Highpoint Service Network Corp. AI Stock Analysis
Highpoint Service Network Corp. (6884) AI Stock Analysis
Highpoint Service Network Corp.
(TPEx:6884)
Highpoint earns a moderate score. Its greatest strengths are a very conservative balance sheet — minimal debt, rapidly growing equity and solid financial flexibility — combined with an undemanding 14.9x P/E and a generous 4.9% dividend yield that supports total return. Offsetting these are razor-thin net margins below 3%, a sharp slowdown to flat revenue in 2025, declining operating margin and return on equity, and cash flows that have proven volatile. Technicals are the main near-term drag, with the price below all key moving averages and subdued momentum readings. The result is a financially sound, income-oriented holding whose re-rating potential depends on restoring revenue momentum or margin improvement.
Highpoint Service Network Corp. (6884) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 570.09M
- Dividend Yield
- 4.74%
- Average Volume (3M)
- 10.12K
- Price to Earnings (P/E)
- 15.7
- Beta (1Y)
- 0.28
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- TW
- Employees
- 126
- Sector
- General
- Sector Strength
- 55
- Industry
- Information Technology Services
Highpoint Service Network Corp. Business Overview & Revenue Model
Company Description
Highpoint Service Network Corporation provides after-sale service of information technology (IT) products in Taiwan, Malaysia, Thailand, the Philippines, Indonesia, and Vietnam. It offers repair and maintenance services for out-of-warranty smartphone...
Highpoint Service Network Corp. Financial Statement Overview
Summary
A financially stable but low-margin IT services and distribution business. The balance sheet is the standout (score 80): debt was cut to NT$35 million from NT$90 million, equity rose about 40% to NT$333 million, and debt-to-equity fell to a very conservative 0.11, providing strong financial flexibility. Cash flow (65) is healthy — operating cash flow of NT$84.6 million exceeded net income and free cash flow converted roughly 90% of earnings — but it is lumpy, falling about 43% from 2024 and turning negative as recently as 2023 due to working-capital swings. The income statement (62) is the weakest link: after doubling revenue since 2020, sales were essentially flat in 2025, operating margin slipped to 3.8% from 4.5%, net margin remains under 3%, and return on equity fell to 10.1% from 13.9%.
Income Statement
62PositiveBalance Sheet
80PositiveCash Flow
65Positive| Breakdown | TTM | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.33B | 1.21B | 1.19B | 904.12M | 744.41M | 582.98M |
| Gross Profit | 254.26M | 250.94M | 224.77M | 164.78M | 137.96M | 127.25M |
| EBITDA | 67.74M | 67.72M | 76.29M | 52.66M | 48.96M | 38.63M |
| Net Income | 34.79M | 33.51M | 33.08M | 24.57M | 22.29M | 13.30M |
Balance Sheet | ||||||
| Total Assets | 801.06M | 720.42M | 652.87M | 442.57M | 427.74M | 391.38M |
| Cash, Cash Equivalents and Short-Term Investments | 401.05M | 347.43M | 273.22M | 160.13M | 210.09M | 180.87M |
| Total Debt | 56.05M | 35.06M | 90.05M | 39.39M | 30.84M | 41.13M |
| Total Liabilities | 481.62M | 384.84M | 411.88M | 236.99M | 225.54M | 220.17M |
| Stockholders Equity | 316.39M | 332.54M | 238.03M | 202.68M | 199.33M | 168.40M |
Cash Flow | ||||||
| Free Cash Flow | 28.90M | 75.83M | 134.06M | -30.20M | 34.50M | -1.05M |
| Operating Cash Flow | 38.38M | 84.58M | 140.09M | -26.57M | 41.78M | 8.56M |
| Investing Cash Flow | -34.10M | -8.96M | -37.99M | -4.11M | -8.26M | -10.07M |
| Financing Cash Flow | 30.30M | -2.79M | -7.33M | -15.43M | -11.36M | -33.00K |
Highpoint Service Network Corp. Peers Comparison
Overall Rating
TW:691072Outperform- TW:688465Neutral
TW:531034Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6910 | 72Outperform | TWD 705.04M | 15.77 | ― | 7.58% | ― | ― |
| TW:6884 | 65Neutral | TWD 582.04M | 15.75 | ― | 4.74% | ― | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:5310 | 34Underperform | TWD 669.48M | 10.50 | ― | ― | -30.11% | 291.11% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6884 | Highpoint Service Network Corp. | 31.65 | -21.40 | -40.34% | |
| TW:5310 | CGS International, Inc. | 23.20 | -6.70 | -22.41% | |
| TW:6868 | Iscom Online International Information Inc. | 23.45 | -4.55 | -16.25% | |
| TW:6910 | Grandsys Inc | 23.10 | -17.48 | -43.07% | |
| TW:7841 | CyberSoft Digital Services Corporation | 24.50 | -11.71 | -32.35% | |
| TW:7933 | Weblisher Data Tech Co.,Ltd. | 26.20 | -6.15 | -19.01% |
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