Ta-I Technology Co. Ltd.

Ta-I Technology Co. Ltd.

TTWSE:2478
118.50
TWD
-8.00
(-6.32%)
4.45EPS
50.85P/E
32.19BMarket Cap
Nov 11Next 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
29.41
30.34
20.4
22.49
30.15
32.27
26.74
38.32
44.23
34.76
31.75
34.76
37.86
41.46
Basic EPS, GAAP
0.58
1.29
1.26
1.35
1.4
7.26
2.3
4.7
6.6
4.31
2.56
3.13
3.45
4.43
Free Cash Flow per Basic Share
-2.34
2.28
3.12
1.36
-0.58
1.87
4.49
4.5
2.33
3.74
2.71
3.15
1.52
0.08
Dividend per Share
0.28
0.28
0.54
0.3
0.66
0.8
2.81
1.81
3.01
4.01
2
1.5
1.81
- -
Book Value per Share
36.57
38.14
39.27
33.22
33.28
41.55
36.74
40.4
44.1
44.86
45.01
47.41
49.14
50.95
Tangible Book Value per Share
36.42
37.99
39.12
33.07
33.14
41.41
36.61
40.22
43.92
44.71
44.87
47.27
48.98
50.79
Basic Weighted Avg Shares
130
133
193
169
135
187
169
141
143
144
145
145
143
143
Sales/Revenue/Turnover
3,829
4,038
3,946
3,811
4,078
6,021
4,509
5,395
6,315
5,023
4,595
5,031
5,424
5,921
Operating Margin (%)
2.72
3.31
5.32
7.22
6.75
26.42
12.26
14.24
18.66
11.13
10.39
7.68
11.51
13.99
Depreciation Expense
474
462
448
422
381
398
453
489
547
573
576
536
489
461
Net Income, GAAP
76
171
243
229
189
1,355
387
662
943
623
370
454
494
633
Effective Tax Rate (%)
14.1
18.77
19.04
28.48
19.1
13.09
36.49
4.54
18.59
14.95
29.69
18.63
14.8
13.21
Profit Margin (%)
1.98
4.24
6.17
6.01
4.64
22.5
8.59
12.26
14.93
12.41
8.05
9.02
9.1
10.7
Working Capital
2,281
2,194
2,923
2,058
1,857
3,125
2,218
2,931
3,385
3,424
2,908
3,229
3,623
3,661
LT Debt
581
- -
624
618
370
751
357
627
848
753
680
548
908
846
Total Equity
4,829
5,176
5,310
4,445
4,631
5,930
5,310
5,874
6,439
6,593
6,616
6,973
7,134
7,397
Return on Invested Capital (%)
1.48
1.88
2.87
3.49
4.09
20.56
5.24
10.41
12.37
5.93
4.08
3.78
6.32
8.44
Return on Capital (%)
1.48
2.97
4.04
4.06
3.5
21.77
5.91
9.69
12.29
7.95
4.71
5.73
6.03
7.56
Return on Common Equity (%)
1.63
3.47
4.71
4.76
4.24
26.05
7
12.02
15.55
9.71
5.69
6.78
7.12
8.86

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
444
441
337
LT Borrowings
882
851
822
LT Finance Leases
26
25
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
143
143
143
Market Capitalization
8,164
8,293
32,186

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
5,765
5,917
5,963
Cash, Cash Equivalents & STI
2,100
2,101
1,960
Accounts Receivable, Net
1,525
1,576
1,812
Inventories
1,950
2,071
2,026
Total Current Liabilities
2,142
2,143
2,302
Payables & Accruals
- -
- -
- -
ST Debt
444
441
337
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.62%
4.01%
2.31%
Free Cash Flow
-68.45%
-9.7%
-52.13%
Net Income, GAAP
59.08%
-0.11%
8.83%
Sales/Revenue/Turnover
5.11%
1.08%
7.81%
Total Cash Common Dividend
31.02%
9.55%
19.53%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,075
1,265
1,323
1,368
5,031
2025
1,295
1,420
- -
1,371
5,424
2026
1,420
1,710
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.92
0.89
0.4
0.92
3.13
2025
0.88
0.61
- -
0.91
3.45
2026
1.14
1.77
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1.81
2026
- -
- -
- -
- -
- -

Company Description

CEO
Tsai Pao Chiang
Full Time Employees
1,584
Sector
Electronic technology
Industry
Electronic components
Address
No. 4, Lane 17 Taoyuan TP Taiwan 33851
IPO Date
Sep 20, 1999
Website
tai.com.tw
Business
TA-I Technology Co., Ltd. manufactures, processes, and trades chip resistors, circuit protection components, and passive electronic parts in Taiwan and internationally. Founded in 1989 and headquartered in Taoyuan City, Taiwan, the company offers a comprehensive range of products including thick film chip resistors, thick film high power resistors, thin film precision resistors, anti-sulfurated resistors, anti-surge resistors, high voltage resistors, resistor arrays and networks, current sensing components such as automotive-grade metal current sensors, miniature resistors in 01005 and 0201 sizes, surface mount devices, and lead-free products; circuit protection solutions encompassing thin film chip fuses, lead-free thin film chip fuses, low capacitance suppressors, and ESD suppressors; as well as other electronic components applied in 3C products like motherboards, notebooks, LCD TVs, set-top boxes, scanners, video cards, LAN cards, sound cards, mobile phones, digital cameras, and LCDs. TA-I Technology serves the automotive, industrial, alternative energy, power supplies, telecommunications, computer peripherals, and consumer electronics industries with global operations including factories in China, Malaysia, Indonesia, and Vietnam. The company maintains its position as one of the world's largest chip resistor suppliers through ongoing production expansions and certifications such as ISO and automotive-grade qualifications, with no major acquisitions, partnerships, or strategic shifts reported in the last one to two years.