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Gigastorage CorporationTWSE:2406 Stock Report

Market Cap NT$12.2b
Share Price
NT$33.40
My Fair Value
n/a
1Y176.0%
7D8.1%
1D
Portfolio Value
​
View

Gigastorage Corporation

TWSE:2406 Stock Report

Market Cap: NT$12.2b

Gigastorage (2406) Stock Overview

Operates in the optoelectronics industry in Taiwan, Mainland China, and internationally. More details

2406 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Risk Analysis

Earnings have declined by 42.5% per year over past 5 years

Has less than 1 year of cash runway

Volatile share price over the past 3 months compared to the TW market


2406 Community Fair Values

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Gigastorage Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Gigastorage
Historical stock prices
Current Share PriceNT$33.40
52 Week HighNT$39.85
52 Week LowNT$10.60
Beta0.51
1 Month Change13.22%
3 Month Change1.06%
1 Year Change176.03%
3 Year Change84.02%
5 Year Change74.41%
Change since IPO-75.72%

Recent News & Updates

Recent updates

Analysis Article • Jan 13

Investors Don't See Light At End Of Gigastorage Corporation's (TWSE:2406) Tunnel

Gigastorage Corporation's ( TWSE:2406 ) price-to-sales (or "P/S") ratio of 0.6x might make it look like a strong buy...
Analysis Article • Jul 05

Gigastorage Corporation's (TWSE:2406) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Gigastorage Corporation ( TWSE:2406 ) shares have continued their recent momentum with a 26% gain in the last month...
Analysis Article • Jun 26

We Think Gigastorage (TWSE:2406) Has A Fair Chunk Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • May 14

Improved Revenues Required Before Gigastorage Corporation (TWSE:2406) Shares Find Their Feet

You may think that with a price-to-sales (or "P/S") ratio of 2x Gigastorage Corporation ( TWSE:2406 ) is a stock worth...
Analysis Article • Apr 16

Returns On Capital Signal Difficult Times Ahead For Gigastorage (TPE:2406)

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article • Mar 07

Does Gigastorage (TPE:2406) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jan 31

Gigastorage's(TPE:2406) Share Price Is Down 67% Over The Past Five Years.

Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big...
Analysis Article • Dec 27

Is Gigastorage (TPE:2406) Headed For Trouble?

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article • Nov 22

Is Gigastorage (TPE:2406) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

2406TW SemiconductorTW Market
7D8.1%10.7%10.5%
1Y176.0%158.8%106.4%

Return vs Industry: 2406 exceeded the TW Semiconductor industry which returned 158.8% over the past year.

Return vs Market: 2406 exceeded the TW Market which returned 106.4% over the past year.

Price Volatility

Is 2406's price volatile compared to industry and market?
2406 volatility
2406 Average Weekly Movement10.0%
Semiconductor Industry Average Movement9.8%
Market Average Movement6.2%
10% most volatile stocks in TW Market12.2%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 2406's share price has been volatile over the past 3 months compared to the TW market.

Volatility Over Time: 2406's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1997n/aKao-Yuan Chungwww.gigastorage.com.tw

Gigastorage Corporation operates in the optoelectronics industry in Taiwan, Mainland China, and internationally. The company operates in Silicon Products Division, Photovoltaic Materials Division, and Solar Power Plant Division segments. The Silicon Products Division segment produces, processes, and sells solar silicon accessories and wafers; and diamond wires.

Gigastorage Corporation Fundamentals Summary

How do Gigastorage's earnings and revenue compare to its market cap?
2406 fundamental statistics
Market capNT$12.25b
Earnings (TTM)-NT$158.88m
Revenue (TTM)NT$8.08b
1.5x
P/S Ratio
-73.8x
P/E Ratio

Is 2406 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2406 income statement (TTM)
RevenueNT$8.08b
Cost of RevenueNT$7.00b
Gross ProfitNT$1.08b
Other ExpensesNT$1.24b
Earnings-NT$158.88m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.45
Gross Margin13.33%
Net Profit Margin-1.97%
Debt/Equity Ratio69.8%

How did 2406 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/28 14:36
End of Day Share Price 2026/05/28 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gigastorage Corporation is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zixian LiangKGI Securities Co. Ltd.
Felix HsuYuanta Research