Zippy Technology Corp

Zippy Technology Corp

TTWSE:2420
53.50
TWD
-0.50
(-0.93%)
4.46EPS
13.60P/E
9.27BMarket Cap
Nov 05Next 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
22.84
22.32
21.71
20.64
19.18
18.48
17.49
16.22
17.44
17.31
13.93
14.65
14.27
14.39
Basic EPS, GAAP
3.27
3.84
4.26
3.71
3.02
3.26
3.19
2.9
3.82
4.43
3.55
4.36
3.91
4.46
Free Cash Flow per Basic Share
5.46
4.86
5.34
3.46
1.21
2.82
4.34
3.07
4.79
3.17
5.4
5.35
3.97
4.28
Dividend per Share
2
2.8
3.5
2.5
3
2.7
2.8
2
2.55
3
3.5
3
3.5
- -
Book Value per Share
16.59
17.65
18.45
19.49
19.4
19.96
20.23
21.07
22.23
23.99
24.01
25.67
26.06
25.51
Tangible Book Value per Share
16.41
17.47
18.28
19.34
19.25
19.81
20.08
20.93
22.09
23.85
23.87
25.54
25.92
25.38
Basic Weighted Avg Shares
153
153
153
153
153
153
153
153
153
153
153
153
153
153
Sales/Revenue/Turnover
3,487
3,406
3,314
3,151
2,928
2,820
2,669
2,475
2,663
2,642
2,126
2,237
2,179
2,198
Operating Margin (%)
14.03
16.62
17.76
21.32
20.55
19.44
20.26
20.64
23.74
26.33
25.15
27.79
29.31
31.49
Depreciation Expense
74
50
71
72
73
75
81
77
81
86
87
84
72
68
Net Income, GAAP
499
586
650
566
461
497
486
443
583
676
542
666
596
682
Effective Tax Rate (%)
17.48
15.9
16
20.15
14.59
20.78
20.32
20.08
20.31
21.68
20.76
19.6
20.81
20.22
Profit Margin (%)
14.3
17.2
19.6
17.95
15.73
17.63
18.22
17.89
21.88
25.58
25.47
29.78
27.37
31.02
Working Capital
1,009
942
939
969
967
845
870
1,000
1,162
1,389
1,402
1,635
1,645
1,524
LT Debt
1,877
1,736
1,598
1,454
1,475
1,308
1,264
1,212
1,162
1,110
1,058
1,013
962
937
Total Equity
2,564
2,729
2,854
3,020
2,996
3,081
3,122
3,252
3,428
3,697
3,695
3,950
3,996
3,913
Return on Invested Capital (%)
10.77
9.69
9.92
9.73
8.54
8
8.66
8.14
10.27
11.03
8.46
9.87
9.81
11.28
Return on Capital (%)
14.16
12.6
13.76
10.91
8.29
9.66
10.19
9.26
12.47
14.35
11.6
13.88
12.19
14.6
Return on Common Equity (%)
20.48
22.41
23.57
19.53
15.52
16.55
15.86
14.04
17.62
19.16
14.78
17.56
15.1
18.27

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
73
72
79
LT Borrowings
958
946
933
LT Finance Leases
4
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
153
153
153
Market Capitalization
7,724
7,678
9,266

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,273
2,458
2,719
Cash, Cash Equivalents & STI
1,370
1,546
1,701
Accounts Receivable, Net
269
274
309
Inventories
561
560
621
Total Current Liabilities
628
653
1,195
Payables & Accruals
- -
- -
- -
ST Debt
73
72
79
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.46%
4.25%
1.15%
Free Cash Flow
12.32%
13.18%
-25.81%
Net Income, GAAP
0.55%
8.04%
-10.49%
Sales/Revenue/Turnover
-3.85%
-2.03%
-2.6%
Total Cash Common Dividend
2.08%
12.84%
16.67%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
559
564
583
531
2,237
2025
544
581
528
525
2,179
2026
548
596
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.23
1.09
1.08
0.96
4.36
2025
1.01
0.74
0.97
1.19
3.91
2026
1.05
1.26
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Chuan Kao
Full Time Employees
847
Sector
Electronic technology
Industry
Electronic production equipment
Address
No. 50, Minquan Road New Taipei TP Taiwan 23141
IPO Date
Sep 11, 2000
Business
Zippy Technology Corp. (2420.TW), founded in 1983 and headquartered in New Taipei City, Taiwan, designs, manufactures, and markets micro switches and high-performance industrial power supplies under the ZIPPY brand for switches and EMACS brand for power supplies; it operates through Power Supply, Switch Division, and Others segments, serving consumer electronics, IT peripherals, communication products, home appliances, medical devices, automotive electronics, AIoT servers, edge computing, data centers, industrial equipment, network communication, network security, and 5G applications across Taiwan, the United States, Mainland China, Germany, Italy, and other international markets. The company's core switch products include waterproof switches, basic micro switches, rotary switches, push switches, low torque switches, slide switches, rocker switches, hook encoders, and slide DIP switches, while its power supply offerings encompass CRPS modules, CRPS redundant supplies, PoE modules, 1U redundant and slim-type supplies, 2U redundant supplies, N+1 redundant systems, mini redundant units, PS2 redundant supplies, FLEX series, 1U/2U single supplies, ATX-PS2 units, open frame supplies, and medical-grade power supplies; it also provides warranty and repair services with certifications including ISO9001, IATF 16949 for automotive switches, ISO14001, UL, CSA, VDE, TUV, CCC, and 80 PLUS for energy efficiency. Zippy maintains robust R&D with nearly 1,000 global patents in areas like redundant power supplies and hot-swap technologies, state-of-the-art labs for rapid product development, automated production enhancements particularly for waterproof and automotive switches, ecological designs compliant with EU ErP Directives, and expansions into cloud computing power solutions; it employs around 600 people under CEO Ming-Chuan Kao and offers global service centers in North America, Europe, and Asia. Recent developments include ongoing product line optimizations for micro switches, intensified focus on automotive-grade switches, high-efficiency manufacturing improvements, and strategic expansions in data center and AIoT power supplies to meet growing demand in edge computing and 5G sectors, alongside sustained dividend payments such as NT$3.5 per share approved in May 2025.