CUB Elecparts, Inc.

CUB Elecparts, Inc.

TTWSE:2231
87.00
TWD
-1.00
(-1.14%)
-2.35EPS
13.73BMarket Cap
Nov 17Next 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
11.06
15.53
20.04
24.18
24.9
28.34
28.44
24.01
31.88
29.51
31.22
33.15
26.58
28.42
Basic EPS, GAAP
2.68
5.37
7.95
7.9
7.16
7.66
6.79
1.76
4.03
4.7
3.2
3.37
-1.63
-1.03
Free Cash Flow per Basic Share
2.28
3.43
5.82
7.87
2.71
4.18
3.23
-0.1
0.8
5.67
-8.84
-2.72
-6.28
-5.5
Dividend per Share
1.81
2.7
4.14
5.33
5.55
5.35
6.25
6.01
1.15
0.91
2.27
3.1
1.44
-0.8
Book Value per Share
10.16
13.93
17.77
20.29
21.74
24.87
28.42
21.71
25.04
29.08
29.93
30.48
24.77
24.92
Tangible Book Value per Share
9.83
13.52
17.35
16.7
18.17
21.32
25.03
18.22
19.38
23.58
24.7
25.4
20.1
20.36
Basic Weighted Avg Shares
136
139
141
141
141
142
144
139
128
134
141
141
137
121
Sales/Revenue/Turnover
1,499
2,155
2,822
3,417
3,520
4,024
4,095
3,340
4,080
3,958
4,398
4,671
3,654
3,439
Operating Margin (%)
27.51
38.09
44.26
39.66
36.98
30.86
28.94
11.6
15.38
11.92
10.95
6.55
-2.44
-4.45
Depreciation Expense
86
89
106
127
149
164
182
187
236
262
283
274
281
259
Net Income, GAAP
364
745
1,120
1,116
1,012
1,088
978
245
516
630
451
475
-224
-125
Effective Tax Rate (%)
15.13
15.33
13.94
16.95
16.67
18.87
17.79
14.47
16.28
26.23
30.14
24.7
- -
- -
Profit Margin (%)
24.27
34.58
39.7
32.66
28.74
27.04
23.88
7.32
12.64
15.91
10.25
10.17
-6.12
-3.63
Working Capital
816
1,064
1,782
2,158
1,222
1,339
1,946
1,962
2,400
3,192
3,699
2,506
2,162
1,260
LT Debt
210
3
207
690
27
- -
112
1,193
1,120
2,129
2,551
1,470
2,574
1,933
Total Equity
1,419
1,992
2,537
3,243
3,588
4,001
4,530
3,569
4,661
5,167
5,252
5,616
4,445
4,384
Return on Invested Capital (%)
22.38
35.5
41.79
25.29
18.16
16.77
15.68
5.17
6.73
3.95
3.6
2.38
- -
- -
Return on Capital (%)
23.9
39.71
45.53
26.23
18.47
19.66
17.26
4.11
7.83
9.91
6.99
4.97
- -
- -
Return on Common Equity (%)
28.16
44.54
50.18
41.54
34.06
32.93
25.56
6.82
15.68
16.53
10.85
11.16
-5.84
-3.65

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,706
2,832
3,242
LT Borrowings
2,554
2,389
1,917
LT Finance Leases
21
17
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
136
136
136
Market Capitalization
12,628
16,855
13,729

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,048
5,910
5,595
Cash, Cash Equivalents & STI
1,448
1,348
994
Accounts Receivable, Net
1,240
1,243
1,256
Inventories
1,669
1,693
1,728
Total Current Liabilities
3,886
3,872
4,335
Payables & Accruals
- -
- -
- -
ST Debt
2,706
2,832
3,242
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.12%
5.84%
-20.85%
Free Cash Flow
-50.53%
-81.17%
125.45%
Net Income, GAAP
-12.45%
-7.43%
-147.12%
Sales/Revenue/Turnover
3.64%
2.94%
-21.77%
Total Cash Common Dividend
8.67%
9%
-54.68%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,063
982
1,153
1,473
4,671
2025
882
820
900
1,053
3,654
2026
760
727
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.92
0.13
0.6
1.72
3.37
2025
0.7
-1.05
0.28
-1.59
-1.63
2026
0.4
-0.01
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.1
0.01
3.1
2025
- -
- -
- -
-0.71
1.44
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shan Chuan Yu
Full Time Employees
257
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 6, Changlu Road Changhua CHA Taiwan 50648
IPO Date
Mar 25, 2009
Business
Cub Elecparts Inc. manufactures and supplies automobile electrical and electronic parts for OEM and aftermarket applications worldwide. The company offers advanced driver assistance systems (ADAS); tire pressure monitoring sensors (TPMS), including programmable universal replacement (PUR-TPMS) and retrofit solutions; various automotive sensors such as vehicle speed sensors (VSS), wheel speed sensors (ABS), camshaft position sensors (CMP), and crankshaft position sensors (CKP); switches including ignition, turn signal, power window, headlight, A/C heater blower/fan control, oil pressure, brake light, seat, and combination switches; aftermarket service parts; and other engine electrical and automotive electronic components. Founded in 1979 and headquartered in Fuhsin Township, Changhua County, Taiwan, Cub Elecparts operates primarily in Taiwan, China, the United States, Germany, and other international markets, with approximately 257 employees and a focus on IATF 16949-certified production processes. In 2024, the company advanced its diversification strategy by cooperating with subsidiary 3S System Technology Inc. on a public offering plan, including share release to support expanded operations, and appointed new independent directors effective May 2024 to strengthen governance through May 2025.