Shining Victory Motor Electronic Co., Ltd.

2248 · TW · Consumer Cyclical / Auto Parts

57.90TWD+1.10 (+1.94%)

Price History

Full chart

Market Stats

Previous Close56.80

Open56.90

Day Range56.60 – 58.50

52-Week Range40.45 – 70.80

Volume396.11K

Market Cap2.90B

P/E (TTM)8.44

Forward P/E0.00

EPS7.23

Dividend Yield5.06%

Beta-0.11

50-Day Avg60.70

200-Day Avg54.59

About

Shining Victory Motor Electronic Co., Ltd., together with its subsidiaries, manufactures and sells automotive LED interior lighting products in China, the United States, Mexico, and Thailand. It also provides interior and exterior decoration, and LED automotive lamps. In addition, the company offers auto and motorcycle molds, jigs, and automotive electronics components. Shining Victory Motor Electronic Co., Ltd. was founded in 2001 and is based in Taipei, Taiwan.

Company Details

SectorConsumer Cyclical
IndustryAuto Parts
CEOMr. Keng-sheng Chen
HeadquartersNo. 150, Nanjing East Road, Taipei, Taiwan, 104, Taiwan
Websitehttps://hs-elan.tw

Leadership

Mr. Keng-sheng ChenManager & Chairman
Zhong-ping ZhuAccounting Supervisor

Financials

Income Statement

Currency: TWD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	967.69M	896.30M	853.00M	632.11M	694.22M	926.52M	1.25B	1.93B	2.08B	2.07B
Growth (%)	-	-7.38%	-4.83%	-25.90%	+9.83%	+33.46%	+34.63%	+54.54%	+7.65%	-0.48%
Cost of Revenue	653.23M	590.03M	575.77M	467.58M	569.66M	716.23M	983.35M	1.51B	1.40B	1.43B
Gross Profit	314.46M	306.27M	277.23M	164.53M	124.56M	210.29M	264.05M	422.32M	679.98M	634.68M
Gross Margin	32.50%	34.17%	32.50%	26.03%	17.94%	22.70%	21.17%	21.91%	32.77%	30.73%
Operating Expense	151.08M	155.54M	170.30M	163.47M	150.22M	180.24M	199.53M	288.69M	359.14M	345.54M
Operating Income	163.38M	150.73M	106.93M	1.06M	-25.66M	30.05M	64.52M	133.63M	320.83M	289.14M
Operating Margin	16.88%	16.82%	12.54%	0.17%	-3.70%	3.24%	5.17%	6.93%	15.46%	14.00%
EBITDA	203.61M	197.04M	161.18M	66.10M	29.83M	96.48M	134.01M	203.04M	416.43M	342.69M
EBITDA Margin	21.04%	21.98%	18.90%	10.46%	4.30%	10.41%	10.74%	10.53%	20.07%	16.59%
Net Income	146.28M	127.53M	106.21M	20.40M	-2.08M	95.91M	111.20M	138.09M	269.79M	247.58M
Net Income Margin	15.12%	14.23%	12.45%	3.23%	-0.30%	10.35%	8.91%	7.16%	13.00%	11.99%
R&D	23.53M	34.55M	24.39M	26.88M	24.01M	31.38M	51.82M	65.53M	79.90M	101.48M
R&D as % of Total Revenue	2.43%	3.86%	2.86%	4.25%	3.46%	3.39%	4.15%	3.40%	3.85%	4.91%
Interest Expense	113.00K	2.38M	942.00K	1.70M	2.84M	3.16M	3.45M	7.41M	8.38M	5.56M
Interest Expense % of Total Revenue	0.01%	0.27%	0.11%	0.27%	0.41%	0.34%	0.28%	0.38%	0.40%	0.27%

Balance Sheet

Currency: TWD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	894.27M	996.98M	1.08B	1.11B	1.17B	1.28B	1.85B	2.16B	2.60B	3.03B
Total Liabilities	305.16M	298.89M	322.81M	402.57M	480.22M	500.49M	964.60M	1.20B	1.36B	1.37B
Total Equity	584.49M	693.53M	750.37M	706.47M	688.41M	778.31M	876.23M	967.26M	1.23B	1.66B
Cash	14.98M	60.77M	157.47M	267.84M	174.57M	153.76M	169.44M	123.69M	405.85M	714.61M
Total Debt	16.81M	24.07M	113.58M	164.48M	183.68M	194.41M	364.71M	418.16M	497.47M	408.36M
Net Debt	1.82M	-36.71M	-43.89M	-103.36M	9.10M	16.22M	195.27M	294.48M	91.62M	-306.25M

Cash Flow

Currency: TWD	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	98.38M	122.96M	186.66M	165.98M	-32.78M	17.75M	11.48M	64.07M	373.91M	247.92M
Investing Cash Flow	-39.57M	-67.59M	-136.58M	-29.08M	-74.99M	-3.78M	-97.47M	-33.03M	-111.02M	-105.05M
Financing Cash Flow	-92.71M	53.26M	54.32M	-10.81M	-5.78M	-15.72M	26.22M	130.02M	7.88M	111.33M
Capital Expenditure	44.02M	56.77M	37.06M	41.55M	26.87M	55.09M	54.30M	56.72M	99.03M	147.01M
Free Cash Flow	54.36M	66.19M	149.59M	124.43M	-59.65M	-71.11M	-147.08M	7.35M	274.88M	100.91M
Dividends Paid	64.31M	-	35.54M	38.19M	24.64M	-	29.82M	34.18M	39.29M	130.07M
FCF to OCF	55.25%	53.83%	80.15%	74.97%	181.97%	-400.69%	-1281.19%	11.47%	73.52%	40.70%
Dividend Paid to FCF	118.32%	-	23.76%	30.69%	-41.30%	-	-20.27%	465.17%	14.29%	128.89%

Earnings

Report Date	May 14, 2026
EPS Estimate	1.44
EPS Actual	1.00
Surprise	-30.56%
Timing	After-hours

Key Statistics & Ratios

Market Cap2.90B

Enterprise Value2.71B

Trailing P/E8.44

Forward P/E0.00

Price / Sales1.16

Price / Book1.67

EPS7.23

Book Value37.04

Revenue (TTM)2.50B

Gross Profit (TTM)787.28M

EBITDA454.39M

Profit Margin13.77%

Operating Margin15.78%

Return on Equity21.98%

Return on Assets8.06%

Shares Outstanding47.60M

Shares Float14.92M

Beta-0.11

Dividend Yield5.06%

Dividend Rate3.11

Payout Ratio3.11%

Dividends

20261×

3.11Jul 13, 2026

20251×

2.73Jul 17, 2025

20241×

0.94Aug 27, 2024

20231×

0.81Aug 30, 2023

20221×

0.71Aug 24, 2022

20201×

0.59Aug 25, 2020