Dafeng TV Ltd. AI Stock Analysis
Dafeng TV Ltd. (6184) AI Stock Analysis
Dafeng TV Ltd.
(TWSE:6184)
Dafeng TV scores in the moderate range. The most significant positive is a financially sound, cash-generative broadcaster trading at an undemanding 16.3x earnings with a near 8% dividend yield and low volatility. Offsetting this, 2025 marked a clear inflection: net income, operating margin, return on equity, operating cash flow and free cash flow all declined together as the company absorbed a 26% asset build and a 36% increase in debt. Technicals compound the caution, with the price trading below all major moving averages and negative MACD confirming a persistent downtrend, although the deeply depressed RSI shows selling has become stretched. The investment case hinges on whether recent capital deployment restores profit growth; until then, the attractive yield and valuation are balanced against eroding returns and negative price trends.
Dafeng TV Ltd. (6184) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 5.32B
- Dividend Yield
- 8.10%
- Average Volume (3M)
- 115.33K
- Price to Earnings (P/E)
- 15.8
- Beta (1Y)
- 0.14
- Revenue Growth
- 0.53%
- EPS Growth
- -39.01%
- Country
- TW
- Employees
- 263
- Sector
- General
- Sector Strength
- 55
- Industry
- Broadcasting
Dafeng TV Ltd. Business Overview & Revenue Model
Company Description
Headquartered in New Taipei City, Taiwan, Dafeng TV Ltd. offers both digital and conventional cable television services. Founded in 1996, the company adopted its current name in December 2009, having previously operated as Dah Fung CATV Co. Ltd.
Dafeng TV Ltd. Financial Statement Overview
Summary
Dafeng TV combines a solid balance sheet (score 70) with weakening earnings momentum (income statement 62) and softer cash generation (cash flow 61). Revenue accelerated to double-digit growth of 10.9% to NT$2.16 billion and gross margin reached a multi-year high of 52.6%, but net income fell about 23% to NT$412 million, operating margin slipped to 28.6% and return on equity dropped to a six-year low of 8.4%. The balance sheet remains sound, with equity funding roughly 53% of assets and debt-to-equity of 0.49, though total debt rose 36% and assets expanded 26% without yet delivering commensurate returns. Operating cash flow of NT$717 million remained 1.7x net income and free cash flow stayed positive at NT$446 million, but both declined year over year and cash generation has historically been lumpy.
Income Statement
62PositiveBalance Sheet
70PositiveCash Flow
61Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.18B | 2.16B | 2.12B | 2.07B | 2.01B | 2.01B |
| Gross Profit | 1.16B | 1.14B | 1.10B | 1.03B | 1.03B | 975.64M |
| EBITDA | 1.00B | 1.02B | 1.12B | 1.09B | 1.06B | 1.05B |
| Net Income | 434.48M | 411.63M | 531.90M | 521.55M | 515.75M | 520.42M |
Balance Sheet | ||||||
| Total Assets | 9.08B | 9.21B | 7.29B | 6.79B | 7.79B | 7.58B |
| Cash, Cash Equivalents and Short-Term Investments | 3.25B | 3.56B | 1.86B | 1.43B | 2.45B | 2.22B |
| Total Debt | 1.81B | 2.39B | 1.75B | 1.50B | 2.30B | 2.50B |
| Total Liabilities | 3.28B | 3.28B | 2.65B | 2.30B | 3.38B | 3.24B |
| Stockholders Equity | 4.73B | 4.92B | 4.64B | 4.49B | 4.41B | 4.34B |
Cash Flow | ||||||
| Free Cash Flow | 394.80M | 446.16M | 571.65M | 214.46M | 883.36M | 258.95M |
| Operating Cash Flow | 669.17M | 717.15M | 1.05B | 621.73M | 1.21B | 547.29M |
| Investing Cash Flow | -234.76M | -139.37M | -675.16M | -402.07M | -328.82M | -788.32M |
| Financing Cash Flow | 368.28M | 824.58M | -145.61M | -1.24B | -648.56M | -49.98M |
Dafeng TV Ltd. Peers Comparison
Overall Rating
TW:528363Neutral- TW:618462Neutral
TW:261455Neutral
TW:628152Neutral
TW:355845Neutral
TW:306243Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5283 | 63Neutral | TWD 4.91B | 7.89 | ― | 0.77% | -4.68% | 12.64% |
| TW:6184 | 62Neutral | TWD 5.57B | 15.75 | ― | 8.10% | 0.53% | -39.01% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2614 | 55Neutral | TWD 6.02B | 6.44 | ― | 3.03% | -3.56% | 36.37% |
| TW:6281 | 52Neutral | TWD 4.93B | 13.30 | ― | 6.65% | -4.84% | -10.17% |
| TW:3558 | 45Neutral | TWD 6.20B | 50.48 | ― | 2.90% | -3.32% | -69.25% |
| TW:3062 | 43Neutral | TWD 6.39B | -9.39 | ― | ― | -1.21% | -212.49% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6184 | Dafeng TV Ltd. | 37.05 | -7.98 | -17.71% | |
| TW:2614 | Eastern Media International Corporation | 13.20 | -4.89 | -27.03% | |
| TW:3062 | CyberTAN Technology, Inc. | 18.60 | -7.60 | -29.01% | |
| TW:3558 | Senao Networks, Inc. | 103.50 | -30.83 | -22.95% | |
| TW:5283 | Heran Co. Ltd. | 48.35 | -5.16 | -9.64% | |
| TW:6281 | E-Life Corporation | 49.60 | -12.99 | -20.75% |
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