Advantech Co., Ltd.

Advantech Co., Ltd.

TTWSE:2395
670.00
TWD
-13.00
(-1.90%)
14.75EPS
32.93P/E
427.57BMarket Cap
Nov 04Next 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
37
42.7
45.21
49.92
52.64
57.73
64
60.26
68.95
80.49
75.36
69.4
82
94.97
Basic EPS, GAAP
4.96
5.86
6.07
6.74
7.3
7.45
8.69
8.54
9.7
12.6
12.65
10.45
12.25
14.94
Free Cash Flow per Basic Share
3.92
4.34
5.23
7.69
2.86
7.85
6
8.63
11.12
9.66
9.78
10.3
7.97
1.15
Dividend per Share
3.33
3.61
4.51
4.51
4.73
5.45
5.62
6.44
6.45
7.25
9.08
9.47
8.39
- -
Book Value per Share
23.12
26.61
27.72
29.93
32.7
34.66
37.95
40.51
44.44
51.2
56.45
59.55
63.46
63.67
Tangible Book Value per Share
21.21
24.87
26.1
24.99
28.13
30
33.82
36.81
41.31
47.94
53.25
56.29
60.3
60.44
Basic Weighted Avg Shares
829
837
840
841
843
844
846
848
850
854
857
861
864
866
Sales/Revenue/Turnover
30,660
35,732
38,001
42,002
44,375
48,727
54,145
51,119
58,622
68,745
64,568
59,786
70,882
82,269
Operating Margin (%)
15.23
15.42
15.6
15.79
15.28
15.35
17.07
17.66
16.72
18.3
18.83
15.21
16.29
17.97
Depreciation Expense
481
595
666
820
815
759
1,018
968
1,097
1,057
1,086
1,094
1,210
1,253
Net Income, GAAP
4,106
4,908
5,104
5,667
6,157
6,290
7,351
7,248
8,250
10,757
10,838
9,005
10,593
12,944
Effective Tax Rate (%)
20.15
18.55
18.48
19.84
18.37
21.01
20.57
20
18.99
20.09
18.67
19.01
17.25
18.61
Profit Margin (%)
13.39
13.73
13.43
13.49
13.87
12.91
13.58
14.18
14.07
15.65
16.78
15.06
14.94
15.73
Working Capital
8,206
10,210
8,843
9,746
12,154
13,220
15,628
18,191
18,618
23,267
25,359
26,630
25,978
23,732
LT Debt
- -
43
- -
- -
114
46
278
88
67
297
1,611
1,735
1,626
1,554
Total Equity
19,420
22,533
23,454
25,387
27,760
29,543
32,731
35,046
38,363
44,284
48,810
51,797
55,049
55,454
Return on Invested Capital (%)
19.46
20.78
19.8
21.14
19.63
19.71
21.29
19.85
20.03
22.18
19.12
13.33
16.75
21.72
Return on Capital (%)
21.76
23.23
21.7
22.52
22.97
21.8
23.21
20.89
22.04
25.63
22.72
17.55
19.39
24.37
Return on Common Equity (%)
22.27
23.59
22.36
23.36
23.32
22.12
23.93
21.78
22.83
26.34
23.49
18.03
19.92
25.22

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
368
542
517
LT Borrowings
150
44
37
LT Finance Leases
1,476
1,604
1,516
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
866
868
869
Market Capitalization
249,359
276,539
427,571

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
42,496
49,300
57,103
Cash, Cash Equivalents & STI
19,194
20,516
18,729
Accounts Receivable, Net
8,908
10,415
13,390
Inventories
11,835
15,389
20,908
Total Current Liabilities
16,517
29,811
33,371
Payables & Accruals
- -
- -
- -
ST Debt
368
542
517
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.94%
9.5%
6.28%
Free Cash Flow
18.13%
0.29%
-22.36%
Net Income, GAAP
8.3%
9.14%
17.63%
Sales/Revenue/Turnover
6.85%
7.4%
18.56%
Total Cash Common Dividend
7.16%
6.54%
-11.05%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,879
14,644
14,950
16,314
59,786
2025
17,351
17,836
- -
17,921
70,882
2026
20,385
26,126
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.32
2.46
2.61
3.06
10.45
2025
3.17
2.3
- -
3.59
12.25
2026
3.85
5.2
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
9.42
- -
9.47
2025
- -
- -
- -
- -
8.39
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ke Cheng Liu
Full Time Employees
9,478
Sector
Electronic technology
Industry
Computer processing hardware
Address
No. 1, Alley 20 Taipei TPE Taiwan 114519
IPO Date
Dec 13, 1999
Business
Advantech Co., Ltd. is a leading global provider of embedded and automation products and solutions. The company primarily manufactures and sells industrial computers, embedded systems, automation controllers, IoT systems and software, industrial motherboards, panel PCs, industrial displays, and related hardware. Advantech’s product portfolio also includes smart healthcare systems, industrial communication devices, cloud services, AI and edge computing platforms, and value-added services for IoT application development. Its offerings cater primarily to industrial automation, intelligent transportation, smart cities, healthcare, retail, and energy management sectors. Founded in 1983 and headquartered in Taipei, Taiwan, Advantech operates extensively across Asia, the Americas, Europe, and other global markets, providing industrial IT solutions and services. Recent significant developments include strategic partnerships to strengthen its AI and edge computing capabilities and the launch of advanced IoT platforms embedding AI-driven analytics for smart manufacturing and city infrastructure. The company has also expanded its portfolio of cloud-based software and service offerings, emphasizing end-to-end IoT solutions integrating hardware, software, and cloud services. These initiatives reflect Advantech’s strategic shift toward becoming a comprehensive provider of intelligent systems and solutions beyond traditional embedded computing hardware. Advantech operates through several business segments including Embedded and Industrial Computing, Industrial IoT Systems, and Software Services, addressing diverse customer needs in manufacturing automation, healthcare technology integration, transportation systems, and energy solutions. The company supports an extensive global customer base ranging from original equipment manufacturers (OEMs) to system integrators and end users in industrial sectors. Advantech also maintains subsidiaries and regional offices worldwide to support localized sales, service, and technical support. Overall, Advantech Co., Ltd. positions itself as an innovation-driven technology company focusing on industrial digital transformation, smart IoT applications, edge computing, and AI-enabled smart solutions, proudly serving multiple industries with comprehensive embedded computing and IoT technologies on a global scale.