BTL Inc.

6840 · TWO · Technology / Electronic Components

64.50TWD-0.60 (-0.92%)

Price History

Full chart

Market Stats

Previous Close65.10

Open65.30

Day Range64.50 – 66.20

52-Week Range52.58 – 111.50

Volume82.88K

Market Cap3.04B

P/E (TTM)46.12

Forward P/E0.00

EPS2.14

Dividend Yield1.01%

Beta0.81

50-Day Avg85.55

200-Day Avg69.90

About

BTL Inc. provides electro-magnetic compatibility certification and safety testing services in East and South Asia, Southeast Asia, the Middle East, Africa, Europe, South America, and North America. The company technical platforms also include mobile communication, Bluetooth and BQB certification, SAR/OTA, IoT, electromagnetic compatibility, RF, telecom, safety, new energy, and other technical platforms. The company was founded in 1976 and is based in Taipei, Taiwan.

Company Details

SectorTechnology
IndustryElectronic Components
CEOMr. Chung-Chao Wu
Employees0
HeadquartersNo.18, Jiuzong Road, Taipei, Taiwan, Taiwan
Websitehttps://www.btl.com.tw

Leadership

Mr. Chung-Chao WuChairman, GM & President
Yijun GuoAccounting Supervisor
Mr. Chih-Ching ChiuVP of Business Group & Director
Mr. Te Chun ChiuSenior Assistant Manager of Quality Assurance & Director

Financials

Income Statement

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	825.06M	888.20M	702.81M	838.24M	909.14M
Growth (%)	-	+7.65%	-20.87%	+19.27%	+8.46%
Cost of Revenue	387.21M	449.22M	472.81M	522.74M	534.68M
Gross Profit	437.85M	438.97M	230.01M	315.50M	374.46M
Gross Margin	53.07%	49.42%	32.73%	37.64%	41.19%
Operating Expense	281.27M	315.28M	305.77M	325.63M	312.96M
Operating Income	156.57M	123.70M	-75.77M	-10.13M	61.50M
Operating Margin	18.98%	13.93%	-10.78%	-1.21%	6.76%
EBITDA	-	272.84M	66.87M	165.76M	204.16M
EBITDA Margin	-	30.72%	9.51%	19.78%	22.46%
Net Income	129.16M	134.92M	-53.45M	15.50M	47.96M
Net Income Margin	15.66%	15.19%	-7.61%	1.85%	5.27%
R&D	25.69M	28.16M	36.83M	53.55M	38.97M
R&D as % of Total Revenue	3.11%	3.17%	5.24%	6.39%	4.29%
Interest Expense	6.54M	7.84M	9.18M	12.15M	11.90M
Interest Expense % of Total Revenue	0.79%	0.88%	1.31%	1.45%	1.31%

Balance Sheet

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.28B	1.38B	1.51B	1.68B	1.76B
Total Liabilities	603.67M	627.26M	704.59M	669.99M	710.67M
Total Equity	673.23M	753.41M	808.61M	1.01B	1.05B
Cash	186.29M	147.64M	170.76M	287.87M	260.02M
Net Debt	48.46M	113.90M	139.71M	34.88M	28.33M

Cash Flow

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	224.79M	170.44M	33.19M	94.49M	170.53M
Capital Expenditure	67.65M	244.91M	161.02M	81.38M	196.75M
Free Cash Flow	157.15M	-74.47M	-127.83M	13.12M	-26.23M
Dividends Paid	22.99M	59.77M	68.97M	-	9.09M
FCF to OCF	69.91%	-43.70%	-385.11%	13.88%	-15.38%
Dividend Paid to FCF	14.63%	-80.26%	-53.95%	-	-34.66%

Earnings

Report Date	May 12, 2023	Aug 10, 2023
EPS Estimate	0.56	1.11
EPS Actual	-0.24	-0.07
Surprise	-142.86%	-106.31%
Timing	Pre-market	After-hours

Key Statistics & Ratios

Market Cap3.04B

Enterprise Value3.60B

Trailing P/E46.12

Forward P/E0.00

Price / Sales3.16

Price / Book2.98

EPS2.14

Book Value35.12

Revenue (TTM)961.85M

Gross Profit (TTM)383.43M

EBITDA174.43M

Profit Margin6.87%

Operating Margin11.85%

Return on Equity6.42%

Return on Assets2.31%

Shares Outstanding30.77M

Shares Float13.34M

Beta0.81

Dividend Yield1.01%

Dividend Rate1.00

Payout Ratio60.67%

Dividends

20261×

1.00Jul 7, 2026

20251×

0.30Jul 8, 2025

20231×

2.45Jul 7, 2023

20221×

2.33Jul 6, 2022

Stock Splits

Jul 22, 20241100:1000