1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Shining Victory Motor Electronic Co., Ltd.

Shining Victory Motor Electronic Co., Ltd.

TTWSE:2248
59.20
TWD
+0.20
(+0.34%)
7.21EPS
7.60P/E
2.62BMarket Cap
Nov 17Next Earn
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
19.4
- -
22.1
20.31
15.05
16.53
22.06
29.7
45.9
49.41
44.38
52.52
Basic EPS, GAAP
2.24
- -
3.15
2.53
0.49
-0.05
2.28
2.65
3.29
6.42
5.32
7.23
Free Cash Flow per Basic Share
1.35
- -
1.84
4.62
2.44
-1.06
-0.89
-1.02
0.17
6.54
0.9
1.2
Dividend per Share
- -
1.53
- -
0.85
0.91
0.59
- -
0.71
0.81
0.94
2.79
- -
Book Value per Share
13.07
- -
16.51
17.87
16.82
16.39
18.53
20.86
23.03
29.38
34.9
37.04
Tangible Book Value per Share
13.02
- -
16.28
17.67
16.61
16.25
18.38
20.75
22.76
29.18
34.8
36.99
Basic Weighted Avg Shares
42
42
41
42
42
42
42
42
42
42
47
48
Sales/Revenue/Turnover
815
- -
896
853
632
694
927
1,247
1,928
2,075
2,065
2,500
Operating Margin (%)
12.55
- -
16.65
13.57
-0.27
-2.05
3.04
5.46
7.54
16.04
14.98
16.59
Depreciation Expense
31
- -
41
37
49
45
43
49
63
54
56
61
Net Income, GAAP
94
- -
128
106
20
-2
96
111
138
270
248
344
Effective Tax Rate (%)
18.82
- -
17.58
10.43
24.4
- -
10.78
10.23
16.86
23.89
19.09
18.47
Profit Margin (%)
11.57
- -
14.23
12.45
3.23
-0.3
10.35
8.91
7.16
13
11.99
13.77
Working Capital
255
- -
391
403
353
328
365
419
527
716
1,048
1,042
LT Debt
- -
- -
- -
- -
12
7
5
9
2
2
1
- -
Total Equity
549
- -
694
750
706
689
779
876
967
1,234
1,661
1,763
Return on Invested Capital (%)
- -
- -
34.03
11.93
-0.01
- -
2.63
5.04
8.27
15.34
12.08
15.37
Return on Capital (%)
- -
- -
36.09
13.54
2.5
- -
11.04
10.33
10.98
17.72
13.2
16.63
Return on Common Equity (%)
- -
- -
36.78
14.71
2.8
-0.3
13.08
13.44
14.98
24.51
17.1
21.98

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
425
481
638
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
48
48
48
Market Capitalization
2,321
2,294
2,618

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,384
2,516
2,812
Cash, Cash Equivalents & STI
715
717
875
Accounts Receivable, Net
879
843
930
Inventories
339
363
352
Total Current Liabilities
1,336
1,374
1,770
Payables & Accruals
- -
- -
- -
ST Debt
425
481
638
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
19.63%
34.65%
Free Cash Flow
- -
687.54%
-84.71%
Net Income, GAAP
- -
-916.77%
-8.23%
Sales/Revenue/Turnover
- -
25.96%
-0.48%
Total Cash Common Dividend
- -
- -
231.02%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
409
517
549
600
2,075
2025
456
443
508
659
2,065
2026
594
739
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.15
1.93
1.6
1.74
6.42
2025
1.27
0.87
1.24
1.94
5.32
2026
1.87
2.18
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.94
2025
- -
- -
- -
- -
2.79
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Keng Sheng Chen
Full Time Employees
393
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
Room 729, 7F., No. 150, Sec. 2, Nanjing E. Rd., Zhongshan Dist. Taipei TP Taiwan 104
IPO Date
Mar 13, 2025
Website
top-elan.com
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Business
Shining Victory Motor Electronic Co., Ltd. (2248.TWO) manufactures and sells automotive LED interior and exterior lighting products, metal and plastic decorative parts, and electronic components. The Cayman Islands-based investment holding company, founded in 2001 and headquartered in Taipei, Taiwan, operates primarily through subsidiaries including Yilan Auto Parts Manufacturing (Pinghu) Co., Ltd. in Jiaxing, China, Huasheng International Holdings Co., Ltd., E-LAN HOLDING COMPANY, E-LAN CAR COMPONENTS (USA) INC., and Oakwood Yilan Auto Parts Manufacturing Co., Ltd.; its core offerings encompass interior ambience light series such as mood lamps, dome lights, foot lamps, gear lamps, cup holders, and engine keyholes; LED photoelectric series including light pipes and LED sill plates; interior and exterior decoration series with stamping, wire drawing, etching, aluminum oxidation, and light strips; modified car series; camera and lens groups; surround view systems; smart reading light modules; star roofs; and projection lights, with manufacturing processes covering injection molding, stamping, electronic assembly, optical calibration, potting, sealing, and integrated assembly to serve global automotive customers in new energy vehicles and intelligent components sectors across the United States, Southeast Asia, and other international markets. In March 2025, the company listed on the Taiwan Stock Exchange (TWSE) as a newly listed entity under the eLAND brand, marking a significant capital market expansion; it continues to ramp up research and development investments in intelligent automotive components amid rising global new energy vehicle penetration rates, positioning smart reading light modules, star roofs, and projection lights as key growth engines while enhancing its global footprint.