C-Tech United Corp. (3625) AI Stock Analysis

C-Tech United Corp.

(TPEx:3625)

Select Model

Rating:39Underperform

Price Target:TWD 13.00▼(-20.49% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by very weak financial performance, including negative profitability and cash generation, followed by a clearly bearish technical trend. The negative P/E and absence of a provided dividend yield further limit the score, although oversold momentum readings provide a modest technical offset.

Positive Factors

2025 Revenue ReboundThe 2025 revenue rebound indicates that the company retained some ability to recover sales after a significant prior-year contraction. Although profitability remains weak, restoring top-line activity provides a base for operational stabilization if revenue momentum can be sustained.

Negative Factors

Persistent UnprofitabilityPersistent losses and deeply negative operating margins indicate that the business is not currently converting revenue into sustainable earnings. This weak profitability can consume equity, restrict internal funding, and make a durable recovery dependent on substantial operating improvement.

C-Tech United Corp. (3625) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 916.90M
Dividend Yield: ―
Average Volume (3M): 173.36K
Price to Earnings (P/E): -4.5
Beta (1Y): 0.93
Revenue Growth: -2.11%
EPS Growth: -82.53%
Country: TW
Employees: 150
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

C-Tech United Corp. Business Overview & Revenue Model

Company Description

Based in Taiwan, C-Tech United Corp., along with its subsidiary entities, is primarily engaged in the design and manufacturing of lithium battery modules. The company offers a diverse range of lithium battery solutions, including general lithium batt...

C-Tech United Corp. Financial Statement Overview

Summary

Financial performance is very weak: profitability, operating cash flow, and free cash flow are negative, while leverage is elevated. Revenue and losses improved in 2025, but the underlying financial profile remains below the minimum score threshold.

Income Statement

22Negative

Balance Sheet

35Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	410.98M	402.27M	494.55M	1.15B	1.47B	2.18B
Gross Profit	47.68M	46.06M	46.62M	134.49M	174.77M	240.97M
EBITDA	-55.43M	-104.95M	-76.84M	24.77M	-218.96M	12.93M
Net Income	-104.86M	-65.25M	-151.07M	-114.02M	-488.76M	-164.81M
Balance Sheet
Total Assets	1.62B	1.74B	1.68B	2.20B	3.68B	3.68B
Cash, Cash Equivalents and Short-Term Investments	266.24M	322.79M	231.30M	545.26M	307.68M	191.93M
Total Debt	950.86M	1.07B	975.72M	1.12B	1.27B	1.88B
Total Liabilities	1.10B	1.19B	1.08B	1.47B	2.74B	2.58B
Stockholders Equity	519.12M	551.73M	598.78M	729.64M	838.65M	989.77M
Cash Flow
Free Cash Flow	-219.81M	-209.57M	-315.34M	259.24M	-378.29M	-972.87M
Operating Cash Flow	-154.02M	-166.85M	-303.61M	286.60M	-304.71M	-169.52M
Investing Cash Flow	138.38M	90.77M	174.07M	143.43M	-54.29M	-1.04B
Financing Cash Flow	40.45M	109.66M	-155.86M	-171.37M	421.81M	1.13B

C-Tech United Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3625 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3567	57Neutral	TWD 810.74M	22.18	―	4.12%	-0.78%	-10.78%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2424	44Neutral	TWD 709.06M	-7.32	―	―	-12.97%	8.82%
TW:3272	39Underperform	TWD 691.22M	-1.27	―	―	-11.96%	-68.38%
TW:3625	39Underperform	TWD 816.62M	-4.55	―	―	-2.11%	-82.53%
TW:6109	38Underperform	TWD 800.09M	-10.86	―	―	19.88%	48.32%
TW:3043	32Underperform	TWD 715.20M	-10.54	―	―	-16.13%	-785.36%

* General Sector Average

Performance Comparison

TW:3625 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3625	C-Tech United Corp.	16.35	-24.65	-60.12%
TW:2424	Lung Hwa Electronics Co., Ltd.	11.95	-27.85	-69.97%
TW:3043	Powercom Co., Ltd.	18.25	-4.05	-18.16%
TW:3272	Good Way Technology Co., Ltd.	11.00	-9.55	-46.47%
TW:3567	Etrend Hightech Corp.	24.25	-1.55	-6.02%
TW:6109	Atech OEM Inc.	8.96	-3.02	-25.23%

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 10, 2026

C-Tech United Corp. AI Stock Analysis