AEWIN Technologies Co., Ltd. AI Stock Analysis
AEWIN Technologies Co., Ltd. (3564) AI Stock Analysis
AEWIN Technologies Co., Ltd.
(TPEx:3564)
AEWIN scores low primarily because profitability has eroded sharply: despite ~9% revenue growth, gross margin compression has pushed net margin below 2% and ROE to 2.8%, while free cash flow has declined for a third straight year. Valuation compounds the risk, with a P/E of 134 and a negligible 0.56% dividend yield pricing in a recovery that earnings do not yet support. Technicals reinforce caution — the share price sits below all key moving averages with a negative MACD, though deeply depressed RSI and stochastic readings suggest selling may be nearing exhaustion. Offsetting positives are a reasonably capitalized balance sheet with moderate leverage and consistently positive, cash-backed earnings. A sustained rebound in gross margin would be the key catalyst for an improved score.
AEWIN Technologies Co., Ltd. (3564) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 3.32B
- Dividend Yield
- 0.51%
- Average Volume (3M)
- 928.96K
- Price to Earnings (P/E)
- 76.1
- Beta (1Y)
- 1.26
- Revenue Growth
- 22.54%
- EPS Growth
- -10.60%
- Country
- TW
- Employees
- 350
- Sector
- General
- Sector Strength
- 55
- Industry
- Computer Hardware
AEWIN Technologies Co., Ltd. Business Overview & Revenue Model
Company Description
AEWIN Technologies Co.,Ltd. specializes in the global delivery of sophisticated network computing platforms and comprehensive solutions. Their extensive product range encompasses dedicated network appliances, versatile servers (including general-purp...
AEWIN Technologies Co., Ltd. Financial Statement Overview
Summary
Weakest link is the income statement (38): revenue grew ~9% to NT$2.50bn, but gross margin fell to 22.9% from 25.9%, operating margin thinned to 2.6%, and net income dropped ~27% to NT$38m for a fragile 1.5% net margin. The balance sheet (55) is adequate — ~52% equity funding and debt-to-equity of 0.53, improved from 0.75 — but return on equity of just 2.8% signals poor capital efficiency. Cash flow (52) stays positive with NT$104m operating and NT$84m free cash flow and high 81% conversion, yet free cash flow has fallen for a third consecutive year and now covers only ~13% of total debt. Overall, the company is financially stable rather than strong, with growth not translating into profit.
Income Statement
38NegativeBalance Sheet
55NeutralCash Flow
52Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.68B | 2.50B | 2.29B | 1.97B | 2.46B | 2.02B |
| Gross Profit | 609.87M | 572.47M | 590.93M | 521.71M | 669.67M | 470.75M |
| EBITDA | 87.57M | 125.44M | 152.75M | 110.06M | 264.93M | 120.50M |
| Net Income | 21.54M | 38.35M | 52.87M | 26.62M | 153.74M | 44.62M |
Balance Sheet | ||||||
| Total Assets | 3.51B | 2.68B | 2.69B | 2.43B | 2.97B | 2.57B |
| Cash, Cash Equivalents and Short-Term Investments | 460.86M | 447.39M | 380.86M | 232.01M | 355.11M | 165.13M |
| Total Debt | 1.15B | 732.62M | 696.13M | 724.15M | 964.21M | 866.42M |
| Total Liabilities | 2.13B | 1.29B | 1.29B | 1.17B | 1.70B | 1.41B |
| Stockholders Equity | 1.38B | 1.39B | 1.40B | 1.26B | 1.28B | 1.16B |
Cash Flow | ||||||
| Free Cash Flow | -287.27M | 84.34M | 123.12M | 167.58M | 231.47M | -719.80M |
| Operating Cash Flow | -232.33M | 104.32M | 153.47M | 183.04M | 305.37M | -232.11M |
| Investing Cash Flow | -135.43M | -45.63M | -32.54M | -12.78M | -73.03M | -488.73M |
| Financing Cash Flow | 370.00M | -19.44M | 27.53M | -301.30M | -46.29M | 705.52M |
AEWIN Technologies Co., Ltd. Peers Comparison
Overall Rating
TW:236474Outperform
TW:302574Outperform
TW:804870Outperform- TW:356443Neutral
TW:304741Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2364 | 74Outperform | TWD 2.89B | 8.65 | ― | 4.04% | 17.40% | 60.67% |
| TW:3025 | 74Outperform | TWD 2.78B | 10.39 | ― | 6.54% | 33.73% | 81.12% |
| TW:8048 | 70Outperform | TWD 2.96B | 14.63 | ― | 4.02% | 29.69% | 39.16% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3564 | 43Neutral | TWD 3.11B | 76.12 | ― | 0.51% | 22.54% | -10.60% |
| TW:3047 | 41Neutral | TWD 2.99B | -14.89 | ― | 2.23% | -32.95% | -101.63% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3564 | AEWIN Technologies Co., Ltd. | 52.60 | 4.24 | 8.77% | |
| TW:2364 | Twinhead International Corp. | 49.50 | -10.18 | -17.05% | |
| TW:3025 | Loop Telecommunication International, Inc. | 48.95 | 5.05 | 11.51% | |
| TW:3047 | Edimax Technology Co., Ltd. | 13.40 | -5.80 | -30.21% | |
| TW:7939 | GIGAIPC Co Ltd | 154.50 | -146.00 | -48.59% | |
| TW:8048 | Ruby Tech Corporation | 49.80 | 6.14 | 14.08% |
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