Concord Securities Co., Ltd. (6016) AI Stock Analysis

Concord Securities Co., Ltd.

(TPEx:6016)

Select Model

Rating:69Neutral

Price Target:TWD 20.50▲(4.86% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong profitability and very low valuation are the main positives. These are weighed against weak technical momentum, moderate leverage, and volatile cash flow, producing an overall score of 69.

Positive Factors

Revenue and earnings reboundThe sharp 2025 revenue and earnings rebound indicates renewed operating momentum and stronger capital-markets activity. If sustained, higher earnings can support internal reinvestment, strengthen the firm’s competitive position, and provide a more substantial base for future profitability.

Negative Factors

Meaningful leverageElevated and increasing leverage reduces financial flexibility and leaves less room to absorb weaker capital-markets conditions. Debt service and refinancing needs can constrain future investment or distributions, while a downturn could place greater pressure on equity protection and returns.

Concord Securities Co., Ltd. (6016) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 15.26B
Dividend Yield: 0.79%
Average Volume (3M): 4.11M
Price to Earnings (P/E): 3.3
Beta (1Y): 1.25
Revenue Growth: 326.63%
EPS Growth: 376.35%
Country: TW
Employees: 672
Sector: General
Sector Strength: 55
Industry: Financial - Capital Markets

Concord Securities Co., Ltd. Business Overview & Revenue Model

Company Description

Concord Securities Co., Ltd., through its affiliated companies, provides a wide array of brokerage and wealth management solutions throughout Taiwan. The firm's business activities are structured into distinct divisions: proprietary trading, brokerag...

Concord Securities Co., Ltd. Financial Statement Overview

Summary

Strong profitability and improved 2025 earnings are offset by moderate leverage and volatile cash flow. Income statement score was 82, balance sheet score 68, and cash flow score 62.

Income Statement

82Very Positive

Balance Sheet

68Positive

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.45B	4.18B	4.23B	3.93B	1.62B	4.46B
Gross Profit	12.82B	3.54B	3.76B	3.53B	1.20B	3.97B
EBITDA	6.07B	1.88B	1.66B	1.39B	225.65M	1.72B
Net Income	5.25B	1.37B	1.09B	999.75M	-148.74M	1.39B
Balance Sheet
Total Assets	106.72B	53.22B	44.72B	40.32B	35.85B	39.39B
Cash, Cash Equivalents and Short-Term Investments	37.93B	4.05B	14.51B	14.12B	13.35B	10.68B
Total Debt	1.54B	15.17B	14.18B	11.90B	10.64B	11.84B
Total Liabilities	91.96B	41.93B	34.92B	31.39B	27.95B	30.46B
Stockholders Equity	14.69B	11.22B	9.73B	8.87B	7.84B	8.87B
Cash Flow
Free Cash Flow	-6.88B	1.16B	-1.46B	-3.43B	4.77B	716.13M
Operating Cash Flow	-6.83B	1.21B	-1.42B	-3.38B	4.84B	747.60M
Investing Cash Flow	-5.20B	-2.59B	-443.15M	-59.40M	-1.06B	-620.45M
Financing Cash Flow	19.06B	1.04B	1.74B	592.86M	-858.66M	-1.91B

Concord Securities Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6016 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6021	73Outperform	TWD 15.66B	4.62	―	3.89%	425.42%	―
TW:6024	72Outperform	TWD 14.93B	7.92	―	4.98%	28.69%	36.92%
TW:6016	69Neutral	TWD 14.98B	3.30	―	0.79%	326.63%	376.35%
TW:5864	65Neutral	TWD 15.54B	2.55	―	1.59%	―	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:6016 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6016	Concord Securities Co., Ltd.	19.55	8.16	71.60%
TW:5864	Concord International Securities Co., Ltd	31.40	16.92	116.84%
TW:6021	Good Finance Securities Co Ltd	51.40	25.21	96.24%
TW:6024	Capital Futures Corp.	56.20	11.43	25.52%

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 10, 2026

Concord Securities Co., Ltd. AI Stock Analysis