Techcential International Ltd. AI Stock Analysis
Techcential International Ltd. (6616) AI Stock Analysis
Techcential International Ltd.
(TPEx:6616)
The score is held back primarily by weak operating performance: declining revenue, nearly halved gross margins since 2020, and net losses in four of the past five years. A conservatively financed balance sheet — leverage cut by more than half since 2020 and equity funding roughly 59% of assets — plus consistently positive operating cash flow provide downside protection and time for a turnaround, but returns on capital remain negative and free cash flow has declined for three straight years. Technicals are neutral-to-soft with the shares trading below most key moving averages, and valuation offers little support given negative earnings and no dividend. A sustained recovery in margins and revenue would be needed to justify a higher rating.
Techcential International Ltd. (6616) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 298.02M
- Dividend Yield
- ―
- Average Volume (3M)
- 26.82K
- Price to Earnings (P/E)
- -6.6
- Beta (1Y)
- 0.22
- Revenue Growth
- -18.46%
- EPS Growth
- -2.89%
- Country
- TW
- Employees
- 749
- Sector
- General
- Sector Strength
- 55
- Industry
- Furnishings, Fixtures & Appliances
Techcential International Ltd. Business Overview & Revenue Model
Company Description
Techcential International Ltd, established in 2001 and based in Muar, Malaysia, specializes in the global production and distribution of wooden furniture. The company's primary focus is on American-style timber bedroom furnishings, frequently supplie...
Techcential International Ltd. Financial Statement Overview
Summary
Financial results are mixed and skewed negative. The income statement is the weak link (score 24): revenue has fallen to roughly NT$1.03 billion, down about 12% year over year, gross margin has compressed from about 19.4% in 2020 to roughly 11.3%, and the company has posted losses in four of the past five years, including a net loss of about NT$21 million this year (though narrowed from NT$48 million). The balance sheet is the clear strength (score 64), with debt cut from about NT$419 million to roughly NT$204 million, equity of about NT$448 million funding nearly 59% of assets, and debt-to-equity down to roughly 0.46 — though return on equity remains negative at about -4.8%. Cash flow (score 52) is positive but weakening, with free cash flow of around NT$18 million, down roughly 46% year over year and well below the NT$70 million generated in 2022, while capital spending has been trimmed to about NT$6 million.
Income Statement
24NegativeBalance Sheet
64PositiveCash Flow
52Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 912.90M | 1.03B | 1.16B | 1.01B | 1.15B | 894.23M |
| Gross Profit | 85.78M | 116.63M | 136.85M | 100.36M | 199.80M | 125.32M |
| EBITDA | -18.91M | 9.60M | -7.31M | 13.25M | 95.73M | 9.81M |
| Net Income | -46.52M | -21.43M | -48.41M | -23.77M | 31.23M | -25.83M |
Balance Sheet | ||||||
| Total Assets | 723.45M | 762.48M | 748.13M | 794.59M | 778.33M | 885.42M |
| Cash, Cash Equivalents and Short-Term Investments | 313.53M | 315.46M | 270.92M | 210.66M | 173.06M | 200.81M |
| Total Debt | 207.82M | 204.45M | 193.04M | 223.51M | 267.35M | 357.80M |
| Total Liabilities | 304.57M | 317.43M | 310.80M | 363.40M | 353.13M | 516.24M |
| Stockholders Equity | 422.12M | 448.16M | 440.21M | 427.62M | 418.99M | 358.63M |
Cash Flow | ||||||
| Free Cash Flow | 7.32M | 18.03M | 33.52M | 40.50M | 70.50M | -6.61M |
| Operating Cash Flow | 10.86M | 23.82M | 45.43M | 51.87M | 92.97M | 25.34M |
| Investing Cash Flow | -1.67M | 2.69M | 7.02M | -6.18M | -18.43M | -27.89M |
| Financing Cash Flow | -4.01M | -3.56M | -26.50M | 8.43M | -123.30M | -14.69M |
Techcential International Ltd. Peers Comparison
Overall Rating
- TW:661644Neutral
TW:367235Underperform
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6616 | Techcential International Ltd. | 8.40 | -1.14 | -11.95% | |
| TW:3194 | Hypernet Co Ltd | 29.90 | 14.90 | 99.33% | |
| TW:3672 | Connection Technology Systems, Inc. | 11.50 | -1.55 | -11.88% | |
| TW:5240 | ACTI Corporation | 16.40 | -7.04 | -30.02% | |
| TW:6536 | Sofone Technology Inc | 30.75 | -7.97 | -20.58% | |
| TW:6565 | ThroughTek Co., Ltd. | 14.50 | -6.15 | -29.78% |
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