Tung Thih Electronic Co., Ltd. (3552) AI Stock Analysis

Tung Thih Electronic Co., Ltd.

(TPEx:3552)

Select Model

Rating:40Underperform

Price Target:TWD 30.00▼(-5.81% Downside)

Action:initiatedcoverage

Date:11/10/26

Weak financial performance driven by revenue declines, margin compression, and negative free cash flow is the dominant factor. Bearish technical momentum and unattractive valuation from negative earnings add further pressure.

Positive Factors

2025 Revenue ReboundThe 2025 revenue rebound shows that the company can regain top-line momentum after a downturn. If this recovery persists, higher sales should provide a broader base for operating improvement, customer retention, and renewed earnings growth over the next several quarters.

Negative Factors

Severe Margin CompressionThe sharp decline in gross and net margins indicates that revenue growth is currently producing much less profit. Persistent cost pressure or weaker operating leverage would limit earnings conversion, reduce reinvestment capacity, and make the 2025 sales rebound less valuable to shareholders.

Tung Thih Electronic Co., Ltd. (3552) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.09B
Dividend Yield: 1.57%
Average Volume (3M): 339.66K
Price to Earnings (P/E): -9.5
Beta (1Y): 0.91
Revenue Growth: -3.76%
EPS Growth: -661.55%
Country: TW
Employees: 2,795
Sector: General
Sector Strength: 55
Industry: Auto - Parts

Tung Thih Electronic Co., Ltd. Business Overview & Revenue Model

Company Description

Tung Thih Electronic Co., Ltd., founded in 1979 and based in Taoyuan City, Taiwan, specializes in the development and supply of automotive electronic solutions. Through its subsidiaries, the company serves a global market, with operations extending a...

Tung Thih Electronic Co., Ltd. Financial Statement Overview

Summary

Income statement weakened by revenue declines and compressed margins to 18.8%. Balance sheet shows moderate leverage but ROE fell to 1.5%. Cash flow collapsed with negative free cash flow of -150 million.

Income Statement

38Negative

Balance Sheet

62Positive

Cash Flow

29Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.33B	8.46B	8.53B	9.92B	9.50B	8.39B
Gross Profit	1.40B	1.59B	1.81B	2.43B	2.05B	1.91B
EBITDA	117.09M	371.50M	480.64M	1.02B	999.80M	916.12M
Net Income	-101.10M	65.94M	144.93M	385.92M	617.78M	465.61M
Balance Sheet
Total Assets	11.80B	10.70B	10.79B	10.54B	10.20B	10.17B
Cash, Cash Equivalents and Short-Term Investments	2.43B	2.62B	3.25B	1.65B	1.06B	1.05B
Total Debt	2.42B	2.42B	2.66B	2.41B	2.59B	2.31B
Total Liabilities	7.40B	6.26B	6.35B	6.23B	5.90B	6.34B
Stockholders Equity	4.40B	4.44B	4.45B	4.32B	4.31B	3.83B
Cash Flow
Free Cash Flow	-115.26M	-149.65M	1.30B	1.59B	421.35M	52.05M
Operating Cash Flow	319.30M	272.34M	1.67B	1.81B	605.14M	259.84M
Investing Cash Flow	-1.21B	326.23M	-774.95M	-609.69M	-436.36M	6.67M
Financing Cash Flow	1.02B	-481.02M	55.74M	-1.02B	-415.00M	157.69M

Tung Thih Electronic Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3552 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1339	71Outperform	TWD 2.94B	7.33	―	6.26%	-10.90%	163.84%
TW:9951	69Neutral	TWD 3.20B	9.05	―	7.34%	5.34%	1.56%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6126	44Neutral	TWD 3.40B	37.25	―	2.34%	43.73%	-23.83%
TW:1598	40Underperform	TWD 3.07B	-16.80	―	2.68%	-17.50%	-68.01%
TW:3552	40Underperform	TWD 3.08B	-9.48	―	1.57%	-3.76%	-661.55%

* General Sector Average

Performance Comparison

TW:3552 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3552	Tung Thih Electronic Co., Ltd.	31.85	-37.81	-54.28%
TW:1339	Y.C.C. Parts Mfg. Co., Ltd.	39.95	-1.58	-3.80%
TW:1598	Dyaco International Inc.	18.65	-4.24	-18.53%
TW:2256	oToBrite Electronic,Inc.	72.50	46.09	174.52%
TW:6126	Singatron Enterprise Co. Ltd.	25.60	-5.47	-17.61%
TW:9951	Macauto Industrial Co., Ltd	44.35	-10.55	-19.22%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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

Tung Thih Electronic Co., Ltd. AI Stock Analysis