ADDCN Technology Co., Ltd. AI Stock Analysis
ADDCN Technology Co., Ltd. (5287) AI Stock Analysis
ADDCN Technology Co., Ltd.
(TPEx:5287)
ADDCN scores well overall on the strength of its financial quality and valuation. The business converts revenue into cash at an exceptional rate (FCF of NT$880m on NT$2.32bn revenue), earns ~33% ROE consistently, and carries minimal leverage, while trading at just 8.2x earnings with a well-covered 8.77% dividend yield. The key offsets are weak price action — the stock sits below all major moving averages with negative MACD and deeply depressed momentum readings — and slowing revenue growth of ~2.5%, down from prior double-digit gains, which caps earnings momentum. The result is a fundamentally sound, cash-rich and cheaply valued business currently facing a clear downtrend in its share price.
ADDCN Technology Co., Ltd. (5287) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 7.60B
- Dividend Yield
- 8.70%
- Average Volume (3M)
- 86.97K
- Price to Earnings (P/E)
- 8.2
- Beta (1Y)
- 0.14
- Revenue Growth
- -0.74%
- EPS Growth
- 12.02%
- Country
- TW
- Employees
- 296
- Sector
- General
- Sector Strength
- 55
- Industry
- Internet Content & Information
ADDCN Technology Co., Ltd. Business Overview & Revenue Model
Company Description
ADDCN Technology Co., Ltd. operates a diverse array of online marketplaces, facilitating transactions and services across Taiwan and globally through its subsidiaries. Its extensive digital ecosystem encompasses platforms like 591.com.tw for real est...
ADDCN Technology Co., Ltd. Financial Statement Overview
Summary
ADDCN delivers a high-quality, asset-light financial profile. Income statement (87): revenue compounded from NT$1.54bn in 2020 to NT$2.32bn with ~69% gross margin, operating margin improving to 44.8% and net margin to 36.1%, lifting net income ~10% to NT$836m — though top-line growth has cooled to ~2.5%. Balance sheet (85): conservative structure with 58% equity funding, debt-to-equity of just 0.17, and consistently excellent ROE near 33%, offset slightly by borrowings rising from nil in 2020 to NT$442m. Cash flow (90): operating cash flow of NT$894m (~39% of revenue) and free cash flow of NT$880m with minimal capex, with FCF covering net income nearly one-for-one — confirming earnings quality. The main limitation is decelerating growth rather than any solvency or profitability concern.
Income Statement
87Very PositiveBalance Sheet
85Very PositiveCash Flow
90Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Mar 2023 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.30B | 2.32B | 2.26B | 2.15B | 1.96B | 1.68B |
| Gross Profit | 1.58B | 1.61B | 1.58B | 1.50B | 1.38B | 1.23B |
| EBITDA | 971.94M | 1.09B | 972.83M | 962.91M | 876.93M | 817.62M |
| Net Income | 921.23M | 836.14M | 759.69M | 710.78M | 664.55M | 612.43M |
Balance Sheet | ||||||
| Total Assets | 4.62B | 4.41B | 4.10B | 3.60B | 3.25B | 3.28B |
| Cash, Cash Equivalents and Short-Term Investments | 1.85B | 1.99B | 1.78B | 1.60B | 1.45B | 1.51B |
| Total Debt | 492.21M | 441.81M | 417.91M | 185.36M | 120.06M | 129.13M |
| Total Liabilities | 1.82B | 1.84B | 1.77B | 1.54B | 1.37B | 1.29B |
| Stockholders Equity | 2.78B | 2.55B | 2.31B | 2.04B | 1.87B | 1.98B |
Cash Flow | ||||||
| Free Cash Flow | 792.62M | 880.29M | 791.58M | 754.29M | 724.70M | 665.98M |
| Operating Cash Flow | 805.50M | 894.49M | 809.89M | 793.71M | 748.69M | 767.42M |
| Investing Cash Flow | -239.16M | -94.99M | -312.80M | -197.59M | -19.43M | -255.69M |
| Financing Cash Flow | -557.83M | -597.78M | -304.92M | -457.62M | -829.13M | -379.81M |
ADDCN Technology Co., Ltd. Peers Comparison
Overall Rating
TW:528776Outperform
TW:527872Outperform
TW:681169Neutral
TW:328955Neutral
TW:618043Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 76Outperform | TWD 8.19B | 8.20 | ― | 8.70% | -0.74% | 12.02% | |
| 72Outperform | TWD 7.27B | 21.00 | ― | 5.48% | 16.37% | 66.96% | |
| 69Neutral | TWD 9.95B | 13.97 | ― | 4.36% | 30.33% | 25.72% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| 55Neutral | TWD 9.76B | 25.00 | ― | 4.22% | -1.90% | -10.19% | |
| 43Neutral | TWD 7.19B | -48.93 | ― | 2.50% | -2.36% | -11.76% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:5287 | ADDCN Technology Co., Ltd. | 126.00 | -15.84 | -11.17% | |
| TW:3289 | Integrated Service Technology Inc. | 119.00 | 17.36 | 17.08% | |
| TW:5278 | Sunfun Info Co., Ltd. | 24.15 | -6.22 | -20.49% | |
| TW:6180 | Gamania Digital Entertainment Co. Ltd. | 41.00 | -11.97 | -22.59% | |
| TW:6811 | Acer E-Enabling Service Business Inc. | 241.00 | 26.50 | 12.35% | |
| TW:7735 | Taiwan AI Cloud Corporation | 179.00 | -171.00 | -48.86% |
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
