Chunghwa Precision Test Tech Co., Ltd. (6510) AI Stock Analysis

Chunghwa Precision Test Tech Co., Ltd.

(TPEx:6510)

Select Model

Rating:70Outperform

Price Target:TWD 2,536.00▼(-17.12% Downside)

Action:initiatedcoverage

Date:11/10/26

Strong profitability and balance-sheet quality are the primary strengths, but weaker cash generation and elevated debt reduce the financial score. Technical weakness and an expensive P/E ratio further limit the overall score.

Positive Factors

High ProfitabilityExceptionally high gross, operating, and net margins indicate strong value capture in the company’s precision semiconductor testing products. If maintained, this profitability provides resources for research, capacity investment, and resilience through normal industry fluctuations.

Negative Factors

Weaker Cash ConversionOperating and free cash flow are materially weaker relative to reported earnings, indicating that profit is converting into cash less efficiently. Persistent investment requirements or working-capital pressure could limit internally funded growth and reduce flexibility for shareholder returns.

Chunghwa Precision Test Tech Co., Ltd. (6510) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 108.67B
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 profitability, improving margins, a solid equity base, and manageable leverage support the score. Weaker free cash flow, reduced cash-flow coverage, and sharply higher debt are key risks.

Income Statement

90Very Positive

Balance Sheet

86Very Positive

Cash Flow

68Positive

Financial statement breakdown
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

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6510 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6510	70Outperform	TWD 91.71B	61.60	―	0.50%	24.45%	61.25%
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: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

TW:6510 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6510	Chunghwa Precision Test Tech Co., Ltd.	3060.00	1533.23	100.42%
TW:2441	Greatek Electronics, Inc.	112.50	42.24	60.12%
TW:3264	Ardentec Corporation	198.50	111.72	128.75%
TW:6257	Sigurd Microelectronics Corp.	184.00	89.89	95.51%
TW:6515	WinWay Technology Co., Ltd.	4090.00	1911.11	87.71%
TW:7856	Hermes Testing Solutions Inc.	2755.00	2028.18	279.05%

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 09, 2026

Chunghwa Precision Test Tech Co., Ltd. AI Stock Analysis