FEAF
TPEx

6186 新潤

27.60 ▲ 0.45 (1.66%) Close · 2026-11-13 · TPEx
Ask about 6186
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: 2 strengths against 1 watch-outs. Weigh them against your own goals.

For a moderate profile, none of the items above crosses the watch-out thresholds set by the team.

In plain words

For stock code 6186, revenue grew 3.7% in 2025, but Q3 2026 revenue dropped 99.5% year on year. Free cash flow was positive in 2025 at 2,786 NT$ million, though liabilities stood at a heavy 68.9% of total assets in Q3 2026. The current price implies a -26.9% perpetual growth rate within the 3.5% ceiling, indicating attainable expectations. Additionally, 1 verified alert occurred on 2026-11-13 alongside 3 filings waiting for human review. Ultimately, all investment decisions rest entirely with the investor.

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

Strengths

+ The current price implies -26.9% perpetual growth, within the 3.5% ceiling: expectations look attainable. source (Valuation) →
+ Free cash flow was positive in 2025: 2,786 NT$ million. source (Financials) →

Watch-outs

! Liabilities are 68.9% of total assets (Q3 2026): a heavy debt load. source (Financials) →

What to check before deciding

?Can operating cash cover the debt if conditions tighten?

What the analysis found

+ Valuation (DCF) The current price implies -26.9% perpetual growth, within the 3.5% ceiling: expectations look attainable. source →
· Growth Revenue grew modestly, 3.7% in 2025; latest quarter Q3 2026: -99.5% year on year. source →
! Debt Liabilities are 68.9% of total assets (Q3 2026): a heavy debt load. source →
+ Cash flow Free cash flow was positive in 2025: 2,786 NT$ million. source →
· Filings 1 verified alert(s); latest on 2026-11-13: 公告本公司115年度第三季財報董事會報告 source →
· Filings 3 filing(s) are held or rejected and wait for human review. source →