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Leadtrend Technology Corporation (3588) AI Stock Analysis

TW:3588

Leadtrend Technology Corporation

(TWSE:3588)

Select Model
Rating:51Neutral
Price Target:TWD 42.00â–¼(-5.19% Downside)
Action:initiatedcoverage
Date:11/10/26

Strong balance sheet provides a solid foundation amid revenue volatility and margin pressures. Bearish technical indicators weigh on the score, while high P/E limits upside from valuation perspective.

Positive Factors
Very Low LeverageThe exceptionally low debt burden gives Leadtrend substantial financial flexibility and reduces solvency pressure. A largely equity-funded balance sheet can help the company withstand cyclical semiconductor demand, preserve investment capacity, and avoid diverting excessive cash toward interest or refinancing needs.
Negative Factors
Severely Compressed ProfitabilityThe steep decline in profitability shows that Leadtrend is currently converting substantially less revenue into earnings than it did earlier in the period. Thin operating margins leave less protection against cost or pricing pressure and can constrain reinvestment, returns on capital, and earnings durability.

Leadtrend Technology Corporation (3588) vs. SPDR S&P 500 ETF (SPY)

-20%-10%0%10%20%30%40%50%60%TW:3588-8.55%SPY+14.28%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 2.74B
Dividend Yield
1.13%
Average Volume (3M)
218.15K
Price to Earnings (P/E)
36.8
Beta (1Y)
0.96
Revenue Growth
20.36%
EPS Growth
223.74%
Country
TW
Employees
80
Sector
General
Sector Strength
55
Industry
Semiconductors

Leadtrend Technology Corporation Business Overview & Revenue Model

Company Description

Leadtrend Technology Corporation, a fabless semiconductor firm based predominantly in Taiwan, specializes in AC-DC power management integrated circuits tailored for both medium and high-power applications. Its extensive portfolio of mid-power control...

Leadtrend Technology Corporation Financial Statement Overview

Summary

Strong balance sheet with minimal debt provides excellent stability, though offset by volatile revenues, compressed margins, and inconsistent cash flows.

Income Statement

32Negative

Balance Sheet

91Very Positive

Cash Flow

62Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.49B1.35B1.45B1.14B1.63B2.13B
Gross Profit481.60M458.38M552.43M429.53M663.15M881.96M
EBITDA140.42M111.41M193.41M122.93M293.06M463.57M
Net Income73.91M30.59M111.89M28.86M152.36M328.98M
Balance Sheet
Total Assets2.18B1.99B2.07B1.88B1.89B2.17B
Cash, Cash Equivalents and Short-Term Investments652.91M628.14M597.41M541.57M306.31M839.52M
Total Debt14.38M21.22M69.64M21.31M19.98M28.41M
Total Liabilities362.45M233.48M302.58M235.13M239.45M524.74M
Stockholders Equity1.81B1.75B1.77B1.64B1.65B1.65B
Cash Flow
Free Cash Flow27.54M145.79M22.01M275.70M-340.94M276.40M
Operating Cash Flow61.13M181.48M65.52M317.90M-198.71M399.56M
Investing Cash Flow-47.34M-39.86M-53.66M-44.64M-95.86M-186.97M
Financing Cash Flow-83.31M-118.93M10.35M-63.99M-188.01M-41.77M

Leadtrend Technology Corporation Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:3588 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:7704TW:770476OutperformTWD 2.77B21.50―2.20%5.79%118.14%
TW:4951TW:495173OutperformTWD 2.53B12.05―5.99%3.87%39.70%
TW:6799TW:679968NeutralTWD 2.93B14.43―3.55%5.45%64.05%
TW:6233TW:623356NeutralTWD 2.74B68.37―2.13%2.62%―
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:3588TW:358851NeutralTWD 2.73B36.82―1.13%20.36%223.74%
TW:3041TW:304131UnderperformTWD 2.99B-6.76――3.96%-48.99%

* General Sector Average

Performance Comparison

0%50%100%TW:3588TW:3041TW:4951TW:6233TW:6799TW:7704Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:3588 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:3588Leadtrend Technology Corporation44.30-5.53-11.10%
TW:3041ALi Corporation20.00-7.20-26.47%
TW:4951Feature Integration Technology Inc.75.108.7913.26%
TW:6233Prolific Technology Inc.35.2515.5578.97%
TW:6799M3 Technology Inc70.50-7.22-9.29%
TW:7704Finesse Technology Co. Ltd.81.9038.0586.78%
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