Inventec Corporation

Inventec Corporation

TTWSE:2356
60.50
TWD
-0.80
(-1.31%)
3.26EPS
21.46P/E
238.93BMarket Cap
Nov 06Next 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
128.53
121.42
110.24
119.43
130.32
141.29
139.64
141.69
144.87
151.01
143.48
180.14
192.67
228.11
Basic EPS, GAAP
1.97
1.98
1.55
1.57
1.88
1.81
1.54
2.1
1.82
1.71
1.71
2.03
2.42
3.1
Free Cash Flow per Basic Share
4.96
-1.21
3.63
-0.63
-0.19
-2.15
2.29
0.49
-4.34
4.79
1.78
-3.65
1.22
-5.2
Dividend per Share
0.8
1.6
1.75
1.4
1.45
1.65
1.5
1.3
1.85
1.4
1.5
1.5
1.7
- -
Book Value per Share
15.29
16.05
15.74
15.27
15.52
15.43
15.41
16.16
15.91
16.6
17.04
19.88
21.23
21.65
Tangible Book Value per Share
15.04
15.8
15.5
15.03
15.27
15.19
15.16
15.92
15.64
16.33
16.87
19.7
21.15
21.59
Basic Weighted Avg Shares
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,587
3,585
Sales/Revenue/Turnover
461,092
435,600
395,470
428,466
467,512
506,884
500,953
508,294
519,732
541,751
514,746
646,262
691,190
817,746
Operating Margin (%)
1.63
1.63
1.37
1.91
1.87
1.47
1.28
0.87
0.92
1.23
1.45
1.83
1.84
1.71
Depreciation Expense
5,077
5,036
4,941
4,806
4,821
4,480
4,154
3,854
3,263
2,901
3,512
4,009
4,504
5,269
Net Income, GAAP
7,074
7,098
5,564
5,637
6,755
6,500
5,508
7,548
6,538
6,129
6,131
7,267
8,696
11,126
Effective Tax Rate (%)
30.42
31.15
30.74
29.88
39.65
34.6
25.69
36.47
22.76
15.54
16.78
21.1
22.66
23.22
Profit Margin (%)
1.53
1.63
1.41
1.32
1.44
1.28
1.1
1.48
1.26
1.13
1.19
1.12
1.26
1.36
Working Capital
33,599
24,431
34,806
21,710
25,494
27,212
25,121
32,926
27,543
34,212
22,903
26,944
35,140
30,566
LT Debt
14,243
1,005
11,293
4,064
3,966
3,409
4,860
9,739
4,484
13,376
3,537
10,485
10,917
16,638
Total Equity
61,812
64,423
62,899
60,507
58,931
57,722
56,971
57,891
56,398
58,806
60,258
70,487
76,448
77,964
Return on Invested Capital (%)
5.5
4.87
4.09
6.9
5.75
4.97
5.14
2.94
3.2
4.51
5.24
7.15
6.18
5.9
Return on Capital (%)
8.99
8.52
7.59
8.31
11.14
9.16
8.29
9.8
6.9
7.18
8.69
9.38
8.25
8.63
Return on Common Equity (%)
13.53
12.63
9.76
10.13
12.23
11.71
9.96
13.33
11.36
10.51
10.16
10.97
11.79
15.66

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
78,362
79,932
108,452
LT Borrowings
8,678
8,231
14,425
LT Finance Leases
2,239
2,280
2,213
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,587
3,587
3,587
Market Capitalization
153,903
143,678
238,926

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
271,454
316,622
402,808
Cash, Cash Equivalents & STI
56,575
47,982
57,897
Accounts Receivable, Net
119,658
139,911
195,681
Inventories
76,912
110,177
130,383
Total Current Liabilities
236,314
289,770
372,242
Payables & Accruals
- -
- -
- -
ST Debt
78,362
79,932
108,452
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.14%
5.92%
8.46%
Free Cash Flow
-112.03%
-337.99%
-133.37%
Net Income, GAAP
5.77%
3.72%
19.65%
Sales/Revenue/Turnover
6.02%
6.8%
6.95%
Total Cash Common Dividend
- -
- -
13.33%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
130,506
154,159
163,815
197,782
646,262
2025
157,034
186,577
176,286
171,293
691,190
2026
200,311
269,857
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.3
0.5
0.56
0.66
2.03
2025
0.47
0.61
0.76
0.58
2.42
2026
0.68
1.09
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1.7
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yung Tsai Wu
Full Time Employees
34,712
Sector
Electronic technology
Industry
Computer processing hardware
Address
No.66, Hougang Street Taipei TPE Taiwan 111059
IPO Date
Nov 13, 1996
Business
Inventec Corporation is a leading global technology company specializing in the design and manufacturing of computing devices and electronic products. The company primarily offers a comprehensive portfolio of servers, including general-purpose servers, edge servers, and storage servers; AI servers; rack solutions; network switches for cloud data centers; notebook PCs; desktop PCs; and automotive electronics. Its product lines also include advanced mobility products such as digital cockpits, zonal systems, wireless chargers, and smart key fobs. Inventec serves enterprise data centers, automotive, aerospace, semiconductor, and industrial markets, among others, delivering high-performance computing, AI, and edge computing solutions. The company operates globally with significant presence in Taiwan, China, North America, Europe, and India, serving both large-scale cloud computing providers and specialized industry clients. Founded in 1975 and headquartered in Taipei, Taiwan, Inventec has developed a strong global engineering and supply chain management capability. In the past one to two years, Inventec has undertaken several strategic changes and expansions. It established a joint venture with Dixon Technologies in India focusing on manufacturing notebook PCs, servers, and desktop PC products, combining its global expertise with Dixon's local manufacturing capabilities. Inventec announced significant investments in new manufacturing facilities in the United States (Texas) and Europe (Czech Republic), with the latter including a 30,000 square meter high-tech production center for specialized chips, servers, and IT products, boosting server production capacity by 15%. Inventec also formed strategic collaborations to advance AI-driven smart manufacturing and edge AI solutions, including partnerships with NVIDIA and Solomon for intelligent automation systems, with VicOne and Skymizer for GenAI cybersecurity, and with Ecrio for critical communications in Edge AI. The company has launched innovative AI server platforms for high-performance computing, edge computing, and private 5G network devices tailored for smart factories. It also expanded its AI applications into healthcare with gastrointestinal cancer detection software following its commercial AI wound classification system launch in 2025. These initiatives underscore Inventec's strategic focus on AI, smart manufacturing, IoT, automotive electronics, and digital transformation across multiple sectors. Inventec’s product and service portfolio encompasses electronic manufacturing services including EMS for component/chip carrier manufacturing, surface treatment, and printing circuit boards which support automotive, aerospace, medical, semiconductor, and energy industries. Its expansion includes diversification into AI servers and systems designed for generative AI workloads, thermal innovations, and intelligent edge AI solutions to meet the growing computational demands of AI-era data centers. The company emphasizes sustainability and efficiency through advanced labs and automated production in its supply chain management, reflecting a commitment to environmental citizenship. Inventec’s subsidiaries and joint ventures enhance its regional manufacturing footprint and enable faster delivery and localized support globally. Overall, Inventec Corporation is positioned as a top-tier Original Design Manufacturer (ODM) in the server, PC, and automotive electronics industries with a clear strategic drive toward AI-enabled computing solutions, smart manufacturing, and global expansion in high-tech production facilities. This integrated approach supports diverse markets while leveraging partnerships with technology leaders to maintain innovation leadership and operational scale worldwide.