FEAF
TWSE

6225 天瀚

83.00 ▲ 2.80 (3.49%) Close · 2026-11-13 · TWSE
Ask about 6225
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

Company 6225 saw modest revenue growth of 0.4% in 2025, but its Q3 2026 revenue declined by 15.1% year on year. Profitability remains weak, demonstrated by a return on equity of -3.1% and a net margin of -32.8%. On the other hand, the company maintains a light debt load with liabilities at only 16.0% of total assets in Q3 2026 and generated positive free cash flow of 2 NT$ million in 2025. Overall, this presents a mixed picture of two strengths against one watch-out. Ultimately, the final investment decision rests in the hands of the investor.

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

Strengths

+ Liabilities are only 16.0% of total assets (Q3 2026): a light debt load. source (Financials) →
+ Free cash flow was positive in 2025: 2 NT$ million. source (Financials) →

Watch-outs

! Return on equity -3.1% with a -32.8% net margin: weak profitability. source (Key Stats) →

What to check before deciding

?What would lift profitability, and how soon?

What the analysis found

· Growth Revenue grew modestly, 0.4% in 2025; latest quarter Q3 2026: -15.1% year on year. source →
! Profitability Return on equity -3.1% with a -32.8% net margin: weak profitability. source →
+ Debt Liabilities are only 16.0% of total assets (Q3 2026): a light debt load. source →
+ Cash flow Free cash flow was positive in 2025: 2 NT$ million. source →
· Filings 1 verified alert(s); latest on 2026-11-13: 本公司董事會通過115年第3季合併財務報告 source →