Grand Ocean Retail Group Ltd. (5907) AI Stock Analysis

Grand Ocean Retail Group Ltd.

(TWSE:5907)

Select Model

Rating:47Neutral

Price Target:TWD 4.00▲(5.26% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score is constrained primarily by weak profitability, high leverage, and deteriorating cash generation. Bearish technical trends and the absence of earnings-based or dividend valuation support further reduce the score, despite oversold momentum readings and positive EBITDA.

Positive Factors

Positive Free Cash FlowPositive free cash flow through 2023–2025 provides an internal source of liquidity despite reported losses. This can help fund essential operations and limit immediate reliance on external financing, although the benefit is moderated by the substantial year-over-year decline in 2025.

Negative Factors

Persistent Revenue ContractionFour consecutive years of revenue contraction indicate sustained pressure on the company’s sales base rather than a single-period setback. Continued top-line erosion can weaken fixed-cost absorption, reduce operating leverage, and make a durable return to profitability more difficult over the next several quarters.

Grand Ocean Retail Group Ltd. (5907) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 750.20M
Dividend Yield: ―
Average Volume (3M): 325.36K
Price to Earnings (P/E): -0.8
Beta (1Y): 0.40
Revenue Growth: -8.72%
EPS Growth: -22.72%
Country: TW
Employees: 3,258
Sector: General
Sector Strength: 55
Industry: Department Stores

Grand Ocean Retail Group Ltd. Business Overview & Revenue Model

Company Description

Grand Ocean Retail Group Ltd. primarily operates within China's department store retail sector, additionally providing management consulting services. The company manages a network of 17 retail establishments spread across 12 different cities, includ...

Grand Ocean Retail Group Ltd. Financial Statement Overview

Summary

Financial health is weak: declining revenue, widening net losses, negative returns on equity, high leverage, and weakening free cash flow outweigh positive gross margins, EBITDA, and operating cash flow.

Income Statement

15Very Negative

Balance Sheet

20Very Negative

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Dec 2021
Income Statement
Total Revenue	2.73B	2.75B	3.23B	3.82B	4.15B	5.16B
Gross Profit	2.00B	2.35B	2.75B	3.18B	1.75B	3.73B
EBITDA	1.10B	1.08B	1.75B	393.54M	1.74B	2.12B
Net Income	-897.54M	-890.33M	-511.89M	-2.08B	-832.85M	-232.13M
Balance Sheet
Total Assets	20.61B	21.26B	24.22B	24.24B	23.35B	27.28B
Cash, Cash Equivalents and Short-Term Investments	1.03B	1.00B	1.42B	1.50B	1.74B	3.64B
Total Debt	12.60B	12.82B	14.06B	14.01B	13.56B	15.57B
Total Liabilities	16.95B	17.44B	19.43B	19.16B	16.09B	19.24B
Stockholders Equity	3.66B	3.82B	4.79B	5.07B	7.26B	8.04B
Cash Flow
Free Cash Flow	499.74M	314.91M	460.81M	984.79M	-570.33M	960.47M
Operating Cash Flow	572.01M	391.92M	558.41M	1.25B	-303.51M	1.19B
Investing Cash Flow	-99.87M	-48.76M	104.43M	-1.20B	-66.17M	-63.79M
Financing Cash Flow	-597.20M	-906.82M	-903.35M	-659.82M	-1.61B	-1.34B

Grand Ocean Retail Group Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:5907 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:5907	47Neutral	TWD 739.11M	-0.83	―	―	-8.72%	-22.72%
TW:3085	41Neutral	TWD 798.37M	-19.00	―	―	30.89%	8.02%
TW:2736	39Underperform	TWD 786.93M	-6.40	―	―	13.62%	-10.62%
TW:7723	39Underperform	TWD 878.27M	-2.13	―	―	-18.41%	-1763.71%

* General Sector Average

Performance Comparison

TW:5907 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:5907	Grand Ocean Retail Group Ltd.	3.80	-1.89	-33.22%
TW:2736	HOYA Resort Hotel Group	9.86	-6.04	-37.99%
TW:3085	Newretail Co Ltd	14.90	-4.42	-22.88%
TW:7723	Jhu Jian Catering Co Ltd	17.75	-17.45	-49.57%
TW:7756	Donutes International Co., Ltd.	38.85	-8.03	-17.13%

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

Grand Ocean Retail Group Ltd. AI Stock Analysis