Ta Liang Technology Co 3167.TW · TWD
Information Technology · Taiwan Stock Exchange · 🇹🇼 Taiwan
739.00
+5.57%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 5.08bn
FY2016FY2025
Net income
TWD 716.2m
FY2016FY2025
Free cash flow
−TWD 47.7m
FY2016FY2025
Shareholders' equity
TWD 3.42bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 5.08bn | TWD 2.60bn | TWD 1.29bn | TWD 2.37bn | TWD 4.44bn | TWD 2.43bn | TWD 1.94bn | TWD 3.99bn | TWD 3.54bn | TWD 2.02bn |
| Gross profit | TWD 1.95bn | TWD 750.9m | TWD 327.2m | TWD 595.9m | TWD 1.15bn | TWD 716.1m | TWD 551.9m | TWD 1.12bn | TWD 991.2m | TWD 585.2m |
| Research and development | TWD 386.0m | TWD 232.7m | TWD 149.9m | TWD 189.0m | TWD 281.6m | TWD 172.3m | TWD 146.5m | TWD 162.8m | TWD 127.2m | TWD 106.4m |
| Operating income | TWD 923.9m | TWD 103.4m | TWD 41.5m | TWD 418.4m | TWD 558.5m | TWD 515.7m | TWD 236.2m | TWD 605.1m | TWD 486.9m | TWD 253.7m |
| Net income | TWD 716.2m | TWD 124.4m | TWD 12.8m | TWD 313.1m | TWD 441.3m | TWD 419.1m | TWD 177.5m | TWD 434.1m | TWD 347.3m | TWD 177.3m |
| Diluted earnings per share | 7.83 | 1.41 | 0.16 | 3.79 | 5.50 | 5.22 | 2.22 | 5.42 | 4.32 | 2.21 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 8.41bn | TWD 5.20bn | TWD 4.33bn | TWD 4.84bn | TWD 5.84bn | TWD 5.50bn | TWD 4.02bn | TWD 4.51bn | TWD 4.91bn | TWD 3.72bn |
| Cash and short-term investments | TWD 697.3m | TWD 317.8m | TWD 814.8m | TWD 582.9m | TWD 525.2m | TWD 743.5m | TWD 1.04bn | TWD 837.5m | TWD 1.14bn | TWD 1.10bn |
| Total liabilities | TWD 4.99bn | TWD 2.53bn | TWD 2.21bn | TWD 2.55bn | TWD 3.56bn | TWD 3.41bn | TWD 2.21bn | TWD 2.50bn | TWD 3.12bn | TWD 2.15bn |
| Debt | TWD 1.70bn | TWD 959.0m | TWD 1.25bn | TWD 1.64bn | TWD 2.05bn | TWD 1.23bn | TWD 1.32bn | TWD 1.20bn | TWD 1.42bn | TWD 1.10bn |
| Shareholders' equity | TWD 3.42bn | TWD 2.67bn | TWD 2.11bn | TWD 2.30bn | TWD 2.29bn | TWD 2.08bn | TWD 1.80bn | TWD 1.96bn | TWD 1.76bn | TWD 1.54bn |
| Shares outstanding | 92m | 88m | 83m | 83m | 80m | 80m | 80m | 80m | 80m | 80m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 140.4m | −TWD 325.0m | TWD 1.01bn | TWD 646.6m | −TWD 373.9m | TWD 320.3m | TWD 436.8m | TWD 262.8m | −TWD 57.2m | TWD 48.4m |
| Capital spending | −TWD 188.1m | −TWD 177.9m | −TWD 154.9m | −TWD 116.1m | −TWD 64.7m | −TWD 48.9m | −TWD 87.1m | −TWD 72.9m | −TWD 64.8m | −TWD 12.7m |
| Free cash flow | −TWD 47.7m | −TWD 503.0m | TWD 850.2m | TWD 530.6m | −TWD 438.6m | TWD 271.4m | TWD 349.7m | TWD 189.9m | −TWD 122.0m | TWD 35.6m |
| Dividends paid | −TWD 88.3m | −TWD 41.3m | −TWD 160.3m | −TWD 320.5m | −TWD 240.4m | −TWD 160.3m | −TWD 280.5m | −TWD 200.3m | −TWD 120.0m | −TWD 120.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 2.86bn | TWD 1.95bn | TWD 1.55bn | TWD 1.41bn | TWD 1.27bn | TWD 843.8m | TWD 989.1m | TWD 721.3m |
| Gross profit | TWD 1.25bn | TWD 824.1m | TWD 640.7m | TWD 553.8m | TWD 493.7m | TWD 289.2m | TWD 319.2m | TWD 225.0m |
| Operating income | TWD 766.9m | TWD 409.4m | TWD 282.5m | TWD 305.9m | TWD 269.5m | TWD 97.4m | TWD 74.3m | TWD 47.5m |
| Net income | TWD 543.2m | TWD 282.0m | TWD 236.1m | TWD 215.0m | TWD 175.1m | TWD 90.0m | TWD 71.6m | TWD 43.3m |
| Diluted earnings per share | 5.94 | 3.08 | 2.58 | 2.35 | 1.91 | 0.98 | 0.81 | 0.49 |
| Cash from operations | TWD 195.0m | TWD 418.0m | TWD 187.0m | −TWD 67.0m | TWD 122.0m | −TWD 158.0m | −TWD 135.0m | −TWD 89.0m |
| Capital spending | −TWD 44.0m | −TWD 31.0m | −TWD 35.0m | −TWD 36.0m | −TWD 54.0m | −TWD 62.0m | −TWD 41.0m | −TWD 42.0m |
| Free cash flow | TWD 151.0m | TWD 387.0m | TWD 152.0m | −TWD 103.0m | TWD 68.0m | −TWD 220.0m | −TWD 176.0m | −TWD 131.0m |
| Total assets | TWD 12.10bn | TWD 10.40bn | TWD 8.41bn | TWD 7.54bn | TWD 6.26bn | TWD 5.74bn | TWD 5.20bn | TWD 5.14bn |
| Cash and short-term investments | TWD 1.50bn | TWD 1.43bn | TWD 697.3m | TWD 730.0m | TWD 588.1m | TWD 406.5m | TWD 317.8m | TWD 463.5m |
| Debt | TWD 1.05bn | TWD 1.79bn | TWD 1.70bn | TWD 1.94bn | TWD 1.68bn | TWD 1.42bn | TWD 1.08bn | TWD 982.1m |
| Shareholders' equity | TWD 4.29bn | TWD 3.58bn | TWD 3.42bn | TWD 3.08bn | TWD 2.72bn | TWD 2.80bn | TWD 2.67bn | TWD 2.53bn |
Financial ratios
Data as of 24 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 38.5% | 28.9% | 25.3% | 25.1% | 25.9% | 29.5% |
| Operating margin | 18.2% | 4.0% | 3.2% | 17.7% | 12.6% | 21.2% |
| Net margin | 14.1% | 4.8% | 1.0% | 13.2% | 9.9% | 17.3% |
| Return on equity | 21.0% | 4.7% | 0.6% | 13.6% | 19.3% | 20.1% |
| Return on assets | 8.5% | 2.4% | 0.3% | 6.5% | 7.6% | 7.6% |
| Free cash flow yield | 0.4% | -0.2% | 1.5% | 1.0% | -0.4% | 0.5% |
| Revenue growth | 95.4% | 101.1% | -45.5% | -46.7% | 83.0% | 25.0% |
| Earnings growth | 475.7% | 870.2% | -95.9% | -29.0% | 5.3% | 136.0% |
| Current ratio | 1.64x | 1.85x | 1.83x | 2.64x | 2.04x | 1.36x |
| Debt to equity | 0.50x | 0.40x | 0.59x | 0.71x | 0.90x | 0.59x |
| Equity ratio | 40.6% | 51.4% | 48.9% | 47.5% | 39.1% | 37.9% |
| Interest coverage | 24.69x | 4.55x | 1.76x | 10.19x | 16.52x | 18.75x |
| R&D as a share of sales | 7.6% | 9.0% | 11.6% | 8.0% | 6.3% | 7.1% |
| Buybacks as a share of market value | -3.7% | -6.9% | -0.0% | -2.9% | 0.2% | -0.3% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 28.9% | 15.9% | 10.2% |
| Operating income | 30.2% | 12.4% | 17.8% |
| Net income | 31.8% | 11.3% | 13.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 35.2% | 32.0% | 30.2% | 29.6% |
| Operating margin | 13.4% | 13.1% | 14.1% | 13.7% |
| Net margin | 10.9% | 10.3% | 11.1% | 10.6% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 31.2 | 76.3 | 341.9 | 10.3 | 18.7 | 8.7 | 18.7 | 7.2 | 11.7 | 11.3 |
| Price to sales | 4.4 | 3.6 | 3.4 | 1.4 | 1.9 | 1.5 | 1.7 | 0.8 | 1.1 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 21 years. Last went ex-dividend on 28 Aug 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.999 | 0.50 | 2.00 | 3.884 | 2.913 | 1.942 | 3.398 | 2.427 |
- 1.03-for-1 split · 6 Sept 2023
- 11-for-10 split · 9 Sept 2015
- 21-for-20 split · 4 Sept 2014
- 13-for-10 split · 12 Nov 2009
- 1.15-for-1 split · 14 Oct 2008
- 21-for-20 split · 11 Sept 2007
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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