1. Taiwan Stocks

  2. •

    Electronic technology

  3. •

    Computer processing hardware
Shuttle Inc.

Shuttle Inc.

TTWSE:2405
14.75
TWD
-0.20
(-1.34%)
-0.01EPS
6.01BMarket 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
47.5
19.49
14.8
12.34
14.41
12.45
9.35
5.14
5.42
5.05
4.98
4.85
5.07
5.52
Basic EPS, GAAP
1.38
-0.71
-0.63
-0.29
-0.46
-0.4
0.01
0.17
0.58
0.16
0.04
0.03
-0.2
-0.03
Free Cash Flow per Basic Share
-0.79
4.14
-0.4
-1.53
0.32
-0.65
0.01
1.97
-2.71
-0.93
0.53
0.08
0.02
-0.82
Dividend per Share
0.24
0.7
- -
- -
0.12
- -
- -
- -
- -
- -
0.2
0.17
0.17
- -
Book Value per Share
12.19
11.43
11.35
10.72
10.12
9.81
9.74
9.93
10.47
10.69
10.68
10.56
10.14
10.02
Tangible Book Value per Share
12.14
11.38
11.33
10.69
10.08
9.78
8.9
9.15
9.75
9.98
10.01
9.95
9.58
9.43
Basic Weighted Avg Shares
344
347
340
339
330
338
340
340
340
343
343
343
343
327
Sales/Revenue/Turnover
16,333
6,768
5,027
4,189
4,761
4,205
3,175
1,744
1,842
1,735
1,710
1,667
1,742
1,804
Operating Margin (%)
3.24
-2
-5.03
0.19
-5.44
-4.11
0.43
1.28
-0.02
-0.23
-1.11
-2.95
-5.43
-3.13
Depreciation Expense
186
175
125
90
88
65
81
77
68
79
89
88
91
94
Net Income, GAAP
475
-247
-213
-99
-150
-136
4
58
196
55
12
11
-69
-8
Effective Tax Rate (%)
11.18
- -
- -
- -
- -
- -
77.16
33.15
30.12
14.99
52.9
53.68
- -
- -
Profit Margin (%)
2.91
-3.66
-4.25
-2.37
-3.16
-3.23
0.13
3.33
10.61
3.18
0.72
0.65
-3.95
-0.47
Working Capital
3,437
3,252
3,139
3,069
2,734
2,624
2,303
2,321
2,063
2,077
1,768
1,423
1,211
1,068
LT Debt
- -
- -
- -
- -
- -
- -
85
59
230
185
178
152
121
89
Total Equity
4,257
3,964
3,832
3,732
3,395
3,332
3,426
3,398
3,625
3,712
3,825
3,760
3,595
3,549
Return on Invested Capital (%)
9.77
- -
- -
- -
- -
- -
0.06
1.01
0.04
0.15
-0.24
-0.57
- -
- -
Return on Capital (%)
10.72
- -
- -
- -
- -
- -
0.03
1.57
5.27
1.45
0.32
0.38
- -
- -
Return on Common Equity (%)
11.74
-5.99
-5.45
-2.62
-4.22
-4.04
0.12
1.74
5.61
1.52
0.34
0.3
-1.94
-0.25

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
202
302
390
LT Borrowings
- -
- -
- -
LT Finance Leases
121
106
89
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
343
343
343
Market Capitalization
6,113
5,237
6,010

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,875
1,938
1,996
Cash, Cash Equivalents & STI
897
699
651
Accounts Receivable, Net
215
202
246
Inventories
646
907
967
Total Current Liabilities
663
832
929
Payables & Accruals
- -
- -
- -
ST Debt
202
302
390
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.55%
1.2%
-4.4%
Free Cash Flow
2,069.96%
-125.01%
-79.75%
Net Income, GAAP
57.19%
-132.59%
-737.41%
Sales/Revenue/Turnover
-8.39%
0.06%
4.47%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
443
426
399
399
1,667
2025
432
407
446
456
1,742
2026
420
481
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
-0.02
-0.02
0.03
2025
0.01
-0.16
- -
-0.05
-0.2
2026
- -
0.03
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.17
2025
- -
- -
- -
- -
0.17
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wei Hsun Cheng
Full Time Employees
1,827
Sector
Electronic technology
Industry
Computer processing hardware
Address
No. 30, Rei Kuang Road Taipei TPE Taiwan 114
IPO Date
Mar 17, 2000
Website
tw.shuttle.com
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Business
Shuttle Inc. (2405.TW) designs, manufactures and sells small form factor computers, industrial computers, kiosks and related IoT solutions worldwide; the company operates through computer equipment and medical devices segments, offering products including XPC barebones and mini-PCs such as cube mini-towers, slim PCs, nano PCs and all-in-one PCs; industrial embedded computers, edge computing computers, panel PCs, medical touch computers and industrial-grade panel PCs supporting applications in smart transportation, surveillance, factory automation, deep learning, machine vision and AI image recognition; kiosk solutions for public services, smart retail and smart healthcare with modular designs integrating peripherals; digital signage media players and facial recognition systems for access control, retail services, network monitoring and automation; IoT system integration services in smart retail, medical technology, smart healthcare, smart factory, transportation and surveillance; and medical technology products through subsidiary Carilex Medical, comprising anti-bedsore air cushion beds, negative pressure wound therapy devices and IoT medical innovations with CE marking in multiple countries. Shuttle serves commercial, industrial and medical markets via resellers, partners and system integrators in Taiwan, the United States, Europe, Asia, China and other international regions. Founded in 1983 and headquartered in Taipei, Taiwan, the company maintains subsidiaries including branch offices in the US and Germany, employs around 500-1,800 staff with a strong R&D focus comprising 30% of workforce, and adheres to ISO 9001, ISO 14001 and sustainability standards such as RoHS, ErP and REACH. Recent developments include the SPC series edge AI computers winning the 2026 Taiwan Excellence Award for innovation and reliability, alongside ongoing expansions in AIoT applications for smart retail, automation, hospitality, security and smart medical sectors; third-quarter 2025 earnings showed EPS of NT$0.024 versus a loss in the prior year, reflecting improved profitability amid stable revenue of NT$1.68 billion TTM.