Zhen Ding Technology Holding Limited

Zhen Ding Technology Holding Limited

TTWSE:4958
567.00
TWD
-11.00
(-1.90%)
13.11EPS
70.67P/E
698.33BMarket Cap
Nov 11Next 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
87.3
102.83
108.73
102.38
135.74
146.52
137.25
144.42
164.05
181.34
160.22
180.81
185.69
183.99
Basic EPS, GAAP
7.41
9.12
9.8
4.29
6.43
10.5
9.93
8.9
10.21
15.02
6.55
9.67
6.91
8.91
Free Cash Flow per Basic Share
2.79
12.99
9.33
-0.03
-9.19
13.22
-0.22
-5.17
-18.09
16.88
7.93
14.88
-6.01
-26.12
Dividend per Share
1.9
3
3.75
4.5
2.2
3.3
4.6
4.47
4.51
5.01
6.01
3.27
4.67
- -
Book Value per Share
34.81
43.35
52.5
47.51
55.1
69.66
74.44
82.99
89.28
102.54
101.27
114
115.86
139.13
Tangible Book Value per Share
34.69
43.23
52.38
47.39
54.99
69.42
74.04
80.69
87.07
100.27
98.82
111.8
113.32
136.71
Basic Weighted Avg Shares
739
739
789
805
805
805
875
909
945
945
945
949
983
1,051
Sales/Revenue/Turnover
64,483
75,954
85,738
82,393
109,238
117,913
120,068
131,279
155,022
171,356
151,398
171,664
182,522
193,395
Operating Margin (%)
9.59
10.42
9.75
5.6
7.93
12.6
12.34
10.79
10.17
13.1
6.06
6.74
7.64
8.66
Depreciation Expense
3,742
4,293
4,850
5,295
5,679
6,820
7,955
8,405
11,875
14,638
16,323
17,749
18,552
19,419
Net Income, GAAP
5,471
6,735
7,731
3,456
5,172
8,448
8,685
8,095
9,651
14,197
6,189
9,180
6,791
9,370
Effective Tax Rate (%)
9.87
15.65
17.69
34.88
20.27
21.34
17.05
16.57
15.56
12.5
6.13
12.95
24.59
20.94
Profit Margin (%)
8.48
8.87
9.02
4.19
4.74
7.16
7.23
6.17
6.23
8.29
4.09
5.35
3.72
4.85
Working Capital
9,156
13,560
17,573
13,796
26,187
37,059
44,171
35,888
39,055
36,066
35,106
63,304
54,820
61,491
LT Debt
13,475
13,679
9,650
9,651
12,700
9,195
9,132
11,044
18,366
13,303
19,019
34,884
27,086
28,193
Total Equity
25,714
32,023
42,253
38,230
55,261
78,109
90,344
104,038
113,520
132,866
134,326
152,024
170,713
210,834
Return on Invested Capital (%)
11.82
11.86
10.35
4.28
8.66
11.85
11.23
9.45
9.15
11.8
4.65
5.03
4.82
5.59
Return on Capital (%)
12.6
12.95
12.38
5.38
5.32
6.3
5.17
4.1
4.18
5.24
2.6
3.66
2.11
2.68
Return on Common Equity (%)
23.77
23.33
20.82
8.59
12.53
16.83
14.1
11.12
11.86
15.67
6.43
8.98
5.83
7.5

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
25,925
34,363
43,583
LT Borrowings
26,430
30,513
27,431
LT Finance Leases
656
688
762
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,070
1,070
1,108
Market Capitalization
151,960
220,903
698,332

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
127,641
132,304
162,960
Cash, Cash Equivalents & STI
71,152
82,480
97,098
Accounts Receivable, Net
31,412
21,690
28,595
Inventories
19,616
23,795
28,590
Total Current Liabilities
72,821
83,301
101,470
Payables & Accruals
- -
- -
- -
ST Debt
25,925
34,363
43,583
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.99%
10.54%
12.29%
Free Cash Flow
3,520.02%
-7.14%
-141.85%
Net Income, GAAP
8.59%
6.44%
-26.03%
Sales/Revenue/Turnover
8.45%
7.34%
6.33%
Total Cash Common Dividend
11.26%
7.74%
48.05%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32,510
32,411
50,609
56,133
171,664
2025
40,082
38,203
47,366
56,870
182,522
2026
40,728
48,431
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.03
0.51
3.52
4.57
9.67
2025
0.66
0.63
2.46
2.95
6.91
2026
1.33
2.19
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.27
2025
- -
- -
- -
- -
4.67
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chen-Fu Chien
Full Time Employees
52,108
Sector
Electronic technology
Industry
Electronic components
Address
Grand Pavilion, Hibiscus Way, 802 West Bay Road, P.O. Box 31119 Taoyuan TAO Taiwan KY1-1205
IPO Date
Dec 19, 2011
Website
zdtco.com
Business
Zhen Ding Technology Holding Limited engages in the design, development, manufacture, and sale of printed circuit boards worldwide. The company offers flexible printed circuit boards (FPC), substrate-like PCBs (SLP), high-density interconnect (HDI) PCBs, rigid printed circuit boards (RPCB), integrated circuit (IC) substrates, rigid-flex PCBs, Mini LED ultra-thin boards, and related modules; its products serve applications in mobile phones, computers, servers, storage devices, telecommunications base stations, networking equipment, automotive electronics, wearable devices, smart home products, augmented reality/virtual reality devices, data centers, high-performance computing, and medical fields. Zhen Ding Technology Holding Limited, founded in 1995 and headquartered in Grand Cayman, Cayman Islands, operates manufacturing campuses in Taiwan, China, and Thailand, with over 20 sales offices globally; subsidiaries include Avary Holding (Shenzhen) Co., Ltd., Boardtek Electronics Corporation, and Peng Shen Technology (Thailand) Co., Ltd. Recent developments include a strategic cooperation agreement with DuPont in 2025 to advance high-end PCB technology, materials research, and smart manufacturing; issuance of US$400 million in overseas convertible bonds in September 2025 to support high-end product development and working capital; approval for investment in Kaohsiung AI Park in December 2024 to produce advanced HLC-HDI PCBs for AI servers; completion of the first phase of its Thailand factory in August 2024 targeting AI servers, automotive, and optical communications; and strategic partnerships with Advantech and eslite spectrum for AI intelligent parks and urban development.