Grand Process Technology 3131.TWO · TWD
Information Technology · Taipei Exchange · 🇹🇼 Taiwan
1,580.00
+9.72%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 6.51bn
FY2016FY2025
Net income
TWD 1.33bn
FY2016FY2025
Free cash flow
TWD 1.67bn
FY2016FY2025
Shareholders' equity
TWD 4.74bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 6.51bn | TWD 4.07bn | TWD 3.54bn | TWD 3.72bn | TWD 3.66bn | TWD 2.49bn | TWD 2.06bn | TWD 1.48bn | TWD 2.12bn | TWD 2.16bn |
| Gross profit | TWD 2.68bn | TWD 1.85bn | TWD 1.49bn | TWD 1.62bn | TWD 1.56bn | TWD 1.13bn | TWD 1.05bn | TWD 675.6m | TWD 1.00bn | TWD 941.8m |
| Research and development | TWD 345.3m | TWD 323.9m | TWD 267.1m | TWD 293.0m | TWD 268.5m | TWD 194.5m | TWD 175.1m | TWD 174.9m | TWD 195.6m | TWD 172.6m |
| Operating income | TWD 1.64bn | TWD 906.0m | TWD 690.3m | TWD 762.5m | TWD 823.6m | TWD 535.3m | TWD 414.8m | TWD 265.4m | TWD 538.4m | TWD 502.2m |
| Net income | TWD 1.33bn | TWD 845.4m | TWD 616.3m | TWD 722.1m | TWD 669.5m | TWD 396.9m | TWD 310.0m | TWD 278.7m | TWD 375.7m | TWD 392.5m |
| Diluted earnings per share | 45.43 | 29.52 | 21.52 | 25.32 | 23.47 | 13.92 | 10.87 | 11.29 | 15.22 | 15.72 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 12.94bn | TWD 10.36bn | TWD 7.69bn | TWD 6.91bn | TWD 6.15bn | TWD 5.44bn | TWD 4.90bn | TWD 4.06bn | TWD 4.20bn | TWD 4.10bn |
| Cash and short-term investments | — | — | — | — | — | — | — | — | — | TWD 1.35bn |
| Total liabilities | TWD 8.17bn | TWD 5.79bn | TWD 3.98bn | TWD 3.51bn | TWD 2.99bn | TWD 2.51bn | TWD 2.12bn | TWD 1.99bn | TWD 1.88bn | TWD 2.13bn |
| Debt | TWD 2.72bn | TWD 1.97bn | TWD 1.53bn | TWD 820.5m | TWD 681.5m | TWD 590.7m | TWD 652.5m | TWD 700.3m | TWD 713.2m | TWD 624.7m |
| Shareholders' equity | TWD 4.74bn | TWD 4.54bn | TWD 3.68bn | TWD 3.37bn | TWD 3.13bn | TWD 2.91bn | TWD 2.75bn | TWD 2.04bn | TWD 2.32bn | TWD 1.97bn |
| Shares outstanding | 29m | 29m | 29m | 29m | 29m | 29m | 29m | 25m | 25m | 25m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 1.82bn | TWD 1.39bn | TWD 764.5m | TWD 818.0m | TWD 631.4m | TWD 616.6m | TWD 334.7m | TWD 170.5m | TWD 424.2m | TWD 369.6m |
| Capital spending | −TWD 150.6m | −TWD 341.8m | −TWD 693.8m | −TWD 256.9m | −TWD 83.0m | −TWD 25.6m | −TWD 13.5m | −TWD 70.3m | −TWD 119.5m | −TWD 10.5m |
| Free cash flow | TWD 1.67bn | TWD 1.04bn | TWD 70.6m | TWD 561.1m | TWD 548.4m | TWD 591.0m | TWD 321.2m | TWD 100.2m | TWD 304.6m | TWD 359.1m |
| Dividends paid | −TWD 642.8m | −TWD 467.5m | −TWD 517.7m | −TWD 484.9m | −TWD 313.7m | −TWD 230.7m | −TWD 228.2m | −TWD 246.8m | −TWD 246.8m | −TWD 296.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.73bn | TWD 1.60bn | TWD 2.15bn | TWD 1.49bn | TWD 1.63bn | TWD 1.24bn | TWD 1.22bn | TWD 991.7m |
| Gross profit | TWD 671.0m | TWD 539.2m | TWD 905.0m | TWD 608.5m | TWD 661.6m | TWD 506.4m | TWD 562.4m | TWD 477.1m |
| Operating income | TWD 363.0m | TWD 208.3m | TWD 636.7m | TWD 317.4m | TWD 408.0m | TWD 278.0m | TWD 282.3m | TWD 248.9m |
| Net income | TWD 323.8m | TWD 462.7m | TWD 562.2m | TWD 303.9m | TWD 206.0m | TWD 255.2m | TWD 251.2m | TWD 216.8m |
| Diluted earnings per share | 11.50 | 16.11 | 19.58 | 10.40 | 7.05 | 8.74 | 8.77 | 7.57 |
| Cash from operations | −TWD 77.0m | TWD 750.0m | TWD 1.09bn | TWD 18.0m | TWD 341.0m | TWD 369.0m | TWD 610.0m | TWD 224.0m |
| Capital spending | −TWD 1.11bn | −TWD 71.0m | — | −TWD 42.0m | −TWD 128.0m | −TWD 16.0m | −TWD 84.0m | −TWD 74.0m |
| Free cash flow | −TWD 1.19bn | TWD 679.0m | — | −TWD 24.0m | TWD 213.0m | TWD 353.0m | TWD 526.0m | TWD 150.0m |
| Total assets | TWD 15.36bn | TWD 14.36bn | TWD 12.94bn | TWD 12.74bn | TWD 11.60bn | TWD 11.19bn | TWD 10.36bn | TWD 8.99bn |
| Debt | TWD 3.58bn | TWD 2.64bn | TWD 2.72bn | TWD 2.75bn | TWD 1.32bn | TWD 1.36bn | TWD 1.41bn | TWD 1.32bn |
| Shareholders' equity | TWD 3.16bn | TWD 3.95bn | TWD 4.74bn | TWD 4.96bn | TWD 4.33bn | TWD 4.14bn | TWD 4.54bn | TWD 4.36bn |
Financial ratios
Data as of 19 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 41.2% | 45.3% | 42.0% | 43.5% | 42.7% | 45.3% |
| Operating margin | 25.2% | 22.2% | 19.5% | 20.5% | 22.5% | 21.5% |
| Net margin | 20.4% | 20.8% | 17.4% | 19.4% | 18.3% | 16.0% |
| Return on equity | 28.0% | 18.6% | 16.7% | 21.4% | 21.4% | 13.7% |
| Return on assets | 10.3% | 8.2% | 8.0% | 10.4% | 10.9% | 7.3% |
| Free cash flow yield | — | 2.5% | 2.1% | 1.5% | 1.0% | 0.9% |
| Revenue growth | 59.9% | 14.9% | -4.8% | 1.8% | 47.0% | 20.7% |
| Earnings growth | 57.0% | 37.2% | -14.6% | 7.9% | 68.7% | 28.0% |
| Current ratio | 1.85x | 1.73x | 1.71x | 1.66x | 1.64x | 1.60x |
| Debt to equity | 0.58x | 0.31x | 0.26x | 0.14x | 0.09x | 0.11x |
| Equity ratio | 36.6% | 43.8% | 47.9% | 48.7% | 50.8% | 53.4% |
| Interest coverage | 40.91x | 82.24x | 54.94x | 89.22x | 142.10x | 91.03x |
| R&D as a share of sales | 5.3% | 8.0% | 7.5% | 7.9% | 7.3% | 7.8% |
| Buybacks as a share of market value | — | 0.0% | -0.4% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.5% | 21.2% | 12.5% |
| Operating income | 29.1% | 25.1% | 13.0% |
| Net income | 22.5% | 27.3% | 12.6% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 42.8% | 42.7% | 43.0% | 44.2% |
| Operating margin | 24.0% | 22.4% | 22.3% | 22.4% |
| Net margin | 20.5% | 19.7% | 19.1% | 18.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 34.3 | 50.3 | 27.7 | 9.0 | 16.1 | 28.6 | 25.6 | 9.3 | 11.4 | 11.9 |
| Price to sales | 7.0 | 10.4 | 4.8 | 1.7 | 3.0 | 4.6 | 3.9 | 1.8 | 2.0 | 2.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 29 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Paid in the year | 46.084 | 22.00 | 16.00 | 18.00 | 17.00 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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