VIA Labs, Inc. AI Stock Analysis
VIA Labs, Inc. (6756) AI Stock Analysis
VIA Labs, Inc.
(TWSE:6756)
VIA Labs scores below average, driven primarily by a multi-year revenue decline, a 2025 operating loss and sharply lower cash generation, with earnings quality reliant on non-operating items. A very conservative balance sheet (debt-to-equity of 0.11), stable ~48% gross margins and still-positive free cash flow provide downside protection and staying power through the trough. Technicals are mixed — the price holds above its 200-day average with positive MACD, but has broken below shorter-term averages amid weak RSI and Stochastic readings. A demanding 44x P/E alongside a slim 0.93% dividend yield leaves little margin for error until revenue stabilizes and costs are brought back in line.
VIA Labs, Inc. (6756) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 8.50B
- Dividend Yield
- 0.73%
- Average Volume (3M)
- 684.11K
- Price to Earnings (P/E)
- 54.1
- Beta (1Y)
- 1.03
- Revenue Growth
- 28.20%
- EPS Growth
- 117.74%
- Country
- TW
- Employees
- 120
- Sector
- General
- Sector Strength
- 55
- Industry
- Semiconductors
VIA Labs, Inc. Business Overview & Revenue Model
Company Description
VIA Labs, Inc., together with its subsidiaries, engages in the programming, designing, manufacturing, and sale of USB and USB power delivery controllers for multi-functional devices and platforms in Taiwan, Hong Kong, China, Japan, Europe, and intern...
VIA Labs, Inc. Financial Statement Overview
Summary
A strong balance sheet is offset by deteriorating operations. Revenue has fallen four consecutive years to NT$1.55bn (roughly half the 2021 peak), and the company swung to an operating loss of NT$109.6m in 2025 (-7.1% margin) as costs were not right-sized. Net income of NT$77.6m is propped up by non-operating items, implying low earnings quality, while ROE has collapsed to 2.7%. Offsetting this, gross margin is stable near 48.5%, debt-to-equity is just 0.11, equity funds ~74% of assets, and free cash flow remains positive at NT$116.1m — though down roughly 59% year over year. Financial risk is low, but profitability and capital efficiency are weak.
Income Statement
35NegativeBalance Sheet
74PositiveCash Flow
54Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.68B | 1.55B | 1.70B | 2.04B | 2.95B | 3.37B |
| Gross Profit | 773.59M | 751.78M | 850.96M | 931.36M | 1.55B | 1.79B |
| EBITDA | 94.24M | 59.34M | 367.54M | 353.88M | 978.28M | 1.11B |
| Net Income | 124.42M | 77.64M | 157.25M | 180.57M | 723.53M | 880.31M |
Balance Sheet | ||||||
| Total Assets | 4.21B | 3.88B | 3.79B | 3.60B | 3.83B | 4.08B |
| Cash, Cash Equivalents and Short-Term Investments | 1.19B | 1.14B | 1.65B | 1.70B | 1.51B | 2.34B |
| Total Debt | 394.28M | 325.61M | 239.51M | 44.77M | 14.86M | 29.17M |
| Total Liabilities | 1.15B | 964.46M | 884.62M | 750.07M | 647.44M | 873.41M |
| Stockholders Equity | 3.03B | 2.87B | 2.83B | 2.85B | 3.18B | 3.20B |
Cash Flow | ||||||
| Free Cash Flow | 18.27M | 116.13M | 284.05M | 826.96M | 76.15M | 819.37M |
| Operating Cash Flow | 67.67M | 181.73M | 434.22M | 992.17M | 210.33M | 897.26M |
| Investing Cash Flow | -422.62M | -251.21M | -750.10M | -596.89M | 150.47M | -971.85M |
| Financing Cash Flow | 97.62M | -36.64M | 135.91M | -519.59M | -754.82M | -303.06M |
VIA Labs, Inc. Peers Comparison
Overall Rating
TW:523675Outperform
TW:610470Outperform
TW:321960Neutral- TW:675651Neutral
TW:804044Neutral
TW:805439Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:5236 | 75Outperform | TWD 6.41B | 11.56 | ― | 8.22% | 4.83% | 22.01% |
| TW:6104 | 70Outperform | TWD 7.32B | 16.72 | ― | 5.65% | 2.68% | -23.15% |
| TW:3219 | 60Neutral | TWD 7.82B | 23.11 | ― | 1.20% | 46.17% | 251.35% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6756 | 51Neutral | TWD 8.19B | 54.09 | ― | 0.73% | 28.20% | 117.74% |
| TW:8040 | 44Neutral | TWD 6.60B | 787.78 | ― | ― | 13.49% | ― |
| TW:8054 | 39Underperform | TWD 7.00B | -73.04 | ― | ― | 109.58% | 74.96% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6756 | VIA Labs, Inc. | 124.00 | 34.79 | 39.00% | |
| TW:3219 | Aethertek Technology Co., Ltd | 113.50 | 58.06 | 104.74% | |
| TW:5236 | Sunplus Innovation Technology Inc. | 109.50 | -15.46 | -12.37% | |
| TW:6104 | Genesys Logic, Inc. | 79.60 | -12.19 | -13.28% | |
| TW:8040 | IC Plus Corp. | 70.20 | 20.10 | 40.12% | |
| TW:8054 | Alcor Micro Corp. | 65.70 | -69.74 | -51.49% |
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