6787.TWO
SinkerKingray Technology Co., Ltd. · Technology · Taiwan · $56M cap · $153K/day traded
TWD 16.30 -1.2% · close 12 Nov · scored 13 Nov
Sinker: Weak business, rich price and weak momentum. Nothing here to keep it afloat.
As of 13 Nov 2026, the MoatMap Score for Kingray Technology Co., Ltd. (6787.TWO) is 1/100, ranked against 25,000+ stocks in 38 markets (Quality 14, Value 28, Momentum 11, each scored against its sector).
Does the score work? Each tenth of the ranking, tracked monthly. See the record →
ABOUT KINGRAY TECHNOLOGY CO., LTD.
Read
Kingray Technology Co., Ltd. provides semiconductor wafer reclaim services, precision cleaning, and thin-film deposition for the microelectronics industry. The company plays a vital role in the semiconductor circular economy by processing test and dummy wafers for reuse in advanced manufacturing lines. Kingray's competitive advantage is sustained by its high-yield reclamation technologies and long-term service contracts with top-tier foundries.
FINANCIAL SUMMARY (TWD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|---|
| Revenue | — | 46.6M | 71.2M | 110.3M | 157.1M | 50.0% | 199.9M |
| EPS (TWD) | -2.34 | -1.98 | -2.36 | -2.53 | -2.63 | — | -2.69 |
| Shares | — | 59.8M | 72.3M | 80.9M | 81.2M | +35.7% | 87.7M |
| Debt | — | 55.3M | 42.2M | 28.6M | 21.3M | -27.3% | 56.5M |
| Equity | — | 483.0M | 501.3M | 739.3M | 583.8M | 6.5% | — |
| Op CF | — | -133.6M | -95.4M | -97.1M | -135.7M | — | -165.7M |
| Inv CF | — | -44.9M | -37.8M | -56.7M | -126.0M | — | — |
| Fin CF | — | 0.5M | 160.2M | 386.9M | 85.9M | — | — |
Made a new 52-week low 4 trading days ago, 69% below its 52-week high. The fall has not stopped yet.
Swung more than 88% of stocks we rank over the past year (volatility 79% a year).
How this is worked out
The Price check reads only the chart, the price side of the Momentum score in words; it is not the MoatMap Score.
- Still falling (this stock): It set a new 52-week low in the last two weeks, after a deep fall.
- Finding a floor: It fell hard, but has set no new low for more than two weeks.
- Turning up: It has climbed off its low and is back above a rising 50-day average.
- In an uptrend: It is near its 52-week high and above its 200-day average.
- No clear trend: None of the above: no recent deep fall and no steady climb.
- No read yet: Not enough price history yet: it needs a year of trading.
In past US falls, waiting for Turning up cut the chance of another 20% drop from 42% to 33%. Returns were no better, and 33% of turns failed.
The exact rules
Still falling is a new 52-week low in the last two weeks, at least 25% below the high, with the low set after the high. Finding a floor is the same fall with no new low in the last two weeks. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average, with the 50-day average above the 200-day, and within 15% of the high. No clear trend is everything else. No read yet is under 252 trading days of history, or missing data. A new state shows once it has held for three trading days.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn (the Turning up rule above) cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: how much the price moved day to day over the past year, scaled to a yearly figure (annualised volatility) and ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 6787.TWO are excluded.
| Ticker | Company | Mkt Cap | Score |
|---|---|---|---|
| 6787.TWO | Kingray Technology Co., Ltd.(you) | $56M | 1 |
| 6684.TWO | Algoltek, Inc. | $63M | 24 |
| 6682.TWO | Hua Hsu Advanced Technology Co., Ltd. | $147M | 7 |
| 5246.TWO | ProbeLeader Co., Ltd. | $179M | 3 |
| 3041.TW | ALi Corporation | $101M | 15 |
| 6735.TWO | AMIDA Technology, Inc. | $82M | 26 |
| 3467.TWO | Forcera Materials Co., Ltd. | $59M | 34 |
| 6877.TWO | Hye Technology Co.,Ltd | $215M | 13 |
| 6425.TWO | Easy Field Corporation | $114M | 32 |
| 6920.TWO | Phoenix Pioneer technology Co., Ltd. | $578M | 6 |
Peer medians: ROE 10.7% · P/E 19.7x · Gross margin 26.0%
Company Deep Dive
A 10,000-word report: the business and its segments, what management promised on earnings calls and whether it delivered, the competition, and how things could turn out.