Cayenne Entertainment Technology Co., Ltd. AI Stock Analysis
Cayenne Entertainment Technology Co., Ltd. (4946) AI Stock Analysis
Cayenne Entertainment Technology Co., Ltd.
(TPEx:4946)
The overall score of 60 reflects a company with a dramatically improved financial foundation offset by significant market skepticism. The primary strength is the exceptional financial turnaround in 2025, marked by a return to profitability, robust cash flow generation, and a much healthier balance sheet. However, this is heavily counterbalanced by a bearish technical trend, with the stock trading well below key moving averages and exhibiting weak momentum. The high P/E ratio further adds risk, as it leaves little room for error if the company's recovery proves unsustainable. The key question for investors is whether the strong fundamentals can eventually overcome the current negative market sentiment.
Cayenne Entertainment Technology Co., Ltd. (4946) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 787.90M
- Dividend Yield
- ―
- Average Volume (3M)
- 43.39K
- Price to Earnings (P/E)
- 38.6
- Beta (1Y)
- 0.45
- Revenue Growth
- 20.90%
- EPS Growth
- ―
- Country
- TW
- Employees
- 150
- Sector
- General
- Sector Strength
- 55
- Industry
- Electronic Gaming & Multimedia
Cayenne Entertainment Technology Co., Ltd. Business Overview & Revenue Model
Company Description
Cayenne Entertainment Technology Co., Ltd. specializes in providing a wide variety of casual gaming options to the digital entertainment audience throughout Taiwan. Beyond its core gaming business, the company also supplies information software and f...
Cayenne Entertainment Technology Co., Ltd. Financial Statement Overview
Summary
Cayenne Entertainment has staged a remarkable financial turnaround in 2025, swinging to a net profit with revenue surging over 16%. Gross margins recovered to a healthy 38.8%, and cash flow generation is robust, with free cash flow covering over 80% of net income. The balance sheet has been de-risked with a low debt-to-equity ratio of 0.40. The primary risk is the company's volatile earnings history, making the sustainability of this performance a key question.
Income Statement
78PositiveBalance Sheet
72PositiveCash Flow
85Very Positive| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 302.67M | 354.76M | 40.03M | 29.73M | 114.08M | 41.59M |
| Gross Profit | 106.53M | 137.65M | -2.20M | -25.41M | 34.53M | 7.88M |
| EBITDA | -6.96M | 37.69M | -69.75M | -81.21M | -74.24M | 36.71M |
| Net Income | 20.23M | 24.51M | -77.44M | -84.92M | -113.13M | 24.48M |
Balance Sheet | ||||||
| Total Assets | 299.45M | 154.28M | 120.96M | 155.11M | 171.41M | 240.34M |
| Cash, Cash Equivalents and Short-Term Investments | 191.92M | 89.53M | 61.25M | 80.47M | 83.20M | 121.77M |
| Total Debt | 21.41M | 25.50M | 44.86M | 66.71M | 76.56M | 51.42M |
| Total Liabilities | 126.58M | 90.10M | 79.05M | 101.83M | 124.57M | 121.42M |
| Stockholders Equity | 172.66M | 64.14M | 42.71M | 54.27M | 47.83M | 118.92M |
Cash Flow | ||||||
| Free Cash Flow | -10.84M | 49.96M | -72.88M | -93.93M | -61.95M | -14.17M |
| Operating Cash Flow | -590.00K | 61.99M | -66.77M | -94.41M | -55.51M | 19.48M |
| Investing Cash Flow | 10.28M | -7.12M | 7.44M | -8.19M | -2.96M | 14.00M |
| Financing Cash Flow | 60.75M | -27.34M | 39.66M | 89.56M | 44.03M | -3.77M |
Cayenne Entertainment Technology Co., Ltd. Peers Comparison
Overall Rating
TW:648273Outperform- TW:494660Neutral
TW:845040Underperform
TW:480636Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6482 | 73Outperform | TWD 665.30M | 15.55 | ― | 8.81% | -30.59% | -48.40% |
| TW:4946 | 60Neutral | TWD 787.90M | 38.60 | ― | ― | 20.90% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8450 | 40Underperform | TWD 736.30M | -4.58 | ― | ― | 25.50% | 22.27% |
| TW:4806 | 36Underperform | TWD 776.16M | -29.35 | ― | ― | 102.99% | -54.69% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4946 | Cayenne Entertainment Technology Co., Ltd. | 88.00 | -21.00 | -19.27% | |
| TW:4806 | Kuei Tien Cultural & Creative Entertainment | 11.10 | -8.63 | -43.73% | |
| TW:6482 | Fun Yours Technology Co., Ltd. | 22.70 | -13.38 | -37.08% | |
| TW:6650 | Art Emperor Co., Ltd. | 24.00 | -14.03 | -36.89% | |
| TW:6908 | Acer Gaming, Inc. | 22.60 | -40.31 | -64.07% | |
| TW:8450 | Pili International Multimedia Co., Ltd. | 14.10 | -3.00 | -17.54% |
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