UTECHZONE Co., Ltd. AI Stock Analysis
UTECHZONE Co., Ltd. (3455) AI Stock Analysis
UTECHZONE Co., Ltd.
(TPEx:3455)
UTECHZONE scores in the lower-middle range. The biggest drag is a three-year slide in revenue and a sharp compression in margins and returns on equity, compounded by a rich 48.9x P/E that leaves little room for disappointment. Technicals add to the caution, with the share price far below all major moving averages and negative MACD momentum, though oversold RSI and stochastic readings indicate selling may be extended. On the positive side, the company remains financially sound — low leverage, a conservatively funded balance sheet, resilient 53%+ gross margins and growing free cash flow that supports a 2.1% dividend. The investment case hinges on an eventual recovery in orders to restore earnings leverage.
UTECHZONE Co., Ltd. (3455) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 11.55B
- Dividend Yield
- 1.81%
- Average Volume (3M)
- 2.67M
- Price to Earnings (P/E)
- 53.7
- Beta (1Y)
- 1.71
- Revenue Growth
- -23.10%
- EPS Growth
- 33.40%
- Country
- TW
- Employees
- 150
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
UTECHZONE Co., Ltd. Business Overview & Revenue Model
Company Description
Utechzone Co., Ltd. is a Taiwanese company that specializes in the research, development, manufacturing, and distribution of automated optical inspection (AOI) solutions. Their diverse product portfolio includes inspection systems for printed circuit...
UTECHZONE Co., Ltd. Financial Statement Overview
Summary
A mixed profile dominated by a weak income statement (42): revenue has fallen for three straight years from roughly NT$3.15bn in 2022 to NT$1.68bn in 2025, with net income collapsing from NT$751m to NT$160m and ROE sliding from 26% to about 6%. Part of 2025's profit came from non-operating items, weakening earnings quality. Offsetting this, the balance sheet is strong (76) with debt-to-equity of just 0.25 and equity funding 64% of assets, and cash flow is solid (71) with operating cash flow of NT$389m — more than twice net income — and free cash flow up 16% to NT$298m. Gross margins holding above 53% suggest core product economics remain intact, leaving room for earnings leverage if orders recover.
Income Statement
42NeutralBalance Sheet
76PositiveCash Flow
71Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.44B | 1.68B | 1.85B | 2.01B | 3.15B | 2.76B |
| Gross Profit | 815.18M | 901.07M | 1.00B | 1.17B | 1.77B | 1.40B |
| EBITDA | 179.69M | 186.33M | 382.41M | 448.90M | 974.23M | 624.24M |
| Net Income | 213.43M | 159.91M | 316.56M | 314.23M | 750.85M | 448.98M |
Balance Sheet | ||||||
| Total Assets | 4.15B | 3.98B | 4.21B | 4.60B | 5.04B | 4.08B |
| Cash, Cash Equivalents and Short-Term Investments | 644.99M | 705.68M | 502.86M | 596.74M | 653.45M | 542.55M |
| Total Debt | 716.91M | 654.41M | 603.73M | 659.17M | 666.61M | 247.24M |
| Total Liabilities | 1.75B | 1.41B | 1.54B | 1.94B | 2.19B | 1.67B |
| Stockholders Equity | 2.40B | 2.57B | 2.67B | 2.65B | 2.85B | 2.42B |
Cash Flow | ||||||
| Free Cash Flow | 78.84M | 298.32M | 260.21M | 491.56M | 939.00K | 405.93M |
| Operating Cash Flow | 125.91M | 389.31M | 345.61M | 497.64M | 703.12M | 437.60M |
| Investing Cash Flow | 56.28M | 41.92M | -60.16M | 14.54M | -692.78M | -41.50M |
| Financing Cash Flow | -222.62M | -225.64M | -382.81M | -567.19M | 96.70M | -263.87M |
UTECHZONE Co., Ltd. Peers Comparison
Overall Rating
TW:666764.1Neutral
TW:643852Neutral- TW:345550Neutral
TW:620744Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6667 | 64Neutral | TWD 12.62B | 12.58 | ― | 4.81% | 28.55% | 55.47% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6438 | 52Neutral | TWD 11.34B | 24.13 | ― | 3.62% | 18.41% | -25.67% |
| TW:3455 | 50Neutral | TWD 11.27B | 53.65 | ― | 1.81% | -23.10% | 33.40% |
| TW:6207 | 44Neutral | TWD 9.82B | 67.61 | ― | 0.57% | -6.64% | 34.89% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3455 | UTECHZONE Co., Ltd. | 193.50 | 108.46 | 127.54% | |
| TW:4537 | Shuz Tung Machinery Industrial Co., Ltd. | 129.00 | 89.86 | 229.60% | |
| TW:6207 | Laser Tek Taiwan Co., Ltd. | 105.50 | 56.31 | 114.48% | |
| TW:6438 | Symtek Automation Asia Co., Ltd. | 138.00 | 7.14 | 5.46% | |
| TW:6667 | Trusval Technology Co., Ltd. | 236.00 | 7.12 | 3.11% | |
| TW:7932 | e-Ray Technology Co., Ltd. | 213.50 | -181.50 | -45.95% |
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