Eland Information Co., Ltd (6925) AI Stock Analysis

Eland Information Co., Ltd

(TPEx:6925)

Select Model

Rating:77Outperform

Price Target:TWD 119.00▲(13.88% Upside)

Action:initiatedcoverage

Date:11/09/26

Eland Information scores well on the strength of its financials: double-digit revenue and earnings growth, high software margins, a virtually debt-free balance sheet, and cash generation that exceeds reported profits. Technical signals reinforce the case, with the price trading above all key moving averages and a strongly positive MACD, while RSI and Stochastic remain neutral. The score is held back by a demanding 38x P/E that leaves little room for disappointment, a modest 1.9% dividend yield, and a share price extended well above its longer-term averages. Secondary watch items include the steady erosion of gross margin, a return on equity that has fallen to 14.6% after the recent equity increase, and the earnings volatility that comes with a small revenue base. No earnings call or corporate event data was available, so those components were excluded and their weight redistributed.

Positive Factors

High Profitability and Revenue GrowthThe company combines steady revenue expansion with strong software-services profitability, creating substantial operating leverage and earnings resilience. High gross, EBIT, and net margins provide resources to reinvest in growth, absorb moderate cost pressure, and preserve competitive strength over the next several quarters.

Negative Factors

Margin CompressionThe decline in gross margin indicates that some of the company’s previously exceptional profitability has not been fully sustained. If the pressure reflects pricing or higher delivery costs, continued compression could limit operating leverage and reduce the benefit of future revenue growth.

Eland Information Co., Ltd (6925) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.97B
Dividend Yield: 1.91%
Average Volume (3M): 1.19M
Price to Earnings (P/E): 34.7
Beta (1Y): 0.11
Revenue Growth: 11.97%
EPS Growth: 2.55%
Country: TW
Employees: 116
Sector: General
Sector Strength: 55
Industry: Software - Services

Eland Information Co., Ltd Business Overview & Revenue Model

Company Description

eLand Information Co., Ltd is a globally-active intelligent data analytics firm dedicated to the research and development of cutting-edge software technologies, with operations spanning both China and international markets. Its expertise lies in craf...

Eland Information Co., Ltd Financial Statement Overview

Summary

Eland Information combines solid growth with an unusually conservative financial structure. Revenue rose about 15% to NT$210.2 million and net income climbed roughly 23% to NT$59.3 million, supported by software-like profitability (75.9% gross margin, 33.8% operating margin, 28.2% net margin). The balance sheet is the standout: essentially debt-free with NT$3.9 million of debt against NT$407.5 million of equity, which funds about 87% of assets. Cash flow is high quality, with operating cash flow of NT$73.8 million covering net income 1.28 times and free cash flow of NT$63.2 million. Offsetting these strengths are a multi-year slide in gross margin (from roughly 85% in 2020 to 76% in 2025), return on equity drifting down to 14.6% after the 2025 equity increase, and earnings volatility inherent to a small revenue base, as seen in the 2023 dip.

Income Statement

80Positive

Balance Sheet

90Very Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	215.44M	210.19M	183.39M	165.07M	168.90M	153.88M
Gross Profit	160.27M	159.45M	149.07M	131.97M	140.46M	124.24M
EBITDA	83.80M	85.41M	72.26M	56.23M	76.81M	65.27M
Net Income	58.14M	59.31M	48.37M	35.84M	52.00M	42.91M
Balance Sheet
Total Assets	506.79M	466.45M	321.12M	302.13M	283.00M	233.12M
Cash, Cash Equivalents and Short-Term Investments	373.42M	392.70M	260.70M	230.89M	227.66M	172.03M
Total Debt	59.44M	3.91M	13.13M	22.13M	3.22M	14.07M
Total Liabilities	117.69M	58.95M	53.97M	57.10M	47.33M	49.76M
Stockholders Equity	389.10M	407.50M	267.15M	245.03M	235.66M	183.36M
Cash Flow
Free Cash Flow	59.21M	63.16M	61.98M	35.90M	62.29M	53.03M
Operating Cash Flow	80.59M	73.78M	67.29M	44.61M	62.90M	57.73M
Investing Cash Flow	3.95M	-117.64M	-4.04M	-108.83M	-1.18M	-3.01M
Financing Cash Flow	-49.21M	71.41M	-35.86M	-34.43M	-8.47M	-44.23M

Eland Information Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6925 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6590	82Outperform	TWD 2.15B	19.62	―	3.06%	10.69%	-8.66%
TW:6925	77Outperform	TWD 1.99B	34.71	―	1.91%	11.97%	2.55%
TW:5438	58Neutral	TWD 2.12B	-5.59	―	4.05%	-32.73%	-411.13%
TW:4905	56Neutral	TWD 2.30B	6.46	―	1.88%	26.29%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:6925 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6925	Eland Information Co., Ltd	104.50	2.50	2.45%
TW:4905	Tainet Communication System Corp.	79.70	11.85	17.46%
TW:5438	Teco Image Systems Co., Ltd.	18.50	-1.86	-9.14%
TW:6590	Provision Information Co., Ltd.	79.60	15.25	23.70%
TW:7631	GENII IDEAS Co., Ltd.	120.50	-4.47	-3.58%
TW:7875	Altos Computing, Inc.	99.90	48.64	94.89%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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

Eland Information Co., Ltd AI Stock Analysis