Sercomm Corp.

Sercomm Corp.

TTWSE:5388
74.00
TWD
-1.00
(-1.33%)
24.22BMarket Cap
Nov 05Next 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
94.57
102.87
149.57
151.26
158.45
137.23
129.48
145.62
175.31
254.67
240.38
193.48
181.43
- -
Basic EPS, GAAP
4.19
4.21
5.57
6.02
5.38
3.32
4.21
3.66
3.44
7.57
9.17
7.74
4.04
- -
Free Cash Flow per Basic Share
2.14
1.12
3.85
8.4
8.01
0.32
3.26
-1.8
-16.12
10.23
1.76
4.8
-0.11
- -
Dividend per Share
2.7
2.69
2.94
3.86
4.19
3.79
2.49
3.01
2.6
2.39
4.45
5.02
4.61
- -
Book Value per Share
23.03
26.41
28.78
30.29
29.52
29
30.82
30.89
32.68
38.31
49.53
54.69
53.24
54.08
Tangible Book Value per Share
22.36
25.83
27.5
29.12
28.31
27.52
29.44
29.2
30.98
36.44
48.11
53.65
52.23
53.18
Basic Weighted Avg Shares
202
225
234
243
244
243
246
248
250
254
260
294
298
299
Sales/Revenue/Turnover
19,077
23,193
35,012
36,702
38,600
33,385
31,797
36,096
43,900
64,574
62,584
56,789
53,999
- -
Operating Margin (%)
4.57
5.09
4.75
4.83
3.97
2.71
3.07
3.22
2.37
3.75
5.04
5.13
2.95
- -
Depreciation Expense
376
405
492
521
551
585
653
708
833
894
922
977
1,059
- -
Net Income, GAAP
845
949
1,305
1,462
1,312
808
1,033
907
861
1,919
2,386
2,271
1,203
- -
Effective Tax Rate (%)
17.47
20.18
18.08
19.28
18.65
17.67
19.04
18.8
16.02
17.36
20.05
19.47
20.37
- -
Profit Margin (%)
4.43
4.09
3.73
3.98
3.4
2.42
3.25
2.51
1.96
2.97
3.81
4
2.23
- -
Working Capital
1,584
2,261
2,701
3,330
3,154
2,831
5,768
5,590
7,190
10,707
11,922
11,281
10,469
11,425
LT Debt
557
196
182
128
114
100
2,623
3,798
5,046
7,396
5,812
3,130
3,220
3,903
Total Equity
4,728
6,059
6,938
7,357
7,226
7,010
7,676
7,720
8,244
9,801
13,216
16,319
15,943
16,198
Return on Invested Capital (%)
9.79
11.47
14.06
14.32
12.85
7.41
6.87
6.88
5.7
10.78
11.49
10.33
5.72
- -
Return on Capital (%)
12.48
12.79
14.56
15.7
14.67
8.45
9.77
7.43
6.07
11.36
12.28
11.02
6.35
- -
Return on Common Equity (%)
19.78
17.61
20.08
20.45
17.96
11.33
14.07
11.78
10.78
21.25
20.71
15.37
7.45
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,796
5,412
6,255
LT Borrowings
2,848
2,861
3,574
LT Finance Leases
372
359
329
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
300
300
300
Market Capitalization
23,858
22,479
24,217

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
39,259
42,315
49,219
Cash, Cash Equivalents & STI
5,842
5,008
5,660
Accounts Receivable, Net
11,335
12,028
12,319
Inventories
19,465
22,932
28,771
Total Current Liabilities
28,790
32,168
37,794
Payables & Accruals
- -
- -
- -
ST Debt
2,796
5,412
6,255
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.3%
16.34%
-2.3%
Free Cash Flow
145.71%
132.88%
-102.25%
Net Income, GAAP
6.94%
18.05%
-47.04%
Sales/Revenue/Turnover
5.67%
10.29%
-4.91%
Total Cash Common Dividend
11.57%
18.36%
-6.71%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,193
13,711
13,460
13,425
56,789
2025
11,354
12,215
- -
15,683
53,999
2026
16,646
20,616
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.35
1.84
1.83
1.69
7.74
2025
1.02
1.13
- -
0.89
4.04
2026
1.01
1.58
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.02
2025
- -
- -
- -
- -
4.61
2026
- -
- -
- -
- -
- -

Company Description

CEO
James Wang
Full Time Employees
4,172
Sector
Electronic technology
Industry
Telecommunications equipment
Address
Nankang Software Park Taipei TP Taiwan 115
IPO Date
May 19, 1999
Business
Sercomm Corporation (TWSE: 5388) designs, manufactures, and sells networking and communication equipment for broadband, enterprise, and smart home applications. The company offers a broad portfolio of products including fiber customer premise equipment (CPE), gigabit passive optical network (GPON) optical line terminals (OLTs) and optical network units (ONUs), 5G fixed wireless access (FWA) customer premise equipment, Wi-Fi 7 routers and access points, enterprise switches, IP video phones, smart gateways, and IoT devices such as cameras and sensors; it also provides related software platforms, cloud services, and engineering design services. Founded in 1992 and headquartered in Taipei, Taiwan, Sercomm operates globally with manufacturing facilities in Taiwan and China, sales offices across North America, Europe, Asia-Pacific, and Latin America, and serves major customers including telecommunications service providers, cable multiple system operators (MSOs), and enterprise clients. In recent developments, Sercomm expanded its 5G FWA portfolio with new mmWave and sub-6 GHz CPE models launched in 2024 to support high-speed broadband deployments; the company secured strategic partnerships with leading telcos for GPON and Wi-Fi 7 rollouts, including a multi-year supply agreement with a major U.S. MSO announced in early 2025; additionally, Sercomm completed the acquisition of a key IoT subsidiary in mid-2024 to bolster its smart home ecosystem offerings.