Tong Hsing Electronic Industries ,Ltd. AI Stock Analysis
Tong Hsing Electronic Industries ,Ltd. (6271) AI Stock Analysis
Tong Hsing Electronic Industries ,Ltd.
(TWSE:6271)
The score is anchored by solid fundamentals: a conservatively financed balance sheet with minimal debt, a strong rebound in free cash flow, and improving revenue and margins as the company emerges from a cyclical downturn. Valuation is reasonable at roughly 18x earnings with a 1.8% dividend yield. The main drag is technical weakness, with the share price trading far below all major moving averages and a negative MACD pointing to a persistent downtrend, though oversold RSI and stochastic readings suggest downside momentum may be stretched. Secondary concerns include a modest ~7.9% return on equity, some reliance on non-operating income, and the capital intensity and cyclicality inherent to the business.
Tong Hsing Electronic Industries ,Ltd. (6271) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 44.95B
- Dividend Yield
- 1.47%
- Average Volume (3M)
- 4.02M
- Price to Earnings (P/E)
- 20.5
- Beta (1Y)
- 1.32
- Revenue Growth
- 4.90%
- EPS Growth
- 41.69%
- Country
- TW
- Employees
- 4,821
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Tong Hsing Electronic Industries ,Ltd. Business Overview & Revenue Model
Company Description
Tong Hsing Electronic Industries, Ltd. engages in the development and production of thick film substrates and customized semiconductor micro-module packaging. It offers ceramic metalized substrate, such as direct plated copper, direct bonded copper,...
Tong Hsing Electronic Industries ,Ltd. Financial Statement Overview
Summary
Tong Hsing combines a very strong balance sheet (score 82) with improving cash generation (74) and a recovering income statement (70). Equity funds about 77% of assets and debt-to-equity is a conservative 0.15, while TTM operating cash flow of NT$3.06bn exceeds net income and free cash flow of NT$2.38bn has turned sharply positive after two negative years. Revenue is growing again (+5.5% to NT$12.28bn) with gross margin up to 29.8% and net margin to 17.4%. Offsetting this, results remain well below the 2022 peak, return on equity is a modest ~7.9%, part of TTM earnings comes from non-operating sources, and the business is capital-intensive and demonstrably cyclical.
Income Statement
70PositiveBalance Sheet
82Very PositiveCash Flow
74Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 12.28B | 11.54B | 12.09B | 11.58B | 14.07B | 13.86B |
| Gross Profit | 3.66B | 3.19B | 3.33B | 2.79B | 5.01B | 4.61B |
| EBITDA | 3.17B | 2.98B | 3.77B | 2.84B | 5.36B | 4.98B |
| Net Income | 2.14B | 1.60B | 1.71B | 1.15B | 3.14B | 2.76B |
Balance Sheet | ||||||
| Total Assets | 36.32B | 34.36B | 34.62B | 33.66B | 34.26B | 27.54B |
| Cash, Cash Equivalents and Short-Term Investments | 8.24B | 7.24B | 7.04B | 5.17B | 7.76B | 4.66B |
| Total Debt | 4.22B | 4.14B | 5.19B | 5.38B | 5.33B | 208.91M |
| Total Liabilities | 8.42B | 7.62B | 8.78B | 9.22B | 9.74B | 4.55B |
| Stockholders Equity | 27.84B | 26.68B | 25.79B | 24.44B | 24.52B | 22.98B |
Cash Flow | ||||||
| Free Cash Flow | 2.38B | 1.51B | -750.84M | -364.43M | 1.15B | 2.21B |
| Operating Cash Flow | 3.06B | 2.96B | 572.55M | 2.43B | 4.56B | 4.61B |
| Investing Cash Flow | -1.36B | -755.26M | -1.57B | -3.90B | -5.06B | -2.73B |
| Financing Cash Flow | -962.05M | -1.69B | -823.93M | -1.27B | 3.49B | -1.26B |
Tong Hsing Electronic Industries ,Ltd. Peers Comparison
Overall Rating
- TW:627168Neutral
TW:813165Neutral
TW:802857Neutral
TW:232956Neutral
TW:499154Neutral
TW:301644Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6271 | 68Neutral | TWD 42.48B | 20.55 | ― | 1.47% | 4.90% | 41.69% |
| TW:8131 | 65Neutral | TWD 23.84B | 13.29 | ― | 1.86% | 37.20% | 416.69% |
| TW:8028 | 57Neutral | TWD 37.35B | 35.55 | ― | 1.33% | 24.28% | 51.82% |
| TW:2329 | 56Neutral | TWD 24.47B | 14.80 | ― | 2.68% | 10.61% | 51.02% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:4991 | 54Neutral | TWD 42.26B | 78.98 | ― | ― | 52.19% | ― |
| TW:3016 | 44Neutral | TWD 34.46B | 62.18 | ― | 0.42% | 29.78% | 22824.42% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6271 | Tong Hsing Electronic Industries ,Ltd. | 203.50 | 77.10 | 61.00% | |
| TW:2329 | Orient Semiconductor Electronics, Limited | 37.30 | -14.60 | -28.13% | |
| TW:3016 | Episil-Precision, Inc. | 117.50 | 65.19 | 124.61% | |
| TW:4991 | GCS Holdings, Inc. | 352.00 | 186.17 | 112.27% | |
| TW:8028 | Phoenix Silicon International Corp. | 203.50 | 43.93 | 27.53% | |
| TW:8131 | Formosa Advanced Technologies Co., Ltd. | 53.90 | 6.24 | 13.10% |
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