Yulon Motor Co.,Ltd

Yulon Motor Co.,Ltd

TTWSE:2201
29.15
TWD
+0.30
(+1.04%)
3.09EPS
30.29P/E
28.90BMarket Cap
Nov 06Next 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
98.48
127.81
129.73
118.96
99.69
93.48
88.15
83.26
78.77
77.79
81.07
81.9
69.09
67.38
Basic EPS, GAAP
2.52
2.35
3.55
1.42
2.43
2.16
-25.21
2.76
4.76
-4.74
4.63
3.78
0.93
0.9
Free Cash Flow per Basic Share
-9.82
-19.53
-12.86
-12.57
-26.79
-47.28
-32.43
0.61
-22.38
-31.55
-14.74
16
15.58
10.83
Dividend per Share
1.84
2.17
2.24
2.59
2.13
2.21
2.22
1.23
2.17
2.94
2.96
3.61
3.03
2.9
Book Value per Share
67.32
69.6
71.07
69.31
70.03
71.89
45.57
48.46
52.35
47.85
56.39
60.29
59.53
60.65
Tangible Book Value per Share
63.93
62.25
64.6
63.22
63.19
60.38
38.84
47.66
51.68
47.15
55.41
59.29
58.64
59.75
Basic Weighted Avg Shares
942
942
943
942
942
942
971
991
991
991
1,013
1,047
1,047
1,056
Sales/Revenue/Turnover
92,814
120,452
122,341
112,114
93,955
88,097
85,559
82,494
78,048
77,079
82,121
85,776
72,355
71,162
Operating Margin (%)
-0.4
0.26
0.12
1.94
1.9
5.1
-11.2
4.52
12.52
17.04
16.28
13.42
12.19
12.23
Depreciation Expense
6,625
6,845
7,347
7,585
7,480
8,920
10,270
10,769
10,263
11,007
12,020
12,106
11,671
10,998
Net Income, GAAP
2,371
2,210
3,352
1,335
2,288
2,037
-24,465
2,739
4,716
-4,697
4,691
3,955
979
948
Effective Tax Rate (%)
30.73
22.19
17.28
41.93
25.61
28.56
- -
15.44
20.16
186.07
21.29
25.83
32.1
28.09
Profit Margin (%)
2.55
1.84
2.74
1.19
2.44
2.31
-28.59
3.32
6.04
-6.09
5.71
4.61
1.35
1.33
Working Capital
-782
-3,883
3,535
-797
10,595
14,037
1,341
14,177
8,287
17,211
14,544
10,762
290
-1,698
LT Debt
1,282
769
4,973
928
12,953
19,379
20,032
29,379
20,390
25,096
19,558
19,241
10,036
8,051
Total Equity
77,379
80,149
81,182
79,063
79,121
84,424
57,081
64,875
70,700
72,512
88,752
94,111
93,903
95,132
Return on Invested Capital (%)
-0.19
0.16
0.07
0.7
0.66
0.58
- -
-0.42
2.04
-2.83
2
1.55
1.19
1.34
Return on Capital (%)
1.85
1.15
1.89
0.59
0.85
0.24
- -
0.5
0.75
-2.81
0.4
0.38
-0.37
-0.4
Return on Common Equity (%)
3.57
3.21
4.74
1.89
3.27
2.85
-41.42
5.79
9.3
-9.32
8.68
6.38
1.54
1.51

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
227,332
230,110
229,457
LT Borrowings
8,550
9,013
6,488
LT Finance Leases
1,486
1,606
1,563
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,062
1,062
1,062
Market Capitalization
35,221
28,899
28,899

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
257,377
258,395
257,599
Cash, Cash Equivalents & STI
19,142
19,948
18,836
Accounts Receivable, Net
163,680
1,416
163,183
Inventories
10,419
10,463
9,988
Total Current Liabilities
257,087
257,094
259,297
Payables & Accruals
- -
- -
- -
ST Debt
227,332
230,110
229,457
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.52%
7.95%
-0.22%
Free Cash Flow
-393.74%
-798.68%
-2.66%
Net Income, GAAP
-183.02%
-83.65%
-75.24%
Sales/Revenue/Turnover
-4.85%
-2.26%
-15.65%
Total Cash Common Dividend
8.65%
25.09%
-16.09%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20,750
22,978
21,280
20,758
85,776
2025
17,588
17,975
18,273
18,519
72,355
2026
16,975
17,394
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
1.16
1.22
0.56
3.78
2025
0.42
0.11
0.24
0.16
0.93
2026
0.35
0.15
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
3.5
0.03
3.61
2025
- -
- -
2.83
0.03
3.03
2026
- -
- -
- -
- -
- -

Company Description

CEO
Kuo Hsing Hsu
Full Time Employees
1,088
Sector
Consumer durables
Industry
Motor vehicles
Address
No. 39-1, Bogongkeng Miaoli MIA Taiwan 367
IPO Date
Jul 8, 1976
Business
Yulon Motor Company Ltd. (2201.TW) manufactures and markets automobiles, related parts and components in Taiwan, China and the Philippines. The company operates through Brand, Supporting, Horizontal, Taiwan Retail, China Retail, and Others segments, offering Nissan passenger vehicles including Cefiro and Sentra models; Infiniti luxury vehicles; Luxgen brand passenger cars featuring intelligent technology; recreational vehicles, small- and medium-sized cars, electric vehicles, sports cars, sport utility vehicles, multi-purpose vehicles; vehicle assembly, maintenance, repair, leasing, insurance, second-hand sales, car loans and towing services; electric vehicle components, car interiors, seats, batteries and energy storage products; multi-brand original equipment manufacturing services. Yulon Motor provides wholesale and retail of vehicle spare parts, installment financing for cars and trucks, metal casting, construction, equipment leasing, second-hand vehicle authentication, heavy vehicle maintenance, information processing, consulting on cars and electronics, computer software maintenance and real estate leasing. Founded in 1953 and headquartered in Miaoli County, Taiwan, the company changed its name from Yulon Machinery Manufacturing Co., Ltd. in 1960 and maintains operations primarily in Taiwan with extensions to Southeast Asia. Recent developments include the launch of the MG G50+ model leveraging group synergies, upgrades to painting processes for enhanced production efficiency, development of battery module assembly lines for energy storage expansion and contract manufacturing growth; ongoing rumors and investor briefings regarding potential acquisition of the Luxgen brand by Foxtron Vehicle Technologies, the joint venture with Foxconn (Hon Hai), which operates the MIH electric vehicle open platform to bolster electric vehicle competitiveness; and strategic focus on new energy manufacturing, electrification and high value-added energy technologies amid Taiwan's auto market conditions.