Lanner Electronics Inc. (6245) AI Stock Analysis

Lanner Electronics Inc.

(TPEx:6245)

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Rating:67Neutral

Price Target:TWD 85.00▼(-3.95% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by the very strong balance sheet, low leverage, healthy cash conversion, and attractive dividend yield. These strengths are offset by weakening profitability and free cash flow, as well as bearish technical momentum despite oversold indicators.

Positive Factors

Conservative Balance SheetMinimal leverage reduces refinancing exposure and interest-related pressure, giving Lanner greater flexibility to fund product development, withstand weaker demand, or maintain operations through an industry slowdown. This conservative financing profile is a durable source of resilience over the next several quarters.

Negative Factors

Multi-Year Revenue DeclineSeveral consecutive years of negative revenue growth point to sustained pressure on Lanner’s sales base rather than a single-quarter fluctuation. If this pattern persists, it can limit operating leverage, reduce investment capacity, and make future earnings growth more dependent on cost control.

Lanner Electronics Inc. (6245) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 12.78B
Dividend Yield: 4.29%
Average Volume (3M): 1.07M
Price to Earnings (P/E): 17.6
Beta (1Y): 0.78
Revenue Growth: 11.74%
EPS Growth: 8.17%
Country: TW
Employees: 229
Sector: General
Sector Strength: 55
Industry: Technology Distributors

Lanner Electronics Inc. Business Overview & Revenue Model

Company Description

Lanner Electronics Inc., together with its subsidiaries, engages in the provision of design, engineering, and manufacturing services for network appliances and rugged industrial computers in the United States, Hong Kong, Israel, China, Taiwan, the Ne...

Lanner Electronics Inc. Financial Statement Overview

Summary

Strong balance sheet and healthy cash generation support the score, but declining revenue, operating and net margins, return on equity, and free cash flow indicate weakening operating momentum.

Income Statement

55Neutral

Balance Sheet

88Very Positive

Cash Flow

75Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.34B	7.19B	7.45B	8.37B	9.82B	7.68B
Gross Profit	2.26B	2.28B	2.65B	2.82B	3.00B	2.04B
EBITDA	750.12M	750.75M	1.29B	1.36B	1.43B	811.79M
Net Income	641.74M	642.15M	890.81M	987.42M	1.00B	546.39M
Balance Sheet
Total Assets	10.22B	9.09B	9.00B	9.14B	9.06B	7.87B
Cash, Cash Equivalents and Short-Term Investments	3.32B	4.29B	4.17B	4.32B	2.73B	2.39B
Total Debt	117.44M	129.89M	131.48M	62.80M	1.06B	1.15B
Total Liabilities	4.27B	2.89B	2.87B	3.45B	4.77B	4.35B
Stockholders Equity	5.95B	6.20B	6.13B	5.69B	4.28B	3.52B
Cash Flow
Free Cash Flow	-834.80M	788.20M	415.25M	2.20B	1.31B	244.63M
Operating Cash Flow	-786.11M	847.05M	503.30M	2.25B	1.46B	311.84M
Investing Cash Flow	359.31M	-1.84B	-137.86M	-1.14B	70.98M	-334.19M
Financing Cash Flow	-623.03M	-620.28M	-640.21M	-607.33M	-443.47M	-839.76M

Lanner Electronics Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6245 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8114	72Outperform	TWD 11.74B	11.65	―	7.42%	-17.73%	-35.11%
TW:3416	69Neutral	TWD 12.38B	16.32	―	3.16%	31.00%	32.07%
TW:3088	67Neutral	TWD 12.32B	12.87	―	2.63%	35.40%	73.91%
TW:6245	67Neutral	TWD 12.61B	17.60	―	4.29%	11.74%	8.17%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8050	51Neutral	TWD 9.99B	12.97	―	4.15%	17.15%	104.20%
TW:3701	50Neutral	TWD 13.61B	-24.81	―	0.35%	-16.41%	-435.36%

* General Sector Average

Performance Comparison

TW:6245 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6245	Lanner Electronics Inc.	88.50	20.51	30.17%
TW:3088	Axiomtek Co Ltd	111.50	37.40	50.48%
TW:3416	Winmate Inc.	146.50	10.75	7.92%
TW:3701	FIC Global, Inc.	63.20	30.80	95.06%
TW:8050	iBASE Technology Inc.	51.80	6.84	15.21%
TW:8114	Posiflex Technology Inc.	154.50	-23.63	-13.27%

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 09, 2026

Lanner Electronics Inc. AI Stock Analysis