P-Two Industries Inc. AI Stock Analysis
P-Two Industries Inc. (6158) AI Stock Analysis
P-Two Industries Inc.
(TPEx:6158)
P-Two Industries scores low primarily because of deteriorating operating performance: multi-year revenue decline, sharp gross margin compression, an operating loss and return on equity of just 0.5%, compounded by negative free cash flow as capex outpaced a halved operating cash flow. Technicals reinforce the caution, with the price below all key moving averages and a negative MACD, although deeply oversold RSI and Stochastic readings hint at potential short-term stabilization. Supporting the score are a conservative balance sheet with moderate and declining leverage, continued positive operating cash generation, a high 6.48% dividend yield and low beta — but the negative P/E and weak earnings quality raise questions about how sustainable that payout is. Earnings call and corporate event data were unavailable and therefore excluded.
P-Two Industries Inc. (6158) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 886.64M
- Dividend Yield
- 6.24%
- Average Volume (3M)
- 54.82K
- Price to Earnings (P/E)
- -9.5
- Beta (1Y)
- 0.58
- Revenue Growth
- -0.14%
- EPS Growth
- -286.70%
- Country
- TW
- Employees
- 310
- Sector
- General
- Sector Strength
- 55
- Industry
- Hardware, Equipment & Parts
P-Two Industries Inc. Business Overview & Revenue Model
Company Description
P-Two Industries Inc. is a Taiwan-based enterprise that specializes in the manufacturing and distribution of a broad spectrum of computer-related components and connectors. The company offers a comprehensive range of advanced connectivity solutions,...
P-Two Industries Inc. Financial Statement Overview
Summary
Weak operating fundamentals dominate: revenue has drifted lower since 2021 (NT$2.20bn to ~NT$1.80bn), gross margin compressed over five points to 24.4%, and the company swung to an operating loss of ~NT$23m with net income of just NT$5.9m (0.3% net margin). The balance sheet is the bright spot — debt-to-equity of 0.47 reflects multi-year deleveraging and equity funds roughly half of assets — but return on equity collapsed to 0.5%. Cash flow remains positive at the operating level (~NT$167m, far above reported profit), yet it fell more than 50% year over year and capex of ~NT$217m pushed free cash flow to negative NT$50m.
Income Statement
31NegativeBalance Sheet
57NeutralCash Flow
46Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.80B | 1.80B | 1.92B | 1.76B | 1.96B | 2.20B |
| Gross Profit | 328.98M | 440.25M | 574.82M | 488.61M | 494.70M | 641.78M |
| EBITDA | 40.27M | 180.52M | 305.64M | 286.42M | 257.64M | 343.93M |
| Net Income | -93.87M | 5.92M | 68.51M | 76.74M | 63.82M | 161.99M |
Balance Sheet | ||||||
| Total Assets | 2.35B | 2.21B | 2.35B | 2.21B | 2.12B | 2.34B |
| Cash, Cash Equivalents and Short-Term Investments | 430.79M | 325.16M | 438.41M | 448.62M | 347.01M | 330.18M |
| Total Debt | 607.42M | 518.56M | 495.42M | 592.95M | 555.89M | 666.11M |
| Total Liabilities | 1.23B | 1.10B | 1.12B | 1.11B | 1.03B | 1.35B |
| Stockholders Equity | 1.12B | 1.11B | 1.23B | 1.10B | 1.10B | 989.40M |
Cash Flow | ||||||
| Free Cash Flow | 23.93M | -50.12M | 153.68M | 98.45M | 216.27M | 84.08M |
| Operating Cash Flow | 193.36M | 167.04M | 362.51M | 267.02M | 425.46M | 314.80M |
| Investing Cash Flow | -165.89M | -215.68M | -210.69M | -142.86M | -224.09M | -231.29M |
| Financing Cash Flow | -88.53M | -50.32M | -195.17M | -20.26M | -192.48M | -42.90M |
P-Two Industries Inc. Peers Comparison
Overall Rating
TW:334945Neutral- TW:615844Neutral
TW:659342Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3349 | 45Neutral | TWD 856.01M | -15.17 | ― | ― | -19.46% | -2.48% |
| TW:6158 | 44Neutral | TWD 875.22M | -9.51 | ― | 6.24% | -0.14% | -286.70% |
| TW:6593 | 42Neutral | TWD 981.30M | -11.72 | ― | 1.42% | -0.05% | -20.36% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6158 | P-Two Industries Inc. | 16.25 | -6.10 | -27.29% | |
| TW:2245 | Nww Manufacturing Co. Ltd. | 22.80 | -2.54 | -10.03% | |
| TW:3184 | MicroBase Technology Corp. | 13.75 | 1.70 | 14.15% | |
| TW:3349 | DEXIN Corporation | 17.90 | -1.50 | -7.73% | |
| TW:6593 | Taiwan Name Plate Co., Ltd. | 31.40 | -9.70 | -23.60% | |
| TW:6833 | T-Conn Precision Corporation | 17.50 | -6.23 | -26.26% |
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