VisEra Technologies Co., Ltd. (6789) AI Stock Analysis

VisEra Technologies Co., Ltd.

(TWSE:6789)

Select Model

Rating:59Neutral

Price Target:TWD 343.00▼(-13.05% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is supported by a strong balance sheet and continued profitability, but weakened financial trends, bearish technical momentum, and an elevated P/E ratio materially reduce the outlook.

Positive Factors

Low LeverageVery low and declining leverage gives VisEra greater financial flexibility through semiconductor cycles. A stronger equity base relative to assets can help the company absorb operating volatility, fund necessary investment, and avoid excessive interest or refinancing pressure.

Negative Factors

Revenue DeclineThe 2025 revenue contraction shows that VisEra’s top-line performance remains vulnerable to semiconductor-cycle conditions and has not established a consistently rising trajectory. Continued softness could constrain operating leverage, investment capacity, and the pace of earnings recovery.

VisEra Technologies Co., Ltd. (6789) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 125.56B
Dividend Yield: 0.76%
Average Volume (3M): 1.22M
Price to Earnings (P/E): 67.4
Beta (1Y): 1.50
Revenue Growth: 4.84%
EPS Growth: 32.31%
Country: TW
Employees: 1,562
Sector: General
Sector Strength: 55
Industry: Semiconductors

VisEra Technologies Co., Ltd. Business Overview & Revenue Model

Company Description

VisEra Technologies Company Ltd., headquartered in Hsinchu City, Taiwan, is a global producer and supplier of electronic components. Established in 2003, the company operates as a key subsidiary of Taiwan Semiconductor Manufacturing Company Limited (...

VisEra Technologies Co., Ltd. Financial Statement Overview

Summary

The balance sheet is strong, with low debt and substantial equity, while profitability and cash generation remain positive. However, declining revenue, margins, operating cash flow, and free cash flow limit the score.

Income Statement

58Neutral

Balance Sheet

82Very Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	9.34B	8.94B	10.00B	7.24B	9.08B	9.03B
Gross Profit	2.26B	1.84B	3.05B	1.21B	3.33B	3.57B
EBITDA	3.23B	3.45B	5.05B	3.51B	4.45B	4.67B
Net Income	1.67B	1.27B	1.74B	356.08M	1.77B	2.17B
Balance Sheet
Total Assets	22.65B	22.33B	24.74B	25.18B	25.60B	15.09B
Cash, Cash Equivalents and Short-Term Investments	11.90B	11.53B	13.42B	12.49B	11.96B	3.24B
Total Debt	1.23B	1.92B	4.72B	6.93B	6.29B	3.73B
Total Liabilities	4.20B	3.90B	6.68B	8.55B	8.71B	6.17B
Stockholders Equity	18.45B	18.42B	18.06B	16.63B	16.89B	8.92B
Cash Flow
Free Cash Flow	2.52B	1.86B	3.54B	465.76M	127.53M	-187.52M
Operating Cash Flow	3.88B	3.67B	4.72B	2.66B	4.29B	3.79B
Investing Cash Flow	-1.46B	-1.76B	-992.92M	-2.04B	-4.14B	-3.98B
Financing Cash Flow	-2.97B	-3.80B	-2.77B	-105.92M	8.56B	877.51M

VisEra Technologies Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6789 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:2441	68Neutral	TWD 61.72B	17.20	―	2.67%	24.12%	55.55%
TW:6257	63Neutral	TWD 86.62B	19.20	―	2.31%	17.57%	74.17%
TW:3264	62Neutral	TWD 90.99B	21.77	―	2.12%	31.88%	80.58%
TW:2313	60Neutral	TWD 225.17B	31.05	―	1.45%	11.13%	24.42%
TW:6789	59Neutral	TWD 120.36B	67.41	―	0.76%	4.84%	32.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:3374	55Neutral	TWD 115.19B	80.66	―	0.54%	16.99%	21.12%

* General Sector Average

Performance Comparison

TW:6789 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6789	VisEra Technologies Co., Ltd.	394.50	153.85	63.93%
TW:2313	Compeq Manufacturing Co., Ltd.	192.50	111.88	138.78%
TW:2441	Greatek Electronics, Inc.	112.50	42.24	60.12%
TW:3264	Ardentec Corporation	198.50	111.72	128.75%
TW:3374	Xintec Inc.	466.50	330.63	243.34%
TW:6257	Sigurd Microelectronics Corp.	184.00	89.89	95.51%

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

VisEra Technologies Co., Ltd. AI Stock Analysis