D 
Delta Electronics 2308.TW · TWD
Information Technology · Electronic Equipment, Instruments & Components · Taiwan Stock Exchange · 🇹🇼 Taiwan
1,055.00
-6.64%
Close of 6 Nov 2026, in TWD
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 554.89bn
FY2016FY2025
Net income
TWD 67.94bn
FY2016FY2025
Free cash flow
TWD 52.59bn
FY2016FY2025
Shareholders' equity
TWD 268.06bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 554.89bn | TWD 421.15bn | TWD 401.23bn | TWD 384.44bn | TWD 314.67bn | TWD 282.61bn | TWD 268.13bn | TWD 237.02bn | TWD 223.58bn | TWD 214.36bn |
| Gross profit | TWD 190.16bn | TWD 132.68bn | TWD 113.27bn | TWD 106.93bn | TWD 86.58bn | TWD 83.42bn | TWD 71.48bn | TWD 61.36bn | TWD 58.90bn | TWD 57.66bn |
| Research and development | TWD 48.74bn | TWD 39.51bn | TWD 34.12bn | TWD 29.88bn | TWD 25.37bn | TWD 23.71bn | TWD 22.72bn | TWD 18.57bn | TWD 16.19bn | TWD 14.93bn |
| Operating income | TWD 83.93bn | TWD 47.65bn | TWD 40.95bn | TWD 41.44bn | TWD 31.36bn | TWD 31.43bn | TWD 19.36bn | TWD 18.19bn | TWD 19.77bn | TWD 20.83bn |
| Net income | TWD 67.94bn | TWD 35.23bn | TWD 33.39bn | TWD 32.67bn | TWD 26.80bn | TWD 25.49bn | TWD 23.12bn | TWD 18.19bn | TWD 18.38bn | TWD 18.80bn |
| Diluted earnings per share | 23.07 | 13.51 | 12.77 | 12.50 | 10.26 | 9.81 | 8.88 | 7.02 | 7.06 | 7.23 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 639.62bn | TWD 531.90bn | TWD 457.75bn | TWD 425.87bn | TWD 365.11bn | TWD 336.42bn | TWD 311.04bn | TWD 261.94bn | TWD 250.54bn | TWD 235.11bn |
| Cash and short-term investments | TWD 155.11bn | TWD 121.79bn | TWD 92.62bn | TWD 63.57bn | TWD 51.27bn | TWD 60.26bn | TWD 45.68bn | TWD 60.68bn | TWD 58.62bn | TWD 56.30bn |
| Total liabilities | TWD 314.23bn | TWD 252.33bn | TWD 215.01bn | TWD 200.51bn | TWD 178.99bn | TWD 157.83bn | TWD 136.68bn | TWD 122.47bn | TWD 116.77bn | TWD 106.11bn |
| Debt | TWD 76.52bn | TWD 66.65bn | TWD 59.85bn | TWD 48.76bn | TWD 49.72bn | TWD 42.77bn | TWD 36.81bn | TWD 31.67bn | TWD 28.73bn | TWD 21.10bn |
| Shareholders' equity | TWD 268.06bn | TWD 230.09bn | TWD 199.16bn | TWD 186.79bn | TWD 154.79bn | TWD 145.90bn | TWD 140.16bn | TWD 130.27bn | TWD 124.56bn | TWD 124.11bn |
| Shares outstanding | 2,945m | 2,608m | 2,616m | 2,613m | 2,611m | 2,597m | 2,604m | 2,592m | 2,603m | 2,599m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 98.69bn | TWD 72.89bn | TWD 71.09bn | TWD 46.53bn | TWD 28.32bn | TWD 46.85bn | TWD 41.91bn | TWD 23.67bn | TWD 26.97bn | TWD 30.90bn |
| Capital spending | −TWD 46.09bn | −TWD 35.07bn | −TWD 28.30bn | −TWD 22.44bn | −TWD 24.33bn | −TWD 18.52bn | −TWD 17.53bn | −TWD 11.84bn | −TWD 13.24bn | −TWD 8.30bn |
| Free cash flow | TWD 52.59bn | TWD 37.82bn | TWD 42.79bn | TWD 24.09bn | TWD 3.99bn | TWD 28.33bn | TWD 24.38bn | TWD 11.83bn | TWD 13.73bn | TWD 22.60bn |
| Dividends paid | −TWD 18.18bn | −TWD 16.70bn | −TWD 25.56bn | −TWD 14.29bn | −TWD 14.29bn | −TWD 12.99bn | −TWD 12.99bn | −TWD 12.99bn | −TWD 12.99bn | −TWD 12.99bn |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 183.26bn | TWD 159.35bn | TWD 161.61bn | TWD 150.32bn | TWD 124.04bn | TWD 118.92bn | TWD 114.20bn | TWD 112.20bn |
| Gross profit | TWD 64.36bn | TWD 58.96bn | TWD 55.90bn | TWD 51.52bn | TWD 43.11bn | TWD 36.79bn | TWD 34.14bn | TWD 38.37bn |
| Operating income | TWD 30.57bn | TWD 28.42bn | TWD 26.42bn | TWD 24.81bn | TWD 18.67bn | TWD 14.04bn | TWD 10.70bn | TWD 16.42bn |
| Net income | TWD 25.14bn | TWD 23.83bn | TWD 19.64bn | TWD 18.61bn | TWD 13.95bn | TWD 10.23bn | TWD 7.18bn | TWD 12.34bn |
| Diluted earnings per share | 9.67 | 9.17 | 6.67 | 6.32 | 4.74 | 3.47 | 2.75 | 4.73 |
| Cash from operations | TWD 43.20bn | TWD 19.70bn | TWD 38.28bn | TWD 16.77bn | TWD 27.33bn | TWD 16.27bn | TWD 21.70bn | TWD 19.26bn |
| Capital spending | −TWD 16.26bn | −TWD 11.19bn | −TWD 16.52bn | −TWD 10.20bn | −TWD 10.91bn | −TWD 9.15bn | −TWD 12.84bn | −TWD 6.78bn |
| Free cash flow | TWD 26.94bn | TWD 8.51bn | TWD 21.76bn | TWD 6.57bn | TWD 16.41bn | TWD 7.12bn | TWD 8.87bn | TWD 12.49bn |
| Total assets | TWD 754.43bn | TWD 684.17bn | TWD 639.62bn | TWD 590.59bn | TWD 546.42bn | TWD 566.57bn | TWD 531.90bn | TWD 522.57bn |
| Cash and short-term investments | TWD 186.60bn | TWD 164.54bn | TWD 155.11bn | TWD 142.25bn | TWD 143.35bn | TWD 144.39bn | TWD 121.79bn | TWD 126.40bn |
| Debt | TWD 22.61bn | TWD 65.60bn | TWD 74.03bn | TWD 21.66bn | TWD 80.46bn | TWD 77.02bn | TWD 64.43bn | TWD 79.23bn |
| Shareholders' equity | TWD 293.71bn | TWD 299.54bn | TWD 268.06bn | TWD 240.74bn | TWD 212.20bn | TWD 244.97bn | TWD 230.09bn | TWD 218.59bn |
Financial ratios
Data as of 26 Aug 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 34.3% | 31.5% | 28.2% | 27.8% | 27.5% | 29.5% |
| Operating margin | 15.1% | 11.3% | 10.2% | 10.8% | 10.0% | 11.1% |
| Net margin | 12.2% | 8.4% | 8.3% | 8.5% | 8.5% | 9.0% |
| Return on equity | 25.3% | 15.3% | 16.8% | 17.5% | 17.3% | 17.5% |
| Return on assets | 10.6% | 6.6% | 7.3% | 7.7% | 7.3% | 7.6% |
| Free cash flow yield | 2.8% | 2.4% | 2.2% | 1.5% | 1.2% | 1.4% |
| Revenue growth | 31.8% | 5.0% | 4.4% | 22.2% | 11.3% | 5.4% |
| Earnings growth | 92.8% | 5.5% | 2.2% | 21.9% | 5.1% | 10.2% |
| Current ratio | 1.89x | 2.04x | 2.06x | 1.92x | 1.82x | 1.86x |
| Debt to equity | 0.28x | 0.28x | 0.29x | 0.25x | 0.31x | 0.28x |
| Equity ratio | 41.9% | 43.3% | 43.5% | 43.9% | 42.4% | 43.4% |
| Interest coverage | 37.88x | 30.80x | 34.98x | 72.52x | 106.26x | 83.62x |
| R&D as a share of sales | 8.8% | 9.4% | 8.5% | 7.8% | 8.1% | 8.4% |
| Buybacks as a share of market value | -12.9% | 0.3% | -0.1% | -0.1% | -0.5% | 0.2% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 13.0% | 14.4% | 10.6% |
| Operating income | 26.5% | 21.7% | 15.1% |
| Net income | 27.6% | 21.7% | 13.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 33.1% | 30.8% | 30.2% | 29.0% |
| Operating margin | 13.5% | 12.1% | 11.7% | 10.7% |
| Net margin | 10.6% | 9.6% | 9.4% | 9.1% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 41.7 | 31.9 | 24.6 | 22.9 | 26.8 | 26.8 | 17.1 | 18.4 | 20.3 | 22.1 |
| Price to sales | 5.1 | 2.7 | 2.0 | 1.9 | 2.3 | 2.4 | 1.5 | 1.4 | 1.7 | 1.9 |
Dividends and splits
Per share, in the currency the company pays
Paid for 30 years. Last went ex-dividend on 17 Jun 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 11.60 | 7.00 | 6.43 | 9.84 | 5.50 | 5.50 | 5.00 | 5.00 |
- 1.02-for-1 split · 14 Jul 2009
- 1.02-for-1 split · 15 Jul 2008
- 21-for-20 split · 16 Jul 2007
- 21-for-20 split · 16 Jun 2006
- 1.048-for-1 split · 23 Jun 2005
- 21-for-20 split · 28 Jun 2004
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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