Giantplus Technology Co., Ltd. AI Stock Analysis
Giantplus Technology Co., Ltd. (8105) AI Stock Analysis
Giantplus Technology Co., Ltd.
(TWSE:8105)
The score is held back by deteriorating fundamentals: three straight years of revenue decline, a swing to operating and net losses in 2025, sub-6% gross margins and negative return on equity. This is partially offset by an exceptionally conservative balance sheet — nearly debt-free with equity funding about three-quarters of assets — and improving free cash flow, which gives management time to navigate the downturn. Technicals add further pressure, with the share price below all key moving averages and a negative MACD, though deeply oversold RSI and Stochastic readings hint at scope for a near-term bounce. Valuation provides no offset, as a 14.5x P/E on loss-making earnings and the absence of a dividend leave little margin of safety.
Giantplus Technology Co., Ltd. (8105) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 5.52B
- Dividend Yield
- ―
- Average Volume (3M)
- 3.33M
- Price to Earnings (P/E)
- 14.5
- Beta (1Y)
- 0.79
- Revenue Growth
- -6.57%
- EPS Growth
- ―
- Country
- TW
- Employees
- 2,900
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
Giantplus Technology Co., Ltd. Business Overview & Revenue Model
Company Description
Giantplus Technology Co., Ltd., along with its subsidiaries, is a key player in the development, production, and global sales of Thin Film Transistor Liquid Crystal Displays (TFT LCDs). Its operational footprint extends across China, Hong Kong, Macao...
Giantplus Technology Co., Ltd. Financial Statement Overview
Summary
A mixed picture of balance sheet strength and earnings weakness. Giantplus is close to debt-free (debt-to-equity of 0.03) with equity funding roughly 73% of its NT$10.79bn asset base, and cash generation improved markedly in 2025 (operating cash flow NT$421m, free cash flow NT$249m). However, the core business is contracting: revenue has fallen three consecutive years to NT$8.60bn, and the company swung to an operating loss of NT$156m and a net loss of NT$132m (-1.5% net margin), with return on equity turning negative at -1.7%. Gross margin ticked up to 5.9%, but remains far below the 2022 peak, leaving profitability the clear weak link despite a very low-risk capital structure.
Income Statement
32NegativeBalance Sheet
79PositiveCash Flow
66Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.54B | 8.60B | 8.77B | 9.04B | 10.41B | 10.27B |
| Gross Profit | 585.98M | 511.04M | 447.73M | 756.03M | 1.14B | 955.49M |
| EBITDA | 497.92M | 289.75M | 541.02M | 735.85M | 1.04B | 541.30M |
| Net Income | 378.78M | -131.54M | 67.12M | 236.16M | 613.67M | 92.67M |
Balance Sheet | ||||||
| Total Assets | 10.83B | 10.79B | 11.43B | 11.69B | 12.44B | 12.35B |
| Cash, Cash Equivalents and Short-Term Investments | 2.37B | 2.34B | 2.41B | 2.65B | 2.79B | 2.56B |
| Total Debt | 136.59M | 251.52M | 523.89M | 798.42M | 1.49B | 1.61B |
| Total Liabilities | 2.70B | 2.95B | 3.45B | 3.77B | 4.66B | 5.20B |
| Stockholders Equity | 8.13B | 7.84B | 7.98B | 7.92B | 7.78B | 7.15B |
Cash Flow | ||||||
| Free Cash Flow | 593.33M | 248.80M | 34.10M | 623.06M | 489.06M | 106.57M |
| Operating Cash Flow | 793.27M | 421.14M | 277.56M | 971.15M | 697.38M | 402.90M |
| Investing Cash Flow | -404.76M | -233.90M | -186.96M | -251.71M | -332.43M | -244.55M |
| Financing Cash Flow | -282.66M | -275.34M | -319.25M | -788.28M | -113.70M | -115.53M |
Giantplus Technology Co., Ltd. Peers Comparison
Overall Rating
TW:362272Outperform
TW:303167Neutral
TW:344161Neutral- TW:810549Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3622 | 72Outperform | TWD 6.11B | 7.82 | ― | 7.93% | 7.76% | 5.37% |
| TW:3031 | 67Neutral | TWD 4.72B | 31.90 | ― | 3.45% | 19.33% | 4.14% |
| TW:3441 | 61Neutral | TWD 7.01B | 74.90 | ― | 0.49% | 26.87% | 117.51% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:8105 | 49Neutral | TWD 5.48B | 14.46 | ― | ― | -6.57% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8105 | Giantplus Technology Co., Ltd. | 12.40 | 0.85 | 7.36% | |
| TW:3031 | Bright Led Electronics Corp | 28.95 | 9.43 | 48.27% | |
| TW:3441 | Unique Opto-Electronics Co.,Ltd | 175.00 | 142.07 | 431.45% | |
| TW:3622 | Young Fast Optoelectronics Co., Ltd | 40.35 | -19.82 | -32.94% | |
| TW:6434 | TacBright Optronics Corp. | 12.55 | 7.51 | 149.01% | |
| TW:6849 | Chyi Ding Technologies Co. Ltd. | 140.50 | 96.30 | 217.87% |
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