Gish International Co., Ltd. AI Stock Analysis
Gish International Co., Ltd. (8067) AI Stock Analysis
Gish International Co., Ltd.
(TPEx:8067)
The score is dominated by a high-risk financial profile: a multi-year revenue contraction, losses and negative free cash flow in every year on record, the widest operating loss of the period, and rising leverage (1.46x debt-to-equity) as accumulated losses erode equity. Partially offsetting this are clear signs of self-help — gross margin expansion to 41%, a roughly 60% reduction in net losses from the 2020 peak, and sharply lower cash burn. Valuation adds little support, with a 49.8x P/E and no dividend. Technicals are neutral: the stock has firmed above its short-term moving averages but still trades below its 100- and 200-day averages, leaving the longer-term downtrend intact.
Gish International Co., Ltd. (8067) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 240.12M
- Dividend Yield
- ―
- Average Volume (3M)
- 17.18K
- Price to Earnings (P/E)
- 52.3
- Beta (1Y)
- 0.11
- Revenue Growth
- -15.43%
- EPS Growth
- -38.24%
- Country
- TW
- Employees
- 80
- Sector
- General
- Sector Strength
- 55
- Industry
- Technology Distributors
Gish International Co., Ltd. Business Overview & Revenue Model
Company Description
Gish International Co., Ltd functions as a distributor, supplying products like fragrances and beauty items across a wide international scope. Its operations extend to markets in Japan, Singapore, China, Hong Kong, Canada, the United States, Australi...
Gish International Co., Ltd. Financial Statement Overview
Summary
Very weak fundamentals across all three statements. Revenue has collapsed roughly 59% since 2020 (NT$259m to NT$107m) and the company has been loss-making every year on record, with the operating loss widening to NT$29.3m (-27% margin) despite gross margin nearly doubling to 41%. Free cash flow has never been positive, though the latest year's burn moderated to NT$8.1m. The balance sheet is the strongest element but is eroding: equity has fallen every year to NT$142m while debt-to-equity has climbed to 1.46x and ROE sits near -8.6%. Margin self-help and narrowing losses are genuine positives, but without revenue stabilization and positive operating cash flow the equity cushion keeps thinning.
Income Statement
16Very NegativeBalance Sheet
33NegativeCash Flow
13Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 95.65M | 107.04M | 109.42M | 104.03M | 146.51M | 228.38M |
| Gross Profit | 44.82M | 44.05M | 49.42M | 41.95M | 54.17M | 68.48M |
| EBITDA | 2.97M | -23.74M | -5.35M | -6.44M | -12.04M | -17.43M |
| Net Income | 5.16M | -12.13M | -14.60M | -15.00M | -19.13M | -27.62M |
Balance Sheet | ||||||
| Total Assets | 369.46M | 369.40M | 388.26M | 371.12M | 351.44M | 372.86M |
| Cash, Cash Equivalents and Short-Term Investments | 130.31M | 120.89M | 131.00M | 105.17M | 62.81M | 72.10M |
| Total Debt | 204.99M | 207.15M | 195.55M | 181.99M | 179.75M | 170.77M |
| Total Liabilities | 224.05M | 227.62M | 229.00M | 201.04M | 201.60M | 198.23M |
| Stockholders Equity | 145.41M | 141.78M | 159.26M | 169.99M | 149.01M | 174.00M |
Cash Flow | ||||||
| Free Cash Flow | -969.00K | -8.12M | -11.62M | -26.12M | -3.67M | -24.56M |
| Operating Cash Flow | -842.00K | -5.03M | -11.62M | -26.12M | -3.72M | -24.56M |
| Investing Cash Flow | 11.31M | 15.64M | -4.37M | -13.30M | -24.17M | 122.84M |
| Financing Cash Flow | -23.64M | -13.65M | 22.00M | 38.04M | 11.38M | -85.76M |
Gish International Co., Ltd. Peers Comparison
Overall Rating
TW:534851Neutral
TW:610344Neutral
TW:651243Neutral- TW:806742Neutral
TW:622840Underperform
TW:367235Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:5348 | 51Neutral | TWD 239.37M | -13.61 | ― | ― | 11.22% | -2.08% |
| TW:6103 | 44Neutral | TWD 417.67M | -13478.26 | ― | 0.61% | -4.14% | -100.17% |
| TW:6512 | 43Neutral | TWD 503.94M | -10.00 | ― | ― | -51.46% | -136.41% |
| TW:8067 | 42Neutral | TWD 252.54M | 52.29 | ― | ― | -15.43% | -38.24% |
| TW:6228 | 40Underperform | TWD 519.10M | -76.88 | ― | ― | 14.18% | 73.64% |
| TW:3672 | 35Underperform | TWD 458.89M | -6.42 | ― | ― | -24.99% | 15.20% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8067 | Gish International Co., Ltd. | 12.40 | -2.20 | -15.07% | |
| TW:3672 | Connection Technology Systems, Inc. | 11.50 | -1.55 | -11.88% | |
| TW:5348 | Empower Technology Corporation | 16.60 | -2.35 | -12.40% | |
| TW:6103 | Avid Electronics Corp. | 31.95 | -6.70 | -17.34% | |
| TW:6228 | Pacific Image Electronics Co., Ltd. | 18.45 | -9.05 | -32.91% | |
| TW:6512 | GoMax Electronics, Inc. | 19.90 | -1.25 | -5.91% |
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