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Zen Voce Corporation

Zen Voce Corporation

3581.TWO
Zen Voce CorporationTW flagTaipei Exchange
133.00
TWD
+3.00
- -
6.78BMarket Cap
Zen Voce Corporation
3581.TWO
(Taipei Exchange)

Recent

price

133.00

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
11.01
12.06
17.68
20.72
19.27
16.08
17.28
23.84
22.65
23.12
23.5
25.64
29.6
28.64
27.02
- -
30.8
Revenue per Share
-0.24
0.47
0.71
0.99
2.04
0.91
1.02
1.5
0.71
1.05
1.5
2.11
1.26
0.55
0.6
- -
0.81
Basic EPS, GAAP
-0.59
0.55
3.49
1.53
-2.64
2
0.97
-1.95
0.68
1.32
-0.49
1.1
1.01
2.01
-0.03
- -
-0.56
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.02
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9.82
10.25
10.42
10.1
12.53
11.94
12.07
12.52
11.87
11.98
12.63
13.54
13.59
13.48
13.55
- -
13.84
Book Value per Share
7.42
8.03
9.89
11.2
14.08
14.7
15.72
15.37
14.89
14.56
16.46
17.27
18.06
17.78
18.57
- -
19.45
Tangible Book Value per Share
57
57
57
53
46
51
51
51
51
51
51
51
51
51
51
- -
51
Basic Weighted Avg Shares
628
689
1,009
1,094
880
826
886
1,222
1,166
1,180
1,199
1,308
1,510
1,461
1,378
1,570
1,570
Sales/Revenue/Turnover
0.05
4.92
12.87
14.11
7.89
10.68
7.83
8.12
5.89
8.18
11.18
10.27
10.34
4.61
4.3
7.97
7.97
Operating Margin (%)
24
19
20
15
14
14
15
21
19
34
29
26
30
26
29
25
25
Depreciation Expense
-14
27
41
52
93
47
52
77
36
54
77
108
64
28
31
41
41
Net Income, GAAP
- -
19.81
35.11
38.41
16.56
29.05
22.91
4.5
21.63
16.35
26.08
18.05
34.96
33.77
31.96
28.41
28.41
Effective Tax Rate (%)
-2.17
3.93
4.02
4.79
10.56
5.65
5.89
6.29
3.11
4.55
6.39
8.23
4.25
1.91
2.24
2.62
2.62
Profit Margin (%)
314
308
395
407
483
591
636
610
657
551
679
712
658
663
703
787
787
Working Capital
59
40
16
7
24
18
89
80
73
69
54
45
32
26
12
1
1
LT Debt
578
609
651
591
643
755
900
884
864
841
896
937
977
978
1,015
1,056
1,056
Total Equity
- -
3.45
10.64
13.14
7.87
7.75
5.17
7.51
4.22
6.36
7.56
7.92
6.93
2.95
2.7
6.1
6.1
Return on Invested Capital (%)
- -
3.96
5.77
8.14
14.35
6.83
5.46
5.67
2.1
3.66
3.59
7.53
3.35
0.19
-0.28
0.11
0.11
Return on Capital (%)
-2.51
4.73
6.89
9.3
16.82
7.87
8.47
12.2
5.79
8.79
12.2
16.13
9.27
4.04
4.47
5.88
5.88
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
374
375
383
LT Borrowings
4
2
- -
LT Finance Leases
- -
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
51
Market Capitalization
1,682
2,319
3,710

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1,602
1,688
1,721
Cash, Cash Equivalents & STI
680
676
705
Accounts Receivable, Net
278
365
392
Inventories
584
576
524
Total Current Liabilities
897
931
935
Payables & Accruals
- -
- -
- -
ST Debt
374
375
383
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.58%
3.35%
4.11%
Free Cash Flow
101.58%
309.77%
1,885.83%
Net Income, GAAP
8.44%
-2.54%
33.2%
Sales/Revenue/Turnover
7.3%
5.91%
13.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
385
341
372
362
1,461
2024
326
349
350
353
1,378
2025
357
299
414
500
1,570

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.28
0.02
0.22
- -
0.55
2024
0.04
0.14
-0.18
- -
0.6
2025
-0.23
-0.37
0.73
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Zen Voce Corporation manufactures and sells semiconductor assembly and testing equipment in Taiwan and internationally. The company designs and manufactures IC packaging machines and bumping products; wafer cutting and cleaning machines; board cutting and cleaning machines; wafer test probe card PCBs; IC test HIFIX and CHANG kits; SOCKET IC test products; IC handlers; and SOCKET IC burn-in test products. It also acts as an agent for semiconductor burn-in test connectors, micro-electromechanical (MEMS) equipment, solar equipment, and LCD inspection equipment, while providing comprehensive technical services to customers in the semiconductor, optoelectronic, microelectronics, and LCD equipment industries. Founded in 1999 and headquartered in Hsinchu, Taiwan, the company, formerly known as Trutek Cooperation, went public in 2007 and primarily serves domestic and overseas markets including America, Mainland China, and Singapore. No major acquisitions, partnerships, funding rounds, or strategic expansions have been reported in the last one to two years.