TSG Development Co., Ltd.

TSG Development Co., Ltd.

TTPEX:3521
12.20
TWD
+0.25
(+2.09%)
2.33EPS
5.19P/E
2.25BMarket Cap
TSG Development Co., Ltd.
TPEX:3521
(Taipei Exchange)

Recent

price

12.20

P/E

ratio

5.19

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
14.41
- -
19.84
16.8
11.91
12.91
13.28
10.1
11.63
30.64
6.79
7.71
5.05
3.98
1.99
1.89
0.44
Revenue per Share
-2.69
- -
-0.6
-2.24
-0.52
0.52
0.11
-1.41
-0.54
2.6
-0.89
-1.68
-1.7
-2.76
-1.05
-0.07
2.33
Basic EPS, GAAP
-3.24
- -
0.2
-2.38
-1.74
-3.4
-2.38
-8.5
-8.1
10.48
1.18
-4.29
-0.21
-0.04
-0.93
0.54
-3.79
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
13.4
12.78
12.22
9.97
9.62
10.13
10.24
8.83
8.29
10.87
10.09
8.55
8.44
8.24
9.92
10.1
12.14
Book Value per Share
13.11
12.77
12.21
9.97
9.61
10.13
10.21
8.57
8.26
10.84
10.06
7.89
8.02
8.21
9.92
10.1
12.14
Tangible Book Value per Share
31
32
32
32
33
47
47
47
47
47
47
47
51
69
78
130
136
Basic Weighted Avg Shares
450
- -
628
533
393
604
620
472
543
1,432
317
364
255
276
156
247
59
Sales/Revenue/Turnover
-15.73
- -
-6.2
-8.53
-3.25
4.01
0.75
-12.65
-5.45
8.76
-14.46
-15.19
-25.14
-41.19
-102.24
-11.28
-131.85
Operating Margin (%)
15
- -
37
25
10
11
13
13
13
15
19
19
21
28
12
12
10
Depreciation Expense
-84
- -
-19
-71
-17
24
5
-66
-25
121
-42
-79
-86
-192
-82
-9
317
Net Income, GAAP
- -
- -
- -
- -
- -
- -
9.63
- -
- -
- -
- -
- -
- -
- -
- -
156.21
- -
Effective Tax Rate (%)
-18.68
- -
-3.02
-13.33
-4.35
4.02
0.81
-13.99
-4.68
8.47
-13.18
-21.79
-33.57
-69.54
-52.59
-3.71
533.44
Profit Margin (%)
118
95
49
75
221
241
324
476
743
108
331
90
435
656
1,123
963
1,773
Working Capital
- -
- -
35
56
68
70
154
395
679
108
286
89
360
382
286
4
19
LT Debt
419
404
545
316
449
474
479
413
387
508
471
405
507
645
1,272
1,472
2,255
Total Equity
- -
- -
- -
- -
- -
3.9
0.56
- -
- -
9.55
- -
- -
- -
- -
- -
1.05
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
4.51
1.14
- -
- -
10.06
- -
- -
- -
- -
- -
-0.8
- -
Return on Capital (%)
-18.25
- -
-4.79
-20.18
-4.46
5.26
1.05
-14.81
-6.36
27.09
-8.53
-18.21
-19.04
-33.51
-8.55
-0.67
18.07
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
280
3
5
LT Borrowings
- -
- -
- -
LT Finance Leases
4
10
19
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
146
146
186
Market Capitalization
2,048
1,895
2,248

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,277
1,317
1,793
Cash, Cash Equivalents & STI
822
1,030
1,010
Accounts Receivable, Net
12
2
2
Inventories
284
271
774
Total Current Liabilities
314
39
20
Payables & Accruals
- -
- -
- -
ST Debt
280
3
5
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.64%
30.26%
15.68%
Free Cash Flow
183.99%
387.11%
-196.55%
Net Income, GAAP
-219.36%
15.13%
-88.82%
Sales/Revenue/Turnover
8.75%
1.56%
58.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
97
34
20
4
156
2025
18
181
37
11
247
2026
10
1
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.62
1.02
-0.49
-0.95
-1.05
2025
-0.32
0.15
0.21
-0.13
-0.07
2026
2.12
-0.02
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
DataVan International Corporation (3521.TWO), founded in 1986 and headquartered in New Taipei City, Taiwan, designs, manufactures, and sells point-of-sale (POS) terminals and related hardware solutions worldwide through its Technology Business and Construction Business segments. The company provides a comprehensive range of products including touchscreen POS terminals such as the Alpha, Cubee, Glamor, Tango, Amber, and DAP-412A series; self-service kiosk terminals like Genius, Venus, and HiFive; modular POS systems; industrial PCs (IPCs) encompassing box PCs, panel PCs, rackmount servers, and embedded vision boards; epidemic prevention solutions featuring temperature detection and facial recognition like Facelook X1; POS peripherals; digital signage; and IoT management platforms such as DataVan Central and HiFive for device management, data analysis, and cloud-based operations supporting Windows and Android systems. It also offers biotechnology products including Testchip biochip testing devices, self-service beer dispensers under the YumQ sub-brand, kitchen display systems (KDS), and mobile payment terminals, serving retail, hospitality, healthcare, municipal, airport, banking, F&B, and industrial automation markets via OBM, OEM, and ODM models. DataVan operates production facilities in Taiwan totaling 3,305 square meters with annual capacity of 8,000 to 12,000 units, and maintains subsidiaries including Maincon Corporation (acquired in April 2021), Shanghai DataVan Co., Ltd. (established 2019), and Homerune Development Co., Ltd. (established 2019), with additional locations in Penang, Malaysia, supporting sales territories across Asia, the United States, and Europe. In recent developments, DataVan established a Biotechnology Business Division in 2022 to manufacture and sell Testchip biochip devices under a patented license, launched the Innovative Business Division with self-service beer dispensers integrating cloud management and cashless payments, upgraded POS terminals with new CPUs, and introduced DataVan Central as an advanced IoT platform; it deployed box PCs for chain parking lots and department stores in 2021 while expanding online sales channels. The company continues to advance intelligentization strategies, showcasing AI-driven solutions at COMPUTEX including DataVanGPT for voice-based recommendations on slim kiosks, AI Vision for eye-tracking analytics, AI Waiter for voice ordering on Venus kiosks, platform-based desktop POS, and enhanced retail software-hardware integration to address manpower shortages in airports and optimize passenger experiences with data-driven marketing.