Sysgration Ltd. AI Stock Analysis
Sysgration Ltd. (5309) AI Stock Analysis
Sysgration Ltd.
(TPEx:5309)
Sysgration scores poorly overall. The dominant issue is financial deterioration: despite a 9% revenue recovery and stable gross margins, core operations slipped into a loss, net income has declined for three consecutive years, and a heavy capex cycle produced a NT$722 million free cash outflow funded largely by a tripling of debt. Technicals compound the concern, with the share price below all major moving averages and a negative MACD, though oversold RSI and stochastic readings hint at scope for a near-term bounce. Valuation offers little support, as the near-294 P/E reflects depressed earnings and the sub-1% dividend yield provides minimal cushion. The investment case rests on the current investment cycle restoring operating profitability, which is not yet evident.
Sysgration Ltd. (5309) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 12.84B
- Dividend Yield
- 0.87%
- Average Volume (3M)
- 5.57M
- Price to Earnings (P/E)
- 292.6
- Beta (1Y)
- 1.08
- Revenue Growth
- 8.96%
- EPS Growth
- 68.37%
- Country
- TW
- Employees
- 541
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Sysgration Ltd. Business Overview & Revenue Model
Company Description
Headquartered in Taipei, Taiwan, and established in 1977, Sysgration Ltd. specializes in the global manufacturing and distribution of automotive electronics and comprehensive power management solutions. The company offers a diverse portfolio of produ...
Sysgration Ltd. Financial Statement Overview
Summary
Revenue rebounded about 9% to NT$3.39 billion and gross margins held steady at 23–25%, but profitability deteriorated sharply: operating results swung to a NT$17 million loss and net income fell for a third straight year to NT$53 million, leaving a thin 1.6% net margin. The balance sheet remains adequate — equity funds roughly half of assets and debt-to-equity is about 0.55 — yet debt nearly tripled in one year while return on equity collapsed to about 1.4%. Cash flow is the weakest link, with operating cash flow down to NT$85 million and free cash flow at roughly negative NT$722 million on heavy capital spending. The company is financially stretched mid-capex-cycle with limited near-term earnings visibility.
Income Statement
42NeutralBalance Sheet
60NeutralCash Flow
33Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.45B | 3.39B | 3.11B | 3.28B | 3.40B | 2.45B |
| Gross Profit | 791.86M | 798.48M | 751.83M | 810.87M | 804.55M | 488.52M |
| EBITDA | 95.31M | 201.33M | 334.57M | 422.36M | 462.12M | 196.30M |
| Net Income | 22.28M | 52.94M | 116.05M | 255.48M | 338.50M | 95.35M |
Balance Sheet | ||||||
| Total Assets | 8.45B | 7.33B | 5.08B | 4.77B | 3.57B | 2.90B |
| Cash, Cash Equivalents and Short-Term Investments | 3.37B | 2.71B | 1.86B | 2.16B | 1.33B | 942.76M |
| Total Debt | 1.80B | 2.10B | 857.91M | 849.90M | 810.95M | 731.22M |
| Total Liabilities | 2.79B | 3.08B | 1.79B | 1.80B | 1.63B | 1.70B |
| Stockholders Equity | 5.30B | 3.85B | 3.08B | 2.98B | 1.94B | 1.21B |
Cash Flow | ||||||
| Free Cash Flow | -723.66M | -721.77M | -274.56M | 325.01M | 471.00K | -102.72M |
| Operating Cash Flow | 102.44M | 85.09M | 454.13M | 544.40M | 174.98M | -29.66M |
| Investing Cash Flow | -874.12M | -920.23M | -603.65M | -337.56M | -252.23M | -95.00M |
| Financing Cash Flow | 3.28B | 1.66B | -256.73M | 753.41M | 452.01M | 63.52M |
Sysgration Ltd. Peers Comparison
Overall Rating
TW:320959Neutral
TW:618957Neutral
TW:370150Neutral- TW:530942Neutral
TW:233241Neutral
TW:223134Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3209 | 59Neutral | TWD 11.57B | 8.56 | ― | 4.27% | 22.25% | 199.92% |
| TW:6189 | 57Neutral | TWD 11.54B | 11.41 | ― | 6.17% | -9.53% | 48.34% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3701 | 50Neutral | TWD 13.61B | -23.38 | ― | 0.35% | -27.54% | -440.84% |
| TW:5309 | 42Neutral | TWD 13.18B | 292.63 | ― | 0.87% | 8.96% | 68.37% |
| TW:2332 | 41Neutral | TWD 10.54B | -37.21 | ― | 0.57% | 3.00% | -18.21% |
| TW:2231 | 34Underperform | TWD 10.66B | -87.60 | ― | 0.64% | -20.55% | -146.86% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:5309 | Sysgration Ltd. | 57.60 | 1.26 | 2.24% | |
| TW:2231 | CUB Elecparts, Inc. | 78.40 | -22.60 | -22.38% | |
| TW:2332 | D-Link Corporation | 17.50 | 1.60 | 10.06% | |
| TW:3209 | Alltek Technology Corp. | 46.80 | 16.58 | 54.88% | |
| TW:3701 | FIC Global, Inc. | 57.50 | 24.30 | 73.19% | |
| TW:6189 | Promate Electronic Co., Ltd. | 43.75 | 0.17 | 0.39% |
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