Thinking Electronic Industrial Co., Ltd. (TPE:2428)
Taiwan flag Taiwan · Delayed Price · Currency is TWD
228.50
+2.50 (1.11%)
Aug 5, 2026, 1:30 PM CST

TPE:2428 Financials Overview

Millions TWD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
8,1928,0357,5207,0777,4637,500
Revenue Growth
4.31%6.85%6.25%-5.17%-0.50%26.69%
Gross Profit
3,1813,2262,9802,7442,6333,239
Operating Income
1,9732,0121,7741,5921,4002,125
Net Income
1,4091,5061,5511,3081,3741,577
Earnings Per Share
10.9511.7112.0510.1710.6612.25
EPS Growth
-11.83%-2.82%18.49%-4.60%-12.98%13.64%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
The Company
3,8653,8483,5623,1733,6193,776
Adjustment and Write-Off
-7,213-7,064-6,665-5,018-5,377-6,129
Jiangxi Thinking
1,1201,1381,125830.85--
Other
237.34212.67186.631,2952,0154,627
Thinking(Changzhou) Electronic Co.,Ltd.
3,4053,2622,9412,9223,1993,119
Xingqin Yichang
1,6491,5871,378---
Dongguan Welkin Electronic Co (INCLUDING Weiqin Xingjing)
-5,0504,9923,8753,610-
Total
8,1928,0357,5207,0777,4637,500

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,1955,7374,6934,0304,5764,472
Total Debt
1,5901,5291,3941,2891,8721,550
Net Cash (Debt)
4,6054,2083,2982,7412,7052,922
Net Cash Growth
24.35%27.57%20.33%1.35%-7.43%-10.82%
Net Cash Per Share
35.8132.7225.6321.3121.0022.69

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,7952,0331,7892,1291,8681,574
Capital Expenditures
-506.3-501.69-470.84-862.48-874.19-852.86
Free Cash Flow
1,2881,5321,3181,266993.91721.22
Free Cash Flow Growth
-1.77%16.20%4.10%27.39%37.81%-25.99%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
38.83%40.15%39.63%38.77%35.28%43.19%
Operating Margin
24.08%25.05%23.59%22.50%18.76%28.33%
Pretax Margin
24.57%26.80%27.46%24.34%24.07%28.79%
Profit Margin
17.20%18.74%20.62%18.48%18.41%21.03%
FCF Margin
15.73%19.06%17.53%17.89%13.32%9.62%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
5.9005.9006.1005.2005.4006.300
Dividend Per Share Growth
17.31%-3.28%17.31%-3.70%-14.29%14.54%
Dividend Yield
2.61%3.38%4.19%3.32%4.84%4.65%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
20.6414.8412.5216.4611.5612.79
Forward PE
-13.2413.2411.1411.0511.51
P/FCF Ratio
22.4714.6014.7317.0015.9827.98
PS Ratio
3.532.782.583.042.132.69