Thunder Tiger Corp. AI Stock Analysis
Thunder Tiger Corp. (8033) AI Stock Analysis
Thunder Tiger Corp.
(TWSE:8033)
Thunder Tiger scores low overall. The dominant drag is financial performance: despite record revenue and a much healthier, deleveraged balance sheet, margins collapsed in 2025, the core business ran an operating loss, and free cash flow has been negative for six straight years, meaning growth is being financed rather than self-funded. Technicals reinforce the caution, with the price well below all key moving averages and negative MACD momentum, though deeply oversold RSI and Stochastic readings hint at potential for a short-term rebound. Valuation adds further risk, as a P/E of 278 is hard to justify against low-quality, non-operating-driven earnings and no dividend support. The balance sheet strength is the main offset, providing flexibility while management attempts to restore margins and cash generation.
Thunder Tiger Corp. (8033) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 24.04B
- Dividend Yield
- ―
- Average Volume (3M)
- 4.04M
- Price to Earnings (P/E)
- 436.4
- Beta (1Y)
- 1.11
- Revenue Growth
- 14.04%
- EPS Growth
- -65.02%
- Country
- TW
- Employees
- 208
- Sector
- General
- Sector Strength
- 55
- Industry
- Leisure
Thunder Tiger Corp. Business Overview & Revenue Model
Company Description
Thunder Tiger Corp. is a global manufacturer and distributor primarily renowned for its remote-controlled (RC) cars. Beyond its core RC vehicle offerings, the company provides a diverse range of RC craft, encompassing speedboats, sailing yachts, and...
Thunder Tiger Corp. Financial Statement Overview
Summary
Revenue has grown for two consecutive years to a record NT$1.42 billion, and the balance sheet strengthened markedly in 2025 with equity rising to NT$1.88 billion and debt-to-equity falling to a conservative 0.39. However, the quality of earnings is weak: gross margin compressed nearly 10 points to 32.6%, the company swung to an operating loss of about NT$44 million, and reported net income of NT$87.6 million appears driven by non-operating items. Cash flow is the biggest concern, with operating cash flow back to roughly -NT$145 million and free cash flow of about -NT$372 million, extending a six-year streak of negative free cash flow and leaving the company reliant on external funding. Return on equity remains low near 4.7%.
Income Statement
44NeutralBalance Sheet
63PositiveCash Flow
21Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.51B | 1.42B | 1.25B | 985.13M | 1.09B | 1.18B |
| Gross Profit | 477.25M | 464.40M | 529.00M | 391.01M | 413.17M | 435.96M |
| EBITDA | 96.15M | 76.87M | 207.01M | 80.37M | 126.59M | 158.44M |
| Net Income | 78.67M | 87.64M | 71.76M | -25.87M | 24.44M | 22.18M |
Balance Sheet | ||||||
| Total Assets | 4.49B | 3.07B | 2.63B | 2.18B | 1.69B | 1.44B |
| Cash, Cash Equivalents and Short-Term Investments | 864.89M | 429.06M | 481.87M | 356.41M | 291.34M | 279.95M |
| Total Debt | 629.21M | 734.16M | 891.07M | 670.68M | 490.42M | 252.19M |
| Total Liabilities | 1.05B | 1.00B | 1.17B | 841.77M | 680.57M | 470.82M |
| Stockholders Equity | 3.26B | 1.88B | 1.29B | 1.20B | 854.12M | 826.05M |
Cash Flow | ||||||
| Free Cash Flow | -1.12B | -372.35M | -15.38M | -410.84M | -59.97M | -25.74M |
| Operating Cash Flow | -235.97M | -145.22M | 78.29M | -96.14M | 21.66M | 31.50M |
| Investing Cash Flow | -921.81M | -293.32M | -137.37M | -301.88M | -311.13M | -69.55M |
| Financing Cash Flow | 1.17B | 280.96M | 114.27M | 396.29M | 235.91M | 87.02M |
Thunder Tiger Corp. Peers Comparison
Overall Rating
TW:458375Outperform
TW:775167Neutral
TW:657956Neutral
TW:235953Neutral- TW:803341Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:4583 | 75Outperform | TWD 27.58B | 24.59 | ― | 2.84% | 13.85% | 24.76% |
| TW:7751 | 67Neutral | TWD 30.52B | 46.21 | ― | 1.49% | ― | ― |
| 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% |
| TW:2359 | 53Neutral | TWD 17.00B | 15.07 | ― | 0.99% | 5.84% | 557.35% |
| TW:8033 | 41Neutral | TWD 23.05B | 436.36 | ― | ― | 14.04% | -65.02% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8033 | Thunder Tiger Corp. | 143.00 | 24.13 | 20.30% | |
| TW:2359 | Solomon Technology Corp. | 101.00 | -23.60 | -18.94% | |
| TW:4583 | Apex Dynamics, Inc. | 352.00 | -319.96 | -47.62% | |
| TW:4585 | Techman Robot, Inc. | 219.00 | -137.98 | -38.65% | |
| TW:6579 | AAEON Technology Inc. | 136.00 | 20.19 | 17.44% | |
| TW:7751 | Horng Terng Automation Co Ltd | 1205.00 | 745.58 | 162.29% |
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