Dah San Electric Wire & Cable Corp

Dah San Electric Wire & Cable Corp

TTWSE:1615
47.85
TWD
-0.85
(-1.75%)
5.09EPS
8.62P/E
8.77BMarket 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
14.6
13.73
12.05
11.85
13.79
16.96
15.84
15.94
22.78
22.32
28.48
31.03
28.79
29.15
Basic EPS, GAAP
0.15
0.42
0.08
0.47
0.74
0.99
1.23
1.66
2.27
2.17
3.02
3.92
4.76
5.12
Free Cash Flow per Basic Share
0.23
-0.34
0.58
0.27
0.9
0.44
-0.32
-1.41
3.63
0.02
0.86
0.58
1.46
3.29
Dividend per Share
0.23
0.17
0.17
0.17
0.42
0.51
0.76
0.56
0.74
1.39
1.29
1.25
1.89
- -
Book Value per Share
7.2
7.45
7.35
7.62
8.02
8.38
9.11
10.22
12.41
12.89
14.86
18.04
22.22
23.64
Tangible Book Value per Share
7.2
7.45
7.35
7.62
8.02
8.38
9.11
10.22
12.41
12.89
14.86
17.99
22.17
23.6
Basic Weighted Avg Shares
199
199
199
199
199
199
199
199
199
199
174
189
199
198
Sales/Revenue/Turnover
2,900
2,728
2,394
2,353
2,739
3,369
3,147
3,166
4,525
4,433
4,945
5,870
5,719
5,783
Operating Margin (%)
1.15
1.39
1.18
5.05
5.4
6.75
9.48
12.74
11
10.72
12.33
15.17
18.65
19.43
Depreciation Expense
49
48
47
40
38
38
38
35
42
48
56
63
72
79
Net Income, GAAP
31
84
16
94
147
197
244
329
451
432
525
741
945
1,016
Effective Tax Rate (%)
23.47
8.42
33.48
19.16
12.6
17.08
19.83
20.62
12.59
19.78
18.42
19.58
18.75
18.83
Profit Margin (%)
1.06
3.06
0.66
4
5.36
5.84
7.76
10.38
9.97
9.74
10.62
12.63
16.53
17.57
Working Capital
133
326
285
358
569
608
830
681
851
916
1,128
1,550
2,104
2,196
LT Debt
100
130
100
100
100
100
238
332
187
192
180
167
155
149
Total Equity
1,430
1,480
1,460
1,514
1,594
1,664
1,810
2,030
2,465
2,561
2,953
3,584
4,414
4,697
Return on Invested Capital (%)
1.22
1.69
0.93
4.83
6.39
8.91
10.03
11.21
13.63
11.51
13.38
16.11
16.14
17.4
Return on Capital (%)
1.74
4.42
1
5
7.48
9.59
10.62
11.87
14.53
13.41
14.72
17.38
18.34
20.15
Return on Common Equity (%)
2.13
5.74
1.08
6.32
9.45
12.07
14.07
17.12
20.08
17.18
19.05
22.68
23.64
24.6

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,174
752
744
LT Borrowings
145
142
139
LT Finance Leases
10
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
199
199
199
Market Capitalization
9,755
8,801
8,771

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,729
3,528
3,932
Cash, Cash Equivalents & STI
770
790
973
Accounts Receivable, Net
1,828
1,499
1,453
Inventories
1,052
1,045
1,260
Total Current Liabilities
1,626
1,272
1,736
Payables & Accruals
- -
- -
- -
ST Debt
1,174
752
744
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.95%
17.03%
23.15%
Free Cash Flow
431.46%
804.71%
166.47%
Net Income, GAAP
76.54%
24.66%
27.54%
Sales/Revenue/Turnover
10.03%
13.71%
-2.57%
Total Cash Common Dividend
- -
32.83%
58.89%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,302
1,419
1,684
1,465
5,870
2025
1,515
1,350
1,270
1,585
5,719
2026
1,318
1,611
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.82
0.92
1.08
0.92
3.92
2025
1
1.15
1.17
1.45
4.76
2026
0.93
1.57
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.25
2025
- -
- -
- -
- -
1.89
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wen Pin Su
Full Time Employees
256
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 369 Yunlin Road Douliu NTP Taiwan 640101
IPO Date
Mar 31, 1998
Business
Dah San Electric Wire & Cable Corp. (1615.TW) manufactures and sells power cables, communication cables, electronic wires, and bare copper wires. The company produces low-, medium-, and high-voltage power cables including crosslinked polyethylene (XLPE) and polyvinyl chloride (PVC) insulated cables and wires; PVC flexible cords; PVC-insulated and PVC-sheathed portable cords; signal control cables; flame-retardant cables; heat-resistant, alarm, and control cables; coaxial cables; local area network (LAN) cables; PVC-insulated wires; flat ribbon cables; shielded wires; computer wires; power supply cords; and bare copper products such as hard-drawn copper wire, hard-drawn stranded copper, annealed copper, and tinned stranded copper wires. It also provides technical and engineering services encompassing circuit design, wiring and construction engineering, cable ending and jointing, and maintenance for high-voltage power cable circuits; and engages in residential and building development for lease and sale. Dah San operates primarily in the electrical equipment and parts industry with segments in electrical wire and cable, jointing engineering, construction, and others, serving customers including Taiwan Power Company (Taipower), construction firms, and government agencies in Taiwan, Japan, and other international markets. Founded in 1953 as a predecessor entity and renamed Dah San Electric Wire & Cable Co., Ltd. in 1974, the company is headquartered at No. 369, Section 3, Yunlin Road, Douliu City, Yunlin County, Taiwan. In recent developments, Dah San secured a significant contract exceeding TWD 20 billion in Taipower's 161kV crosslinked PE cable tender for the resilient grid program in September 2025, alongside peers like Hepco and Huadeng, reflecting strong demand for grid upgrades. The company expanded its northern Taiwan presence by establishing a sales office in Taoyuan to target low-voltage cables for construction and mid-to-high-voltage products for state agencies, contributing to record second-quarter profits in 2025. These strategic moves align with ongoing Taipower procurements and infrastructure growth, bolstering its order backlog amid rising power needs.