | 476.47M | 479.12M |
| Stockholders Equity | 605.60M | 679.79M | 623.29M | 600.90M | 463.19M | 471.58M |
Cash Flow | ||||||
| Free Cash Flow | -56.91M | 88.66M | 194.92M | 26.48M | -64.39M | 81.11M |
| Operating Cash Flow | -52.57M | 96.88M | 198.82M | 28.66M | -62.96M | 82.25M |
| Investing Cash Flow | -105.94M | -146.54M | 12.60M | 22.74M | 644.00K | 3.85M |
| Financing Cash Flow | -34.11M | -35.35M | -27.60M | -30.83M | 1.06M | -8.55M |
Taiwan Benefit Co. Peers Comparison
Overall Rating
- TW:337965Neutral
TW:458461Neutral
TW:206353Neutral
TW:892846Neutral
TW:452845Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3379 | 65Neutral | TWD 1.14B | 32.35 | ― | 4.00% | 28.10% | -17.60% |
| TW:4584 | 61Neutral | TWD 1.07B | 20.93 | ― | 5.59% | -16.79% | -50.73% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2063 | 53Neutral | TWD 1.16B | 12.13 | ― | 2.27% | -11.29% | -12.54% |
| TW:8928 | 46Neutral | TWD 1.04B | 8.19 | ― | 3.91% | -12.55% | 122.09% |
| TW:4528 | 45Neutral | TWD 1.18B | -20.70 | ― | 1.42% | -3.33% | -515.57% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3379 | Taiwan Benefit Co. | 30.00 | -24.61 | -45.07% | |
| TW:2063 | Sheh Kai Precision Co., Ltd. | 22.00 | -0.66 | -2.92% | |
| TW:4528 | Chian Hsing Forging Industrial Co., Ltd. | 14.05 | -3.05 | -17.83% | |
| TW:4584 | Jufan Industrial Co., Ltd. | 35.80 | -12.63 | -26.08% | |
| TW:4587 | LNC Technology Co., Ltd. | 31.50 | 9.00 | 40.00% | |
| TW:8928 | Dynamic Precision Industry Corp. | 20.45 | -5.79 | -22.06% |
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