Wonderful Hi-Tech Co., Ltd. AI Stock Analysis
Wonderful Hi-Tech Co., Ltd. (6190) AI Stock Analysis
Wonderful Hi-Tech Co., Ltd.
(TPEx:6190)
Wonderful Hi-Tech scores below average, driven primarily by weak cash generation: heavy capacity investment has produced deeply negative free cash flow (NT$-632m) despite recovering revenue and improving operating margins. Supportive factors include a strengthening, de-levering balance sheet and a 3.75% dividend yield. Technicals are a significant drag, with the share price well below all key moving averages and negative MACD momentum, while a P/E of 22.6 leaves limited valuation cushion given thin 4.3% net margins and a falling return on equity. The investment cycle could support future earnings, but confirmation of better cash conversion and improving returns is needed.
Wonderful Hi-Tech Co., Ltd. (6190) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 10.37B
- Dividend Yield
- 3.42%
- Average Volume (3M)
- 1.93M
- Price to Earnings (P/E)
- 23.1
- Beta (1Y)
- 1.34
- Revenue Growth
- 9.36%
- EPS Growth
- 9.27%
- Country
- TW
- Employees
- 7,723
- Sector
- General
- Sector Strength
- 55
- Industry
- Electrical Equipment & Parts
Wonderful Hi-Tech Co., Ltd. Business Overview & Revenue Model
Company Description
Wonderful Hi-tech Co., Ltd. manufactures, purchases, sells, and imports/exports various wires and cable in Taiwan, China, Hong Kong, Thailand, Vietnam, and the United States. It also manufactures and sells a range of furniture and electronic equipmen...
Wonderful Hi-Tech Co., Ltd. Financial Statement Overview
Summary
Mixed quality. Revenue grew ~9% to NT$8.63bn with operating profit up ~19% and operating margin improving to 7.0%, and the balance sheet has steadily de-levered (debt/equity 0.59 vs 1.23 in 2021, equity funding ~48% of assets). However, net margin is thin at 4.3%, ROE has slipped to 9.6% from 17.9% in 2022, and cash flow is the clear weak point: operating cash flow of NT$308m covered only ~82% of net income, while ~NT$940m of capex pushed free cash flow to NT$-632m — negative in four of the last six years. Expansion is being funded externally, keeping funding and liquidity risk elevated until cash conversion improves.
Income Statement
61PositiveBalance Sheet
64PositiveCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.60B | 8.63B | 8.14B | 6.52B | 9.03B | 7.54B |
| Gross Profit | 1.52B | 1.48B | 1.38B | 960.31M | 1.57B | 1.07B |
| EBITDA | 871.74M | 826.80M | 855.92M | 645.75M | 997.88M | 564.34M |
| Net Income | 442.56M | 375.28M | 358.08M | 224.42M | 465.85M | 224.76M |
Balance Sheet | ||||||
| Total Assets | 9.76B | 8.12B | 6.87B | 5.62B | 6.31B | 6.46B |
| Cash, Cash Equivalents and Short-Term Investments | 1.18B | 1.14B | 1.00B | 778.03M | 725.77M | 515.47M |
| Total Debt | 3.34B | 2.34B | 1.99B | 1.71B | 2.10B | 2.59B |
| Total Liabilities | 5.24B | 3.70B | 3.31B | 2.69B | 3.27B | 4.00B |
| Stockholders Equity | 3.99B | 3.93B | 3.06B | 2.52B | 2.60B | 2.10B |
Cash Flow | ||||||
| Free Cash Flow | -1.57B | -632.09M | -84.06M | 733.27M | 809.88M | -773.30M |
| Operating Cash Flow | -583.96M | 307.81M | 112.48M | 881.90M | 1.02B | -454.57M |
| Investing Cash Flow | -1.02B | -900.62M | -293.35M | -115.26M | -284.45M | -331.30M |
| Financing Cash Flow | 1.51B | 753.15M | 220.37M | -723.34M | -613.07M | 937.86M |
Wonderful Hi-Tech Co., Ltd. Peers Comparison
Overall Rating
TW:626375Outperform
TW:320959Neutral- TW:619051Neutral
TW:233241Neutral
TW:248539Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6263 | 75Outperform | TWD 9.84B | 17.61 | ― | 4.95% | 0.94% | 4.67% |
| TW:3209 | 59Neutral | TWD 11.57B | 8.56 | ― | 4.27% | 22.25% | 199.92% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6190 | 51Neutral | TWD 10.53B | 23.09 | ― | 3.42% | 9.36% | 9.27% |
| TW:2332 | 41Neutral | TWD 10.54B | -37.21 | ― | 0.57% | 3.00% | -18.21% |
| TW:2485 | 39Underperform | TWD 10.02B | 36.85 | ― | ― | 74.93% | ― |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6190 | Wonderful Hi-Tech Co., Ltd. | 56.90 | 13.60 | 31.41% | |
| TW:1623 | Ta Tun Electric Wire & Cable Co Ltd | 159.50 | -59.86 | -27.29% | |
| TW:2332 | D-Link Corporation | 16.15 | 0.25 | 1.57% | |
| TW:2485 | Zinwell Corporation | 32.00 | 14.10 | 78.77% | |
| TW:3209 | Alltek Technology Corp. | 47.60 | 17.38 | 57.53% | |
| TW:6263 | Planet Technology Corporation | 157.00 | 31.63 | 25.23% |
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