1. Taiwan Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
IOVTEC Co., Ltd.

IOVTEC Co., Ltd.

TTPEX:7583
23.40
TWD
+0.40
(+1.74%)
-2.12EPS
958.42MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18.44
26.22
43.95
52.1
49.72
20.41
Basic EPS, GAAP
1.52
1.72
2.82
6.49
3.94
-2.12
Free Cash Flow per Basic Share
-4.08
-3.66
7.42
9.25
-10.16
-9.25
Dividend per Share
- -
0.23
0.43
1.03
2.17
- -
Book Value per Share
14.88
16.8
19.92
26.21
34.32
30.21
Tangible Book Value per Share
14.85
16.68
18.77
25.46
33.82
29.75
Basic Weighted Avg Shares
17
22
22
22
24
24
Sales/Revenue/Turnover
321
569
953
1,139
1,191
500
Operating Margin (%)
7.08
10.8
3.78
15.35
9.17
-4.95
Depreciation Expense
67
75
127
165
168
99
Net Income, GAAP
26
37
61
142
94
-52
Effective Tax Rate (%)
17.71
13.99
9.09
19.52
21.7
- -
Profit Margin (%)
8.23
6.57
6.41
12.45
7.93
-10.39
Working Capital
114
116
61
149
119
97
LT Debt
142
170
159
126
76
248
Total Equity
325
367
435
578
843
742
Return on Invested Capital (%)
- -
8.84
6.36
18.43
9.02
- -
Return on Capital (%)
- -
8.74
11.39
20.51
11.19
- -
Return on Common Equity (%)
- -
10.81
15.26
28.02
13.29
-6.55

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
131
368
129
LT Borrowings
30
25
206
LT Finance Leases
46
44
42
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
1,733
1,642
958

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
665
592
543
Cash, Cash Equivalents & STI
304
317
246
Accounts Receivable, Net
177
171
200
Inventories
13
14
14
Total Current Liabilities
546
650
447
Payables & Accruals
- -
- -
- -
ST Debt
131
368
129
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
46.02%
Free Cash Flow
- -
- -
-220.54%
Net Income, GAAP
- -
- -
-33.38%
Sales/Revenue/Turnover
- -
- -
4.64%
Total Cash Common Dividend
- -
- -
131.31%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,139
2025
172
269
- -
- -
1,191
2026
213
287
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.49
2025
-1.26
1.96
- -
- -
3.94
2026
-1.71
-0.41
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.03
2025
- -
- -
- -
- -
2.17
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ming Ko Tsai
Full Time Employees
149
Sector
Industrial services
Industry
Engineering & construction
Address
No. 89, Sec. 5 Taipei TP Taiwan 105409
IPO Date
Sep 26, 2023
Website
iog-tw.com
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Business
International Ocean Group (IOG) is an offshore wind integrated service group headquartered in Taiwan, founded to support industrial localization in the offshore wind sector. The company provides a broad range of services including marine surveys, marine geotechnical investigations, operation and maintenance (O&M) services, offshore wind vessel charter, and talent cultivation. IOG operates through various joint ventures to offer comprehensive offshore wind solutions across the project lifecycle, from early-stage surveys and construction support to mid-term construction and ongoing operations. The group includes business units such as IOVTEC, CWind Taiwan, Fugro IOVTEC, TIWTC, and IOG Shipyard, with CWind Taiwan and Fugro IOVTEC representing strategic joint ventures with European experts established in 2018 and 2020, respectively. Recently, IOG has emphasized accelerating industrial localization in Taiwan by transferring know-how and adopting common international safety standards through its Taiwan International Windpower Training Corporation Ltd. (TIWTC). The company is positioned as a leader in Taiwan's offshore wind industry, aiming to establish Taiwan as a regional offshore wind hub in the Asia-Pacific region. Its strategic initiatives focus on expanding local capacity, innovation in offshore technology, and integration of cross-disciplinary expertise to serve Taiwan's landmark wind power projects.