3346.Tw
3346.TW is a manufacturer of auto, truck, and motorcycle parts, generating revenue primarily through the production and sale of automotive components.
Business. 3346.TW is a manufacturer of auto, truck, and motorcycle parts, generating revenue primarily through the production and sale of automotive components.
Analyst recommendations
1 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
3346.TW is a manufacturer of auto, truck, and motorcycle parts, generating revenue primarily through the production and sale of automotive components.
The company's capital structure is characterized by a debt-to-equity ratio of 1.15, indicating a moderate reliance on debt financing. Its liquidity position is assessed as medium, with a current ratio of 1.75, suggesting it can cover short-term obligations but with limited excess cash. Free cash flow is negative at -120.42 million TWD, and operating cash flow is 392.95 million TWD, indicating that the company is not generating sufficient cash from operations to fund capital expenditures.
Profitability metrics are weak, with a return on equity (ROE) of 0.37% and a return on assets (ROA) of 0.13%, both significantly below industry norms for the auto parts sector. Gross profit of 900.57 million TWD and operating income of 22.89 million TWD suggest thin margins, which may be a concern in a competitive industry. The company's net income of 13.17 million TWD is minimal relative to its revenue of 8.54 billion TWD, further highlighting its low profitability.
The company's revenue is not segmented by geographic region or product line in the available data, making it difficult to assess geographic or product concentration risk. However, the absence of disclosed diversification may imply a concentration in a single market or product category, which could increase vulnerability to regional or sector-specific downturns.
The company's growth trajectory is uncertain, with no specific outlook provided for the current or next fiscal year. Analysts have assigned a "Hold" rating, with no strong buy or sell recommendations, suggesting a neutral outlook. The company's recent financial performance, including a low net income and negative free cash flow, may limit its ability to invest in growth initiatives.
Risk factors include a medium liquidity risk, as the company has negative net cash after subtracting total debt. The dilution risk is assessed as low, with no significant dilution expected in the near term. However, the company's reliance on debt financing and weak profitability could increase financial risk if interest rates rise or demand for its products declines.
Recent events, including analyst estimates and financial filings, indicate a cautious outlook for the company. The mean EPS estimate of 1.52 TWD is significantly higher than the last actual EPS of 0.11 TWD, suggesting that analysts expect a substantial improvement in earnings. However, the lack of strong buy or sell recommendations indicates that the market is not yet convinced of a clear upward or downward trend.
- The company has a weak profitability profile, with ROE and ROA well below industry norms.
- Liquidity is moderate, with a current ratio of 1.75, but free cash flow is negative.
- The company's capital structure is moderately leveraged, with a debt-to-equity ratio of 1.15.
- Analysts have assigned a "Hold" rating, with no strong buy or sell recommendations.
- The company's growth trajectory is uncertain, with no specific outlook provided for the current or next fiscal year.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 1,52 |
| Revenue | —no estimate | —no estimate | 9,2B TWD |
| Operating income | —no estimate | —no estimate | 286,0M TWD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Ev To Operating Cash Flowenterprise_value / operating_cash_flow
- Return On Equitynet_income / total_equity
- Price To Earningsmarket_price / (net_income / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- 3346.TW Market data — financials · 2026-05-26
- Laster Tech Co Ltd Market data — analyst estimates · 2026-05-26