Baso Precision Optics Ltd. AI Stock Analysis
Baso Precision Optics Ltd. (6517) AI Stock Analysis
Baso Precision Optics Ltd.
(TPEx:6517)
Baso Precision Optics scores in the middle of the range. Its greatest strength is financial resilience: a virtually debt-free balance sheet, equity funding 86% of assets, and high-quality cash generation that still comfortably covers the 2.79% dividend. Offsetting this is a clear earnings down-cycle — three straight years of revenue decline, a sharp gross margin drop to 32.9%, net income down 56%, and ROE compressed to 7.4%. Technicals compound the caution, with the price trading below all major moving averages and a negative MACD signalling a persistent downtrend, though deeply oversold RSI and stochastic readings suggest selling may be extended. A P/E of 23.3 looks rich against falling earnings, leaving the investment case dependent on a recovery in sales volumes or product mix rather than current momentum.
Baso Precision Optics Ltd. (6517) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.68B
- Dividend Yield
- 2.68%
- Average Volume (3M)
- 956.90K
- Price to Earnings (P/E)
- 22.1
- Beta (1Y)
- 0.79
- Revenue Growth
- -16.82%
- EPS Growth
- 31.08%
- Country
- TW
- Employees
- 256
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Machinery
Baso Precision Optics Ltd. Business Overview & Revenue Model
Company Description
BASO Precision Optics Co., LTD., established in 1959 and headquartered in Taichung, Taiwan, operates as a global producer and distributor of optical lenses. Their high-precision optics find applications across a diverse range of industries, including...
Baso Precision Optics Ltd. Financial Statement Overview
Summary
A tale of two halves. The balance sheet is a fortress (score 89): essentially debt-free with just NT$4.0M of debt against NT$671M of equity, which funds ~86% of assets. Cash flow (66) remains positive with excellent quality — operating cash flow covers net income ~1.5x and free cash flow of NT$62M converts at ~83% of earnings — but it has declined for a third straight year. The weak link is the income statement (52): revenue has fallen three years running to NT$490M, gross margin collapsed from 42.6% (2023) to 32.9%, and net income halved to NT$50M, dragging ROE down to 7.4%. Low financial risk, but clearly deteriorating profitability.
Income Statement
52NeutralBalance Sheet
89Very PositiveCash Flow
66Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 443.93M | 490.32M | 498.96M | 513.67M | 551.34M | 438.47M |
| Gross Profit | 155.20M | 161.42M | 201.04M | 219.07M | 205.13M | 124.04M |
| EBITDA | 87.88M | 110.10M | 164.77M | 165.77M | 149.25M | 90.38M |
| Net Income | 76.89M | 49.73M | 112.11M | 118.71M | 106.74M | 60.88M |
Balance Sheet | ||||||
| Total Assets | 820.73M | 778.25M | 784.10M | 723.67M | 671.50M | 439.29M |
| Cash, Cash Equivalents and Short-Term Investments | 495.71M | 441.55M | 426.19M | 404.16M | 369.63M | 153.68M |
| Total Debt | 5.20M | 4.00M | 3.77M | 4.63M | 4.61M | 11.45M |
| Total Liabilities | 161.67M | 107.33M | 117.73M | 126.10M | 155.76M | 130.30M |
| Stockholders Equity | 659.06M | 670.91M | 666.37M | 597.57M | 515.74M | 308.99M |
Cash Flow | ||||||
| Free Cash Flow | 126.80M | 62.14M | 68.29M | 69.26M | 136.21M | 46.67M |
| Operating Cash Flow | 133.20M | 75.31M | 116.26M | 144.06M | 158.85M | 63.67M |
| Investing Cash Flow | -14.04M | 48.29M | 122.42M | -281.80M | -20.37M | -26.88M |
| Financing Cash Flow | -47.30M | -46.77M | -47.31M | -38.59M | 82.76M | -24.19M |
Baso Precision Optics Ltd. Peers Comparison
Overall Rating
TW:652773Outperform
TW:655668Neutral
TW:328462Neutral- TW:651759Neutral
TW:659755Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6527 | 73Outperform | TWD 1.86B | 12.26 | ― | 3.91% | -1.23% | 10.20% |
| TW:6556 | 68Neutral | TWD 1.75B | 7.52 | ― | 5.76% | 3.78% | 33.16% |
| TW:3284 | 62Neutral | TWD 1.84B | 6.81 | ― | 2.94% | 8.49% | 51.70% |
| TW:6517 | 59Neutral | TWD 1.71B | 22.11 | ― | 2.68% | -16.82% | 31.08% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6597 | 55Neutral | TWD 1.85B | 19.51 | ― | 1.62% | -15.79% | -45.40% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6517 | Baso Precision Optics Ltd. | 55.90 | -3.45 | -5.81% | |
| TW:3284 | Top High Image Corp. | 17.00 | -6.39 | -27.32% | |
| TW:6527 | Crystalvue Medical Co Ltd | 74.20 | -4.80 | -6.08% | |
| TW:6556 | Topview Optronics Corp. | 60.80 | -5.09 | -7.73% | |
| TW:6597 | Ecocera Optronics Co., Ltd. | 61.70 | -7.73 | -11.14% | |
| TW:7881 | Eyecare Tech, Inc. | 71.50 | -37.59 | -34.46% |
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