Wholetech System Hitech Limited AI Stock Analysis
Wholetech System Hitech Limited (3402) AI Stock Analysis
Wholetech System Hitech Limited
(TPEx:3402)
The overall score of 56 reflects a company with strong fundamental profitability and a rock-solid balance sheet that is currently facing severe headwinds. The most significant negative factor is the alarming deterioration in cash flow, which calls into question the quality of earnings and the sustainability of the high dividend. This is compounded by a deeply bearish technical picture, with the stock in a clear downtrend and showing intense selling momentum. The reasonable P/E and high dividend yield provide some support, but the immediate risks from cash flow and price trend dominate the outlook.
Wholetech System Hitech Limited (3402) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 8.30B
- Dividend Yield
- 5.06%
- Average Volume (3M)
- 250.97K
- Price to Earnings (P/E)
- 14.6
- Beta (1Y)
- 1.05
- Revenue Growth
- 17.22%
- EPS Growth
- 2.00%
- Country
- TW
- Employees
- 200
- Sector
- General
- Sector Strength
- 55
- Industry
- Engineering & Construction
Wholetech System Hitech Limited Business Overview & Revenue Model
Company Description
Wholetech System Hitech Limited, operating across Taiwan, China, and Singapore, specializes in providing comprehensive turnkey and system integration solutions. Their extensive service portfolio includes the design, installation, and maintenance of d...
Wholetech System Hitech Limited Financial Statement Overview
Summary
Financial performance is a tale of two stories. Profitability is strong with expanding margins (gross margin up to 23.4%) and a stellar balance sheet (D/E of 0.04, ROE of 24.2%). However, this is severely undermined by a dramatic cash flow collapse, with operating cash flow turning deeply negative in the TTM period. The inability to convert profits into cash is a major red flag, dragging the overall financial health score down significantly.
Income Statement
72PositiveBalance Sheet
85Very PositiveCash Flow
25Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.67B | 5.25B | 5.49B | 4.44B | 4.78B | 3.43B |
| Gross Profit | 1.23B | 1.23B | 1.16B | 927.85M | 831.27M | 676.88M |
| EBITDA | 763.46M | 776.00M | 750.36M | 592.28M | 573.72M | 415.14M |
| Net Income | 524.15M | 547.75M | 495.12M | 399.03M | 385.71M | 281.19M |
Balance Sheet | ||||||
| Total Assets | 6.99B | 6.32B | 6.52B | 6.14B | 6.17B | 3.85B |
| Cash, Cash Equivalents and Short-Term Investments | 2.47B | 2.44B | 3.40B | 2.26B | 2.38B | 902.66M |
| Total Debt | 181.86M | 89.15M | 41.70M | 396.26M | 290.98M | 81.28M |
| Total Liabilities | 4.88B | 4.06B | 4.46B | 4.27B | 4.39B | 2.24B |
| Stockholders Equity | 2.11B | 2.26B | 2.06B | 1.87B | 1.78B | 1.61B |
Cash Flow | ||||||
| Free Cash Flow | -124.33M | -672.01M | 1.79B | 123.92M | 1.51B | 81.08M |
| Operating Cash Flow | 222.24M | -248.38M | 2.07B | 237.30M | 1.73B | 115.72M |
| Investing Cash Flow | -346.00M | -246.33M | -261.18M | -263.54M | -220.15M | -69.07M |
| Financing Cash Flow | -323.39M | -324.31M | -676.20M | -211.69M | -31.25M | -112.67M |
Wholetech System Hitech Limited Peers Comparison
Overall Rating
TW:689467Neutral
TW:847364Neutral- TW:340256Neutral
TW:203049Neutral
TW:456647Neutral
TW:665440Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6894 | 67Neutral | TWD 8.26B | 19.34 | ― | 2.46% | 57.62% | 81.72% |
| TW:8473 | 64Neutral | TWD 6.98B | 9.98 | ― | 2.27% | 31.21% | 125.14% |
| TW:3402 | 56Neutral | TWD 8.01B | 14.55 | ― | 5.06% | 17.22% | 2.00% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2030 | 49Neutral | TWD 7.28B | 9.38 | ― | 1.95% | 9.86% | 784.60% |
| TW:4566 | 47Neutral | TWD 8.39B | 29.03 | ― | 0.90% | 18.15% | 370.19% |
| TW:6654 | 40Underperform | TWD 7.13B | 78.33 | ― | ― | 115.72% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3402 | Wholetech System Hitech Limited | 118.50 | 7.33 | 6.60% | |
| TW:2030 | Froch Enterprise Co., Ltd. | 25.60 | 11.98 | 87.90% | |
| TW:4566 | GLOBAL TEK FABRICATION CO., Ltd. | 76.20 | 23.92 | 45.76% | |
| TW:6654 | Tian Zheng International Precision Machinery Co., Ltd. | 178.00 | 93.70 | 111.15% | |
| TW:6894 | Waste Recovery Technology Inc | 345.00 | 135.37 | 64.57% | |
| TW:8473 | Forest Water Environmental Engineering Co., Ltd. | 34.40 | 1.70 | 5.19% |
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