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2489.TW — TAI Household Electronics

Amtran Technology Co Ltd

$41,00
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Mcap
25,0B TWD
P/E
39,8x
EV / Rev
1,3x
Div yield
1,26 %
Op margin
2,7 %
ROE
1,8 %
Net margin
4,1 %
Debt / equity
0,03
Beta
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52w range
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Volume
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About

Amtran Technology Co Ltd designs and manufactures computer peripherals and related products, primarily serving the consumer electronics market.

Business. Amtran Technology Co Ltd (2489.TW) is a technology equipment company operating in the household electronics industry, primarily engaged in the design and manufacture of computers and peripherals. The firm generates revenue through the sale of these hardware products. Headquarters location and specific operating segment details are not provided in the available data. The company is listed under the ticker 2489.TW.

Classification92 %
SectorTechnology
Business sectorTechnology Equipment
IndustryHousehold Electronics
ActivityComputers & Peripherals
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score→
49
composite score
Valuation→
39,8x
P/E
Analysts
—
not yet wired
Ownership
—
not yet wired
Profitability→
1,8 %
return on equity
Quality→
55
quality score (0-100)

News & coverage

0
  • No recent newsroom coverage mentioning 2489.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,1 %+0,7 %+2,5 %
    Energy+1,1 %+5,5 %+1,5 %
    Health Care+0,6 %−0,4 %+1,0 %
    Consumer Discretionary+0,4 %+5,7 %+0,8 %
    Information Technology · THIS SECTOR−0,3 %+4,8 %+0,1 %
    Financials−0,5 %−3,5 %−0,1 %
    Real Estate−0,7 %+10,8 %−0,3 %
    Consumer Staples−0,8 %+4,5 %−0,4 %
    Utilities−1,5 %−21,2 %−1,1 %
    Industrials−1,7 %−2,4 %−1,3 %
    Communication Services———

    Developing storylines

    No tracked sagas currently linked to 2489.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-06-25 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-06-25 · SE
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score49 / 100
    Composite score 0-100 · Data quality 0,55
    Data quality0,55 / 1.00

    Synthesis

    Business

    Amtran Technology Co Ltd (2489.TW) is a technology equipment company operating in the household electronics industry, primarily engaged in the design and manufacture of computers and peripherals. The firm generates revenue through the sale of these hardware products. Headquarters location and specific operating segment details are not provided in the available data. The company is listed under the ticker 2489.TW.

    Classification92 %
    SectorTechnology
    Business sectorTechnology Equipment
    IndustryHousehold Electronics
    ActivityComputers & Peripherals
    AI synthesis
    GENERATED

    Amtran Technology Co Ltd maintains a conservative capital structure with a low debt-to-equity ratio of 0.03, indicating minimal reliance on debt financing. The company's liquidity position is characterized by a current ratio of 2.18, suggesting it has sufficient short-term assets to cover its liabilities. However, the company reported negative operating cash flow of -506.95 million TWD and free cash flow of -3.76 million TWD, signaling potential short-term liquidity constraints.

    Profitability metrics for Amtran are modest, with a return on equity (ROE) of 1.76% and a return on assets (ROA) of 1.08%. These figures are below the industry median for ROE and ROA in the Household Electronics sector, indicating that Amtran is underperforming relative to its peers in terms of capital efficiency and asset utilization.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the latest financial reports. This lack of diversification increases exposure to regional economic fluctuations and market-specific risks.

    Amtran's growth trajectory appears to be constrained, with no significant revenue growth reported in the latest financial period. The company's capital expenditures of -493.99 million TWD suggest a reduction in investment in long-term assets, which may impact future growth potential.

    Risk factors for Amtran include low liquidity and the absence of immediate dilution pressures. The company has not issued new shares in the recent period, and there are no filing-based flags indicating dilution risk. However, the negative operating cash flow and free cash flow raise concerns about the company's ability to fund operations without external financing.

    Recent filings and transcripts do not indicate any material events or strategic shifts for Amtran Technology Co Ltd. The company's financial disclosures remain consistent with prior periods, with no significant changes in business operations or risk profile.

    Key takeaways
    • Amtran Technology Co Ltd has a low debt-to-equity ratio and a strong current ratio, but negative operating and free cash flows raise liquidity concerns.
    • The company's ROE and ROA are below industry medians, indicating underperformance in capital efficiency and asset utilization.
    • Revenue and geographic diversification are limited, increasing exposure to regional market risks.
    • Growth appears constrained, with no significant revenue growth and reduced capital expenditures.
    • No immediate dilution risks are present, but liquidity constraints could necessitate external financing.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 3

    Operating income surged 149.2% year-over-year to TWD 437.4 million, signaling strong operational leverage and improving core profitability.

    Revenue grew 6.1% year-over-year to TWD 24.66 billion, showing top-line expansion despite volatile net income trends.

    Long-term debt stands at a conservative TWD 627.9 million, reflecting a low-leverage balance sheet structure.

    BEAR CASE · 2

    Four-year net income CAGR of -37.0% reveals a severe long-term deterioration in profitability trends.

    Cash conversion ratio of -2.07% ranks in the bottom quartile of the cohort, indicating poor cash flow quality.

    In focus — financials by report

    Annual
    ANNUALFiled 2023-03-13
    FY 2023 · Full-year highlights

    Revenue TWD 16.36B, −26,4% YoY; Operating income +38,5% YoY.

    RevenueTWD 16.36B−26,4 % YoY
    Operating income-TWD 202.5M+38,5 % YoY
    Net income-TWD 2.75B−154,9 % YoY
    Free cash flow-TWD 3.04B−160,9 % YoY
    EPS—
    Operating cash flowTWD 4.08B+360,2 % YoY
    Financials
    Income statement
    RevenueTWD 16.36B
    Gross profitTWD 1.49B
    Operating income-TWD 202.5M
    Net income-TWD 2.75B
    Margins
    Gross margin9.1%
    Operating margin-1.2%
    Net margin-16.8%
    FCF margin-18.6%
    Balance sheet
    Total assetsTWD 19.77B
    Total liabilitiesTWD 6.32B
    Total equityTWD 13.45B
    Cash & equivalentsTWD 2.53B
    Long-term debtTWD 485.7M
    Cash flow
    Operating cash flowTWD 4.08B
    CapEx-TWD 102.3M
    Free cash flow-TWD 3.04B
    SBC—
    P&L flow · revenue → net income
    Revenue TWD 5.90BOperating costs TWD 5.74BFinance TWD 2.3MNet income TWD 244.6M
    Highlights
    • ▍Revenue TWD 16.36B, −26,4% YoY
    • ▍Operating income +38,5% YoY
    • ▍Net income −154,9% YoY
    • ▍Free cash flow −160,9% YoY
    • ▍Net margin -16.8%

    Valuation FY

    Market price
    $41,00
    Market cap
    $31.54B
    Enterprise valueⓘ
    $31.52B
    P/Eⓘ
    39.8x
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    1.3x
    EV / Op incomeⓘ
    72.0x
    EV / OCFⓘ
    —
    P / Bⓘ
    2.3x
    P / Tangible bookⓘ
    2.3x
    Tangible book
    $13.93B
    Net cashⓘ
    $21.5M
    Current ratioⓘ
    2.2
    Debt / equityⓘ
    0.0
    ROAⓘ
    1.1%
    ROEⓘ
    1.8%
    Cash conversionⓘ
    -207.0%
    CapEx / revenueⓘ
    -8.4%
    SBC / revenueⓘ
    —
    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Forward curve

    — missing data

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    — missing data

    Benchmarks vs cohort

    Op Margin2,7 %Above median
    Net Margin4,1 %Above median
    ROE1,8 %Below median
    Capex / Rev-8,4 %Below median
    D/E0,03Above median
    Cash Conv-2,07Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Amtran Technology Co Ltd Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Chunfa WuChairman of the Board, Chief Executive Officer

    Insider activity

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2489.TWCanonical
    TAI · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-06-25 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage