ACON Holding Inc. (3710) AI Stock Analysis

ACON Holding Inc.

(TPEx:3710)

Select Model

Rating:39Underperform

Price Target:TWD 7.00▼(-4.37% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by severe financial weakness, including persistent losses, high leverage, and negative free cash flow. Weak price trends and a negative P/E provide additional downside signals; oversold momentum indicators offer only limited offset.

Positive Factors

Gross Margin StabilityRelatively stable gross margins indicate the company has retained a consistent level of value capture despite volatile revenue and operating results. This provides a foundation for future earnings improvement if management can restore revenue growth and improve cost control.

Negative Factors

Persistent Net LossesPersistent net losses show that the company has not yet established durable earnings power. The further 2025 margin deterioration increases the challenge of funding operations and reinvestment internally, while ongoing losses reduce financial resilience and shareholder value creation.

ACON Holding Inc. (3710) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.29B
Dividend Yield: ―
Average Volume (3M): 171.09K
Price to Earnings (P/E): -1.5
Beta (1Y): 0.56
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

The underlying income statement, balance sheet, and cash flow scores average 24.3, but the requested score range floors this component at 37. Persistent losses, declining margins, rising leverage, shrinking equity, and negative free cash flow indicate severe financial weakness.

Income Statement

24Negative

Balance Sheet

27Negative

Cash Flow

22Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3710 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3684	68Neutral	TWD 1.56B	14.55	―	5.39%	4.37%	-2.96%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6118	43Neutral	TWD 1.32B	32.46	―	―	9.38%	-10.15%
TW:3520	41Neutral	TWD 1.39B	-127.54	―	0.60%	4.44%	-32.75%
TW:3710	39Underperform	TWD 1.35B	-1.51	―	―	-1.88%	-7106.53%
TW:3511	38Underperform	TWD 1.33B	-18.91	―	―	-6.72%	-11.85%
TW:3419	28Underperform	TWD 1.22B	-6.17	―	―	2.16%	-0.50%

* General Sector Average

Performance Comparison

TW:3710 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3710	ACON Holding Inc.	7.32	-4.97	-40.46%
TW:3419	Wha Yu Industrial Co., Ltd.	10.00	-3.20	-24.24%
TW:3511	Simula Technology, Inc.	16.60	-3.30	-16.58%
TW:3520	Jhen Vei Electronic Co., Ltd.	16.20	-1.80	-10.00%
TW:3684	Grand-Tek Technology Co., Ltd.	51.50	-0.09	-0.17%
TW:6118	Xander International Corp.	14.50	-5.30	-26.77%

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

ACON Holding Inc. AI Stock Analysis