Taiwan Takisawa Technology Co., Ltd. (6609) AI Stock Analysis

Taiwan Takisawa Technology Co., Ltd.

(TPEx:6609)

Select Model

Rating:53Neutral

Price Target:TWD 44.00▼(-18.52% Downside)

Action:initiatedcoverage

Date:11/09/26

Taiwan Takisawa Technology scores modestly below average, driven primarily by a sharp deterioration in profitability: revenue declined 9.7%, gross margin halved, and the company posted both operating and net losses in fiscal 2025. This is meaningfully cushioned by a fortress balance sheet with essentially no debt, roughly 70% equity funding of assets, and positive free cash flow despite the loss, which materially lowers solvency risk. Technicals are the brightest spot, with the shares trading above all key moving averages and a positive MACD alongside neutral RSI and Stochastic readings, suggesting the market is already anticipating a cyclical turn. Valuation remains the weak link, as the negative P/E leaves the stock without earnings support and only a 1.79% dividend yield as compensation. A sustained recovery in revenue and gross margin would be the key catalyst for a higher score.

Positive Factors

Conservative Balance SheetVery low leverage and a substantial equity base provide financial resilience through industry cycles. This reduces interest and refinancing pressure, preserves capacity to fund operations or investment, and gives the company greater flexibility while profitability recovers.

Negative Factors

Revenue ContractionFalling revenue indicates weaker demand or reduced business activity and can pressure fixed-cost absorption across the manufacturing base. If the contraction persists, it would limit operating leverage, reduce reinvestment capacity, and make a sustained earnings recovery more difficult.

Taiwan Takisawa Technology Co., Ltd. (6609) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 3.91B
Dividend Yield: 1.57%
Average Volume (3M): 768.52K
Price to Earnings (P/E): -185.6
Beta (1Y): 0.76
Revenue Growth: 1.32%
EPS Growth: 34.95%
Country: TW
Employees: 248
Sector: General
Sector Strength: 55
Industry: Information Technology Services

Taiwan Takisawa Technology Co., Ltd. Business Overview & Revenue Model

Company Description

Taiwan Takisawa Technology Co., Ltd. manufactures and sells precision machine tools and printed circuit board drillers in Taiwan and internationally. The company offers machine tools, such as small and medium CNC lathes, and non-CNC high speed precis...

Taiwan Takisawa Technology Co., Ltd. Financial Statement Overview

Summary

A weak earnings profile is only partly offset by an exceptionally strong balance sheet. Fiscal 2025 revenue fell 9.7% to NT$2.04 billion, gross margin halved to roughly 10.7%, and the company swung to a NT$141 million operating loss and NT$111 million net loss, with EBITDA turning negative (Income Statement score 27). The balance sheet is the standout: debt is virtually eliminated (NT$9.7 million against NT$2.36 billion of equity, debt-to-equity near zero) and about 70% of assets are equity funded, though the asset base is shrinking and ROE has turned negative at -4.7% (score 76). Cash flow is a modest positive: operating cash flow nearly doubled to NT$92 million and free cash flow returned to a positive NT$72 million despite the net loss, but at only about 4.5% of revenue and with a history of erratic year-to-year swings (score 56). Net effect: very low solvency risk and staying power through the downturn, but poor near-term earnings visibility and deteriorating returns on capital.

Income Statement

27Negative

Balance Sheet

76Positive

Cash Flow

56Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.95B	2.04B	2.69B	2.66B	3.60B	2.94B
Gross Profit	232.78M	218.44M	570.77M	590.97M	866.29M	633.69M
EBITDA	-50.13M	-47.04M	351.31M	288.93M	556.99M	307.42M
Net Income	-48.38M	-110.75M	187.22M	130.42M	369.71M	181.53M
Balance Sheet
Total Assets	3.79B	3.37B	3.89B	4.14B	4.89B	5.06B
Cash, Cash Equivalents and Short-Term Investments	502.09M	273.06M	312.71M	1.01B	1.13B	1.55B
Total Debt	39.84M	9.74M	115.83M	911.07M	983.92M	1.33B
Total Liabilities	1.41B	1.02B	1.37B	1.75B	2.41B	2.85B
Stockholders Equity	2.38B	2.36B	2.52B	2.39B	2.48B	2.21B
Cash Flow
Free Cash Flow	283.92M	72.20M	-5.60M	173.77M	69.92M	306.71M
Operating Cash Flow	294.83M	92.23M	46.91M	218.78M	114.73M	466.94M
Investing Cash Flow	-14.76M	-14.05M	-43.53M	-38.68M	-37.60M	-164.47M
Financing Cash Flow	27.41M	-114.09M	-712.25M	-292.25M	-519.55M	42.62M

Taiwan Takisawa Technology Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6609 against its peers
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:6609	53Neutral	TWD 3.56B	-185.63	―	1.57%	1.32%	34.95%
TW:4563	49Neutral	TWD 2.96B	-16.02	―	5.58%	-20.39%	-253.78%
TW:4564	40Underperform	TWD 3.26B	-9.39	―	―	-28.53%	21.13%
TW:6682	39Underperform	TWD 3.76B	-27.07	―	―	298.94%	68.95%

* General Sector Average

Performance Comparison

TW:6609 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6609	Taiwan Takisawa Technology Co., Ltd.	54.00	18.35	51.47%
TW:4563	Quaser Machine Tools, Inc.	52.30	3.65	7.50%
TW:4564	Mosa Industrial Corp.	14.00	-2.20	-13.58%
TW:4570	Jason Co., Ltd. (Taiwan)	70.00	5.58	8.66%
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%

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

Taiwan Takisawa Technology Co., Ltd. AI Stock Analysis