Zinwell Corporation

Zinwell Corporation

TTWSE:2485
38.40
TWD
-1.30
(-3.27%)
0.91EPS
62.41P/E
17.70BMarket Cap
Zinwell Corporation
TWSE:2485
(Taiwan Stock Exchange)

Recent

price

38.40

P/E

ratio

62.41

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
29.38
33.53
24.71
26.36
24.2
35.43
41.81
27.29
24.46
24.49
24.98
19.76
20.72
18.31
8.22
8.21
11.15
Revenue per Share
3.24
2.82
1.62
2.44
1.91
2.66
1.67
0.1
0.93
-0.37
-0.48
-1.11
- -
-0.23
-2.26
-0.96
0.89
Basic EPS, GAAP
9.29
1.99
2.25
3.57
1.92
-0.69
0.23
0.37
-4.29
0.08
1.89
-3.05
-3.09
3.6
1.46
-2
-2.42
Free Cash Flow per Basic Share
2.5
2.5
2
1.3
1.6
1.5
2
1.4
0.4
0.5
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
20.82
21.17
20.71
21.99
22.37
23.43
22.77
21.4
21.83
20.77
20.35
19.4
19.49
19.12
17.05
16.11
16.81
Book Value per Share
20.72
21
20.54
21.84
22.24
23.31
22.66
21.27
21.74
20.72
20.32
19.37
18.29
18.73
16.88
16.08
16.78
Tangible Book Value per Share
318
318
318
318
318
318
318
318
318
318
318
318
318
318
318
318
313
Basic Weighted Avg Shares
9,332
10,653
7,849
8,374
7,688
11,257
13,282
8,670
7,772
7,780
7,937
6,278
6,582
5,817
2,610
2,609
3,490
Sales/Revenue/Turnover
15.17
6.95
8.04
8.04
3.95
6.57
5.84
1.56
-1.62
-1.57
-3.53
-7.93
-4.05
-2.23
-32.89
-13.97
3.17
Operating Margin (%)
198
208
200
185
173
189
184
167
171
205
244
244
284
354
235
210
202
Depreciation Expense
1,028
897
514
774
606
844
531
31
297
-117
-151
-354
- -
-72
-717
-306
279
Net Income, GAAP
16.7
19.92
18.59
16.76
20.59
17.43
22.98
23.05
10.77
- -
- -
- -
- -
- -
- -
- -
2.44
Effective Tax Rate (%)
11.02
8.42
6.55
9.24
7.88
7.5
4
0.36
3.82
-1.5
-1.9
-5.64
0.01
-1.24
-27.45
-11.71
8
Profit Margin (%)
4,598
4,716
4,818
5,307
5,323
5,379
5,042
4,375
4,279
3,912
3,559
3,023
3,045
3,330
2,808
2,747
3,041
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
1
- -
1
- -
LT Debt
6,615
6,803
6,626
7,007
7,163
7,479
7,251
6,806
6,950
6,604
6,466
6,410
6,494
6,287
5,615
5,285
5,514
Total Equity
16.43
8.1
6.26
7.8
3.24
8
7.85
1.45
-1.6
- -
- -
- -
- -
- -
- -
- -
2.17
Return on Invested Capital (%)
14.95
12.78
7.74
11.31
8.77
11.48
7.3
0.57
4.54
- -
- -
- -
- -
- -
- -
- -
5.07
Return on Capital (%)
15.75
13.45
7.73
11.41
8.6
11.6
7.24
0.44
4.32
-1.73
-2.31
-5.61
0.01
-1.18
-12.47
-5.8
5.45
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
127
203
204
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
318
318
318
Market Capitalization
8,387
25,288
17,695

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,950
4,253
4,190
Cash, Cash Equivalents & STI
1,525
1,335
1,215
Accounts Receivable, Net
1,298
1,523
1,519
Inventories
1,027
1,294
1,373
Total Current Liabilities
1,203
1,297
1,149
Payables & Accruals
- -
- -
- -
ST Debt
127
203
204
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.35%
-3.86%
-5.88%
Free Cash Flow
0.54%
-154.82%
-237.22%
Net Income, GAAP
-1,745.01%
-3,612.54%
-57.35%
Sales/Revenue/Turnover
-10.78%
-16.57%
-0.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
983
975
274
378
2,610
2025
419
655
601
934
2,609
2026
1,046
909
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.35
-0.29
-0.87
-0.74
-2.26
2025
-0.6
-0.69
-0.04
0.36
-0.96
2026
0.41
0.15
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Zinwell Corporation is a Taiwan-based company primarily engaged in the design, manufacturing, and distribution of digital cable, satellite, and terrestrial receiving equipment, broadcast and broadband communication equipment, and digital home entertainment products. Its product portfolio includes satellite and terrestrial receivers; dCSS and LNB components; headend systems; wireless video senders; NextGen TV (ATSC 3.0) boxes; soundbars; residential broadband solutions; powerline communication products such as G.hn and G.fast; XGXPON and GPON solutions; WiFi and MoCA solutions; 4G/5G/IoT/mmWave/radio modules; CATV/MATV transmission equipment; optoelectronic components; and outdoor CATV amplifiers. The company serves the digital home and communication markets globally with a strong presence in Taiwan and operations extending to China for manufacturing, including leasing parts of its plant and dormitory facilities as part of asset optimization. Founded in 1981 and headquartered in New Taipei City, Taiwan, Zinwell aims to provide comprehensive communication and entertainment solutions to a diverse customer base, including telecommunications operators, broadcasters, and consumers. In the recent 1-2 years, Zinwell has undertaken significant operational adaptations, notably leasing portions of its manufacturing plant and dormitory facilities in China to optimize assets amid evolving market conditions. The company also maintains strategic alliances, such as the partnership with Swedish firm Forsway to co-develop and manufacture next-generation satellite terminals featuring advanced satellite reception, routing capabilities (DVB-S2X and GSE), embedded LTE, and expandable storage for fixed installations and connected vehicles. This collaboration marks a shift towards integrating high-performance networking technologies and broadening product offerings in the satellite communications domain. Zinwell continues to innovate and expand its portfolio with technologically advanced broadcast, broadband, and home entertainment solutions while navigating operational efficiencies and market challenges. Zinwell operates within the telecommunications and digital home entertainment industry segments. Its product and service offerings target telecommunication companies, broadcasters, and residential customers requiring advanced communication infrastructure and home entertainment technologies. The company leverages its extensive R&D and manufacturing capabilities, including ODM and EMS models, across Taiwan and China to support its global market reach. As of the latest financial disclosures, Zinwell reported continued efforts to streamline operations and elevate product competitiveness in a dynamic market environment. Overall, Zinwell Corporation combines a broad range of communication and multimedia hardware products with strategic partnerships and operational adjustments that position it as a key supplier in digital home, satellite, and broadband communication technology sectors since its founding in 1981 in Taiwan. The company's headquarters remain in New Taipei City, Taiwan.