HiTi Digital Inc. AI Stock Analysis
HiTi Digital Inc. (3494) AI Stock Analysis
HiTi Digital Inc.
(TWSE:3494)
HiTi Digital scores poorly, driven primarily by its financial performance. Despite solid revenue growth, the company has posted six consecutive years of losses and negative operating cash flow, and the most recent year saw a sharp deterioration: gross margin nearly halved to 8.3%, the net loss widened, free cash flow fell to negative NT$171 million, and leverage rose to 1.44x as equity shrank. Technicals reinforce the caution, with the share price trading below all key moving averages and MACD negative. Valuation offers no offset given negative earnings and no dividend. The main positives are strong top-line traction and a remaining equity cushion of roughly 31% of assets; a sustained recovery in gross margin and cash generation would be required for the score to improve.
HiTi Digital Inc. (3494) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 659.81M
- Dividend Yield
- ―
- Average Volume (3M)
- 63.91K
- Price to Earnings (P/E)
- -4.0
- Beta (1Y)
- 0.43
- Revenue Growth
- 2.94%
- EPS Growth
- -31.91%
- Country
- TW
- Employees
- 2,234
- Sector
- General
- Sector Strength
- 55
- Industry
- Computer Hardware
HiTi Digital Inc. Business Overview & Revenue Model
Company Description
HiTi Digital, Inc. engages in the research and development, manufacturing, distribution, retailing, and investment in office machines, cameras, and related peripheries in Taiwan and internationally. It offers digital printers; chemical material paper...
HiTi Digital Inc. Financial Statement Overview
Summary
The financial profile is weak across all three statements. Revenue has nearly doubled over five years to NT$939 million, but the company has not earned a profit or produced positive operating cash flow in any of the last six years. The latest year reversed prior improvement: gross margin nearly halved to 8.3%, the net loss widened to NT$174 million (-18.5% margin), operating cash outflow accelerated to NT$125 million and free cash flow fell to negative NT$171 million. The balance sheet is also under strain, with debt of NT$831 million now exceeding equity of NT$577 million (1.44x debt-to-equity), equity eroding on continued losses, a shrinking asset base and return on equity of -30%. The remaining equity cushion of about 31% of assets provides some near-term flexibility, but funding and liquidity risk is elevated.
Income Statement
23NegativeBalance Sheet
33NegativeCash Flow
16Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 976.49M | 939.32M | 904.96M | 675.91M | 540.30M | 455.56M |
| Gross Profit | 90.30M | 78.43M | 141.19M | 38.80M | -11.88M | 54.56M |
| EBITDA | -23.24M | -38.45M | -12.88M | -110.04M | -168.82M | -41.05M |
| Net Income | -171.56M | -174.11M | -124.77M | -203.99M | -354.59M | -244.61M |
Balance Sheet | ||||||
| Total Assets | 1.83B | 1.85B | 2.03B | 1.92B | 2.16B | 2.24B |
| Cash, Cash Equivalents and Short-Term Investments | 46.70M | 107.30M | 259.53M | 57.36M | 94.19M | 33.51M |
| Total Debt | 737.62M | 830.79M | 743.05M | 759.94M | 738.88M | 559.18M |
| Total Liabilities | 1.22B | 1.18B | 1.17B | 1.33B | 1.30B | 1.20B |
| Stockholders Equity | 525.16M | 576.62M | 752.37M | 449.98M | 519.10M | 705.78M |
Cash Flow | ||||||
| Free Cash Flow | -130.71M | -171.34M | -63.80M | -89.56M | -167.64M | -113.68M |
| Operating Cash Flow | -74.00M | -125.12M | -47.24M | -83.44M | -158.85M | -102.71M |
| Investing Cash Flow | -60.33M | -55.97M | -22.10M | -11.63M | -39.59M | -8.71M |
| Financing Cash Flow | 145.26M | 34.46M | 277.65M | 45.72M | 258.74M | 72.02M |
HiTi Digital Inc. Peers Comparison
Overall Rating
TW:362345Neutral
TW:337340Underperform- TW:349430Underperform
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:3623 | 45Neutral | TWD 634.79M | 23.11 | ― | ― | -0.21% | ― |
| TW:3373 | 40Underperform | TWD 788.09M | -22.54 | ― | 0.60% | -2.28% | 36.05% |
| TW:3494 | 30Underperform | TWD 663.60M | -3.96 | ― | ― | 2.94% | -31.91% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3494 | HiTi Digital Inc. | 7.00 | -2.45 | -25.93% | |
| TW:2255 | Jet Optoelectronics Co., Ltd. | 11.60 | -15.25 | -56.80% | |
| TW:3373 | Radiant Innovation Inc. | 16.55 | -1.49 | -8.26% | |
| TW:3623 | Transtouch Technology Inc. | 21.75 | 1.30 | 6.36% | |
| TW:5248 | Pixon Technologies Corporation | 18.30 | -4.75 | -20.61% | |
| TW:6858 | IPEVO Corporation | 22.70 | -7.40 | -24.58% |
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