Elitegroup Computer Systems Co., Ltd.

Elitegroup Computer Systems Co., Ltd.

TTWSE:2331
17.95
TWD
-0.15
(-0.83%)
1.01EPS
21.25P/E
11.96BMarket Cap
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
97.1
111.53
86.81
53.72
53.73
57.04
50.76
46.64
57.3
56.27
35.42
31.39
36.08
39.17
Basic EPS, GAAP
5.55
2.77
2.07
-1.7
0.4
0.04
0.08
0.11
0.13
1.57
1.82
-0.16
1.41
1.01
Free Cash Flow per Basic Share
1.29
-0.49
8.44
0.72
0.73
-2.04
1.71
-1.28
-4.14
9.23
2.65
- -
0.09
-0.98
Dividend per Share
0.91
4.39
5
2
- -
1
- -
- -
1
- -
0.8
1
0.21
- -
Book Value per Share
32.77
28.87
25.75
21.19
20.82
19.75
19.64
19.76
18.73
20.7
21.61
21.07
19.31
19.4
Tangible Book Value per Share
31.64
27.72
24.61
20.07
19.69
18.62
18.54
18.68
17.66
19.6
20.49
19.94
18.2
18.27
Basic Weighted Avg Shares
653
501
557
557
557
557
557
557
557
557
557
557
557
560
Sales/Revenue/Turnover
63,442
55,895
48,387
29,946
29,947
31,796
28,291
25,996
31,938
31,364
19,742
17,496
20,112
21,935
Operating Margin (%)
1.79
2.89
3.2
-5.98
-0.01
-1.02
0.05
0.16
-0.81
1.07
2.96
-2.95
0.32
0.21
Depreciation Expense
988
858
766
615
489
491
701
650
685
702
618
530
511
507
Net Income, GAAP
3,624
1,386
1,151
-945
222
20
46
62
72
875
1,014
-90
788
565
Effective Tax Rate (%)
12.92
36.08
34.23
- -
40.36
24.87
39.84
84.27
44.63
26.08
21.12
- -
33.58
13.63
Profit Margin (%)
5.71
2.48
2.38
-3.16
0.74
0.06
0.16
0.24
0.22
2.79
5.13
-0.52
3.92
2.58
Working Capital
10,888
9,084
8,081
5,673
5,951
5,051
4,664
5,744
5,298
6,453
7,258
2,541
4,110
4,611
LT Debt
- -
- -
- -
6
4
3
660
441
253
48
613
543
375
341
Total Equity
18,386
16,218
14,454
11,976
11,760
11,171
11,019
11,087
10,512
11,548
12,053
11,757
10,775
10,825
Return on Invested Capital (%)
15.94
5.09
5.53
- -
-0.01
-1.86
0.06
0.05
-1.14
1.71
3.5
- -
0.32
0.31
Return on Capital (%)
17.22
7.41
6.75
- -
1.86
0.59
0.77
0.52
0.53
7.47
8.06
- -
6.23
4.92
Return on Common Equity (%)
19.4
8.09
7.56
-7.22
1.89
0.18
0.42
0.57
0.67
7.96
8.6
-0.76
7
5.24

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,527
1,752
1,491
LT Borrowings
- -
- -
- -
LT Finance Leases
375
356
341
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
557
557
557
Market Capitalization
12,346
11,622
11,956

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,274
15,373
14,488
Cash, Cash Equivalents & STI
9,328
9,929
9,211
Accounts Receivable, Net
2,947
2,109
2,298
Inventories
2,514
2,952
2,668
Total Current Liabilities
11,164
11,084
9,877
Payables & Accruals
- -
- -
- -
ST Debt
1,527
1,752
1,491
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-2.65%
-0.35%
-8.35%
Free Cash Flow
79.69%
325.02%
1,895.23%
Net Income, GAAP
-16.12%
15.05%
-970.65%
Sales/Revenue/Turnover
- -
-2.49%
14.95%
Total Cash Common Dividend
- -
- -
-78.95%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,459
4,991
4,737
4,309
17,496
2025
3,554
5,375
5,632
5,551
20,112
2026
5,003
5,749
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.06
-0.05
-0.24
-0.16
2025
1.02
-0.1
0.51
-0.03
1.41
2026
0.11
0.41
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
0.21
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chin Lai Wang
Full Time Employees
1,216
Sector
Electronic technology
Industry
Computer processing hardware
Address
No. 239, Ti Ding Boulevard Taipei TP Taiwan 11493
IPO Date
Sep 21, 1994
Website
ecs.com.tw
Business
Elitegroup Computer Systems Co., Ltd. (2331.TW) designs, manufactures, and sells computer equipment and related products worldwide. Founded in 1987 and headquartered in Taipei City, Taiwan, the company offers a broad portfolio including Intel and AMD platform motherboards, SoC solutions; LIVA mini PCs such as Z series, One series, and PRO models supporting Intel Core Ultra, AMD Ryzen AI processors, up to four 4K displays, dual SSDs, DDR5 memory, and features like USB4, dual LAN for edge computing, digital signage, and smart offices; commercial and education laptops including AI-powered UP42PW 14-inch and UP52PW 15.3-inch models with AMD and Snapdragon processors in metal chassis; all-in-one PCs, gaming PCs, notebook computers, tablet computers, barebone systems, graphics cards, and IPC motherboards and systems; as well as EV AC chargers, customized computer programming, hardware/software design services, computer peripherals, PCBs, and maintenance support. Elitegroup operates production facilities in Shenzhen and Suzhou, China, and Juarez, Mexico, serving OEM customers such as Lenovo, HP, and Acer across Asia, America, Europe, and other regions, with a strategic shift since the 2010s toward OEM motherboards and mini-PCs over consumer DIY products. In recent developments, Elitegroup showcased AI-enhanced product lineups at Computex 2025 and CES 2025, including new LIVA Z11 PLUS, Z10 PLUS, Z8 PLUS, Z6 PLUS, Z4 mini PCs with Intel LGA1851 and AMD AM5 sockets supporting 96GB DDR5 RAM, enterprise features like vPro and TPM 2.0, alongside LEET gaming motherboards and lightweight commercial notebooks to address AI, IoT, and edge computing demands. The company reported third-quarter 2025 earnings with EPS of NT$0.51, marking improved profitability versus prior-year losses, amid ongoing focus on innovative, environmentally friendly designs and total hardware solutions.