Leadsun Greentech Corporation (8087) AI Stock Analysis

Leadsun Greentech Corporation

(TPEx:8087)

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Rating:34Underperform

Price Target:TWD 17.50▼(-12.06% Downside)

Action:initiatedcoverage

Date:11/09/26

Leadsun Greentech scores poorly, driven primarily by a severe financial downturn: revenue fell roughly two-thirds, margins compressed sharply, and the company swung back into operating and net losses while burning cash at the operating level. Leverage has risen sharply to 1.25x equity, leaving the business dependent on external funding until cash flow turns positive. Technicals reinforce the caution, with the price below all major moving averages and negative MACD momentum; the deeply oversold RSI and Stochastic readings point to possible short-term stabilisation rather than a trend change. Valuation offers little support — the P/E is meaningless given negligible earnings, and the 5.3% dividend yield is at risk without positive earnings and free cash flow. A sizeable asset base, a residual equity cushion and a narrowing cash burn are the main mitigating factors, but a revenue recovery and positive operating cash flow are needed before the outlook improves.

Positive Factors

Environmental Solutions FocusThe company is positioned in environmental and green-technology solutions serving commercial and industrial customers. This focus can support durable demand where customers pursue resource efficiency and lower environmental impact, while integrated project delivery may broaden its role beyond a single product.

Negative Factors

Revenue and Profit DeteriorationThe sharp 2025 revenue contraction and swing to a sizable net loss weaken the company’s earnings base and indicate that recent operating performance is not stable. Persistently weaker demand or execution would reduce reinvestment capacity and make recovery in margins and returns more difficult.

Leadsun Greentech Corporation (8087) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 690.69M
Dividend Yield: 5.29%
Average Volume (3M): 25.48K
Price to Earnings (P/E): 15604.0
Beta (1Y): 0.28
Revenue Growth: 81.74%
EPS Growth: ―
Country: TW
Employees: 43
Sector: General
Sector Strength: 55
Industry: Computer Hardware

Leadsun Greentech Corporation Business Overview & Revenue Model

Company Description

LeadSun Greentech Corporation, together with its subsidiaries, engages in the construction, development, and sale of power plants. It is also involved in the operation of renewable energy power plant development and planning consultation; investment;...

Leadsun Greentech Corporation Financial Statement Overview

Summary

Financials are in a pronounced downturn. Revenue collapsed to about NT$251 million from NT$778 million, gross margin compressed to roughly 12.4%, and the company swung to an operating loss of about NT$81 million and a net loss of roughly NT$51 million. The balance sheet is the relative bright spot but is deteriorating: total debt more than doubled to about NT$952 million, lifting debt-to-equity to 1.25x from 0.54x, while equity slipped and ROE turned negative at about -6.6%. Cash flow remains the weakest element, with operating cash flow of roughly -NT$134 million and free cash flow of about -NT$136 million, though the burn narrowed materially from the prior year. The business is not self-funding and earnings history is highly erratic.

Income Statement

22Negative

Balance Sheet

40Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	608.30M	251.50M	777.63M	203.65M	205.79M	52.09M
Gross Profit	81.93M	31.30M	113.04M	54.67M	72.91M	-3.42M
EBITDA	14.32M	-56.28M	59.62M	144.39M	82.21M	-16.26M
Net Income	46.00K	-50.62M	22.23M	119.25M	37.38M	-24.46M
Balance Sheet
Total Assets	2.28B	1.89B	1.42B	1.06B	838.50M	467.61M
Cash, Cash Equivalents and Short-Term Investments	669.67M	698.21M	321.48M	301.03M	252.23M	38.03M
Total Debt	1.15B	951.55M	451.71M	327.98M	505.65M	185.21M
Total Liabilities	1.52B	1.13B	586.87M	629.25M	542.90M	209.68M
Stockholders Equity	764.53M	763.57M	830.89M	430.28M	295.60M	257.94M
Cash Flow
Free Cash Flow	-65.67M	-136.16M	-356.08M	24.22M	-50.45M	-24.12M
Operating Cash Flow	-58.65M	-134.35M	-277.97M	92.64M	82.82M	-17.90M
Investing Cash Flow	-278.81M	13.62M	-146.93M	233.03M	-183.78M	-114.15M
Financing Cash Flow	105.39M	493.62M	445.35M	-276.86M	318.43M	111.55M

Leadsun Greentech Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8087 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:7715	59Neutral	TWD 759.95M	16.05	―	20.63%	-44.65%	-84.66%
TW:4530	57Neutral	TWD 909.19M	-169.33	―	―	74.08%	93.83%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6624	49Neutral	TWD 784.64M	60.61	―	0.83%	-17.24%	-47.87%
TW:8087	34Underperform	TWD 730.41M	15604.00	―	5.29%	81.74%	―
TW:3018	29Underperform	TWD 745.49M	-2.79	―	―	-56.49%	-244.54%

* General Sector Average

Performance Comparison

TW:8087 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8087	Leadsun Greentech Corporation	19.90	-17.80	-47.21%
TW:3018	Lung Ming Green Energy Technology Engineering Co Ltd.	9.15	-3.05	-25.00%
TW:4530	Tianyi Water Energy Solutions Inc.	25.40	-3.76	-12.88%
TW:6624	Ever-Clear Environmental Eng. Corp.	36.00	1.24	3.57%
TW:7715	Yuh Shan Environmental Engineering Co., Ltd.	24.00	-4.18	-14.85%
TW:7833	Greenrock Energy Co., Ltd.	19.00	-31.61	-62.46%

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

Leadsun Greentech Corporation AI Stock Analysis