Macnica Galaxy Inc. AI Stock Analysis
Macnica Galaxy Inc. (6227) AI Stock Analysis
Macnica Galaxy Inc.
(TPEx:6227)
The score reflects a financially sound but cyclical technology distributor. Strengths include a near debt-free balance sheet, ~20% return on equity, record FY2025 profits on 42% revenue growth, and an inexpensive valuation at 7.9x earnings with a 4.6% dividend yield. These are held back by sharply negative technicals — the stock trades well below all key moving averages with a strongly negative MACD and deeply oversold RSI — alongside shrinking margins and a steep drop in free cash flow, where operating cash covered only about a third of net income. Improved cash conversion and stabilising price momentum would be the key catalysts for a higher score.
Macnica Galaxy Inc. (6227) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 8.52B
- Dividend Yield
- 4.15%
- Average Volume (3M)
- 942.98K
- Price to Earnings (P/E)
- 8.8
- Beta (1Y)
- 0.90
- Revenue Growth
- 47.32%
- EPS Growth
- 96.76%
- Country
- TW
- Employees
- 226
- Sector
- General
- Sector Strength
- 55
- Industry
- Technology Distributors
Macnica Galaxy Inc. Business Overview & Revenue Model
Company Description
Macnica Galaxy Inc., established in 1979, has its corporate headquarters in New Taipei City, Taiwan, and functions as a subsidiary of Chungju Co., Ltd. The firm specializes in providing integrated circuit (IC) products and related services across bot...
Macnica Galaxy Inc. Financial Statement Overview
Summary
Macnica Galaxy combines a strong FY2025 recovery with a very clean balance sheet, offset by weak cash conversion. Revenue jumped ~42% to NT$17.5 billion and net income rose ~22% to a record NT$595 million, while total debt was cut from NT$2.91 billion in FY2022 to just NT$209 million, leaving debt at roughly 7% of equity and return on equity near 20%. The drawbacks are margin compression (gross margin down from 10.5% to 8.5%, net margin to 3.4%) and erratic cash generation — free cash flow fell about 88% to NT$163 million as working capital absorbed growth, with operating cash covering only ~31% of net income.
Income Statement
68PositiveBalance Sheet
78PositiveCash Flow
45Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 20.58B | 17.49B | 12.33B | 13.35B | 15.00B | 14.28B |
| Gross Profit | 2.05B | 1.49B | 1.29B | 1.23B | 1.34B | 1.05B |
| EBITDA | 1.31B | 804.13M | 717.34M | 636.45M | 770.85M | 565.88M |
| Net Income | 999.34M | 595.46M | 490.00M | 318.43M | 578.48M | 423.31M |
Balance Sheet | ||||||
| Total Assets | 11.85B | 7.57B | 6.56B | 6.80B | 9.43B | 6.36B |
| Cash, Cash Equivalents and Short-Term Investments | 1.36B | 527.82M | 571.40M | 320.88M | 315.13M | 298.35M |
| Total Debt | 1.86B | 208.61M | 499.27M | 797.97M | 2.91B | 1.32B |
| Total Liabilities | 8.64B | 4.53B | 3.81B | 4.41B | 7.03B | 4.33B |
| Stockholders Equity | 3.17B | 2.99B | 2.72B | 2.39B | 2.40B | 2.04B |
Cash Flow | ||||||
| Free Cash Flow | -394.70M | 162.52M | 1.36B | 2.16B | -1.70B | -69.16M |
| Operating Cash Flow | -373.45M | 185.95M | 1.38B | 2.17B | -1.69B | -61.95M |
| Investing Cash Flow | -22.30M | -21.06M | -43.19M | -8.69M | -13.35M | -6.88M |
| Financing Cash Flow | 1.10B | -191.26M | -1.22B | -1.99B | 1.68B | 59.19M |
Macnica Galaxy Inc. Peers Comparison
Overall Rating
TW:540377Outperform- TW:622763Neutral
TW:241459Neutral
TW:347959Neutral
TW:245053Neutral
TW:823443Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5403 | 77Outperform | TWD 6.87B | 10.68 | ― | 7.39% | -0.14% | -6.21% |
| TW:6227 | 63Neutral | TWD 8.26B | 8.82 | ― | 4.15% | 47.32% | 96.76% |
| TW:2414 | 59Neutral | TWD 8.50B | 10.77 | ― | 6.25% | 35.65% | 43.54% |
| TW:3479 | 59Neutral | TWD 7.72B | 14.40 | ― | 4.34% | 10.71% | 1.91% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2450 | 53Neutral | TWD 7.11B | 15.14 | ― | 5.63% | 16.30% | 14.23% |
| TW:8234 | 43Neutral | TWD 7.22B | 79.36 | ― | 0.78% | 4.36% | -21.02% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6227 | Macnica Galaxy Inc. | 109.50 | 22.92 | 26.47% | |
| TW:2414 | Unitech Computer Co., Ltd. | 48.00 | 8.94 | 22.88% | |
| TW:2450 | Senao International Co. Ltd. | 27.70 | 0.01 | 0.03% | |
| TW:3479 | Avalue Technology Inc. | 105.50 | 0.91 | 0.87% | |
| TW:5403 | Dimerco Data System Corporation | 88.20 | -22.16 | -20.08% | |
| TW:8234 | Nexcom International Co., Ltd. | 51.70 | -22.64 | -30.46% |
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