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Zyxel Group Corporation

Zyxel Group Corporation

TTWSE:3704
39.55
TWD
-0.55
(-1.37%)
1.11EPS
44.17P/E
18.83BMarket Cap
Nov 09Next Earn
Zyxel Group Corporation
TWSE:3704
(Taiwan Stock Exchange)

Recent

price

39.55

P/E

ratio

44.17

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
17.64
39.42
35.08
40.67
49.59
51.38
57.54
49.35
57.3
61.95
57.25
52.38
73.04
76.46
64.34
62.4
66.19
Revenue per Share
1.72
2.9
-0.05
0.8
0.41
-1.5
0.72
-1.47
-1.54
0.28
2.13
2.24
3.87
3.38
1.41
1.56
1.05
Basic EPS, GAAP
-2.43
4.16
-2.78
1.44
-2.16
-0.46
3.65
0.69
-6.39
5.73
3.04
-0.73
-0.09
8.54
-5.78
-0.52
-1.82
Free Cash Flow per Basic Share
- -
0.7
1.22
0.04
0.33
0.17
- -
0.22
- -
- -
- -
0.45
0.53
1.24
1.49
0.3
- -
Dividend per Share
19.99
22.49
21.97
23.03
23.2
21.88
22.12
20.41
18.67
18.62
21.03
23.06
25.23
27.35
27.28
28.64
29.97
Book Value per Share
19.97
22.49
21.97
22.85
23.07
21.67
21.82
20.06
18.37
18.3
20.37
22.14
24.34
26.63
26.78
28.24
29.66
Tangible Book Value per Share
431
432
430
429
429
416
390
388
388
388
389
490
418
397
404
405
406
Basic Weighted Avg Shares
7,609
17,038
15,079
17,434
21,261
21,390
22,446
19,141
22,223
24,026
22,251
25,682
30,516
30,380
25,969
25,295
26,904
Sales/Revenue/Turnover
11.05
8.13
-0.39
0.89
2.76
-1.08
2.93
-2.77
-2.85
0.74
5.8
5.56
6.19
4.28
3.55
4.71
4.5
Operating Margin (%)
271
590
275
331
284
312
355
308
335
368
364
367
414
459
467
493
485
Depreciation Expense
743
1,254
-20
344
174
-625
283
-570
-596
107
828
1,097
1,618
1,341
570
634
428
Net Income, GAAP
3.97
16.57
111.81
25.22
53.94
- -
37.84
- -
- -
- -
29.33
23.82
18.34
12.92
17.71
28.97
35.5
Effective Tax Rate (%)
9.76
7.36
-0.14
1.97
0.82
-2.92
1.26
-2.98
-2.68
0.44
3.72
4.27
5.3
4.41
2.19
2.51
1.59
Profit Margin (%)
6,551
7,682
6,840
6,982
7,301
5,974
6,158
5,438
4,776
4,668
5,827
8,480
8,945
9,827
8,683
7,807
8,357
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
449
443
2,296
2,301
2,277
2,292
342
340
LT Debt
9,349
10,215
9,490
9,927
10,005
8,755
8,627
7,983
7,306
7,242
8,306
9,220
10,014
11,116
11,297
11,852
12,372
Total Equity
16.73
11.45
0.07
1.1
2.45
- -
4.02
- -
- -
- -
9.06
8.94
10.23
7.33
2.45
4.02
3.9
Return on Invested Capital (%)
15.72
12.78
-0.23
3.35
1.63
- -
2.98
- -
- -
- -
8.38
9.33
11.51
9.35
4.24
4.45
2.66
Return on Capital (%)
15.99
12.91
-0.21
3.57
1.76
-6.7
3.27
-6.91
-7.87
1.48
10.68
12.64
17.11
12.92
5.19
5.61
3.64
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,405
3,619
5,164
LT Borrowings
- -
- -
- -
LT Finance Leases
342
350
340
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
405
405
405
Market Capitalization
12,945
13,228
18,831

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,113
18,988
24,231
Cash, Cash Equivalents & STI
4,035
3,763
3,719
Accounts Receivable, Net
6,093
6,679
10,357
Inventories
5,777
7,147
8,876
Total Current Liabilities
9,306
11,005
15,874
Payables & Accruals
- -
- -
- -
ST Debt
3,405
3,619
5,164
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.36%
7.43%
4.92%
Free Cash Flow
-1,167.57%
-1,898.26%
-91.05%
Net Income, GAAP
13.23%
3.34%
11.32%
Sales/Revenue/Turnover
2.37%
3.33%
-2.6%
Total Cash Common Dividend
- -
- -
-79.9%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,559
6,509
6,401
7,501
25,969
2025
7,035
6,187
- -
5,656
25,295
2026
6,310
8,751
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.32
-0.28
1.26
1.41
2025
0.7
-0.94
- -
0.44
1.56
2026
0.29
1.26
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.49
2025
- -
- -
- -
- -
0.3
2026
- -
- -
- -
- -
- -
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Business
Zyxel Group Corporation Zyxel Group Corporation (3704.TW) provides comprehensive networking solutions for telecommunications service providers, small and medium-sized enterprises, and digital home users worldwide. Founded in 1989 and headquartered in Hsinchu City, Taiwan, the company operates through key subsidiaries including Zyxel Communications Corporation, which delivers broadband access equipment such as wireless and mobile customer premise equipment, fixed-line customer premise equipment, fiber optic solutions including All-In-One Whitebox OLT and upcoming 100G fiber network products in 2025, 5G fixed wireless access solutions integrating 5G and Wi-Fi 7 technologies, and network management software; MitraStar Technology Corporation, focused on research, development, and original equipment manufacturing of wired and wireless broadband communication networks, internet, multimedia, and digital home applications with emphasis on cost control, mass production, and logistics; and Zyxel Networks Corporation, offering channel business products like enterprise wireless access points, switches, firewalls, 5G/LTE mobile routers, cloud-managed Nebula platform with AI-driven features such as Nebula AI-Intent and SecuPilot, security routers with recycled plastic casings, and e-commerce via Zyxel Store. The group maintains global operations across the Americas, China, Southeast Asia, Europe, the Middle East, and 150 markets, generating USD808.93 million in 2024 revenue with 3,690 employees. In June 2023, the company changed its name from Unizyx Holding Corporation to Zyxel Group Corporation; recent developments include launching a revamped partner program in early 2025 to promote cloud networking via Nebula with tiered incentives, pay-as-you-go licensing, and AI tools; forming a platinum partnership with Mobit in September 2025 for secure network solutions in Norway; partnering with Avast in November 2025 for integrated network and endpoint protection targeting SMBs; expanding WiFi 7 portfolio and introducing pay-as-you-go billing on Nebula Circle; mass-producing flagship 5G FWA products certified by Wi-Fi Alliance for European providers; and earning the Taiwan Excellence Award for its USG FLEX 50HP Firewall in November 2025.