Fortune Electric Co., Ltd.

Fortune Electric Co., Ltd.

TTWSE:1519
615.00
TWD
-11.00
(-1.76%)
13.64EPS
50.79P/E
245.12BMarket Cap
Nov 11Next 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
12.81
14.74
16.45
16.48
16.89
17.26
20.65
24.38
25.96
22.31
40
58.14
70.29
69.45
Basic EPS, GAAP
0.33
0.75
0.65
0.72
0.27
0.17
1.18
1.32
0.83
2.41
7.42
12.33
12.72
13.89
Free Cash Flow per Basic Share
2.37
-0.19
-1.78
1.23
-1.14
1.68
1.83
0.36
-1.67
1.91
11.79
8.44
13.49
15.84
Dividend per Share
0.11
0.24
0.45
0.45
0.6
0.3
0.23
0.75
0.98
0.75
1.88
4.51
7.44
- -
Book Value per Share
8.55
9.05
9.07
9.36
8.96
8.83
9.72
10.21
10.01
11.93
17.34
24.99
30.46
26.49
Tangible Book Value per Share
8.53
9.02
9.03
9.32
8.93
8.77
9.64
10.12
9.89
11.76
17.15
24.8
30.28
26.32
Basic Weighted Avg Shares
347
347
347
347
347
347
347
347
347
347
347
347
347
348
Sales/Revenue/Turnover
4,450
5,123
5,715
5,726
5,870
5,997
7,177
8,472
9,020
7,751
13,900
20,203
24,423
24,141
Operating Margin (%)
2.7
6.39
5.65
5.48
2.67
0.22
4.61
5.74
4.44
5.23
20.41
24.22
21.74
20.91
Depreciation Expense
92
90
86
89
91
91
121
130
140
150
172
228
358
448
Net Income, GAAP
114
260
225
251
93
60
411
458
290
838
2,577
4,286
4,419
4,828
Effective Tax Rate (%)
20.03
19.71
24.66
17.07
27.53
29.26
17.21
16.61
21.42
13.42
16.61
21.48
22.14
20.63
Profit Margin (%)
2.57
5.07
3.94
4.38
1.58
1
5.72
5.4
3.21
10.82
18.54
21.22
18.1
20
Working Capital
1,636
1,831
2,094
2,272
2,338
2,323
2,167
2,519
2,446
2,707
3,789
6,994
8,527
8,083
LT Debt
85
592
742
742
742
742
861
954
1,314
836
224
458
2,569
2,138
Total Equity
2,976
3,151
3,159
3,255
3,115
3,063
3,379
3,547
3,520
4,265
6,133
8,774
10,820
9,397
Return on Invested Capital (%)
2.69
6.79
5.45
5.73
2.49
0.21
10.01
8.08
5.44
5.47
32.96
44.38
33.27
36
Return on Capital (%)
3.59
7.09
5.59
6.14
2.46
1.98
9.78
9.92
5.62
13.32
37.84
53.74
39.13
47.72
Return on Common Equity (%)
3.91
8.5
7.15
7.82
2.91
1.94
12.74
13.21
8.25
21.99
50.68
58.28
45.88
57.21

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
305
462
694
LT Borrowings
554
- -
130
LT Finance Leases
2,015
2,035
2,008
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
347
347
347
Market Capitalization
241,649
248,598
245,124

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,541
22,877
25,525
Cash, Cash Equivalents & STI
5,343
6,110
7,746
Accounts Receivable, Net
4,450
3,943
3,707
Inventories
8,333
9,365
10,316
Total Current Liabilities
13,014
15,873
17,442
Payables & Accruals
- -
- -
- -
ST Debt
305
462
694
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.29%
26.12%
23.32%
Free Cash Flow
-91.25%
-46.48%
59.94%
Net Income, GAAP
93.73%
85.88%
3.11%
Sales/Revenue/Turnover
18.05%
27.59%
20.89%
Total Cash Common Dividend
- -
72.38%
65%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,038
4,646
5,357
7,163
20,203
2025
4,421
6,073
5,832
8,097
24,423
2026
4,757
5,456
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.72
2.34
3.54
4.5
12.33
2025
2.48
2.27
3.14
4.83
12.72
2026
2.99
2.94
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.51
2025
- -
- -
- -
- -
7.44
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yi Cheng Hsu
Full Time Employees
623
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 10, Jill Road Taoyuan TYN Taiwan 32063
IPO Date
Apr 16, 1997
Business
Fortune Electric Co., Ltd. Fortune Electric Co., Ltd. (1519.TW) manufactures and markets a broad range of high- and low-voltage electrical equipment for power transmission, distribution, and generation applications; core products include power transformers up to 530kV and 775MVA, distribution transformers, cast resin transformers, amorphous metal core transformers, SF6 gas insulated transformers, metal-clad switchgear, gas-insulated switchgear (GIS), switchgear panels, motor control centers, capacitors, substations, and transmission and distribution apparatus; the company also provides electromechanical project contracting services for substations and power plants, as well as renewable energy electricity sales through subsidiaries. Founded in 1969 and headquartered in Taoyuan City, Taiwan, with manufacturing facilities including Zhongli Plant 1, Guanyin Plants 2 and 3, and a joint venture Hitachi Fortune Transformer Inc. in Taichung for ultra-high voltage production, Fortune Electric serves domestic Taiwan power utilities like Taipower and exports extensively to the Americas, Asia, Australia, and the Middle East, with over 80% of recent exports targeting the US amid AI data center and grid infrastructure demand. Recent developments include approval in 2024 for a new factory construction on self-owned land at TWD 8 million to expand capacity amid surging transformer orders; ongoing negotiations for second-phase US Stargate project orders as the first Taiwanese firm to secure initial contracts; investments of NT$2.5 billion announced in November 2025 for production expansion to address AI infrastructure bottlenecks and supply chain constraints; heightened partnership discussions across Asia due to component shortages and rising regional demand; and earlier milestones such as the 2021 establishment of wholly-owned subsidiary Fortune Energy Technology Co., Ltd. for renewable energy market entry, plus Fortune Electric Australia Pty Ltd. for localized operations.