Wave Power Technology, Inc. (6895) AI Stock Analysis

Wave Power Technology, Inc.

(TPEx:6895)

Select Model

Rating:45Neutral

Price Target:TWD 117.00▼(-2.50% Downside)

Action:initiatedcoverage

Date:11/10/26

The overall score is heavily pressured by extremely poor technical momentum and a stretched valuation, which signal significant market skepticism. While the company's revenue is growing rapidly and its balance sheet is strong, these positives are overshadowed by deteriorating profit margins and deeply negative free cash flow, indicating the growth is costly and potentially unsustainable at current levels.

Positive Factors

Revenue AccelerationThe return to meaningful revenue growth indicates renewed top-line momentum after a period of limited expansion. If sustained, stronger sales can improve operating leverage, support reinvestment, and reinforce the company’s ability to build earnings over the next several quarters.

Negative Factors

Negative Free Cash FlowThe sharp deterioration in free cash flow weakens the quality of reported profitability and may reflect elevated investment or working-capital pressure. Persistently negative cash generation would reduce internally available funds and increase the need to manage financing and spending carefully.

Wave Power Technology, Inc. (6895) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.18B
Dividend Yield: 2.32%
Average Volume (3M): 56.00K
Price to Earnings (P/E): 248.0
Beta (1Y): 0.79
Revenue Growth: 40.92%
EPS Growth: -82.33%
Country: TW
Employees: 126
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Wave Power Technology, Inc. Business Overview & Revenue Model

Company Description

Wave Power Technology Inc. specializes in the full spectrum of activities, from research and development to manufacturing and sales, for advanced components designed for high-frequency, high-power, high-voltage, and high-vacuum applications. Their ex...

Wave Power Technology, Inc. Financial Statement Overview

Summary

Financial performance is mixed. Revenue surged 105.6%, indicating strong demand, and the balance sheet is robust with minimal debt and improving ROE. However, profitability is declining with compressed margins, and free cash flow is deeply negative at -T$104.2M, raising concerns about the quality of growth.

Income Statement

55Neutral

Balance Sheet

78Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	768.35M	850.77M	413.77M	411.45M	437.19M	362.19M
Gross Profit	126.52M	261.50M	186.76M	201.30M	230.03M	187.79M
EBITDA	79.08M	190.32M	132.93M	129.32M	163.38M	133.42M
Net Income	17.48M	123.20M	86.81M	86.77M	113.76M	90.38M
Balance Sheet
Total Assets	1.06B	1.36B	1.18B	1.09B	751.42M	675.76M
Cash, Cash Equivalents and Short-Term Investments	247.38M	339.08M	496.45M	581.50M	207.67M	284.62M
Total Debt	72.22M	65.55M	43.61M	13.11M	10.23M	10.99M
Total Liabilities	166.18M	298.70M	156.01M	86.01M	119.42M	80.69M
Stockholders Equity	895.33M	1.06B	1.02B	1.01B	632.00M	595.07M
Cash Flow
Free Cash Flow	-86.54M	-104.25M	1.66M	140.47M	-428.00K	40.69M
Operating Cash Flow	91.22M	54.08M	60.34M	160.13M	21.31M	70.72M
Investing Cash Flow	-121.87M	49.41M	38.28M	-384.42M	31.62M	-97.53M
Financing Cash Flow	-61.95M	-56.48M	-78.04M	287.92M	-77.59M	-46.31M

Wave Power Technology, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:6895 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:1603	58Neutral	TWD 4.65B	10.50	―	6.83%	5.03%	-20.15%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:1611	54Neutral	TWD 3.79B	41.91	―	6.90%	-9.42%	64.46%
TW:5381	49Neutral	TWD 3.86B	25.43	―	―	-7.01%	-32.51%
TW:6895	45Neutral	TWD 4.16B	248.02	―	2.32%	40.92%	-82.33%

* General Sector Average

Performance Comparison

TW:6895 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:6895	Wave Power Technology, Inc.	120.00	-116.10	-49.17%
TW:1603	China Wire & Cable Co., Ltd.	29.25	-6.64	-18.51%
TW:1611	China Electric MFG Corp.	11.35	-0.49	-4.15%
TW:5381	Spectrum Electrics Corporation	19.25	-8.28	-30.07%
TW:6987	Ina Energy Corporation	19.60	-2.83	-12.64%
TW:7897	Whole Sun Green Power Co., Ltd.	27.35	-43.13	-61.20%

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 10, 2026

Wave Power Technology, Inc. AI Stock Analysis