Taiwan Alpha Electronic Co 6204.TWO · TWD
Information Technology · Taipei Exchange · 🇹🇼 Taiwan
87.90
+3.90%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 387.4m
FY2016FY2025
Net income
TWD 27.3m
FY2016FY2025
Free cash flow
TWD 35.2m
FY2016FY2025
Shareholders' equity
TWD 359.6m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 387.4m | TWD 386.0m | TWD 378.4m | TWD 391.9m | TWD 623.0m | TWD 464.1m | TWD 509.0m | TWD 602.6m | TWD 617.6m | TWD 615.1m |
| Gross profit | TWD 133.5m | TWD 131.8m | TWD 125.9m | TWD 105.6m | TWD 173.4m | TWD 123.8m | TWD 127.9m | TWD 160.1m | TWD 177.8m | TWD 179.0m |
| Research and development | TWD 14.3m | TWD 14.3m | TWD 14.2m | TWD 14.4m | TWD 15.9m | TWD 15.2m | TWD 17.8m | TWD 18.6m | TWD 19.1m | TWD 25.1m |
| Operating income | TWD 33.0m | TWD 31.7m | TWD 19.1m | TWD 29.1m | TWD 321.8m | TWD 39.5m | TWD 42.6m | TWD 52.5m | TWD 69.8m | TWD 56.4m |
| Net income | TWD 27.3m | TWD 34.2m | TWD 413.6m | TWD 21.2m | TWD 286.6m | TWD 32.5m | TWD 32.2m | TWD 45.5m | TWD 55.1m | TWD 52.0m |
| Diluted earnings per share | 1.20 | 1.50 | 17.97 | 0.92 | 12.41 | 1.41 | 1.41 | 2.00 | 2.42 | 2.24 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 508.5m | TWD 500.9m | TWD 485.6m | TWD 441.2m | TWD 675.5m | TWD 959.7m | TWD 952.0m | TWD 1.10bn | TWD 1.10bn | TWD 1.09bn |
| Cash and short-term investments | — | — | — | TWD 148.3m | TWD 288.5m | TWD 578.9m | TWD 559.4m | — | — | TWD 670.2m |
| Total liabilities | TWD 148.9m | TWD 158.8m | TWD 164.8m | TWD 118.6m | TWD 214.3m | TWD 205.8m | TWD 187.2m | TWD 194.6m | TWD 203.9m | TWD 195.2m |
| Debt | — | — | — | TWD 12.2m | TWD 14.3m | TWD 17.4m | TWD 21.7m | — | — | — |
| Shareholders' equity | TWD 359.6m | TWD 342.2m | TWD 320.8m | TWD 322.5m | TWD 461.2m | TWD 753.9m | TWD 764.8m | TWD 901.3m | TWD 892.3m | TWD 892.6m |
| Shares outstanding | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m | 23m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 46.9m | TWD 52.5m | TWD 36.3m | TWD 16.3m | TWD 61.1m | TWD 78.6m | TWD 66.3m | TWD 75.1m | TWD 88.2m | TWD 76.7m |
| Capital spending | −TWD 11.7m | −TWD 9.8m | −TWD 11.3m | −TWD 8.1m | −TWD 3.4m | −TWD 2.6m | −TWD 11.7m | −TWD 10.5m | −TWD 13.0m | −TWD 8.5m |
| Free cash flow | TWD 35.2m | TWD 42.7m | TWD 25.0m | TWD 8.3m | TWD 57.7m | TWD 76.0m | TWD 54.6m | TWD 64.5m | TWD 75.2m | TWD 68.2m |
| Dividends paid | −TWD 6.9m | −TWD 19.9m | −TWD 415.1m | −TWD 166.3m | −TWD 577.6m | −TWD 46.2m | −TWD 36.1m | −TWD 39.7m | −TWD 36.1m | −TWD 25.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 118.9m | TWD 87.7m | TWD 81.6m | TWD 103.2m | TWD 110.1m | TWD 92.5m | TWD 91.0m | TWD 113.2m |
| Gross profit | TWD 39.1m | TWD 30.5m | TWD 27.9m | TWD 37.6m | TWD 38.4m | TWD 29.6m | TWD 31.5m | TWD 40.0m |
| Operating income | TWD 11.6m | TWD 4.8m | TWD 2.9m | TWD 13.6m | TWD 11.0m | TWD 5.4m | TWD 7.0m | TWD 12.4m |
| Net income | TWD 8.9m | TWD 2.2m | TWD 4.8m | TWD 11.7m | TWD 3.9m | TWD 6.9m | TWD 9.4m | TWD 8.7m |
| Diluted earnings per share | 0.39 | 0.10 | 0.21 | 0.52 | 0.17 | 0.30 | 0.41 | 0.38 |
| Cash from operations | TWD 1.0m | TWD 9.0m | TWD 21.0m | TWD 12.0m | TWD 3.0m | TWD 9.0m | TWD 17.0m | TWD 22.0m |
| Capital spending | −TWD 1.0m | −TWD 1.0m | −TWD 2.0m | −TWD 2.0m | −TWD 3.0m | −TWD 3.0m | −TWD 2.0m | −TWD 2.0m |
| Free cash flow | TWD 0 | TWD 8.0m | TWD 19.0m | TWD 10.0m | TWD 0 | TWD 6.0m | TWD 15.0m | TWD 20.0m |
| Total assets | TWD 522.0m | TWD 518.6m | TWD 508.5m | TWD 494.4m | TWD 492.2m | TWD 506.8m | TWD 500.9m | TWD 481.1m |
| Shareholders' equity | TWD 359.5m | TWD 359.7m | TWD 359.6m | TWD 350.2m | TWD 334.9m | TWD 344.8m | TWD 342.2m | TWD 331.4m |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|
| Gross margin | 34.4% | 34.1% | 33.3% | 26.9% | 27.8% | 26.7% | — |
| Operating margin | 10.1% | 12.0% | 122.3% | 7.4% | 51.6% | 8.5% | — |
| Net margin | 7.0% | 8.9% | 109.3% | 5.4% | 46.0% | 7.0% | — |
| Return on equity | 7.6% | 10.0% | 128.9% | 6.6% | 62.2% | 4.3% | — |
| Return on assets | 5.4% | 6.8% | 85.2% | 4.8% | 42.4% | 3.4% | — |
| Free cash flow yield | — | 2.7% | 2.0% | 1.0% | 2.8% | 3.5% | — |
| Revenue growth | 0.4% | 2.0% | -3.5% | -37.1% | 34.2% | -8.8% | — |
| Earnings growth | -20.1% | -91.7% | 1852.7% | -92.6% | 782.6% | 0.9% | — |
| Current ratio | 3.38x | 3.37x | 3.05x | 2.99x | 2.75x | 5.90x | — |
| Debt to equity | — | — | — | 0.02x | 0.02x | 0.02x | 0.02x |
| Equity ratio | 70.7% | 68.3% | 66.1% | 73.1% | 68.3% | 78.6% | — |
| Interest coverage | 61.04x | 78.65x | 2112.40x | 109.27x | 1072.56x | 185.38x | — |
| R&D as a share of sales | 3.7% | 3.7% | 3.8% | 3.7% | 2.6% | 3.3% | — |
| Buybacks as a share of market value | — | 1.1% | -0.5% | 0.8% | 0.0% | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.4% | -3.5% | -4.3% |
| Operating income | 4.3% | -3.5% | 1.8% |
| Net income | 8.8% | -3.4% | -3.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 34.3% | 32.2% | 30.2% | 28.6% |
| Operating margin | 8.4% | 7.3% | 18.0% | 13.0% |
| Net margin | 7.9% | 32.1% | 31.0% | 18.7% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 65.9 | 38.1 | 7.6 | 63.4 | 5.8 | 97.5 | 17.2 | 14.2 | 14.9 | 14.1 |
| Price to sales | 4.6 | 3.4 | 8.3 | 3.4 | 2.7 | 6.8 | 1.1 | 1.1 | 1.3 | 1.2 |
Dividends and splits
Per share, in the currency the company pays
Paid for 4 years. Last went ex-dividend on 19 Jun 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|
| Paid in the year | 0.30 | 0.86 | 17.97 | 7.20 |
- 1000-to-640 reverse split · 26 Sept 2019
- 103-for-100 split · 7 Aug 2008
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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