Advanced Optoelectronic Technology, Inc. AI Stock Analysis
Advanced Optoelectronic Technology, Inc. (3437) AI Stock Analysis
Advanced Optoelectronic Technology, Inc.
(TWSE:3437)
The score is driven primarily by severe financial deterioration: a roughly 70% revenue decline since 2020, gross margin down to under 4%, deeply negative operating and net margins, and negative free cash flow of -NT$234 million. Technical signals compound the concern, with the stock trading below all major moving averages and a negative MACD confirming a sustained downtrend, though oversold RSI and Stochastic readings leave room for a short-term bounce. Valuation provides no cushion given negative earnings and no dividend. The principal mitigating factor is an almost debt-free balance sheet with equity funding roughly three-quarters of assets, which buys management time to restructure — but persistent losses and cash burn continue to erode that cushion, keeping the overall assessment low.
Advanced Optoelectronic Technology, Inc. (3437) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.48B
- Dividend Yield
- ―
- Average Volume (3M)
- 1.25M
- Price to Earnings (P/E)
- -6.4
- Beta (1Y)
- 0.98
- Revenue Growth
- -22.27%
- EPS Growth
- -58.73%
- Country
- TW
- Employees
- 1,332
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Advanced Optoelectronic Technology, Inc. Business Overview & Revenue Model
Company Description
Headquartered in Hsinchu City, Taiwan, Advanced Optoelectronic Technology Inc. was established in 1999, focusing primarily on the advancement of LED packaging technology within Taiwan. The company's diverse product portfolio includes surface mount li...
Advanced Optoelectronic Technology, Inc. Financial Statement Overview
Summary
Financial results are weak across the board. Revenue has collapsed roughly 70% since 2020 to about NT$1.60 billion, gross margin has fallen to just 3.8%, and the operating (-28.4%) and net (-23.9%) margins are deeply negative, with losses in five of the last six years. Cash generation has also stalled, with operating cash flow at -NT$115 million and free cash flow at -NT$234 million. The one clear offset is a fortress balance sheet: effectively no debt (debt-to-equity of 0.01) and equity funding about 74% of assets, which removes near-term solvency risk. However, equity has eroded from NT$2.79 billion to NT$2.05 billion and return on equity is -18.7%, showing the cushion is steadily shrinking.
Income Statement
13Very NegativeBalance Sheet
62PositiveCash Flow
18Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.44B | 1.60B | 2.04B | 1.97B | 2.41B | 4.40B |
| Gross Profit | 14.44M | 61.64M | 362.22M | 382.60M | 307.37M | 622.12M |
| EBITDA | -297.70M | -273.94M | 20.42M | 70.86M | 80.47M | 331.04M |
| Net Income | -394.92M | -383.40M | -135.41M | -101.33M | -142.25M | 88.31M |
Balance Sheet | ||||||
| Total Assets | 2.79B | 2.78B | 3.32B | 3.36B | 3.22B | 4.25B |
| Cash, Cash Equivalents and Short-Term Investments | 891.26M | 1.08B | 1.36B | 1.39B | 1.39B | 1.41B |
| Total Debt | 777.00K | 27.88M | 997.00K | 46.24M | 34.75M | 53.32M |
| Total Liabilities | 496.75M | 668.46M | 741.99M | 770.70M | 680.42M | 1.46B |
| Stockholders Equity | 2.22B | 2.05B | 2.51B | 2.48B | 2.51B | 2.79B |
Cash Flow | ||||||
| Free Cash Flow | -302.00M | -234.11M | -37.50M | -112.64M | 141.14M | 561.76M |
| Operating Cash Flow | -181.18M | -114.86M | 74.50M | 953.00K | 270.16M | 699.45M |
| Investing Cash Flow | -144.18M | -22.50M | -221.27M | -113.61M | -197.31M | 50.13M |
| Financing Cash Flow | -11.18M | -12.29M | -19.16M | 120.92M | -93.81M | -389.47M |
Advanced Optoelectronic Technology, Inc. Peers Comparison
Overall Rating
TW:343055Neutral
TW:524439Underperform
TW:333938Underperform
TW:658836Underperform- TW:343735Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3430 | 55Neutral | TWD 2.65B | 18.35 | ― | 1.89% | 27.94% | 44.29% |
| TW:5244 | 39Underperform | TWD 2.33B | -77.05 | ― | 1.18% | 4.95% | -149.34% |
| TW:3339 | 38Underperform | TWD 2.17B | -10.68 | ― | ― | 18.61% | -168.51% |
| TW:6588 | 36Underperform | TWD 2.67B | 426.31 | ― | ― | 94.18% | ― |
| TW:3437 | 35Underperform | TWD 2.44B | -6.36 | ― | ― | -22.27% | -58.73% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3437 | Advanced Optoelectronic Technology, Inc. | 17.40 | 2.55 | 17.17% | |
| TW:3339 | Tekcore Co., Ltd | 35.70 | 8.30 | 30.29% | |
| TW:3430 | Chitec Technology Co., Ltd. | 84.70 | 25.74 | 43.65% | |
| TW:5244 | Brightek Optoelectronic Co., Ltd. | 33.90 | -4.43 | -11.56% | |
| TW:6588 | East Tender Optoelectronics Corp. | 79.00 | 50.75 | 179.65% | |
| TW:7772 | Morrison Opto Electronics Ltd. | 88.30 | 20.74 | 30.71% |
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