Employees: 404
Size Phoenix Pioneer Technology (6920.TWO) is a Taiwan Information Technology company (Semiconductors) with a market value of $442M, the 492nd largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$70.50 on 6 Nov 2026.
Performance Over six months the shares fell 44.5%, against -20.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 31.7% over the last twelve months (peer median +7.0%); the operating margin is -9.9% (peer median 2.1%).
Valuation It trades at 8.8× enterprise value to sales against a peer median of 3.7× (7th most expensive of 21).
Capital Return on invested capital runs 23.5 points below its cost of capital (17.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$1.73B | NT$1.46B | NT$1.20B | NT$758M | NT$1.91B |
| Revenue growth | — | +21% | +59% | -60% | — |
| Gross profit | -NT$10.4M | -NT$233M | -NT$389M | -NT$511M | NT$243M |
| EBITDA | NT$257M | NT$40.5M | -NT$85.0M | -NT$190M | NT$531M |
| Net income | -NT$174M | -NT$464M | -NT$486M | -NT$653M | NT$69.0M |
| Free cash flow | NT$4.05M | -NT$28.5M | -NT$178M | -NT$223M | NT$140M |
| Capital expenditure | NT$121M | NT$90.0M | NT$112M | NT$83.5M | NT$155M |
| Total debt | n/a | NT$1.18B | NT$1.65B | NT$1.76B | NT$1.60B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 6920.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -31.6% | -24.3% | 6th lowest of 21 |
| 6-month return | -44.5% | -20.2% | 5th lowest of 21 |
| Distance from 52-week high | -51.4% | -48.2% | 9th lowest of 21 |
| Revenue growth (TTM) | +31.7% | +7.0% | 6th highest of 21 |
| Operating margin | -9.9% | 2.1% | 8th lowest of 20 |
| EV / Sales | 8.8× | 3.7× | 7th most expensive of 21 |
| ROIC minus cost of capital | -23.5 pp | -3.9 pp | 5th lowest of 20 |
| EV / EBITDA | 59.1× | 9.7× | most expensive of 9 |
| Net debt / EBITDA | 2.3× | -0.3× | 4th most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Phoenix Pioneer Technology 6920.TWO | Taiwan | $442M | -44% | +32% | -10% | 8.8× | n/a | n/a |
| Cheng Mei Instrument Technology 7853.TWO | Taiwan | $442M | -20% | +2% | -46% | 37.8× | n/a | n/a |
| Truelight 3234.TWO | Taiwan | $443M | +8% | +10% | -24% | 20.9× | n/a | n/a |
| Clenergy Technology 603628.SS | China | $441M | -13% | -21% | 4% | 2.3× | 13.0% | +18.4% |
| Triductor Technology (Suzhou) 688259.SS | China | $446M | -30% | -32% | -16% | 8.3× | 55.4% | +11.6% |
| ITH 6962.TW | Taiwan | $436M | -17% | -3% | 2% | 0.6× | 1.4% | -4.9% |
| Taiwan-Asia Semiconductor 2340.TW | Taiwan | $448M | -19% | 0% | -26% | 4.2× | n/a | n/a |
| Anpec Electronics 6138.TWO | Taiwan | $449M | -20% | +18% | 19% | 1.6× | -1.6% | +6.8% |
| Guangzhou Anyka Microelectronics 688620.SS | China | $449M | -11% | +70% | 1% | 3.2× | n/a | n/a |
| S & S Tech 101490.KS | South Korea | $451M | -71% | +20% | 20% | 2.2× | n/a | n/a |
| Japan Electronic Materials 6855.T | Japan | $451M | -31% | +38% | 26% | 1.6× | 10.9% | +9.7% |
| IntelliEPI Inc. (Cayman) 4971.TWO | Taiwan | $452M | -60% | +31% | 19% | 12.9× | n/a | n/a |
| MiCo 059090.KS | South Korea | $431M | -18% | +60% | 6% | 1.6× | n/a | n/a |
| PCL Technologies 4977.TW | Taiwan | $454M | -23% | -26% | 2% | 13.1× | n/a | n/a |
| TSEC 6443.TW | Taiwan | $423M | -31% | -55% | -122% | 11.6× | n/a | n/a |
| China Chippacking Technology 688216.SS | China | $463M | -14% | +56% | 2% | 3.3× | 20.2% | +7.0% |
| SEMCO Technologies ALSEM.PA | France | $421M | -34% | +7% | n/a | 9.8× | 26.2% | n/a |
| SAMT 031330.KS | South Korea | $464M | -9% | +104% | 8% | 0.2× | n/a | n/a |
| indie Semiconductor INDI | United States | $420M | -58% | +6% | -62% | 3.2× | n/a | n/a |
| Maxic Technology 688458.SS | China | $468M | -14% | +7% | -14% | 4.0× | n/a | n/a |
| Lake Materials 281740.KS | South Korea | $468M | -58% | +6% | 11% | 5.4× | n/a | n/a |