Clevo Co.

Clevo Co.

TTWSE:2362
48.10
TWD
+0.05
(+0.10%)
6.04EPS
6.86P/E
24.07BMarket 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
27.42
29.04
29.61
30.67
32.48
31.52
35.84
33.85
45.48
37.93
41.66
45.42
35.14
38.25
Basic EPS, GAAP
5.26
3.55
1.57
0.92
1.12
2.32
1.75
1.12
3.03
1.41
1.81
3.02
2.05
6.07
Free Cash Flow per Basic Share
3.12
1.81
-3.05
4.56
1.72
-1.58
1.25
0.48
0.6
5.21
0.48
4.1
-1.26
-0.86
Dividend per Share
2.08
3.28
2.61
1.17
0.74
0.87
1.05
0.42
0.6
2.1
1.5
1.6
2.52
- -
Book Value per Share
72.68
77.54
74.76
67.36
65.79
67.77
65.75
67
70.59
71.41
70.37
76.09
75.01
81.18
Tangible Book Value per Share
72.64
77.46
74.7
67.3
65.74
67.73
65.7
66.95
70.56
71.31
70.29
76.01
74.94
81.09
Basic Weighted Avg Shares
656
656
655
643
643
628
611
598
593
585
585
585
580
578
Sales/Revenue/Turnover
17,988
19,054
19,393
19,720
20,877
19,796
21,901
20,239
26,992
22,197
24,380
26,583
20,399
22,119
Operating Margin (%)
15.77
13.66
12.96
10.62
3.3
7.5
4.01
7.3
7.77
8.98
7.11
8.22
7.89
5.77
Depreciation Expense
167
146
132
130
196
173
300
302
277
318
312
272
262
266
Net Income, GAAP
3,451
2,332
1,029
595
718
1,455
1,069
667
1,796
825
1,060
1,768
1,192
3,513
Effective Tax Rate (%)
30.2
31.12
41.17
49.12
52.05
38.18
38.97
4.2
20.19
7.52
3.81
3.03
5.22
8.94
Profit Margin (%)
19.19
12.24
5.31
3.02
3.44
7.35
4.88
3.3
6.66
3.71
4.35
6.65
5.84
15.88
Working Capital
-5,631
-7,810
-1,445
888
927
6,528
608
-3,579
2,093
939
330
2,470
4,240
3,207
LT Debt
21,942
29,367
37,268
33,557
33,053
36,837
26,262
23,193
23,093
22,779
22,960
26,056
29,253
27,404
Total Equity
47,685
50,885
48,545
43,305
42,300
41,857
39,795
39,879
41,310
41,790
41,183
44,528
43,358
46,922
Return on Invested Capital (%)
2.6
2.06
1.52
1.11
0.37
1.01
0.65
1.86
2.22
2.37
2.18
2.66
1.84
1.4
Return on Capital (%)
5.21
3.35
1.68
1.17
1.35
2.23
2.1
2.02
3.08
2.03
2.45
3.39
2.53
5.3
Return on Common Equity (%)
7.62
4.73
2.07
1.3
1.68
3.46
2.62
1.67
4.43
1.98
2.56
4.13
2.71
8.24

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,687
12,871
16,689
LT Borrowings
29,127
28,202
27,305
LT Finance Leases
126
113
99
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
578
578
578
Market Capitalization
22,369
21,559
24,074

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
19,628
21,269
25,337
Cash, Cash Equivalents & STI
12,251
12,370
14,682
Accounts Receivable, Net
2,953
2,642
4,037
Inventories
3,047
5,001
5,197
Total Current Liabilities
15,388
19,086
22,130
Payables & Accruals
- -
- -
- -
ST Debt
10,687
12,871
16,689
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.01%
1.76%
-2.63%
Free Cash Flow
57.62%
262.91%
-130.61%
Net Income, GAAP
19.5%
35.6%
-32.58%
Sales/Revenue/Turnover
1.66%
2.24%
-23.26%
Total Cash Common Dividend
20.01%
64.37%
56.16%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,528
6,620
7,094
7,341
26,583
2025
4,144
5,607
5,505
5,143
20,399
2026
4,941
6,530
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.42
0.68
0.11
0.82
3.02
2025
0.43
-0.4
1.54
0.49
2.05
2026
0.61
3.44
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.6
2025
- -
- -
- -
- -
2.52
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Hsien Tsai
Full Time Employees
4,821
Sector
Electronic technology
Industry
Computer processing hardware
Address
No. 555, Siyuan Road New Taipei Taiwan 242034
IPO Date
Apr 2, 1997
Business
Clevo Co. is a Taiwan-based company established in 1983, specializing in the design, research, development, manufacture, and distribution of notebook computers, barebone laptop chassis, tablets, and all-in-one PCs primarily targeting gaming, enterprise IT, and consumer electronics markets. Its main products include customizable high-performance notebook computers powered by the latest Intel and AMD processors, equipped with NVIDIA GeForce RTX graphics cards, and configured for video editing, business use, and mobile gaming applications. The company also offers peripheral devices and aftersales services, and conducts wholesale and retail operations involving computer hardware, household appliances, communication equipment, and electronic products. Clevo operates globally, with service centers in Germany, Great Britain, China, Taiwan, and the United States, and maintains partnerships for distribution and aftermarket service. Recent major developments include a reported record-high consolidated revenue of approximately NT$26.6 billion in 2024, a 9% year-over-year increase, a significant rise in net profit after tax by 67%, and strategic operational shifts that enhanced overall profitability. The company has focused on expanding its presence in the esports and artificial intelligence sectors, alongside stable growth in its retail chain Buy Now and improved performance in equity holdings such as Chicony Plaza. Clevo functions as a subsidiary of Taipei Twin Corporation and is recognized for its engineering excellence and tailored product solutions to meet diverse client needs internationally. It is headquartered in New Taipei City, Taiwan.