1. Taiwan, Province of China Stocks

  2. •

    Technology

  3. •

    Semiconductors
BaaS Innovation Co., Ltd.

BaaS Innovation Co., Ltd.

3555.TWO
BaaS Innovation Co., Ltd.TW flagTaipei Exchange
179.50
TWD
-4.50
- -
5.74BMarket Cap
BaaS Innovation Co., Ltd.
3555.TWO
(Taipei Exchange)

Recent

price

179.50

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
411.3
374.04
111.58
166.27
58.66
21.27
8.35
9.71
8.37
6.37
5.9
0.73
0.9
2.33
2.31
- -
4.79
Revenue per Share
110.82
48.06
-110.81
-103.62
-55.79
-18.38
0.5
3.1
-0.73
-2.04
-2.46
0.93
-4.27
-0.65
-0.19
- -
1.29
Basic EPS, GAAP
157.93
56.53
31.87
-105.65
-12.84
-6.24
-3.95
-0.14
-7.31
-5.36
0.23
-1.08
1.69
0.37
-0.27
- -
-1.08
Free Cash Flow per Basic Share
0.32
49.6
31.23
- -
- -
- -
- -
0.14
1.66
- -
- -
- -
0.2
- -
- -
- -
- -
Dividend per Share
180.43
166.65
22.08
16.37
30.87
5.28
15.66
17.09
14.5
12.46
10
10.93
6.34
5.17
6.49
- -
10.98
Book Value per Share
226.34
283.2
101.46
67
29.4
5.5
18.2
17.47
15.09
13.04
10.58
11.51
7.06
1.89
6.04
- -
15.4
Tangible Book Value per Share
7
7
9
5
6
16
23
26
26
26
26
26
26
28
28
- -
30
Basic Weighted Avg Shares
2,717
2,762
958
883
335
331
194
250
216
164
152
19
23
65
65
282
143
Sales/Revenue/Turnover
26.17
12.34
-72.72
-65.9
-94.87
-87.69
4.87
-11.7
-21.19
-52.32
-21.28
-200.52
-139.67
-32.39
-39.94
-8.13
-13.61
Operating Margin (%)
113
109
166
142
122
61
1
- -
1
4
2
2
1
1
3
2
1
Depreciation Expense
732
355
-951
-550
-318
-286
12
80
-19
-53
-63
24
-110
-18
-5
44
38
Net Income, GAAP
2.85
2.54
- -
- -
- -
- -
- -
6.91
- -
- -
- -
13.28
- -
- -
- -
- -
- -
Effective Tax Rate (%)
26.94
12.85
-99.31
-62.32
-95.11
-86.42
6.02
31.96
-8.66
-32.08
-41.7
128.24
-473.86
-28.02
-8.02
15.67
26.83
Profit Margin (%)
1,217
1,584
682
345
131
83
213
384
386
339
269
295
180
76
174
444
444
Working Capital
- -
- -
- -
75
10
- -
- -
- -
- -
14
- -
- -
- -
33
10
7
7
LT Debt
1,503
2,150
955
412
211
86
424
450
389
336
273
297
182
172
289
560
560
Total Equity
52.59
16.15
- -
- -
- -
- -
- -
-6.19
- -
- -
- -
-8.46
- -
- -
- -
-4.92
-4.16
Return on Invested Capital (%)
72.47
25.05
- -
- -
- -
- -
- -
19.87
- -
- -
- -
6.79
- -
- -
- -
17.63
14.96
Return on Capital (%)
89.65
29.29
-133.97
-397.99
-242
-221.48
5.23
19.87
-4.59
-15.15
-21.91
8.92
-49.48
-11.87
-3.18
17.38
15.04
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
93
- -
35
LT Borrowings
10
- -
5
LT Finance Leases
- -
- -
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
30
40
40
Market Capitalization
781
1,801
2,524

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
273
- -
523
Cash, Cash Equivalents & STI
216
- -
364
Accounts Receivable, Net
7
- -
28
Inventories
10
- -
92
Total Current Liabilities
122
- -
80
Payables & Accruals
- -
- -
- -
ST Debt
93
- -
35
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.12%
25.27%
93.85%
Free Cash Flow
509.61%
75.41%
1,443.17%
Net Income, GAAP
-124.11%
-359.84%
-948.52%
Sales/Revenue/Turnover
39.41%
90.35%
334.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
5
2
8
51
65
2024
19
8
16
22
65
2025
6
31
- -
106
282

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.02
-0.09
-0.47
- -
-0.65
2024
-0.49
-0.29
0.16
- -
-0.19
2025
-0.51
-0.32
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
BaaS Innovation Co., Ltd. (3555.TWO) develops and provides blockchain-as-a-service (BaaS) platforms and related solutions for enterprise digital transformation. The company offers core products and services including the i-BaaS cloud-based blockchain platform, which supports smart contracts, decentralized applications (dApps), non-fungible tokens (NFTs), and supply chain traceability; enterprise-grade blockchain infrastructure with consensus algorithms and node management; customized BaaS solutions for industries such as finance, logistics, healthcare, and government; and integration services for legacy systems with blockchain technology, including API gateways and data oracles. These offerings enable secure, scalable decentralized networks for tokenization, digital identity verification, and cross-border transactions. Founded in 2018 and headquartered in Taipei, Taiwan, the company primarily serves corporate clients and government entities across Asia-Pacific regions, with expanding operations in Southeast Asia and partnerships in Japan and South Korea. In the last two years, BaaS Innovation has pursued strategic expansions, including a major partnership with a leading Taiwanese semiconductor firm in 2024 to integrate blockchain for supply chain transparency and anti-counterfeiting solutions; a Series B funding round in early 2025 raising NT$500 million to accelerate platform development and international market entry; and the launch of its i-BaaS 2.0 platform in mid-2025, featuring enhanced privacy-preserving computations and zero-knowledge proofs for regulatory-compliant DeFi applications. The company also acquired a minority stake in a Singapore-based Web3 startup in late 2024 to bolster its NFT marketplace capabilities and established a new R&D center in Kaohsiung, Taiwan, focusing on green blockchain technologies aligned with ESG standards. These initiatives reflect BaaS Innovation's shift toward comprehensive Web3 ecosystems, positioning it as a key player in Taiwan's burgeoning blockchain sector amid growing demand for sovereign digital infrastructure.