Wiwynn Corporation AI Stock Analysis
Wiwynn Corporation (6669) AI Stock Analysis
Wiwynn Corporation
(TWSE:6669)
Wiwynn's score is anchored by exceptional AI-infrastructure-driven growth — revenue up about 164%, profits more than doubled, and ROE near 41% — tempered by thin and compressing margins, a tripling of debt, and persistently negative operating and free cash flow that leaves the company reliant on borrowing to fund expansion. Technicals are the main near-term drag: the stock sits below all key moving averages with negative MACD, although deeply oversold RSI and Stochastic readings suggest the selloff is extended. Valuation is supportive, with a 22.8x P/E against rapid earnings growth and a 3.1% dividend yield. The result is a moderately above-average score reflecting strong fundamental momentum paired with meaningful execution, leverage and cash-conversion risks.
Wiwynn Corporation (6669) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 962.18B
- Dividend Yield
- 2.89%
- Average Volume (3M)
- 4.56M
- Price to Earnings (P/E)
- 16.6
- Beta (1Y)
- 1.34
- Revenue Growth
- 65.63%
- EPS Growth
- 48.36%
- Country
- TW
- Employees
- 9
- Sector
- General
- Sector Strength
- 55
- Industry
- Computer Hardware
Wiwynn Corporation Business Overview & Revenue Model
Company Description
Wiwynn Corporation, a technology firm based in New Taipei City, Taiwan, was founded in 2012. The company is actively involved in the full lifecycle of advanced computing and storage hardware, from research and design to development and commercializat...
Wiwynn Corporation Financial Statement Overview
Summary
Explosive AI-driven growth underpins a strong income statement (score 83): revenue up roughly 164% to NT$950.7 billion and net income more than doubling to NT$51.1 billion, with ROE near 41%. However, margins are thin and compressing (gross 8.2%, net 5.4%). The balance sheet (score 70) has a growing equity base but debt tripled to NT$104.1 billion, lifting debt-to-equity to 0.83. Cash flow is the clear weakness (score 30), with operating cash flow of negative NT$0.6 billion and free cash flow of negative NT$14.3 billion, continuing a multi-year pattern of negative cash conversion as working capital absorbs growth. Blended view: outstanding growth and returns offset by weak cash generation and rising leverage.
Income Statement
83Very PositiveBalance Sheet
70PositiveCash Flow
30Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.11T | 950.66B | 360.54B | 241.90B | 292.88B | 192.63B |
| Gross Profit | 91.31B | 78.00B | 37.40B | 22.66B | 23.98B | 15.62B |
| EBITDA | 75.43B | 66.61B | 32.14B | 17.46B | 19.54B | 11.90B |
| Net Income | 58.29B | 51.12B | 22.78B | 12.04B | 14.17B | 8.65B |
Balance Sheet | ||||||
| Total Assets | 556.93B | 338.19B | 190.68B | 88.85B | 88.84B | 84.74B |
| Cash, Cash Equivalents and Short-Term Investments | 85.34B | 89.94B | 48.33B | 37.49B | 26.23B | 22.67B |
| Total Debt | 165.74B | 104.07B | 32.14B | 12.85B | 10.45B | 31.37B |
| Total Liabilities | 419.66B | 213.54B | 102.48B | 46.61B | 50.05B | 57.37B |
| Stockholders Equity | 137.26B | 124.65B | 88.20B | 42.23B | 38.79B | 27.37B |
Cash Flow | ||||||
| Free Cash Flow | -64.62B | -14.28B | -25.10B | 18.06B | 29.09B | -14.80B |
| Operating Cash Flow | -45.46B | -601.01M | -19.99B | 23.06B | 30.68B | -14.21B |
| Investing Cash Flow | -19.25B | -13.77B | -5.65B | -4.70B | -1.93B | -1.04B |
| Financing Cash Flow | 89.66B | 56.19B | 36.32B | -7.11B | -26.18B | 14.85B |
Wiwynn Corporation Peers Comparison
Overall Rating
TW:776977Outperform
TW:239570Outperform
TW:666962Neutral
TW:230160Neutral
TW:370660Neutral
TW:323155Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 77Outperform | TWD 759.19B | 46.35 | ― | 1.50% | ― | ― | |
| 70Outperform | TWD 515.34B | 30.92 | ― | 1.82% | 39.84% | 68.82% | |
| 62Neutral | TWD 941.14B | 16.64 | ― | 2.89% | 65.63% | 48.36% | |
| 60Neutral | TWD 515.76B | 24.44 | ― | 2.30% | 23.65% | 55.86% | |
| 60Neutral | TWD 102.99B | 13.07 | ― | 4.32% | 50.91% | 23.24% | |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| 55Neutral | TWD 576.45B | 14.16 | 22.15% | 3.15% | 104.89% | 95.41% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6669 | Wiwynn Corporation | 1680.00 | 226.84 | 15.61% | |
| TW:3231 | Wistron Corporation | 174.50 | 35.59 | 25.62% | |
| TW:2301 | Lite-On Technology Corp. | 239.00 | 78.88 | 49.26% | |
| TW:2395 | Advantech Co., Ltd. | 612.00 | 323.21 | 111.92% | |
| TW:3706 | MiTAC Holdings Corp. | 69.40 | -15.62 | -18.37% | |
| TW:7769 | Hon. Precision, Inc. | 4335.00 | 1984.89 | 84.46% |
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
