Gish International Co., Ltd. (8067) AI Stock Analysis

Gish International Co., Ltd.

(TPEx:8067)

Select Model

Rating:42Neutral

Price Target:TWD 12.00▼(-3.23% Downside)

Action:initiatedcoverage

Date:11/10/26

Weak financial performance driven by revenue declines, sustained losses, high leverage, and cash burn is the dominant factor limiting the score. Neutral technical momentum offers minor support, while stretched valuation multiples add further pressure.

Positive Factors

Improved Gross MarginThe material improvement in gross margin indicates better economics on sales than in earlier periods. If maintained, it could provide a foundation for operating recovery, although the benefit has not yet translated into positive operating profit or sustainable net earnings.

Negative Factors

Declining RevenueA prolonged revenue decline weakens scale, market reach, and the company’s ability to absorb fixed operating costs. Continued contraction also makes a durable return to profitability more difficult, because improved margins would be applied to a shrinking sales base.

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

Sharp revenue decline from 2020 peaks, persistent negative EBIT and net losses, debt-to-equity at 1.46, and deeply negative operating and free cash flows indicate significant financial strain and elevated risk.

Income Statement

38Negative

Balance Sheet

25Negative

Cash Flow

20Very Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8067 against its peers
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

TW:8067 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8067	Gish International Co., Ltd.	12.40	-2.75	-18.15%
TW:3672	Connection Technology Systems, Inc.	11.50	-1.60	-12.21%
TW:5348	Empower Technology Corporation	16.60	-2.20	-11.70%
TW:6103	Avid Electronics Corp.	31.95	-6.70	-17.34%
TW:6228	Pacific Image Electronics Co., Ltd.	18.45	-9.25	-33.39%
TW:6512	GoMax Electronics, Inc.	19.90	-0.75	-3.63%

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

Gish International Co., Ltd. AI Stock Analysis