CTCI Advanced Systems Inc. AI Stock Analysis
CTCI Advanced Systems Inc. (5209) AI Stock Analysis
CTCI Advanced Systems Inc.
(TPEx:5209)
The score reflects a solid, cash-generative business trading at an inexpensive valuation. Record profitability, expanding margins, a 40.6% return on equity and falling leverage are the principal strengths, reinforced by a low P/E of 10.1 and a 6.69% dividend yield. Technicals are supportive, with the price above all major moving averages and positive MACD momentum that is not yet overbought. Offsetting these positives are a two-year revenue contraction, thin equity relative to total assets, and volatile project-driven cash flows that reduce forward visibility. The absence of earnings call and corporate event data limits further confirmation of the outlook.
CTCI Advanced Systems Inc. (5209) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 6.40B
- Dividend Yield
- 5.94%
- Average Volume (3M)
- 184.61K
- Price to Earnings (P/E)
- 11.4
- Beta (1Y)
- 0.25
- Revenue Growth
- 4.58%
- EPS Growth
- 32.53%
- Country
- TW
- Employees
- 205
- Sector
- General
- Sector Strength
- 55
- Industry
- Information Technology Services
CTCI Advanced Systems Inc. Business Overview & Revenue Model
Company Description
Established in Taipei, Taiwan, in 1987, CTCI Advanced Systems Inc. specializes in delivering comprehensive system integration solutions to a global clientele. The company's expertise spans a wide array of markets, including hydrocarbon, power generat...
CTCI Advanced Systems Inc. Financial Statement Overview
Summary
Earnings quality has improved markedly: gross margin expanded from 7.8% to 12.8% and net margin to 8.6%, driving record net income of NT$459m (+21%) despite a two-year revenue decline to NT$5.34bn. The balance sheet is stronger, with debt-to-equity falling to 0.43 and return on equity of 40.6%, though equity funds only about 24% of assets, leaving a thin cushion. Operating cash flow of NT$809m fully covered profits and total debt with minimal capex, but cash generation has been erratic — negative in both 2022 and 2023 — reflecting lumpy, project-driven working capital swings.
Income Statement
76PositiveBalance Sheet
71PositiveCash Flow
70Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.70B | 5.34B | 6.40B | 6.77B | 3.93B | 3.44B |
| Gross Profit | 704.11M | 685.28M | 571.92M | 530.26M | 394.94M | 248.35M |
| EBITDA | 584.77M | 568.03M | 535.94M | 502.04M | 368.16M | 172.79M |
| Net Income | 520.04M | 459.42M | 378.93M | 350.77M | 242.99M | 273.24M |
Balance Sheet | ||||||
| Total Assets | 4.89B | 4.65B | 5.07B | 4.82B | 3.49B | 3.29B |
| Cash, Cash Equivalents and Short-Term Investments | 2.54B | 2.45B | 2.00B | 1.10B | 1.52B | 1.38B |
| Total Debt | 453.26M | 483.02M | 507.68M | 695.41M | 295.98M | 322.64M |
| Total Liabilities | 3.85B | 3.52B | 4.07B | 3.92B | 2.79B | 2.59B |
| Stockholders Equity | 1.04B | 1.13B | 996.98M | 901.50M | 697.93M | 692.74M |
Cash Flow | ||||||
| Free Cash Flow | 2.35B | 803.40M | 1.38B | -272.31M | -322.07M | 803.75M |
| Operating Cash Flow | 2.36B | 809.05M | 1.39B | -264.90M | -303.79M | 811.03M |
| Investing Cash Flow | 51.52M | 591.00K | -5.33M | 69.39M | 393.25M | -165.02M |
| Financing Cash Flow | -377.69M | -373.24M | -496.92M | 239.52M | -284.63M | -112.59M |
CTCI Advanced Systems Inc. Peers Comparison
Overall Rating
- TW:520976Outperform
TW:245372Outperform
TW:357768Neutral
TW:239756Neutral
TW:621551Neutral
TW:617937Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5209 | 76Outperform | TWD 5.67B | 11.38 | ― | 5.94% | 4.58% | 32.53% |
| TW:2453 | 72Outperform | TWD 5.62B | 18.32 | ― | 4.84% | 5.94% | 4.48% |
| TW:3577 | 68Neutral | TWD 5.37B | 16.44 | ― | 2.38% | 32.35% | 164.06% |
| TW:2397 | 56Neutral | TWD 6.35B | 16.95 | ― | 4.31% | 16.92% | -16.99% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6215 | 51Neutral | TWD 6.49B | 20.70 | ― | 1.26% | 48.31% | 106.93% |
| TW:6179 | 37Underperform | TWD 6.25B | 53.25 | ― | 2.92% | 23.71% | -25.55% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:5209 | CTCI Advanced Systems Inc. | 218.00 | 59.87 | 37.86% | |
| TW:2397 | DFI Inc. | 56.90 | -2.56 | -4.30% | |
| TW:2453 | Syscom Computer Engineering Co., Ltd. | 57.90 | 5.33 | 10.14% | |
| TW:3577 | ICP Das Co., Ltd. | 84.00 | 23.92 | 39.82% | |
| TW:6179 | ATE Energy International Co. Ltd. | 34.30 | 4.66 | 15.72% | |
| TW:6215 | Aurotek Corporation | 79.40 | -30.05 | -27.45% |
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