ADO Optronic Corp.

ADO Optronic Corp.

TTPEX:3516
24.45
TWD
-0.25
(-1.01%)
0.74EPS
41.85P/E
1.73BMarket Cap
ADO Optronic Corp.
TPEX:3516
(Taipei Exchange)

Recent

price

24.45

P/E

ratio

41.85

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
24.43
16.41
12.18
16.52
9.91
9.48
13.62
13.24
11.98
11.65
12.89
19.78
17.67
19.42
22.23
17.6
19.9
Revenue per Share
-0.67
-2.54
-3.64
-1.46
-2.58
-0.62
-3.16
0.22
-0.98
0.04
0.33
0.8
1.02
0.28
0.36
0.27
0.69
Basic EPS, GAAP
1.88
0.59
-2.02
0.44
-1.22
0.15
0.01
-1.63
0.95
0.79
-0.71
-0.03
1.64
-0.34
0.33
-7.16
-7.93
Free Cash Flow per Basic Share
0.46
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.19
0.19
0.19
0.02
0.25
- -
Dividend per Share
28.12
27.59
22.89
22.33
20.22
21.47
18.26
23.96
22.68
22.27
23.58
23.7
24.61
24.45
25.88
25.42
26.22
Book Value per Share
27.88
27.56
22.88
21.92
20.2
21.46
18.26
23.94
22.61
22.2
23.5
23.62
24.53
24.33
25.79
25.36
26.16
Tangible Book Value per Share
82
82
81
79
79
76
56
56
56
55
54
54
54
54
55
60
59
Basic Weighted Avg Shares
1,997
1,342
989
1,311
785
725
761
739
669
645
701
1,076
961
1,040
1,219
1,049
1,172
Sales/Revenue/Turnover
-2.97
-11.96
-20.74
-14.41
-30.52
-22.08
-11.85
-3.86
-14.69
-7.44
-1.95
0.63
-0.06
-4.4
-2.29
-5.16
- -
Operating Margin (%)
197
179
171
78
84
83
60
25
26
29
32
39
70
101
98
101
98
Depreciation Expense
-55
-208
-296
-116
-204
-48
-176
12
-55
2
18
44
56
15
19
16
41
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
0.49
- -
63.57
1.15
10.75
27.14
33.47
21.89
78.91
24.14
Effective Tax Rate (%)
-2.73
-15.48
-29.92
-8.85
-26.05
-6.59
-23.18
1.68
-8.18
0.35
2.54
4.06
5.78
1.42
1.6
1.56
3.48
Profit Margin (%)
859
905
816
763
651
711
656
656
607
527
568
524
565
553
926
464
261
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
37
35
32
391
363
697
766
737
LT Debt
2,321
2,255
1,872
1,825
1,653
1,595
1,357
1,338
1,272
1,218
1,289
1,296
1,431
1,426
1,643
1,641
1,699
Total Equity
- -
- -
- -
- -
- -
- -
- -
-1.91
- -
-1.22
-0.89
0.22
0.14
-1.45
-1
-0.46
0.01
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
0.98
- -
0.21
1.38
2.94
2.94
1.2
1.17
1.37
1.7
Return on Capital (%)
-2.22
-9.08
-14.33
-6.28
-11.75
-2.94
-11.95
0.92
-4.2
0.18
1.43
3.39
4.23
1.11
1.36
1.07
2.71
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
110
156
218
LT Borrowings
755
742
728
LT Finance Leases
11
10
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
1,191
1,060
1,727

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
879
745
767
Cash, Cash Equivalents & STI
286
247
276
Accounts Receivable, Net
340
268
258
Inventories
209
188
194
Total Current Liabilities
415
346
507
Payables & Accruals
- -
- -
- -
ST Debt
110
156
218
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.6%
5.14%
-0.11%
Free Cash Flow
-2,343.49%
-1,797.5%
-2,449.45%
Net Income, GAAP
32.53%
23.04%
-15.89%
Sales/Revenue/Turnover
5.19%
10.83%
-14%
Total Cash Common Dividend
- -
- -
1,315.4%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
324
289
266
339
1,219
2025
221
224
249
355
1,049
2026
291
277
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
0.05
0.12
0.11
0.36
2025
0.06
-0.04
- -
0.25
0.27
2026
0.08
0.36
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
- -
Business
ADO Optronics Corporation engages in the manufacturing, processing, and trading of electronic components and lighting products. Its core product portfolio includes commercial and residential LED lighting solutions such as downlights, panel lights, LED tubes, shelf lights, light bulbs, track lights, spot downlights, high bay lights, T-BAR lights, suspension linear lighting lines, wall washers, spotlights, and underwater lights. Additionally, the company produces connectors, plugs, electronic components, and plastic injection molded parts. ADO operates through several business segments, including Lighting Source and Connecting Line Operation, Plastic Injection Operation, and Energy Power Generation Operation. Founded in 1991 and headquartered in Taiwan, the company serves domestic and international customers, focusing on markets in the US and Europe through ODM/OEM relationships. In the last 1-2 years, ADO Optronics has focused on expanding its LED lighting products and enhancing its energy power generation business. The company has strengthened its presence in the LED commercial and residential lighting markets and incorporated new product offerings such as advanced LED downlights and linear lighting solutions aimed at both indoors and outdoor applications. It continues to provide ODM/OEM services for branding companies primarily targeting the US and European markets. While specific recent mergers or acquisitions were not reported, the company maintains strategic efforts in product development and market expansion in lighting and energy segments to improve profitability and competitive positioning. ADO Optronics operates mainly in Taiwan but supplies its products globally, with a strong export focus on North America and Europe. Its market verticals include commercial, residential, automotive, and industrial lighting, along with electronic connectors and parts manufacturing. The company supports its business through continuous LED research, development, packaging, production, and sales. As of 2024-2025, ADO reported revenues exceeding NT$1 billion, with ongoing investments in new product launches and strategic market channels to drive growth in LED lighting solutions and energy generation areas. Overall, ADO Optronics Corporation is a Taiwanese electronics and lighting manufacturer specializing in LED lighting products, electronic connectors, and plastic injection components, with recent strategic emphasis on expanding LED lighting applications and energy power generation business segments, serving primarily US and European markets via ODM/OEM services and direct sales. It remains committed to product innovation and market expansion to enhance its competitive standing in the global electronics and lighting industries.