Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
3206.TWO
STRONG BUYREMOVEKingstate Electronics Corp. · Technology · Taiwan · $79M · Avg Vol: $400K/d
Kingstate Electronics is a niche acoustic component manufacturer that lacks the scale, pricing power, and structural moat required to benefit from our identified macro themes.
COMPANY DESCRIPTION
Kingstate Electronics Corp. is a leading Taiwanese manufacturer of acoustic components, including buzzers, micro-speakers, and microphones. The company's products are widely integrated into automotive electronics, smart home appliances, and industrial security systems. Its competitive advantage is driven by a diverse product portfolio, global distribution networks, and strong R&D capabilities in electro-acoustic design.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|
| Revenue | — | 132M | 113M | 117M | 102M | -8.4% |
| EPS | 0.08 | 0.11 | 0.15 | 0.13 | — | 19.7% |
| Shares | — | 59M | 59M | 59M | 59M | 0.0% |
| Debt | — | 7M | 7M | 5M | 2M | -40.0% |
| Equity | — | 41M | 46M | 50M | 50M | 6.3% |
| Op CF | — | 18M | 17M | 10M | 9M | -21.9% |
| Inv CF | — | -2M | 702,214 | -3M | -13M | — |
| Fin CF | — | -9M | -5M | -8M | -8M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 3206.TWO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| 3206.TWO | Kingstate Electronics Corp.(you) | $79M | 90 | STRONG BUY |
| 5315.TWO | United Radiant Technology Corporation | $75M | 84 | STRONG BUY |
| 8049.TWO | Ampire Co., Ltd. | $102M | 92 | STRONG BUY |
| 6924.TW | EIKEI GROUP CAYMAN CO LTD | $120M | 94 | STRONG BUY |
| 6792.TW | Unictron Technologies Corporation | $106M | 83 | STRONG BUY |
| 4527.TWO | Kuen Ling Machinery Refrigerating Co., Ltd. | $111M | 98 | STRONG BUY |
| 6498.TWO | Powertip Image Corp | $156M | 93 | STRONG BUY |
| 3168.TW | Data Image Corporation | $114M | 80 | BUY |
| 4995.TWO | Litemax Electronics Inc. | $61M | 76 | BUY |
| 6577.TWO | Promate Solutions Corporation | $154M | 96 | STRONG BUY |
Peer medians: ROE 7.5% · P/E 34.5x · Gross margin 24.0%