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Kinsus Interconnect Technology Corp. (3189) AI Stock Analysis

TW:3189

Kinsus Interconnect Technology Corp.

(TWSE:3189)

Select Model
Rating:47Neutral
Price Target:TWD 661.00â–¼(-1.05% Downside)
Action:initiatedcoverage
Date:11/10/26

The overall score is heavily pressured by extremely weak technicals and a poor valuation. The stock is in a strong downtrend with deeply oversold momentum indicators, and its high P/E ratio offers no valuation support. The company's financial performance provides some stabilization, with a healthy balance sheet and recovering cash flows, but this is insufficient to offset the significant near-term price weakness and lack of earnings power.

Positive Factors
Revenue RecoveryThe return to revenue growth indicates improving demand or share gains for Kinsus's interconnect substrates. If sustained, stronger sales can support better utilization, operating leverage, and renewed investment in advanced packaging capabilities over the next several quarters.
Negative Factors
Weak Free-Cash-Flow ConversionReported earnings are not yet translating into comparable discretionary cash generation. Volatile free cash flow may reflect heavy investment needs or working-capital swings, limiting the cash available for debt reduction, expansion, or shareholder returns.

Kinsus Interconnect Technology Corp. (3189) vs. SPDR S&P 500 ETF (SPY)

-100%0%100%200%300%400%500%600%700%TW:3189+375.70%SPY+14.55%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
TWD 351.97B
Dividend Yield
0.23%
Average Volume (3M)
18.68M
Price to Earnings (P/E)
68.5
Beta (1Y)
1.84
Revenue Growth
33.81%
EPS Growth
547.63%
Country
TW
Employees
5,910
Sector
General
Sector Strength
55
Industry
Semiconductors

Kinsus Interconnect Technology Corp. Business Overview & Revenue Model

Company Description

Kinsus Interconnect Technology Corp., together with its subsidiaries, engages in the manufacture and sale of electronic products in Taiwan and internationally. It operates through the IC Substrate and Optics segments. The company offers system in pac...

Kinsus Interconnect Technology Corp. Financial Statement Overview

Summary

Financial performance is mixed. Revenue is recovering and the balance sheet is conservative with low debt, but profitability remains weak with thin margins and a low return on equity. Cash flow has turned positive, which is a significant improvement, yet the gap between earnings and cash generation is a concern.

Income Statement

45Neutral

Balance Sheet

68Positive

Cash Flow

55Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue48.95B39.35B30.53B26.83B42.44B33.34B
Gross Profit12.94B8.31B8.67B6.76B15.71B10.75B
EBITDA13.26B10.72B8.13B7.12B15.33B10.06B
Net Income5.26B1.60B48.89M47.52M6.98B3.86B
Balance Sheet
Total Assets93.01B79.97B79.44B78.07B72.63B58.39B
Cash, Cash Equivalents and Short-Term Investments21.33B16.34B16.68B21.01B17.92B15.97B
Total Debt12.05B14.44B16.38B18.76B11.53B10.68B
Total Liabilities36.79B38.60B39.56B38.91B33.82B25.40B
Stockholders Equity46.94B32.73B31.65B31.69B34.32B29.07B
Cash Flow
Free Cash Flow2.65B1.71B-2.90B-4.10B-1.22B-2.86B
Operating Cash Flow12.12B8.09B7.71B6.26B15.96B10.57B
Investing Cash Flow-10.05B-7.87B-9.11B-12.49B-16.53B-12.90B
Financing Cash Flow4.23B-3.27B996.00M5.34B1.87B6.00B

Kinsus Interconnect Technology Corp. Peers Comparison

Overall Rating

UnderperformOutperform
Sector (55)

Financial Indicators

TW:3189 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
TW:3044TW:304474OutperformTWD 280.67B17.98―2.38%33.62%56.16%
TW:2313TW:231360NeutralTWD 241.83B33.20―1.35%11.13%24.42%
TW:2368TW:236858NeutralTWD 511.75B30.09―0.95%67.57%110.91%
Sector *55Neutral$6.65B3.83-15.92%6.20%10.91%7.18%
TW:8046TW:804653NeutralTWD 628.07B78.22―0.20%41.80%773.78%
TW:4958TW:495850NeutralTWD 487.37B41.59―0.78%15.88%26.11%
TW:3189TW:318947NeutralTWD 351.45B68.51―0.23%33.81%547.63%

* General Sector Average

Performance Comparison

0%200%400%600%TW:3189TW:2313TW:2368TW:3044TW:4958TW:8046Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
TW:3189 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
TW:3189Kinsus Interconnect Technology Corp.668.00531.44389.15%
TW:2313Compeq Manufacturing Co., Ltd.205.50125.77157.74%
TW:2368Gold Circuit Electronics Ltd1030.00496.7793.16%
TW:3044Tripod Technology Corporation533.00236.6979.88%
TW:4958Zhen Ding Technology Holding Limited440.00298.97211.98%
TW:8046Nan Ya Printed Circuit Board Corporation977.00705.07259.28%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 09, 2026