Avertronics

3597 · TWO · Technology / Electronic Components

42.25TWD+1.20 (+2.92%)

Price History

Full chart

Market Stats

Previous Close41.05

Open42.35

Day Range41.30 – 45.15

52-Week Range22.40 – 32.45

Volume1.65M

Market Cap1.08B

P/E (TTM)34.63

Forward P/E0.00

EPS0.80

Dividend Yield1.44%

Beta0.33

50-Day Avg26.66

200-Day Avg25.89

About

Avertronics Inc. engages in the manufacturing and sales of waterproof connectors and wire harnesses in Taiwan, Mainland China, and internationally. The company offers temperature control components, special wires, terminals, connectors, network accessories, accessory assemblies, and various computer peripheral products. It also provides mobility solar system for solar trailer energy storage system, fixed solar panel products, and EPC engineering for solar energy transfer and storage electrical engineering; agent products; and connectors, contacts, wires, terminal, and platinum resistor under the JST, Molex, TE, Amp, Sumitomo, APP, Kurabe, Heraeus, and THERMOSTAT of Sensata brands. In addition, the company offers silicon materials for electronics industries; lightweight solar panel for EPC and power saving industry; and PE films for clean packaging on electronics components and food industries. Avertronics Inc. was founded in 1986 and is headquartered in Taichung, Taiwan.

Company Details

SectorTechnology
IndustryElectronic Components
CEOBing Yuan Lai
Employees0
HeadquartersNo. 10, Gongyequ 19th Rd, Taichung, Taiwan, 408, Taiwan
Websitehttps://www.avertronics.com

Leadership

Bing Yuan LaiChairman of the Board & GM
Yuan Ji LiFinancial Associate
Huizhen GuanAccounting Supervisor
Qun Xiang HuangVice President of Marketing

Financials

Income Statement

Currency: TWD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Total Revenue	651.88M	781.70M	778.37M	830.26M	1.06B	1.05B	611.24M	738.20M
Growth (%)	-	+19.91%	-0.43%	+6.67%	+28.23%	-1.72%	-41.58%	+20.77%
Cost of Revenue	488.82M	567.98M	570.07M	604.29M	792.63M	797.57M	486.01M	554.80M
Gross Profit	163.07M	213.72M	208.31M	225.97M	272.05M	248.75M	125.23M	183.39M
Gross Margin	25.01%	27.34%	26.76%	27.22%	25.55%	23.77%	20.49%	24.84%
Operating Expense	129.87M	158.31M	172.70M	152.93M	158.63M	128.03M	107.81M	143.47M
Operating Income	33.19M	55.41M	35.61M	73.04M	113.41M	120.72M	17.42M	39.92M
Operating Margin	5.09%	7.09%	4.57%	8.80%	10.65%	11.54%	2.85%	5.41%
EBITDA	38.42M	94.39M	78.36M	95.77M	137.15M	146.62M	44.27M	93.93M
EBITDA Margin	5.89%	12.08%	10.07%	11.54%	12.88%	14.01%	7.24%	12.72%
Net Income	1.44M	45.90M	32.06M	43.47M	76.70M	80.35M	9.74M	51.51M
Net Income Margin	0.22%	5.87%	4.12%	5.24%	7.20%	7.68%	1.59%	6.98%
R&D	11.76M	9.53M	12.69M	11.31M	7.29M	6.80M	6.80M	5.68M
R&D as % of Total Revenue	1.80%	1.22%	1.63%	1.36%	0.68%	0.65%	1.11%	0.77%
Interest Expense	0	7.94M	8.35M	5.35M	5.16M	5.92M	7.23M	7.54M
Interest Expense % of Total Revenue	0.00%	1.02%	1.07%	0.64%	0.48%	0.57%	1.18%	1.02%

Balance Sheet

Currency: TWD	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	960.51M	1.11B	944.09M	1.01B	1.09B	1.14B	1.03B	1.06B	1.60B
Total Liabilities	571.93M	684.39M	545.89M	532.93M	489.92M	525.36M	479.66M	463.57M	1.01B
Total Equity	388.57M	427.21M	398.20M	480.10M	599.87M	616.12M	550.30M	598.76M	586.20M
Cash	117.54M	196.54M	219.11M	176.91M	211.72M	293.27M	242.16M	216.59M	224.17M
Total Debt	-	-	-	363.36M	291.92M	360.10M	357.02M	-	-
Net Debt	307.05M	250.92M	119.59M	186.46M	80.20M	66.83M	114.85M	53.83M	598.12M

Cash Flow

Currency: TWD	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31
Operating Cash Flow	40.82M	89.42M	58.45M	32.20M	43.61M	75.76M	135.75M	-5.59M
Investing Cash Flow	-82.07M	-76.60M	151.93M	-43.10M	11.92M	-	-	-
Financing Cash Flow	28.59M	69.21M	-178.17M	-26.77M	-17.45M	-423.00K	-61.89M	-
Capital Expenditure	40.48M	38.43M	50.10M	17.25M	8.05M	23.87M	16.32M	13.91M
Free Cash Flow	-1.54M	49.61M	4.27M	14.95M	35.56M	51.89M	119.43M	-19.50M
Dividends Paid	15.39M	6.07M	54.85M	29.51M	42.07M	66.40M	65.89M	11.68M
FCF to OCF	-3.77%	55.47%	7.30%	46.42%	81.53%	68.49%	87.98%	348.80%
Dividend Paid to FCF	-999.81%	12.23%	1285.49%	197.43%	118.31%	127.96%	55.17%	-59.89%

Earnings

Report Date	Mar 31, 2019	Sep 30, 2019	Dec 31, 2019	Mar 31, 2020	Jun 30, 2020	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.36	0.23	0.25	0.07	0.35	0.49	0.31	0.38	0.55	0.62	0.43	0.16	0.51	1.03	0.22	0.02
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap1.08B

Enterprise Value1.65B

Trailing P/E34.63

Forward P/E0.00

Price / Sales1.18

Price / Book1.87

EPS0.80

Book Value15.29

Revenue (TTM)916.75M

Gross Profit (TTM)222.15M

EBITDA87.91M

Profit Margin3.41%

Operating Margin7.43%

Return on Equity5.51%

Return on Assets2.94%

Shares Outstanding39.00M

Shares Float14.06M

Beta0.33

Dividend Yield1.44%

Dividend Rate0.40

Payout Ratio49.98%

Dividends

20261×

0.40Jun 23, 2026

20251×

0.85Jun 19, 2025

20241×

0.30Jul 11, 2024

20231×

1.70Jul 3, 2023

20221×

1.70Jul 14, 2022

20211×

1.20Jul 28, 2021

20201×

0.83Aug 27, 2020

20191×

1.76Aug 29, 2019

20181×

0.20Aug 30, 2018

20171×

0.50Oct 27, 2017

20161×

0.71Jul 14, 2016

20151×

0.63Aug 27, 2015

20141×

0.54Aug 26, 2014

20121×

0.45Sep 17, 2012