Welldone Company AI Stock Analysis
Welldone Company (6170) AI Stock Analysis
Welldone Company
(TPEx:6170)
Welldone scores well on the strength of a clear financial turnaround - tripled profits, materially wider margins, falling leverage and 20%+ return on equity - combined with a notably cheap valuation at roughly 10x earnings and an 8.1% dividend yield. The principal risk is cash conversion: operating cash flow declined in 2025 and free cash flow covers only about two-thirds of reported profit, with net income exceeding operating profit, suggesting some earnings may not be repeatable or fully supportive of the payout. Technically the shares remain above their medium- and long-term moving averages, though near-term momentum has flattened, leaving an overall profile of solid fundamentals and attractive value tempered by cash-flow durability concerns.
Welldone Company (6170) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.83B
- Dividend Yield
- 8.15%
- Average Volume (3M)
- 185.61K
- Price to Earnings (P/E)
- 10.1
- Beta (1Y)
- 0.32
- Revenue Growth
- 1.82%
- EPS Growth
- 30.33%
- Country
- TW
- Employees
- 454
- Sector
- General
- Sector Strength
- 55
- Industry
- Telecommunications Services
Welldone Company Business Overview & Revenue Model
Company Description
Welldone Company, together with its associated subsidiaries, focuses its primary operations in Taiwan, concentrating on telecommunications, mobile game publishing, and digital entertainment. Its telecommunications division handles the distribution of...
Welldone Company Financial Statement Overview
Summary
A genuine turnaround: revenue has returned to growth (NT$3.19bn in 2025, +9.7%), gross margin widened from 19.2% to 31.3% and net income tripled since 2020, while debt-to-equity fell from 1.01x to 0.64x and return on equity climbed above 20% (Income Statement 78, Balance Sheet 70). The offset is cash flow (score 57): operating cash fell 31% in 2025 to NT$279m and free cash flow covers only ~63% of reported earnings, and net income exceeding operating profit suggests part of the profit uplift is non-core. Leverage of ~2.3x EBITDA is manageable but leaves limited slack if margins slip.
Income Statement
78PositiveBalance Sheet
70PositiveCash Flow
57Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.17B | 3.19B | 2.91B | 2.26B | 2.47B | 2.98B |
| Gross Profit | 1.01B | 997.55M | 865.39M | 700.29M | 608.57M | 631.61M |
| EBITDA | 514.79M | 590.66M | 459.53M | 370.06M | 301.49M | 258.14M |
| Net Income | 476.24M | 437.76M | 330.12M | 249.12M | 237.88M | 162.12M |
Balance Sheet | ||||||
| Total Assets | 5.32B | 4.37B | 4.47B | 4.12B | 3.17B | 3.20B |
| Cash, Cash Equivalents and Short-Term Investments | 248.14M | 2.45B | 2.58B | 259.36M | 500.57M | 1.10B |
| Total Debt | 1.10B | 1.36B | 1.40B | 1.31B | 1.41B | 1.22B |
| Total Liabilities | 3.35B | 2.23B | 2.51B | 2.17B | 1.76B | 1.66B |
| Stockholders Equity | 1.96B | 2.13B | 1.95B | 1.89B | 1.40B | 1.31B |
Cash Flow | ||||||
| Free Cash Flow | 426.84M | 276.11M | 405.24M | 156.16M | 188.32M | 1.77M |
| Operating Cash Flow | 432.98M | 278.95M | 405.46M | 156.60M | 191.92M | 13.50M |
| Investing Cash Flow | -15.95M | -12.90M | 34.73M | -613.22M | -295.08M | -507.37M |
| Financing Cash Flow | -450.53M | -338.66M | -182.16M | 171.69M | 284.38M | 210.82M |
Welldone Company Peers Comparison
Overall Rating
- TW:617071Outperform
TW:246864Neutral
TW:242762Neutral
TW:490359Neutral
TW:352845Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6170 | 71Outperform | TWD 4.72B | 10.12 | ― | 8.15% | 1.82% | 30.33% |
| TW:2468 | 64Neutral | TWD 4.62B | 50.22 | ― | 1.46% | -1.96% | 18.20% |
| TW:2427 | 62Neutral | TWD 4.28B | 86.30 | ― | 3.53% | 21.74% | -84.64% |
| TW:4903 | 59Neutral | TWD 5.35B | 88.77 | ― | 0.59% | 25.68% | -3.54% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3528 | 45Neutral | TWD 4.86B | 7.47 | ― | 2.02% | 89.77% | 2019.96% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6170 | Welldone Company | 49.05 | 0.84 | 1.75% | |
| TW:2427 | Mercuries Data Systems Ltd. | 19.85 | -5.94 | -23.04% | |
| TW:2468 | Fortune Information System Corp. | 68.30 | 26.67 | 64.08% | |
| TW:3528 | Macnica Anstek Inc. | 68.20 | -1.43 | -2.05% | |
| TW:4903 | United Fiber Optic Communication Inc. | 50.80 | 19.63 | 63.00% | |
| TW:8045 | Twoway Communications Inc. | 41.95 | -38.66 | -47.96% |
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