Eclat Forever Machinery Co., Ltd. AI Stock Analysis
Eclat Forever Machinery Co., Ltd. (3485) AI Stock Analysis
Eclat Forever Machinery Co., Ltd.
(TPEx:3485)
The score is anchored by strong fundamentals: an essentially debt-free balance sheet, equity funding nearly 90% of assets, and best-in-class margins (gross near 56%, net near 37%). These strengths are tempered by a shrinking top line, stepped-down earnings, and a sharp deterioration in cash conversion, with operating cash flow covering less than half of net income. Technicals are the main drag, with the price well below all key moving averages, negative MACD and deeply depressed Stochastic readings pointing to a persistent downtrend. A full P/E of 26.6 against declining results offsets the supportive 2.74% dividend yield. Earnings call and corporate event components were excluded for lack of data, with their weight redistributed.
Eclat Forever Machinery Co., Ltd. (3485) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 7.55B
- Dividend Yield
- 2.42%
- Average Volume (3M)
- 164.44K
- Price to Earnings (P/E)
- 28.9
- Beta (1Y)
- 1.30
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- TW
- Employees
- 98
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
Eclat Forever Machinery Co., Ltd. Business Overview & Revenue Model
Company Description
Eclat Forever Machinery Co., Ltd., established in 1983 and based in Taoyuan City, Taiwan, specializes in the research, development, and manufacturing of advanced production machinery. The company's innovative equipment supports various industries glo...
Eclat Forever Machinery Co., Ltd. Financial Statement Overview
Summary
Eclat Forever Machinery combines exceptional profitability with a fortress balance sheet. Gross margin expanded to roughly 56% and net margin held near 37%, while the company is effectively debt-free with equity funding about 88% of assets (Balance Sheet 91). Offsetting this, the income statement (78) shows revenue down about 6.8% to NT$549M and well below the 2022 peak, with net income stepping down to roughly NT$202M. Cash flow is the clear weak spot (58): operating cash flow collapsed to about NT$88M from NT$317M and covered less than half of reported net income, signaling working capital drag, though free cash flow has remained positive every year and capex is light.
Income Statement
78PositiveBalance Sheet
91Very PositiveCash Flow
58Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 561.37M | 549.07M | 610.47M | 608.57M | 762.26M | 578.19M |
| Gross Profit | 290.71M | 306.28M | 291.53M | 317.61M | 312.51M | 215.06M |
| EBITDA | 210.27M | 260.43M | 329.02M | 294.81M | 317.87M | 165.81M |
| Net Income | 228.23M | 201.80M | 244.23M | 224.10M | 241.12M | 119.26M |
Balance Sheet | ||||||
| Total Assets | 2.92B | 1.51B | 1.76B | 1.82B | 1.84B | 1.32B |
| Cash, Cash Equivalents and Short-Term Investments | 2.18B | 952.18M | 1.07B | 903.78M | 939.86M | 686.35M |
| Total Debt | 3.18M | 917.00K | 1.48M | 2.67M | 5.03M | 2.39M |
| Total Liabilities | 512.64M | 186.21M | 452.29M | 613.03M | 729.88M | 365.08M |
| Stockholders Equity | 2.41B | 1.32B | 1.31B | 1.20B | 1.11B | 959.88M |
Cash Flow | ||||||
| Free Cash Flow | 105.54M | 73.81M | 300.73M | 99.91M | 351.60M | 144.50M |
| Operating Cash Flow | 120.49M | 88.12M | 317.47M | 103.86M | 353.46M | 146.34M |
| Investing Cash Flow | -14.81M | -14.14M | -16.75M | 73.54M | 302.71M | -71.38M |
| Financing Cash Flow | 946.38M | -189.32M | -145.43M | -136.65M | -92.18M | -82.65M |
Eclat Forever Machinery Co., Ltd. Peers Comparison
Overall Rating
TW:222168.5Neutral- TW:348565Neutral
TW:223357Neutral
TW:158340Underperform
TW:454037Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2221 | 69Neutral | TWD 6.43B | 56.44 | ― | 0.90% | 18.85% | 87.57% |
| TW:3485 | 65Neutral | TWD 6.99B | 28.85 | ― | 2.42% | ― | ― |
| TW:2233 | 57Neutral | TWD 6.87B | 20.10 | ― | 3.39% | -2.23% | -20.63% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1583 | 40Underperform | TWD 5.56B | 59.87 | ― | 0.21% | 3.58% | -65.42% |
| TW:4540 | 37Underperform | TWD 5.89B | -382.86 | ― | ― | 36.77% | 94.53% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3485 | Eclat Forever Machinery Co., Ltd. | 186.00 | 106.12 | 132.84% | |
| TW:1583 | Goodway Machine Corp. | 46.70 | 5.13 | 12.34% | |
| TW:2221 | Tachia Yung Ho Machine Industry Co., Ltd. | 167.00 | 139.45 | 506.28% | |
| TW:2233 | Turvo International Co., Ltd. | 118.00 | -91.87 | -43.78% | |
| TW:4540 | TBI MOTION TECHNOLOGY CO LTD | 53.00 | 16.60 | 45.60% | |
| TW:6990 | Plum-Monix Industry Co Ltd | 101.00 | 75.56 | 297.06% |
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