Advanced Connection Technology Inc. AI Stock Analysis
Advanced Connection Technology Inc. (3492) AI Stock Analysis
Advanced Connection Technology Inc.
(TPEx:3492)
Advanced Connection Technology scores moderately well, driven by a very strong balance sheet with minimal leverage, record earnings, and cash flow that comfortably covers reported profits. A low P/E of 14.6 combined with a 5.8% dividend yield adds meaningful value and income appeal. Offsetting these strengths, the shares trade below all key moving averages with negative MACD and subdued RSI, pointing to a persistent downtrend, while narrowing gross margins, a 17% drop in free cash flow and a history of volatile earnings temper the outlook. Earnings call and corporate event data were unavailable and excluded, with their weight redistributed across the remaining components.
Advanced Connection Technology Inc. (3492) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 682.21M
- Dividend Yield
- 5.73%
- Average Volume (3M)
- 67.26K
- Price to Earnings (P/E)
- 15.2
- Beta (1Y)
- 0.46
- Revenue Growth
- -3.52%
- EPS Growth
- -26.09%
- Country
- TW
- Employees
- 1,000
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Advanced Connection Technology Inc. Business Overview & Revenue Model
Company Description
Advanced Connection Technology Inc., established in 1983 and based in New Taipei City, Taiwan, specializes in the development, manufacturing, and distribution of a comprehensive range of connectivity solutions. Their product portfolio includes variou...
Advanced Connection Technology Inc. Financial Statement Overview
Summary
A financially conservative profile in the early stages of a profit recovery. The balance sheet is the standout (score 79): equity of NT$652.4M funds about 65% of assets, debt-to-equity has fallen to 0.10, and equity has grown every year since 2020. Earnings (66) reached a six-year high with revenue up ~4.7% to NT$851.7M and net income of NT$63.0M (7.4% net margin), though gross margin slipped to 29.0% and EBITDA eased. Cash flow (70) is adequate, with operating cash flow of NT$79.6M covering net income and free cash flow of NT$61.8M, but free cash flow fell ~17% year over year and the multi-year record is volatile, including negative free cash flow in 2023. ROE near 9.7% shows safety but only moderate capital productivity.
Income Statement
66PositiveBalance Sheet
79PositiveCash Flow
70Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 844.98M | 851.75M | 813.58M | 722.93M | 750.80M | 749.27M |
| Gross Profit | 224.96M | 247.32M | 254.63M | 196.73M | 187.61M | 194.81M |
| EBITDA | 88.88M | 105.93M | 110.72M | 54.84M | 75.97M | 51.29M |
| Net Income | 45.99M | 63.02M | 57.65M | 22.32M | 51.40M | 17.80M |
Balance Sheet | ||||||
| Total Assets | 1.00B | 1.00B | 983.31M | 937.18M | 917.26M | 858.04M |
| Cash, Cash Equivalents and Short-Term Investments | 308.52M | 307.85M | 296.94M | 260.01M | 335.16M | 344.82M |
| Total Debt | 60.27M | 67.38M | 72.04M | 95.55M | 25.28M | 46.49M |
| Total Liabilities | 357.75M | 351.89M | 356.50M | 370.54M | 329.08M | 320.00M |
| Stockholders Equity | 643.18M | 652.37M | 626.82M | 566.64M | 588.18M | 538.03M |
Cash Flow | ||||||
| Free Cash Flow | 36.87M | 61.84M | 64.79M | -29.56M | 52.48M | 66.77M |
| Operating Cash Flow | 52.81M | 79.57M | 80.16M | 3.56M | 66.63M | 71.16M |
| Investing Cash Flow | -25.81M | -64.39M | -15.01M | -45.25M | -29.45M | 17.14M |
| Financing Cash Flow | -51.82M | -50.09M | -41.01M | -33.18M | -50.72M | -1.82M |
Advanced Connection Technology Inc. Peers Comparison
Overall Rating
- TW:349267Neutral
TW:629460Neutral
TW:624140Underperform
TW:327239Underperform
TW:621036Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3492 | 67Neutral | TWD 689.31M | 15.19 | ― | 5.73% | -3.52% | -26.09% |
| TW:6294 | 60Neutral | TWD 696.76M | 10.06 | ― | 11.28% | -12.40% | -35.00% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6241 | 40Underperform | TWD 749.03M | 34.89 | ― | ― | -6.78% | ― |
| TW:3272 | 39Underperform | TWD 691.22M | -1.27 | ― | ― | -11.96% | -68.38% |
| TW:6210 | 36Underperform | TWD 655.40M | -10.22 | ― | ― | 37.29% | 52.12% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3492 | Advanced Connection Technology Inc. | 19.20 | -3.81 | -16.57% | |
| TW:3272 | Good Way Technology Co., Ltd. | 11.00 | -9.90 | -47.37% | |
| TW:5254 | Cen Link Co., Ltd. | 33.80 | 2.76 | 8.88% | |
| TW:6210 | Kintech Electronics Co., Ltd. | 18.60 | -0.50 | -2.62% | |
| TW:6241 | Amigo Technology, Inc. | 16.40 | 0.64 | 4.05% | |
| TW:6294 | Tekom Technologies, Inc. | 26.60 | -17.03 | -39.04% |
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