Netronix, Inc. AI Stock Analysis
Netronix, Inc. (6143) AI Stock Analysis
Netronix, Inc.
(TPEx:6143)
Netronix earns an above-average score driven primarily by healthy fundamentals: growing revenue and operating profit, improving gross margins, a sharply de-leveraged balance sheet, and record free cash flow that nearly matched reported earnings. Valuation reinforces the case, with a single-digit P/E of 8.55 and a 9.2% dividend yield. The main drag is technical: the stock sits well below all key moving averages with negative MACD momentum, reflecting a persistent downtrend that has yet to show a confirmed reversal. Secondary concerns include the drop in net income and thin net margin despite higher sales, and a history of volatile cash flows that makes the current record level uncertain to repeat.
Netronix, Inc. (6143) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 6.03B
- Dividend Yield
- 8.55%
- Average Volume (3M)
- 329.14K
- Price to Earnings (P/E)
- 9.0
- Beta (1Y)
- 0.70
- Revenue Growth
- 8.15%
- EPS Growth
- 19.48%
- Country
- TW
- Employees
- 1,400
- Sector
- General
- Sector Strength
- 55
- Industry
- Communication Equipment
Netronix, Inc. Business Overview & Revenue Model
Company Description
Netronix, Inc., established in 1997 and based in Hsinchu, Taiwan, specializes in the worldwide design and production of network equipment and electronic reader devices. The company's extensive product portfolio also includes identification (ID) produ...
Netronix, Inc. Financial Statement Overview
Summary
A solid and improving financial profile. Revenue grew roughly 15% to NT$8.52 billion with gross margin expanding to about 21% and EBIT rising to NT$1.01 billion (Income Statement: 69). The balance sheet has been materially de-risked, with total debt down to NT$395 million and debt-to-equity at just 0.13, alongside an 18.1% ROE (Balance Sheet: 74). Cash generation is the standout, with operating cash flow nearly doubling to NT$1.38 billion and record free cash flow of NT$1.31 billion on light capex (Cash Flow: 85). Offsetting these strengths are a decline in net income to NT$556 million and a thinner 6.5% net margin despite higher sales, pointing to non-operating or tax drag, plus historically lumpy cash flows and reliance on non-debt liabilities.
Income Statement
69PositiveBalance Sheet
74PositiveCash Flow
85Very Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.18B | 8.52B | 7.41B | 6.65B | 6.27B | 5.55B |
| Gross Profit | 2.00B | 1.79B | 1.56B | 1.48B | 1.20B | 986.35M |
| EBITDA | 1.28B | 1.18B | 1.17B | 998.09M | 749.40M | 497.31M |
| Net Income | 677.24M | 555.94M | 630.46M | 370.95M | 342.70M | 271.55M |
Balance Sheet | ||||||
| Total Assets | 8.29B | 7.86B | 7.84B | 6.56B | 7.77B | 5.33B |
| Cash, Cash Equivalents and Short-Term Investments | 2.30B | 3.20B | 2.75B | 2.93B | 2.76B | 1.83B |
| Total Debt | 403.05M | 394.58M | 404.94M | 909.28M | 1.16B | 923.74M |
| Total Liabilities | 3.59B | 2.90B | 2.88B | 2.59B | 4.13B | 2.95B |
| Stockholders Equity | 2.83B | 3.08B | 3.14B | 2.84B | 2.75B | 2.11B |
Cash Flow | ||||||
| Free Cash Flow | 382.41M | 1.31B | 661.88M | 816.10M | 497.22M | 480.65M |
| Operating Cash Flow | 460.03M | 1.38B | 741.17M | 892.41M | 589.73M | 574.00M |
| Investing Cash Flow | -40.27M | 442.00M | 137.08M | -100.93M | -281.88M | 325.85M |
| Financing Cash Flow | -745.81M | -784.32M | -1.22B | -599.39M | 355.26M | -493.69M |
Netronix, Inc. Peers Comparison
Overall Rating
- TW:614368Neutral
TW:369467Neutral
TW:239756Neutral
TW:238754Neutral
TW:355845Neutral
TW:306243Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6143 | 68Neutral | TWD 5.80B | 9.01 | ― | 8.55% | 8.15% | 19.48% |
| TW:3694 | 67Neutral | TWD 6.47B | 10.10 | ― | 5.69% | 15.44% | 18.33% |
| TW:2397 | 56Neutral | TWD 6.35B | 16.95 | ― | 4.31% | 16.92% | -16.99% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:2387 | 54Neutral | TWD 5.78B | 17.77 | ― | 13.40% | -15.69% | -67.38% |
| TW:3558 | 45Neutral | TWD 6.20B | 50.48 | ― | 2.90% | -3.32% | -69.25% |
| TW:3062 | 43Neutral | TWD 6.39B | -9.39 | ― | ― | -1.21% | -212.49% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6143 | Netronix, Inc. | 70.20 | -51.99 | -42.55% | |
| TW:2387 | Sunrex Technology Corporation | 29.85 | -7.24 | -19.53% | |
| TW:2397 | DFI Inc. | 56.90 | -2.56 | -4.30% | |
| TW:3062 | CyberTAN Technology, Inc. | 18.60 | -7.60 | -29.01% | |
| TW:3558 | Senao Networks, Inc. | 103.50 | -30.83 | -22.95% | |
| TW:3694 | AzureWave Technologies, Inc. | 40.45 | -23.47 | -36.72% |
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