Force-MOS Technology Co., Ltd.

Force-MOS Technology Co., Ltd.

TTPEX:4923
46.25
TWD
-3.05
(-6.19%)
1.95BMarket Cap
Nov 16Next Earn
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
22.78
20.4
19.29
17.66
24.28
32.93
21.61
22.89
37.76
33.61
22.15
24.6
27.46
- -
Basic EPS, GAAP
0.86
0.96
0.68
0.11
0.11
3.02
0.44
0.49
4.78
5.39
0.2
-2.33
-5.26
- -
Free Cash Flow per Basic Share
3.35
0.49
0.05
0.57
-3.18
1.78
2.02
-0.42
3.81
1.91
-0.25
-0.37
-4.28
- -
Dividend per Share
- -
0.66
0.66
0.66
0.25
- -
2.33
- -
0.92
3.82
2.5
2.01
- -
- -
Book Value per Share
10.83
11.13
11.15
10.6
10.45
16.3
14.41
14.85
18.7
24.56
22.25
17.55
12.28
16.29
Tangible Book Value per Share
10.44
10.72
10.74
9.83
9.82
15.85
14.04
14.59
18.57
24.38
22.11
17.45
12.21
16.22
Basic Weighted Avg Shares
24
24
24
24
24
25
30
30
29
33
33
33
33
33
Sales/Revenue/Turnover
549
492
465
426
583
824
648
680
1,106
1,098
739
815
899
- -
Operating Margin (%)
3.44
2.51
2.43
-1.19
1.58
9.96
2.39
3.53
15.93
16.22
-0.04
-14.82
-19.86
- -
Depreciation Expense
9
6
7
7
8
8
15
15
14
19
25
25
23
- -
Net Income, GAAP
21
23
16
3
3
76
13
15
140
176
7
-77
-172
- -
Effective Tax Rate (%)
16.59
6.48
17.26
- -
12.31
14.14
21.81
21.49
18.87
20.12
42.39
- -
- -
- -
Profit Margin (%)
3.79
4.72
3.53
0.64
0.45
9.16
2.05
2.16
12.65
16.04
0.88
-9.46
-19.17
- -
Working Capital
263
264
264
240
245
476
409
415
525
645
584
471
364
629
LT Debt
- -
- -
- -
- -
- -
- -
15
11
19
12
6
44
33
160
Total Equity
261
268
269
255
252
489
432
435
548
819
742
575
402
533
Return on Invested Capital (%)
5.86
4.34
3.46
- -
2.93
17.57
2.61
4.13
26.53
18.96
0.05
- -
- -
- -
Return on Capital (%)
7.79
8.77
6.11
- -
0.99
19.42
2.85
3.34
26.94
24.66
0.84
- -
- -
- -
Return on Common Equity (%)
8.3
8.77
6.11
1.03
1.02
20.38
2.89
3.38
28.48
25.78
0.83
-11.71
-35.29
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
229
25
24
LT Borrowings
- -
228
133
LT Finance Leases
33
30
27
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
936
1,133
1,955

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
753
787
820
Cash, Cash Equivalents & STI
175
174
214
Accounts Receivable, Net
320
344
332
Inventories
208
211
236
Total Current Liabilities
389
172
191
Payables & Accruals
- -
- -
- -
ST Debt
229
25
24
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.02%
2.7%
-30%
Free Cash Flow
-2.18%
-14.33%
1,039.64%
Net Income, GAAP
227.53%
-75.54%
123.64%
Sales/Revenue/Turnover
10.32%
9.99%
10.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
196
210
214
196
815
2025
192
216
- -
241
899
2026
250
265
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.46
-0.86
-1.29
-0.64
-2.33
2025
-1.85
-2.08
- -
-0.52
-5.26
2026
0.1
0.4
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
-1.22
- -
2.01
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Tao Chung
Full Time Employees
49
Sector
Electronic technology
Industry
Semiconductors
Address
No. 555, Siyuan Road New Taipei Taiwan 242
IPO Date
Mar 14, 2022
Business
Force MOS Technology Co., Ltd. engages in the design, development, manufacturing, testing, and sale of semiconductor products, principally trench power metal-oxide-semiconductor field-effect transistors (MOSFETs), embedded gate bipolar MOSFETs, analog integrated circuits, bipolar transistors, Schottky diodes, rectifiers, and power management products. Its offerings include MOSFETs for low, medium, and high-voltage applications, power management solutions such as ESC and TVS components tailored for light electric vehicle technology and brushless DC motor control, as well as integrated solutions featuring Co-Pack and chip-on-board (COB) technologies. The company's semiconductor products are applied across a wide range of markets including notebook computers, mobile phones, electric vehicles, electric bicycles, LCD TVs, motherboards, power supplies, and digital cameras. Founded in 2006 and headquartered in New Taipei City, Taiwan, Force MOS operates primarily in Taiwan and Mainland China, serving both domestic and overseas markets. Recently, Force MOS Technology has experienced significant developments including a legal victory in a US patent infringement case against ASUSTeK Computer, Inc. (ASUS) regarding unauthorized use of its patented MOSFET components in notebooks and other consumer electronics. The ruling affirms Force MOS's efforts to protect its intellectual property and enforce patent rights in key markets, with ongoing legal actions aimed at blocking sales of infringing products in the US. Despite legal expenses impacting profitability in 2024, the company focuses on maintaining stable growth. Additionally, Force MOS is benefiting from a rebound in notebook demand contributing to its sales performance in 2024 and ongoing efforts to optimize product delivery and technology integration. Force MOS Technology continues to reinforce its competitive position through advanced manufacturing technologies using 0.25/0.18/0.13 micron process nodes and maintains a top-tier technical team specializing in MOSFET and analog IC design as well as process integration. The company’s strategic focus on power management and electric vehicle segments supports its growth trajectory while expanding product applications and geographic reach in the semiconductor industry. In summary, Force MOS Technology Co., Ltd. is a leading Taiwanese semiconductor manufacturer specializing in power MOSFETs and analog ICs with applications across consumer electronics and electric vehicle sectors. Its recent legal enforcement actions, product expansion, and market demand recovery underpin its ongoing business evolution and regional operational footprint. The company remains publicly listed under the ticker 4923.TWO.