1. Taiwan, Province of China Stocks

  2. •

    Technology

  3. •

    Computer Hardware
IBASE Technology Inc.

IBASE Technology Inc.

8050.TWO
IBASE Technology Inc.TW flagTaipei Exchange
57.10
TWD
-2.20
- -
11.37BMarket Cap
IBASE Technology Inc.
8050.TWO
(Taipei Exchange)

Recent

price

57.10

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
23.67
27.48
28.84
26.3
34.29
36.68
41.26
37.43
32.96
31.88
35.56
49.07
56.22
43.74
35.71
36.6
40.7
Revenue per Share
2.49
3.04
3.03
2.33
3.59
4.13
5.12
2.56
2.58
2.12
0.74
2.69
9.42
5.22
4.06
1.44
1.98
Basic EPS, GAAP
0.32
-2.64
2.44
3.46
0.96
4.03
5.7
0.3
-1.16
-6.41
-9.99
1.93
-10.04
4.8
-1.32
0.11
-3.26
Free Cash Flow per Basic Share
1.67
2.21
1.1
0.04
2.2
0.44
2.02
1.91
2.99
2.85
2.19
1.19
2.34
4.92
4.34
3.05
- -
Dividend per Share
13.28
11.59
13.84
15.88
14.45
17.75
21.39
20.74
25.34
23.99
22.58
25.17
32.48
29.08
26.94
24.66
23.81
Book Value per Share
16.44
16.19
20.45
20.88
20.66
23.8
29.22
27.48
45.55
43.65
48.69
49.32
60.66
62.18
58.59
53.86
52.63
Tangible Book Value per Share
90
88
93
105
110
116
117
119
119
120
119
116
121
137
145
146
146
Basic Weighted Avg Shares
2,141
2,429
2,671
2,754
3,768
4,266
4,827
4,463
3,929
3,840
4,239
5,707
6,775
5,997
5,180
5,358
5,927
Sales/Revenue/Turnover
11.35
10.51
12.77
11.26
11.48
12.43
16.41
9.75
3.41
3.67
-0.9
3.23
14.77
8.18
3.41
0.74
3.43
Operating Margin (%)
29
28
31
35
43
54
61
63
68
117
120
148
177
217
252
243
250
Depreciation Expense
225
269
280
244
395
480
599
305
307
255
88
313
1,135
716
588
211
288
Net Income, GAAP
14.58
4.21
12.59
20.27
12.96
12.69
17.02
14.15
9.26
3.02
8.3
23.44
17.07
16.96
12.4
55.58
24.43
Effective Tax Rate (%)
10.5
11.06
10.49
8.85
10.48
11.25
12.4
6.83
7.82
6.65
2.09
5.48
16.75
11.94
11.36
3.93
4.86
Profit Margin (%)
874
806
1,030
1,215
1,037
1,543
1,923
1,671
1,551
680
3,303
2,469
3,538
3,700
3,481
2,220
1,988
Working Capital
102
386
213
136
1
136
- -
- -
24
232
2,961
1,700
2,902
2,237
2,212
1,591
1,459
LT Debt
1,488
1,516
1,983
2,274
2,372
2,868
3,531
3,358
5,508
5,340
5,882
5,816
7,408
8,629
8,604
7,981
7,760
Total Equity
12.71
13.12
13.3
9.98
13.7
14.61
18.2
9.53
2.33
2.01
-0.43
1.52
8.14
3.5
1.27
0.15
1.44
Return on Invested Capital (%)
17.02
19.02
17.72
12.65
17.33
18.18
17.75
7.01
7.22
5.77
2.46
6.15
15.15
9.91
8.46
5.38
6.98
Return on Capital (%)
19.56
24.13
24.31
16.56
24.3
26.29
26.21
12.25
11.18
8.64
3.17
11.12
33.18
18.12
14.9
5.61
8.09
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,305
1,338
1,355
LT Borrowings
2,133
2,225
1,397
LT Finance Leases
79
72
62
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
198
199
199
Market Capitalization
10,666
9,538
8,664

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
5,954
6,239
4,880
Cash, Cash Equivalents & STI
2,713
2,823
1,739
Accounts Receivable, Net
1,153
1,127
863
Inventories
1,826
1,996
1,852
Total Current Liabilities
2,473
3,246
2,892
Payables & Accruals
- -
- -
- -
ST Debt
1,305
1,338
1,355
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.45%
7.04%
-7.24%
Free Cash Flow
-117.43%
-230.11%
-108.2%
Net Income, GAAP
29.19%
79.55%
-64.16%
Sales/Revenue/Turnover
3.34%
6.33%
3.42%
Total Cash Common Dividend
54.25%
32.07%
-29.08%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,617
1,539
1,510
1,331
5,997
2024
986
1,316
1,423
1,455
5,180
2025
1,548
1,501
1,065
- -
5,358

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1.87
1.69
1.91
- -
5.22
2024
1.37
1.17
0.62
- -
4.06
2025
1.12
-0.64
- -
- -
1.44

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.92
2024
- -
- -
- -
- -
4.34
2025
- -
- -
- -
- -
3.05
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Business
IBASE Technology Inc. IBASE Technology Inc. (TPEx: 8050) designs, manufactures, and sells rugged industrial PCs and embedded computing platforms primarily from its headquarters in Taipei, Taiwan, where it was founded in 2000; the company operates three manufacturing sites in Taiwan with ISO 9001, ISO 13485, ISO 14001, and ISO 27001 certifications and serves global markets including AIoT, industrial automation, smart retail, networking and communication, intelligent transportation, and medical sectors. Core products comprise x86- and ARM/RISC-based industrial motherboards such as 3.5-inch, 2.5-inch, Mini-ITX, Pico-ITX, ATX, COM Express, and ETX CPU modules; embedded systems including single board computers and fanless edge AI computers like the award-winning AES100 expandable model with 14th/13th Gen Intel Core processors and NVIDIA GPU support and the compact ASB100-PI800 with Intel Atom x7433RE; panel PCs featuring all-in-one fanless, IP65 waterproof, stainless steel, and sunlight-readable designs; digital signage players such as 8K video wall, 4K, and outdoor waterproof media players; network appliances including uCPE/SD-WAN, 1U/2U rackmount, edge servers, desktop appliances, and network interface modules; RISC platforms with ARM-based SMARC modules, SBCs, edge systems, HMI, and signage players; and intelligent transportation solutions like EN50155/EN45545-certified railway computers, panel PCs, and e/E-Mark in-vehicle systems. IBASE provides comprehensive OEM/ODM/JDM services encompassing hardware and software design, manufacturing, validation, and after-sales support, tailoring solutions to customer specifications. Recent developments include winning the 2025 IoT Edge Computing Excellence Awards for the AES100 and ASB100-PI800 edge computers, strengthening its edge AI leadership; ongoing collaboration with Arrow Electronics for component procurement, technical co-design, and global supply chain support to accelerate edge computing deployments; and strategic partnerships such as with Qualcomm Technologies to showcase next-generation edge AI solutions, alongside expanded focus on Industry 4.0, IoT, and AI-driven innovations amid smart manufacturing trends.