AAEON Technology Inc. AI Stock Analysis
AAEON Technology Inc. (6579) AI Stock Analysis
AAEON Technology Inc.
(TWSE:6579)
AAEON scores in the mid-range. Its fortress balance sheet — debt-to-equity of 0.06 and equity funding two-thirds of assets — keeps financial risk low, but margin compression, a 27% drop in net income and a more than 75% decline in operating cash flow weigh heavily on earnings quality. Technicals add further pressure, with the stock trading well below all key moving averages and negative MACD confirming a downtrend. An inexpensive 13.2x P/E and a 3.0% dividend yield provide valuation support and limit downside, but a recovery in margins and cash conversion is needed before the score can improve materially.
AAEON Technology Inc. (6579) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 23.13B
- Dividend Yield
- 2.76%
- Average Volume (3M)
- 288.27K
- Price to Earnings (P/E)
- 12.1
- Beta (1Y)
- 0.90
- Revenue Growth
- 27.97%
- EPS Growth
- 109.74%
- Country
- TW
- Employees
- 491
- Sector
- General
- Sector Strength
- 55
- Industry
- Computer Hardware
AAEON Technology Inc. Business Overview & Revenue Model
Company Description
AAEON Technology Inc. is dedicated to the development, manufacturing, and distribution of industrial-grade computing hardware and peripheral devices. The company's extensive product portfolio includes a diverse range of embedded computing solutions,...
AAEON Technology Inc. Financial Statement Overview
Summary
A very strong balance sheet (score 80) is offset by softening earnings quality (income statement 56) and weak cash generation (cash flow 42). Revenue returned to growth of about 6.5% to NT$8.63 billion, but gross margin fell to 33.4% from 35.9%, operating margin collapsed to 7.3% from 18.9%, and net income dropped roughly 27% to NT$705.8 million. Operating cash flow fell to NT$272 million from NT$1.13 billion, covering only about 39% of net income, signalling working-capital absorption. Financial risk remains minimal, with debt-to-equity of just 0.06, equity funding about 67% of assets, and free cash flow still positive, though return on equity has slipped to 7.1% from 12.4% in 2022.
Income Statement
56NeutralBalance Sheet
80PositiveCash Flow
42Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.79B | 8.63B | 7.19B | 8.07B | 8.35B | 6.35B |
| Gross Profit | 3.21B | 2.88B | 2.58B | 2.83B | 2.75B | 1.86B |
| EBITDA | 1.19B | 884.28M | 1.60B | 1.64B | 1.58B | 725.25M |
| Net Income | 1.24B | 705.76M | 966.88M | 969.35M | 1.07B | 451.02M |
Balance Sheet | ||||||
| Total Assets | 16.41B | 14.87B | 14.33B | 14.38B | 11.40B | 10.22B |
| Cash, Cash Equivalents and Short-Term Investments | 3.06B | 3.63B | 4.99B | 4.83B | 2.54B | 2.27B |
| Total Debt | 957.84M | 564.76M | 375.48M | 320.41M | 278.48M | 353.73M |
| Total Liabilities | 4.28B | 2.96B | 2.22B | 2.26B | 2.04B | 1.83B |
| Stockholders Equity | 10.18B | 9.96B | 10.10B | 10.01B | 8.64B | 7.87B |
Cash Flow | ||||||
| Free Cash Flow | -578.16M | 234.50M | 1.02B | 1.95B | 645.68M | -712.09M |
| Operating Cash Flow | -475.69M | 272.49M | 1.13B | 2.07B | 806.20M | -389.03M |
| Investing Cash Flow | -525.83M | -1.18B | 40.37M | 985.44M | 29.73M | -163.94M |
| Financing Cash Flow | -543.72M | -905.06M | -1.30B | -923.04M | -475.76M | -319.20M |
AAEON Technology Inc. Peers Comparison
Overall Rating
TW:620673Outperform
TW:351567Neutral
TW:827161Neutral
TW:369358.5Neutral
TW:616656Neutral- TW:657956Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6206 | 73Outperform | TWD 16.31B | 12.80 | ― | 4.72% | 11.63% | 24.44% |
| TW:3515 | 67Neutral | TWD 25.14B | 11.57 | ― | 5.38% | 24.91% | 21.20% |
| TW:8271 | 61Neutral | TWD 21.58B | 3.12 | ― | 2.67% | 181.71% | 1352.87% |
| TW:3693 | 59Neutral | TWD 26.65B | 45.88 | ― | 1.17% | -20.76% | -34.98% |
| TW:6166 | 56Neutral | TWD 19.80B | 16.47 | ― | 1.28% | 31.89% | 141.45% |
| TW:6579 | 56Neutral | TWD 22.88B | 12.07 | ― | 2.76% | 27.97% | 109.74% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6579 | AAEON Technology Inc. | 136.00 | 20.19 | 17.44% | |
| TW:3515 | ASRock Incorporation | 204.50 | -65.67 | -24.31% | |
| TW:3693 | AIC, Inc. | 682.00 | 347.38 | 103.82% | |
| TW:6166 | Adlink Technology Inc. | 93.40 | 35.82 | 62.20% | |
| TW:6206 | Flytech Technology Co. Ltd. | 116.50 | 20.11 | 20.86% | |
| TW:8271 | Apacer Technology Inc. | 166.50 | 51.69 | 45.02% |
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