Abico Avy Co., Ltd.

Abico Avy Co., Ltd.

TTPEX:5392
37.00
TWD
-0.95
(-2.50%)
-0.24EPS
6.25BMarket 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
34.1
29.93
45.14
92.97
89.82
86.17
76.58
60.74
66.18
58.75
52.62
52.69
48.58
49.16
Basic EPS, GAAP
1.69
1.12
0.06
0.56
1.64
0.25
1.25
-0.69
0.33
-0.54
0.31
0.17
-0.26
-0.35
Free Cash Flow per Basic Share
-3.82
-1.06
-7.32
-3.06
4.61
3.59
3.25
1.53
0.01
4.99
3.56
4.84
1.95
-0.22
Dividend per Share
0.69
0.67
0.07
0.78
0.33
0.78
0.48
0.46
0.28
0.28
0.28
0.28
0.19
- -
Book Value per Share
36.49
33.21
33.7
31.84
30.86
29.92
29.91
28.83
28.92
30.1
31.12
32.71
31.79
31.45
Tangible Book Value per Share
35.78
32.62
32.23
30.5
29.5
28.64
29
28.08
28.14
29.18
30.21
31.65
30.71
30.38
Basic Weighted Avg Shares
113
124
132
126
137
144
158
179
179
179
179
179
179
178
Sales/Revenue/Turnover
3,866
3,722
5,954
11,740
12,347
12,366
12,096
10,899
11,849
10,518
9,421
9,433
8,697
8,757
Operating Margin (%)
-6.61
-3.99
-3.39
2.05
2.84
2.42
1.63
1.33
2.21
0.52
-0.1
0.21
-0.22
-0.19
Depreciation Expense
288
262
406
799
789
749
877
811
802
745
717
621
547
540
Net Income, GAAP
192
139
7
71
226
36
197
-123
59
-97
56
30
-46
-62
Effective Tax Rate (%)
28.4
45.93
39.87
35.38
19.28
40.2
25.93
249.2
39.62
85.01
49.06
60.46
142.29
165.64
Profit Margin (%)
4.97
3.75
0.13
0.61
1.83
0.29
1.63
-1.13
0.5
-0.92
0.59
0.31
-0.53
-0.7
Working Capital
3,652
3,353
4,156
3,121
2,083
3,452
2,689
3,687
4,176
3,774
3,735
2,953
3,066
3,048
LT Debt
583
- -
1,915
1,589
392
1,816
1,165
2,295
2,163
2,294
2,045
1,207
1,563
2,199
Total Equity
5,636
5,653
7,200
6,962
6,837
6,928
6,952
6,932
7,399
7,456
7,476
8,062
8,114
8,068
Return on Invested Capital (%)
-2.98
-1.22
-1.39
1.43
2.82
1.56
1.25
-1.52
1.25
0.02
0.05
0.08
0.1
0.14
Return on Capital (%)
2.81
3.39
-1.31
0.29
1.36
-1.35
0.19
-2.52
-0.49
-1.65
0.39
-0.03
-0.8
-1.16
Return on Common Equity (%)
4.95
3.19
0.17
1.62
5.19
0.83
4.1
-2.33
1.14
-1.83
1.02
0.52
-0.79
-1.08

Capital Structure

TWD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3,034
2,714
2,808
LT Borrowings
1,158
1,311
1,759
LT Finance Leases
257
251
441
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
179
179
179
Market Capitalization
9,669
8,364
6,249

Working Capital

TWD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
7,851
7,941
7,751
Cash, Cash Equivalents & STI
4,703
4,678
4,564
Accounts Receivable, Net
1,565
1,572
1,555
Inventories
1,211
1,267
1,281
Total Current Liabilities
4,933
4,875
4,703
Payables & Accruals
- -
- -
- -
ST Debt
3,034
2,714
2,808
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.26%
3.25%
0.64%
Free Cash Flow
7,049.27%
14,176.46%
-59.82%
Net Income, GAAP
40.46%
-174.39%
-254.53%
Sales/Revenue/Turnover
6.98%
-4.12%
-7.8%
Total Cash Common Dividend
- -
- -
-33.33%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,199
2,463
2,356
2,416
9,433
2025
2,086
2,194
2,184
2,233
8,697
2026
2,146
- -
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
0.31
-0.14
0.03
0.17
2025
-0.22
-0.33
0.16
0.13
-0.26
2026
-0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.28
2025
- -
- -
- -
- -
0.19
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shiang Chi Hu
Full Time Employees
3,625
Sector
Producer manufacturing
Industry
Metal fabrication
Address
No. 101, Fuxing North Road Taipei TPE Taiwan 10595
IPO Date
Jun 14, 1999
Website
avy.com.tw
Business
Abico AVY Co., Ltd. (5392.TWO) designs, manufactures, and sells precision metal and plastic components primarily for cameras, mobile phones, automotive applications, consumer electronics, office automation equipment, and home appliances; its core offerings include metal parts such as LCD frames, laser welding assemblies, decorative nameplates, stamping plates, flash reflector covers, power cord chucks, battery plugs, metal shrapnels for relays, gold-plated shrapnels, multi-function printer parts, medical equipment mechanical components, micro-motors, molds, and stamping products; the company also engages in powder metallurgy for power tools, electronic components distribution, and sales of sports goods, healthy living products like contact lenses and skincare, and software such as the Marathon’s World app. Founded in 1994 and headquartered in Taipei, Taiwan, Abico AVY operates manufacturing facilities across Taiwan, China, Japan, Vietnam, Thailand, and Malaysia, with subsidiaries including JABON International Co., Ltd., IKKA-KY (2250.TT), and ABICO NetCom (8071.TT), as part of the broader ABICO Group which traces roots to 1965 and maintains strong Japan-Taiwan collaborations in optics, mechanics, and emerging sectors like electric vehicles and AI. In recent developments, the company—formerly AVY Precision Technology Inc.—continues expansion in the electric vehicle and ADAS sectors, with its Nagoya, Japan factory slated for production start in 2024, new Thailand facilities for Southeast Asian EV markets, and ongoing development of EV components including powertrain, thermal, brake, door, and driver modules; it benefits from group-level strategies such as the 2019 reacquisition of Japanese automotive supplier Sol-Plus to bolster Southeast Asia production, 2021 listing of IKKA-KY as Taiwan's first Japanese firm, and 2024 transformation of ABICO Asia (7777.TWO) into a sustainable venture capital entity.