Rechi Precision Co. Ltd.

Rechi Precision Co. Ltd.

TTWSE:4532
24.05
TWD
-0.10
(-0.41%)
1.98EPS
15.07P/E
13.68BMarket Cap
Nov 06Next 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
35.17
38.7
33.37
37.31
40.68
44.98
39.87
38.26
44.81
36.74
33.72
43.03
40.98
41.77
Basic EPS, GAAP
1.96
2.3
1.86
2.8
2.1
2.2
1.3
1.41
1.08
1.38
1.5
2.02
2.05
1.87
Free Cash Flow per Basic Share
2.86
-1.9
2.69
1.77
-0.45
2.61
2.9
7.7
4.36
1.18
0.87
7.26
-1.18
5.83
Dividend per Share
1.41
1.46
2
1.58
2.28
1.77
1.2
0.5
0.7
0.7
0.9
1
1.5
- -
Book Value per Share
15.57
17.2
16.56
16.45
16.04
16.24
15.7
17.51
18.01
18.98
19.28
21.35
21.35
21.88
Tangible Book Value per Share
15.54
17.17
16.53
16.41
16.01
16.15
15.5
17.31
17.82
18.88
19.17
21.21
21.2
21.74
Basic Weighted Avg Shares
468
468
468
474
487
500
505
505
504
500
500
500
495
492
Sales/Revenue/Turnover
16,473
18,127
15,630
17,674
19,827
22,479
20,133
19,320
22,602
18,371
16,860
21,517
20,279
20,548
Operating Margin (%)
9.15
8.82
7.26
11.22
7.17
7.29
4.33
4.21
2.53
3.23
5.54
6.01
6.79
5.26
Depreciation Expense
717
719
685
678
676
756
835
886
925
901
826
808
825
850
Net Income, GAAP
916
1,079
869
1,324
1,021
1,101
656
709
543
688
751
1,008
1,016
919
Effective Tax Rate (%)
32.16
30.38
28.48
29.45
27.25
26.98
19.27
26.86
25.56
25.56
28.35
30.54
27.6
27.25
Profit Margin (%)
5.56
5.95
5.56
7.49
5.15
4.9
3.26
3.67
2.4
3.75
4.45
4.68
5.01
4.47
Working Capital
4,573
5,360
4,650
4,354
4,516
4,762
6,322
6,742
5,980
6,758
5,450
6,547
5,756
5,990
LT Debt
1,192
950
1,253
1,190
2,206
3,345
5,523
4,728
3,140
2,381
234
648
64
43
Total Equity
8,984
10,309
9,947
9,486
9,404
9,727
9,450
10,280
10,413
10,871
10,801
11,621
11,369
11,708
Return on Invested Capital (%)
6.84
6.68
4.66
8.01
5.55
5.72
3.14
2.6
1.94
2.12
3.36
4.15
4.37
3.36
Return on Capital (%)
5.67
6.25
5.24
7.76
5.92
5.8
4.01
3.59
2.87
3.7
3.89
4.86
4.64
4.05
Return on Common Equity (%)
13.1
14.06
11
16.9
12.94
13.71
8.14
8.46
6.09
7.44
7.85
9.92
9.66
9.27

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,375
11,396
13,298
LT Borrowings
60
45
40
LT Finance Leases
3
4
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
486
485
486
Market Capitalization
12,045
12,683
13,680

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
21,583
23,674
24,938
Cash, Cash Equivalents & STI
10,104
10,751
10,919
Accounts Receivable, Net
3,581
4,006
3,854
Inventories
2,497
2,593
2,266
Total Current Liabilities
15,827
18,186
18,948
Payables & Accruals
- -
- -
- -
ST Debt
10,375
11,396
13,298
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.44%
2.1%
-2.17%
Free Cash Flow
-20.45%
95.46%
-116.05%
Net Income, GAAP
5.24%
9.48%
0.84%
Sales/Revenue/Turnover
3.61%
2.38%
-5.76%
Total Cash Common Dividend
4.53%
25.45%
48.55%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,931
6,159
4,983
5,444
21,517
2025
6,622
5,465
3,837
4,355
20,279
2026
6,031
6,325
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
0.65
0.3
0.57
2.02
2025
0.73
0.46
0.31
0.55
2.05
2026
0.48
0.53
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Fa Feng
Full Time Employees
5,061
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 943 Chenggong Rd. Taoyuan TYC Taiwan 328
IPO Date
Feb 25, 2002
Website
rechi.com
Business
Rechi Precision Co., Ltd. (4532.TW) manufactures and sells precision thermal management components and systems for consumer electronics, automotive, and industrial applications. The company produces DC brushless motors, fans, blowers, and micro axial fans; rotary compressors and condensing units for air conditioners; thermoelectric coolers (TEC modules), Peltier modules, and temperature control systems; as well as custom thermal solutions including heat pipes, vapor chambers, and liquid cooling systems. These products serve major brands in smartphones, laptops, servers, electric vehicles, and refrigeration equipment, with operations spanning Asia, North America, and Europe from its headquarters in Taoyuan, Taiwan, where it was founded in 1982. Rechi Precision focuses on the electronics cooling and HVAC compressor segments, targeting OEMs and tier-1 suppliers in the consumer electronics, automotive EV/HEV, cloud computing, and precision cooling markets. Its facilities include manufacturing sites in Taiwan, China, and Vietnam, enabling global supply chain efficiency and cost competitiveness. The company maintains subsidiaries for sales and R&D in key regions, emphasizing innovation in energy-efficient, low-noise thermal solutions. In the past two years, Rechi Precision expanded its automotive business through strategic partnerships with leading EV manufacturers for advanced liquid cooling pumps and integrated thermal modules; completed a major funding round in 2024 to scale production of next-generation rotary compressors; and launched new high-efficiency TEC-based cooling systems for AI servers and 5G base stations amid surging data center demand. No significant name changes or reorganizations have occurred recently.