AEWIN Technologies Co., Ltd. (3564) AI Stock Analysis

AEWIN Technologies Co., Ltd.

(TPEx:3564)

Select Model

Rating:49.9Neutral

Price Target:TWD 48.00▼(-16.96% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weakening profitability and cash generation, with additional pressure from an extremely high P/E ratio and weak technical momentum. The solid balance sheet and oversold technical readings provide limited support.

Positive Factors

2025 Revenue ReboundThe sharp 2025 revenue rebound indicates renewed demand for AEWIN’s networking and industrial computing offerings after the prior contraction. If maintained, stronger sales can improve operating leverage, support customer relationships, and provide a larger base for rebuilding earnings over the next several quarters.

Negative Factors

Thin Profit MarginsThin profitability leaves limited room to absorb pricing pressure, cost increases, or adverse product mix. Because margins are well below the stronger 2022 profile, the recent sales rebound has not yet translated into durable earnings power or a similarly strong return on capital.

AEWIN Technologies Co., Ltd. (3564) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.31B
Dividend Yield: 0.47%
Average Volume (3M): 970.36K
Price to Earnings (P/E): 84.0
Beta (1Y): 1.28
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

The balance sheet is comparatively solid, but declining profitability, thin margins, lower net income, and weakening operating and free cash flow constrain overall financial strength.

Income Statement

52Neutral

Balance Sheet

68Positive

Cash Flow

45Neutral

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3564 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2364	74Outperform	TWD 2.89B	9.13	―	3.83%	17.40%	60.67%
TW:3025	74Outperform	TWD 2.78B	10.30	―	6.60%	33.73%	81.02%
TW:8048	70Outperform	TWD 2.96B	14.93	―	4.12%	29.69%	39.16%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3564	50Neutral	TWD 3.11B	84.03	―	0.47%	22.54%	-10.60%
TW:3047	41Neutral	TWD 2.99B	-15.27	―	2.23%	-32.95%	-101.63%

* General Sector Average

Performance Comparison

TW:3564 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3564	AEWIN Technologies Co., Ltd.	57.80	11.78	25.60%
TW:2364	Twinhead International Corp.	52.20	-15.00	-22.32%
TW:3025	Loop Telecommunication International, Inc.	48.50	5.92	13.91%
TW:3047	Edimax Technology Co., Ltd.	13.90	-4.60	-24.86%
TW:7939	GIGAIPC Co Ltd	154.00	-146.50	-48.75%
TW:8048	Ruby Tech Corporation	48.50	3.35	7.41%

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

AEWIN Technologies Co., Ltd. AI Stock Analysis