Advanced Analog Technology 3438.TWO · TWD
Information Technology · Taipei Exchange · 🇹🇼 Taiwan
50.00
+4.28%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 1.01bn
FY2016FY2025
Net income
TWD 47.1m
FY2016FY2025
Free cash flow
TWD 42.4m
FY2016FY2025
Shareholders' equity
TWD 2.14bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.01bn | TWD 963.4m | TWD 879.7m | TWD 1.04bn | TWD 1.58bn | TWD 1.28bn | TWD 1.07bn | TWD 1.05bn | TWD 1.30bn | TWD 1.14bn |
| Research and development | TWD 243.1m | TWD 255.3m | TWD 223.9m | TWD 230.8m | TWD 262.3m | TWD 237.5m | TWD 242.9m | TWD 247.5m | TWD 213.6m | TWD 124.8m |
| Operating income | TWD 22.5m | TWD 38.5m | −TWD 1.6m | TWD 126.6m | TWD 297.4m | TWD 120.0m | −TWD 7.1m | −TWD 126.1m | −TWD 52.5m | −TWD 61.9m |
| Net income | TWD 47.1m | TWD 71.3m | TWD 42,000 | TWD 108.1m | TWD 242.5m | TWD 109.3m | −TWD 5.1m | −TWD 92.5m | −TWD 45.7m | −TWD 20.2m |
| Diluted earnings per share | 1.00 | 1.52 | 0.00 | 2.29 | 5.14 | 2.32 | -0.11 | -1.97 | -0.97 | -0.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.47bn | TWD 2.45bn | TWD 2.13bn | TWD 1.58bn | TWD 2.00bn | TWD 1.65bn | TWD 1.59bn | TWD 1.69bn | TWD 1.89bn | TWD 2.05bn |
| Cash and short-term investments | — | — | TWD 413.9m | TWD 300.8m | TWD 555.5m | TWD 540.0m | TWD 1.6m | — | — | TWD 548.2m |
| Total liabilities | TWD 328.6m | TWD 338.8m | TWD 244.9m | TWD 147.2m | TWD 442.9m | TWD 363.4m | TWD 204.2m | TWD 300.6m | TWD 400.7m | TWD 503.5m |
| Debt | — | — | TWD 1.1m | TWD 1.0m | TWD 87.3m | TWD 87.6m | — | — | TWD 150.0m | TWD 200.4m |
| Shareholders' equity | TWD 2.14bn | TWD 2.11bn | TWD 1.89bn | TWD 1.43bn | TWD 1.55bn | TWD 1.29bn | TWD 1.38bn | TWD 1.39bn | TWD 1.49bn | TWD 1.54bn |
| Shares outstanding | 47m | 47m | 47m | 47m | 47m | 47m | 47m | 47m | 47m | 32m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 76.4m | TWD 205.0m | TWD 227.3m | TWD 60.5m | TWD 158.1m | TWD 245.6m | TWD 183.6m | TWD 51.7m | TWD 51.5m | TWD 83.5m |
| Capital spending | −TWD 33.9m | −TWD 38.8m | −TWD 50.2m | −TWD 55.1m | −TWD 44.3m | −TWD 41.9m | −TWD 23.3m | −TWD 31.1m | −TWD 26.6m | −TWD 20.8m |
| Free cash flow | TWD 42.4m | TWD 166.1m | TWD 177.1m | TWD 5.4m | TWD 113.8m | TWD 203.7m | TWD 160.3m | TWD 20.6m | TWD 24.8m | TWD 62.7m |
| Dividends paid | −TWD 70.7m | −TWD 23.6m | −TWD 66.0m | −TWD 169.8m | −TWD 70.7m | −TWD 70.7m | −TWD 70.7m | −TWD 70.7m | — | −TWD 11.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 249.8m | TWD 198.4m | TWD 216.4m | TWD 251.7m | TWD 284.6m | TWD 258.1m | TWD 227.8m | TWD 260.0m |
| Operating income | TWD 13.1m | −TWD 1.3m | −TWD 1.9m | −TWD 2.8m | TWD 17.4m | TWD 9.7m | −TWD 1.8m | TWD 18.2m |
| Net income | TWD 18.2m | TWD 11.3m | TWD 20.1m | TWD 20.3m | −TWD 9.0m | TWD 15.8m | TWD 10.8m | TWD 15.6m |
| Diluted earnings per share | 0.39 | 0.24 | 0.43 | 0.43 | -0.19 | 0.34 | 0.23 | 0.33 |
| Cash from operations | TWD 23.0m | TWD 10.0m | TWD 20.0m | TWD 18.0m | TWD 11.0m | TWD 25.0m | TWD 15.0m | TWD 50.0m |
| Capital spending | −TWD 2.0m | −TWD 3.0m | −TWD 5.0m | −TWD 4.0m | −TWD 19.0m | −TWD 4.0m | −TWD 8.0m | −TWD 4.0m |
| Free cash flow | TWD 21.0m | TWD 7.0m | TWD 15.0m | TWD 14.0m | −TWD 8.0m | TWD 21.0m | TWD 7.0m | TWD 46.0m |
| Total assets | TWD 3.35bn | TWD 2.92bn | TWD 2.47bn | TWD 2.52bn | TWD 2.31bn | TWD 2.51bn | TWD 2.45bn | TWD 2.15bn |
| Shareholders' equity | TWD 2.76bn | TWD 2.49bn | TWD 2.14bn | TWD 2.15bn | TWD 1.91bn | TWD 2.15bn | TWD 2.11bn | TWD 1.86bn |
Financial ratios
Data as of 28 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 4.8% | 8.4% | -0.2% | 12.2% | 18.9% | 9.4% | — | — |
| Net margin | 4.7% | 7.4% | 0.0% | 10.4% | 15.4% | 8.5% | — | — |
| Return on equity | 2.2% | 3.4% | 0.0% | 7.5% | 15.6% | 8.5% | — | — |
| Return on assets | 1.9% | 2.9% | 0.0% | 6.8% | 12.1% | 6.6% | — | — |
| Free cash flow yield | — | 9.0% | 10.2% | 4.3% | 7.5% | 10.6% | — | — |
| Revenue growth | 4.9% | 9.5% | -15.1% | -34.3% | 23.2% | 19.6% | — | — |
| Earnings growth | -33.9% | 169600.0% | -100.0% | -55.4% | 122.0% | -2260.4% | — | — |
| Current ratio | 6.41x | 5.80x | 7.21x | 6.16x | 2.85x | 2.71x | — | — |
| Debt to equity | — | — | 0.00x | 0.00x | 0.06x | 0.07x | 0.00x | 0.10x |
| Equity ratio | 86.7% | 86.2% | 88.5% | 90.7% | 77.8% | 78.0% | — | — |
| Interest coverage | 1871.15x | 1962.93x | -15.74x | 525.32x | 461.85x | 519.33x | — | — |
| R&D as a share of sales | 24.1% | 26.5% | 25.5% | 22.3% | 16.6% | 18.6% | — | — |
| Buybacks as a share of market value | — | 1.0% | -0.5% | 0.0% | 0.0% | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.8% | -4.6% | 1.2% |
| Operating income | -43.8% | -28.4% | 4.4% |
| Net income | -24.2% | -15.5% | 62.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 3.1% | 4.8% | 8.9% | 3.0% |
| Net margin | 6.0% | 5.8% | 8.6% | 3.4% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 55.8 | 41.0 | — | 23.6 | 17.5 | 22.5 | -541.1 | -16.6 | -34.0 | -39.3 |
| Price to sales | 2.6 | 3.0 | 4.4 | 2.5 | 2.7 | 1.9 | 2.6 | 1.5 | 1.2 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 17 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 1.50 | 0.50 | 1.40 | 3.60 |
- 1000-to-700 reverse split · 3 Sept 2020
- 103.5-for-100 split · 16 Jul 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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