ATW Technology Incorporated AI Stock Analysis
ATW Technology Incorporated (8097) AI Stock Analysis
ATW Technology Incorporated
(TPEx:8097)
ATW Technology scores low primarily because of weak operating performance: 2025 brought a swing back to a net loss, a sharp gross margin contraction from 29% to 16.5%, and a fourth year of negative free cash flow in six, with accumulated losses steadily eroding shareholders' equity. The offsetting strength is a conservative balance sheet — almost no debt and equity funding nearly 90% of assets — plus a recovering top line (+19%) and a much smaller cash burn than in 2024. Technicals are mixed, with the shares still below their 100- and 200-day averages despite recent short-term stabilisation, while valuation offers little support given negative earnings and no dividend. A sustained gross margin recovery and a return to positive operating cash flow would be the key signals that the turnaround is taking hold.
ATW Technology Incorporated (8097) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.79B
- Dividend Yield
- ―
- Average Volume (3M)
- 108.10K
- Price to Earnings (P/E)
- -33.9
- Beta (1Y)
- 0.19
- Revenue Growth
- -8.93%
- EPS Growth
- -162.59%
- Country
- TW
- Employees
- 74
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
ATW Technology Incorporated Business Overview & Revenue Model
Company Description
Founded in 1986 and headquartered in New Taipei City, Taiwan, ATW Technology Inc. specializes in the research, development, production, and worldwide sales of wireless communication products across the United States, Europe, and Asia. The company's e...
ATW Technology Incorporated Financial Statement Overview
Summary
A strong balance sheet is offset by weak earnings and cash generation. Debt is minimal (debt-to-equity near 0.07) and equity funds roughly 89% of assets, giving real financial flexibility. However, the income statement is highly volatile: revenue collapsed from the one-off NT$1.67bn peak in 2022 to NT$226m in 2023, and although sales have recovered to NT$293m in 2025 (+19%), gross margin fell from 29% to 16.5% and the company swung back to a NT$72m net loss with an operating margin near -24%. Free cash flow was negative again in 2025 (-NT$25m), the fourth cash-burn year in six, though the burn narrowed sharply from -NT$123m in 2024. Equity has eroded from NT$1.62bn in 2023 to NT$1.19bn in 2025, and return on equity is negative (about -6%), meaning the capital cushion is shrinking rather than compounding.
Income Statement
27NegativeBalance Sheet
64PositiveCash Flow
28Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 251.34M | 293.46M | 245.83M | 226.22M | 1.67B | 318.05M |
| Gross Profit | 9.77M | 48.31M | 71.39M | 33.79M | 380.09M | 40.60M |
| EBITDA | -54.61M | -55.75M | 43.42M | -33.60M | 283.38M | 3.97M |
| Net Income | -86.63M | -71.65M | 24.99M | -44.70M | 266.53M | -10.67M |
Balance Sheet | ||||||
| Total Assets | 1.46B | 1.34B | 1.62B | 1.69B | 1.55B | 1.03B |
| Cash, Cash Equivalents and Short-Term Investments | 273.84M | 393.45M | 456.41M | 902.97M | 612.91M | 159.27M |
| Total Debt | 312.03M | 84.44M | 97.20M | 38.96M | 200.82M | 407.86M |
| Total Liabilities | 516.92M | 146.69M | 210.04M | 66.03M | 400.68M | 537.07M |
| Stockholders Equity | 941.21M | 1.19B | 1.41B | 1.62B | 1.15B | 488.20M |
Cash Flow | ||||||
| Free Cash Flow | -141.24M | -24.98M | -122.77M | 24.55M | 144.86M | -77.63M |
| Operating Cash Flow | -126.92M | -18.93M | -86.74M | 44.23M | 157.71M | -68.89M |
| Investing Cash Flow | -30.79M | 45.47M | -130.85M | -247.58M | 138.79M | -158.57M |
| Financing Cash Flow | 35.62M | -177.86M | -249.98M | 490.39M | 157.11M | 347.67M |
ATW Technology Incorporated Peers Comparison
Overall Rating
TW:302574Outperform
TW:328770Outperform
TW:804870Outperform
TW:615248Neutral- TW:809743Neutral
TW:304741Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3025 | 74Outperform | TWD 2.78B | 10.30 | ― | 6.60% | 33.73% | 81.02% |
| TW:3287 | 70Outperform | TWD 3.48B | 9.15 | ― | 1.99% | 20.68% | ― |
| TW:8048 | 70Outperform | TWD 2.96B | 14.93 | ― | 4.12% | 29.69% | 39.16% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6152 | 48Neutral | TWD 2.94B | -107.35 | ― | ― | 42.75% | ― |
| TW:8097 | 43Neutral | TWD 2.88B | -33.90 | ― | ― | -8.93% | -162.59% |
| TW:3047 | 41Neutral | TWD 2.99B | -15.27 | ― | 2.23% | -32.95% | -101.63% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8097 | ATW Technology Incorporated | 47.80 | -12.90 | -21.25% | |
| TW:3025 | Loop Telecommunication International, Inc. | 48.50 | 5.26 | 12.17% | |
| TW:3047 | Edimax Technology Co., Ltd. | 13.90 | -4.95 | -26.26% | |
| TW:3287 | KWorld Computer Co., Ltd. | 75.20 | 45.01 | 149.07% | |
| TW:6152 | Prime Electronics & Satellitics Inc. | 18.50 | 9.51 | 105.78% | |
| TW:8048 | Ruby Tech Corporation | 48.50 | 3.25 | 7.19% |
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