Kaimei Electronic Corporation

Kaimei Electronic Corporation

TTWSE:2375
115.50
TWD
-6.50
(-5.33%)
4.15EPS
51.00P/E
22.98BMarket Cap
Nov 09Next 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
33.17
23.42
33.47
64.48
57.08
58
48.65
48.49
71.01
47.66
44.27
48.44
51.03
53.1
Basic EPS, GAAP
11.24
1.76
0.93
-1.17
4.5
34.13
3.53
4.23
10.78
4.97
2.44
4.55
3.73
4.15
Free Cash Flow per Basic Share
-19.13
14.63
11.12
-3.84
5.26
1.32
7.47
1.46
2.85
6.52
9.73
7.24
4.7
0.28
Dividend per Share
- -
0.19
2.43
- -
- -
6.73
2.94
0.73
2.5
2.21
1.5
0.8
1.5
- -
Book Value per Share
60.7
54.21
48.17
35.31
37.43
70.58
66.61
79.56
78.43
81.26
82.61
89.19
90.83
97.85
Tangible Book Value per Share
60.36
53.93
47.95
35.24
37.38
60.69
61.79
79.21
78.13
80.93
82.01
88.56
90.32
97.37
Basic Weighted Avg Shares
53
70
44
40
51
51
93
133
109
123
109
109
109
109
Sales/Revenue/Turnover
1,751
1,632
1,487
2,561
2,925
2,972
4,547
6,445
7,716
5,868
4,811
5,264
5,545
5,784
Operating Margin (%)
0.58
4.98
2.99
0.91
5.72
-7.7
9.75
11.31
12.31
5.43
3.73
7.78
8.81
7.82
Depreciation Expense
54
33
38
63
68
84
232
463
448
461
461
422
414
421
Net Income, GAAP
593
123
41
-46
231
1,749
330
563
1,171
612
265
495
405
452
Effective Tax Rate (%)
5.79
23.76
31.31
- -
12.86
1.93
36.35
10.33
15.09
22.46
38.52
27.25
36.51
33.38
Profit Margin (%)
33.88
7.52
2.78
-1.81
7.88
58.84
7.27
8.73
15.18
10.43
5.52
9.4
7.31
7.81
Working Capital
1,965
1,722
1,431
1,634
5,156
4,278
3,848
3,824
3,084
3,582
1,804
2,607
2,467
3,330
LT Debt
- -
- -
- -
- -
- -
70
164
1,127
934
533
162
167
102
109
Total Equity
2,243
1,997
1,686
2,734
2,871
7,691
7,341
8,558
8,528
8,831
8,978
9,693
9,871
10,634
Return on Invested Capital (%)
0.5
2.79
1.41
- -
4.76
-3.14
2.55
5.08
5.04
1.36
0.8
2.31
2.41
2.48
Return on Capital (%)
31.12
5.84
2.09
- -
3.16
9.16
1
2.67
7.99
4.01
2.21
4.23
3.42
4.04
Return on Common Equity (%)
31.12
5.79
2.24
-2.66
12.37
63.19
6.13
7.16
13.71
7.05
2.98
5.3
4.14
4.6

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,466
2,523
1,772
LT Borrowings
- -
- -
- -
LT Finance Leases
102
100
109
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
9,889
8,031
22,985

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,530
7,659
7,005
Cash, Cash Equivalents & STI
3,012
3,959
3,114
Accounts Receivable, Net
1,539
1,582
1,710
Inventories
1,490
1,600
1,639
Total Current Liabilities
4,064
4,374
3,675
Payables & Accruals
- -
- -
- -
ST Debt
2,466
2,523
1,772
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.17%
2.93%
1.84%
Free Cash Flow
56.45%
37.94%
-35.04%
Net Income, GAAP
-8.9%
14.41%
-18.08%
Sales/Revenue/Turnover
17.53%
-1.49%
5.35%
Total Cash Common Dividend
- -
36.18%
87.5%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,166
1,451
1,380
1,267
5,264
2025
1,294
1,476
1,435
1,340
5,545
2026
1,440
1,569
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.74
1.79
0.95
1.08
4.55
2025
1.22
0.19
1.35
0.96
3.73
2026
0.78
1.06
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.8
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wen Liang Liu
Full Time Employees
955
Sector
Electronic technology
Industry
Electronic components
Address
No. 81, Xintai 5th Road Taipei TP Taiwan 22101
IPO Date
Aug 29, 1998
Business
Kaimei Electronic Corp. is a leading manufacturer of electronic components specializing in aluminum electrolytic capacitors and motor fans. The company’s product portfolio includes conductive polymer aluminum solid capacitors, conductive polymer hybrid capacitors, aluminum electrolytic capacitors, DC fans, DC blowers, AC fans, and related accessories. It also produces resistors, chip resistors, inductors, plastic film capacitors, metallized polyester and polypropylene capacitors, and offers import and export services for electronic components and machine equipment. Kaimei serves diverse applications including telecommunications, consumer electronics, automotive, renewable energy, energy storage, and industrial markets. Founded in 1978 and headquartered in New Taipei City, Taiwan, Kaimei operates manufacturing facilities in Taiwan, Malaysia, and China with sales distribution across Asia Pacific, Europe, and the Americas. The company owns multiple brands including Jamicon, Teapo, Ralec, and ASJ. A significant business milestone was the integration of Teapo Electronic and Kaimei Electronic in 2019, which accelerated growth and expanded capabilities. Recently, in 2025, Kaimei formed a strategic partnership with Ideal Power to distribute Ideal Power’s patented B-TRAN® bidirectional semiconductor power switch technology throughout Asia, enhancing its product offering in power electronics and targeting industrial, automotive, and renewable energy sectors. Kaimei maintains certifications such as ISO 9001, ISO/IEC 27001:2022, and Sony Green Partner status, underscoring its commitment to quality and environmental standards. The company’s continuous investment in product development, manufacturing, and marketing aims at strengthening its position as a key supplier in electronic passive components and electromechanical products worldwide. Its operations focus on delivering high value-added products and services with advanced technology derived from leading capacitor technologies in Japan. This comprehensive approach to innovation and expansion positions Kaimei as a prominent player in the global electronic components industry, serving over 60 countries and diverse market segments with a broad range of capacitors, fans, and power-related components. The company continues to build on decades of experience to support evolving electronic and electrical applications in a competitive global market.