1. Taiwan Stocks

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    Electronic technology

  3. •

    Electronic components
Gold Circuit Electronics Ltd

Gold Circuit Electronics Ltd

TTWSE:2368
1,115.00
TWD
-80.00
(-6.69%)
27.96EPS
42.01P/E
614.28BMarket Cap
Nov 16Next 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
35.5
40.06
38.25
39.19
39.52
42.34
39.02
48.08
49.2
63.59
61.73
80.03
121.7
153.81
Basic EPS, GAAP
-1.75
1.25
0.2
0.29
-0.55
0.47
0.27
4.25
5.41
8.86
7.25
11.54
19.48
28.56
Free Cash Flow per Basic Share
-0.79
0.78
2.71
2.41
0.76
-0.17
1.98
4.7
2.85
5.98
7.51
0.97
-9.21
0.99
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
1.52
2.31
3.5
3.5
5.92
- -
Book Value per Share
12.73
14.42
14.57
14.68
14.02
14.49
14.72
19.04
23.43
29.43
34.58
43.79
66.97
82.42
Tangible Book Value per Share
12.71
14.39
14.55
14.65
13.95
14.43
14.68
19
23.37
29.34
34.46
43.7
66.81
82.29
Basic Weighted Avg Shares
500
501
500
490
485
486
487
487
541
516
487
487
493
505
Sales/Revenue/Turnover
17,747
20,084
19,141
19,196
19,166
20,596
18,991
23,398
26,607
32,785
30,044
38,952
60,004
77,680
Operating Margin (%)
-3.31
5.1
3.04
3.64
-0.42
4.31
3.47
13.41
15.31
18.53
16.95
20.71
23.35
26.05
Depreciation Expense
1,479
1,406
1,393
1,286
1,057
1,008
883
730
776
874
967
1,089
1,316
1,681
Net Income, GAAP
-874
629
102
144
-269
229
130
2,067
2,927
4,568
3,529
5,616
9,607
14,427
Effective Tax Rate (%)
- -
26.93
47.35
24.79
- -
28.57
51.99
23.4
27.71
28.5
32.38
33.86
32.22
29.28
Profit Margin (%)
-4.93
3.13
0.53
0.75
-1.4
1.11
0.68
8.83
11
13.93
11.74
14.42
16.01
18.57
Working Capital
40
885
735
3,154
2,679
2,109
2,903
5,593
7,888
10,870
14,437
14,505
28,784
29,125
LT Debt
3,790
3,616
2,592
3,865
3,464
2,358
2,508
2,821
2,889
3,343
4,933
4,597
11,940
7,167
Total Equity
6,202
7,238
7,203
7,089
6,800
7,052
7,166
9,266
11,402
14,324
16,831
21,312
33,481
42,193
Return on Invested Capital (%)
- -
4.45
1.8
3.25
- -
3.74
2.26
16.41
18.94
23.44
16.07
20.45
22.96
31.86
Return on Capital (%)
- -
4.87
1.31
2.09
- -
2.95
1.81
15.43
19.26
25.9
17.24
22.62
24.33
33.9
Return on Common Equity (%)
-13.29
9.35
1.41
2.01
-3.87
3.3
1.82
25.15
28.32
35.51
22.65
29.44
35.06
45.95

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6,133
6,841
6,854
LT Borrowings
11,875
9,210
6,681
LT Finance Leases
65
61
486
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
505
512
Market Capitalization
343,486
434,625
614,275

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
56,337
63,414
73,410
Cash, Cash Equivalents & STI
18,517
22,805
24,564
Accounts Receivable, Net
26,979
28,292
33,946
Inventories
9,747
11,286
13,787
Total Current Liabilities
27,554
37,126
44,285
Payables & Accruals
- -
- -
- -
ST Debt
6,133
6,841
6,854
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.89%
29.98%
57.1%
Free Cash Flow
-237.07%
-213.3%
-1,065.09%
Net Income, GAAP
122.42%
41.03%
71.07%
Sales/Revenue/Turnover
13.53%
22.46%
54.05%
Total Cash Common Dividend
- -
- -
71.43%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,066
9,573
10,457
9,856
38,952
2025
12,063
13,853
17,680
16,408
60,004
2026
19,313
24,279
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.5
3.12
3.28
2.63
11.54
2025
3.6
3.48
6.49
5.86
19.48
2026
6.87
9.28
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.5
2025
- -
- -
- -
- -
5.92
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Cheng Tse Yang
Full Time Employees
8,831
Sector
Electronic technology
Industry
Electronic components
Address
No. 113, Shiyuan Road Taoyuan City TYC Taiwan 320
IPO Date
Mar 9, 1998
Website
gce.com.tw
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Business
Gold Circuit Electronics Ltd. (2368:TW) manufactures and distributes printed circuit boards in Taiwan. The company produces double-sided PCBs, multilayer PCBs including high-density interconnect boards up to 52 layers, and semi-finished products; its offerings serve applications in personal computers, notebooks, desktops, workstations, servers, base stations, industrial computers, medical equipment, Internet networking products, electronic books, telecommunications, cell phones, high-current power supplies, storage devices, and peripheral electronics equipment. Gold Circuit Electronics operates manufacturing facilities in Taiwan and mainland China, with sales extending to Taiwan, the rest of Asia, and the Americas; it was founded in 1981 and is headquartered at No. 113, Siyuan Road, Zhongli District, Taoyuan City, Taiwan. In November 2025, the company approved a NT$7.2 billion investment to demolish and rebuild a factory while purchasing new machinery and equipment; earlier in September 2025, it acquired property worth NT$1.6 billion and planned to raise up to NT$9 billion through bonds. The firm employs 8,831 people, maintains ISO 9001, ISO 14001, ISO 45001, and IATF 16949 certifications, and emphasizes research and development for rapid product evolution and short lead times.