Sporton International Inc. (6146) AI Stock Analysis

Sporton International Inc.

(TPEx:6146)

Select Model

Rating:73Outperform

Price Target:TWD 192.00▲(8.78% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by strong financial performance and attractive valuation, especially the exceptionally strong balance sheet and high dividend yield. Weak technical momentum and declining free cash flow and profitability trends materially reduce the overall score.

Positive Factors

Conservative Balance SheetVery low and improving leverage gives Sporton substantial financial resilience through changing demand conditions. A growing equity base reduces balance-sheet risk, preserves borrowing capacity, and supports continued investment or shareholder distributions without excessive financing pressure.

Negative Factors

Revenue ContractionRevenue declines over multiple consecutive years indicate that recent business expansion has lost momentum rather than reflecting a single quarterly fluctuation. Prolonged top-line weakness can limit operating leverage, reduce investment capacity, and make future margin recovery more difficult.

Sporton International Inc. (6146) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 18.03B
Dividend Yield: 9.92%
Average Volume (3M): 387.86K
Price to Earnings (P/E): 15.0
Beta (1Y): 0.72
Revenue Growth: 7.50%
EPS Growth: 10.61%
Country: TW
Employees: 1,142
Sector: General
Sector Strength: 55
Industry: Specialty Business Services

Sporton International Inc. Business Overview & Revenue Model

Company Description

Sporton International Inc. is a global provider of product testing and certification services, maintaining a significant presence in Taiwan. The company assists clients with mobile device development, offering support from design consultation and tra...

Sporton International Inc. Financial Statement Overview

Summary

Strong overall financial quality, led by an exceptionally strong balance sheet and low leverage. Profitability and revenue improved in 2025, but declining margins, return on equity, and free cash flow limit the score.

Income Statement

82Very Positive

Balance Sheet

96Very Positive

Cash Flow

78Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.70B	4.49B	4.56B	4.83B	5.02B	4.32B
Gross Profit	2.17B	2.07B	2.29B	2.57B	2.76B	2.16B
EBITDA	1.90B	1.87B	2.17B	2.36B	2.50B	1.85B
Net Income	1.16B	1.10B	1.29B	1.46B	1.54B	1.07B
Balance Sheet
Total Assets	8.98B	8.02B	8.00B	7.57B	7.17B	6.13B
Cash, Cash Equivalents and Short-Term Investments	3.19B	3.64B	3.47B	3.17B	3.08B	2.23B
Total Debt	180.12M	160.26M	266.35M	174.25M	184.88M	200.29M
Total Liabilities	3.10B	1.76B	1.88B	1.84B	1.84B	1.52B
Stockholders Equity	5.34B	5.76B	5.67B	5.36B	5.00B	4.35B
Cash Flow
Free Cash Flow	192.46M	1.19B	1.36B	1.29B	1.68B	1.48B
Operating Cash Flow	411.15M	1.37B	1.58B	1.69B	2.18B	1.95B
Investing Cash Flow	8.22M	-440.73M	94.69M	-1.38B	-958.64M	-453.47M
Financing Cash Flow	-91.06M	-1.11B	-1.12B	-1.10B	-912.78M	-606.28M

Sporton International Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6146 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6146	73Outperform	TWD 17.83B	14.95	―	9.92%	7.50%	10.61%
TW:6903	66Neutral	TWD 18.34B	12.78	―	3.04%	196.19%	262.75%
TW:6640	64Neutral	TWD 22.20B	38.13	―	1.79%	38.95%	50.60%
TW:3265	58Neutral	TWD 21.46B	23.62	―	2.47%	15.38%	34.04%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:6146 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6146	Sporton International Inc.	176.50	25.20	16.66%
TW:3265	Winstek Semiconductor Co. Ltd.	166.00	72.87	78.25%
TW:6640	Gallant Micro Machining Co. Ltd.	840.00	253.00	43.10%
TW:6903	Jiu Han System Technology Co Ltd	280.00	117.13	71.91%
TW:6920	Phoenix Pioneer Technology Co., Ltd.	78.30	46.50	146.23%
TW:7853	Cheng Mei Instrument Technology Co., Ltd.	332.50	266.00	400.00%

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

Sporton International Inc. AI Stock Analysis