Panram International Corp. (8088) AI Stock Analysis

Panram International Corp.

(TPEx:8088)

Select Model

Rating:55.7Neutral

Price Target:TWD 37.00▲(1.65% Upside)

Action:initiatedcoverage

Date:11/10/26

The overall score is constrained by a severe divergence between reported profits and actual cash generation, which is a major red flag. This is compounded by a very weak technical picture, with the stock in a strong downtrend and deeply oversold. A low P/E ratio and high dividend yield provide some valuation support, but they are insufficient to offset the significant fundamental and technical headwinds.

Positive Factors

Revenue ReboundThe 2025 revenue rebound shows the company can regain growth after a weaker period, supporting business resilience and renewed demand. If maintained, stronger sales can improve operating leverage, fund investment, and provide a larger base for earnings generation over the next several quarters.

Negative Factors

Negative Cash GenerationThe sharp shift to deeply negative operating and free cash flow is a major fundamental weakness because reported earnings are not currently converting into liquidity. Persistent cash outflows could increase funding needs, constrain investment choices, and weaken financial flexibility even with low leverage.

Panram International Corp. (8088) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.22B
Dividend Yield: 4.12%
Average Volume (3M): 434.12K
Price to Earnings (P/E): 12.1
Beta (1Y): 1.12
Revenue Growth: 61.53%
EPS Growth: 754.38%
Country: TW
Employees: 475
Sector: General
Sector Strength: 55
Industry: Computer Hardware

Panram International Corp. Business Overview & Revenue Model

Company Description

Panram International Corp., a Taiwan-based enterprise, specializes in the development, production, and distribution of memory modules, flash memory products, and associated application solutions. It further provides comprehensive original design manu...

Panram International Corp. Financial Statement Overview

Summary

Financial performance is mixed. The income statement shows a strong revenue recovery and restored profitability, and the balance sheet is a fortress with minimal debt. However, the cash flow statement is deeply negative, indicating earnings are not converting to cash, which is a critical weakness that drags the overall financial health score down significantly.

Income Statement

72Positive

Balance Sheet

85Very Positive

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.95B	1.68B	1.08B	1.52B	1.76B	1.84B
Gross Profit	282.04M	182.75M	3.47M	244.26M	318.19M	210.47M
EBITDA	269.83M	188.84M	81.34M	274.73M	355.07M	253.47M
Net Income	182.44M	103.50M	10.04M	159.25M	211.98M	99.87M
Balance Sheet
Total Assets	1.55B	1.38B	1.16B	1.37B	1.41B	1.19B
Cash, Cash Equivalents and Short-Term Investments	247.68M	74.85M	383.26M	540.06M	570.46M	317.49M
Total Debt	233.18M	137.05M	18.89M	8.93M	17.28M	30.27M
Total Liabilities	429.01M	274.62M	136.54M	205.69M	260.60M	184.47M
Stockholders Equity	1.12B	1.10B	1.02B	1.17B	1.15B	1.00B
Cash Flow
Free Cash Flow	-231.41M	-398.85M	14.59M	126.64M	340.85M	131.38M
Operating Cash Flow	-199.00M	-366.14M	53.53M	168.55M	408.07M	225.52M
Investing Cash Flow	-30.50M	-33.79M	-39.23M	-40.57M	-65.23M	-132.11M
Financing Cash Flow	190.37M	89.36M	-171.10M	-158.38M	-89.87M	-455.24M

Panram International Corp. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8088 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6233	56Neutral	TWD 2.85B	62.46	―	2.29%	2.62%	―
TW:8088	56Neutral	TWD 2.23B	12.13	―	4.12%	61.53%	754.38%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3207	34Underperform	TWD 1.92B	-13.20	―	―	17.17%	-859.04%
TW:3224	31Underperform	TWD 2.34B	-37.53	―	―	18.12%	-31.75%

* General Sector Average

Performance Comparison

TW:8088 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8088	Panram International Corp.	36.40	-8.09	-18.19%
TW:3207	Yao Sheng Electronic Co., Ltd.	30.50	-38.00	-55.47%
TW:3224	Metatech (Ap) Inc.	30.05	-18.45	-38.04%
TW:5262	Gigastone Corp.	45.50	10.45	29.81%
TW:6233	Prolific Technology Inc.	32.80	13.59	70.74%
TW:7945	Qsan Technology, Inc.	190.00	-105.00	-35.59%

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

Panram International Corp. AI Stock Analysis