FIT Holding Co., Ltd. (3712) AI Stock Analysis

FIT Holding Co., Ltd.

(TWSE:3712)

Select Model

Rating:41Neutral

Price Target:TWD 16.00▼(-5.33% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is driven primarily by severe financial deterioration, including negative profitability, persistent cash burn, and sharply higher leverage. Bearish technical positioning and a negative P/E further weigh on the result, while the high dividend yield provides limited support given the underlying financial stress.

Positive Factors

Integrated electronics capabilitiesFIT combines design, manufacturing, and systems integration rather than relying on a single production activity. This broader capability can support customer relationships across consumer, industrial, and communications applications and provides a platform for retaining and expanding global accounts.

Negative Factors

2025 earnings collapseThe 2025 deterioration affects both demand and profitability, with lower revenue accompanied by negative gross profit and deeply negative operating and net margins. This weakens earnings quality, reduces internal funding capacity, and creates a difficult base for recovery over the next several quarters.

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

Severe financial weakness: 2025 revenue declined, margins turned deeply negative, operating and free cash flow remained negative, debt rose to 47.5 billion, and debt-to-equity increased to 14.3 times.

Income Statement

18Very Negative

Balance Sheet

15Very Negative

Cash Flow

10Very Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:3712 against its peers
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	41Neutral	TWD 4.17B	-1.26	―	17.70%	-17.79%	-192.55%

* General Sector Average

Performance Comparison

TW:3712 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:3712	FIT Holding Co., Ltd.	16.90	-13.25	-43.95%
TW:3501	Well Shin Technology Co., Ltd.	34.85	-10.94	-23.89%
TW:4942	Chia Chang Co., Ltd	29.70	-7.46	-20.06%
TW:6108	APCB Inc.	35.75	22.78	175.68%
TW:6203	Sea Sonic Electronics Co., Ltd.	49.60	-28.61	-36.58%
TW:6743	Ampacs Corporation	30.20	4.16	15.98%

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

FIT Holding Co., Ltd. AI Stock Analysis