Lien Chang Electronic Enterprise Co., Ltd

Lien Chang Electronic Enterprise Co., Ltd

TTWSE:2431
10.10
TWD
+0.05
(+0.50%)
-2.12EPS
1.29BMarket 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
23.19
38.84
32.78
27.37
20.76
21.89
26.75
20.72
14.12
9.02
5.31
3.64
3.38
2.49
Basic EPS, GAAP
0.5
1.28
0.32
0.88
-0.34
-1.71
0.08
0.42
1.03
0.09
-0.85
-0.63
-2.1
-2.12
Free Cash Flow per Basic Share
1.41
-2.37
5.09
1.95
-0.82
-2.49
-0.59
2.2
-0.89
-0.03
-0.63
0.13
-0.29
-1.11
Dividend per Share
- -
- -
0.18
0.27
0.77
- -
- -
- -
0.25
0.45
0.1
- -
- -
- -
Book Value per Share
13.79
15.1
14.93
15.18
14.04
11.72
11.87
12.41
13.28
13.04
12.05
12.29
9.8
9.72
Tangible Book Value per Share
13.71
15
14.85
15.05
13.92
11.61
11.78
12.35
13.23
13.01
12.03
12.27
9.8
9.72
Basic Weighted Avg Shares
111
111
111
111
111
111
111
111
111
111
111
111
111
111
Sales/Revenue/Turnover
2,572
4,308
3,636
3,036
2,303
2,428
2,967
2,298
1,567
1,001
590
404
375
275
Operating Margin (%)
1.19
1.84
-1.39
1.08
-1.96
-10.41
-0.77
1.4
-6.78
-9.97
-24.09
-28.84
-53.06
-71.56
Depreciation Expense
76
58
61
54
39
38
45
42
38
45
48
46
32
22
Net Income, GAAP
56
142
35
97
-38
-190
9
47
115
10
-94
-70
-233
-234
Effective Tax Rate (%)
17.1
2.93
11.95
7.8
- -
- -
70.22
- -
27.2
85.65
- -
- -
- -
- -
Profit Margin (%)
2.18
3.3
0.97
3.2
-1.66
-7.82
0.3
2.04
7.32
1.04
-15.96
-17.37
-61.98
-85.18
Working Capital
834
919
946
1,033
922
736
743
932
1,102
1,103
986
966
816
814
LT Debt
- -
- -
- -
- -
- -
- -
20
13
72
18
27
14
9
6
Total Equity
1,530
1,674
1,656
1,684
1,557
1,300
1,316
1,377
1,473
1,447
1,337
1,363
1,087
1,079
Return on Invested Capital (%)
1.58
4.66
-2.59
1.81
- -
- -
-0.52
- -
-5.12
-0.92
- -
- -
- -
- -
Return on Capital (%)
3.65
8.71
2.11
5.82
- -
- -
0.68
- -
7.9
0.72
- -
- -
- -
- -
Return on Common Equity (%)
3.82
8.89
2.12
5.81
-2.36
-13.29
0.68
3.47
8.05
0.71
-6.76
-5.19
-18.98
-20.25

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6
6
5
LT Borrowings
- -
- -
- -
LT Finance Leases
9
8
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
111
111
111
Market Capitalization
1,259
1,281
1,287

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,001
958
908
Cash, Cash Equivalents & STI
878
841
815
Accounts Receivable, Net
46
44
37
Inventories
54
47
28
Total Current Liabilities
185
142
94
Payables & Accruals
- -
- -
- -
ST Debt
6
6
5
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.72%
-4.13%
-20.22%
Free Cash Flow
55.83%
221.32%
-325.39%
Net Income, GAAP
1.11%
-148.55%
231.62%
Sales/Revenue/Turnover
-18.32%
-29.52%
-7.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
101
87
112
104
404
2025
116
106
85
68
375
2026
63
59
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.19
-0.14
-0.15
-0.15
-0.63
2025
-0.11
-0.2
-0.2
-1.59
-2.1
2026
-0.2
-0.12
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Chun Lien Lin
Full Time Employees
84
Sector
Electronic technology
Industry
Electronic components
Address
No. 501, Nanjing East Road Taipei TP Taiwan 114
IPO Date
Jan 24, 1997
Business
Lien Chang Electronic Enterprise Co., Ltd. (TWSE: 2431) manufactures and sells power supply units and electronic control components primarily for consumer electronics, household appliances, industrial equipment, and automotive applications; its core products include linear power supplies, switching power supplies, transformers, direct current (DC) converters and rectifiers, alternating current (AC) adaptors, consumer chargers, uninterruptible power supply (UPS) products, motor and compressor drivers, brushless DC (BLDC) drive controllers, and automotive parts OEM products. Founded in 1968 and headquartered at 11F, No. 501, Section 6, Nanjing East Road, Taipei City, Taiwan, the company operates as an original design manufacturer (ODM) with a focus on flyback components, power supplies, and electronic controls, serving markets in Taiwan, the rest of Asia, and other overseas regions across industries such as communication, computers, medical devices, aerospace, and automatic controls. The company maintains approximately 1,130 employees and emphasizes sustainable development through integration of environmental, social, and governance (ESG) frameworks, including strategies for carbon reduction emissions. In recent developments, Lien Chang aligns its operations with ESG indicators to support sustainable corporate growth amid ongoing financial challenges, reporting net losses in trailing twelve months ending mid-2025 while distributing products globally without noted acquisitions, partnerships, or major expansions in the past one to two years.