Quanta Storage Inc. (6188) AI Stock Analysis

Quanta Storage Inc.

(TPEx:6188)

Select Model

Rating:63Neutral

Price Target:TWD 52.00▲(3.38% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily supported by strong profitability and very low leverage, but materially reduced by negative cash flow and clearly bearish technical trends. The moderate P/E and high dividend yield provide secondary support.

Positive Factors

Improving ProfitabilityHigher revenue, expanding gross and net margins, and substantial net-income growth show stronger operating performance in 2025. If maintained, this combination can improve internal funding capacity and support Quanta Storage’s ability to invest across its storage and infrastructure businesses.

Negative Factors

Sharp Cash Flow DeteriorationThe reversal to negative operating and free cash flow creates a significant mismatch with reported net income of roughly 1.00B. Persistently weak cash conversion could reduce funding flexibility, increase reliance on balance-sheet resources, and make earnings quality less dependable.

Quanta Storage Inc. (6188) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 13.76B
Dividend Yield: 4.97%
Average Volume (3M): 767.58K
Price to Earnings (P/E): 21.9
Beta (1Y): 0.82
Revenue Growth: -5.70%
EPS Growth: -32.50%
Country: TW
Employees: 1,890
Sector: General
Sector Strength: 55
Industry: Computer Hardware

Quanta Storage Inc. Business Overview & Revenue Model

Company Description

Established in 1999 and headquartered in Taoyuan, Taiwan, Quanta Storage Inc., along with its subsidiaries, operates globally in the research, development, manufacturing, and distribution of data storage and processing equipment. Their market presenc...

Quanta Storage Inc. Financial Statement Overview

Summary

Strong profitability and an exceptionally conservative balance sheet are offset by weak 2025 cash flow, including negative operating cash flow and free cash flow.

Income Statement

85Very Positive

Balance Sheet

90Very Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.05B	9.59B	8.14B	10.38B	12.12B	11.03B
Gross Profit	2.41B	2.75B	2.25B	2.66B	2.74B	2.59B
EBITDA	1.36B	1.78B	1.22B	1.78B	1.47B	1.32B
Net Income	781.34M	1.00B	649.02M	1.11B	1.09B	993.23M
Balance Sheet
Total Assets	21.67B	20.10B	14.58B	14.24B	14.05B	14.36B
Cash, Cash Equivalents and Short-Term Investments	7.43B	9.16B	6.26B	7.71B	7.04B	7.50B
Total Debt	2.42B	149.54M	153.68M	116.40M	153.16M	598.33M
Total Liabilities	6.58B	5.08B	4.64B	4.65B	4.74B	5.61B
Stockholders Equity	12.75B	12.74B	9.54B	9.24B	8.97B	8.44B
Cash Flow
Free Cash Flow	-383.24M	-1.30B	679.97M	-221.91M	22.70M	723.19M
Operating Cash Flow	833.17M	-252.62M	1.42B	162.79M	767.45M	1.64B
Investing Cash Flow	-1.22B	-3.20B	-1.05B	809.88M	164.25M	-3.56B
Financing Cash Flow	751.41M	3.96B	-979.52M	-960.27M	-1.29B	710.75M

Quanta Storage Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6188 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6188	63Neutral	TWD 14.11B	21.92	―	4.97%	-5.70%	-32.50%
TW:2402	57Neutral	TWD 14.76B	30.24	―	3.96%	12.55%	-38.30%
TW:3704	57Neutral	TWD 14.44B	11.19	―	1.13%	4.90%	31.87%
TW:6189	57Neutral	TWD 11.54B	11.23	―	6.30%	-2.75%	36.35%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3701	50Neutral	TWD 13.61B	-24.81	―	0.35%	-16.41%	-435.36%

* General Sector Average

Performance Comparison

TW:6188 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6188	Quanta Storage Inc.	50.30	-42.45	-45.77%
TW:2402	ICHIA Technologies, Inc.	50.50	3.96	8.50%
TW:3701	FIC Global, Inc.	63.20	30.80	95.06%
TW:3704	Zyxel Group Corporation	35.30	0.40	1.15%
TW:6189	Promate Electronic Co., Ltd.	42.85	0.03	0.07%
TW:7805	QNAP Systems, Inc.	388.50	-189.67	-32.81%

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

Quanta Storage Inc. AI Stock Analysis