1. Taiwan, Province of China Stocks

  2. •

    Technology

  3. •

    Computer Hardware
Chicony Electronics Co., Ltd.

Chicony Electronics Co., Ltd.

2385.TW
Chicony Electronics Co., Ltd.TW flagTaiwan Stock Exchange
145.50
TWD
+2.00
- -
105.88BMarket Cap
Chicony Electronics Co., Ltd.
2385.TW
(Taiwan Stock Exchange)

Recent

price

145.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
93.66
93.34
102.55
112.2
119.76
119.58
113.15
114.4
126.78
133.92
135.61
152.05
162.28
136.32
139.47
- -
131.54
Revenue per Share
5.66
6.39
5.82
5.69
6.1
5.58
5.19
5.89
5.22
8.45
7.8
8.71
10.26
10.35
12.43
- -
9.05
Basic EPS, GAAP
1.9
0.12
5.8
6.76
4.6
8.04
7.8
5.71
6.18
11.59
7.05
1.53
20.45
21.53
11.71
- -
5.42
Free Cash Flow per Basic Share
2.98
3.58
3.7
3.95
4.47
4.54
4.21
4.21
4.44
3.8
5.91
5.51
6.11
7.51
7.8
- -
- -
Dividend per Share
18.49
20.39
21.52
27.01
23.01
23.04
22.29
23.93
22.9
24.19
24.33
24.66
27.48
30.91
34.13
- -
34.25
Book Value per Share
23.3
27.78
28.24
36.33
38.24
38.32
41.53
41.02
40.6
45.94
46.45
50.81
59.23
63.9
74.25
- -
71.61
Tangible Book Value per Share
645
650
658
664
669
675
681
683
688
691
701
707
713
721
728
- -
727
Basic Weighted Avg Shares
60,437
60,686
67,510
74,539
80,111
80,663
77,018
78,156
87,260
92,552
95,082
107,474
115,748
98,323
101,478
95,661
95,661
Sales/Revenue/Turnover
5.2
3.52
5.94
5.71
5.84
5.71
6.53
5.85
5.5
6.73
8.06
8.05
9.02
9.61
10.13
8.35
8.35
Operating Margin (%)
1,193
1,583
1,299
1,770
2,007
2,109
2,088
2,049
2,132
2,326
2,510
2,960
3,192
3,033
2,816
2,624
2,624
Depreciation Expense
3,650
4,156
3,831
3,782
4,081
3,761
3,531
4,022
3,591
5,839
5,467
6,154
7,320
7,464
9,045
6,585
6,585
Net Income, GAAP
13.79
14.58
15.96
17.12
16.95
15.83
19.6
20
20.98
16.93
20.08
19.88
19.48
20.17
19.49
16.11
16.11
Effective Tax Rate (%)
6.04
6.85
5.68
5.07
5.09
4.66
4.58
5.15
4.11
6.31
5.75
5.73
6.32
7.59
8.91
6.88
6.88
Profit Margin (%)
8,213
6,749
9,992
10,329
8,063
6,195
6,758
6,597
7,240
8,938
9,754
12,976
18,641
21,617
28,524
25,375
25,375
Working Capital
4,102
2,160
4,844
924
500
2,390
2,352
1,831
1,006
466
339
273
181
107
221
191
191
LT Debt
15,257
18,170
18,720
24,303
25,827
26,114
28,525
28,275
28,182
31,894
32,672
36,034
42,340
46,214
54,210
52,286
52,286
Total Equity
12.9
7.54
12.95
13.21
13.72
12.57
12.18
10.41
10.5
14.6
17.53
18.18
18.72
15.12
14.37
10.41
10.41
Return on Invested Capital (%)
19.3
19.61
16.47
15.37
15.9
13.89
11.67
12.79
12.41
20.17
19.47
20.1
21.04
19.9
21.23
13.85
13.85
Return on Capital (%)
32.47
33
27.94
23.56
24.49
24.32
22.99
25.52
22.37
35.96
32.37
35.69
39.54
35.63
38.38
26.48
26.48
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
3,110
9,448
8,860
LT Borrowings
167
159
151
LT Finance Leases
66
52
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
695
695
695
Market Capitalization
94,621
100,358
85,086

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
68,395
73,122
73,394
Cash, Cash Equivalents & STI
26,077
25,553
28,149
Accounts Receivable, Net
21,717
24,597
22,282
Inventories
14,711
16,662
16,465
Total Current Liabilities
48,730
50,561
48,019
Payables & Accruals
- -
- -
- -
ST Debt
3,110
9,448
8,860
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.43%
10.14%
-3.55%
Free Cash Flow
111.22%
216.36%
-53.72%
Net Income, GAAP
8.08%
5.5%
-27.2%
Sales/Revenue/Turnover
2.06%
0.63%
-5.73%
Total Cash Common Dividend
10.72%
12.64%
28.21%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
22,722
25,363
25,809
24,429
98,323
2024
22,846
24,674
27,721
26,237
101,478
2025
23,281
24,494
24,808
23,077
95,661

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2.05
2.5
2.93
- -
10.35
2024
2.42
3.4
3.29
- -
12.43
2025
2.19
2.96
2.87
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7.51
2024
- -
- -
- -
- -
7.8
2025
- -
- -
- -
- -
- -
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Business
Chicony Electronics Co., Ltd. manufactures and sells a broad range of electronic parts and computer peripherals with a product portfolio that includes input devices such as ergonomic keyboards, wired entry keyboards, wired multimedia keyboards, 2.4G wireless combo keyboards, Bluetooth keyboards, smart card keyboards, and mobile keyboards; video image products including Internet cameras, notebook cameras, action cams, dash cams, outdoor IP cams, wearable cams, porch IP cams, and camera modules; as well as automotive electronics comprising image systems and LED lighting products. The company also produces switching power supplies and electronic parts, alongside researching, manufacturing, and selling DSL bridges and routers. Chicony operates manufacturing bases in Taiwan, including its headquarters in Taipei, and extends production into China (Suzhou, Dongguan, Chongqing), Thailand, and the Czech Republic, with additional branches in the United States and Japan. Founded in 1983, Chicony serves global customers primarily in the computer hardware and automotive sectors. In recent years, Chicony has strategically expanded its manufacturing capacity in Thailand to mitigate tariff risks, with Thailand contributions to revenue growing to approximately 21% in 2024 and expected to reach 25%-30% in 2025. The company completed integration of Leroad Special Vehicles' manufacturing business in October 2024, further expanding its automotive electronics segment. In 2024, Chicony posted record high revenues exceeding NT$100 billion (approximately US$3.05 billion), driven by an enhanced product mix focused on high-value product lines, achieving gross margins above 20%, operating margins over 10%, and net profit margins near 9%, marking significant profitability growth. The company maintains a balanced and diversified product portfolio securing resources for top-tier global customers and continues to invest in product innovation and operational expansions to reinforce its competitive positioning.