Pan-International Industrial Corp.

Pan-International Industrial Corp.

TTWSE:2328
53.60
TWD
-0.70
(-1.29%)
0.37EPS
115.04P/E
25.63BMarket Cap
Nov 18Next Earn
Pan-International Industrial Corp.
TWSE:2328
(Taiwan Stock Exchange)

Recent

price

53.60

P/E

ratio

115.04

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
30.24
30.15
33.89
29.83
33.15
36.88
36.09
50.62
52.4
49.39
39.64
46.74
50.66
49.45
42.1
42
38.31
Revenue per Share
0.64
-0.47
0.77
0.63
0.4
0.55
2.15
1.33
2.29
1.99
1.28
1.87
2.55
2.42
2
1.56
0.43
Basic EPS, GAAP
-0.19
-0.36
-0.96
0.81
2.82
-1.65
2.49
-0.71
2.13
4.13
2.69
-0.82
0.6
6.96
- -
0.79
0.3
Free Cash Flow per Basic Share
0.28
0.29
- -
0.29
0.3
0.28
0.35
0.7
0.8
1.1
1
0.65
1
1.4
1.3
1.1
- -
Dividend per Share
24.07
18.24
19.39
19.26
20.24
19.33
19.77
20.28
21.09
21.14
21.54
23.94
24.89
25.86
27.55
28.77
28.2
Book Value per Share
23.98
18.15
19.25
19.12
20.09
19.19
19.7
20.2
21.02
21.07
21.47
23.87
24.81
25.76
27.42
28.63
27.62
Tangible Book Value per Share
516
517
517
518
518
513
510
518
518
518
518
518
518
518
518
518
521
Basic Weighted Avg Shares
15,601
15,579
17,523
15,460
17,181
18,934
18,412
26,238
27,161
25,601
20,548
24,226
26,257
25,634
21,821
21,771
19,957
Sales/Revenue/Turnover
2.96
0.43
5.13
1.85
1.75
1.69
0.67
4
4.27
4.62
4.58
5.72
6.93
6.24
5.88
5.24
2.45
Operating Margin (%)
284
255
677
688
719
783
637
443
344
424
399
417
603
632
687
667
703
Depreciation Expense
330
-242
399
325
209
284
1,099
691
1,185
1,029
663
967
1,322
1,257
1,037
808
224
Net Income, GAAP
23.24
134.86
27.52
29.19
35.84
35.15
12.41
24.21
23.37
24.64
33.75
24.97
23.83
19.11
18.06
31.68
64.57
Effective Tax Rate (%)
2.12
-1.55
2.28
2.11
1.22
1.5
5.97
2.63
4.36
4.02
3.23
3.99
5.04
4.9
4.75
3.71
1.12
Profit Margin (%)
4,999
4,695
4,333
5,582
6,537
5,961
5,820
6,381
6,817
7,251
7,717
8,475
9,078
9,122
9,958
11,097
10,226
Working Capital
- -
- -
1,425
1,188
712
237
- -
- -
- -
216
148
86
100
61
185
95
158
LT Debt
13,624
10,741
11,416
11,380
11,952
11,317
11,611
11,991
12,513
12,578
12,788
14,094
14,769
15,348
16,486
17,253
17,259
Total Equity
2.29
0.11
4.42
1.46
1.4
1.52
0.85
6.13
6.52
6.1
4.15
6.8
8.32
7.41
5.83
4.18
0.98
Return on Invested Capital (%)
1.45
-3.24
2.04
1.55
0.48
0.79
7.4
4.23
7.46
6.52
3.85
5.22
6.77
6.22
5.18
4.05
1.52
Return on Capital (%)
2.57
-2.21
4.1
3.25
2.05
2.8
10.94
6.66
11.06
9.4
6
8.2
10.45
9.55
7.49
5.54
1.61
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,153
915
1,135
LT Borrowings
- -
- -
- -
LT Finance Leases
95
156
158
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
518
518
518
Market Capitalization
25,762
22,289
25,632

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,403
17,020
17,735
Cash, Cash Equivalents & STI
7,374
7,987
6,929
Accounts Receivable, Net
5,177
4,319
5,598
Inventories
3,500
4,041
4,332
Total Current Liabilities
6,307
5,969
7,509
Payables & Accruals
- -
- -
- -
ST Debt
1,153
915
1,135
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.34%
6.2%
4.66%
Free Cash Flow
3,450.04%
7,043.95%
34,568.87%
Net Income, GAAP
31.05%
7.61%
-22.04%
Sales/Revenue/Turnover
2.66%
1.76%
-0.23%
Total Cash Common Dividend
20.55%
7.27%
-15.38%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,658
5,446
6,011
5,706
21,821
2025
5,715
5,733
5,371
4,952
21,771
2026
4,252
5,381
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.53
0.56
0.59
2
2025
0.42
0.47
0.33
0.34
1.56
2026
-0.16
-0.08
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.3
2025
- -
- -
- -
- -
1.1
2026
- -
- -
- -
- -
- -
Business
Pan-International Industrial Corp. (2328:TT) provides electronic manufacturing services principally through the design, development, manufacture and sale of electronic components and assemblies to technology companies worldwide. The company offers bulk wires and cables; electronic signal cables; connector systems; wire harnesses and cable assemblies; precision molds; plugs and sockets for telecommunication, wireless Bluetooth and computer peripherals; printed circuit boards (PCBs); PCB assemblies (PCBAs); flex-circuit assemblies; plastic injection molding components; automotive low-voltage harnesses and high-voltage cables for electric vehicles; medical device cables and related products; industrial control products; smart in-vehicle equipment; and turnkey solutions including engineering and logistics services across automotive, communications, portable energy, industrial, healthcare, computing, cloud, consumer and lifestyle markets. Pan-International Industrial Corp. operates manufacturing facilities in Taiwan, Mainland China, Hong Kong, Malaysia, Thailand and the United States with sales offices in Taiwan and the USA; the company was founded in 1971 and is headquartered in New Taipei City, Taiwan. It maintains a majority stake of 51.42% in subsidiary P.I.E. Industrial Corp. and upholds a commitment to corporate social responsibility by expanding supplier partnerships, adding 35 new suppliers in 2024 while emphasizing sustainable supply chain practices, energy reduction and community support; recent financials reflect ongoing operations with TWD12.99 billion in electronic component sales and TWD8.83 billion in consumer electronics and computer peripherals for fiscal 2024 alongside a workforce of approximately 14,000 employees.