Adlink Technology Inc. (6166) AI Stock Analysis

Adlink Technology Inc.

(TWSE:6166)

Select Model

Rating:60Neutral

Price Target:TWD 95.00▲(1.71% Upside)

Action:initiatedcoverage

Date:11/10/26

Improving financials with strong revenue growth and better leverage provide the main support, tempered by weak technical signals as the stock trades below moving averages in a bearish trend.

Positive Factors

Mission-critical edge computingAdlink serves multiple mission- and reliability-critical markets where embedded computing is integrated into operational systems. This diversified application base can support durable demand and reduce reliance on a single end market, while lifecycle and integration support may deepen customer relationships.

Negative Factors

Earnings volatilityThe large swings in profitability indicate that Adlink’s earnings remain sensitive to business cycles, pricing, or cost conditions. Such volatility makes sustainable earnings power harder to predict and can limit management’s flexibility when planning investment, capacity, and other longer-term commitments.

Adlink Technology Inc. (6166) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 20.21B
Dividend Yield: 1.28%
Average Volume (3M): 1.64M
Price to Earnings (P/E): 16.5
Beta (1Y): 1.35
Revenue Growth: 31.89%
EPS Growth: 141.45%
Country: TW
Employees: 342
Sector: General
Sector Strength: 55
Industry: Computer Hardware

Adlink Technology Inc. Business Overview & Revenue Model

Company Description

ADLINK Technology, Inc. is a global provider of industrial computing solutions, developing and marketing a comprehensive array of hardware, software, and peripheral devices. Its operations extend across the Asia Pacific region, Mainland China, the Am...

Adlink Technology Inc. Financial Statement Overview

Summary

Revenue grew 39% with stable gross margins near 36% and net margins at 4.3%. Balance sheet shows debt-to-equity at 0.77 and ROE recovery to 9.1%, though cash flow remains volatile.

Income Statement

68Positive

Balance Sheet

74Positive

Cash Flow

62Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.10B	11.80B	10.08B	11.41B	11.72B	9.67B
Gross Profit	5.01B	4.22B	3.80B	4.18B	4.25B	3.56B
EBITDA	1.74B	965.81M	455.00M	905.89M	1.36B	552.55M
Net Income	1.14B	511.51M	50.90M	328.80M	805.86M	118.88M
Balance Sheet
Total Assets	16.59B	12.84B	12.65B	13.07B	13.60B	13.18B
Cash, Cash Equivalents and Short-Term Investments	2.38B	2.49B	2.10B	1.88B	2.02B	1.30B
Total Debt	4.08B	4.30B	4.27B	4.85B	4.76B	5.54B
Total Liabilities	10.42B	7.22B	7.24B	7.61B	7.92B	8.76B
Stockholders Equity	6.17B	5.60B	5.38B	5.39B	5.58B	4.42B
Cash Flow
Free Cash Flow	987.74M	666.65M	1.02B	275.05M	706.33M	-4.61B
Operating Cash Flow	1.12B	747.44M	1.17B	571.17M	931.63M	-1.17B
Investing Cash Flow	-171.15M	-127.76M	-133.60M	-235.36M	196.66M	-3.34B
Financing Cash Flow	-471.18M	-214.93M	-880.72M	-506.56M	-544.70M	3.85B

Adlink Technology Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6166 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6206	73Outperform	TWD 16.31B	12.80	―	4.72%	11.63%	24.44%
TW:6166	60Neutral	TWD 19.80B	16.47	―	1.28%	31.89%	141.45%
TW:3693	59Neutral	TWD 26.65B	45.88	―	1.17%	-20.76%	-34.98%
TW:6579	56Neutral	TWD 22.88B	12.07	―	2.76%	27.97%	109.74%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2359	53Neutral	TWD 17.00B	15.07	―	0.99%	5.84%	557.35%

* General Sector Average

Performance Comparison

TW:6166 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6166	Adlink Technology Inc.	93.40	35.82	62.20%
TW:2359	Solomon Technology Corp.	101.00	-23.60	-18.94%
TW:3693	AIC, Inc.	682.00	347.38	103.82%
TW:6206	Flytech Technology Co. Ltd.	116.50	20.11	20.86%
TW:6579	AAEON Technology Inc.	136.00	20.19	17.44%
TW:7805	QNAP Systems, Inc.	388.50	-177.87	-31.41%

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

Adlink Technology Inc. AI Stock Analysis