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    Producer manufacturing

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    Industrial machinery
Sunonwealth Electric Machine Industry Co., Ltd.

Sunonwealth Electric Machine Industry Co., Ltd.

TTWSE:2421
155.00
TWD
-4.50
(-2.82%)
40.62BMarket Cap
Oct 29Next Earn
Sunonwealth Electric Machine Industry Co., Ltd.
TWSE:2421
(Taiwan Stock Exchange)

Recent

price

155.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
30.7
29.68
30.19
32.73
37.79
40.19
42.47
43.39
47.43
46.22
50.66
53.76
55.74
49.72
53.19
68.09
- -
Revenue per Share
2.35
1.67
0.83
1.21
1.5
1.76
2.27
2.61
2.4
2.7
3.38
1.7
4.32
5.14
5.43
7.9
- -
Basic EPS, GAAP
3.48
1.43
0.84
0.92
0.19
2.8
0.85
1.45
1.23
2.25
4.59
-1.06
6.93
7.16
4.04
8.45
- -
Free Cash Flow per Basic Share
0.94
1.99
1.52
0.99
0.99
1.2
1.5
1.99
2.29
1.99
1.99
2.39
1.19
2.51
3.48
3.69
- -
Dividend per Share
14.97
15.1
13.9
14.59
15.56
15.74
15.98
16.41
16.41
16.76
18.21
17.31
20.62
26.35
28.81
32.43
36.79
Book Value per Share
14.82
15
13.81
14.5
15.46
15.66
15.91
16.32
16.31
16.69
18.11
17.21
20.51
26.26
28.62
32.2
36.55
Tangible Book Value per Share
259
259
255
252
252
252
252
252
252
252
252
252
252
260
275
274
277
Basic Weighted Avg Shares
7,961
7,697
7,709
8,256
9,533
10,109
10,691
10,947
11,965
11,660
12,781
13,562
14,063
12,915
14,624
18,678
- -
Sales/Revenue/Turnover
10.4
7.74
5.25
4.66
4.38
4.34
6.5
6.91
5.09
6.75
8.71
3.42
7.96
11.85
11.49
15.07
- -
Operating Margin (%)
263
267
318
324
325
312
308
311
343
438
450
517
513
534
495
550
- -
Depreciation Expense
611
432
211
306
379
442
572
657
605
681
852
429
1,089
1,334
1,492
2,166
- -
Net Income, GAAP
21.76
27.55
47.58
29.54
26.47
23.18
30.48
21.22
22.47
25.16
21.75
26.65
23.62
23.84
24.71
22.57
- -
Effective Tax Rate (%)
7.67
5.61
2.74
3.71
3.98
4.37
5.35
6.01
5.06
5.84
6.66
3.17
7.74
10.33
10.2
11.6
- -
Profit Margin (%)
1,839
1,754
1,546
1,759
2,024
2,109
2,062
2,057
1,901
1,979
2,459
2,151
2,703
4,855
5,356
6,004
6,368
Working Capital
17
177
78
- -
- -
- -
320
320
222
447
738
819
437
359
592
872
277
LT Debt
3,922
3,958
3,536
3,711
3,960
4,007
4,067
4,174
4,139
4,229
4,594
4,367
5,202
7,219
7,920
8,887
10,523
Total Equity
14.92
9.56
4.68
6.36
6.97
7.48
10.23
11.75
8.92
10.7
14.59
5
11.51
14.63
13.8
21.15
- -
Return on Invested Capital (%)
14.5
9.78
4.84
7.29
8.65
9.86
12.41
13.29
11.93
12.9
14.79
6.74
15.46
17.56
16.89
21.82
- -
Return on Capital (%)
16.28
11.08
5.7
8.53
9.98
11.19
14.29
16.09
14.62
16.27
19.31
9.58
22.76
21.48
19.71
25.77
- -
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
708
628
1,008
LT Borrowings
613
- -
- -
LT Finance Leases
259
294
277
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
274
286
286
Market Capitalization
43,743
35,183
40,618

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,193
14,963
16,282
Cash, Cash Equivalents & STI
5,256
6,448
6,947
Accounts Receivable, Net
5,155
5,457
5,699
Inventories
2,424
2,696
3,260
Total Current Liabilities
7,189
7,265
9,914
Payables & Accruals
- -
- -
- -
ST Debt
708
628
1,008
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.9%
14.98%
12.21%
Free Cash Flow
-62.84%
-160.35%
108.44%
Net Income, GAAP
25.77%
36.72%
45.15%
Sales/Revenue/Turnover
6.71%
8.52%
27.72%
Total Cash Common Dividend
- -
27.81%
5.71%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,060
3,677
4,031
3,856
14,624
2025
4,162
4,663
- -
4,918
18,678
2026
5,019
5,419
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.19
1.38
1.27
1.59
5.43
2025
1.73
1.37
- -
2.28
7.9
2026
2.36
2.42
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.48
2025
- -
- -
- -
- -
3.69
2026
- -
- -
- -
- -
- -
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Business
Sunonwealth Electric Machine Industry Co., Ltd. (2421.TW) manufactures and markets cooling solutions for electronic devices and industrial applications. The company produces axial fans, blowers, micro motors, heat sinks, and thermal modules; offers customized cooling systems for servers, telecommunications equipment, automotive electronics, and consumer products; and provides value-added services including design consultation and testing. Sunonwealth operates globally with production facilities in Taiwan, China, and other regions, serving customers in North America, Europe, Asia, and beyond. Founded in 1980 and headquartered in Kaohsiung, Taiwan, Sunonwealth focuses on the electronics cooling and thermal management industry, targeting OEMs and ODMs in computing, networking, power supplies, and green energy sectors. The company maintains subsidiaries and manufacturing sites across Asia to support its international supply chain. In recent developments, Sunonwealth expanded its automotive cooling solutions portfolio through strategic partnerships with leading EV manufacturers in 2024. The company completed a significant acquisition of a micro-motor technology firm in early 2025 to enhance its precision cooling offerings. Additionally, Sunonwealth launched a new line of high-efficiency, low-noise fans for AI server applications amid surging data center demand.