KINGLAND PROPERTY CORPORATION LTD (6264) AI Stock Analysis

KINGLAND PROPERTY CORPORATION LTD

(TPEx:6264)

Select Model

Rating:40Underperform

Price Target:TWD 6.00▼(-0.33% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is severely depressed by the company's precarious financial state, which is the most significant factor. The core business is burning cash at an alarming rate while being saddled with extreme debt, creating substantial solvency risk. This fundamental weakness is compounded by a lack of valuation support due to negative earnings and no dividend, and a technical picture that confirms a lack of positive momentum. The company's financial viability is the overriding concern.

Positive Factors

2025 Revenue ReboundThe sharp 2025 revenue rebound indicates that the company can generate substantial project-related top-line growth when development and sales activity improve. If this recovery is sustained, greater revenue scale could support fixed-cost absorption and provide a broader base for rebuilding profitability.

Negative Factors

Unstable ProfitabilityThe return to a very large net loss after only a small profit in 2024 shows that earnings are not yet dependable across project cycles. Persistent volatility makes it harder to plan reinvestment, support shareholders, or demonstrate that improved gross margins can translate into sustainable operating profitability.

KINGLAND PROPERTY CORPORATION LTD (6264) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 820.86M
Dividend Yield: ―
Average Volume (3M): 31.44K
Price to Earnings (P/E): -10.0
Beta (1Y): 0.12
Revenue Growth: 52.16%
EPS Growth: -21.07%
Country: TW
Employees: 62
Sector: General
Sector Strength: 55
Industry: Real Estate - Services

KINGLAND PROPERTY CORPORATION LTD Business Overview & Revenue Model

Company Description

Kingland Property Corporation Ltd. is a Taiwanese firm primarily focused on construction projects. Founded in 1997, the company operates from its headquarters in Taipei City. It was previously recognized as DSG Technology Co., Ltd.

KINGLAND PROPERTY CORPORATION LTD Financial Statement Overview

Summary

Financial health is critically weak. A 70.6% revenue surge is overshadowed by a -59.1% net margin, a dangerously leveraged balance sheet (D/E of 3.87), and a severe cash hemorrhage with operating cash flow at -$838M. The combination of unprofitable growth, excessive debt, and massive cash burn signals a potential liquidity crisis.

Income Statement

18Very Negative

Balance Sheet

12Very Negative

Cash Flow

5Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Dec 2023	Mar 2023	Dec 2021
Income Statement
Total Revenue	124.75M	112.22M	200.20M	212.74M	767.10M	593.99M
Gross Profit	31.19M	18.66M	54.07M	-78.09M	-106.75M	-32.10M
EBITDA	-16.26M	3.52M	67.28M	-93.14M	-186.25M	2.21M
Net Income	-81.70M	-66.33M	6.47M	-114.13M	-216.32M	-21.55M
Balance Sheet
Total Assets	5.02B	4.49B	3.88B	3.42B	3.26B	3.26B
Cash, Cash Equivalents and Short-Term Investments	267.55M	278.03M	589.09M	214.34M	137.02M	186.60M
Total Debt	2.84B	2.77B	2.33B	2.15B	2.04B	1.80B
Total Liabilities	3.98B	3.64B	3.04B	2.74B	2.54B	2.36B
Stockholders Equity	922.05M	714.03M	698.36M	582.55M	669.83M	871.84M
Cash Flow
Free Cash Flow	-718.97M	-838.71M	-152.19M	-357.21M	-171.03M	-397.30M
Operating Cash Flow	-718.84M	-838.02M	-147.59M	-357.19M	-170.33M	-391.51M
Investing Cash Flow	219.42M	101.63M	68.55M	95.42M	-4.72M	79.04M
Financing Cash Flow	459.72M	518.75M	257.28M	295.41M	141.79M	364.48M

KINGLAND PROPERTY CORPORATION LTD Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6264 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8077	64Neutral	TWD 877.83M	5.90	―	5.00%	3.19%	40.37%
TW:5703	61Neutral	TWD 899.07M	16.24	―	―	14.17%	101.69%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3252	51Neutral	TWD 735.37M	-97.67	―	―	-6.31%	17.70%
TW:4402	41Neutral	TWD 846.50M	-45.88	―	―	66.21%	-366.24%
TW:6264	40Underperform	TWD 822.22M	-10.03	―	―	52.16%	-21.07%
TW:5345	40Underperform	TWD 727.55M	-274.61	―	―	229.58%	90.01%

* General Sector Average

Performance Comparison

TW:6264 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6264	KINGLAND PROPERTY CORPORATION LTD	6.02	-1.33	-18.10%
TW:3252	Haiwan International Development Co., Ltd.	14.65	-4.55	-23.70%
TW:4402	J.D Development Co. Ltd.	12.30	-5.25	-29.91%
TW:5345	Fullhome Development Co., Ltd.	19.25	-5.60	-22.54%
TW:5703	Landis Taipei Hotel Co., Ltd	13.20	-2.35	-15.11%
TW:8077	Green World Hotels Co., Ltd.	40.00	-3.47	-7.99%

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

KINGLAND PROPERTY CORPORATION LTD AI Stock Analysis