Evergreen Aviation Technologies Corporation

Evergreen Aviation Technologies Corporation

TTWSE:2645
169.00
TWD
-1.50
(-0.88%)
5.44EPS
26.00P/E
53.19BMarket Cap
Nov 16Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
72.36
71.8
16.86
27.26
33.57
39.92
43.48
48.53
48.55
Basic EPS, GAAP
2.79
3.08
1.85
2.5
4.48
4.95
4.9
5.46
5.46
Free Cash Flow per Basic Share
0.48
7.34
11.26
3.71
3.06
4.89
4.23
8.08
8.08
Dividend per Share
1
1.51
3.09
3
2
4.05
4.5
4.5
- -
Book Value per Share
36.39
39.15
28.21
27.58
30.93
34.6
35.34
36.21
36.21
Tangible Book Value per Share
35.93
38.85
28.03
27.47
30.87
34.49
35.27
36.15
36.15
Basic Weighted Avg Shares
636
650
634
353
353
370
375
375
374
Sales/Revenue/Turnover
46,036
46,680
10,688
9,617
11,847
14,782
16,285
18,179
18,179
Operating Margin (%)
3.72
4.41
13.89
11.67
11.05
13.45
14.93
16.51
16.51
Depreciation Expense
801
1,014
901
889
874
763
726
758
758
Net Income, GAAP
1,772
1,999
1,173
881
1,581
1,833
1,837
2,045
2,045
Effective Tax Rate (%)
25.94
16.44
15.87
18.52
19.69
18.13
19.87
20.23
20.23
Profit Margin (%)
3.85
4.28
10.98
9.16
13.35
12.4
11.28
11.25
11.25
Working Capital
15,020
13,115
7,503
6,553
6,367
8,091
8,479
8,425
8,425
LT Debt
12,038
12,132
10,245
9,018
7,580
6,744
6,453
5,698
5,698
Total Equity
12,837
13,813
9,952
9,729
10,912
12,959
13,239
13,561
13,561
Return on Invested Capital (%)
- -
5.97
4.87
4.3
5.37
7.43
9.06
11.24
11.24
Return on Capital (%)
- -
7.77
5.09
4.53
8.19
9.45
9.26
10.3
10.3
Return on Common Equity (%)
- -
15
9.87
8.95
15.32
15.36
14.03
15.26
15.26

Capital Structure

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
1,505
1,532
1,618
LT Borrowings
3,738
3,648
3,550
LT Finance Leases
2,217
2,183
2,148
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
375
375
375
Market Capitalization
39,330
60,680
53,189

Working Capital

TWD

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
12,843
12,051
12,675
Cash, Cash Equivalents & STI
5,543
4,719
5,315
Accounts Receivable, Net
3,893
4,138
4,081
Inventories
2,380
2,262
2,392
Total Current Liabilities
5,419
3,926
4,250
Payables & Accruals
- -
- -
- -
ST Debt
1,505
1,532
1,618
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
6.66%
2.44%
Free Cash Flow
- -
9.43%
91.21%
Net Income, GAAP
- -
16.41%
11.3%
Sales/Revenue/Turnover
- -
11.95%
11.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
3,313
3,789
3,940
3,740
14,782
2024
3,698
3,984
4,028
4,575
16,285
2025
4,190
4,670
4,488
4,832
18,179

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.84
1.69
1.67
0.73
4.95
2024
1.36
1.34
1.07
1.13
4.9
2025
1.49
0.72
1.95
1.3
5.46

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
4.05
2024
- -
- -
- -
- -
4.5
2025
- -
- -
- -
- -
4.5

Company Description

CEO
Wei Chang Li
Full Time Employees
3,221
Sector
Transportation
Industry
Other transportation
Address
6 Hangzhan South Road Taoyuan TP Taiwan 337
IPO Date
Mar 14, 2023
Business
Evergreen Aviation Technologies Corporation Evergreen Aviation Technologies Corporation (2645.TW) provides comprehensive aircraft maintenance, repair, and overhaul (MRO) solutions, along with manufacturing services for aerospace components, to airline partners in Taiwan and internationally. The company offers core products and services including ramp maintenance and aircraft on ground (AOG) services; heavy maintenance visits and base maintenance; aircraft conversions such as passenger-to-freighter modifications; engine overhauls like Kiwi GE90 inspections and T700 repairs; component maintenance covering navigation electronics, electrical systems, instrumentation, hydraulics, mechanical parts, composites, and escape equipment; and parts manufacturing through mechanical processing, aluminum alloy fabrication, and special processes. It operates through Maintenance and Manufacturing segments, serving over 40 airlines as an FAA, EASA, and JCAB Part-145 certified repair station, with facilities including the Guanyin Branch established in 2015 for aerospace parts assembly and integration. Founded in 1991 as a subsidiary of EVA Airways Corp. within the Evergreen Group and later forming a joint venture with General Electric in 1998, the company is headquartered at 6 Hang-Zhan South Road, Dayuan District, Taoyuan, Taiwan. Evergreen Aviation Technologies Corporation maintains approximately 3,145 employees and focuses on the aerospace and defense industry, targeting commercial aviation operators with emphasis on flight safety, innovation, and efficiency. In recent developments, the company listed on the Taiwan Stock Exchange (TWSE) in February 2022, expanding its public market presence. It integrated its Guanyin manufacturing operations (EGAP) into the main entity on March 1, 2019, to streamline resources, enhance R&D collaboration, and offer diversified services. Additionally, Evergreen Aviation Technologies Corporation expanded partnerships, including a joint venture and multi-year agreement with Spirit AeroSystems to serve Asia-Pacific aftermarket customers and a collaboration with Iveda for unmanned aerial vehicle (UAV) market entry.