Luxnet Corporation AI Stock Analysis
Luxnet Corporation (4979) AI Stock Analysis
Luxnet Corporation
(TPEx:4979)
Luxnet earns a moderate score. Its financial profile is the key strength: explosive multi-year revenue growth, expanding margins, a 19.2% ROE and a conservatively financed balance sheet with very low leverage. Offsetting this, cash conversion has deteriorated as working capital and capacity investment absorb cash, with free cash flow down more than half. The bigger near-term drag is technical — the stock trades well below all major moving averages with sharply negative MACD, signalling a persistent downtrend despite deeply oversold readings. A rich 56.7x P/E and a thin 0.68% dividend yield provide little valuation support, and a beta above 2 means outsized swings in either direction.
Luxnet Corporation (4979) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 55.26B
- Dividend Yield
- 0.54%
- Average Volume (3M)
- 7.28M
- Price to Earnings (P/E)
- 58.5
- Beta (1Y)
- 2.09
- Revenue Growth
- 23.09%
- EPS Growth
- 43.10%
- Country
- TW
- Employees
- 634
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Luxnet Corporation Business Overview & Revenue Model
Company Description
Founded in 1999 and based in Taoyuan City, Taiwan, LuxNet Corporation, alongside its affiliated companies, specializes in the development, manufacturing, and sale of both electrical and optical components for communication systems across Taiwan. The...
Luxnet Corporation Financial Statement Overview
Summary
Luxnet's fundamentals are strong and improving. Revenue has more than quintupled since 2021 to NT$4.38 billion (+27% year-over-year), and net income reached NT$764 million (+43%), with operating margin at 16.8% and gross margin expanding to 21.0%. The balance sheet is a standout: equity funds roughly 75% of assets, debt-to-equity fell to 0.18, and ROE improved to 19.2%. The weak link is cash conversion — operating cash flow fell to NT$681 million despite higher profits (covering only 89% of net income versus 144% prior year), and heavy capex cut free cash flow about 55% to NT$235 million. Gross margin also remains below the 30% 2022 peak, and net income exceeding operating profit points to non-recurring non-operating gains.
Income Statement
83Very PositiveBalance Sheet
84Very PositiveCash Flow
64Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.71B | 4.38B | 3.45B | 2.96B | 1.32B | 866.02M |
| Gross Profit | 1.08B | 920.64M | 631.79M | 573.75M | 396.79M | -17.38M |
| EBITDA | 989.31M | 807.65M | 617.49M | 542.51M | 389.06M | -136.75M |
| Net Income | 870.09M | 764.25M | 533.25M | 442.39M | 270.80M | -284.96M |
Balance Sheet | ||||||
| Total Assets | 6.27B | 5.33B | 4.75B | 3.52B | 2.07B | 1.95B |
| Cash, Cash Equivalents and Short-Term Investments | 3.49B | 3.14B | 3.13B | 1.83B | 483.83M | 368.73M |
| Total Debt | 426.64M | 724.51M | 743.09M | 0 | 272.82M | 408.15M |
| Total Liabilities | 1.82B | 1.35B | 1.35B | 484.09M | 655.53M | 612.48M |
| Stockholders Equity | 4.45B | 3.98B | 3.40B | 3.04B | 1.42B | 1.34B |
Cash Flow | ||||||
| Free Cash Flow | 544.98M | 234.56M | 675.30M | 450.46M | 248.09M | -49.88M |
| Operating Cash Flow | 939.75M | 681.29M | 766.50M | 502.40M | 256.04M | -27.45M |
| Investing Cash Flow | -844.48M | -1.05B | -93.80M | -55.04M | -5.85M | -1.19M |
| Financing Cash Flow | -217.61M | -217.53M | 622.77M | 901.07M | -135.09M | 105.05M |
Luxnet Corporation Peers Comparison
Overall Rating
TW:245562Neutral- TW:497961Neutral
TW:345059Neutral
TW:499154Neutral
TW:316349Neutral
TW:336346Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2455 | 62Neutral | TWD 69.09B | 75.99 | ― | 0.68% | 34.47% | 92.24% |
| TW:4979 | 61Neutral | TWD 54.47B | 58.49 | ― | 0.54% | 23.09% | 43.10% |
| TW:3450 | 59Neutral | TWD 53.83B | 77.13 | ― | 0.27% | -1.56% | -16.64% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4991 | 54Neutral | TWD 42.26B | 81.53 | ― | ― | 52.19% | ― |
| TW:3163 | 49Neutral | TWD 45.09B | 59.78 | ― | 0.36% | 21.59% | 66.00% |
| TW:3363 | 46Neutral | TWD 46.71B | -351.26 | ― | ― | -3.20% | -2090.12% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:4979 | Luxnet Corporation | 396.00 | 192.05 | 94.17% | |
| TW:2455 | Visual Photonics Epitaxy Co., Ltd. | 384.50 | 229.06 | 147.36% | |
| TW:3163 | Browave Corporation | 481.00 | 283.59 | 143.66% | |
| TW:3363 | FOCI Fiber Optic Communications, Inc. | 410.00 | 50.79 | 14.14% | |
| TW:3450 | Elite Advanced Laser Corporation | 372.00 | 121.50 | 48.50% | |
| TW:4991 | GCS Holdings, Inc. | 357.00 | 191.17 | 115.28% |
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