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Greatek Electronics, Inc.

Greatek Electronics, Inc.

TTWSE:2441
111.00
TWD
-6.50
(-5.53%)
4.91EPS
27.73P/E
77.65BMarket Cap
Oct 23Next Earn
Greatek Electronics, Inc.
TWSE:2441
(Taiwan Stock Exchange)

Recent

price

111.00

P/E

ratio

27.73

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
18.49
15.76
16.38
16.56
18.16
16.77
18.58
21.01
21.72
21.15
25.84
34.21
28.04
23.86
26.74
29.47
32.69
Revenue per Share
2.82
1.63
2.25
2.91
3.98
3.47
3.94
4.41
4.18
3.33
4.68
8.09
5.55
3.51
4.39
4.31
4.92
Basic EPS, GAAP
1.29
1.33
2.66
2.77
2.25
3.63
1.7
2.06
2.5
3.6
2.98
3.48
3.49
5.14
6.33
3.59
3.5
Free Cash Flow per Basic Share
1.76
2
1.2
1.6
2
2.8
2.4
2.75
3
2.7
2.3
3.1
5
3.7
2.5
3
- -
Dividend per Share
19.81
19.23
20.26
21.58
23.55
24.18
25.67
27.29
28.51
29.28
31.64
36.62
36.75
37.85
39.35
42.46
48.32
Book Value per Share
19.81
19.23
20.26
21.57
23.52
24.15
25.63
27.16
28.36
29.14
31.53
36.52
36.58
37.71
39.21
42.31
48.18
Tangible Book Value per Share
552
553
554
555
569
569
569
569
569
569
569
569
569
569
569
569
570
Basic Weighted Avg Shares
10,207
8,722
9,075
9,192
10,333
9,540
10,572
11,952
12,356
12,030
14,702
19,461
15,950
13,570
15,213
16,764
18,623
Sales/Revenue/Turnover
16.02
10.49
14.93
19.24
23.88
22.71
23.59
24.96
22.81
19.62
22.46
28.76
22.84
16.83
17.95
16.17
18.69
Operating Margin (%)
1,242
1,399
1,735
1,729
1,837
1,882
1,759
1,946
2,268
2,470
2,630
2,927
3,107
3,113
2,957
2,966
2,982
Depreciation Expense
1,554
902
1,246
1,615
2,261
1,976
2,239
2,509
2,375
1,896
2,662
4,603
3,158
1,997
2,496
2,449
2,804
Net Income, GAAP
7.32
8.27
9.77
11.93
11.91
12.14
11.49
15.2
18.54
20.91
19.4
19.95
21.58
20.48
19.51
17.75
20.52
Effective Tax Rate (%)
15.23
10.34
13.73
17.57
21.88
20.71
21.18
20.99
19.22
15.76
18.11
23.65
19.8
14.72
16.41
14.61
15.06
Profit Margin (%)
4,205
4,534
5,401
5,985
5,779
6,101
5,659
5,080
4,981
5,567
6,182
5,942
5,730
6,828
8,222
7,886
7,697
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
10
8
7
39
31
28
16
9
LT Debt
10,954
10,646
11,227
12,276
13,394
13,753
14,601
15,524
16,219
16,655
17,997
20,830
20,909
21,533
22,383
24,154
27,488
Total Equity
14.07
7.67
11.07
13.04
16.58
13.73
15.25
16.47
14.18
11.04
14.79
22.55
13.33
8.47
9.87
9.42
10.72
Return on Invested Capital (%)
14.47
8.32
11.39
13.73
17.6
14.55
15.78
16.65
14.96
11.53
15.35
23.69
15.11
9.39
11.35
10.51
11.11
Return on Capital (%)
14.61
8.35
11.4
13.75
17.62
14.56
15.79
16.65
14.97
11.53
15.37
23.71
15.13
9.41
11.37
10.53
11.12
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
16
19
17
LT Borrowings
- -
- -
- -
LT Finance Leases
16
12
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
569
569
569
Market Capitalization
50,627
48,067
77,647

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11,475
12,295
13,593
Cash, Cash Equivalents & STI
5,901
6,332
7,061
Accounts Receivable, Net
3,474
3,769
4,099
Inventories
842
885
1,019
Total Current Liabilities
3,589
3,781
5,895
Payables & Accruals
- -
- -
- -
ST Debt
16
19
17
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.87%
6.19%
7.91%
Free Cash Flow
6.03%
8.86%
-43.31%
Net Income, GAAP
6.81%
5.57%
-1.89%
Sales/Revenue/Turnover
6.85%
4.34%
10.19%
Total Cash Common Dividend
4.22%
11.53%
20%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,480
3,986
3,860
3,887
15,213
2025
3,896
4,321
- -
4,296
16,764
2026
4,722
5,284
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.92
1.27
1.18
1.02
4.39
2025
1.04
0.83
- -
1.12
4.31
2026
1.4
1.57
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.5
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -
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Business
Greatek Electronics Inc. (2441.TW) provides integrated circuit packaging and testing services worldwide. The company offers leadframe-based packages including P-DIP; SOP, SOJ, SSOP, TSSOP, MSOP; QFP, LQFP, TQFP, PLCC; TO, SOT; QFN/DFN; flip chip QFN/DFN/SOP/TSOT; wafer bumping; wafer level CSP; BGA/LGA; flip chip CSP; stacked die packages; MCM; copper wire bonding; and system in package, alongside wafer probing, final testing for logic, mixed-mode, and analog devices; testing program development; platform conversion; device correlation; engineering support; package design for electrical and thermal characterization; and metal plating on semiconductor lead frames. Greatek operates multiple plants in Miaoli County, Taiwan, serving customers in Taiwan, Asia, America, Europe, and Africa. Founded in 1983 as He Teh Integrated Circuit Co. Ltd. and renamed Greatek Electronics Inc., the company is headquartered at No. 136, Gong-Yi Rd., Zhunan Township, Miaoli County, Taiwan, with Powertech Technology Inc. as its major shareholder; it listed on the Taiwan Stock Exchange in 2000 and employs approximately 4,211 people. In 2024, Greatek reported consolidated revenue of NT$15.21 billion, up 12.1% from 2023, with net profit after tax of NT$2.496 billion, up 25%, and earnings per share of NT$4.39. The company advanced R&D with developments in Tri-Temp Test capability; 2.5mil copper wire; thin package BGA (0.6mm thickness); QFN packages ≥14x14mm; and invested NT$289 million in R&D, or 1.9% of revenue, while capital expenditures reached NT$1.79 billion to expand packaging, testing, and wafer-level packaging capacity. For 2025, Greatek plans key initiatives including enhanced packaging for third-generation semiconductors (GaN/SiC) with high-thermal packages (epoxy/2.0mil Cu); flip chip on thick copper substrate; wire bonding QFN ≥500 wires; 2.5mil copper wire; AI product aesthetics; power TOLT packages; and aluminum wire for power devices, alongside AI-driven automation, process improvements, and customer expansion. In June 2024, President Louis Ning transitioned leadership to Y.C. Chi under the President Inheritance Plan, with Mr. Ning remaining as advisor.