Taimide Tech, Inc. AI Stock Analysis
Taimide Tech, Inc. (3645) AI Stock Analysis
Taimide Tech, Inc.
(TWSE:3645)
Taimide earns a middling score. Its financial foundation is the main support: a conservatively financed balance sheet after meaningful deleveraging, multi-year-high operating and free cash flow, and a return to profitability following the 2023 loss. However, margins and returns on equity remain subdued, net income declined year over year, and the capital-intensive, cyclical model limits earnings power. The bigger drag is technical: the share price sits far below all major moving averages with a sharply negative MACD, indicating a persistent downtrend, though deeply oversold RSI and Stochastic readings hint at scope for a near-term bounce. Valuation adds little support, with a 21.2x P/E that looks full against falling earnings, only partly offset by a 2.2% dividend yield.
Taimide Tech, Inc. (3645) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 7.69B
- Dividend Yield
- 2.11%
- Average Volume (3M)
- 2.18M
- Price to Earnings (P/E)
- 26.5
- Beta (1Y)
- 1.19
- Revenue Growth
- -4.08%
- EPS Growth
- 94.00%
- Country
- TW
- Employees
- 272
- Sector
- General
- Sector Strength
- 55
- Industry
- Chemicals - Specialty
Taimide Tech, Inc. Business Overview & Revenue Model
Company Description
Taimide Tech. Inc. specializes in the manufacturing and global distribution of polyimide films (PI), serving markets in both Taiwan and mainland China. The company offers a comprehensive portfolio of PI films, which are utilized in a broad spectrum o...
Taimide Tech, Inc. Financial Statement Overview
Summary
Taimide shows a solid, improving financial base. The balance sheet (71) is the standout, with debt cut to NT$1.26 billion and debt-to-equity down to 0.38 while equity funds roughly two-thirds of assets. Cash flow (73) is at a multi-year high, with operating cash flow up 62% to NT$705 million and free cash flow of NT$371 million, comfortably exceeding reported profit — a sign of high-quality, depreciation-supported earnings. The income statement (59) is the weak link: revenue grew about 6% to NT$2.37 billion and the company is profitable again after the 2023 loss, but gross margin slipped to 26.9%, net income fell about 11%, and return on equity is only 6.4% on a capital-intensive asset base. Earnings power remains well below the 2020-2021 peak and the business is clearly cyclical.
Income Statement
59NeutralBalance Sheet
71PositiveCash Flow
73Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.42B | 2.37B | 2.25B | 1.59B | 1.89B | 2.39B |
| Gross Profit | 748.31M | 637.55M | 623.95M | 241.36M | 480.97M | 764.76M |
| EBITDA | 789.31M | 632.68M | 643.09M | 270.44M | 512.97M | 777.17M |
| Net Income | 354.04M | 209.49M | 236.35M | -139.27M | 148.76M | 303.31M |
Balance Sheet | ||||||
| Total Assets | 5.25B | 4.95B | 4.96B | 4.84B | 5.21B | 5.35B |
| Cash, Cash Equivalents and Short-Term Investments | 626.72M | 587.15M | 439.36M | 382.26M | 454.32M | 473.02M |
| Total Debt | 1.21B | 1.26B | 1.58B | 1.75B | 1.89B | 1.89B |
| Total Liabilities | 1.90B | 1.64B | 1.96B | 2.02B | 2.18B | 2.45B |
| Stockholders Equity | 3.34B | 3.30B | 3.00B | 2.81B | 3.01B | 2.90B |
Cash Flow | ||||||
| Free Cash Flow | 382.90M | 371.12M | 265.31M | 143.86M | -10.89M | 207.84M |
| Operating Cash Flow | 864.66M | 705.34M | 435.85M | 326.39M | 354.09M | 566.23M |
| Investing Cash Flow | -483.40M | -309.85M | -160.96M | -198.19M | -356.48M | -348.98M |
| Financing Cash Flow | -521.26M | -247.84M | -218.38M | -216.84M | -20.30M | -159.22M |
Taimide Tech, Inc. Peers Comparison
Overall Rating
TW:315266Neutral- TW:364559Neutral
TW:894252Neutral
TW:370849Neutral
TW:821532Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3152 | 66Neutral | TWD 7.57B | 19.49 | ― | 7.67% | 1.88% | -26.76% |
| TW:3645 | 59Neutral | TWD 7.63B | 26.45 | ― | 2.11% | -4.08% | 94.00% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8942 | 52Neutral | TWD 7.77B | 7.30 | ― | 2.56% | -40.13% | 47.76% |
| TW:3708 | 49Neutral | TWD 8.37B | 2.73 | ― | 6.94% | -79.42% | 2756.52% |
| TW:8215 | 32Underperform | TWD 8.10B | -11.01 | ― | 1.21% | 1.47% | -10391.82% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3645 | Taimide Tech, Inc. | 56.80 | 0.07 | 0.12% | |
| TW:3152 | Advanced Ceramic X Corporation | 193.00 | -0.07 | -0.04% | |
| TW:3708 | Swancor Holding Co., Ltd. | 93.60 | -27.17 | -22.50% | |
| TW:6947 | Techzone Technology Materials Co. Ltd. | 62.80 | -13.60 | -17.80% | |
| TW:8215 | BenQ Materials Corp. | 24.85 | 5.00 | 25.17% | |
| TW:8942 | Xxentria Technology Materials Co.,Ltd | 39.00 | 3.00 | 8.34% |
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