Cherng Tay Technology Co., Ltd. AI Stock Analysis
Cherng Tay Technology Co., Ltd. (4767) AI Stock Analysis
Cherng Tay Technology Co., Ltd.
(TPEx:4767)
Cherng Tay Technology scores in the middle of the range. The dominant factor is its financial profile: a very conservative balance sheet and excellent cash conversion (NT$151 million free cash flow) are offset by a fourth consecutive year of revenue decline, a ~56% drop in net income and return on equity of just 4.2%. Valuation provides support, with a P/E near 10.9, a 3.9% dividend yield and low volatility, making it a defensive income candidate. Technically the stock holds above its longer-term moving averages but is consolidating near the short-term averages with neutral momentum. A stabilization in sales and margins would be the key catalyst for a higher score.
Cherng Tay Technology Co., Ltd. (4767) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 865.48M
- Dividend Yield
- 3.91%
- Average Volume (3M)
- 22.46K
- Price to Earnings (P/E)
- 10.9
- Beta (1Y)
- 0.16
- Revenue Growth
- -16.00%
- EPS Growth
- 59.32%
- Country
- TW
- Employees
- 176
- Sector
- General
- Sector Strength
- 55
- Industry
- Chemicals - Specialty
Cherng Tay Technology Co., Ltd. Business Overview & Revenue Model
Company Description
Cherng Tay Technology Co., Ltd. specializes in the production and global distribution of various adhesive solutions. Its offerings encompass hot melt adhesives, tailored for uses such as packaging, bookbinding, general assembly, and footwear manufact...
Cherng Tay Technology Co., Ltd. Financial Statement Overview
Summary
A mixed profile: the balance sheet is conservative (debt-to-equity of 0.21, equity funding ~71% of assets) and cash generation is strong, with NT$151 million of free cash flow on minimal capex — roughly four times net income. The drag is the income statement, where revenue has declined four consecutive years to about NT$986 million, operating income nearly halved, net income fell ~56%, and net margin compressed to 4.0% with return on equity down to 4.2%. Financial risk is low, but earnings momentum is clearly weak.
Income Statement
42NeutralBalance Sheet
76PositiveCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 929.90M | 985.76M | 1.19B | 1.24B | 1.41B | 1.26B |
| Gross Profit | 245.76M | 221.88M | 288.74M | 288.83M | 282.55M | 305.35M |
| EBITDA | 97.61M | 60.47M | 128.85M | 117.63M | 106.23M | 131.21M |
| Net Income | 80.60M | 38.97M | 88.61M | 81.08M | 67.87M | 89.37M |
Balance Sheet | ||||||
| Total Assets | 1.37B | 1.31B | 1.42B | 1.43B | 1.40B | 1.38B |
| Cash, Cash Equivalents and Short-Term Investments | 588.29M | 600.46M | 524.22M | 479.41M | 313.11M | 362.98M |
| Total Debt | 195.57M | 192.23M | 204.30M | 263.93M | 265.65M | 241.97M |
| Total Liabilities | 398.20M | 376.12M | 466.19M | 528.33M | 529.77M | 538.36M |
| Stockholders Equity | 975.40M | 935.80M | 957.65M | 897.34M | 867.12M | 839.08M |
Cash Flow | ||||||
| Free Cash Flow | 88.22M | 150.68M | 143.53M | 218.88M | -26.80M | 94.67M |
| Operating Cash Flow | 89.47M | 153.26M | 161.63M | 232.60M | -18.37M | 99.75M |
| Investing Cash Flow | 16.37M | -129.01M | -71.40M | -91.25M | 36.52M | -15.64M |
| Financing Cash Flow | -88.75M | -68.60M | -114.05M | -42.57M | -38.77M | -75.53M |
Cherng Tay Technology Co., Ltd. Peers Comparison
Overall Rating
- TW:476764Neutral
TW:290460Neutral
TW:471149Neutral
TW:410244Neutral
TW:132443Neutral
TW:548843Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:4767 | 64Neutral | TWD 890.62M | 10.92 | ― | 3.91% | -16.00% | 59.32% |
| TW:2904 | 60Neutral | TWD 988.50M | 24.87 | ― | 5.56% | -14.80% | -60.95% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4711 | 49Neutral | TWD 973.84M | 17.31 | ― | 3.16% | 12.14% | 365.99% |
| TW:4102 | 44Neutral | TWD 741.54M | -905.61 | ― | 6.57% | 7.67% | 86.29% |
| TW:1324 | 43Neutral | TWD 709.90M | -21.55 | ― | 2.12% | -12.03% | 25.26% |
| TW:5488 | 43Neutral | TWD 989.13M | -300.57 | ― | 0.57% | 10.71% | -129.15% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4767 | Cherng Tay Technology Co., Ltd. | 28.10 | 1.32 | 4.92% | |
| TW:1324 | Globe Industries Corp. Ltd. | 9.27 | -1.38 | -12.96% | |
| TW:2904 | Prime Oil Chemical Service Corporation | 12.60 | -3.48 | -21.63% | |
| TW:4102 | Yung Zip Chemical Ind. Co., Ltd. | 17.50 | -5.00 | -22.22% | |
| TW:4711 | Yong Shun Chemical Co.,Ltd | 15.80 | 1.18 | 8.10% | |
| TW:5488 | Sunf Pu Technology Co. Ltd. | 10.55 | 0.99 | 10.36% |
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