Asia Tech Image Inc. AI Stock Analysis
Asia Tech Image Inc. (4974) AI Stock Analysis
Asia Tech Image Inc.
(TPEx:4974)
Asia Tech Image scores moderately. Its greatest strengths are an exceptionally conservative balance sheet — essentially debt-free with equity funding about 80% of assets — and an appealing valuation combining a 13.1x P/E with a 6.3% dividend yield supported by strong free cash flow conversion. These are offset by a clear cyclical setback: revenue down 10%, net income down 29%, margin compression across all levels, and operating cash flow more than halving. Technicals add further caution, with the share price trading below all major moving averages and negative MACD momentum. The overall profile is a financially safe, income-oriented holding currently lacking growth and price momentum, where stabilizing orders and margins would be the key catalysts for improvement.
Asia Tech Image Inc. (4974) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.53B
- Dividend Yield
- 6.22%
- Average Volume (3M)
- 119.77K
- Price to Earnings (P/E)
- 12.7
- Beta (1Y)
- 0.62
- Revenue Growth
- -18.51%
- EPS Growth
- -25.78%
- Country
- TW
- Employees
- 45
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Asia Tech Image Inc. Business Overview & Revenue Model
Company Description
Asia Tech Image Inc., established in 2004 and headquartered in New Taipei City, Taiwan, is a company that produces and markets contact image sensor (CIS) modules. These modules are specifically designed for use in multi-functional business equipment....
Asia Tech Image Inc. Financial Statement Overview
Summary
A pristine balance sheet (score 86) anchors the profile: total debt of just NT$7.6 million against NT$3.29 billion of equity, with equity funding roughly 80% of assets — effectively debt-free with ample internal funding capacity. Cash flow (score 64) remains good quality, with free cash flow at about 90% of net income and minimal capital spending, though operating cash flow more than halved to NT$319 million. The income statement (score 55) is the weak link: revenue fell 10% to NT$3.71 billion, net income dropped 29% to NT$374 million, and gross, operating and net margins all compressed, while return on equity slid to 11.4% from 15.6%. The result is a low-risk, cash-generative business currently in a cyclical downturn with no durable growth trend.
Income Statement
55NeutralBalance Sheet
86Very PositiveCash Flow
64Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.67B | 3.71B | 4.39B | 3.54B | 4.29B | 4.19B |
| Gross Profit | 516.22M | 588.43M | 707.98M | 577.27M | 762.39M | 707.96M |
| EBITDA | 493.50M | 556.22M | 754.29M | 609.27M | 860.68M | 612.46M |
| Net Income | 354.02M | 374.37M | 528.43M | 408.85M | 578.73M | 425.48M |
Balance Sheet | ||||||
| Total Assets | 4.80B | 4.12B | 4.63B | 3.88B | 4.13B | 3.80B |
| Cash, Cash Equivalents and Short-Term Investments | 3.29B | 2.88B | 3.10B | 2.62B | 2.55B | 2.15B |
| Total Debt | 38.28M | 7.56M | 24.10M | 31.59M | 9.69M | 23.13M |
| Total Liabilities | 1.52B | 831.32M | 1.24B | 867.07M | 1.08B | 1.13B |
| Stockholders Equity | 3.28B | 3.29B | 3.39B | 3.01B | 3.05B | 2.67B |
Cash Flow | ||||||
| Free Cash Flow | 474.13M | 286.54M | 649.48M | 527.35M | 601.59M | 174.88M |
| Operating Cash Flow | 466.00M | 319.37M | 683.58M | 549.42M | 619.16M | 396.77M |
| Investing Cash Flow | 8.71M | -32.83M | -34.10M | -22.09M | -17.57M | -221.89M |
| Financing Cash Flow | -411.23M | -410.94M | -320.18M | -438.93M | -325.44M | -267.01M |
Asia Tech Image Inc. Peers Comparison
Overall Rating
- TW:497464Neutral
TW:824963Neutral
TW:335658Neutral
TW:547457Neutral
TW:241743Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:4974 | 64Neutral | TWD 4.55B | 12.74 | ― | 6.22% | -18.51% | -25.78% |
| TW:8249 | 63Neutral | TWD 4.42B | 13.41 | ― | 6.19% | -0.40% | -105.99% |
| TW:3356 | 58Neutral | TWD 4.41B | 4.57 | ― | 9.12% | -1.81% | 529.31% |
| TW:5474 | 57Neutral | TWD 4.98B | 21.83 | ― | 3.14% | 17.43% | -6.13% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2417 | 43Neutral | TWD 4.64B | 24.02 | ― | 0.75% | 9.30% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4974 | Asia Tech Image Inc. | 62.40 | -5.64 | -8.29% | |
| TW:2417 | AVerMedia Technologies, Inc. | 32.80 | -3.96 | -10.76% | |
| TW:3356 | GeoVision, Inc. | 65.50 | 15.47 | 30.93% | |
| TW:5474 | Yuan High-Tech Development Co., Ltd. | 128.00 | -28.68 | -18.30% | |
| TW:6695 | iCatch Technology, Inc. | 49.90 | 3.75 | 8.13% | |
| TW:8249 | Creative Sensor Inc. | 33.75 | -17.01 | -33.51% |
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