Chunghwa Precision Test Tech Co., Ltd. AI Stock Analysis
Chunghwa Precision Test Tech Co., Ltd. (6510) AI Stock Analysis
Chunghwa Precision Test Tech Co., Ltd.
(TPEx:6510)
Chunghwa Precision Test Tech earns a moderate score. Its financial profile is the clear strength — rapid revenue growth, sharply expanding margins, rising returns on equity and a low-leverage balance sheet — tempered by softer cash conversion, rising capex and borrowings, and the cyclicality evident in the 2023 downturn. The score is held back by weak price action, with the stock trading below all key moving averages amid negative momentum, and by a demanding 47.7x P/E paired with a modest 0.66% dividend yield. The result is a fundamentally sound business whose share price trend and valuation currently argue for caution.
Chunghwa Precision Test Tech Co., Ltd. (6510) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 100.60B
- Dividend Yield
- 0.50%
- Average Volume (3M)
- 877.31K
- Price to Earnings (P/E)
- 61.6
- Beta (1Y)
- 1.08
- Revenue Growth
- 24.45%
- EPS Growth
- 61.25%
- Country
- TW
- Employees
- 1,186
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
Chunghwa Precision Test Tech Co., Ltd. Business Overview & Revenue Model
Company Description
Chunghwa Precision Test Tech. Co., Ltd., founded in 2005 and headquartered in Taoyuan City, Taiwan, operates globally, providing comprehensive semiconductor component testing solutions through its various entities. The company's activities encompass...
Chunghwa Precision Test Tech Co., Ltd. Financial Statement Overview
Summary
Strong fundamentals across the board. Revenue has expanded from NT$2.88bn (2023) to NT$6.10bn TTM, with gross margin widening to 57% and operating margin swinging from -0.7% to 32.7%; net income TTM of NT$1.67bn is more than triple the 2024 level. The balance sheet is conservative, with equity funding ~75% of assets, debt-to-equity of just 0.16x, and ROE improving to 17.0%. Offsetting this, cash flow quality is the weak link: operating cash flow covers only 0.70x net income (down from 1.36x), free cash flow fell ~29% to NT$806m on heavier capex, total debt jumped from NT$25m to NT$1.67bn, and the 2023 revenue decline of 34% highlights the cyclicality of the semiconductor test equipment market.
Income Statement
89Very PositiveBalance Sheet
85Very PositiveCash Flow
68Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.10B | 4.81B | 3.60B | 2.88B | 4.39B | 4.24B |
| Gross Profit | 3.47B | 2.67B | 1.93B | 1.39B | 2.29B | 2.29B |
| EBITDA | 2.44B | 1.61B | 1.01B | 437.90M | 1.35B | 1.47B |
| Net Income | 1.67B | 997.18M | 509.71M | 32.60M | 770.62M | 891.76M |
Balance Sheet | ||||||
| Total Assets | 14.17B | 9.95B | 9.16B | 8.27B | 9.04B | 8.72B |
| Cash, Cash Equivalents and Short-Term Investments | 4.90B | 4.40B | 3.25B | 2.80B | 3.15B | 3.10B |
| Total Debt | 1.67B | 25.36M | 29.35M | 39.69M | 40.32M | 46.96M |
| Total Liabilities | 3.51B | 1.17B | 1.10B | 698.87M | 1.08B | 1.18B |
| Stockholders Equity | 10.65B | 8.77B | 8.04B | 7.53B | 7.88B | 7.55B |
Cash Flow | ||||||
| Free Cash Flow | 805.79M | 1.41B | 454.66M | 28.05M | 421.89M | 577.46M |
| Operating Cash Flow | 1.28B | 1.57B | 615.82M | 325.24M | 1.40B | 1.09B |
| Investing Cash Flow | -2.23B | -372.02M | -188.15M | -243.94M | -1.01B | -518.79M |
| Financing Cash Flow | 2.04B | -285.11M | -42.66M | -408.52M | -387.85M | -413.66M |
Chunghwa Precision Test Tech Co., Ltd. Peers Comparison
Overall Rating
TW:244168Neutral
TW:651566Neutral
TW:625763Neutral- TW:651063Neutral
TW:326462Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2441 | 68Neutral | TWD 61.72B | 17.20 | ― | 2.67% | 24.12% | 55.55% |
| TW:6515 | 66Neutral | TWD 135.57B | 66.40 | ― | 1.21% | 85.60% | 84.04% |
| TW:6257 | 63Neutral | TWD 86.62B | 19.20 | ― | 2.31% | 17.57% | 74.17% |
| TW:6510 | 63Neutral | TWD 91.71B | 61.60 | ― | 0.50% | 24.45% | 61.25% |
| TW:3264 | 62Neutral | TWD 90.99B | 21.77 | ― | 2.12% | 31.88% | 80.58% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6510 | Chunghwa Precision Test Tech Co., Ltd. | 3060.00 | 1587.94 | 107.87% | |
| TW:2441 | Greatek Electronics, Inc. | 112.50 | 37.95 | 50.91% | |
| TW:3264 | Ardentec Corporation | 198.50 | 109.67 | 123.45% | |
| TW:6257 | Sigurd Microelectronics Corp. | 184.00 | 86.94 | 89.56% | |
| TW:6515 | WinWay Technology Co., Ltd. | 4090.00 | 1921.04 | 88.57% | |
| TW:7856 | Hermes Testing Solutions Inc. | 2755.00 | 2000.18 | 264.99% |
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