Senao Networks, Inc. AI Stock Analysis
Senao Networks, Inc. (3558) AI Stock Analysis
Senao Networks, Inc.
(TPEx:3558)
Senao Networks scores in the lower-middle range. The dominant drag is profitability and cash generation: despite a 25% revenue rebound, margins have compressed sharply (operating margin of 1.8%), ROE has fallen to 5.0%, and heavy capex drove free cash flow to negative NT$588 million while debt rose. A sound, low-leverage balance sheet with equity funding ~46% of assets provides important downside protection. Technicals compound the caution, with the stock trading far below all key moving averages amid negative MACD and deeply depressed momentum readings. Valuation offers limited support, as a P/E above 50 sits uncomfortably against thin current earnings, only partly offset by a 3.09% dividend yield.
Senao Networks, Inc. (3558) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 6.14B
- Dividend Yield
- 2.86%
- Average Volume (3M)
- 187.12K
- Price to Earnings (P/E)
- 50.0
- Beta (1Y)
- 1.11
- Revenue Growth
- -3.32%
- EPS Growth
- -69.25%
- Country
- TW
- Employees
- 1,091
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
Senao Networks, Inc. Business Overview & Revenue Model
Company Description
Senao Networks, Inc. is a Taiwan-based enterprise specializing in the full lifecycle of wireless communication solutions – from research and development to design, manufacturing, and global sales across markets like Taiwan, the United States, and Eur...
Senao Networks, Inc. Financial Statement Overview
Summary
A conservatively financed balance sheet (score 66) is the clear strength: equity has nearly doubled since 2020 to NT$6.10 billion, funding ~46% of assets, with debt-to-equity of just 0.27. However, earnings quality (score 44) and cash generation (score 33) are weak. Revenue rebounded ~25% to NT$15.0 billion, but gross margin has eroded to 15.7% from 21.5% in 2020, operating margin collapsed to 1.8%, and net income now exceeds operating profit, implying reliance on non-operating items. ROE has fallen to 5.0% from 25.8% in 2022. Operating cash flow dropped ~71% to NT$492 million and ~NT$1.1 billion of capex pushed free cash flow to negative NT$588 million, with borrowings rising from NT$0.93 billion to NT$1.63 billion to fund expansion.
Income Statement
44NeutralBalance Sheet
66PositiveCash Flow
33Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.70B | 15.04B | 11.98B | 16.61B | 16.32B | 9.18B |
| Gross Profit | 2.10B | 2.36B | 2.09B | 2.70B | 3.01B | 1.72B |
| EBITDA | 521.22M | 683.22M | 933.44M | 1.37B | 1.73B | 835.78M |
| Net Income | 126.33M | 307.05M | 240.27M | 828.37M | 1.06B | 449.27M |
Balance Sheet | ||||||
| Total Assets | 14.49B | 13.38B | 12.84B | 12.05B | 13.84B | 7.74B |
| Cash, Cash Equivalents and Short-Term Investments | 2.35B | 3.77B | 4.07B | 2.96B | 4.42B | 1.76B |
| Total Debt | 1.33B | 1.63B | 930.99M | 1.91B | 1.60B | 250.98M |
| Total Liabilities | 8.21B | 6.92B | 6.49B | 7.19B | 9.40B | 4.36B |
| Stockholders Equity | 5.98B | 6.10B | 6.03B | 4.63B | 4.13B | 3.19B |
Cash Flow | ||||||
| Free Cash Flow | -1.23B | -587.53M | 1.22B | -1.24B | 1.79B | -352.28M |
| Operating Cash Flow | -302.21M | 491.56M | 1.70B | -164.94M | 2.46B | 36.83M |
| Investing Cash Flow | -1.04B | -1.29B | -567.30M | -1.08B | -679.37M | -387.45M |
| Financing Cash Flow | -235.84M | 419.21M | -86.04M | -155.19M | 859.13M | -375.11M |
Senao Networks, Inc. Peers Comparison
Overall Rating
TW:316971Outperform
TW:614368Neutral
TW:369467Neutral
TW:230254Neutral- TW:355845Neutral
TW:306243Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3169 | 71Outperform | TWD 5.84B | 23.45 | ― | 3.47% | 4.81% | 4.09% |
| TW:6143 | 68Neutral | TWD 5.80B | 8.73 | ― | 8.75% | 8.15% | 19.48% |
| TW:3694 | 67Neutral | TWD 6.47B | 10.16 | ― | 5.50% | 15.44% | 18.33% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2302 | 54Neutral | TWD 6.71B | 37.62 | ― | 0.87% | 14.66% | 124.79% |
| TW:3558 | 45Neutral | TWD 6.20B | 50.00 | ― | 2.86% | -3.32% | -69.25% |
| TW:3062 | 43Neutral | TWD 6.39B | -9.65 | ― | ― | -1.21% | -212.49% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3558 | Senao Networks, Inc. | 103.50 | -30.83 | -22.95% | |
| TW:2302 | Rectron Ltd. | 40.05 | 21.14 | 111.79% | |
| TW:3062 | CyberTAN Technology, Inc. | 18.60 | -7.60 | -29.01% | |
| TW:3169 | Asix Electronics Co. Ltd. | 92.80 | 5.32 | 6.08% | |
| TW:3694 | AzureWave Technologies, Inc. | 40.45 | -23.47 | -36.72% | |
| TW:6143 | Netronix, Inc. | 70.20 | -51.99 | -42.55% |
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