1. Taiwan Stocks

  2. •

    Electronic technology

  3. •

    Telecommunications equipment
AzureWave Technologies, Inc.

AzureWave Technologies, Inc.

TTWSE:3694
48.55
TWD
-0.45
(-0.92%)
3.96EPS
15.57P/E
9.64BMarket Cap
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
49.33
41.55
50.84
47.25
47.21
47.27
50.98
63.75
76.09
65.8
62.42
60.96
74.85
77.31
Basic EPS, GAAP
-1.99
-4.33
0.3
0.6
0.26
-0.81
-0.76
2.02
2.05
1.93
2.18
2.75
4.03
4
Free Cash Flow per Basic Share
2.45
-0.78
1.87
2.85
-4.84
-4.9
2.17
1.6
-4.21
6
7.61
7.47
3.39
3.32
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.01
1.5
- -
Book Value per Share
15.87
11.93
12.1
12.19
12.07
11.61
10.67
12.18
13.86
17.15
19.34
22.3
23.67
23.63
Tangible Book Value per Share
15.56
11.67
11.93
12.1
12.01
11.59
10.64
12.14
13.82
17.13
19.32
22.28
23.59
23.46
Basic Weighted Avg Shares
130
130
130
130
132
146
151
150
150
153
153
152
152
153
Sales/Revenue/Turnover
6,405
5,395
6,600
6,135
6,229
6,924
7,679
9,592
11,447
10,070
9,531
9,251
11,415
11,857
Operating Margin (%)
-4.49
-10.29
1.02
2.14
0.5
-1.57
-0.84
3.32
2.34
2.75
3.3
3.82
4.95
4.64
Depreciation Expense
305
308
322
288
224
302
374
409
476
469
408
351
340
346
Net Income, GAAP
-259
-562
39
78
34
-118
-114
304
309
295
333
417
615
613
Effective Tax Rate (%)
- -
- -
12.85
1.35
- -
- -
- -
0.1
5.03
0.02
1.23
3.28
5.33
5.95
Profit Margin (%)
-4.04
-10.43
0.59
1.27
0.55
-1.71
-1.49
3.17
2.7
2.93
3.5
4.51
5.39
5.17
Working Capital
953
485
589
661
375
240
30
389
702
1,383
1,969
2,375
2,542
2,381
LT Debt
149
- -
- -
- -
- -
- -
241
198
146
126
130
78
44
127
Total Equity
2,060
1,549
1,571
1,583
1,612
1,750
1,606
1,832
2,085
2,620
2,951
3,401
3,668
3,661
Return on Invested Capital (%)
- -
- -
2.62
6.4
- -
- -
- -
11.22
10.08
8.68
9.78
10.15
13.89
12.99
Return on Capital (%)
- -
- -
2.29
4.29
- -
- -
- -
11.69
10.46
9.7
10.92
12.71
16.5
16.41
Return on Common Equity (%)
-11.98
-31.17
2.49
4.94
2.15
-7.05
-6.82
17.69
15.77
12.55
11.97
13.13
17.41
18.12

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
305
202
426
LT Borrowings
- -
- -
- -
LT Finance Leases
44
37
127
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
155
155
155
Market Capitalization
9,343
8,382
9,637

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,005
6,663
6,754
Cash, Cash Equivalents & STI
2,495
2,024
2,334
Accounts Receivable, Net
2,081
2,596
2,358
Inventories
1,327
1,934
1,965
Total Current Liabilities
3,463
3,898
4,372
Payables & Accruals
- -
- -
- -
ST Debt
305
202
426
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.22%
15.04%
7.83%
Free Cash Flow
-101.82%
-127.73%
-54.48%
Net Income, GAAP
-68.75%
16.54%
47.52%
Sales/Revenue/Turnover
6.39%
4.48%
23.39%
Total Cash Common Dividend
- -
- -
49.96%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,056
2,390
2,538
2,267
9,251
2025
2,388
3,079
3,395
2,553
11,415
2026
3,022
2,887
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
0.83
0.93
0.62
2.75
2025
0.77
1.07
1.43
0.75
4.03
2026
1.02
0.8
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.01
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kuang Chih Cheng
Full Time Employees
4,800
Sector
Electronic technology
Industry
Telecommunications equipment
Address
No. 94, Baozhong Road New Taipei Taiwan 111033
IPO Date
May 3, 2011
Website
azurewave.com
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Business
AzureWave Technologies, Inc. (3694.TW) manufactures and sells wireless connectivity and image processing modules worldwide. The company offers wireless modules including M.2 socket type, M.2 solder-down, stamp-hole solder-down, wireless IoT modules, and system-in-package products; camera modules such as USB interface, MIPI interface, ultra-slim narrow notebook, ultra-slim narrow MIPI, biological identification, and depth detection types; it also provides design, manufacturing, and software services supporting Bluetooth, Wi-Fi, 3G, GPS, DTV, and related technologies for applications in personal and industrial computers, mobile and internet devices, consumer electronics, home appliances, automotive components, manufacturing facilities, and IoT ecosystems. Founded in 2005 and headquartered at No. 94 Baozhong Road, 8th Floor, Xindian District, New Taipei City, Taiwan, AzureWave maintains offices in Hsinchu, Shanghai, Shenzhen, Tokyo, and San Jose, California, serving global markets across six continents. Recent developments include collaborations with Morse Micro to deliver the world's smallest Wi-Fi HaLow module (AW-HM581) in 2023 and with LitePoint and Morse Micro in 2024 to advance Wi-Fi HaLow adoption for industrial IoT via validated modules and testing; the company reported net profit growth to NT$417 million for fiscal year 2024 from NT$333 million in 2023, with revenue at NT$9.25 billion.