HYE Technology Co., Ltd. (6877) AI Stock Analysis

HYE Technology Co., Ltd.

(TPEx:6877)

Select Model

Rating:42Neutral

Price Target:TWD 107.00▼(-9.32% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score of 42 reflects a company under significant operational and market pressure. The most critical factors are the extremely poor cash flow generation and collapsing profitability, which are compounded by a bearish technical outlook and an unsustainably high valuation. The company's only notable strength is its low-debt balance sheet, which provides a financial cushion but is not enough to offset the severe negative trends in its core business and stock performance.

Positive Factors

DeleveragingSustained deleveraging has reduced balance-sheet risk and should give the company greater financial flexibility through semiconductor cycles. Lower leverage can also reduce pressure from financing costs, preserve borrowing capacity, and support investment or resilience during weaker operating periods.

Negative Factors

Revenue ContractionRecent revenue contraction signals weaker demand or reduced business activity and limits the company’s ability to leverage its fixed operating base. If the decline persists, it could constrain investment capacity, weaken competitive momentum, and make a durable earnings recovery more difficult.

HYE Technology Co., Ltd. (6877) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 5.71B
Dividend Yield: 0.51%
Average Volume (3M): 231.54K
Price to Earnings (P/E): 1966.7
Beta (1Y): 1.14
Revenue Growth: -19.39%
EPS Growth: -95.38%
Country: TW
Employees: 148
Sector: General
Sector Strength: 55
Industry: Semiconductors

HYE Technology Co., Ltd. Business Overview & Revenue Model

Company Description

Hye Technology Co.,Ltd. specializes in the creation, production, and distribution of intelligent automated detection systems. These advanced solutions are supplied to manufacturers within the semiconductor and optoelectronic industries across both Ta...

HYE Technology Co., Ltd. Financial Statement Overview

Summary

Financial performance is weak, driven by a very low Cash Flow Score (30) and Income Statement Score (35), offset partially by a solid Balance Sheet Score (72). Revenue decline, severe margin compression, and poor cash conversion indicate significant operational stress, despite a conservative capital structure.

Income Statement

35Negative

Balance Sheet

72Positive

Cash Flow

30Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	337.96M	480.58M	480.58M	332.46M	429.30M	361.58M
Gross Profit	172.50M	218.24M	229.78M	155.52M	175.12M	188.20M
EBITDA	-9.25M	61.24M	87.68M	6.76M	51.85M	88.41M
Net Income	-33.44M	27.47M	47.32M	-16.57M	24.98M	61.72M
Balance Sheet
Total Assets	1.16B	1.26B	1.35B	1.01B	884.20M	685.82M
Cash, Cash Equivalents and Short-Term Investments	449.58M	605.22M	627.33M	392.08M	291.07M	261.72M
Total Debt	166.79M	218.92M	280.36M	267.50M	273.00M	174.43M
Total Liabilities	313.77M	350.10M	478.73M	448.55M	421.82M	280.39M
Stockholders Equity	835.38M	911.61M	870.77M	564.01M	462.38M	405.43M
Cash Flow
Free Cash Flow	-14.05M	10.68M	-8.50M	-2.48M	-37.40M	-102.08M
Operating Cash Flow	-11.42M	15.49M	-3.10M	12.59M	46.30M	36.93M
Investing Cash Flow	-96.56M	-103.13M	-76.57M	-61.46M	-106.85M	-131.29M
Financing Cash Flow	-80.42M	-49.27M	256.95M	108.04M	81.38M	264.06M

HYE Technology Co., Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6877 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:5209	76Outperform	TWD 6.23B	11.57	―	5.81%	4.58%	32.53%
TW:6953	64Neutral	TWD 6.24B	19.33	―	2.88%	23.38%	39.41%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:6215	51Neutral	TWD 6.63B	20.28	―	1.27%	48.31%	106.93%
TW:3535	43Neutral	TWD 5.94B	32.88	―	0.66%	247.10%	―
TW:6877	42Neutral	TWD 5.61B	1966.67	―	0.51%	-19.39%	-95.38%
TW:6668	38Underperform	TWD 5.11B	-24.45	―	―	18.95%	-10.69%

* General Sector Average

Performance Comparison

TW:6877 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6877	HYE Technology Co., Ltd.	118.00	34.34	41.04%
TW:3535	Favite, Inc.	73.00	0.90	1.25%
TW:5209	CTCI Advanced Systems Inc.	223.00	68.11	43.97%
TW:6215	Aurotek Corporation	78.50	-27.98	-26.27%
TW:6668	Zhong Yang Technology Co., Ltd.	47.20	8.20	21.03%
TW:6953	Gudeng Equipment Co., Ltd.	208.00	28.37	15.79%

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

HYE Technology Co., Ltd. AI Stock Analysis