Wonderful Hi-Tech Co., Ltd. (6190) AI Stock Analysis

Wonderful Hi-Tech Co., Ltd.

(TPEx:6190)

Select Model

Rating:54Neutral

Price Target:TWD 53.00▼(-6.85% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is primarily constrained by weak and negative free cash flow, despite improving leverage, continued profitability, and revenue growth. Bearish technical momentum further weighs on the outlook, while the dividend yield provides partial support against a moderately valued P/E ratio.

Positive Factors

Revenue RecoveryThe two-year revenue rebound indicates demand has recovered meaningfully from the 2023 downturn. Continued growth in 2025 supports a better operating base, improves utilization potential, and gives the company a foundation for sustaining positive earnings over the coming quarters.

Negative Factors

Negative Free Cash FlowDeeply negative free cash flow despite positive earnings signals weak recent cash conversion and may reflect working-capital pressure or elevated investment needs. If sustained, it can reduce funding flexibility, increase reliance on external financing, and constrain capital allocation.

Wonderful Hi-Tech Co., Ltd. (6190) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 11.28B
Dividend Yield: 3.40%
Average Volume (3M): 1.91M
Price to Earnings (P/E): 25.6
Beta (1Y): 1.36
Revenue Growth: 24.97%
EPS Growth: 45.85%
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

Profitability and revenue growth are positive, and leverage has improved substantially. However, persistently negative free cash flow and weaker cash conversion materially reduce financial quality.

Income Statement

68Positive

Balance Sheet

76Positive

Cash Flow

24Negative

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6190 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6263	75Outperform	TWD 9.84B	17.67	―	4.97%	0.94%	4.67%
TW:3209	59Neutral	TWD 11.57B	8.01	―	4.20%	22.25%	199.92%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6190	54Neutral	TWD 10.53B	25.64	―	3.40%	24.97%	45.85%
TW:2332	41Neutral	TWD 10.54B	-34.34	―	0.57%	5.89%	52.10%
TW:2485	39Underperform	TWD 10.02B	37.38	―	―	74.93%	―

* General Sector Average

Performance Comparison

TW:6190 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6190	Wonderful Hi-Tech Co., Ltd.	56.90	15.21	36.48%
TW:1623	Ta Tun Electric Wire & Cable Co Ltd	159.50	-58.42	-26.81%
TW:2332	D-Link Corporation	16.15	0.60	3.86%
TW:2485	Zinwell Corporation	32.00	13.80	75.82%
TW:3209	Alltek Technology Corp.	47.60	16.88	54.94%
TW:6263	Planet Technology Corporation	157.00	30.19	23.81%

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 09, 2026

Wonderful Hi-Tech Co., Ltd. AI Stock Analysis