Apacer Technology Inc. (8271) AI Stock Analysis

Apacer Technology Inc.

(TWSE:8271)

Select Model

Rating:66Neutral

Price Target:TWD 180.00▲(8.11% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong profitability, revenue growth, balance-sheet quality, and exceptionally low valuation support the score. However, negative cash flow and weak technical momentum are significant risks, limiting the overall rating.

Positive Factors

Improved revenue and profitabilityThe 2025 improvement in revenue, net income, and EBIT margin indicates stronger operating performance and renewed earnings capacity. If sustained, this profitability provides more internal funding for product development, customer support, and expansion across Apacer’s memory and storage businesses.

Negative Factors

Deeply negative and inconsistent cash generationReported earnings are not currently translating into cash, with both operating and free cash flow deeply negative in 2025. The recurring choppiness across the period raises the risk that working-capital needs absorb profits, reducing flexibility for investment, dividends, or debt reduction.

Apacer Technology Inc. (8271) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 21.45B
Dividend Yield: 2.67%
Average Volume (3M): 2.10M
Price to Earnings (P/E): 3.1
Beta (1Y): 0.95
Revenue Growth: 181.71%
EPS Growth: 1352.87%
Country: TW
Employees: 469
Sector: General
Sector Strength: 55
Industry: Semiconductors

Apacer Technology Inc. Business Overview & Revenue Model

Company Description

Apacer Technology Inc., headquartered in New Taipei City, Taiwan, was founded in 1997. The company specializes in the research, development, manufacturing, and global distribution of a diverse range of digital storage and Internet of Things (IoT) sol...

Apacer Technology Inc. Financial Statement Overview

Summary

Strong revenue growth and profitability, plus a solid balance sheet, are offset by negative and volatile operating and free cash flow, rising debt, and weak earnings-to-cash conversion.

Income Statement

90Very Positive

Balance Sheet

85Very Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.44B	11.12B	7.84B	7.63B	8.80B	8.68B
Gross Profit	12.84B	2.31B	1.30B	1.78B	1.69B	1.45B
EBITDA	9.09B	1.11B	450.18M	843.66M	788.99M	641.83M
Net Income	6.98B	859.88M	278.96M	553.05M	559.13M	485.79M
Balance Sheet
Total Assets	23.75B	9.29B	6.21B	6.37B	6.02B	4.88B
Cash, Cash Equivalents and Short-Term Investments	3.58B	1.33B	2.56B	2.63B	2.80B	861.25M
Total Debt	4.53B	1.70B	351.93M	127.27M	169.27M	284.91M
Total Liabilities	11.94B	4.14B	1.59B	1.91B	1.72B	1.79B
Stockholders Equity	11.55B	5.03B	4.51B	4.31B	4.16B	3.09B
Cash Flow
Free Cash Flow	-1.79B	-2.17B	-185.28M	345.07M	1.76B	-346.52M
Operating Cash Flow	-1.37B	-2.13B	-154.85M	381.84M	1.80B	-321.34M
Investing Cash Flow	-315.21M	873.79M	98.36M	-228.77M	-917.46M	421.57M
Financing Cash Flow	3.81B	978.45M	39.46M	-507.34M	-144.07M	-62.34M

Apacer Technology Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:8271 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:4967	69Neutral	TWD 25.40B	2.64	―	3.30%	90.94%	3193.74%
TW:3515	67Neutral	TWD 25.14B	11.57	―	5.38%	24.91%	21.20%
TW:8271	66Neutral	TWD 21.58B	3.12	―	2.67%	181.71%	1352.87%
TW:6166	56Neutral	TWD 19.80B	16.47	―	1.28%	31.89%	141.45%
TW:6579	56Neutral	TWD 22.88B	12.07	―	2.76%	27.97%	109.74%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:8271 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:8271	Apacer Technology Inc.	166.50	55.11	49.47%
TW:3515	ASRock Incorporation	204.50	-58.05	-22.11%
TW:4967	Team Group Inc.	261.50	123.47	89.45%
TW:6166	Adlink Technology Inc.	93.40	37.10	65.91%
TW:6579	AAEON Technology Inc.	136.00	22.15	19.45%
TW:7805	QNAP Systems, Inc.	388.50	-189.67	-32.81%

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

Apacer Technology Inc. AI Stock Analysis