Li Hsuan Development & Construction Co., Ltd. AI Stock Analysis
Li Hsuan Development & Construction Co., Ltd. (6222) AI Stock Analysis
Li Hsuan Development & Construction Co., Ltd.
(TPEx:6222)
The score is held near the low end primarily by severely impaired operations: revenue has essentially disappeared, losses are widening, and cash burn is accelerating with no self-sustaining cash engine. Technicals reinforce the caution, with the price below all key moving averages and negative MACD momentum. Valuation offers no support given negative earnings and no dividend. The sole meaningful strength is an exceptionally conservative, effectively debt-free balance sheet with roughly NT$863 million of equity, which provides survival runway but is currently generating negative returns. Earnings call and corporate event components were excluded for lack of data, with their weight redistributed to the remaining factors.
Li Hsuan Development & Construction Co., Ltd. (6222) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.74B
- Dividend Yield
- ―
- Average Volume (3M)
- 12.24K
- Price to Earnings (P/E)
- -61.2
- Beta (1Y)
- 0.12
- Revenue Growth
- -38.69%
- EPS Growth
- 20.60%
- Country
- TW
- Employees
- 80
- Sector
- General
- Sector Strength
- 55
- Industry
- Furnishings, Fixtures & Appliances
Li Hsuan Development & Construction Co., Ltd. Business Overview & Revenue Model
Company Description
Li Hsuan Development & Construction Co., Ltd. is a Taiwan-based company engaged in real estate development and construction. Formerly known as Soaring Technology Co., Ltd., it historically manufactured and distributed LED lighting products such as bu...
Li Hsuan Development & Construction Co., Ltd. Financial Statement Overview
Summary
Fundamentals are very weak. Revenue has collapsed by more than 99% since 2020, falling to roughly NT$2.4 million in the latest year (-9.8%), leaving sales far too small to cover fixed costs. Operating loss widened to about NT$24.0 million and net loss to NT$24.6 million, versus a NT$16.5 million loss a year earlier. Operating and free cash flow have been negative in five of the last six years, with the burn accelerating to about NT$15.3 million. The one major offset is a fortress balance sheet: effectively debt-free with equity funding ~99% of assets and shareholders' equity boosted to roughly NT$863 million after a large capital injection, providing extended runway. However, return on that capital is negative (-2.9%), so book value is being eroded rather than compounded.
Income Statement
8Very NegativeBalance Sheet
66PositiveCash Flow
17Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.16M | 2.77M | 2.78M | 2.44M | 9.30M | 265.03M |
| Gross Profit | 92.00K | 454.00K | -325.00K | -361.00K | -886.00K | 33.86M |
| EBITDA | -19.89M | -22.78M | -12.52M | -14.35M | -17.66M | -369.00K |
| Net Income | -22.96M | -24.64M | -16.48M | -20.40M | 14.91M | -15.39M |
Balance Sheet | ||||||
| Total Assets | 1.71B | 870.08M | 276.34M | 292.66M | 317.18M | 301.24M |
| Cash, Cash Equivalents and Short-Term Investments | 933.55M | 403.56M | 164.59M | 173.22M | 182.48M | 82.81M |
| Total Debt | 491.15M | 1.40M | 49.00K | 104.00K | 189.00K | 610.00K |
| Total Liabilities | 494.00M | 7.27M | 4.46M | 4.29M | 8.40M | 11.20M |
| Stockholders Equity | 1.21B | 862.76M | 271.80M | 288.30M | 308.70M | 289.97M |
Cash Flow | ||||||
| Free Cash Flow | -4.81M | -15.29M | -8.79M | -9.66M | -5.45M | 28.17M |
| Operating Cash Flow | -124.60M | -15.29M | -8.79M | -9.66M | -4.92M | 77.86M |
| Investing Cash Flow | -464.39M | -373.66M | 67.00K | 409.00K | 104.41M | 6.06M |
| Financing Cash Flow | 1.06B | 627.92M | 0 | 0 | 0 | -38.61M |
Li Hsuan Development & Construction Co., Ltd. Peers Comparison
Overall Rating
TW:351258Neutral
TW:545548Neutral
TW:348943Neutral- TW:622239Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3512 | 58Neutral | TWD 2.14B | 9.67 | ― | 9.63% | -6.81% | 92.51% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:5455 | 48Neutral | TWD 1.96B | -49.48 | ― | ― | -99.39% | -109.36% |
| TW:3489 | 43Neutral | TWD 2.04B | 7793.10 | ― | 13.27% | -56.20% | ― |
| TW:6222 | 39Underperform | TWD 2.09B | -61.24 | ― | ― | -38.69% | 20.60% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6222 | Li Hsuan Development & Construction Co., Ltd. | 18.30 | -1.60 | -8.04% | |
| TW:3489 | Sun Brothers Development Co., Ltd. | 22.60 | 5.91 | 35.43% | |
| TW:3512 | Huang Long Development Co., Ltd. | 18.70 | -0.35 | -1.86% | |
| TW:5455 | Sheng Yi Development Co.,Ltd | 31.10 | 2.10 | 7.24% |
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