Ampire Co., Ltd. AI Stock Analysis
Ampire Co., Ltd. (8049) AI Stock Analysis
Ampire Co., Ltd.
(TPEx:8049)
Ampire scores above average, driven by exceptional financial durability: an essentially debt-free balance sheet, steady equity accumulation and solid free cash flow generation. Valuation adds support, with a low 11.3x P/E and a well-covered 6.26% dividend yield in a low-beta stock. These strengths are offset by a materially smaller earnings base after the 2024 revenue decline, halved return on equity as capital builds up unproductively, and a weak technical picture with the share price below all major moving averages and negative MACD. Deeply oversold momentum readings suggest the selling may be stretched, but confirmation of a growth and efficiency recovery is needed for a higher score.
Ampire Co., Ltd. (8049) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.67B
- Dividend Yield
- 6.19%
- Average Volume (3M)
- 133.39K
- Price to Earnings (P/E)
- 11.4
- Beta (1Y)
- 0.35
- Revenue Growth
- 4.38%
- EPS Growth
- 18.31%
- Country
- TW
- Employees
- 539
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Ampire Co., Ltd. Business Overview & Revenue Model
Company Description
Ampire Co., Ltd. manufactures and sells liquid crystal display (LCD) modules for industrial applications in the Oceania, Taiwan, Asia, Africa, the Americas, and Europe. It offers TFT and UART modules, and touch panels, as well as graphic, character,...
Ampire Co., Ltd. Financial Statement Overview
Summary
A fortress balance sheet (score 89) anchors the profile: total debt of roughly NT$74 million against NT$2.69 billion of equity (0.03 debt-to-equity), with equity funding nearly 89% of assets and growing consistently. Cash flow (72) is healthy and capital-light, with about NT$192 million of free cash flow covering roughly 90% of net income, though operating cash flow has eased from prior-year levels and has historically been lumpy. The income statement (63) is the weak link: revenue reset sharply lower in 2024 (-37%) and remains far below the 2022 peak, though TTM revenue is up 2.9% and margins are improving (gross 30.5%, net 17.5%, EBIT 18.8%). Return on equity has compressed to about 9.5% from 21.6% in 2022, signalling an under-worked capital base.
Income Statement
63PositiveBalance Sheet
89Very PositiveCash Flow
72Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.35B | 1.31B | 1.32B | 2.09B | 2.42B | 2.03B |
| Gross Profit | 412.13M | 368.80M | 363.84M | 642.47M | 691.11M | 510.29M |
| EBITDA | 307.91M | 291.54M | 392.31M | 542.09M | 596.45M | 427.26M |
| Net Income | 235.89M | 203.01M | 295.71M | 401.17M | 451.68M | 309.08M |
Balance Sheet | ||||||
| Total Assets | 3.01B | 2.72B | 2.49B | 2.56B | 2.58B | 2.47B |
| Cash, Cash Equivalents and Short-Term Investments | 869.37M | 929.13M | 913.84M | 942.57M | 626.76M | 676.41M |
| Total Debt | 73.71M | 69.31M | 22.31M | 43.19M | 49.22M | 68.70M |
| Total Liabilities | 325.18M | 336.28M | 281.53M | 356.34M | 488.75M | 465.99M |
| Stockholders Equity | 2.69B | 2.38B | 2.21B | 2.20B | 2.09B | 2.00B |
Cash Flow | ||||||
| Free Cash Flow | 192.02M | 273.50M | 218.94M | 717.95M | 334.91M | 157.83M |
| Operating Cash Flow | 214.51M | 282.43M | 259.57M | 728.43M | 372.75M | 170.45M |
| Investing Cash Flow | -43.30M | -80.22M | 35.23M | -387.99M | -95.79M | 106.22M |
| Financing Cash Flow | -184.24M | -257.48M | -341.30M | -375.65M | -268.78M | -216.80M |
Ampire Co., Ltd. Peers Comparison
Overall Rating
TW:649874Outperform
TW:495173Outperform- TW:804966Neutral
TW:303860Neutral
TW:658836Underperform
TW:810433Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6498 | 74Outperform | TWD 2.48B | 5.88 | ― | 8.18% | 11.55% | 0.64% |
| TW:4951 | 73Outperform | TWD 2.53B | 12.05 | ― | 5.99% | 3.87% | 39.70% |
| TW:8049 | 66Neutral | TWD 2.67B | 11.36 | ― | 6.19% | 4.38% | 18.31% |
| TW:3038 | 60Neutral | TWD 2.87B | 15.37 | ― | 6.43% | -9.99% | 1.97% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6588 | 36Underperform | TWD 2.67B | 426.31 | ― | ― | 94.18% | ― |
| TW:8104 | 33Underperform | TWD 2.74B | -31.81 | ― | 0.37% | -25.80% | -414.29% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8049 | Ampire Co., Ltd. | 22.60 | -1.22 | -5.11% | |
| TW:3038 | Emerging Display Technologies Corp | 18.65 | -1.56 | -7.73% | |
| TW:4951 | Feature Integration Technology Inc. | 75.10 | 8.79 | 13.26% | |
| TW:6498 | POWERTIP IMAGE CORP | 55.00 | -32.45 | -37.11% | |
| TW:6588 | East Tender Optoelectronics Corp. | 79.00 | 50.75 | 179.65% | |
| TW:8104 | RiTdisplay Corp | 26.30 | -5.00 | -15.97% |
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