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Walsin Lihwa 1605.TW · TWD

Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan

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33.35

+6.04%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 174.24bn

FY2016FY2025

Net income

TWD 3.18bn

FY2016FY2025

Free cash flow

−TWD 6.44bn

FY2016FY2025

Shareholders' equity

TWD 165.85bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 174.24bnTWD 179.32bnTWD 189.84bnTWD 180.40bnTWD 156.66bnTWD 112.55bnTWD 134.80bnTWD 190.92bnTWD 167.79bnTWD 143.36bn
Gross profitTWD 11.09bnTWD 11.68bnTWD 14.44bnTWD 17.35bnTWD 19.81bnTWD 12.47bnTWD 9.39bnTWD 15.94bnTWD 12.00bnTWD 9.56bn
Research and developmentTWD 440.8mTWD 499.3mTWD 293.6mTWD 219.3mTWD 191.9mTWD 123.7mTWD 142.7mTWD 130.7mTWD 72.4mTWD 32.3m
Operating incomeTWD 18.9mTWD 4.15bnTWD 7.83bnTWD 10.09bnTWD 19.21bnTWD 9.42bnTWD 5.41bnTWD 12.31bnTWD 7.89bnTWD 5.33bn
Net incomeTWD 3.18bnTWD 2.79bnTWD 5.13bnTWD 19.35bnTWD 14.64bnTWD 6.69bnTWD 3.15bnTWD 11.76bnTWD 6.56bnTWD 4.57bn
Diluted earnings per share1.070.691.115.404.272.051.073.541.981.36

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 303.42bnTWD 273.49bnTWD 266.37bnTWD 252.52bnTWD 183.03bnTWD 151.56bnTWD 138.07bnTWD 132.65bnTWD 130.25bnTWD 114.18bn
Cash and short-term investmentsTWD 13.16bnTWD 11.03bnTWD 18.65bnTWD 19.95bnTWD 10.93bnTWD 14.04bnTWD 13.61bnTWD 11.11bnTWD 13.94bnTWD 11.95bn
Total liabilitiesTWD 127.32bnTWD 126.08bnTWD 111.92bnTWD 122.70bnTWD 75.09bnTWD 64.28bnTWD 59.50bnTWD 53.39bnTWD 57.97bnTWD 48.90bn
DebtTWD 81.81bnTWD 84.58bnTWD 64.05bnTWD 70.94bnTWD 50.43bnTWD 44.51bnTWD 36.25bnTWD 34.58bnTWD 28.94bnTWD 26.51bn
Shareholders' equityTWD 165.85bnTWD 137.26bnTWD 140.81bnTWD 123.58bnTWD 105.88bnTWD 84.47bnTWD 77.38bnTWD 77.33bnTWD 70.52bnTWD 63.37bn
Shares outstanding2,969m4,031m4,628m3,583m3,428m3,265m2,949m3,319m3,312m3,360m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 5.38bnTWD 1.50bnTWD 22.75bnTWD 13.90bnTWD 1.32bnTWD 7.15bnTWD 8.63bnTWD 3.02bnTWD 7.70bnTWD 7.44bn
Capital spending−TWD 11.82bn−TWD 10.47bn−TWD 16.55bn−TWD 15.92bn−TWD 6.64bn−TWD 8.84bn−TWD 5.28bn−TWD 5.80bn−TWD 2.37bn−TWD 3.25bn
Free cash flow−TWD 6.44bn−TWD 8.97bnTWD 6.20bn−TWD 2.02bn−TWD 5.33bn−TWD 1.70bnTWD 3.34bn−TWD 2.78bnTWD 5.33bnTWD 4.19bn
Dividends paid−TWD 2.02bn−TWD 4.43bn−TWD 6.72bn−TWD 5.49bn−TWD 3.09bn−TWD 1.66bn−TWD 3.99bn−TWD 3.33bn−TWD 2.33bn−TWD 701.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 49.65bnTWD 41.07bnTWD 41.86bnTWD 41.11bnTWD 46.43bnTWD 44.84bnTWD 46.65bnTWD 43.80bn
Gross profitTWD 3.75bnTWD 2.89bnTWD 2.05bnTWD 1.68bnTWD 3.38bnTWD 3.70bnTWD 2.37bnTWD 2.58bn
Operating incomeTWD 726.1mTWD 547.3m−TWD 2.06bnTWD 667.4mTWD 497.6mTWD 950.2m−TWD 94.8mTWD 682.9m
Net incomeTWD 9.00bnTWD 3.58bnTWD 1.01bnTWD 998.3mTWD 488.4mTWD 679.1m−TWD 584.0mTWD 358.5m
Diluted earnings per share2.040.810.340.340.160.23-0.140.09
Cash from operations—−TWD 3.21bn−TWD 629.0mTWD 3.50bnTWD 5.13bn−TWD 2.91bnTWD 3.68bnTWD 1.49bn
Capital spending—−TWD 1.72bn−TWD 2.40bn−TWD 3.27bn−TWD 3.67bn−TWD 2.52bn−TWD 2.33bn−TWD 3.28bn
Free cash flow—−TWD 4.93bn−TWD 3.02bnTWD 233.0mTWD 1.45bn−TWD 5.42bnTWD 1.35bn−TWD 1.79bn
Total assets—TWD 306.21bnTWD 303.42bnTWD 286.99bnTWD 270.52bnTWD 281.96bnTWD 273.49bnTWD 262.32bn
Cash and short-term investments—TWD 14.36bnTWD 13.16bnTWD 11.18bnTWD 15.61bnTWD 11.28bnTWD 11.03bnTWD 9.66bn
Debt—TWD 84.63bnTWD 82.20bnTWD 77.53bnTWD 80.10bnTWD 83.29bnTWD 78.25bnTWD 68.43bn
Shareholders' equity—TWD 164.23bnTWD 165.85bnTWD 155.30bnTWD 133.84bnTWD 136.56bnTWD 137.26bnTWD 139.55bn

Financial ratios

Data as of 6 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin6.4%6.5%7.6%9.6%12.6%11.1%
Operating margin0.0%2.3%4.1%5.6%12.3%8.4%
Net margin1.8%1.6%2.7%10.7%9.3%5.9%
Return on equity1.9%2.0%3.6%15.7%13.8%7.9%
Return on assets1.0%1.0%1.9%7.7%8.0%4.4%
Free cash flow yield15.1%7.7%22.1%21.7%6.0%12.8%
Revenue growth-2.8%-5.5%5.2%15.2%39.2%-16.5%
Earnings growth14.0%-45.7%-73.5%32.2%118.8%112.4%
Current ratio1.60x1.39x1.55x1.52x1.78x1.79x
Debt to equity0.49x0.57x0.44x0.56x0.48x0.53x
Equity ratio54.7%50.2%52.9%48.9%57.8%55.7%
Interest coverage0.01x1.76x3.67x12.18x45.97x17.45x
R&D as a share of sales0.3%0.3%0.2%0.1%0.1%0.1%
Buybacks as a share of market value26.4%12.9%-29.2%-4.5%-5.0%-10.7%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.2%9.1%1.6%
Operating income-87.7%-71.1%-37.1%
Net income-45.2%-13.8%7.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin6.4%7.5%8.7%7.8%
Operating margin1.2%3.1%5.1%4.7%
Net margin1.7%4.2%5.2%4.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings29.734.234.88.76.19.314.24.78.78.6
Price to sales0.50.50.90.90.60.60.30.30.30.3

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 11 Jun 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.500.4981.101.801.5760.8810.4951.175
  • 1.101-for-1 split · 13 Jul 2005
  • 1.14-for-1 split · 25 Jul 2001
  • 1.12-for-1 split · 15 Jul 1998
  • 1.131-for-1 split · 2 Aug 1997
  • 29-for-25 split · 10 Aug 1996
  • 1.12-for-1 split · 13 Jun 1995

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.