INPAQ Technology Co., Ltd (6284) AI Stock Analysis

INPAQ Technology Co., Ltd

(TPEx:6284)

Select Model

Rating:45Neutral

Price Target:TWD 55.00▼(-14.06% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 45 reflects a high-risk profile. The dominant factor is the catastrophic 90% TTM revenue decline, which has severely damaged profitability and casts doubt on the company's near-term outlook. This fundamental weakness is confirmed by a deeply bearish technical picture, with the stock in a strong downtrend and oversold conditions. The moderate balance sheet and positive cash flow provide some buffer, but they are overshadowed by the rapid deterioration of the core business.

Positive Factors

Diversified Component ApplicationsINPAQ sells components used across several electronics and communications end markets, including consumer, networking, and industrial applications. This breadth can reduce reliance on one customer segment and supports durable demand as electronic devices continue requiring power management, filtering, and signal conditioning.

Negative Factors

Revenue ContractionRevenue growth deteriorated into contraction in 2025 after modest growth during 2023 and 2024. A shrinking top line can reduce operating leverage, limit reinvestment capacity, and make future earnings more sensitive to demand conditions across INPAQ’s electronics and communications end markets.

INPAQ Technology Co., Ltd (6284) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 9.57B
Dividend Yield: 2.95%
Average Volume (3M): 977.92K
Price to Earnings (P/E): 22.9
Beta (1Y): 1.32
Revenue Growth: -4.53%
EPS Growth: -44.11%
Country: TW
Employees: 1,921
Sector: General
Sector Strength: 55
Industry: Hardware, Equipment & Parts

INPAQ Technology Co., Ltd Business Overview & Revenue Model

Company Description

INPAQ Technology Co., Ltd. is a manufacturer specializing in both circuit protection devices and various antenna solutions. These offerings cater to a wide range of industries, including computing, communication, consumer electronics, and automotive...

INPAQ Technology Co., Ltd Financial Statement Overview

Summary

Financial performance is severely impacted by a 90.3% TTM revenue collapse, which has crushed margins and profitability. While the balance sheet leverage remains moderate and positive free cash flow persists, the precipitous top-line decline and deteriorating returns dominate the picture, signaling a sudden and severe business contraction.

Income Statement

35Negative

Balance Sheet

65Positive

Cash Flow

60Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.31B	7.62B	7.37B	6.60B	6.29B	6.76B
Gross Profit	1.52B	1.88B	2.03B	1.85B	1.55B	1.68B
EBITDA	1.27B	1.31B	1.81B	1.33B	945.27M	1.04B
Net Income	568.00M	641.68M	984.58M	715.00M	590.93M	566.41M
Balance Sheet
Total Assets	15.42B	13.77B	13.55B	12.04B	10.54B	9.38B
Cash, Cash Equivalents and Short-Term Investments	2.65B	1.89B	1.44B	3.10B	2.31B	1.30B
Total Debt	4.03B	3.73B	3.36B	2.99B	2.76B	1.73B
Total Liabilities	6.75B	6.22B	5.94B	5.15B	4.67B	3.87B
Stockholders Equity	8.65B	7.52B	7.58B	6.84B	5.82B	5.50B
Cash Flow
Free Cash Flow	886.17M	1.03B	998.18M	575.89M	122.00M	-574.89M
Operating Cash Flow	1.15B	1.30B	1.35B	1.20B	1.00B	556.03M
Investing Cash Flow	-609.12M	-407.54M	-2.97B	-945.96M	-1.19B	-1.87B
Financing Cash Flow	119.80M	-228.76M	30.09M	458.75M	931.86M	959.92M

INPAQ Technology Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6284 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6679	64Neutral	TWD 8.62B	12.25	―	4.18%	2.14%	114.80%
TW:8091	61Neutral	TWD 9.61B	15.65	―	2.35%	44.58%	102.56%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2375	54Neutral	TWD 10.60B	24.40	―	1.18%	6.76%	20.62%
TW:2484	48Neutral	TWD 9.92B	45.90	―	1.10%	4.27%	212.95%
TW:6284	45Neutral	TWD 9.52B	22.94	―	2.95%	-4.53%	-44.11%
TW:6834	44Neutral	TWD 9.54B	35.12	―	0.37%	47.04%	875.06%

* General Sector Average

Performance Comparison

TW:6284 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6284	INPAQ Technology Co., Ltd	64.00	-18.31	-22.25%
TW:2375	Kaimei Electronic Corporation	101.50	4.16	4.27%
TW:2484	Siward Crystal Technology Co., Ltd	63.80	43.04	207.35%
TW:6679	ZillTek Technology Corp.	155.50	-38.75	-19.95%
TW:6834	Ever Ohms Technology Co. Ltd.	104.50	77.28	283.89%
TW:8091	Feedback Technology Corp.	179.50	64.47	56.04%

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

INPAQ Technology Co., Ltd AI Stock Analysis