CALITECH CO LTD AI Stock Analysis
CALITECH CO LTD (6532) AI Stock Analysis
CALITECH CO LTD
(TPEx:6532)
Calitech scores moderately above average. Its greatest strength is financial resilience — a virtually debt-free balance sheet, 21.5% ROE and consistent profitability — complemented by an inexpensive 11.6x P/E and a 3.4% dividend yield. Offsetting this are two clear risks: a 4.1% revenue decline with record profits driven by non-operating items rather than core operations, plus negative free cash flow after heavy capex. Technicals are the biggest near-term drag, with the share price well below its short- and medium-term moving averages and negative MACD momentum, though oversold RSI and stochastic readings suggest selling may be nearing exhaustion. Investors should look for a return to top-line growth and cash-backed earnings before expecting a sustained re-rating.
CALITECH CO LTD (6532) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.04B
- Dividend Yield
- 2.82%
- Average Volume (3M)
- 1.43M
- Price to Earnings (P/E)
- 12.1
- Beta (1Y)
- 1.23
- Revenue Growth
- 10.01%
- EPS Growth
- 146.78%
- Country
- TW
- Employees
- 155
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
CALITECH CO LTD Business Overview & Revenue Model
Company Description
Calitech Co., Ltd., established in 1987 and based in Hsinchu City, Taiwan, operates as an international developer of technology solutions. The company primarily serves various high-tech sectors, including semiconductor, III/V, MEMS, LED, and display...
CALITECH CO LTD Financial Statement Overview
Summary
A fortress balance sheet (score 88) anchors the profile: equity funds roughly 81% of assets, debt-to-equity is just 0.04, and return on equity improved to a six-year high of 21.5%. The income statement (score 70) shows record net income of NT$274M (+82%) and a 40.6% net margin, but revenue fell 4.1% and operating profit declined to NT$143M, indicating the profit surge came largely from below-the-line items rather than core growth. Cash flow is the weak link (score 48): operating cash flow of NT$169M covered only ~58% of net income and heavy capex pushed free cash flow to negative NT$16M, reversing the prior year's NT$165M. Financially sound and low-risk, but earnings quality and cash conversion need to improve.
Income Statement
70PositiveBalance Sheet
88Very PositiveCash Flow
48Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 682.02M | 674.90M | 719.55M | 693.82M | 662.76M | 505.84M |
| Gross Profit | 261.69M | 247.16M | 258.51M | 243.22M | 284.54M | 188.33M |
| EBITDA | 419.15M | 387.92M | 228.86M | 202.09M | 239.53M | 131.84M |
| Net Income | 301.13M | 273.88M | 150.76M | 133.89M | 180.68M | 94.88M |
Balance Sheet | ||||||
| Total Assets | 1.65B | 1.57B | 1.27B | 1.20B | 1.26B | 1.05B |
| Cash, Cash Equivalents and Short-Term Investments | 445.94M | 162.80M | 226.20M | 151.80M | 175.97M | 302.70M |
| Total Debt | 0 | 50.17M | 1.31M | 1.56M | 68.27M | 53.66M |
| Total Liabilities | 417.03M | 294.20M | 184.64M | 173.04M | 315.13M | 221.65M |
| Stockholders Equity | 1.24B | 1.27B | 1.09B | 1.03B | 947.35M | 824.58M |
Cash Flow | ||||||
| Free Cash Flow | -39.03M | -16.18M | 165.24M | 97.78M | -80.62M | -39.55M |
| Operating Cash Flow | 145.65M | 168.82M | 179.79M | 171.88M | 167.85M | 117.23M |
| Investing Cash Flow | 99.14M | -186.14M | -14.41M | -74.10M | -248.47M | -156.78M |
| Financing Cash Flow | -96.33M | -46.29M | -90.98M | -121.92M | -46.02M | -73.23M |
CALITECH CO LTD Peers Comparison
Overall Rating
- TW:653263Neutral
TW:358047Neutral
TW:647740Underperform
TW:159539Underperform
TW:668239Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6532 | 63Neutral | TWD 3.74B | 12.10 | ― | 2.82% | 10.01% | 146.78% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:3580 | 47Neutral | TWD 3.49B | 53.58 | ― | 1.40% | -19.96% | -63.63% |
| TW:6477 | 40Underperform | TWD 3.54B | 917.98 | ― | 1.22% | 2.65% | 42.84% |
| TW:1595 | 39Underperform | TWD 3.65B | -42.76 | ― | 0.73% | 22.29% | 20.09% |
| TW:6682 | 39Underperform | TWD 3.76B | -27.07 | ― | ― | 298.94% | 68.95% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6532 | CALITECH CO LTD | 106.50 | 55.97 | 110.75% | |
| TW:1595 | Chime Ball Technology Co., Ltd. | 64.40 | 27.33 | 73.74% | |
| TW:3580 | UVAT Technology Co., Ltd. | 86.00 | 28.17 | 48.70% | |
| TW:6477 | Anji Technology Co Ltd | 28.75 | -7.43 | -20.53% | |
| TW:6682 | Hua Hsu Advanced Technology Co., Ltd. | 24.60 | -6.47 | -20.84% | |
| TW:6750 | Tech-Top Engineering CO. LTD. | 55.30 | 16.70 | 43.28% |
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