Jeilin Technology Co. Ltd. (8102) AI Stock Analysis

Jeilin Technology Co. Ltd.

(TPEx:8102)

Select Model

Rating:55Neutral

Price Target:TWD 47.00▲(0.00% Upside)

Action:initiatedcoverage

Date:11/09/26

Jeilin Technology scores in the below-average range, weighed down by a cyclical earnings downturn and a weak chart. Revenue fell about 23%, margins compressed across the board, net income dropped roughly 59%, and operating and free cash flow turned negative despite reported profits — a sign that earnings are not converting to cash. Technically, the stock trades below all key moving averages with negative MACD, though momentum readings are deeply oversold. The offsetting strengths are a near debt-free balance sheet with equity funding over 80% of assets, a modest 12.5x P/E, and a 4.13% dividend yield. The financial cushion gives the company staying power through the downcycle, but investors should look for stabilizing revenue, margin recovery, and a return to positive cash flow before the outlook improves.

Positive Factors

Conservative Balance SheetMinimal leverage reduces financial risk and preserves flexibility through business cycles. A lightly indebted balance sheet gives the company more capacity to withstand weaker demand, fund operations internally, and pursue opportunities without heavy interest or refinancing burdens.

Negative Factors

Negative Cash ConversionThe shift to negative operating and free cash flow weakens earnings quality and reduces internally generated funding. If this persists, the company may have less capacity to finance investment, maintain distributions, or absorb weaker demand without using its balance-sheet resources.

Jeilin Technology Co. Ltd. (8102) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 1.05B
Dividend Yield: 4.04%
Average Volume (3M): 11.51K
Price to Earnings (P/E): 12.8
Beta (1Y): 0.41
Revenue Growth: ―
EPS Growth: ―
Country: TW
Employees: 38
Sector: General
Sector Strength: 55
Industry: Semiconductors

Jeilin Technology Co. Ltd. Business Overview & Revenue Model

Company Description

Jeilin Technology Co., Ltd. focuses on the development, research, and distribution of integrated circuits for image processing. Their offerings include system-on-chip (SoC) solutions for digital video recorders (DVRs) and digital still cameras (DSCs)...

Jeilin Technology Co. Ltd. Financial Statement Overview

Summary

A fortress balance sheet (score 88) is offset by deteriorating earnings (49) and poor cash conversion (38). Jeilin is effectively debt-free, with total debt of only NT$3.4 million against NT$419 million of equity funding roughly 83% of assets, and book value has more than doubled since 2020. However, the latest year saw revenue fall about 23% to NT$435 million, gross margin compress from 46.8% to 37.6%, net income drop roughly 59% to NT$48 million, and ROE fall from 34.3% to 11.5%. Most notably, operating and free cash flow swung negative (about -NT$23 million) despite reported profits, pointing to weak earnings quality and a working-capital build. The company has recovered from similar dips before (2022), and the debt-free structure easily funds the burn, but the cycle has clearly turned against it.

Income Statement

49Neutral

Balance Sheet

88Very Positive

Cash Flow

38Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	551.67M	435.25M	567.58M	376.85M	339.31M	389.88M
Gross Profit	224.48M	163.77M	265.90M	176.55M	177.66M	218.65M
EBITDA	113.88M	69.86M	160.49M	97.07M	106.37M	132.75M
Net Income	81.21M	48.15M	117.55M	73.83M	84.58M	109.67M
Balance Sheet
Total Assets	530.59M	507.54M	476.16M	367.19M	334.83M	357.44M
Cash, Cash Equivalents and Short-Term Investments	211.49M	228.45M	230.67M	190.92M	87.32M	182.94M
Total Debt	2.19M	3.41M	3.05M	9.77M	5.48M	6.76M
Total Liabilities	102.33M	88.35M	133.77M	78.57M	76.54M	99.23M
Stockholders Equity	428.26M	419.19M	342.39M	288.62M	258.29M	258.21M
Cash Flow
Free Cash Flow	27.61M	-23.49M	108.61M	154.13M	-9.53M	88.00M
Operating Cash Flow	28.88M	-22.80M	141.81M	176.07M	-3.51M	108.98M
Investing Cash Flow	-16.59M	-2.43M	-36.22M	-25.14M	-7.39M	-33.02M
Financing Cash Flow	69.37M	23.58M	-66.39M	-47.23M	-85.26M	-47.13M

Jeilin Technology Co. Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8102 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:8034	72Outperform	TWD 986.19M	14.70	―	6.84%	-36.61%	-49.17%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:8102	55Neutral	TWD 1.10B	12.81	―	4.04%	―	―
TW:6441	39Underperform	TWD 1.10B	-4.32	―	―	-58.51%	-17.09%
TW:8071	38Underperform	TWD 1.01B	-30.89	―	―	4.97%	62.54%
TW:3541	37Underperform	TWD 1.25B	70.26	―	―	0.16%	―

* General Sector Average

Performance Comparison

TW:8102 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8102	Jeilin Technology Co. Ltd.	47.00	-28.22	-37.52%
TW:3541	Cypress Technology Co. Ltd.	22.30	-1.45	-6.11%
TW:6441	Ibase Solution Co., Ltd	20.70	-2.40	-10.39%
TW:7455	Dexatek Technology Ltd	51.30	-8.00	-13.49%
TW:8034	Opnet Technologies Co., Ltd.	17.55	-3.53	-16.74%
TW:8071	ABICO NetCom Co., Ltd.	16.85	-1.00	-5.60%

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

Jeilin Technology Co. Ltd. AI Stock Analysis