Nyquest Technology Co Ltd AI Stock Analysis
Nyquest Technology Co Ltd (6494) AI Stock Analysis
Nyquest Technology Co Ltd
(TPEx:6494)
Nyquest scores in the lower-middle range, held back primarily by eroding profitability — four consecutive years of gross margin compression to 24.1%, shrinking revenue, and a swing into operating and net losses. Technicals reinforce the caution, with the shares trading below all major moving averages and negative MACD momentum, although deeply oversold RSI and Stochastic readings hint at potential short-term stabilization. The main supports are a near debt-free balance sheet with equity funding 87% of assets and continued positive free cash flow through a loss-making year, which together provide ample runway to weather the downcycle. An undemanding 15.2x P/E and 2.37% dividend yield add modest valuation appeal. A re-rating likely requires evidence that gross margin has bottomed and revenue is reaccelerating.
Nyquest Technology Co Ltd (6494) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.38B
- Dividend Yield
- 2.32%
- Average Volume (3M)
- 100.86K
- Price to Earnings (P/E)
- 10.5
- Beta (1Y)
- 1.23
- Revenue Growth
- 35.57%
- EPS Growth
- ―
- Country
- TW
- Employees
- 1,444
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Nyquest Technology Co Ltd Business Overview & Revenue Model
Company Description
Nyquest Technology Co., Ltd. research, designs, and sells integrated circuits (ICs). The company provides voice synthesizer ICs, 4-bit microcontrollers with voice/MIDI products, 8-bit microcontrollers, motor drivers, and other products. It offers LED...
Nyquest Technology Co Ltd Financial Statement Overview
Summary
A split profile: the income statement is weak, with revenue down to NT$1.19bn from a NT$2.27bn peak in 2021, gross margin compressing for four straight years to 24.1%, and a swing to an operating loss of NT$29.1m and a net loss of NT$29.5m (-2.5% margin). Offsetting this is a fortress balance sheet — debt-to-equity of just 0.7%, equity funding 87% of assets, and effectively no solvency risk. Cash generation also held up better than reported profits, with NT$106.5m operating cash flow and NT$60.1m free cash flow despite the loss, though both are down roughly two-thirds year over year. Equity has drifted lower and ROE has fallen from 46.6% in 2021 to -3.0%, so the strong capital base is currently earning nothing for shareholders.
Income Statement
31NegativeBalance Sheet
80PositiveCash Flow
62Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.44B | 1.19B | 1.35B | 1.33B | 1.78B | 2.27B |
| Gross Profit | 377.24M | 286.05M | 408.48M | 423.71M | 797.25M | 1.23B |
| EBITDA | 137.88M | 31.52M | 140.57M | 140.52M | 475.60M | 754.89M |
| Net Income | 93.97M | -29.50M | 82.98M | 56.87M | 301.15M | 543.07M |
Balance Sheet | ||||||
| Total Assets | 1.32B | 1.15B | 1.34B | 1.33B | 1.62B | 1.83B |
| Cash, Cash Equivalents and Short-Term Investments | 680.31M | 451.55M | 515.92M | 339.99M | 464.38M | 888.32M |
| Total Debt | 2.84M | 7.22M | 16.35M | 25.25M | 18.30M | 28.07M |
| Total Liabilities | 288.93M | 153.49M | 241.00M | 264.44M | 411.08M | 665.65M |
| Stockholders Equity | 1.03B | 994.71M | 1.10B | 1.07B | 1.21B | 1.17B |
Cash Flow | ||||||
| Free Cash Flow | 319.09M | 60.14M | 285.69M | 23.24M | -120.04M | 795.77M |
| Operating Cash Flow | 336.76M | 106.48M | 314.84M | 64.59M | -17.52M | 891.01M |
| Investing Cash Flow | -86.86M | -25.12M | -127.06M | 146.32M | 203.52M | -690.67M |
| Financing Cash Flow | -73.91M | -85.05M | -59.86M | -214.67M | -275.64M | -87.83M |
Nyquest Technology Co Ltd Peers Comparison
Overall Rating
- TW:649451Neutral
TW:492338Underperform
TW:530238Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6494 | 51Neutral | TWD 1.36B | 10.53 | ― | 2.32% | 35.57% | ― |
| TW:4923 | 38Underperform | TWD 1.63B | 27.97 | ― | ― | 27.13% | ― |
| TW:5302 | 38Underperform | TWD 1.39B | -437.44 | ― | ― | 78.82% | 93.04% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6494 | Nyquest Technology Co Ltd | 43.15 | 3.73 | 9.47% | |
| TW:4923 | Force-MOS Technology Co., Ltd. | 44.05 | 15.10 | 52.16% | |
| TW:5302 | Syntek Semiconductor Co., Ltd. | 8.62 | -0.48 | -5.27% | |
| TW:7455 | Dexatek Technology Ltd | 51.70 | -7.60 | -12.82% | |
| TW:7770 | ZEITEC Semiconductor Co. Ltd. | 39.10 | -38.24 | -49.45% | |
| TW:7796 | Microip, Inc. | 60.20 | -36.10 | -37.49% |
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