Gravitytai Co. Ltd. (3629) AI Stock Analysis

Gravitytai Co. Ltd.

(TPEx:3629)

Select Model

Rating:37Underperform

Price Target:TWD 12.50▲(2.88% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score is at the minimum of 37, reflecting a company in severe financial distress. The most significant factors are the massive cash burn and deep operating losses, which present a going-concern risk. The only relative strength, a low-debt balance sheet, is being rapidly eroded. This is compounded by a bearish technical trend and a negative P/E ratio, offering no support from valuation or market momentum.

Positive Factors

Low LeverageLow leverage limits balance-sheet strain from borrowing and preserves financial flexibility. Compared with a highly indebted structure, this gives the company more room to manage volatility, support operations, and pursue recovery without an excessive interest burden.

Negative Factors

Persistent Net LossesContinuing net losses weaken the company’s ability to build equity and fund expansion internally. They also make the earnings profile difficult to stabilize, increasing dependence on operational improvement and potentially limiting the resources available for sustained investment.

Gravitytai Co. Ltd. (3629) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 400.40M
Dividend Yield: ―
Average Volume (3M): 7,645
Price to Earnings (P/E): -34.9
Beta (1Y): -0.00
Revenue Growth: 41160.23%
EPS Growth: 62.41%
Country: TW
Employees: 49
Sector: General
Sector Strength: 55
Industry: Advertising Agencies

Gravitytai Co. Ltd. Business Overview & Revenue Model

Company Description

Gravitytai Co.,Ltd., established in 2001 and headquartered in Taipei, Taiwan, specializes in the production and distribution of foundational materials crucial for touch panel manufacturing throughout Taiwan. Additionally, the company supplies Indium...

Gravitytai Co. Ltd. Financial Statement Overview

Summary

Financial performance is critically weak. The income statement shows massive operating losses (EBIT margin -197.5%) and a net profit margin of -141.3%, despite a TTM revenue surge. The cash flow statement is dire, with deeply negative operating and free cash flow, indicating a severe cash burn. The only mitigating factor is a low-debt balance sheet, but it is deteriorating rapidly with a -42.4% return on equity.

Income Statement

8Very Negative

Balance Sheet

55Neutral

Cash Flow

5Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	36.31M	15.20M	61.00K	22.91M	51.93M	342.96M
Gross Profit	9.69M	3.42M	42.00K	10.16M	5.77M	75.74M
EBITDA	-19.61M	-26.84M	-24.23M	-55.35M	-131.34M	-51.87M
Net Income	-11.87M	-21.49M	-34.45M	-75.70M	-155.64M	-160.32M
Balance Sheet
Total Assets	55.63M	66.52M	82.85M	126.20M	258.70M	412.73M
Cash, Cash Equivalents and Short-Term Investments	38.77M	35.47M	72.30M	107.34M	168.16M	257.90M
Total Debt	3.94M	4.94M	6.00M	7.40M	25.89M	40.79M
Total Liabilities	12.49M	15.87M	10.42M	21.73M	66.06M	114.47M
Stockholders Equity	43.13M	50.65M	72.43M	104.47M	178.52M	286.15M
Cash Flow
Free Cash Flow	-14.02M	-34.71M	-35.00M	-74.69M	-85.85M	2.00M
Operating Cash Flow	-11.92M	-32.60M	-34.34M	-71.44M	-72.19M	48.91M
Investing Cash Flow	1.62M	7.65M	-8.58M	16.90M	-14.13M	-42.57M
Financing Cash Flow	-1.96M	-1.75M	-4.39M	-11.27M	-10.74M	-18.26M

Gravitytai Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3629 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:7584	47Neutral	TWD 579.89M	-9.26	―	0.12%	-19.47%	-228.02%
TW:3629	37Underperform	TWD 411.93M	-34.86	―	―	41160.23%	62.41%
TW:6169	30Underperform	TWD 264.36M	-5.27	―	―	-87.79%	-5.20%

* General Sector Average

Performance Comparison

TW:3629 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3629	Gravitytai Co. Ltd.	12.15	-12.55	-50.81%
TW:6169	InterServ International, Inc.	11.80	-7.85	-39.95%
TW:6428	Taiwan Taomee Co., Ltd.	26.50	14.60	122.69%
TW:6868	Iscom Online International Information Inc.	23.45	-4.55	-16.25%
TW:7584	Happytuk Co., Ltd.	34.00	-7.50	-18.08%
TW:8458	1 Production Film Co.	8.42	-12.58	-59.90%

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

Gravitytai Co. Ltd. AI Stock Analysis