FIT Holding Co., Ltd. AI Stock Analysis
FIT Holding Co., Ltd. (3712) AI Stock Analysis
FIT Holding Co., Ltd.
(TWSE:3712)
The score is driven primarily by a badly deteriorated financial position: a negative gross margin, a large net loss, debt-to-equity above 14x, a razor-thin equity cushion and persistent, accelerating cash burn create genuine solvency and refinancing risk. Technicals reinforce the caution, with the share price below all major moving averages and negative MACD, though extremely oversold RSI and Stochastic readings leave room for a short-lived bounce. Valuation offers little support, as the negative P/E reflects losses and the headline high dividend yield looks unsustainable given the cash flow profile. Revenue scale and a demonstrated ability to earn profits as recently as 2024 are the main offsets, but a swift margin recovery and deleveraging would be needed to stabilize the story.
FIT Holding Co., Ltd. (3712) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.12B
- Dividend Yield
- 17.70%
- Average Volume (3M)
- 766.82K
- Price to Earnings (P/E)
- -1.3
- Beta (1Y)
- 0.84
- Revenue Growth
- -17.79%
- EPS Growth
- -192.55%
- Country
- TW
- Employees
- 3,456
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
FIT Holding Co., Ltd. Business Overview & Revenue Model
Company Description
Operating globally, with a significant presence in markets such as Hong Kong, China, the United States, and Taiwan, FIT Holding Co., Ltd. and its associated entities are involved in the optoelectronics, communications, and digital imaging industries....
FIT Holding Co., Ltd. Financial Statement Overview
Summary
The financial profile is severely impaired. Despite revenue quadrupling since 2020 to roughly NT$32.8 billion, the latest year swung to a negative gross margin of about -48%, an operating loss near NT$17.6 billion and a net loss of roughly NT$5.6 billion. The balance sheet is equally stressed: total debt has ballooned to about NT$47.5 billion while equity collapsed to NT$3.3 billion, pushing debt-to-equity to an alarming 14.3x and ROE to roughly -170%. Cash flow is the weakest link, with operating cash flow negative in five of the last six years and free cash flow burn accelerating to nearly -NT$14.8 billion, leaving the company dependent on debt markets. Another loss year of similar size could wipe out book value entirely.
Income Statement
16Very NegativeBalance Sheet
14Very NegativeCash Flow
10Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.86B | 32.82B | 26.90B | 17.42B | 12.07B | 11.24B |
| Gross Profit | -9.63B | -15.69B | 3.63B | 2.28B | 1.81B | 1.82B |
| EBITDA | -9.84B | -16.73B | 3.10B | 1.76B | 1.39B | 1.38B |
| Net Income | -3.29B | -5.63B | 1.12B | 567.92M | 529.59M | 626.23M |
Balance Sheet | ||||||
| Total Assets | 54.07B | 61.89B | 66.94B | 44.29B | 32.39B | 24.54B |
| Cash, Cash Equivalents and Short-Term Investments | 8.16B | 14.05B | 15.60B | 9.81B | 8.64B | 7.07B |
| Total Debt | 38.24B | 47.52B | 40.41B | 22.98B | 14.52B | 8.08B |
| Total Liabilities | 49.68B | 57.99B | 46.98B | 27.58B | 17.68B | 12.55B |
| Stockholders Equity | 4.37B | 3.32B | 10.87B | 8.52B | 7.88B | 7.58B |
Cash Flow | ||||||
| Free Cash Flow | 1.79B | -14.84B | -8.79B | -6.06B | -4.29B | -3.61B |
| Operating Cash Flow | 5.05B | -5.86B | -2.65B | -5.16B | -2.35B | -3.18B |
| Investing Cash Flow | 2.81B | -5.93B | -12.23B | -1.75B | -5.58B | 3.08B |
| Financing Cash Flow | -12.16B | 11.63B | 15.78B | 8.17B | 8.61B | -69.45M |
FIT Holding Co., Ltd. Peers Comparison
Overall Rating
TW:620370Outperform
TW:350159Neutral
TW:494259Neutral
TW:610844.5Neutral
TW:674342Neutral- TW:371224Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6203 | 70Outperform | TWD 4.14B | 7.47 | ― | 8.06% | 3.95% | 341.92% |
| TW:3501 | 59Neutral | TWD 4.09B | 20.14 | ― | 5.74% | -5.37% | -59.67% |
| TW:4942 | 59Neutral | TWD 4.27B | 10.09 | ― | 6.73% | 2.44% | 13.09% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6108 | 45Neutral | TWD 5.02B | 198.38 | ― | 2.80% | 22.89% | ― |
| TW:6743 | 42Neutral | TWD 4.13B | 27.34 | ― | 9.93% | -11.91% | -10.04% |
| TW:3712 | 24Underperform | TWD 4.17B | -1.26 | ― | 17.70% | -17.79% | -192.55% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3712 | FIT Holding Co., Ltd. | 16.90 | -16.55 | -49.48% | |
| TW:3501 | Well Shin Technology Co., Ltd. | 34.85 | -11.55 | -24.90% | |
| TW:4942 | Chia Chang Co., Ltd | 29.70 | -8.50 | -22.24% | |
| TW:6108 | APCB Inc. | 35.75 | 22.64 | 172.65% | |
| TW:6203 | Sea Sonic Electronics Co., Ltd. | 49.60 | -24.11 | -32.71% | |
| TW:6743 | Ampacs Corporation | 30.20 | 3.26 | 12.11% |
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