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Motion Technology Electric & Machinery Co 4589.TWO · TWD

Industrials · Taipei Exchange · 🇹🇼 Taiwan

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39.60

+2.72%

Close of 9 Nov 2026, in TWD

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About Motion Technology Electric & Machinery Co

Its shares trade on Taipei Exchange under the ticker 4589.TWO. It has been listed since 27 April 2023. In the fiscal year to 31 December 2024, it reported revenue of TWD 913.0m and net income of TWD 68.0m. At that date it held total assets of TWD 1.13bn and shareholders' equity of TWD 574.6m.

Motion Technology Electric & Machinery Co Ltd is a Taiwan-based company mainly engaged in the development and manufacture of high precision motors. The company is headquartered in Jhongli, Taoyuan. The company went IPO on 2023-04-27. The firm develops, manufactures, and sells brushed and brushless motor drive modules including motors, brakes, gearboxes, and controllers. The main applications of the transmission system are medical grade electric auxiliary equipment, industrial aerial work vehicles, agricultural and fishery motors, food machinery motors, intelligent machinery automation equipment, unmanned transport carriers, public electric gates, among others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Industrials
Industry
Electrical Equipment
Listed since
27 Apr 2023

Leadership

Pay as last reported

  • Mr. Steven LinChairman of the Board, General Manager, since 2002
  • Mr. Jensen WangChief Financial Officer, Corporate Governance Officer
  • Shihong LinDirector
  • Jianxiu WangDirector
  • Mr. Minghong WengDirector
  • Mr. Shixian ZhangDirector
  • Ms. Yuan-Ju ChouIndependent Director
  • Mr. Jui-Chin JiangIndependent Director
  • Mr. Wen-Tsann LinIndependent Director
  • Mr. Guo'an ZhuangIndependent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Motion Technology Electric & Machinery Co Ltd develops high precision motors for medical grade electric auxiliary equipment.
  • The company manufactures brushed and brushless motor drive modules including motors and controllers.
  • Jhongli, Taoyuan serves as the headquarters for Motion Technology Electric & Machinery Co Ltd.

Weaknesses

  • The company's IPO on 27 April 2023 may limit immediate financial flexibility.
  • Motion Technology Electric & Machinery Co Ltd focuses on a narrow industrial sector.
  • The company's product range is limited to motor drive modules and related components.

Opportunities

  • Growth in medical grade electric auxiliary equipment drives demand for high precision motors.
  • Expansion into agricultural and fishery motors presents new market opportunities.
  • Intelligent machinery automation equipment is a growing application for the company's products.

Threats

  • Competition in the electrical equipment sector may impact market share.
  • Economic downturns could reduce demand for industrial machinery.
  • Regulatory changes in the electrical equipment industry might increase compliance costs.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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