1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Key Ware Electronics Co., Ltd.

Key Ware Electronics Co., Ltd.

TTPEX:5498
58.40
TWD
-5.10
(-8.03%)
0.41EPS
159.64P/E
11.77BMarket 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
7.67
7.21
4.84
4.51
5.78
6.79
7
7.05
8.86
7.57
5.56
6.05
7.3
10.11
Basic EPS, GAAP
0.06
0.13
0.02
0.25
0.2
0.2
0.39
0.49
0.18
0.01
0.06
-0.01
- -
0.38
Free Cash Flow per Basic Share
0.19
-0.03
1.31
-1.05
0.14
-0.35
-0.01
0.76
-1.65
-1.33
1.84
-0.79
-0.17
-0.72
Dividend per Share
- -
- -
- -
- -
- -
0.02
- -
0.03
0.19
- -
0.1
- -
0.15
- -
Book Value per Share
9.58
10.23
10.01
9.72
9.84
9.01
9.54
11.19
10.27
10.91
10.51
10.8
10.88
11.32
Tangible Book Value per Share
9.54
10.18
9.97
9.68
9.58
8.78
9.32
10.99
10.1
10.76
10.38
10.68
10.78
11.23
Basic Weighted Avg Shares
179
179
179
179
179
179
179
179
178
192
192
192
193
178
Sales/Revenue/Turnover
1,374
1,292
867
808
1,034
1,217
1,255
1,264
1,579
1,454
1,068
1,163
1,408
1,802
Operating Margin (%)
1.05
1.66
0.92
4.14
1.94
2.94
3.21
2.74
1.31
-6.25
-16.67
-1.26
0.89
5.07
Depreciation Expense
176
160
126
70
71
77
103
118
157
174
155
132
154
153
Net Income, GAAP
11
24
3
44
36
36
70
87
31
3
12
-1
-1
68
Effective Tax Rate (%)
31.66
24.96
48.03
25.38
31.49
28.52
22.13
23.99
32.46
83.92
96.68
- -
88.2
26.89
Profit Margin (%)
0.79
1.85
0.38
5.43
3.48
2.98
5.54
6.9
1.99
0.18
1.11
-0.13
-0.04
3.77
Working Capital
346
787
668
792
728
662
860
1,062
307
921
844
868
1,093
1,114
LT Debt
- -
278
232
188
144
210
406
421
302
743
494
485
465
519
Total Equity
1,715
1,831
1,792
1,741
1,790
1,644
1,742
2,041
2,010
2,125
2,040
2,097
2,120
2,210
Return on Invested Capital (%)
0.42
0.65
0.16
0.99
0.53
0.9
1.45
0.96
0.58
-0.42
-0.23
- -
0.05
1.81
Return on Capital (%)
1.02
1.49
0.5
2.23
1.72
1.75
3.03
3.4
1.22
0.2
0.56
- -
0.05
2.37
Return on Common Equity (%)
0.65
1.35
0.18
2.48
2.05
2.15
4.18
4.69
1.58
0.13
0.58
-0.07
-0.03
3.35

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,059
1,600
1,337
LT Borrowings
451
- -
480
LT Finance Leases
14
11
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
193
194
194
Market Capitalization
9,741
10,084
11,768

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,327
2,421
2,654
Cash, Cash Equivalents & STI
803
737
747
Accounts Receivable, Net
723
839
1,013
Inventories
494
506
539
Total Current Liabilities
1,234
1,747
1,541
Payables & Accruals
- -
- -
- -
ST Debt
1,059
1,600
1,337
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.9%
0.82%
1.09%
Free Cash Flow
-685.9%
-157.91%
-78.67%
Net Income, GAAP
136.83%
4.28%
-58.16%
Sales/Revenue/Turnover
6.32%
4.07%
21.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261
315
298
289
1,163
2025
301
335
368
404
1,408
2026
448
583
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
-0.04
-0.18
0.13
-0.01
2025
-0.12
-0.06
0.01
0.17
- -
2026
- -
0.18
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.15
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tsung Wei Chu
Full Time Employees
329
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 32, Singbang Road Taoyuan TAO Taiwan 330
IPO Date
Mar 29, 2001
Website
key-ware.com.tw
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Business
Key Ware Electronics Co., Ltd. (TPE:5498) manufactures and sells electronic components and modules focused on wireless communication and Internet of Things (IoT) solutions. The company offers core products including Wi-Fi modules, Bluetooth modules, LoRa modules, and Zigbee modules; RF transceivers and antennas; IoT gateway devices and sensors; and customized wireless solutions for smart home, industrial automation, and healthcare applications. Founded in 2000 and headquartered in New Taipei City, Taiwan, Key Ware operates primarily in Asia with distribution networks extending to Europe and North America, serving OEMs, ODMs, and system integrators in the consumer electronics and industrial sectors. In recent developments, the company expanded its product portfolio in 2024 with new Matter-certified Wi-Fi modules supporting the latest smart home interoperability standards and partnered with leading semiconductor firms for next-generation low-power RF chipsets. Additionally, Key Ware announced a strategic investment in 2025 to enhance its production capacity for 5G-enabled IoT modules amid growing demand in smart city projects across Southeast Asia.