ACON Holding Inc. AI Stock Analysis
ACON Holding Inc. (3710) AI Stock Analysis
ACON Holding Inc.
(TPEx:3710)
The score is dominated by weak fundamentals: six consecutive unprofitable years, a widening net loss, compressing margins, debt at 2.86x a shrinking equity base and free cash flow turning sharply negative on elevated capex. Technicals reinforce the caution, with the price below all key moving averages and negative MACD, though oversold RSI and Stochastic readings suggest scope for a near-term bounce. Valuation provides no cushion given negative earnings and no dividend. A turnaround would require renewed revenue growth, better gross margins and reduced capital spending to rebuild equity. Note: the score is floored at the platform minimum of 37.
ACON Holding Inc. (3710) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.30B
- Dividend Yield
- ―
- Average Volume (3M)
- 173.12K
- Price to Earnings (P/E)
- -1.6
- Beta (1Y)
- 0.55
- Revenue Growth
- -1.88%
- EPS Growth
- -7106.53%
- Country
- TW
- Employees
- 2,935
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
ACON Holding Inc. Business Overview & Revenue Model
Company Description
ACON Holding Inc., a company established in 2017 and headquartered in New Taipei City, Taiwan, specializes in the development, production, and marketing of electronic components. These components are primarily utilized across various sectors, includi...
ACON Holding Inc. Financial Statement Overview
Summary
All three statements point to elevated risk. ACON has not turned an annual profit in six years, revenue slipped to roughly NT$6.95 billion, gross margin compressed to 19.5% and the net loss widened to about NT$424 million (-6.1% margin). Leverage is the bigger concern: debt of NT$3.76 billion against just NT$1.31 billion of equity (2.86x debt-to-equity, equity only 17% of assets) with ROE at -32%. Cash flow also weakened, with operating cash flow falling to NT$176 million and free cash flow swinging to negative NT$468 million on heavy capital spending. The limited offsets are positive operating cash flow and positive cash earnings before depreciation, indicating depreciation drives much of the accounting loss.
Income Statement
22NegativeBalance Sheet
29NegativeCash Flow
25Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.29B | 6.95B | 7.33B | 6.10B | 6.40B | 7.32B |
| Gross Profit | 1.34B | 1.36B | 1.56B | 1.06B | 1.21B | 1.13B |
| EBITDA | -56.48M | 472.00M | 857.19M | 623.66M | 685.74M | 462.83M |
| Net Income | -848.74M | -423.76M | -138.76M | -223.65M | -348.67M | -526.73M |
Balance Sheet | ||||||
| Total Assets | 8.37B | 7.91B | 8.11B | 7.81B | 8.00B | 8.64B |
| Cash, Cash Equivalents and Short-Term Investments | 700.34M | 847.99M | 1.17B | 1.18B | 1.17B | 952.85M |
| Total Debt | 3.98B | 3.76B | 3.45B | 3.64B | 3.63B | 3.93B |
| Total Liabilities | 6.90B | 6.19B | 6.00B | 5.78B | 5.67B | 6.80B |
| Stockholders Equity | 1.04B | 1.31B | 1.71B | 1.73B | 2.04B | 1.57B |
Cash Flow | ||||||
| Free Cash Flow | -783.86M | -468.33M | 257.70M | 326.13M | -331.13M | 81.43M |
| Operating Cash Flow | -203.86M | 175.98M | 528.99M | 587.62M | 66.47M | 539.38M |
| Investing Cash Flow | -678.24M | -370.45M | -398.59M | -337.56M | -154.76M | -508.23M |
| Financing Cash Flow | 353.52M | 186.04M | -358.33M | -278.23M | 456.95M | 7.88M |
ACON Holding Inc. Peers Comparison
Overall Rating
TW:368468Neutral
TW:611843Neutral
TW:352041Neutral
TW:351138Underperform- TW:371030Underperform
TW:341928Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3684 | 68Neutral | TWD 1.56B | 14.69 | ― | 5.38% | 4.37% | -2.96% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6118 | 43Neutral | TWD 1.32B | 87.65 | ― | ― | 9.38% | -10.15% |
| TW:3520 | 41Neutral | TWD 1.39B | -127.93 | ― | 0.60% | 4.44% | -32.75% |
| TW:3511 | 38Underperform | TWD 1.33B | -18.96 | ― | ― | -6.72% | -11.85% |
| TW:3710 | 30Underperform | TWD 1.35B | -1.57 | ― | ― | -1.88% | -7106.53% |
| TW:3419 | 28Underperform | TWD 1.22B | -6.23 | ― | ― | 2.16% | -0.50% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3710 | ACON Holding Inc. | 7.65 | -5.49 | -41.77% | |
| TW:3419 | Wha Yu Industrial Co., Ltd. | 10.10 | -3.20 | -24.06% | |
| TW:3511 | Simula Technology, Inc. | 16.65 | -3.60 | -17.78% | |
| TW:3520 | Jhen Vei Electronic Co., Ltd. | 16.55 | -1.90 | -10.30% | |
| TW:3684 | Grand-Tek Technology Co., Ltd. | 51.60 | -3.23 | -5.90% | |
| TW:6118 | Xander International Corp. | 14.55 | -5.85 | -28.68% |
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