Ping Ho Environmental.Technology Co. Ltd. AI Stock Analysis
Ping Ho Environmental.Technology Co. Ltd. (6771) AI Stock Analysis
Ping Ho Environmental.Technology Co. Ltd.
(TWSE:6771)
The score is anchored by solid fundamentals: conservative leverage, high margins and dependable free cash flow that supports an unusually generous ~8.7% dividend yield at a modest 12.8x earnings. These strengths are tempered by a stalled growth profile — revenue flat for four years and down 4.3% in the latest period, with net income and ROE declining steadily — and by clearly negative technicals, as the stock trades below all key moving averages with a negative MACD, though its deeply oversold RSI suggests the selling may be extended. Overall, this is a low-risk, income-oriented holding whose value case is offset by weak momentum and eroding earnings quality.
Ping Ho Environmental.Technology Co. Ltd. (6771) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 1.13B
- Dividend Yield
- 8.85%
- Average Volume (3M)
- 34.85K
- Price to Earnings (P/E)
- 12.5
- Beta (1Y)
- 0.35
- Revenue Growth
- -11.55%
- EPS Growth
- -29.64%
- Country
- TW
- Employees
- 72
- Sector
- General
- Sector Strength
- 55
- Industry
- Waste Management
Ping Ho Environmental.Technology Co. Ltd. Business Overview & Revenue Model
Company Description
Established in 1995 and headquartered in Kaohsiung, Taiwan, Ping Ho Environmental Technology Co., Ltd. specializes in comprehensive water management solutions. The company provides industrial wastewater and sewage treatment, alongside operational ser...
Ping Ho Environmental.Technology Co. Ltd. Financial Statement Overview
Summary
Ping Ho is a financially sound, cash-generative niche operator. Gross margin near 47%, operating margin of 25.5% and EBITDA margin above 33% are strong for waste management, while free cash flow of NT$148.7M equals roughly 24% of revenue and operating cash flow comfortably exceeds net income — confirming high earnings quality. The balance sheet is the standout, with debt-to-equity cut to 0.44 from 0.90 in 2020 and equity funding about 64% of assets. Offsetting this, revenue fell 4.3% and has been flat for four years, net income has declined four years running to NT$113.3M, net margin has compressed roughly eight points since 2021, ROE has nearly halved to 12.8%, and free cash flow slipped 11.3%. Low financial risk, but no growth.
Income Statement
67PositiveBalance Sheet
78PositiveCash Flow
76Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 571.14M | 618.03M | 635.00M | 609.24M | 672.97M | 600.09M |
| Gross Profit | 255.47M | 290.04M | 292.98M | 294.63M | 302.09M | 334.94M |
| EBITDA | 175.07M | 204.71M | 207.02M | 222.41M | 226.83M | 249.75M |
| Net Income | 89.47M | 113.34M | 118.28M | 138.85M | 151.76M | 158.68M |
Balance Sheet | ||||||
| Total Assets | 1.42B | 1.39B | 1.35B | 1.29B | 1.30B | 1.34B |
| Cash, Cash Equivalents and Short-Term Investments | 370.82M | 345.20M | 274.62M | 216.89M | 209.13M | 244.40M |
| Total Debt | 390.65M | 390.21M | 365.61M | 444.61M | 483.69M | 542.80M |
| Total Liabilities | 580.01M | 496.23M | 478.94M | 553.30M | 581.58M | 652.33M |
| Stockholders Equity | 828.99M | 882.86M | 861.44M | 725.89M | 703.99M | 675.24M |
Cash Flow | ||||||
| Free Cash Flow | 155.14M | 148.69M | 158.99M | 179.94M | 166.57M | 176.73M |
| Operating Cash Flow | 170.88M | 168.63M | 168.07M | 200.06M | 186.14M | 210.22M |
| Investing Cash Flow | -230.72M | -12.43M | -40.24M | 8.21M | -124.69M | -33.10M |
| Financing Cash Flow | -139.07M | -64.79M | -77.58M | -160.51M | -195.72M | -102.62M |
Ping Ho Environmental.Technology Co. Ltd. Peers Comparison
Overall Rating
- TW:677168Neutral
TW:669245Neutral
TW:133739Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6771 | 68Neutral | TWD 1.12B | 12.51 | ― | 8.85% | -11.55% | -29.64% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6692 | 45Neutral | TWD 1.25B | -12.28 | ― | 0.97% | -69.73% | -171.17% |
| TW:1337 | 39Underperform | TWD 1.05B | -2.14 | ― | ― | -13.60% | -6.67% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6771 | Ping Ho Environmental.Technology Co. Ltd. | 36.15 | -8.93 | -19.80% | |
| TW:1337 | Asia Plastic Recycling Holding Limited | 3.92 | -1.19 | -23.29% | |
| TW:1343 | Sun Rise E&T Corp. | 33.35 | -2.30 | -6.45% | |
| TW:6692 | Acmepoint Energy Services Co., Ltd | 21.00 | -11.15 | -34.67% | |
| TW:7578 | Revivegen Environmental Technology Co., Ltd. | 23.75 | -5.10 | -17.67% | |
| TW:7859 | Skwentex Energy Co. Ltd. | 32.50 | -6.95 | -17.62% |
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