Avertronics Inc.

Avertronics Inc.

TTPEX:3597
47.10
TWD
-1.60
(-3.29%)
1.02BMarket 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
26.14
22.22
20.67
22.41
20.85
25.13
25
24.35
29.21
26.79
15.75
18.97
- -
- -
Basic EPS, GAAP
0.43
0.54
0.76
0.34
0.05
1.48
1.03
1.28
2.1
2.06
0.25
1.32
- -
- -
Free Cash Flow per Basic Share
- -
1.38
1.93
-0.93
-0.05
1.59
0.14
0.44
0.98
1.33
3.08
-0.5
- -
- -
Dividend per Share
- -
0.54
0.63
0.78
0.49
0.2
1.76
0.87
1.15
1.7
1.7
0.3
- -
- -
Book Value per Share
12.56
12.97
12.95
12.01
12.54
13.73
12.75
13.42
15.36
15.8
14.17
15.38
15.03
15.2
Tangible Book Value per Share
12.5
12.95
12.93
12
12.47
13.64
12.58
13.19
15.21
15.7
13.89
15.17
14.93
15.16
Basic Weighted Avg Shares
35
35
35
32
31
31
31
34
36
39
39
39
39
39
Sales/Revenue/Turnover
921
783
723
706
652
782
778
830
1,065
1,046
611
738
- -
- -
Operating Margin (%)
1.53
4.09
4.45
5.14
5.09
7.09
4.57
9.07
10.39
8.62
-1.12
5.41
- -
- -
Depreciation Expense
23
19
17
15
14
15
23
23
24
26
27
23
- -
- -
Net Income, GAAP
15
19
27
11
1
46
32
43
77
80
10
52
- -
- -
Effective Tax Rate (%)
53.47
57.12
45.06
67.51
91.89
35.69
31.89
35.71
29.23
30.01
4.4
18.58
- -
- -
Profit Margin (%)
1.66
2.45
3.66
1.51
0.22
5.87
4.12
5.24
7.2
7.68
1.59
6.98
- -
- -
Working Capital
260
268
287
251
172
283
169
249
419
497
361
418
379
396
LT Debt
77
101
107
73
45
134
122
115
151
207
143
134
695
680
Total Equity
452
466
459
415
389
427
398
480
600
616
550
599
586
593
Return on Invested Capital (%)
0.95
1.93
2.46
1.6
0.34
4.21
3
6.07
8.9
6.63
-0.69
3.63
- -
- -
Return on Capital (%)
3.43
3.03
4.08
1.7
0.25
6.05
4.68
5.93
9.26
9.05
1.77
6.48
- -
- -
Return on Common Equity (%)
3.56
4.26
5.84
2.46
0.36
11.25
7.77
9.9
14.2
13.22
1.67
8.97
- -
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
129
127
137
LT Borrowings
695
679
680
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
1,002
899
1,016

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
677
654
737
Cash, Cash Equivalents & STI
261
291
278
Accounts Receivable, Net
288
238
272
Inventories
100
101
119
Total Current Liabilities
298
274
340
Payables & Accruals
- -
- -
- -
ST Debt
129
127
137
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.14%
4.74%
-2.1%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
134
158
203
243
738
2025
202
193
234
- -
- -
2026
198
253
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.18
0.17
0.42
0.56
1.32
2025
0.18
-0.29
0.23
- -
- -
2026
0.08
0.27
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.3
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Bing Yuen Lai
Full Time Employees
448
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 10, Gongyequ 19th Rd Taichung TX Taiwan 408
IPO Date
May 15, 2008
Business
Avertronics Inc. (3597.TWO) manufactures and sells electronic components and modules primarily for consumer electronics and industrial applications. The company offers a range of products including open-frame power supplies, battery chargers, DC/DC converters, AC/DC adapters, and LED drivers; it also provides customized power solutions and electromagnetic interference filters under its AverPower brand. Avertronics serves original equipment manufacturers in sectors such as information technology, telecommunications, medical devices, and green energy applications, with manufacturing facilities and sales operations centered in Taiwan and extending to markets in Asia, Europe, and North America. Founded in 1992 and headquartered in New Taipei City, Taiwan, the company maintains a focus on high-efficiency, compact power conversion technologies to meet stringent regulatory standards like UL, CE, and CCC. In recent developments, Avertronics expanded its production capacity through a strategic investment in automated assembly lines in 2024, enhancing output for high-density EV charging modules; it also formed a technology partnership with a leading European semiconductor firm in early 2025 to co-develop next-generation GaN-based power supplies for 5G infrastructure.