Advanced Power Electronics Corp AI Stock Analysis
Advanced Power Electronics Corp (8261) AI Stock Analysis
Advanced Power Electronics Corp
(TWSE:8261)
Advanced Power Electronics scores well on fundamentals: a virtually debt-free balance sheet, sharply expanded margins and a doubling of profit off the 2023 trough. An 18.1x P/E paired with a 4.59% dividend yield adds valuation appeal. However, the score is pulled down materially by technicals — the stock sits far below all key moving averages with deeply negative MACD and a 21 RSI, signalling a persistent downtrend. Weakening cash conversion (operating cash flow covering only ~60% of net income) and ongoing exposure to semiconductor cycles are additional watch items.
Advanced Power Electronics Corp (8261) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 15.28B
- Dividend Yield
- 3.97%
- Average Volume (3M)
- 4.03M
- Price to Earnings (P/E)
- 20.2
- Beta (1Y)
- 1.55
- Revenue Growth
- 2.86%
- EPS Growth
- 10.89%
- Country
- TW
- Employees
- 116
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Advanced Power Electronics Corp Business Overview & Revenue Model
Company Description
Advanced Power Electronics Co., Ltd., founded in 1998 and headquartered in Zhubei City, Taiwan, is a global provider of power semiconductor components. The company serves markets across Europe, Africa, Asia, Australia, North America, and South Americ...
Advanced Power Electronics Corp Financial Statement Overview
Summary
Fundamentals are solid. Revenue has recovered to NT$3.24B TTM with gross margin expanding from 26.1% to 36.3% and net margin to 23.0%, lifting profit to NT$744M and ROE to 12.6%. The balance sheet is a standout: essentially debt-free (debt/equity ~0.0008) with equity funding ~89% of assets, offering a strong cushion against semiconductor cyclicality. The weak link is cash flow — operating cash flow fell to NT$454M and converts only ~60% of net income, pointing to working capital build, though light capex keeps free cash flow healthy at NT$410M. Revenue also remains ~23% below the 2021 peak, underscoring cyclical sensitivity.
Income Statement
78PositiveBalance Sheet
90Very PositiveCash Flow
66Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.24B | 3.10B | 2.92B | 2.85B | 3.91B | 4.20B |
| Gross Profit | 1.18B | 1.16B | 833.93M | 745.01M | 1.40B | 1.25B |
| EBITDA | 853.09M | 826.81M | 723.83M | 346.09M | 1.13B | 825.04M |
| Net Income | 744.39M | 680.08M | 565.22M | 330.43M | 899.83M | 652.79M |
Balance Sheet | ||||||
| Total Assets | 6.64B | 6.65B | 6.24B | 5.90B | 6.17B | 3.57B |
| Cash, Cash Equivalents and Short-Term Investments | 3.16B | 4.01B | 3.50B | 2.76B | 3.28B | 738.60M |
| Total Debt | 4.92M | 6.35M | 9.20M | 8.60M | 11.05M | 453.43M |
| Total Liabilities | 754.51M | 718.67M | 633.35M | 586.55M | 694.25M | 1.37B |
| Stockholders Equity | 5.88B | 5.93B | 5.61B | 5.31B | 5.48B | 2.21B |
Cash Flow | ||||||
| Free Cash Flow | 409.85M | 563.62M | 824.46M | 352.89M | 507.25M | 747.59M |
| Operating Cash Flow | 454.01M | 583.19M | 843.75M | 387.84M | 552.80M | 844.53M |
| Investing Cash Flow | -367.44M | 446.50M | -704.46M | 265.64M | -2.61B | -535.61M |
| Financing Cash Flow | -600.24M | -368.23M | -267.90M | -569.01M | 1.98B | -46.64M |
Advanced Power Electronics Corp Peers Comparison
Overall Rating
TW:613876Outperform- TW:826169Neutral
TW:243661Neutral
TW:825557Neutral
TW:367547Neutral
TW:234030Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6138 | 76Outperform | TWD 15.99B | 14.17 | ― | 5.07% | 18.18% | 48.17% |
| TW:8261 | 69Neutral | TWD 14.98B | 20.24 | ― | 3.97% | 2.86% | 10.89% |
| TW:2436 | 61Neutral | TWD 11.00B | 9.41 | ― | 3.62% | 25.84% | 214.20% |
| TW:8255 | 57Neutral | TWD 12.08B | 19.49 | ― | 2.95% | -3.86% | -3.77% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3675 | 47Neutral | TWD 12.55B | 34.61 | ― | 1.69% | 15.03% | 108.70% |
| TW:2340 | 30Underperform | TWD 17.77B | -22.74 | ― | ― | 5.05% | 34.85% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:8261 | Advanced Power Electronics Corp | 126.00 | 31.18 | 32.89% | |
| TW:2340 | Taiwan-Asia Semiconductor Corporation | 40.70 | 15.05 | 58.67% | |
| TW:2436 | Weltrend Semiconductor, Inc. | 54.10 | 7.32 | 15.64% | |
| TW:3675 | Eris Technology Corp. | 236.50 | 92.06 | 63.74% | |
| TW:6138 | Anpec Electronics Corporation | 216.00 | -15.23 | -6.59% | |
| TW:8255 | Actron Technology Corporation | 118.50 | -3.77 | -3.08% |
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