Taiwan Auto-Design Co. AI Stock Analysis
Taiwan Auto-Design Co. (6791) AI Stock Analysis
Taiwan Auto-Design Co.
(TPEx:6791)
Taiwan Auto-Design earns a moderate score. Its greatest strength is a conservatively financed balance sheet with very little debt, solid 17.8% return on equity, and record revenue growth supported by improving gross margins. However, profits have stalled for three straight years and cash conversion deteriorated sharply in 2025, suggesting the business is growing without scaling efficiently. Valuation partially offsets this, with a reasonable 17.8x P/E and an attractive 4.14% dividend yield. The main drag is technical: the stock sits well below all major moving averages with negative MACD momentum, and while oversold readings hint at a possible near-term bounce, the broader trend remains downward.
Taiwan Auto-Design Co. (6791) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.83B
- Dividend Yield
- 4.10%
- Average Volume (3M)
- 13.94K
- Price to Earnings (P/E)
- 18.3
- Beta (1Y)
- 0.94
- Revenue Growth
- 7.37%
- EPS Growth
- 15.05%
- Country
- TW
- Employees
- 108
- Sector
- General
- Sector Strength
- 55
- Industry
- Software - Infrastructure
Taiwan Auto-Design Co. Business Overview & Revenue Model
Company Description
Taiwan Auto-Design Co., founded in 1980 and based in New Taipei City, Taiwan, specializes in providing engineering analysis and SAP system software. Their extensive offerings include Ansys software, which facilitates diverse simulations like structur...
Taiwan Auto-Design Co. Financial Statement Overview
Summary
A solid but mixed financial profile. The balance sheet is the standout strength (score 82): debt-to-equity of just 0.12, equity funding 56% of assets, and a healthy 17.8% return on equity leave minimal financial risk. The income statement (score 66) shows record revenue of NT$806 million and improved gross margin of 41.0%, but operating and net profit have been flat near NT$84-87 million for three years, compressing net margin to 10.8% as operating costs absorb all growth. Cash flow is the weak link (score 55), with operating cash flow falling to NT$54.8 million and free cash flow to NT$41.2 million, and earnings-to-cash conversion slipping to 75%. Overall: financially stable and low-risk, but not yet scaling efficiently.
Income Statement
66PositiveBalance Sheet
82Very PositiveCash Flow
55Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 840.89M | 805.62M | 675.51M | 602.34M | 535.59M | 471.81M |
| Gross Profit | 336.58M | 330.48M | 259.43M | 246.15M | 220.47M | 216.01M |
| EBITDA | 135.65M | 134.03M | 115.32M | 116.48M | 109.06M | 104.90M |
| Net Income | 98.48M | 86.81M | 86.82M | 80.61M | 72.45M | 70.85M |
Balance Sheet | ||||||
| Total Assets | 859.50M | 875.14M | 847.80M | 746.01M | 720.54M | 587.69M |
| Cash, Cash Equivalents and Short-Term Investments | 285.26M | 329.10M | 301.95M | 340.88M | 408.82M | 279.98M |
| Total Debt | 62.27M | 57.90M | 43.92M | 41.26M | 56.81M | 99.82M |
| Total Liabilities | 355.02M | 351.01M | 371.98M | 286.29M | 275.06M | 270.92M |
| Stockholders Equity | 470.27M | 488.25M | 475.82M | 459.72M | 445.48M | 316.77M |
Cash Flow | ||||||
| Free Cash Flow | 44.09M | 41.23M | 72.45M | 65.88M | 135.03M | 78.45M |
| Operating Cash Flow | 52.59M | 54.83M | 78.98M | 71.69M | 140.10M | 83.61M |
| Investing Cash Flow | -11.74M | 58.72M | -32.93M | -22.82M | -6.30M | -7.33M |
| Financing Cash Flow | -86.17M | -86.40M | -84.97M | -116.81M | -4.95M | -68.81M |
Taiwan Auto-Design Co. Peers Comparison
Overall Rating
TW:646563Neutral- TW:679163Neutral
TW:453558Neutral
TW:152156Neutral
TW:153155Neutral
TW:620454Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6465 | 63Neutral | TWD 2.20B | 8.56 | ― | 0.50% | 135.76% | ― |
| TW:6791 | 63Neutral | TWD 1.78B | 18.31 | ― | 4.10% | 7.37% | 15.05% |
| TW:4535 | 58Neutral | TWD 1.96B | 22.41 | ― | 3.09% | -11.46% | -28.88% |
| TW:1521 | 56Neutral | TWD 1.85B | 14.18 | ― | 3.09% | 9.34% | 174.14% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1531 | 55Neutral | TWD 1.94B | 39.81 | ― | 9.30% | -9.49% | ― |
| TW:6204 | 54Neutral | TWD 2.02B | 82.83 | ― | 0.57% | 2.29% | -22.84% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6791 | Taiwan Auto-Design Co. | 88.00 | -14.99 | -14.56% | |
| TW:1521 | Ta Yih Industrial Co., Ltd. | 24.20 | -0.03 | -0.12% | |
| TW:1531 | Kaulin Manufacturing Co. Ltd. | 10.85 | -0.09 | -0.80% | |
| TW:4535 | Fine Blanking & Tool Co., Ltd. | 25.85 | -1.47 | -5.40% | |
| TW:6204 | Taiwan Alpha Electronic Co., Ltd. | 87.30 | 13.92 | 18.96% | |
| TW:6465 | ATrack Technology Inc | 38.70 | 22.29 | 135.83% |
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