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  2. •

    Producer manufacturing

  3. •

    Electrical products
Well Shin Technology Co., Ltd.

Well Shin Technology Co., Ltd.

TTWSE:3501
37.65
TWD
-0.05
(-0.13%)
1.74EPS
23.40P/E
4.82BMarket Cap
Nov 17Next 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
47.06
46.95
46.63
41.61
42.17
46.7
41.11
39.41
47.2
52.09
45.06
50.08
46.85
44.44
Basic EPS, GAAP
4.25
4.03
6.32
5.94
4.46
5.99
4.4
3.59
2.92
6.42
4.29
6.12
3
1.74
Free Cash Flow per Basic Share
3.28
0.46
1.82
7.65
-0.86
4.95
8.75
0.92
-4.19
5.01
12.18
-0.42
-3.18
-5.66
Dividend per Share
3.17
2.99
2.59
4
4
3.2
3.5
3
2.5
2
4
3
4
- -
Book Value per Share
42.74
44.52
47.75
47.64
47.39
49.68
49.32
50.16
50.3
55.74
55.31
60.1
58.78
59.47
Tangible Book Value per Share
42.69
44.37
47.63
47.56
47.29
49.61
49.27
50.09
50.24
55.7
55.28
60.05
58.74
59.41
Basic Weighted Avg Shares
112
114
116
118
118
118
118
118
118
118
118
118
118
118
Sales/Revenue/Turnover
5,277
5,358
5,421
4,921
4,987
5,522
4,862
4,661
5,582
6,159
5,329
5,922
5,540
5,228
Operating Margin (%)
9.59
8.47
11.79
17.04
16.1
14.02
12.69
11.47
7.82
11.96
11.5
11.49
7.75
5.33
Depreciation Expense
121
124
152
173
152
156
160
145
148
150
150
152
138
134
Net Income, GAAP
477
459
735
702
527
708
520
424
345
760
508
723
354
205
Effective Tax Rate (%)
22.76
23.65
23.49
22.03
22.57
24.36
25.57
24.71
30.84
23.92
26.57
22.99
26.83
24.29
Profit Margin (%)
9.03
8.57
13.55
14.26
10.57
12.82
10.71
9.1
6.19
12.33
9.52
12.22
6.4
3.92
Working Capital
3,082
3,028
3,172
3,312
3,167
3,358
3,348
3,796
4,031
4,810
4,754
5,184
4,330
4,256
LT Debt
- -
- -
- -
- -
- -
- -
2
26
68
72
40
104
111
110
Total Equity
4,853
5,147
5,635
5,623
5,593
5,864
5,833
5,932
5,948
6,591
6,541
7,107
6,951
7,033
Return on Invested Capital (%)
7.95
6.63
8.57
10.96
9.66
8.53
6.93
6.36
4.67
8.03
6.49
7.69
4.04
2.82
Return on Capital (%)
9.9
9.03
13.21
11.95
8.32
10.62
7.88
6.68
5.37
11.16
7.44
10.4
4.78
2.95
Return on Common Equity (%)
10.15
9.18
13.6
12.45
9.38
12.33
8.89
7.21
5.81
12.11
7.73
10.6
5.04
3.07

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
819
795
693
LT Borrowings
89
101
89
LT Finance Leases
22
22
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
118
118
118
Market Capitalization
5,718
5,558
4,819

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,117
6,369
6,260
Cash, Cash Equivalents & STI
2,434
2,437
2,086
Accounts Receivable, Net
1,512
1,411
1,594
Inventories
1,983
2,169
2,371
Total Current Liabilities
1,787
2,161
2,005
Payables & Accruals
- -
- -
- -
ST Debt
819
795
693
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.21%
3.36%
-2.2%
Free Cash Flow
-54.18%
-13.95%
666.37%
Net Income, GAAP
1.97%
11.95%
-51%
Sales/Revenue/Turnover
0.81%
4.26%
-6.46%
Total Cash Common Dividend
- -
14.33%
33.33%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,379
1,594
1,569
1,380
5,922
2025
1,462
1,470
1,356
1,251
5,540
2026
1,260
1,360
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.6
1.55
0.99
1.98
6.12
2025
1.35
0.63
0.6
0.41
3
2026
0.15
0.57
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
4
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jui Shiung Wu
Full Time Employees
4,790
Sector
Producer manufacturing
Industry
Electrical products
Address
No. 196, Xinhu 3rd Road Taipei TPE Taiwan 114065
IPO Date
Jan 25, 2006
Website
wellshin.com.tw
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Business
Well Shin Technology Co., Ltd. (3501.TW) manufactures and sells power cords, cables, electronic components and related accessories worldwide. The company produces locking cords, AC power cord sets, AC/DC adapter kits and AC sockets; AC plugs and connectors, assemblies, adapters, sockets, power strips and AC/DC power chargers; hardware and terminal products; PVC, rubber and halogen-free wires and cables; electric vehicle cables and connectors; smart home and travel kits; and offers warehouse leasing services, with products marketed under the Smartbears, PLUGO and Conntek brands. Well Shin Technology operates in Asia, the United States and Europe, serving industrial, construction, generator power, marine shore power, RV camping, trailer and truck towing, EV green power, medical equipment, consumer electronics and smart home sectors. Founded in 1986 and headquartered at No. 196, Xinhu 3rd Road, Neihu District, Taipei, Taiwan, the company changed its name from Well Shin Enterprise Co., Ltd. in 2002, listed on the Taiwan Stock Exchange in 2007 and joined the Foxlink Group that year. In recent developments, Well Shin Technology reported third quarter 2025 earnings with earnings per share of NT$0.60 versus NT$0.99 in the prior year period, alongside trailing twelve-month revenue of NT$5.88 billion as of September 2024, reflecting ongoing focus on operational efficiency amid fluctuating profitability; the firm maintains steady product innovation in EV cables, smart home systems with APP management and energy-saving LED lighting.