Gamania Digital Entertainment Co. Ltd. (6180) AI Stock Analysis

Gamania Digital Entertainment Co. Ltd.

(TPEx:6180)

Select Model

Rating:41Neutral

Price Target:TWD 38.00▼(-7.32% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is very low, driven primarily by a dramatic and alarming collapse in financial performance. The company has swung to a net loss, taken on significant debt, and is now burning cash. These fundamental weaknesses are the most significant factors. The technical trend remains bearish, and the negative P/E ratio underscores the lack of profitability, creating a high-risk profile.

Positive Factors

Digital entertainment platformGamania’s focus on publishing and operating online and mobile games, including live-service titles, gives it an established digital entertainment model with recurring player engagement opportunities. Its presence in Taiwan and other Asian markets provides a regional platform from which successful content can continue to be operated and monetized.

Negative Factors

Profitability deteriorationThe shift from prior profitability to a net loss and negative operating profit is a significant deterioration in fundamental earnings power. Lower revenue and weaker operating performance can constrain reinvestment in game content, reduce financial resilience, and make recovery dependent on renewed operating momentum.

Gamania Digital Entertainment Co. Ltd. (6180) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 7.01B
Dividend Yield: 2.50%
Average Volume (3M): 323.57K
Price to Earnings (P/E): -48.9
Beta (1Y): 0.21
Revenue Growth: -2.36%
EPS Growth: -11.76%
Country: TW
Employees: 1,076
Sector: General
Sector Strength: 55
Industry: Electronic Gaming & Multimedia

Gamania Digital Entertainment Co. Ltd. Business Overview & Revenue Model

Company Description

Gamania Digital Entertainment Co., Ltd., along with its various subsidiaries, operates as a diversified internet enterprise based in Taiwan. Its core operations include the publishing of massively multiplayer online (MMO) and mobile games. Beyond gam...

Gamania Digital Entertainment Co. Ltd. Financial Statement Overview

Summary

Financial health has severely deteriorated. The income statement shows a swing to net losses with declining revenue and compressed margins. The balance sheet, once strong, now carries a sudden, massive debt increase, and return on equity has turned negative. Cash flow has collapsed, with free cash flow turning negative, indicating the business is not generating sufficient cash to support itself.

Income Statement

18Very Negative

Balance Sheet

35Negative

Cash Flow

10Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.55B	8.87B	11.08B	9.79B	11.39B	11.37B
Gross Profit	2.22B	2.47B	3.91B	3.79B	4.68B	4.76B
EBITDA	160.09M	264.86M	2.91B	1.34B	2.30B	2.34B
Net Income	-390.33M	-269.34M	2.07B	575.19M	1.28B	1.11B
Balance Sheet
Total Assets	8.16B	8.59B	8.35B	9.82B	10.39B	9.47B
Cash, Cash Equivalents and Short-Term Investments	1.76B	2.01B	1.98B	3.25B	3.86B	3.51B
Total Debt	1.77B	1.31B	144.25M	179.52M	165.86M	275.83M
Total Liabilities	3.91B	3.96B	2.35B	4.04B	4.10B	3.62B
Stockholders Equity	3.89B	4.28B	5.64B	5.38B	5.85B	5.41B
Cash Flow
Free Cash Flow	-463.46M	-30.65M	1.01B	558.95M	1.28B	2.18B
Operating Cash Flow	-208.73M	394.35M	1.45B	968.21M	2.47B	2.56B
Investing Cash Flow	-1.03B	-446.01M	-2.00B	-454.01M	-1.23B	-487.08M
Financing Cash Flow	384.77M	99.58M	-685.89M	-1.10B	-1.04B	-1.02B

Gamania Digital Entertainment Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6180 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5278	72Outperform	TWD 7.27B	21.00	―	5.48%	16.37%	66.96%
TW:9943	65Neutral	TWD 6.21B	9.28	―	7.09%	-5.24%	17.98%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3086	47Neutral	TWD 5.89B	-398.10	―	0.06%	-2.07%	-17.71%
TW:6180	41Neutral	TWD 7.19B	-48.93	―	2.50%	-2.36%	-11.76%

* General Sector Average

Performance Comparison

TW:6180 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6180	Gamania Digital Entertainment Co. Ltd.	41.00	-11.97	-22.59%
TW:3086	Wayi International Digital Entertainment Co., Ltd.	20.50	-2.50	-10.87%
TW:5278	Sunfun Info Co., Ltd.	24.15	-6.22	-20.49%
TW:7869	Horng Yu Electric Co. Ltd.	280.00	-95.81	-25.49%
TW:8359	Cashbox Partyworld Co., Ltd.	54.10	-9.13	-14.43%
TW:9943	Holiday Entertainment Co., Ltd.	49.35	-8.34	-14.46%

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

Gamania Digital Entertainment Co. Ltd. AI Stock Analysis