Ubiqconn Technology, Inc. AI Stock Analysis
Ubiqconn Technology, Inc. (6928) AI Stock Analysis
Ubiqconn Technology, Inc.
(TWSE:6928)
Ubiqconn scores below average, weighed down primarily by a sharply deteriorated earnings profile: revenue has nearly halved from its 2023 peak, the company has posted two consecutive annual net losses, and ROE is negative. This is partly offset by a fortress balance sheet — essentially debt-free with equity funding 77% of assets — plus a return to positive free cash flow and a multi-year high gross margin of 26.4%, which together substantially reduce financial risk. Technicals reinforce caution, with the price below all key moving averages and negative MACD, though oversold RSI and Stochastic readings suggest the selling may be stretched. Valuation offers little support given negative earnings and a modest 1.2% dividend yield. A stabilisation in sales and a return to operating profit are the key catalysts investors should watch for.
Ubiqconn Technology, Inc. (6928) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 4.27B
- Dividend Yield
- 1.22%
- Average Volume (3M)
- 64.40K
- Price to Earnings (P/E)
- -33.8
- Beta (1Y)
- 0.96
- Revenue Growth
- -18.84%
- EPS Growth
- -271.24%
- Country
- TW
- Employees
- 361
- Sector
- General
- Sector Strength
- 55
- Industry
- Computer Hardware
Ubiqconn Technology, Inc. Business Overview & Revenue Model
Company Description
Ubiqconn Technology, Inc. specializes in the manufacturing and global distribution of various tech products, including industrial computers, in-vehicle systems, electronic components, and related peripheral equipment. The company further offers durab...
Ubiqconn Technology, Inc. Financial Statement Overview
Summary
A tale of two halves. The balance sheet (score 80) is exceptionally strong: debt-to-equity of just 0.04, equity funding ~77% of the NT$2.65bn asset base, and shareholders' equity above NT$2bn after a decade of deleveraging — minimal solvency risk. Cash flow (score 62) improved, with operating cash flow of ~NT$129m and free cash flow swinging positive to ~NT$101m, though cash generation has been volatile and is working-capital driven rather than earnings-backed. The income statement (score 30) is the clear drag: revenue has roughly halved from the 2023 peak of NT$3.72bn to ~NT$1.97bn, producing a second straight annual net loss (-NT$62m, -3.2% net margin) and negative ROE of -3.1%. Gross margin improvement to a multi-year high of 26.4% is encouraging, but scale remains below break-even.
Income Statement
30NegativeBalance Sheet
80PositiveCash Flow
62Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.76B | 1.97B | 2.02B | 3.72B | 3.32B | 3.21B |
| Gross Profit | 502.25M | 519.80M | 464.72M | 794.84M | 610.90M | 437.42M |
| EBITDA | -96.23M | -36.49M | -23.12M | 371.66M | 241.34M | 145.71M |
| Net Income | -103.22M | -62.37M | -67.16M | 257.87M | 207.19M | 125.19M |
Balance Sheet | ||||||
| Total Assets | 2.71B | 2.65B | 2.74B | 2.18B | 2.14B | 2.03B |
| Cash, Cash Equivalents and Short-Term Investments | 1.33B | 1.34B | 1.50B | 764.37M | 307.54M | 280.68M |
| Total Debt | 60.48M | 85.64M | 87.57M | 115.77M | 155.07M | 125.10M |
| Total Liabilities | 698.37M | 611.49M | 614.53M | 801.21M | 993.84M | 1.39B |
| Stockholders Equity | 2.01B | 2.04B | 2.12B | 1.38B | 1.15B | 637.64M |
Cash Flow | ||||||
| Free Cash Flow | 17.27M | 100.98M | -15.59M | 631.42M | 45.91M | -251.77M |
| Operating Cash Flow | 40.72M | 129.16M | 13.20M | 667.39M | 69.74M | -233.40M |
| Investing Cash Flow | -315.96M | 348.74M | -896.13M | -51.30M | -32.59M | -22.87M |
| Financing Cash Flow | -98.51M | -93.85M | 748.84M | -164.51M | -16.07M | 389.90M |
Ubiqconn Technology, Inc. Peers Comparison
Overall Rating
TW:654662Neutral- TW:692847Neutral
TW:322140Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:6546 | 62Neutral | TWD 3.61B | 13.45 | ― | 4.56% | -2.22% | 48.41% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:6928 | 47Neutral | TWD 3.53B | -33.77 | ― | 1.22% | -18.84% | -271.24% |
| TW:3221 | 40Underperform | TWD 4.21B | 31.63 | ― | 0.67% | 14.36% | 6591.41% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:6928 | Ubiqconn Technology, Inc. | 45.15 | -6.25 | -12.16% | |
| TW:3221 | Tai-Saw Technology Co., Ltd. | 41.30 | 18.66 | 82.43% | |
| TW:6546 | AMPAK Technology, Inc. | 54.80 | -10.31 | -15.83% | |
| TW:6980 | Rapidtek Technologies Inc. | 107.00 | 54.40 | 103.42% | |
| TW:7810 | JTRON Technology Corp. | 184.00 | 54.77 | 42.38% | |
| TW:7812 | TMY Technology Inc. | 56.00 | -36.00 | -39.13% |
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