GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
A

Arbor Technology 3594.TWO · TWD

Information Technology · Taipei Exchange · 🇹🇼 Taiwan

Compare

40.60

+5.59%

Close of 9 Nov 2026, in TWD

Search any instrument

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

Popular Bitcoin Ethereum Nvidia Apple S&P 500 Gold EUR/USD US 10Y

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 2.03bn

FY2016FY2025

Net income

TWD 46.7m

FY2016FY2025

Free cash flow

−TWD 166.9m

FY2016FY2025

Shareholders' equity

TWD 2.24bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 2.03bnTWD 1.57bnTWD 1.67bnTWD 1.80bnTWD 1.51bnTWD 1.51bnTWD 1.60bnTWD 1.43bnTWD 1.53bnTWD 1.55bn
Research and developmentTWD 274.4mTWD 87.3mTWD 87.0mTWD 89.8mTWD 84.4mTWD 97.3mTWD 114.1mTWD 112.8mTWD 164.9mTWD 164.7m
Operating income—TWD 104.2mTWD 187.1mTWD 226.4mTWD 52.6mTWD 41.8mTWD 65.5m−TWD 3.1mTWD 142.5mTWD 79.0m
Net incomeTWD 46.7mTWD 128.7mTWD 122.9mTWD 132.4mTWD 22.1mTWD 10.1mTWD 44.4mTWD 25.6mTWD 143.2mTWD 12.4m
Diluted earnings per share0.491.351.301.440.300.150.700.402.200.20

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 4.98bnTWD 4.59bnTWD 3.63bnTWD 3.68bnTWD 3.19bnTWD 3.05bnTWD 2.56bnTWD 2.44bnTWD 2.69bnTWD 2.46bn
Cash and short-term investments——TWD 1.05bnTWD 837.2mTWD 487.4mTWD 582.3m———TWD 644.2m
Total liabilitiesTWD 2.37bnTWD 1.97bnTWD 1.48bnTWD 1.59bnTWD 1.64bnTWD 1.56bnTWD 1.23bnTWD 1.12bnTWD 1.32bnTWD 1.38bn
DebtTWD 381.6mTWD 1.40bnTWD 1.22bnTWD 1.14bnTWD 1.42bnTWD 1.29bnTWD 867.3mTWD 633.4mTWD 981.4mTWD 940.4m
Shareholders' equityTWD 2.24bnTWD 2.28bnTWD 2.14bnTWD 2.09bnTWD 1.54bnTWD 1.48bnTWD 1.32bnTWD 1.30bnTWD 1.33bnTWD 1.09bn
Shares outstanding95m95m95m92m73m68m64m64m65m62m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−TWD 127.7mTWD 172.6mTWD 325.6mTWD 251.4m−TWD 218.2m−TWD 22.6mTWD 112.8mTWD 8.0m−TWD 50.7m−TWD 39.4m
Capital spending−TWD 39.2m−TWD 13.3m−TWD 13.0m−TWD 15.5m−TWD 50.3m−TWD 19.5m−TWD 9.2m−TWD 23.2m−TWD 25.2m−TWD 41.8m
Free cash flow−TWD 166.9mTWD 159.4mTWD 312.6mTWD 236.0m−TWD 268.4m−TWD 42.1mTWD 103.6m−TWD 15.2m−TWD 75.9m−TWD 81.2m
Dividends paid−TWD 76.2m−TWD 56.9m−TWD 75.6m−TWD 8.9m−TWD 7.0m−TWD 6.3m−TWD 6.1m−TWD 12.2m−TWD 11.2m−TWD 10.9m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 709.0mTWD 522.6mTWD 636.4mTWD 512.6mTWD 486.4mTWD 390.2mTWD 578.2mTWD 364.7m
Operating income—−TWD 31.1m——TWD 47.3m−TWD 36.9mTWD 92.9mTWD 13.7m
Net incomeTWD 42.0m−TWD 6.3mTWD 51.1mTWD 34.9m−TWD 21.2m−TWD 20.4mTWD 60.9mTWD 11.0m
Diluted earnings per share0.44-0.070.540.37-0.22-0.210.640.12
Cash from operations−TWD 23.0m−TWD 126.0mTWD 58.0m−TWD 41.0m−TWD 164.0mTWD 20.0mTWD 29.0m−TWD 26.0m
Capital spending−TWD 14.0m−TWD 16.0m−TWD 22.0m−TWD 4.0m−TWD 9.0m−TWD 2.0m−TWD 6.0m−TWD 2.0m
Free cash flow−TWD 37.0m−TWD 142.0mTWD 36.0m−TWD 45.0m−TWD 173.0mTWD 18.0mTWD 23.0m−TWD 28.0m
Total assetsTWD 5.54bnTWD 5.23bnTWD 4.98bnTWD 4.74bnTWD 4.47bnTWD 4.68bnTWD 4.59bnTWD 3.43bn
DebtTWD 348.3mTWD 365.1mTWD 381.6mTWD 381.6mTWD 389.2mTWD 373.3mTWD 365.6mTWD 375.3m
Shareholders' equityTWD 2.28bnTWD 2.22bnTWD 2.24bnTWD 2.14bnTWD 2.07bnTWD 2.21bnTWD 2.28bnTWD 2.19bn

Financial ratios

Data as of 20 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin5.0%12.5%11.2%12.6%3.5%2.8%
Net margin2.3%8.2%7.4%7.4%1.5%0.7%
Return on equity2.1%5.6%5.7%6.3%1.4%0.7%
Return on assets0.9%2.8%3.4%3.6%0.7%0.3%
Free cash flow yield—4.3%7.9%6.4%-5.1%-0.1%
Revenue growth29.3%-6.3%-7.2%19.3%-0.1%-5.4%
Earnings growth-63.7%4.7%-7.2%500.2%117.5%-77.2%
Current ratio1.89x2.10x2.28x2.23x2.00x1.87x
Debt to equity0.17x0.16x0.56x0.58x0.92x0.74x
Equity ratio45.0%49.7%58.9%56.6%48.2%48.4%
Interest coverage2.71x10.48x7.84x12.62x3.10x2.08x
R&D as a share of sales13.5%5.6%5.2%5.0%5.6%6.4%
Buybacks as a share of market value—-0.6%-2.9%-26.2%-6.7%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.0%6.0%3.5%
Net income-29.4%35.7%0.7%

Average margins

Over each period

1 year3 years5 years10 years
Net margin4.9%6.1%4.6%4.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings77.239.736.718.873.3176.032.147.611.2105.4
Price to sales1.83.32.71.41.11.20.90.81.00.8

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 4 Sept 2025.

FY2025FY2024FY2023FY2022
Paid in the year0.7990.600.800.095
  • 1009.648-for-1000 split · 27 Oct 2021
  • 1019.327-for-1000 split · 25 Sept 2020
  • 1020-for-1000 split · 10 Sept 2019
  • 1030.255-for-1000 split · 24 Aug 2018
  • 1030-for-1000 split · 8 Sept 2016
  • 1050-for-1000 split · 1 Sept 2014

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.