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New Era Electronics Co., Ltd.

New Era Electronics Co., Ltd.

TTPEX:4909
39.20
TWD
+0.45
(+1.16%)
0.75EPS
59.54P/E
4.19BMarket Cap
New Era Electronics Co., Ltd.
TPEX:4909
(Taipei Exchange)

Recent

price

39.20

P/E

ratio

59.54

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
23.41
22.37
19.31
19.79
18.63
17.12
16.83
14.23
11.59
8.36
7.3
7.21
5.3
6.65
29.75
3.18
2.5
Revenue per Share
3.34
3.13
2.11
3.08
3.04
2.6
2.11
0.91
1.09
0.03
0.16
-1.26
-0.59
0.42
10.14
-1.25
0.75
Basic EPS, GAAP
4.72
2.06
1.47
4.95
2.9
1.47
2.32
-0.48
2.12
0.83
0.07
-1.25
-0.85
0.04
1.5
5.78
-2.52
Free Cash Flow per Basic Share
2.26
1.55
2
1.2
2.2
1.3
1.3
1.2
0.6
0.7
0.3
0.3
- -
- -
0.5
6
- -
Dividend per Share
20.62
22.92
22.59
25.17
26.6
27.96
28.15
27.34
27.97
27.16
27.02
25.45
25.04
25.51
34.62
27.26
27.17
Book Value per Share
20.47
22.89
22.57
25.15
26.59
27.94
28.14
27.29
27.93
27.12
26.99
25.43
25.03
25.5
34.62
27.26
27.17
Tangible Book Value per Share
90
92
93
93
93
93
93
93
93
93
93
93
93
93
93
93
92
Basic Weighted Avg Shares
2,101
2,069
1,786
1,831
1,736
1,598
1,571
1,329
1,082
780
681
673
495
621
2,777
297
230
Sales/Revenue/Turnover
15.88
13.9
12.5
15.24
13.19
14.82
14.85
11.28
4.65
-4.71
-5.66
-17.16
-31.55
9.19
29.55
-34.28
-51.15
Operating Margin (%)
53
52
50
49
44
37
35
40
47
49
47
41
39
37
28
21
22
Depreciation Expense
299
290
195
285
283
243
197
85
101
3
15
-118
-55
39
946
-117
69
Net Income, GAAP
11.91
17.67
20.38
19.86
18.93
21.71
21.62
23.29
24.55
- -
- -
- -
- -
- -
19.5
- -
31.21
Effective Tax Rate (%)
14.25
14.01
10.92
15.58
16.29
15.21
12.57
6.4
9.38
0.39
2.18
-17.5
-11.07
6.27
34.08
-39.33
30.12
Profit Margin (%)
1,695
1,789
1,780
1,977
2,133
2,281
2,281
2,172
2,272
2,188
2,091
1,955
1,929
1,983
2,896
2,213
2,222
Working Capital
164
- -
29
29
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,900
2,120
2,090
2,328
2,483
2,610
2,628
2,552
2,611
2,536
2,522
2,376
2,338
2,381
3,232
2,545
2,537
Total Equity
14.43
10.24
7.2
9.38
7.28
6.99
6.38
3.84
1.26
- -
- -
- -
- -
- -
22.24
- -
-2.32
Return on Invested Capital (%)
14.97
12.9
8.58
12.17
11.26
9.27
7.01
2.97
3.5
- -
- -
- -
- -
- -
33.25
- -
2.75
Return on Capital (%)
16.27
14.42
9.26
12.91
11.76
9.54
7.54
3.28
3.93
0.12
0.59
-4.81
-2.32
1.65
33.72
-4.04
2.77
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
20
14
14
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
93
93
Market Capitalization
5,508
4,976
4,187

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,334
2,333
2,333
Cash, Cash Equivalents & STI
2,131
2,113
2,127
Accounts Receivable, Net
62
72
66
Inventories
34
35
32
Total Current Liabilities
121
105
112
Payables & Accruals
- -
- -
- -
ST Debt
20
14
14
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.56%
1.78%
-21.26%
Free Cash Flow
104.4%
360.54%
286.29%
Net Income, GAAP
133.47%
220.86%
-112.33%
Sales/Revenue/Turnover
17.97%
51.19%
-89.32%
Total Cash Common Dividend
- -
- -
1,099.99%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
547
605
1,075
571
2,777
2025
119
52
71
55
297
2026
52
52
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.76
1.52
5.17
1.7
10.14
2025
0.04
-2.12
0.62
0.21
-1.25
2026
0.05
-0.13
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
6
2026
- -
- -
- -
- -
- -
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Business
New Era Electronics Co., Ltd. (4909.TWO) manufactures and sells specialized printed circuit boards (PCBs) primarily for high-frequency microwave communications, satellite applications, telecommunications equipment, and automotive systems. The company produces microwave RF PCBs used in base station antennas, low noise blocks (LNBs), and telecom equipment; heavy copper, metal core bonding, and copper coin insertion PCBs applied in workstation power supplies, base station transceivers, server accessories, remote radio heads, and small cells; FR-4 PCBs for computer accessories and communication equipment; mixed dielectric PCBs for telecom equipment, power amplifiers, VSAT transceivers, and remote radio heads; hydrocarbon ceramic and PTFE composite PCBs with low dielectric constant (Dk) and low dissipation factor (Df); thermally conductive PCB solutions; and RF automobile PCBs for blind spot detection, lane departure warning, emergency braking, advanced driver assistance systems (ADAS), and forward/rear collision warning. These products serve the telecommunications, satellite communications, 5G infrastructure, power electronics, and automotive industries, with operations focused in Taiwan and international markets. Founded in 1984 and headquartered in Taoyuan City, Taiwan, New Era Electronics specializes in high multilayer, fine line, and advanced thermal management PCB technologies, holding certifications including ISO9001, IATF16949, and UL. In recent developments, the company benefits from surging demand for high-frequency and thermal dissipation PCBs driven by satellite communications including LNBs and VSAT systems, as well as 5G base station upgrades, which have upgraded its revenue structure over the past two years through investments in high-end processes, coin copper thermal technologies, and metal composite printing to improve yield and value. It continues to expand capacity in RF and HDI multilayer boards to meet growth in these sectors, with third-quarter 2025 earnings reflecting ongoing operational adjustments amid market dynamics.