1. Taiwan Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Yulon Nissan Motor Co., Ltd.

Yulon Nissan Motor Co., Ltd.

TTWSE:2227
42.40
TWD
-0.10
(-0.24%)
-0.24EPS
14.85BMarket Cap
Nov 10Next Earn
Yulon Nissan Motor Co., Ltd.
TWSE:2227
(Taiwan Stock Exchange)

Recent

price

42.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
91.52
107.05
97.12
104.95
110.59
110.73
116.2
110.74
104.19
108.33
98.87
82.23
78.69
87.12
77.11
50.44
45.33
Revenue per Share
9.61
12.77
16.46
24.33
21.75
13.89
15.44
22.14
19.63
24.27
21.8
10.09
8.04
3.87
5.57
1.3
-0.24
Basic EPS, GAAP
2.51
23.29
9.94
0.37
-3.65
-5.35
-4.68
5.47
2.84
-5.49
0.59
-1.83
-7.61
3.72
-1.91
0.39
-0.88
Free Cash Flow per Basic Share
- -
5.6
10.2
13.3
19.47
30
12.5
22
21
17.67
21.27
18.53
9.06
7.22
3.48
3.9
- -
Dividend per Share
57.22
65.03
68.72
83.47
89.77
73.18
71.85
70.65
68.19
71.91
72.25
63.34
64.07
59.11
64.23
60.3
59.13
Book Value per Share
57.22
64.99
68.68
83.44
89.73
73.14
71.79
70.58
68.11
71.84
72.12
63.26
63.89
58.97
64.11
60.17
59.02
Tangible Book Value per Share
300
300
300
300
300
300
300
300
300
300
300
300
300
300
300
300
301
Basic Weighted Avg Shares
27,456
32,115
29,135
31,486
33,177
33,218
34,860
33,222
31,258
32,499
29,661
24,668
23,607
26,136
23,132
15,132
13,625
Sales/Revenue/Turnover
1.84
3.27
1.76
5.82
2.37
3.72
3.45
6.25
4.28
4.2
1.01
0.5
0.48
0.45
0.26
-4.05
-5.05
Operating Margin (%)
592
486
516
469
452
438
448
488
416
498
657
692
608
401
309
282
312
Depreciation Expense
2,884
3,832
4,939
7,300
6,524
4,166
4,631
6,643
5,890
7,282
6,541
3,026
2,411
1,161
1,670
390
-71
Net Income, GAAP
13.77
16.67
19.05
17.11
18.72
16.68
17.1
17
23.27
20.09
19.85
20.38
20.33
21.08
18.52
26.09
- -
Effective Tax Rate (%)
10.5
11.93
16.95
23.18
19.66
12.54
13.28
19.99
18.84
22.41
22.05
12.27
10.21
4.44
7.22
2.58
-0.52
Profit Margin (%)
2,548
11,114
11,805
12,963
9,894
5,324
6,533
6,238
5,041
11,292
5,816
2,882
3,252
7,046
6,808
5,446
5,067
Working Capital
- -
- -
- -
1,000
- -
- -
- -
- -
- -
670
631
637
605
558
512
475
459
LT Debt
17,165
19,508
20,615
25,040
26,931
21,955
21,554
21,195
20,457
21,573
21,675
19,001
19,221
17,732
19,268
18,091
17,739
Total Equity
2.67
4.73
0.62
6.06
2.11
3.54
3.82
7.29
4.8
4.94
1.04
0.45
0.45
0.48
0.26
-2.35
- -
Return on Invested Capital (%)
17.79
20.9
24.5
29.56
22.14
14.88
18.27
28.68
28.29
34.09
29.35
14.45
12.22
6.11
8.78
2.05
- -
Return on Capital (%)
17.78
20.9
24.62
31.98
25.11
17.04
21.29
31.08
28.28
34.65
30.25
14.88
12.61
6.28
9.03
2.09
-0.42
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
46
43
39
LT Borrowings
- -
- -
- -
LT Finance Leases
475
466
459
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
300
Market Capitalization
16,650
14,985
14,850

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,115
7,156
7,242
Cash, Cash Equivalents & STI
6,381
6,218
6,177
Accounts Receivable, Net
190
379
640
Inventories
- -
- -
- -
Total Current Liabilities
1,669
1,673
2,174
Payables & Accruals
- -
- -
- -
ST Debt
46
43
39
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.74%
-3.28%
-6.11%
Free Cash Flow
-119.71%
-103.16%
-120.36%
Net Income, GAAP
-10.2%
-31.74%
-76.66%
Sales/Revenue/Turnover
-6.69%
-11.3%
-34.58%
Total Cash Common Dividend
-10.64%
-24.81%
12.07%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,596
5,917
5,263
4,356
23,132
2025
4,552
3,671
3,510
3,399
15,132
2026
3,159
3,557
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2
1.28
0.34
1.95
5.57
2025
-0.52
-0.55
0.82
1.54
1.3
2026
-0.89
-1.71
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.48
2025
- -
- -
- -
- -
3.9
2026
- -
- -
- -
- -
- -
Similar Companies
Tesla, Inc. (NASDAQ:TSLA)
Bajaj Auto Limited (NSE:BAJAJ_AUTO)
NIO Inc. (NYSE:NIO)
Rivian Automotive, Inc. (NASDAQ:RIVN)
Maruti Suzuki India Limited (NSE:MARUTI)
Tata Motors Passenger Vehicles Ltd (NSE:TMPV)
Business
Yulon Nissan Motor Co., Ltd. (2227.TW) engages in the research, development, design, marketing, sales and after-sales service of Nissan- and Infiniti-brand vehicles in Taiwan and select international markets including the Philippines and China; core products encompass sedans such as Sentra and Altima, SUVs including X-Trail, Kicks and Ariya electric vehicle, e-POWER hybrid models like X-Trail e-POWER and Kicks e-POWER, commercial vehicles, diesel trucks and chassis, related spare parts, accessories and certified pre-owned vehicles; the company operates through a full value chain excluding manufacturing, which is handled by affiliates, and maintains joint ventures with Dongfeng Motor for China market development via Guangzhou Fengshen Automobile and Fengshen Xiangyang Automobile plants. Founded on October 22, 2003, as a joint venture between Yulon Motor Co., Ltd. (16.55% stake) and Nissan Motor Co., Ltd. (42.69% stake), Yulon Nissan Motor is headquartered at No. 39-2, Bogongkeng, Xihu Village, Sanyi Township, Miaoli County, Taiwan, with approximately 376 employees and subsidiaries focused on overseas investments. Recent developments include the 2024 launches of Kicks 24MY with TNCAP 5-star safety and AVM 360-degree view, All New Sentra MC with ProPILOT Level 2 assisted driving and 10 upgrades, All New X-Trail 25MY featuring VC-Turbo 1.5T engine, PFCW/RR-AEB safety and wireless Apple CarPlay/Android Auto, Infiniti Q50 24MY with V6 engine emphasis, alongside ARIYA electric SUV pre-orders exceeding 130 units and X-Trail e-POWER orders surpassing 3,000 units by April 2024; the company advances digital transformation via NISSAN Care APP, Service PAD, Customer Data Platform for online purchasing, OMO (online-merge-offline) integration and CPO platform with nationwide warranties driving 154% sales growth; service expansion targets 80 shops equipped for EV/e-POWER by 2025 with NT$12 million investment, aligning with Nissan's Arc strategy for 30 new models, 1 million extra sales volume and 6%+ operating margin; in November 2025, parent Yulon announced a strategic partnership with Hon Hai (Foxconn) involving Foxtron's potential acquisition of Luxgen assets to enhance electric vehicle competitiveness using global supply chains.