aiPlex Corporation (6225) AI Stock Analysis

aiPlex Corporation

(TWSE:6225)

Select Model

Rating:62Neutral

Price Target:TWD 85.00▲(7.46% Upside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by a strong, low-leverage balance sheet and moderately favorable technical positioning. These strengths are offset by continued losses, limited cash-generation strength, and an unfavorable valuation profile based on the negative P/E ratio.

Positive Factors

Revenue GrowthRevenue growth re-accelerating after a flat 2024 indicates improving top-line traction and renewed demand for the company’s offerings. If maintained, this provides a stronger base for operating leverage, reinvestment, and potential earnings recovery over the next several quarters.

Negative Factors

Unstable ProfitabilityThe return to net and operating losses after prior profitability indicates that earnings power remains inconsistent. Continued volatility can limit internally generated capital, make performance less predictable, and reduce the likelihood that revenue growth will translate into durable shareholder returns.

aiPlex Corporation (6225) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 2.22B
Dividend Yield: ―
Average Volume (3M): 261.63K
Price to Earnings (P/E): -1143.1
Beta (1Y): -0.10
Revenue Growth: 18.84%
EPS Growth: 60.80%
Country: TW
Employees: 73
Sector: General
Sector Strength: 55
Industry: Consumer Electronics

aiPlex Corporation Business Overview & Revenue Model

Company Description

aiPlex Corporation, alongside its various subsidiaries, specializes in the provision of digital cameras, in-car video recorders, and compact projectors. The company, which was established in 1986, operates globally while maintaining its main offices...

aiPlex Corporation Financial Statement Overview

Summary

The balance sheet is strong, with substantially lower debt and a 0.04 debt-to-equity ratio. Gross margins and operating cash flow improved, but continued net losses, negative return on equity, stagnant revenue, and weak free-cash-flow growth limit the score.

Income Statement

62Positive

Balance Sheet

86Very Positive

Cash Flow

49Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	60.99M	54.49M	54.26M	53.54M	34.17M	30.93M
Gross Profit	27.70M	22.21M	10.34M	9.37M	7.05M	6.49M
EBITDA	999.00K	2.70M	-1.52M	9.22M	-3.42M	-3.26M
Net Income	-2.03M	-1.78M	-1.89M	8.72M	-3.94M	-3.77M
Balance Sheet
Total Assets	158.35M	97.86M	130.55M	105.23M	97.41M	24.54M
Cash, Cash Equivalents and Short-Term Investments	55.27M	49.89M	81.44M	78.17M	78.61M	4.09M
Total Debt	47.43M	3.21M	31.18M	149.00K	250.00K	510.00K
Total Liabilities	73.28M	11.30M	41.07M	9.94M	10.84M	12.02M
Stockholders Equity	85.07M	86.56M	89.47M	95.30M	86.58M	12.52M
Cash Flow
Free Cash Flow	-18.92M	1.97M	-7.11M	-5.72M	-3.21M	-8.61M
Operating Cash Flow	-5.59M	3.45M	-7.11M	-5.72M	-3.19M	-8.51M
Investing Cash Flow	-11.10M	-7.32M	-3.31M	-20.25M	-22.00K	-100.00K
Financing Cash Flow	22.62M	-2.03M	-314.00K	-260.00K	77.73M	-264.00K

aiPlex Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6225 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:4974	64Neutral	TWD 4.55B	12.88	―	6.25%	-18.51%	-25.78%
TW:6225	62Neutral	TWD 4.86B	-1143.06	―	―	18.84%	60.80%
TW:3356	58Neutral	TWD 4.41B	4.77	―	8.95%	-1.81%	529.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2365	51Neutral	TWD 5.34B	46.55	―	1.27%	12.45%	59.79%
TW:2417	43Neutral	TWD 4.64B	23.77	―	0.76%	9.30%	―

* General Sector Average

Performance Comparison

TW:6225 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6225	aiPlex Corporation	79.10	67.22	565.94%
TW:2365	KYE Systems Corp.	23.60	-10.34	-30.46%
TW:2417	AVerMedia Technologies, Inc.	32.80	-3.01	-8.41%
TW:3356	GeoVision, Inc.	65.50	12.45	23.46%
TW:4974	Asia Tech Image Inc.	62.40	-4.98	-7.38%
TW:6695	iCatch Technology, Inc.	49.90	5.05	11.26%

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

aiPlex Corporation AI Stock Analysis