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Asia Optical Co., Inc.

Asia Optical Co., Inc.

3019.TW
Asia Optical Co., Inc.TW flagTaiwan Stock Exchange
143.50
TWD
-1.50
- -
40.07BMarket Cap
Asia Optical Co., Inc.
3019.TW
(Taiwan Stock Exchange)

Recent

price

143.50

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
93.23
86.97
73.54
63.89
63.01
64.97
63.82
66.48
67.89
64.46
56.07
74.63
67.97
63.85
82.54
- -
94.63
Revenue per Share
-3.76
-7.39
-0.78
-3.05
-1.19
0.37
1.2
2.21
3.89
3.41
1.41
5.34
3.29
2.78
5.79
- -
6.6
Basic EPS, GAAP
-9.24
-4.06
-4.05
-1.17
0.25
6.8
10.72
7.28
7.17
5.69
6.52
3.17
6.76
5.97
10.43
- -
3.54
Free Cash Flow per Basic Share
- -
- -
- -
- -
1.1
1.33
1.89
1
1.6
2.3
2
1
3.71
1.9
1.8
- -
- -
Dividend per Share
27.58
17.75
16.78
18.86
12.12
12.01
13.09
14.13
14.73
16.27
14.29
18.17
15.19
18.52
22.02
- -
25.3
Book Value per Share
52.66
48.14
45.13
57.25
57.23
55.89
55.08
53.91
56.4
55.29
53.09
56.28
52.1
52.82
61.69
- -
62.11
Tangible Book Value per Share
266
279
281
281
281
281
281
281
281
281
281
281
281
279
279
- -
279
Basic Weighted Avg Shares
24,798
24,283
20,669
17,955
17,709
18,261
17,938
18,687
19,083
18,118
15,760
20,977
19,077
17,830
23,047
26,446
26,446
Sales/Revenue/Turnover
-3.09
-8.1
-1.32
-0.95
-0.8
1.98
5.87
6.65
8.48
8.05
6.21
9.82
7.29
5.16
7.63
8.58
8.58
Operating Margin (%)
1,281
1,256
1,320
1,386
1,413
1,239
1,059
889
840
730
662
572
554
584
711
767
767
Depreciation Expense
-999
-2,063
-220
-857
-334
104
337
620
1,093
959
397
1,501
924
777
1,616
1,843
1,843
Net Income, GAAP
- -
- -
- -
- -
- -
34.1
17.86
17.11
20.08
18.41
25.25
10.24
21.65
17.6
18.4
20.45
20.45
Effective Tax Rate (%)
-4.03
-8.49
-1.06
-4.77
-1.89
0.57
1.88
3.32
5.73
5.29
2.52
7.15
4.85
4.36
7.01
6.97
6.97
Profit Margin (%)
6,083
6,167
6,218
7,381
9,022
10,113
10,230
10,741
11,830
11,878
11,436
12,531
11,415
11,476
13,823
13,744
13,744
Working Capital
680
1,920
2,144
- -
429
438
- -
- -
- -
28
19
43
26
16
25
31
31
LT Debt
14,188
13,474
12,723
16,120
16,118
15,743
15,514
15,183
15,882
15,572
14,959
15,892
14,698
14,828
17,287
17,408
17,408
Total Equity
- -
- -
- -
- -
- -
1.32
5.13
6.51
8.2
7.44
4.72
11.84
6.98
5
8.71
10.16
10.16
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-0.23
-2.72
3.69
8.44
6.83
2.29
13.48
6.51
6.63
14.78
16.65
16.65
Return on Capital (%)
-12.85
-33.56
-4.55
-17.12
-7.67
3.08
9.56
16.21
26.94
22.01
9.24
32.9
19.73
16.47
28.55
27.89
27.89
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
21
20
30
LT Borrowings
- -
- -
- -
LT Finance Leases
19
15
31
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
279
279
279
Market Capitalization
38,219
44,294
38,845

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
21,498
22,853
23,388
Cash, Cash Equivalents & STI
11,805
11,306
12,303
Accounts Receivable, Net
5,260
5,972
5,452
Inventories
4,195
5,303
5,364
Total Current Liabilities
9,659
9,848
9,644
Payables & Accruals
- -
- -
- -
ST Debt
21
20
30
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.2%
3.38%
0.7%
Free Cash Flow
7.6%
11.59%
-66.09%
Net Income, GAAP
65.79%
69.17%
14.07%
Sales/Revenue/Turnover
4.79%
12.3%
14.74%
Total Cash Common Dividend
37.4%
57.6%
122.22%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3,836
4,451
4,715
4,828
17,830
2024
4,288
5,614
6,828
6,317
23,047
2025
5,409
6,908
7,153
6,976
26,446

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.07
1.07
0.65
- -
2.78
2024
0.4
1.59
2.46
- -
5.79
2025
0.79
2.86
1.86
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.9
2024
- -
- -
- -
- -
1.8
2025
- -
- -
- -
- -
- -
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Business
Asia Optical Co., Inc. (3019.TW) manufactures and sells optical components, lenses, and optoelectronic products primarily for consumer electronics, automotive, sports optics, and industrial applications. The company produces precision glass molding aspherical lenses, glass spherical lenses, plastic lenses, prisms, and precision coating components; compact, digital single-lens reflex (DSC), projector, mobile phone, automotive, and 10x folded zoom lenses; 3D LiDAR modules for advanced driver-assistance systems (ADAS), robotics, security, and autonomous guided vehicles (AGVs); laser rangefinders, riflescopes, and binoculars; digital still cameras with 4K ultra-HD capabilities; pico projector engines; fiber-optic products; contact image sensor modules; and AR/VR lens modules, alongside tooling, plastic injection molding, precision stamping, and consumer electronics such as Crosszone headphones. Founded in 1980 and headquartered in Taichung, Taiwan, Asia Optical operates production facilities in Taiwan, Shenzhen, Dongguan, Shanghai, Tokyo, the Philippines, and Myanmar, serving international markets including automotive, consumer electronics, and defense sectors with approximately 19,859 employees. Recent developments include a strategic investment and collaboration with Myrias Optics, Inc. in 2023 to advance metalens technology via nanoimprint lithography for AR/VR and smartphone applications; a January 2024 share subscription agreement and partnership with LG Innotek through subsidiary AOE Optronics to co-develop high-performance lenses for autonomous driving cameras and XR devices; ongoing expansion of manufacturing in the Philippines; and strong revenue growth of 29% to NT$23.047 billion in 2024, with double-digit growth projected for 2025 driven by automotive lenses, folded zoom modules, 3D LiDAR, and AR/VR products.