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Well Shin Technology Co 3501.TW · TWD

Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan

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35.20

+1.00%

Close of 9 Nov 2026, in TWD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 5.54bn

FY2016FY2025

Net income

TWD 354.5m

FY2016FY2025

Free cash flow

−TWD 370.8m

FY2016FY2025

Shareholders' equity

TWD 6.95bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 5.54bnTWD 5.92bnTWD 5.33bnTWD 6.16bnTWD 5.58bnTWD 4.66bnTWD 4.86bnTWD 5.52bnTWD 4.99bnTWD 4.92bn
Gross profitTWD 1.11bnTWD 1.43bnTWD 1.27bnTWD 1.41bnTWD 1.07bnTWD 1.13bnTWD 1.24bnTWD 1.52bnTWD 1.51bnTWD 1.58bn
Research and developmentTWD 38.3mTWD 47.3mTWD 53.0mTWD 43.8mTWD 41.5mTWD 40.8mTWD 42.6mTWD 35.3mTWD 36.6mTWD 46.7m
Operating incomeTWD 424.4mTWD 703.6mTWD 612.6mTWD 1.01bnTWD 498.0mTWD 558.5mTWD 721.8mTWD 784.1mTWD 802.9mTWD 839.5m
Net incomeTWD 354.5mTWD 723.4mTWD 507.5mTWD 759.5mTWD 345.3mTWD 424.1mTWD 520.5mTWD 707.9mTWD 527.3mTWD 702.0m
Diluted earnings per share3.026.064.266.272.913.584.415.994.465.94

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 9.62bnTWD 9.18bnTWD 8.25bnTWD 8.68bnTWD 8.33bnTWD 7.84bnTWD 7.73bnTWD 8.31bnTWD 8.30bnTWD 7.20bn
Cash and short-term investmentsTWD 2.43bnTWD 2.25bnTWD 2.46bnTWD 2.10bnTWD 1.84bnTWD 2.21bnTWD 2.21bnTWD 1.85bnTWD 2.32bnTWD 1.94bn
Total liabilitiesTWD 2.67bnTWD 2.08bnTWD 1.71bnTWD 2.09bnTWD 2.38bnTWD 1.91bnTWD 1.90bnTWD 2.45bnTWD 2.71bnTWD 1.57bn
DebtTWD 909.9mTWD 205.7mTWD 76.8mTWD 479.9mTWD 679.0mTWD 417.3mTWD 548.0mTWD 750.0mTWD 1.23bnTWD 300.0m
Shareholders' equityTWD 6.95bnTWD 7.11bnTWD 6.54bnTWD 6.59bnTWD 5.95bnTWD 5.93bnTWD 5.83bnTWD 5.88bnTWD 5.60bnTWD 5.63bn
Shares outstanding118m119m119m121m119m118m118m118m118m118m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 803.7mTWD 152.7mTWD 1.50bnTWD 701.7m−TWD 416.1mTWD 235.0mTWD 1.30bnTWD 726.5mTWD 263.1mTWD 1.19bn
Capital spending−TWD 1.17bn−TWD 201.8m−TWD 57.9m−TWD 108.9m−TWD 79.5m−TWD 113.5m−TWD 267.0m−TWD 140.5m−TWD 364.8m−TWD 284.6m
Free cash flow−TWD 370.8m−TWD 49.1mTWD 1.44bnTWD 592.8m−TWD 495.6mTWD 121.5mTWD 1.04bnTWD 586.0m−TWD 101.7mTWD 904.6m
Dividends paid−TWD 473.0m−TWD 354.8m−TWD 473.0m−TWD 236.5m−TWD 295.6m−TWD 354.8m−TWD 413.9m−TWD 378.4m−TWD 473.0m−TWD 473.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 1.36bnTWD 1.26bnTWD 1.25bnTWD 1.36bnTWD 1.47bnTWD 1.46bnTWD 1.38bnTWD 1.57bn
Gross profitTWD 263.7mTWD 183.3mTWD 235.8mTWD 231.1mTWD 304.0mTWD 339.3mTWD 325.9mTWD 376.5m
Operating incomeTWD 101.6mTWD 34.5mTWD 70.1mTWD 71.0mTWD 127.5mTWD 156.7mTWD 129.6mTWD 194.7m
Net incomeTWD 68.1mTWD 17.2mTWD 48.8mTWD 70.8mTWD 74.9mTWD 160.0mTWD 234.5mTWD 117.0m
Diluted earnings per share0.570.150.410.600.641.361.960.98
Cash from operations−TWD 261.0m−TWD 42.0mTWD 19.0mTWD 81.0mTWD 553.0mTWD 145.0mTWD 96.0mTWD 87.0m
Capital spending−TWD 66.0m−TWD 105.0m−TWD 93.0m−TWD 206.0m−TWD 842.0m−TWD 31.0m−TWD 64.0m−TWD 47.0m
Free cash flow−TWD 327.0m−TWD 147.0m−TWD 74.0m−TWD 125.0m−TWD 289.0mTWD 114.0mTWD 32.0mTWD 40.0m
Total assetsTWD 9.93bnTWD 9.98bnTWD 9.62bnTWD 9.26bnTWD 9.05bnTWD 9.52bnTWD 9.18bnTWD 9.01bn
Cash and short-term investmentsTWD 2.09bnTWD 2.44bnTWD 2.43bnTWD 2.03bnTWD 1.81bnTWD 2.47bnTWD 2.25bnTWD 2.11bn
DebtTWD 692.9mTWD 896.0mTWD 909.9mTWD 886.7mTWD 510.1mTWD 430.5mTWD 210.2mTWD 260.0m
Shareholders' equityTWD 7.03bnTWD 6.91bnTWD 6.95bnTWD 6.63bnTWD 6.31bnTWD 6.90bnTWD 7.11bnTWD 6.88bn

Financial ratios

Data as of 13 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin20.0%24.2%23.9%22.9%19.1%24.2%
Operating margin7.7%15.9%11.4%16.3%9.0%12.2%
Net margin6.4%12.2%9.5%12.3%6.2%9.1%
Return on equity5.1%10.2%7.8%11.5%5.8%7.1%
Return on assets3.7%7.9%6.1%8.7%4.1%5.4%
Free cash flow yield43.5%7.7%33.8%17.3%-7.3%7.6%
Revenue growth-6.5%11.1%-13.5%10.3%19.8%-4.1%
Earnings growth-51.0%42.5%-33.2%120.0%-18.6%-18.5%
Current ratio3.42x5.28x5.81x4.37x3.22x3.73x
Debt to equity0.13x0.03x0.01x0.07x0.11x0.08x
Equity ratio72.3%77.4%79.3%75.9%71.4%75.6%
Interest coverage36.85x363.83x200.85x153.25x89.10x173.77x
R&D as a share of sales0.7%0.8%1.0%0.7%0.7%0.9%
Buybacks as a share of market value1.5%-0.3%1.7%-1.9%-0.3%-0.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.5%3.5%0.2%
Operating income-25.0%-5.3%-4.0%
Net income-22.4%-3.5%-7.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin22.2%22.8%22.4%25.0%
Operating margin9.8%12.0%11.5%12.9%
Net margin9.4%10.2%9.4%10.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings16.010.212.17.916.614.211.48.612.98.6
Price to sales1.01.21.11.01.01.31.21.11.41.2

Dividends and splits

Per share, in the currency the company pays

Paid for 20 years. Last went ex-dividend on 3 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year2.004.003.004.002.002.503.003.50
  • 1.02-for-1 split · 22 Jul 2011
  • 1.02-for-1 split · 11 Aug 2010
  • 1.02-for-1 split · 11 Aug 2009
  • 21-for-20 split · 11 Aug 2008
  • 21-for-20 split · 31 Jul 2007
  • 1.15-for-1 split · 31 Aug 2006

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.