Etron Technology, Inc. (5351) AI Stock Analysis

Etron Technology, Inc.

(TPEx:5351)

Select Model

Rating:46Neutral

Price Target:TWD 82.00▼(-15.55% Downside)

Action:initiatedcoverage

Date:11/09/26

Weak financial performance driven by cash burn and losses, along with bearish technical signals, are the primary drags on the score; fair valuation offers limited offset.

Positive Factors

Revenue ReboundThe strong 2025 revenue rebound shows that Etron can recover demand in a cyclical semiconductor environment. Continued top-line stabilization would support better utilization, broader customer activity, and eventual operating leverage if pricing and costs improve.

Negative Factors

Persistent LossesSizable operating and net losses across three consecutive years indicate that the revenue rebound has not yet translated into a profitable business model. Persistently negative margins could limit reinvestment, weaken equity, and delay a sustainable recovery in shareholder returns.

Etron Technology, Inc. (5351) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 31.69B
Dividend Yield: ―
Average Volume (3M): 11.42M
Price to Earnings (P/E): 15.4
Beta (1Y): 1.32
Revenue Growth: 245.54%
EPS Growth: ―
Country: TW
Employees: 439
Sector: General
Sector Strength: 55
Industry: Semiconductors

Etron Technology, Inc. Business Overview & Revenue Model

Company Description

Etron Technology, Inc. is dedicated to the creation and manufacturing of a wide array of integrated circuits, with operations spanning the United States, Europe, Japan, and various other Asian nations. The company provides specialized dynamic random...

Etron Technology, Inc. Financial Statement Overview

Summary

Revenue recovery and stable equity base are positives, but persistent net losses and deeply negative cash flow with high volatility weigh heavily on performance.

Income Statement

42Neutral

Balance Sheet

58Neutral

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.30B	4.04B	3.47B	2.66B	4.68B	6.15B
Gross Profit	3.95B	538.50M	442.81M	-82.70M	1.20B	2.12B
EBITDA	2.48B	-415.08M	-330.39M	-704.17M	371.54M	1.29B
Net Income	2.12B	-497.49M	-540.64M	-892.91M	74.20M	1.05B
Balance Sheet
Total Assets	12.28B	7.72B	6.73B	6.83B	8.22B	7.20B
Cash, Cash Equivalents and Short-Term Investments	3.21B	888.23M	800.03M	723.52M	933.35M	1.30B
Total Debt	2.22B	2.40B	1.46B	2.59B	2.81B	1.56B
Total Liabilities	4.99B	3.72B	2.45B	3.35B	3.94B	2.96B
Stockholders Equity	7.21B	3.91B	4.17B	3.42B	4.18B	4.14B
Cash Flow
Free Cash Flow	2.09B	-583.97M	-178.49M	-246.33M	-1.52B	833.04M
Operating Cash Flow	2.29B	-436.52M	-11.38M	-66.60M	-1.31B	1.01B
Investing Cash Flow	-81.01M	-391.57M	-245.13M	94.90M	-263.82M	-561.31M
Financing Cash Flow	426.49M	919.53M	313.51M	-170.70M	1.12B	-561.82M

Etron Technology, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5351 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:4967	69Neutral	TWD 25.40B	2.64	―	3.30%	90.94%	3193.74%
TW:2363	62Neutral	TWD 24.26B	27.70	―	1.27%	78.08%	21.15%
TW:8271	61Neutral	TWD 21.58B	3.12	―	2.67%	181.71%	1352.87%
TW:2329	56Neutral	TWD 24.47B	14.68	―	2.70%	10.61%	51.02%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2388	54Neutral	TWD 31.52B	33.04	―	0.09%	-2.83%	4352.20%
TW:5351	46Neutral	TWD 30.17B	15.43	―	―	245.54%	―

* General Sector Average

Performance Comparison

TW:5351 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:5351	Etron Technology, Inc.	97.10	52.90	119.68%
TW:2329	Orient Semiconductor Electronics, Limited	37.00	-11.46	-23.65%
TW:2363	Silicon Integrated Systems Corp.	47.70	-1.91	-3.84%
TW:2388	VIA Technologies, Inc.	56.60	6.23	12.37%
TW:4967	Team Group Inc.	261.50	123.47	89.45%
TW:8271	Apacer Technology Inc.	166.50	55.11	49.47%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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

Etron Technology, Inc. AI Stock Analysis