Thinking Electronic Industrial Co., Ltd. (TPE:2428)
Taiwan flag Taiwan · Delayed Price · Currency is TWD
180.00
-1.50 (-0.83%)
Nov 13, 2026, 1:30 PM CST

TPE:2428 Financials Overview

Millions TWD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
9,6578,0357,5207,0777,4637,500
Revenue Growth
19.78%6.85%6.25%-5.17%-0.50%26.69%
Gross Profit
3,5273,2262,9802,7442,6333,239
Operating Income
2,1682,0121,7741,5921,4002,125
Net Income
1,8521,5061,5511,3081,3741,577
Earnings Per Share
14.4011.7112.0510.1710.6612.25
EPS Growth
24.97%-2.82%18.49%-4.60%-12.98%13.64%

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
The Company
3,8483,5623,1733,6193,776
Thinking(Changzhou) Electronic Co.,Ltd.
3,2622,9412,9223,1993,119
Other
212.67186.631,2952,0154,627
Xingqin Yichang
1,5871,378---
Adjustment and Write-Off
-7,064-6,665-5,018-5,377-6,129
Dongguan Welkin Electronic Co (INCLUDING Weiqin Xingjing)
5,0504,9923,8753,610-
Jiangxi Thinking
1,1381,125830.85--
Total
8,0357,5207,0777,4637,500

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,9375,7374,6934,0304,5764,472
Total Debt
1,9691,5291,3941,2891,8721,550
Net Cash (Debt)
4,9694,2083,2982,7412,7052,922
Net Cash Growth
56.72%27.57%20.33%1.35%-7.43%-10.82%
Net Cash Per Share
38.6232.7225.6321.3121.0022.69

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,6002,0331,7892,1291,8681,574
Capital Expenditures
-512.9-501.69-470.84-862.48-874.19-852.86
Free Cash Flow
1,0871,5321,3181,266993.91721.22
Free Cash Flow Growth
-23.31%16.20%4.10%27.39%37.81%-25.99%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
36.53%40.15%39.63%38.77%35.28%43.19%
Operating Margin
22.45%25.05%23.59%22.50%18.76%28.33%
Pretax Margin
25.79%26.80%27.46%24.34%24.07%28.79%
Profit Margin
19.18%18.74%20.62%18.48%18.41%21.03%
FCF Margin
11.26%19.06%17.53%17.89%13.32%9.62%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '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
-3.28%-3.28%17.31%-3.70%-14.29%14.54%
Dividend Yield
3.28%3.38%4.03%3.09%4.35%4.00%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
12.5014.8412.5216.4611.5612.79
Forward PE
-13.2413.2411.1411.0511.51
P/FCF Ratio
21.2114.6014.7317.0015.9827.98
PS Ratio
2.392.782.583.042.132.69