JMC Electronics Co., Ltd. AI Stock Analysis
JMC Electronics Co., Ltd. (6552) AI Stock Analysis
JMC Electronics Co., Ltd.
(TWSE:6552)
JMC Electronics scores at the bottom of the range. The dominant factor is a deeply impaired financial profile: a negative gross margin, a NT$1.19bn net loss that erased over a third of shareholders' equity, near-doubled leverage and the first negative free cash flow of the period reviewed. Technicals reinforce the concern, with the stock trading far below all major moving averages and negative MACD confirming a sustained downtrend, even though extremely low RSI and stochastic readings leave room for a short-term bounce. Valuation provides no cushion, as losses render the P/E meaningless and the 1.07% yield is thin relative to the cash burn. The modest offsets are that operating cash flow remained positive, implying much of the loss was non-cash impairment, and equity still exceeds debt. A credible turnaround would require stabilizing gross margin and a return to positive free cash flow.
JMC Electronics Co., Ltd. (6552) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.58B
- Dividend Yield
- 1.04%
- Average Volume (3M)
- 72.34K
- Price to Earnings (P/E)
- -1.5
- Beta (1Y)
- 0.99
- Revenue Growth
- -28.07%
- EPS Growth
- -245.38%
- Country
- TW
- Employees
- 646
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
JMC Electronics Co., Ltd. Business Overview & Revenue Model
Company Description
JMC Electronics Co., Ltd. specializes in the production of reel-to-reel chip-on-film components, which are utilized in liquid crystal display (LCD) applications across Taiwan. Founded in 1973, the company's principal office is located in Kaohsiung, T...
JMC Electronics Co., Ltd. Financial Statement Overview
Summary
Severe deterioration across all three statements. Revenue fell ~27% to NT$1.44bn, extending a multi-year decline from the NT$3.0bn 2021 peak, and gross margin turned negative at -26%, meaning product is being sold below cost. The company swung to a NT$537m operating loss and a NT$1.19bn net loss (-83% net margin). Equity fell 37% to NT$1.70bn while debt rose to NT$1.30bn, nearly doubling debt-to-equity to 0.76 and driving ROE to -70%. Free cash flow turned negative (-NT$47m) from +NT$345m. The only mitigants are that operating cash flow stayed marginally positive at NT$64m (suggesting much of the loss was non-cash impairment) and equity still funds ~52% of assets, leaving some runway.
Income Statement
12Very NegativeBalance Sheet
40NegativeCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.19B | 1.44B | 1.96B | 1.77B | 2.11B | 3.00B |
| Gross Profit | -285.40M | -374.32M | 47.54M | 39.03M | 220.91M | 599.47M |
| EBITDA | -117.27M | -96.01M | 503.18M | 500.53M | 530.18M | 776.50M |
| Net Income | -1.09B | -1.19B | 13.19M | 7.48M | 73.36M | 324.41M |
Balance Sheet | ||||||
| Total Assets | 3.89B | 3.28B | 4.08B | 4.25B | 4.72B | 4.90B |
| Cash, Cash Equivalents and Short-Term Investments | 281.44M | 621.62M | 559.49M | 609.15M | 876.74M | 674.55M |
| Total Debt | 965.60M | 1.30B | 1.07B | 1.36B | 1.84B | 1.53B |
| Total Liabilities | 1.23B | 1.58B | 1.39B | 1.72B | 2.29B | 2.09B |
| Stockholders Equity | 2.66B | 1.70B | 2.69B | 2.53B | 2.43B | 2.80B |
Cash Flow | ||||||
| Free Cash Flow | 12.80M | -47.01M | 345.28M | 270.82M | 481.69M | 416.39M |
| Operating Cash Flow | 59.57M | 63.85M | 422.22M | 362.86M | 618.46M | 667.71M |
| Investing Cash Flow | -86.71M | -209.81M | -146.79M | -100.93M | -552.04M | -356.70M |
| Financing Cash Flow | -116.83M | 208.42M | -322.20M | -526.65M | 134.69M | 68.02M |
JMC Electronics Co., Ltd. Peers Comparison
Overall Rating
TW:619467Neutral
TW:803257Neutral
TW:613443Neutral
TW:339040Underperform- TW:655237Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6194 | 67Neutral | TWD 1.54B | 26.79 | ― | 4.67% | -25.40% | -63.03% |
| TW:8032 | 57Neutral | TWD 1.62B | 8.95 | ― | 3.83% | 33.20% | 107.84% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6134 | 43Neutral | TWD 1.74B | 26.75 | ― | 0.94% | 37.45% | ― |
| TW:3390 | 40Underperform | TWD 1.50B | -80.20 | ― | 1.05% | 18.32% | ― |
| TW:6552 | 37Underperform | TWD 1.59B | -1.47 | ― | 1.04% | -28.07% | -245.38% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6552 | JMC Electronics Co., Ltd. | 19.20 | -6.70 | -25.87% | |
| TW:3390 | Sunflex Technology Corp. | 18.95 | -3.16 | -14.27% | |
| TW:6134 | Wanshih Electronic Co., Ltd | 21.25 | -0.58 | -2.67% | |
| TW:6194 | Yufo Electronics Co., Ltd. | 32.15 | -1.23 | -3.67% | |
| TW:6272 | Wieson Technologies Co., Ltd. | 19.55 | -35.13 | -64.25% | |
| TW:8032 | Koryo Electronics Co., Ltd. | 31.35 | -7.91 | -20.16% |
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