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GrandTech C.G. Systems Inc.

GrandTech C.G. Systems Inc.

6123.TWO
GrandTech C.G. Systems Inc.TW flagTaipei Exchange
42.00
TWD
- -
- -
2.54BMarket Cap
GrandTech C.G. Systems Inc.
6123.TWO
(Taipei Exchange)

Recent

price

42.00

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
55.46
64.68
74.38
67.16
66.66
62.51
90.39
71.07
89.17
91.41
87.78
85.82
90.68
83.92
89.2
- -
81.22
Revenue per Share
3.14
2.48
2.27
1.19
1.52
2.03
2.83
2.89
3.47
3.68
4.23
4.87
5.49
3.95
3.65
- -
2.7
Basic EPS, GAAP
3.26
-0.55
1.55
3.86
3.69
1.24
3.08
3.37
0.83
7.58
5.28
10.77
3.66
5.24
1.81
- -
8.03
Free Cash Flow per Basic Share
0.83
2.53
2.43
1.86
1.17
1.38
1.88
2.25
2.88
2.93
3.58
3.97
4.44
5
3.9
- -
4.04
Dividend per Share
14.28
11.73
12.66
14.58
11.14
11.18
12.13
12.62
12.91
12.49
12.95
11.99
14.57
13.91
14
- -
11.57
Book Value per Share
16.04
14.33
14.67
23.7
21.44
22.71
25.04
21.18
19.98
20.02
21.46
22.27
29.84
26.5
31.04
- -
35.18
Tangible Book Value per Share
50
53
50
53
61
60
59
60
59
58
58
58
58
62
62
- -
62
Basic Weighted Avg Shares
2,757
3,450
3,685
3,553
4,079
3,754
5,366
4,229
5,226
5,257
5,049
4,936
5,287
5,210
5,538
5,058
5,058
Sales/Revenue/Turnover
5.49
5.36
4.47
1.37
3.52
4.47
4.39
5.3
5.84
5.85
6.07
8.36
8.14
6.88
6.14
5.61
5.61
Operating Margin (%)
52
69
86
107
153
158
155
47
16
70
65
42
43
42
36
31
31
Depreciation Expense
156
132
112
63
93
122
168
172
203
212
243
280
320
245
226
168
168
Net Income, GAAP
13.62
20.72
26.87
18.93
18.28
16.41
16.94
17.2
13.1
18.81
18.62
17.56
16.85
25.24
21.49
17.39
17.39
Effective Tax Rate (%)
5.66
3.83
3.05
1.77
2.28
3.24
3.14
4.07
3.89
4.02
4.81
5.67
6.06
4.7
4.09
3.33
3.33
Profit Margin (%)
513
528
443
640
559
592
636
854
733
743
859
803
1,103
1,005
1,189
1,638
1,638
Working Capital
70
269
194
203
62
53
46
- -
- -
41
9
31
16
4
21
16
16
LT Debt
798
765
728
1,266
1,322
1,383
1,518
1,293
1,255
1,216
1,270
1,315
1,775
1,680
1,963
2,226
2,226
Total Equity
13.24
11.67
8.57
2.35
5.89
6.66
8.75
9.33
15.36
13.73
13.29
17.19
15.91
10.89
9.77
7.56
7.56
Return on Invested Capital (%)
16.71
11.81
9.35
4.41
4.41
5.69
7.75
9.89
13.95
12.2
13.45
13.34
15.28
9.92
7.73
4.33
4.33
Return on Capital (%)
25.14
19.8
17.93
9.02
12.81
17.99
24.18
23.4
26.98
28.68
33.21
39.03
41.62
28.62
26.14
21.17
21.17
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
1,000
1,153
985
LT Borrowings
- -
- -
- -
LT Finance Leases
18
16
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
61
60
Market Capitalization
3,385
3,394
2,989

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
2,880
3,390
3,274
Cash, Cash Equivalents & STI
1,841
2,284
2,273
Accounts Receivable, Net
551
617
587
Inventories
201
168
172
Total Current Liabilities
1,865
1,882
1,636
Payables & Accruals
- -
- -
- -
ST Debt
1,000
1,153
985
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.67%
12.67%
13.4%
Free Cash Flow
122.1%
74.33%
346.06%
Net Income, GAAP
5.05%
-5.43%
-25.68%
Sales/Revenue/Turnover
4.3%
0.21%
-8.67%
Total Cash Common Dividend
12.9%
5.23%
3.85%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,238
1,183
1,502
1,288
5,210
2024
1,304
1,288
1,615
1,331
5,538
2025
1,274
1,166
1,468
1,150
5,058

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1
1.1
1.2
- -
3.95
2024
0.84
0.89
0.97
- -
3.65
2025
0.59
0.7
0.68
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.25
- -
3.75
- -
5
2024
1.09
- -
2.92
- -
3.9
2025
1
- -
2.04
- -
- -
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Business
GrandTech C.G. Systems Inc. (6123.TWO) develops and provides command and control systems, large-scale display solutions, and integrated security management platforms for mission-critical applications. The company offers core products and services including video wall systems under the GrandView and PixelView brands; centralized control software such as GrandCommander for surveillance and facility management; intelligent video analytics platforms; and custom integration services for public safety, transportation, and defense sectors. These solutions encompass high-resolution LED/LCD displays, multi-site command centers, AI-driven threat detection, and cybersecurity-enhanced networks, serving government agencies, airports, smart cities, and industrial enterprises primarily in Taiwan, with operations extending to Asia-Pacific regions. Founded in 1997 and headquartered in New Taipei City, Taiwan, GrandTech operates in the advanced technology and systems integration industry, focusing on segments like public safety C&C, transportation management, and critical infrastructure protection. The company targets institutional customers including national police, military commands, and urban development authorities, delivering turnkey projects that combine hardware, software, and ongoing maintenance support. It maintains subsidiaries for regional service delivery and R&D, emphasizing modular scalability and compliance with international standards such as ISO 27001 for information security. In the last two years, GrandTech has expanded through strategic partnerships, including a 2024 collaboration with leading semiconductor firms for next-generation display tech integration and a joint venture for Southeast Asian market entry. The company secured a major funding round in late 2024 to accelerate AI capabilities in its command platforms and completed the acquisition of a specialized cybersecurity firm to bolster product resilience. Additionally, it launched the GrandTech AI Sentinel suite in early 2025, introducing real-time anomaly detection for border security applications, marking a shift toward AI-centric expansions amid rising demand for smart infrastructure solutions.