Greenfiltec Ltd. AI Stock Analysis
Greenfiltec Ltd. (6823) AI Stock Analysis
Greenfiltec Ltd.
(TPEx:6823)
Greenfiltec scores poorly, driven primarily by weak financial performance: three straight years of losses, a widening NT$210M net loss, razor-thin 5.3% gross margins, leverage above 1.0x equity with eroding book value, and negative free cash flow in five of the last six years. Technicals reinforce the caution, with the share price below all major moving averages and a negative MACD, though deeply oversold RSI and Stochastic readings suggest scope for a short-term bounce. Valuation provides no support given the negative P/E and absence of a dividend. Partial offsets include a meaningful revenue rebound to NT$635M, a return to positive gross margin, debt reduction and a far smaller cash burn — early signs of a turnaround that must still translate into profitability and positive cash flow before the risk profile improves.
Greenfiltec Ltd. (6823) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.70B
- Dividend Yield
- ―
- Average Volume (3M)
- 66.41K
- Price to Earnings (P/E)
- -5.4
- Beta (1Y)
- 0.63
- Revenue Growth
- 10.22%
- EPS Growth
- -89.58%
- Country
- TW
- Employees
- 194
- Sector
- General
- Sector Strength
- 55
- Industry
- Industrial - Pollution & Treatment Controls
Greenfiltec Ltd. Business Overview & Revenue Model
Company Description
Greenfiltec Ltd. is a Taiwan-based company, established in 2014 and headquartered in Taoyuan City, that provides advanced solutions for the prevention and control of airborne molecular contaminants (AMC) to the semiconductor and panel industries worl...
Greenfiltec Ltd. Financial Statement Overview
Summary
Fundamentals are weak across all three statements. The income statement (22) reflects three consecutive loss-making years, a gross margin collapse from roughly 30% in 2020-2022 to just 5.3% today, an operating margin of -24.7% and a widening NT$210M net loss. The balance sheet (34) shows leverage at 1.16x equity after debt ballooned to NT$577M, equity funding only ~41% of assets, and ROE of -42%, though debt reduction from NT$702M and improved leverage are modest positives. Cash flow (30) remains negative, with -NT$34M operating cash flow and -NT$67M free cash flow, albeit a sharp improvement from the prior year's heavy burn. The revenue rebound to NT$635M, lower debt and smaller cash burn are encouraging, but this remains a high-risk turnaround that has yet to produce profits or positive cash flow.
Income Statement
22NegativeBalance Sheet
34NegativeCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 683.39M | 635.18M | 446.85M | 472.32M | 1.08B | 828.91M |
| Gross Profit | -74.39M | 33.94M | -439.00K | 108.97M | 318.66M | 238.07M |
| EBITDA | -189.75M | -73.89M | -105.39M | 3.99M | 159.17M | 140.04M |
| Net Income | -328.60M | -210.49M | -162.30M | -24.23M | 107.79M | 96.99M |
Balance Sheet | ||||||
| Total Assets | 1.22B | 1.22B | 1.28B | 1.36B | 1.07B | 774.06M |
| Cash, Cash Equivalents and Short-Term Investments | 122.64M | 161.08M | 125.37M | 384.57M | 303.86M | 134.48M |
| Total Debt | 579.63M | 576.83M | 702.16M | 610.60M | 166.16M | 175.05M |
| Total Liabilities | 719.77M | 721.41M | 803.50M | 727.72M | 381.64M | 375.12M |
| Stockholders Equity | 495.52M | 498.25M | 467.83M | 613.06M | 690.78M | 398.94M |
Cash Flow | ||||||
| Free Cash Flow | -207.16M | -67.48M | -333.42M | -275.11M | -182.00K | -57.44M |
| Operating Cash Flow | -178.87M | -34.49M | -135.10M | 13.11M | 196.73M | 21.22M |
| Investing Cash Flow | -15.72M | -50.38M | -194.75M | -288.67M | -198.91M | -88.15M |
| Financing Cash Flow | 154.04M | 120.78M | 66.64M | 356.32M | 175.56M | 106.20M |
Greenfiltec Ltd. Peers Comparison
Overall Rating
TW:173553Neutral- TW:682332Underperform
Financial Indicators
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6823 | Greenfiltec Ltd. | 53.50 | -28.10 | -34.44% | |
| TW:1735 | Evermore Chemical Industry Co., Ltd. | 19.10 | 4.67 | 32.34% | |
| TW:6887 | BORETECH Resource Recovery Engineering Co Ltd | 25.10 | -35.72 | -58.73% | |
| TW:7507 | Enrestec, Inc. | 19.20 | -22.20 | -53.62% | |
| TW:7857 | AsWater Advanced Envirotech Ltd | 24.15 | -16.79 | -41.01% | |
| TW:7914 | Solming Green Energy Co., Ltd. | 30.90 | -8.70 | -21.97% |
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