All Ring Tech Co., Ltd. (6187) AI Stock Analysis

All Ring Tech Co., Ltd.

(TPEx:6187)

Select Model

Rating:69Neutral

Price Target:TWD 946.00▼(-7.71% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by strong profitability, balance-sheet strength, and improving cash generation. These strengths are substantially offset by weak technical momentum and an expensive valuation, while revenue decline adds moderate growth risk.

Positive Factors

High ProfitabilityStrong gross, operating, and net margins indicate that the company retains substantial value from its specialized technology offerings. If maintained, this profitability provides funding for investment, supports resilience through industry cycles, and gives management flexibility in capital allocation.

Negative Factors

Revenue VolatilityThe recent revenue contraction shows that strong margins have not eliminated demand or cycle sensitivity. Continued fluctuations in customer production and electronics activity could make growth less predictable, complicate capacity planning, and limit the consistency of future earnings expansion.

All Ring Tech Co., Ltd. (6187) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 97.02B
Dividend Yield: 1.14%
Average Volume (3M): 2.91M
Price to Earnings (P/E): 52.6
Beta (1Y): 1.38
Revenue Growth: 0.81%
EPS Growth: 12.66%
Country: TW
Employees: 275
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

All Ring Tech Co., Ltd. Business Overview & Revenue Model

Company Description

All Ring Tech Co., Ltd., founded in 1996 and headquartered in Kaohsiung, Taiwan, is a prominent firm specializing in the creation, production, and assembly of automation machines for both Taiwanese and Chinese markets. The company boasts a comprehens...

All Ring Tech Co., Ltd. Financial Statement Overview

Summary

Strong financial profile, supported by improving margins, very low leverage, high return on equity, and stronger operating cash flow. Revenue declined in 2025, and historical revenue and cash-flow trends were volatile.

Income Statement

82Very Positive

Balance Sheet

91Very Positive

Cash Flow

79Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.36B	5.37B	5.53B	1.21B	2.25B	2.60B
Gross Profit	3.37B	2.91B	2.72B	624.49M	1.08B	1.22B
EBITDA	2.08B	1.89B	1.63B	223.30M	661.96M	687.79M
Net Income	1.89B	1.49B	1.31B	138.17M	499.04M	541.22M
Balance Sheet
Total Assets	13.52B	9.61B	8.80B	4.49B	4.16B	3.58B
Cash, Cash Equivalents and Short-Term Investments	4.73B	4.30B	3.60B	1.14B	1.44B	666.32M
Total Debt	110.56M	434.85M	383.60M	889.18M	910.38M	122.00M
Total Liabilities	4.75B	2.12B	2.28B	2.01B	1.73B	1.28B
Stockholders Equity	8.52B	7.30B	6.52B	2.48B	2.43B	2.30B
Cash Flow
Free Cash Flow	668.64M	1.43B	695.53M	71.52M	244.40M	81.62M
Operating Cash Flow	2.02B	1.96B	1.08B	209.58M	602.39M	152.21M
Investing Cash Flow	-1.37B	-665.92M	-358.66M	-406.11M	-355.88M	-183.58M
Financing Cash Flow	-808.28M	-645.47M	1.85B	-256.68M	499.27M	-166.86M

All Ring Tech Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6187 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:3030	71Outperform	TWD 53.27B	16.57	―	3.10%	31.61%	40.48%
TW:6187	69Neutral	TWD 98.80B	52.55	―	1.14%	0.81%	12.66%
TW:2467	66Neutral	TWD 50.73B	25.46	―	1.74%	71.68%	144.03%
TW:3131	66Neutral	TWD 49.68B	28.86	―	2.70%	37.72%	73.19%
TW:3583	59Neutral	TWD 40.40B	28.85	―	2.41%	7.90%	44.45%
TW:8021	57Neutral	TWD 54.28B	74.46	―	0.53%	70.02%	257.46%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

TW:6187 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6187	All Ring Tech Co., Ltd.	1025.00	691.24	207.11%
TW:2467	C Sun Mfg. Ltd.	315.50	141.16	80.96%
TW:3030	Test Research, Inc.	225.50	76.31	51.14%
TW:3131	Grand Process Technology Corporation	1705.00	325.39	23.59%
TW:3583	Scientech Corporation	486.50	164.99	51.32%
TW:8021	Topoint Technology Co., Ltd.	369.00	234.82	175.00%

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 10, 2026

All Ring Tech Co., Ltd. AI Stock Analysis