Grand Fortune Securities Co. Ltd. AI Stock Analysis
Grand Fortune Securities Co. Ltd. (6026) AI Stock Analysis
Grand Fortune Securities Co. Ltd.
(TPEx:6026)
Grand Fortune Securities screens as a deep-value, high-yield brokerage: a P/E near 3.9 and a dividend yield above 9% are backed by surging TTM profits, 25% return on equity and a strengthening capital base with lower leverage. The key risks are earnings durability and cash quality — results are highly market-dependent, with a loss as recently as 2022, and operating cash flow of about NT$176 million is far below reported net income. Technicals add near-term caution, as the stock sits below its 20-, 50- and 100-day moving averages with soft momentum indicators, even though the longer-term 200-day trend remains intact.
Grand Fortune Securities Co. Ltd. (6026) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 6.12B
- Dividend Yield
- 8.80%
- Average Volume (3M)
- 1.04M
- Price to Earnings (P/E)
- 3.9
- Beta (1Y)
- 0.62
- Revenue Growth
- 104.45%
- EPS Growth
- 396.63%
- Country
- TW
- Employees
- 160
- Sector
- General
- Sector Strength
- 55
- Industry
- Financial - Capital Markets
Grand Fortune Securities Co. Ltd. Business Overview & Revenue Model
Company Description
Grand Fortune Securities Co.,Ltd, headquartered in Taipei City, Taiwan, provides a comprehensive suite of financial services within the Taiwanese market. Its primary operations encompass facilitating securities underwriting and offering brokerage ser...
Grand Fortune Securities Co. Ltd. Financial Statement Overview
Summary
Earnings power has surged, with TTM revenue near NT$1.85 billion and net income of about NT$1.57 billion, supported by exceptional margins (net margin ~85%) and a recovery in return on equity to roughly 25%. The balance sheet is strengthening, as equity has grown to about NT$7.1 billion and debt-to-equity has eased to 0.83 from 1.04. However, results are highly cyclical — revenue swings have ranged from +175% to -36% and the firm posted a loss in 2022 — and cash flow is the weak link, with TTM operating cash flow of only about NT$176 million versus NT$1.57 billion of reported profit, signalling poor conversion of earnings into cash.
Income Statement
73PositiveBalance Sheet
68PositiveCash Flow
44Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.85B | 1.14B | 1.39B | 1.13B | 988.00M | 1.55B |
| Gross Profit | 1.72B | 1.10B | 1.38B | 1.12B | 983.33M | 1.55B |
| EBITDA | 1.81B | 787.67M | 672.43M | 848.88M | -112.13M | 1.69B |
| Net Income | 1.57B | 682.97M | 437.89M | 625.60M | -264.66M | 1.41B |
Balance Sheet | ||||||
| Total Assets | 15.73B | 14.82B | 12.45B | 12.92B | 10.66B | 13.72B |
| Cash, Cash Equivalents and Short-Term Investments | 8.22B | 9.25B | 7.89B | 8.16B | 7.72B | 10.11B |
| Total Debt | 5.90B | 6.39B | 4.84B | 5.11B | 4.70B | 6.58B |
| Total Liabilities | 8.63B | 8.71B | 6.74B | 7.23B | 5.88B | 8.20B |
| Stockholders Equity | 7.10B | 6.11B | 5.71B | 5.70B | 4.53B | 5.14B |
Cash Flow | ||||||
| Free Cash Flow | 151.16M | 436.75M | 1.06B | -750.60M | 955.70M | -187.08M |
| Operating Cash Flow | 176.33M | 464.51M | 1.07B | -742.07M | 980.56M | -179.30M |
| Investing Cash Flow | 58.53M | 8.91M | 56.18M | -260.54M | -77.94M | -5.74M |
| Financing Cash Flow | -449.25M | -547.21M | -908.98M | 456.76M | -565.15M | 319.48M |
Grand Fortune Securities Co. Ltd. Peers Comparison
Overall Rating
TW:676373Outperform- TW:602668Neutral
TW:601561Neutral
TW:676245Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6763 | 73Outperform | TWD 6.61B | 8.64 | ― | 8.49% | 10.75% | -51.48% |
| TW:6026 | 68Neutral | TWD 6.08B | 3.94 | ― | 8.80% | 104.45% | 396.63% |
| TW:6015 | 61Neutral | TWD 6.13B | 3.62 | ― | 3.56% | 89.73% | 1994.47% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6762 | 45Neutral | TWD 5.43B | 326.79 | ― | 0.34% | -3.30% | -69.37% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6026 | Grand Fortune Securities Co. Ltd. | 15.50 | 4.22 | 37.37% | |
| TW:01001T | Fubon No.1 Real Estate Investment Trust | 10.86 | -1.00 | -8.45% | |
| TW:6015 | Horizon Securities Co., Ltd. | 15.45 | 5.13 | 49.78% | |
| TW:6762 | Delta Asia International Corporation | 146.50 | -39.64 | -21.29% | |
| TW:6763 | Green World Fintech Service Co., Ltd. | 35.35 | -24.51 | -40.94% | |
| TW:7777 | ABICO Asia Capital Corp. | 29.45 | 5.85 | 24.80% |
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