Cincon Electronics Co., Ltd.

Cincon Electronics Co., Ltd.

TTPEX:3332
63.50
TWD
-0.10
(-0.16%)
3.95EPS
16.36P/E
3.11BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
23.58
24.35
23.73
22.2
24.26
24.58
22.46
21.87
25.12
35.57
29.04
27.78
33.18
35.88
Basic EPS, GAAP
3.52
3.07
2.49
2.26
3.85
2.73
1.86
2.54
2.2
4.56
2.98
2.18
3.53
3.95
Free Cash Flow per Basic Share
1.98
2.38
2.61
3.4
1.93
1.89
5.43
4.36
0.08
-1.12
-0.74
2.54
3.59
2.63
Dividend per Share
1.9
2.8
2.65
2.2
2
3
2.2
0.8
1
1
2.5
1.6
1.1
- -
Book Value per Share
27.18
28.56
28.72
27.88
28.28
28.33
27.49
28.34
28.84
34.22
34.39
36.56
38.21
39.29
Tangible Book Value per Share
27.15
28.53
28.68
27.85
28.26
28.29
27.45
28.28
28.75
33.84
33.92
36.01
37.84
38.98
Basic Weighted Avg Shares
48
48
48
48
48
48
48
48
48
48
48
48
48
48
Sales/Revenue/Turnover
1,134
1,171
1,143
1,068
1,167
1,183
1,080
1,052
1,209
1,711
1,397
1,336
1,596
1,725
Operating Margin (%)
15.25
13.77
11.69
11.01
15
12.69
9.45
9.7
8.24
14.71
10.4
5.41
10.17
8.87
Depreciation Expense
17
19
18
17
17
20
40
43
45
53
65
61
69
71
Net Income, GAAP
169
148
120
109
185
131
89
122
106
219
143
105
170
190
Effective Tax Rate (%)
10.79
19.53
20.48
15.56
11.35
20.17
20.66
13.86
16.11
19.4
22.77
17.92
14.8
12.99
Profit Margin (%)
14.94
12.6
10.49
10.17
15.88
11.1
8.27
11.62
8.77
12.81
10.26
7.84
10.65
11.01
Working Capital
1,081
1,141
1,082
1,044
1,051
1,059
1,034
1,051
1,063
1,211
1,034
1,103
1,187
1,226
LT Debt
- -
- -
- -
- -
- -
- -
- -
21
- -
75
56
38
19
9
Total Equity
1,307
1,374
1,381
1,341
1,361
1,363
1,322
1,363
1,387
1,646
1,654
1,759
1,838
1,890
Return on Invested Capital (%)
12.03
9.5
7.6
7.21
11.32
8.66
5.95
6.27
5.76
12.08
6.08
3.22
7.44
7.23
Return on Capital (%)
13.46
11
8.7
7.97
13.7
9.64
6.65
8.96
7.53
13.6
8.13
5.95
9.23
10.45
Return on Common Equity (%)
13.47
11.01
8.7
7.98
13.71
9.64
6.66
9.1
7.71
14.46
8.69
6.14
9.45
10.7

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
29
19
19
LT Borrowings
19
14
9
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
2,675
2,646
3,108

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,651
1,760
1,919
Cash, Cash Equivalents & STI
883
907
965
Accounts Receivable, Net
200
258
267
Inventories
537
562
647
Total Current Liabilities
464
500
694
Payables & Accruals
- -
- -
- -
ST Debt
29
19
19
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.06%
6.35%
4.52%
Free Cash Flow
-193.61%
-417.73%
41.05%
Net Income, GAAP
13.1%
18.83%
62.15%
Sales/Revenue/Turnover
4.6%
10.64%
19.44%
Total Cash Common Dividend
- -
- -
-31.25%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
339
344
302
351
1,336
2025
397
426
414
359
1,596
2026
475
477
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.82
0.53
0.39
0.44
2.18
2025
0.99
1.12
0.8
0.62
3.53
2026
1.38
1.15
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.6
2025
- -
- -
- -
- -
1.1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yun Hsiao Yen
Full Time Employees
501
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
No. 306, Xinyi Road Taipei TP Taiwan
IPO Date
Sep 13, 2004
Business
Cincon Electronics Co., Ltd. specializes in the design and production of switch mode power conversion technologies for a worldwide customer base spanning communications, computer, industrial, medical, consumer, and lighting sectors across Asia, Europe, and the Americas. The company's extensive product portfolio encompasses single and multiple output DC-DC converters, typically ranging from 1W to 750W. They also offer various AC-DC solutions, including adapters from 5W to 220W, open frame power supplies between 4W and 700W, and LED power supplies from 15W to 150W. Cincon is recognized for its ability to deliver both standard compliant offerings and customized power conversion products tailored to specific application requirements. Recently, the firm has expanded its advanced power solutions for Edge AI and Industrial PC applications, alongside significant developments in medical power supplies. Established in 1991, Cincon Electronics Co., Ltd. maintains its headquarters in Taipei, Taiwan.