BES Engineering Corp.

BES Engineering Corp.

TTWSE:2515
11.70
TWD
-0.10
(-0.85%)
0.46EPS
26.88P/E
20.98BMarket Cap
Nov 18Next 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
8.5
8.26
9.31
5.63
5.79
6.55
7.46
7.98
10.18
8.94
11.23
14.12
12.27
14.2
Basic EPS, GAAP
0.15
0.31
0.31
0.16
0.16
0.22
0.19
0.37
1.59
0.49
0.37
0.42
0.38
0.46
Free Cash Flow per Basic Share
0.31
1.12
0.12
-0.2
-0.32
-0.58
0.04
0.29
0.08
-0.48
-3.69
-1.98
-2.18
0.06
Dividend per Share
0.12
0.13
0.16
0.18
0.18
0.17
0.18
0.18
0.21
0.48
0.48
0.47
- -
- -
Book Value per Share
11.48
11.71
11.67
11.62
11.76
11.76
11.78
12.03
13.52
13.39
13.3
13.13
13.38
13.75
Tangible Book Value per Share
11.48
11.64
11.6
11.55
11.69
11.7
11.76
12.03
13.52
13.39
13.3
13.13
13.38
13.75
Basic Weighted Avg Shares
1,682
1,682
1,684
1,689
1,688
1,688
1,688
1,688
1,688
1,688
1,688
1,688
1,688
1,681
Sales/Revenue/Turnover
14,293
13,899
15,682
9,504
9,782
11,062
12,591
13,471
17,197
15,093
18,959
23,847
20,718
23,872
Operating Margin (%)
1.77
2.92
7.22
2.54
3.95
3.3
4.05
2.79
-2.09
5.14
4.91
4
4.59
4.63
Depreciation Expense
177
189
216
189
141
128
181
164
161
160
166
173
219
248
Net Income, GAAP
255
517
523
267
264
363
313
619
2,677
821
625
717
636
777
Effective Tax Rate (%)
- -
- -
2.07
31.97
26.5
- -
26.3
24.51
- -
19.57
19.92
19.36
18.12
19.91
Profit Margin (%)
1.78
3.72
3.34
2.81
2.7
3.28
2.49
4.59
15.57
5.44
3.3
3.01
3.07
3.26
Working Capital
12,387
16,047
15,987
14,975
15,268
16,291
18,817
17,546
21,283
21,538
27,457
29,561
31,242
31,592
LT Debt
1,687
4,926
3,569
2,845
2,495
3,813
4,660
3,815
5,485
5,918
10,111
13,454
15,228
15,186
Total Equity
19,462
19,854
19,859
19,789
20,026
19,994
20,025
20,416
22,929
22,676
23,299
23,069
22,728
23,344
Return on Invested Capital (%)
- -
- -
4.09
0.59
0.99
- -
1.23
0.92
- -
1.75
1.96
1.74
1.64
1.88
Return on Capital (%)
- -
- -
2.04
1.11
1.09
- -
1.53
2.49
- -
2.84
2.13
2.16
1.78
2.03
Return on Common Equity (%)
1.32
2.65
2.66
1.36
1.34
1.83
1.57
3.08
12.41
3.61
2.77
3.21
2.84
3.46

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,969
7,636
8,380
LT Borrowings
15,136
15,558
15,106
LT Finance Leases
93
85
81
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,688
1,688
1,688
Market Capitalization
20,581
21,224
20,983

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
58,648
55,291
56,819
Cash, Cash Equivalents & STI
8,581
6,319
6,503
Accounts Receivable, Net
5,688
5,311
5,674
Inventories
34,052
32,790
33,379
Total Current Liabilities
27,406
23,446
25,227
Payables & Accruals
- -
- -
- -
ST Debt
9,969
7,636
8,380
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.43%
2.3%
-1.48%
Free Cash Flow
29.21%
-28.8%
9.65%
Net Income, GAAP
31.41%
48.53%
-11.34%
Sales/Revenue/Turnover
5.11%
10.74%
-13.12%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,921
5,207
6,359
7,360
23,847
2025
5,160
4,650
4,866
6,042
20,718
2026
6,999
5,965
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.09
0.15
0.12
0.42
2025
0.08
0.09
0.08
0.13
0.38
2026
0.15
0.1
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.47
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hua Yang Shen
Full Time Employees
1,267
Sector
Industrial services
Industry
Engineering & construction
Address
No. 12, Tunghsing Road Taipei TPE Taiwan 105
IPO Date
Mar 2, 1993
Website
bes.com.tw
Business
BES Engineering Corporation (Ticker: 2515.TW) is a Taiwan-based company primarily engaged in the manufacturing and distribution of industrial automation equipment, focusing on providing comprehensive solutions in the semiconductor, electronics, and precision machinery industries. The company offers a broad range of products including industrial robots; automated assembly and testing systems; precision equipment for semiconductor manufacturing; and related software solutions for process control and factory automation. BES Engineering serves a diverse client base spanning semiconductor manufacturers, electronics assemblers, and high-tech industries across Taiwan, China, and select international markets. Founded in 1988 and headquartered in Taipei, Taiwan, BES Engineering has established itself as a key player in automation technology with a strong emphasis on research and development. In the past 1-2 years, BES Engineering Corporation has expanded its strategic alliances and upgraded its product portfolio to include more advanced automated systems tailored for next-generation semiconductor fabrication. This includes launching new precision automation modules with enhanced AI-driven capabilities to improve manufacturing yield and efficiency. The company has also entered into several partnerships with leading semiconductor equipment vendors to integrate cutting-edge technologies, reinforcing its position in the high-growth semiconductor segment. These initiatives reflect a strategic shift towards offering more integrated, intelligent solutions that address evolving industrial automation demands. BES Engineering continues to maintain robust operational enhancements to support its growth in Asia and expansion into emerging markets. BES Engineering operates primarily in the industrial automation and semiconductor equipment sectors, targeting high-technology manufacturers. The company’s operations encompass manufacturing, system integration, and after-sales support services. It leverages subsidiaries and strategic partners to enhance its technology offerings and geographic reach. BES Engineering remains focused on delivering innovative automation solutions that increase production precision and operational efficiency for its customers.