Alpha Networks Inc. AI Stock Analysis
Alpha Networks Inc. (3380) AI Stock Analysis
Alpha Networks Inc.
(TWSE:3380)
Alpha Networks scores low, driven primarily by a fragile financial profile: despite a return to revenue growth and a small profit, the company burned nearly NT$2.9 billion of free cash flow over the past year and doubled its debt load to fund it, leaving leverage at multi-year highs and returns on equity near zero. Technicals reinforce the caution, with the stock trading well below all key moving averages and a negative MACD, even though oversold RSI and Stochastic readings hint at potential short-term stabilization. Valuation offers no offset — a P/E near 59 on minimal earnings and a 1.88% yield are hard to justify until operating cash flow turns positive and working capital normalizes. Earnings call and corporate event data were unavailable and excluded, with their weight redistributed across the remaining components.
Alpha Networks Inc. (3380) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 15.28B
- Dividend Yield
- 1.74%
- Average Volume (3M)
- 2.70M
- Price to Earnings (P/E)
- 61.7
- Beta (1Y)
- 0.83
- Revenue Growth
- 10.82%
- EPS Growth
- ―
- Country
- TW
- Employees
- 6,392
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
Alpha Networks Inc. Business Overview & Revenue Model
Company Description
Alpha Networks Inc. is a global technology company dedicated to the development, manufacturing, and support of a wide array of networking solutions. Its comprehensive product range covers both wired and wireless communication technologies. For local...
Alpha Networks Inc. Financial Statement Overview
Summary
The weakest pillar. Cash flow is the critical problem (score 22): trailing-twelve-month operating cash flow swung to roughly -NT$2.72 billion and free cash flow to -NT$2.92 billion, a sharp reversal from positive figures in 2025, driven by a heavy working-capital build and funded largely by new borrowing. The balance sheet (46) is still equity-backed at about NT$9.2 billion, but total debt more than doubled to around NT$7.8 billion, lifting debt-to-equity to 0.85 from 0.38, while return on equity is just 0.7%. The income statement (41) shows a genuine but fragile recovery — revenue up 5.7% TTM, gross margin widening to 19.3%, and a return to a small net profit of NT$68 million after a 2025 loss — yet a 0.28% net margin leaves almost no cushion in this low-margin contract-manufacturing profile.
Income Statement
41NeutralBalance Sheet
46NeutralCash Flow
22Negative| Breakdown | TTM | Dec 2024 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.03B | 21.44B | 22.46B | 28.27B | 33.63B | 27.86B |
| Gross Profit | 4.64B | 3.93B | 3.90B | 4.74B | 6.25B | 4.59B |
| EBITDA | 992.02M | 1.38B | 611.81M | 1.74B | 2.36B | 1.54B |
| Net Income | 67.78M | 218.63M | -193.87M | 547.92M | 917.08M | 433.89M |
Balance Sheet | ||||||
| Total Assets | 29.36B | 23.24B | 24.16B | 23.80B | 27.13B | 24.73B |
| Cash, Cash Equivalents and Short-Term Investments | 4.52B | 4.04B | 4.93B | 3.26B | 4.15B | 4.94B |
| Total Debt | 7.83B | 2.36B | 3.44B | 2.14B | 4.18B | 4.73B |
| Total Liabilities | 16.22B | 9.26B | 11.12B | 10.47B | 13.58B | 12.17B |
| Stockholders Equity | 9.21B | 9.91B | 9.12B | 10.01B | 10.37B | 9.60B |
Cash Flow | ||||||
| Free Cash Flow | -2.92B | 600.99M | 486.15M | 1.96B | 442.90M | -1.19B |
| Operating Cash Flow | -2.72B | 1.29B | 676.26M | 2.70B | 1.56B | -899.98M |
| Investing Cash Flow | -1.69B | -220.02M | -139.00M | -664.12M | -1.05B | -697.64M |
| Financing Cash Flow | 3.39B | -392.41M | 469.88M | -2.51B | -1.08B | 382.28M |
Alpha Networks Inc. Peers Comparison
Overall Rating
TW:302262Neutral
TW:370457Neutral
TW:490652Neutral
TW:530942Neutral- TW:338039Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3022 | 62Neutral | TWD 12.93B | 9.75 | ― | 4.78% | 26.50% | 43.52% |
| TW:3704 | 57Neutral | TWD 14.44B | 11.22 | ― | 1.13% | 4.90% | 31.87% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4906 | 52Neutral | TWD 15.97B | 715.00 | ― | 1.34% | -20.19% | ― |
| TW:5309 | 42Neutral | TWD 13.18B | 292.63 | ― | 0.87% | 8.96% | 68.37% |
| TW:3380 | 39Underperform | TWD 15.57B | 61.75 | ― | 1.74% | 10.82% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3380 | Alpha Networks Inc. | 28.60 | -1.53 | -5.09% | |
| TW:3022 | IEI Integration Corporation | 73.30 | 6.61 | 9.91% | |
| TW:3704 | Zyxel Group Corporation | 35.30 | -0.49 | -1.37% | |
| TW:4906 | GemTek Technology Co., Ltd. | 35.50 | 8.84 | 33.17% | |
| TW:5309 | Sysgration Ltd. | 55.90 | -0.44 | -0.78% | |
| TW:7805 | QNAP Systems, Inc. | 388.50 | -177.87 | -31.41% |
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