Nova Technology Corp (6613) AI Stock Analysis

Nova Technology Corp

(TPEx:6613)

Select Model

Rating:70Outperform

Price Target:TWD 229.00▲(2.23% Upside)

Action:initiatedcoverage

Date:11/10/26

Strong financial condition and attractive valuation are the main positives, led by a very solid balance sheet and high dividend yield. These strengths are offset by pronounced technical weakness and recent deterioration in revenue, earnings, and cash flow.

Positive Factors

Low Financial LeverageMinimal leverage reduces financial risk and preserves flexibility to fund operations, invest in growth, or withstand weaker industrial demand. Equity has also grown over time, giving Nova a stronger capital base and less dependence on refinancing or debt-funded expansion.

Negative Factors

Recent Revenue ContractionThe recent revenue decline suggests that demand has softened or normalized after earlier expansion, creating a less supportive foundation for near-term earnings growth. Persistent weakness would reduce operating leverage, limit reinvestment capacity, and make margin preservation more difficult.

Nova Technology Corp (6613) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 17.43B
Dividend Yield: 4.46%
Average Volume (3M): 307.29K
Price to Earnings (P/E): 12.6
Beta (1Y): 0.94
Revenue Growth: 44.63%
EPS Growth: 11.52%
Country: TW
Employees: 342
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

Nova Technology Corp Business Overview & Revenue Model

Company Description

Nova Technology Corp. specializes in delivering tailored solutions and services to a broad spectrum of industrial manufacturers. Their clientele spans crucial sectors such as semiconductor fabrication, photonics, solar energy, biotechnology, pharmace...

Nova Technology Corp Financial Statement Overview

Summary

Strong balance sheet and durable profitability support the score, while declining 2025 revenue, earnings, return on equity, and cash flow temper it.

Income Statement

78Positive

Balance Sheet

88Very Positive

Cash Flow

72Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	10.85B	8.92B	10.38B	9.14B	8.59B	6.26B
Gross Profit	3.16B	2.89B	3.09B	2.32B	1.87B	1.39B
EBITDA	2.03B	1.81B	2.23B	1.59B	1.38B	922.73M
Net Income	1.59B	1.04B	1.28B	1.04B	796.57M	568.25M
Balance Sheet
Total Assets	15.21B	11.78B	12.38B	10.37B	9.16B	6.63B
Cash, Cash Equivalents and Short-Term Investments	3.51B	3.75B	3.83B	2.53B	2.97B	1.80B
Total Debt	457.49M	157.47M	168.26M	886.75M	1.12B	237.48M
Total Liabilities	6.96B	4.64B	5.77B	5.58B	5.72B	3.63B
Stockholders Equity	6.43B	5.34B	4.97B	3.93B	2.94B	2.61B
Cash Flow
Free Cash Flow	-117.99M	1.12B	1.80B	-281.60M	1.04B	595.01M
Operating Cash Flow	262.89M	1.22B	1.94B	-202.20M	1.19B	613.75M
Investing Cash Flow	-413.11M	-108.93M	-121.89M	-109.24M	-343.19M	13.04M
Financing Cash Flow	-822.79M	-1.12B	-688.43M	-110.95M	392.01M	-669.50M

Nova Technology Corp Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6613 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:6613	70Outperform	TWD 17.16B	12.61	―	4.46%	44.63%	11.52%
TW:6803	67Neutral	TWD 18.26B	13.74	―	6.20%	1.48%	3.15%
TW:6903	66Neutral	TWD 18.34B	12.78	―	3.04%	196.19%	262.75%
TW:2543	57Neutral	TWD 15.06B	10.89	―	5.01%	30.85%	-14.12%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:2515	41Neutral	TWD 18.32B	22.48	―	―	1.46%	4.78%
TW:8027	41Neutral	TWD 15.56B	468.75	―	―	38.03%	―

* General Sector Average

Performance Comparison

TW:6613 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6613	Nova Technology Corp	224.00	51.78	30.06%
TW:2515	BES Engineering Corp.	10.50	-5.21	-33.17%
TW:2543	Hwang Chang General Contractor Co., Ltd.	30.50	-28.92	-48.67%
TW:6803	ECOVE Environment Corp	254.50	-25.44	-9.09%
TW:6903	Jiu Han System Technology Co Ltd	280.00	115.66	70.38%
TW:8027	E&R Engineering Corp.	149.00	57.10	62.13%

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 10, 2026

Nova Technology Corp AI Stock Analysis