U
Ubiqconn Technology 6928.TW · TWD
Information Technology · Taiwan Stock Exchange · 🇹🇼 Taiwan
41.20
0.00%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 1.97bn
FY2019FY2025
Net income
−TWD 62.4m
FY2019FY2025
Free cash flow
TWD 101.0m
FY2019FY2025
Shareholders' equity
TWD 2.04bn
FY2019FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.97bn | TWD 2.02bn | TWD 3.72bn | TWD 3.32bn | TWD 3.21bn | TWD 1.62bn | TWD 1.65bn |
| Gross profit | TWD 519.8m | TWD 464.7m | TWD 794.8m | TWD 610.9m | TWD 437.4m | TWD 204.2m | TWD 311.9m |
| Research and development | TWD 231.5m | TWD 240.8m | TWD 197.2m | TWD 176.3m | TWD 161.9m | TWD 139.5m | TWD 138.1m |
| Operating income | −TWD 113.2m | −TWD 146.8m | TWD 313.6m | TWD 193.0m | TWD 104.9m | −TWD 76.1m | TWD 8.4m |
| Net income | −TWD 62.4m | −TWD 67.2m | TWD 257.9m | TWD 207.2m | TWD 125.2m | −TWD 98.5m | TWD 5.8m |
| Diluted earnings per share | -0.73 | -0.77 | 3.44 | 2.75 | 1.67 | -2.40 | 0.14 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.65bn | TWD 2.74bn | TWD 2.18bn | TWD 2.14bn | TWD 2.03bn | TWD 1.55bn | TWD 1.06bn |
| Cash and short-term investments | TWD 1.34bn | TWD 1.50bn | TWD 764.4m | TWD 307.5m | TWD 280.7m | TWD 144.4m | TWD 116.5m |
| Total liabilities | TWD 611.5m | TWD 614.5m | TWD 801.2m | TWD 993.8m | TWD 1.39bn | TWD 1.38bn | TWD 790.9m |
| Debt | TWD 45.7m | TWD 88.0m | TWD 116.0m | TWD 155.1m | TWD 121.1m | TWD 228.8m | TWD 200.2m |
| Shareholders' equity | TWD 2.04bn | TWD 2.12bn | TWD 1.38bn | TWD 1.15bn | TWD 637.6m | TWD 170.0m | TWD 268.9m |
| Shares outstanding | 85m | 87m | 75m | 75m | 75m | 41m | 43m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 129.2m | TWD 13.2m | TWD 667.4m | TWD 69.7m | −TWD 233.4m | TWD 11.7m | TWD 53.7m |
| Capital spending | −TWD 28.2m | −TWD 28.8m | −TWD 36.0m | −TWD 23.8m | −TWD 18.4m | −TWD 23.0m | −TWD 13.1m |
| Free cash flow | TWD 101.0m | −TWD 15.6m | TWD 631.4m | TWD 45.9m | −TWD 251.8m | −TWD 11.3m | TWD 40.6m |
| Dividends paid | −TWD 43.0m | −TWD 86.0m | −TWD 37.5m | — | — | — | — |
Latest quarters
By quarter end
| Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 547.9m | TWD 340.7m | TWD 482.3m | TWD 536.0m | TWD 611.1m | TWD 482.4m | TWD 449.8m | TWD 572.7m |
| Gross profit | TWD 153.4m | TWD 107.6m | TWD 127.4m | TWD 124.8m | TWD 160.0m | TWD 121.1m | TWD 80.8m | TWD 122.7m |
| Operating income | −TWD 8.3m | −TWD 82.7m | −TWD 37.0m | −TWD 13.8m | TWD 15.7m | −TWD 45.5m | −TWD 58.2m | −TWD 48.8m |
| Net income | −TWD 3.4m | −TWD 54.2m | −TWD 19.6m | −TWD 8.3m | TWD 19.8m | −TWD 25.9m | −TWD 28.6m | −TWD 37.4m |
| Diluted earnings per share | -0.04 | -0.63 | -0.23 | -0.10 | 0.23 | -0.30 | -0.33 | -0.43 |
| Cash from operations | −TWD 8.0m | TWD 30.0m | −TWD 4.0m | −TWD 56.0m | TWD 159.0m | −TWD 45.0m | −TWD 131.0m | TWD 7.0m |
| Capital spending | −TWD 2.0m | −TWD 8.0m | −TWD 7.0m | −TWD 7.0m | −TWD 5.0m | −TWD 4.0m | −TWD 7.0m | −TWD 7.0m |
| Free cash flow | −TWD 10.0m | TWD 22.0m | −TWD 11.0m | −TWD 63.0m | TWD 154.0m | −TWD 49.0m | −TWD 138.0m | TWD 0 |
| Total assets | TWD 2.58bn | TWD 2.65bn | TWD 2.75bn | TWD 2.75bn | TWD 2.77bn | TWD 2.74bn | TWD 2.75bn | TWD 3.01bn |
| Cash and short-term investments | TWD 1.32bn | TWD 1.34bn | TWD 1.33bn | TWD 1.58bn | TWD 1.65bn | TWD 1.50bn | TWD 1.55bn | TWD 1.75bn |
| Debt | TWD 40.3m | TWD 45.7m | TWD 45.3m | TWD 76.1m | TWD 38.5m | TWD 38.8m | TWD 34.3m | TWD 32.0m |
| Shareholders' equity | TWD 2.04bn | TWD 2.04bn | TWD 2.08bn | TWD 2.09bn | TWD 2.14bn | TWD 2.12bn | TWD 2.15bn | TWD 2.18bn |
Financial ratios
Data as of 18 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 26.4% | 23.0% | 21.4% | 18.4% | 13.6% | 12.6% |
| Operating margin | -5.7% | -4.3% | 8.4% | 5.8% | 3.3% | -5.5% |
| Net margin | -3.2% | -3.3% | 6.9% | 6.3% | 3.9% | -6.1% |
| Return on equity | -3.1% | -3.2% | 18.7% | 18.1% | 19.6% | -57.9% |
| Return on assets | -2.4% | -2.5% | 11.8% | 9.7% | 6.2% | -6.4% |
| Free cash flow yield | 4.0% | 1.1% | 20.5% | 2.7% | — | — |
| Revenue growth | -2.5% | -45.7% | 12.3% | 3.2% | 98.7% | -2.0% |
| Earnings growth | -7.1% | -126.0% | 24.5% | 65.5% | -227.1% | -1784.7% |
| Current ratio | 4.18x | 4.52x | 2.73x | 2.10x | 1.42x | 1.08x |
| Debt to equity | 0.02x | 0.02x | 0.03x | 0.10x | 0.12x | 0.94x |
| Equity ratio | 76.9% | 77.6% | 63.2% | 53.6% | 31.4% | 11.0% |
| Interest coverage | -42.28x | -34.78x | 60.01x | 28.05x | 13.73x | -12.12x |
| R&D as a share of sales | 11.7% | 11.9% | 5.3% | 5.3% | 5.0% | 8.6% |
| Buybacks as a share of market value | 1.6% | -15.7% | 0.4% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -15.9% | 4.0% | — |
| Operating income | — | 8.3% | — |
| Net income | — | -8.7% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 24.7% | 21.7% | 19.1% | — |
| Operating margin | -6.5% | 2.2% | 1.7% | — |
| Net margin | -3.2% | 3.0% | 2.3% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | |
|---|---|---|---|
| Price to earnings | -70.7 | -92.7 | 23.1 |
| Price to sales | 2.2 | 3.1 | 1.6 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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