Alchip Technologies, Limited (3661.TW) stock analysis

In our weekly check, Alchip Technologies, Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 4, red flags: 6.

About Alchip Technologies, Limited

Alchip Technologies, Limited is a Technology company (Semiconductors) based in Taiwan, listed on TAI as 3661.TW.

What our checks show for 3661.TW

Red flags

• Operating cash flow is only 0.12x net profit: part of the reported profit does not arrive as cash.
• Analysts expect the net margin to shrink by 12.9 points from today's 25.4%.
• Free cash flow is negative (-4.6% of revenue): the business spends more cash than it brings in.
• The price swings a lot: 68.5% annual volatility. Expect large ups and downs.
• The stock has fallen as much as 83% from a peak. Would you have held through that?
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Recovering from its deepest fall took about 1.7 years.
• Beta 1.36: the stock usually moves more than the market, both up and down.
• The share count grew by 10.6% in 2 years: each shareholder owns a smaller slice.
• Return on capital (ROCE) is only 8.9%.

Strengths

• Debt is low: 0x equity.
• Operating profit covers interest 479 times over.
• The net margin rose by 11.1 points over 5 years, to 25.4%.
• The gross margin is 37.2% and has risen by 3 points: pricing power is holding.
• Analysts expect earnings per share to grow about 67.9% a year over the next years.
• Analysts expect revenue to grow about 127% a year over the next years.

Next earnings report: 2026-10-30

Similar companies

5347.TWO · AMAT · 6770.TW · LRCX · 2449.TW · TXN

Questions

What grade does Alchip Technologies, Limited (3661.TW) have?

In our weekly check, Alchip Technologies, Limited is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 4, red flags: 6. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 3661.TW stock?

This week's biggest flags for Alchip Technologies, Limited: Profits not backed by cash, Margins expected to shrink, Weak free cash flow. In total 10 of 25 checks show a warning or a red flag.

What does Alchip Technologies, Limited do?

Alchip Technologies, Limited is a Technology company (Semiconductors) based in Taiwan, listed on TAI as 3661.TW.

When does Alchip Technologies, Limited report earnings next?

The next earnings report is expected on 2026-10-30. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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