FEAF
TWSE

6108 競國

41.00 ▲ 1.70 (4.33%) Close · 2026-11-13 · TWSE
Ask about 6108
This is research, not a buy or sell recommendation. Robo-advice in Taiwan requires an FSC licence; FEAF analyses, explains and monitors, and the investor makes the decision. Judgement thresholds are working rules pending review by the team's finance members.

Plain-language summary of valuation, growth, profitability, balance sheet, and recent MOPS filings.

Your risk profile
Conclusion

Mixed picture: 1 strengths against 3 watch-outs. Weigh them against your own goals.

Points to watch for a moderate profile: see the items marked above.

In plain words

Stock 6108 presents a mixed profile, trading at a P/E of 13.53, which is cheaper than the Electronic components median of 24.93 among 81 listed peers. Revenue fell -18.0% in 2025 but grew 47.4% year-on-year in Q3 2026, while return on equity reached 10.7% with a 6.3% net margin. However, watch-outs include a heavy debt load with liabilities at 59.6% of total assets in Q3 2026, negative free cash flow of -56 NT$ million in 2025, and no processed filings for this stock yet. Ultimately, final investment decisions rest entirely with the investor.

Written by gemini-3.6-flash from the facts above; every number was checked against them.

Strengths

+ P/E 13.53 is well below the Electronic components median of 24.93 (81 listed peers): priced cheaper than peers. source (Key Stats) →

Watch-outs

! Revenue fell -18.0% in 2025; latest quarter Q3 2026: 47.4% year on year. source (Financials) →
! Liabilities are 59.6% of total assets (Q3 2026): a heavy debt load. source (Financials) →
! Free cash flow was negative in 2025: -56 NT$ million, so spending exceeded operating cash. source (Financials) →

What to check before deciding

?Is the revenue decline temporary or structural?
?Can operating cash cover the debt if conditions tighten?
?What is the spending for, and when does it start paying back?

What the analysis found

+ Valuation vs peers P/E 13.53 is well below the Electronic components median of 24.93 (81 listed peers): priced cheaper than peers. source →
! Growth Revenue fell -18.0% in 2025; latest quarter Q3 2026: 47.4% year on year. source →
· Profitability Return on equity 10.7% with a 6.3% net margin: moderate profitability. source →
! Debt Liabilities are 59.6% of total assets (Q3 2026): a heavy debt load. source →
! Cash flow Free cash flow was negative in 2025: -56 NT$ million, so spending exceeded operating cash. source →
· Filings No processed filings for this stock yet. source →