1. Taiwan Stocks

  2. •

    Electronic technology

  3. •

    Electronic production equipment
Max Echo Technology Corp

Max Echo Technology Corp

TTPEX:5228
62.40
TWD
-3.10
(-4.73%)
2.04EPS
32.89P/E
2.56BMarket Cap
Max Echo Technology Corp
TPEX:5228
(Taipei Exchange)

Recent

price

62.40

P/E

ratio

32.89

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
- -
15.26
16.14
16.06
14.95
16.42
15.46
15.24
12.77
15.21
21.05
18.92
11.62
11.31
14.23
17.56
Revenue per Share
- -
0.22
0.74
4.15
2.92
0.41
-0.99
0.49
-0.66
0.87
1.71
1.38
-2
-2.11
-0.2
2.04
Basic EPS, GAAP
- -
-4.64
-1.19
-22.75
-2.54
-0.4
0.23
0.27
-0.23
1.01
1.59
0.18
-1.75
-0.14
0.56
1.77
Free Cash Flow per Basic Share
- -
- -
- -
0.35
- -
- -
0.04
- -
0.2
- -
0.2
0.46
0.3
- -
- -
- -
Dividend per Share
7.07
7.24
7.91
11.58
14.75
15.11
14.13
14.78
13.91
14.8
16.3
17.88
15.6
13.6
13.43
15.24
Book Value per Share
7.07
7.15
7.85
11.55
14.74
15.09
14.05
14.73
13.9
14.8
16.25
17.85
15.57
13.59
13.43
15.24
Tangible Book Value per Share
34
33
33
33
33
34
34
34
34
34
34
36
38
38
38
38
Basic Weighted Avg Shares
- -
496
526
523
501
552
519
512
429
511
707
688
442
430
542
667
Sales/Revenue/Turnover
- -
2.68
5.4
7.82
0.1
5.18
-6.86
3.9
-4.16
7.06
10.3
7.12
-20.19
-18.93
-1.71
11
Operating Margin (%)
- -
32
33
32
31
36
39
39
39
36
38
45
50
47
36
35
Depreciation Expense
- -
7
24
135
98
14
-33
17
-22
29
58
50
-76
-80
-8
78
Net Income, GAAP
- -
41.14
17.39
8.39
15.64
31.52
- -
10.23
- -
13.55
10.48
19.5
- -
- -
- -
2.21
Effective Tax Rate (%)
- -
1.41
4.56
25.86
19.53
2.51
-6.37
3.24
-5.14
5.74
8.15
7.27
-17.21
-18.67
-1.43
11.64
Profit Margin (%)
119
111
79
188
203
199
111
132
57
66
24
136
30
101
83
140
Working Capital
95
224
204
705
660
646
599
572
530
488
439
412
392
497
457
442
LT Debt
237
243
266
389
495
507
475
496
467
497
547
680
594
518
511
580
Total Equity
- -
1.7
4.18
4.23
0.04
1.61
- -
1.56
- -
2.87
5.72
3.32
- -
- -
- -
6.8
Return on Invested Capital (%)
- -
1.94
4.98
17.3
9.31
1.89
- -
2.28
- -
3.39
5.66
4.77
- -
- -
- -
8.54
Return on Capital (%)
- -
2.91
9.43
41.32
22.11
2.76
-6.74
3.41
-4.58
6.09
11.03
8.15
-11.95
-14.46
-1.51
14.36
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
64
61
61
LT Borrowings
457
452
442
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
674
877
2,557

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
256
306
361
Cash, Cash Equivalents & STI
52
64
93
Accounts Receivable, Net
92
106
107
Inventories
98
117
144
Total Current Liabilities
173
186
221
Payables & Accruals
- -
- -
- -
ST Debt
64
61
61
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.87%
1.53%
-1.22%
Free Cash Flow
-269.06%
-349.93%
-510.92%
Net Income, GAAP
-129.51%
-50.74%
-90.36%
Sales/Revenue/Turnover
2.9%
4.64%
25.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
95
109
120
106
430
2025
122
135
129
156
542
2026
181
201
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.8
-0.62
-0.41
-0.28
-2.11
2025
-0.1
-0.35
-0.47
0.71
-0.2
2026
0.99
0.81
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Max Echo Technology Corp. (Ticker: 5228.TWO) develops and manufactures advanced acoustic components and audio solutions for consumer electronics and industrial applications. The company offers a comprehensive portfolio of products including micro speakers, receivers, tweeters, and full-range speakers; bone conduction transducers; silicon-based MEMS microphones; and custom acoustic modules for smartphones, tablets, wearables, laptops, and automotive systems. These products cater to major global brands in the consumer electronics sector, emphasizing high-fidelity sound reproduction, noise cancellation, and compact design integration. Founded in 2006 and headquartered in New Taipei City, Taiwan, Max Echo operates primarily in Asia with distribution networks extending to North America and Europe. In recent developments, the company expanded its production capacity through a strategic investment in new manufacturing facilities in 2024, enabling increased output of MEMS microphone arrays for AI-enabled devices; additionally, Max Echo formed a key partnership with a leading smartphone OEM in early 2025 to co-develop next-generation audio subsystems for 5G handsets.