YOLFTbeta
32

Higher Way Electronic Co Ltd

3268 · TWO · Technology / Semiconductors

20.10TWD+0.75 (+3.88%)

Price History

Full chart

Market Stats

Previous Close19.35
Open18.95
Day Range18.95 – 20.85
52-Week Range14.20 – 23.95
Volume141.51K
Market Cap751.71M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.08
Dividend Yield0.00%
Beta0.54
50-Day Avg19.15
200-Day Avg18.04

About

Higher Way Electronic Co., Ltd. engages in the sale of consumer, multimedia, and micro controller IC in Taiwan, Hong Kong, Mainland China, the United States, and internationally. It develops IC software and firmware; and provides images, audio, micro controllers, wireless transmission, sensors, apps, and algorithms, as well as design services. The company offers video products, such as multimedia processor, dual USB camera, camera module, and thermal image; audio products, that includes electric piano, electronic flipchart, tablet PC, speech recognition, and USB stereo audio; industrial products, such as microcontroller, flash, motor MCU, and wireless charger; touch control; display drivers; and AIoT and RF applications. Higher Way Electronic Co., Ltd. was incorporated in 1991 and is based in Taichung, Taiwan.

Company Details

  • SectorTechnology
  • IndustrySemiconductors
  • CEOTzu Chieh You
  • Employees0
  • HeadquartersNo. 925, Taiwan Boulevard, Taichung, Taiwan, 407, Taiwan
  • Websitehttps://www.higherway.com.tw

Leadership

  • Tzu Chieh YouVice Chairman, President & GM
  • Zixing LiuAccounting Supervisor
  • Jen Te YangDeputy GM & Director

Financials

Income Statement

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue979.58M830.53M942.51M1.17B1.49B1.23B1.05B972.65M922.21M
Growth (%)--15.22%+13.48%+23.70%+27.43%-17.21%-14.60%-7.41%-5.19%
Cost of Revenue920.50M771.29M875.54M1.07B1.37B1.13B981.65M910.25M864.07M
Gross Profit59.08M59.24M66.97M94.57M115.31M98.81M68.80M62.41M58.14M
Gross Margin6.03%7.13%7.11%8.11%7.76%8.03%6.55%6.42%6.30%
Operating Expense91.02M72.30M69.42M72.47M77.75M84.67M76.61M82.52M80.05M
Operating Income-31.93M-13.06M-2.44M22.10M37.56M14.14M-7.81M-20.11M-21.91M
Operating Margin-3.26%-1.57%-0.26%1.90%2.53%1.15%-0.74%-2.07%-2.38%
EBITDA-49.09M-8.87M-6.94M41.16M39.70M62.45M3.33M24.83M-30.61M
EBITDA Margin-5.01%-1.07%-0.74%3.53%2.67%5.08%0.32%2.55%-3.32%
Net Income-56.19M-17.48M-18.75M30.05M31.77M51.27M-6.57M8.83M-46.34M
Net Income Margin-5.74%-2.11%-1.99%2.58%2.14%4.17%-0.63%0.91%-5.02%
R&D21.07M22.06M17.01M20.73M24.52M29.08M25.82M28.28M29.43M
R&D as % of Total Revenue2.15%2.66%1.80%1.78%1.65%2.36%2.46%2.91%3.19%
Interest Expense05.72M5.87M5.44M1.10M5.70M5.99M6.49M8.43M
Interest Expense % of Total Revenue0.00%0.69%0.62%0.47%0.07%0.46%0.57%0.67%0.91%

Balance Sheet

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets951.02M950.49M990.21M834.46M796.84M931.95M934.56M1.13B941.72M
Total Liabilities452.49M459.65M513.59M373.75M356.57M415.81M437.88M583.40M476.44M
Total Equity498.53M490.83M476.62M460.70M440.27M516.13M496.68M542.03M465.28M
Cash81.36M72.30M66.65M171.34M128.32M112.56M215.37M142.71M80.40M
Net Debt180.30M213.30M215.03M--95.55M29.88M176.71M156.44M

Cash Flow

Currency: TWD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow28.57M-1.71M8.52M65.87M-8.04M-25.51M53.93M-32.36M-13.04M
Investing Cash Flow-24.46M-32.82M-5.87M264.17M-19.65M----
Financing Cash Flow19.29M25.56M-7.69M-224.96M-15.02M----
Capital Expenditure849.00K15.44M611.00K1.22M2.25M971.00K1.55M2.10M2.12M
Free Cash Flow26.92M-30.71M7.70M64.51M-13.49M-26.48M52.37M-34.46M-15.16M
Dividends Paid-16.71M16.71M16.71M16.71M20.06M23.40M--
FCF to OCF94.22%1791.83%90.30%97.94%167.69%103.81%97.12%106.49%116.23%
Dividend Paid to FCF--54.42%217.14%25.91%-123.92%-75.74%44.68%--

Earnings

Report DateMar 31, 2008Jun 30, 2008Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014Jun 30, 2014Sep 30, 2014Dec 31, 2014Mar 31, 2015Jun 30, 2015Sep 30, 2015Dec 31, 2015Mar 31, 2017Jun 30, 2017Sep 30, 2017Dec 31, 2017Mar 31, 2018Jun 30, 2018Sep 30, 2018Dec 31, 2018Mar 31, 2019Jun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023
EPS Estimate----------------------------------------
EPS Actual-0.87-0.46-1.09-0.08-0.01-0.19-0.249.25-0.010.000.12-0.28-0.500.47-0.17-0.990.05-0.39-0.36-0.590.32-0.10-0.15-0.110.06-0.13-0.38-0.04-0.500.171.280.370.070.300.200.430.650.74-0.67-0.39
Surprise----------------------------------------
Timing----------------------------------------

Key Statistics & Ratios

Market Cap751.71M
Enterprise Value844.46M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.79
Price / Book1.41
EPS-0.08
Book Value13.86
Revenue (TTM)956.69M
Gross Profit (TTM)63.60M
EBITDA-17.43M
Profit Margin-0.30%
Operating Margin0.15%
Return on Equity-0.61%
Return on Assets-1.18%
Shares Outstanding34.72M
Shares Float25.67M
Beta0.54
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Dividends

20231×
0.70Jul 24, 2023
20221×
0.60Aug 11, 2022
20211×
0.50Aug 19, 2021
20151×
0.10Aug 31, 2015
20081×
0.27Aug 11, 2008

Stock Splits

  • Aug 31, 20151090:1000
  • Aug 11, 2008108.584:100