Sinopower Semiconductor, Inc. (6435) AI Stock Analysis

Sinopower Semiconductor, Inc.

(TPEx:6435)

Select Model

Rating:69Neutral

Price Target:TWD 192.00▼(-7.02% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is supported primarily by strong financial performance and a solid valuation, especially the nearly debt-free balance sheet and attractive dividend yield. Weak price momentum, negative MACD, and trading below all provided moving averages materially reduce the overall score.

Positive Factors

Conservative Balance SheetMinimal leverage gives Sinopower substantial financial flexibility and reduces solvency risk during semiconductor downturns. The large equity base can support investment, dividends, or working-capital needs without depending heavily on borrowing, making the business more resilient over the next several quarters.

Negative Factors

Free Cash Flow VolatilityUneven cash generation creates uncertainty around the durability of earnings-funded investment and distributions. The 2025 decline despite profit growth, together with the negative 2022 cash-flow year, suggests that cash conversion can weaken materially across the semiconductor cycle and warrants continued monitoring.

Sinopower Semiconductor, Inc. (6435) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 7.83B
Dividend Yield: 3.63%
Average Volume (3M): 491.04K
Price to Earnings (P/E): 15.2
Beta (1Y): 1.36
Revenue Growth: 15.48%
EPS Growth: 103.78%
Country: TW
Employees: 84
Sector: General
Sector Strength: 55
Industry: Semiconductors

Sinopower Semiconductor, Inc. Business Overview & Revenue Model

Company Description

Sinopower Semiconductor, Inc., a fabless integrated circuit design firm, operates out of Taiwan. The company's primary focus is on the development, promotion, and distribution of power discrete components, including MOSFETs and IGBTs, in addition to...

Sinopower Semiconductor, Inc. Financial Statement Overview

Summary

Strong financial performance, driven by an exceptionally strong balance sheet, 2025 revenue growth of 25.2%, net income growth of 56.9%, and positive cash flow. Historical earnings volatility, below-peak margins, and an 18.7% year-over-year decline in free cash flow limit the score.

Income Statement

82Very Positive

Balance Sheet

95Very Positive

Cash Flow

75Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.59B	3.40B	2.72B	2.66B	3.00B	3.12B
Gross Profit	940.14M	763.54M	568.18M	443.99M	857.57M	789.53M
EBITDA	611.81M	464.16M	323.66M	216.97M	602.38M	560.53M
Net Income	499.17M	354.43M	225.91M	149.28M	456.13M	437.22M
Balance Sheet
Total Assets	3.26B	2.76B	2.37B	2.63B	2.50B	2.47B
Cash, Cash Equivalents and Short-Term Investments	848.96M	507.35M	243.19M	270.36M	207.92M	703.35M
Total Debt	21.32M	2.61M	6.97M	331.78M	127.12M	7.94M
Total Liabilities	1.02B	704.33M	581.78M	936.45M	983.60M	1.02B
Stockholders Equity	2.24B	2.05B	1.79B	1.69B	1.52B	1.44B
Cash Flow
Free Cash Flow	523.45M	514.32M	508.43M	154.15M	-292.63M	370.21M
Operating Cash Flow	569.39M	576.82M	540.89M	181.61M	-255.81M	403.45M
Investing Cash Flow	-9.00M	-436.91M	10.26M	-28.33M	-183.69M	-98.82M
Financing Cash Flow	-180.22M	-175.75M	-578.33M	-90.84M	-55.93M	112.44M

Sinopower Semiconductor, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6435 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:7556	69Neutral	TWD 7.11B	29.37	―	1.65%	19.56%	49.15%
TW:6435	69Neutral	TWD 7.74B	15.21	―	3.63%	15.48%	103.78%
TW:6996	68Neutral	TWD 6.06B	9.11	―	6.95%	10.25%	25.45%
TW:6411	60Neutral	TWD 6.49B	15.15	―	3.33%	-2.08%	21.53%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:5285	45Neutral	TWD 7.73B	24.69	―	1.98%	7.27%	125.87%

* General Sector Average

Performance Comparison

TW:6435 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6435	Sinopower Semiconductor, Inc.	206.50	100.78	95.32%
TW:5285	Jih Lin Technology Co., Ltd.	75.80	22.44	42.05%
TW:6411	Amazing Microelectronic Corp.	66.60	-15.13	-18.51%
TW:6996	Forcelead Technology Corp	144.00	-1.01	-0.70%
TW:7556	Yeedex Electronic Corp.	244.50	93.73	62.17%
TW:7960	Yea Shin Technology Co., Ltd.	126.00	-46.50	-26.96%

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

Sinopower Semiconductor, Inc. AI Stock Analysis