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Voltronic Power Technology 6409.TW · TWD

Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan

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829.00

+4.80%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 20.52bn

FY2016FY2025

Net income

TWD 3.52bn

FY2016FY2025

Free cash flow

TWD 4.55bn

FY2016FY2025

Shareholders' equity

TWD 9.55bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 20.52bnTWD 22.81bnTWD 18.95bnTWD 22.72bnTWD 16.96bnTWD 13.65bnTWD 12.94bnTWD 11.41bnTWD 9.86bnTWD 8.12bn
Gross profitTWD 5.86bnTWD 7.02bnTWD 5.97bnTWD 7.14bnTWD 4.31bnTWD 4.02bnTWD 3.79bnTWD 3.11bnTWD 2.69bnTWD 2.49bn
Research and developmentTWD 840.3mTWD 961.9mTWD 933.4mTWD 905.9mTWD 601.1mTWD 574.4mTWD 566.5mTWD 417.7mTWD 359.6mTWD 358.3m
Operating incomeTWD 4.34bnTWD 5.12bnTWD 4.14bnTWD 5.47bnTWD 2.94bnTWD 2.70bnTWD 2.67bnTWD 2.13bnTWD 1.83bnTWD 1.69bn
Net incomeTWD 3.52bnTWD 4.20bnTWD 3.62bnTWD 4.43bnTWD 2.36bnTWD 2.20bnTWD 2.13bnTWD 1.81bnTWD 1.36bnTWD 1.43bn
Diluted earnings per share40.0747.8241.2450.6927.1325.3224.6321.0415.8516.57

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 17.08bnTWD 17.32bnTWD 14.76bnTWD 16.04bnTWD 13.38bnTWD 11.92bnTWD 10.34bnTWD 8.29bnTWD 7.24bnTWD 7.08bn
Cash and short-term investmentsTWD 6.74bnTWD 6.56bnTWD 5.04bnTWD 5.35bnTWD 5.15bnTWD 4.89bnTWD 4.00bnTWD 2.63bnTWD 2.69bnTWD 3.28bn
Total liabilitiesTWD 7.53bnTWD 7.39bnTWD 6.40bnTWD 7.70bnTWD 7.68bnTWD 6.58bnTWD 5.46bnTWD 3.84bnTWD 3.06bnTWD 2.79bn
DebtTWD 1.03bnTWD 896.8mTWD 1.07bnTWD 1.26bnTWD 2.64bnTWD 2.12bnTWD 1.34bnTWD 397.5m——
Shareholders' equityTWD 9.55bnTWD 9.93bnTWD 8.36bnTWD 8.34bnTWD 5.71bnTWD 5.34bnTWD 4.88bnTWD 4.45bnTWD 4.18bnTWD 4.29bn
Shares outstanding88m88m88m87m87m87m87m86m86m86m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 4.62bnTWD 4.40bnTWD 4.08bnTWD 5.62bnTWD 2.30bnTWD 2.63bnTWD 3.00bnTWD 1.86bnTWD 1.74bnTWD 1.38bn
Capital spending−TWD 66.2m−TWD 93.0m−TWD 193.7m−TWD 1.99bn−TWD 536.4m−TWD 407.3m−TWD 442.1m−TWD 701.8m−TWD 308.3m−TWD 200.3m
Free cash flowTWD 4.55bnTWD 4.31bnTWD 3.89bnTWD 3.63bnTWD 1.76bnTWD 2.22bnTWD 2.56bnTWD 1.16bnTWD 1.43bnTWD 1.18bn
Dividends paid−TWD 3.77bn−TWD 3.29bn−TWD 3.82bn−TWD 2.05bn−TWD 2.05bn−TWD 1.93bn−TWD 1.65bn−TWD 1.57bn−TWD 1.57bn−TWD 1.12bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 5.55bnTWD 4.20bnTWD 4.64bnTWD 5.18bnTWD 5.71bnTWD 4.99bnTWD 5.01bnTWD 6.70bn
Gross profitTWD 1.38bnTWD 1.07bnTWD 1.27bnTWD 1.48bnTWD 1.64bnTWD 1.48bnTWD 1.49bnTWD 2.07bn
Operating incomeTWD 1.01bnTWD 761.3mTWD 967.3mTWD 1.14bnTWD 1.15bnTWD 1.06bnTWD 1.03bnTWD 1.58bn
Net incomeTWD 712.2mTWD 391.5mTWD 533.5mTWD 640.7mTWD 1.50bnTWD 850.7mTWD 976.7mTWD 1.23bn
Diluted earnings per share8.114.466.077.2917.039.6811.1113.99
Cash from operationsTWD 275.0mTWD 276.0mTWD 783.0mTWD 395.0mTWD 2.01bnTWD 1.35bn−TWD 367.0mTWD 2.02bn
Capital spending−TWD 24.0m−TWD 18.0m−TWD 15.0m−TWD 15.0m−TWD 23.0m−TWD 12.0m−TWD 6.0m−TWD 49.0m
Free cash flowTWD 251.0mTWD 258.0mTWD 768.0mTWD 380.0mTWD 1.99bnTWD 1.34bn−TWD 373.0mTWD 1.97bn
Total assetsTWD 19.29bnTWD 17.84bnTWD 17.08bnTWD 16.00bnTWD 18.87bnTWD 18.33bnTWD 17.32bnTWD 17.33bn
Cash and short-term investmentsTWD 7.86bnTWD 7.59bnTWD 6.74bnTWD 5.49bnTWD 8.28bnTWD 8.05bnTWD 6.56bnTWD 6.61bn
DebtTWD 637.7mTWD 1.15bnTWD 1.03bnTWD 243.0mTWD 754.9mTWD 757.8mTWD 814.4mTWD 820.1m
Shareholders' equityTWD 7.95bnTWD 10.33bnTWD 9.55bnTWD 8.55bnTWD 7.42bnTWD 10.96bnTWD 9.93bnTWD 8.81bn

Financial ratios

Data as of 13 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin28.6%30.8%31.5%31.4%25.4%29.4%
Operating margin21.1%22.4%21.8%24.1%17.4%19.7%
Net margin17.2%18.4%19.1%19.5%13.9%16.1%
Return on equity36.9%42.3%43.3%53.1%41.3%41.2%
Return on assets20.6%24.3%24.5%27.6%17.6%18.4%
Free cash flow yield6.2%5.9%5.7%10.1%3.8%4.1%
Revenue growth-10.0%20.4%-16.6%34.0%24.2%5.5%
Earnings growth-16.3%16.1%-18.3%87.9%7.4%3.1%
Current ratio1.78x1.87x1.76x1.63x1.34x1.39x
Debt to equity0.11x0.08x0.11x0.12x0.43x0.35x
Equity ratio55.9%57.3%56.6%52.0%42.6%44.8%
Interest coverage88.76x78.61x65.40x73.76x71.64x64.88x
R&D as a share of sales4.1%4.2%4.9%4.0%3.5%4.2%
Buybacks as a share of market value0.1%-0.1%-0.4%-0.5%-0.2%-0.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.3%8.5%9.8%
Operating income-7.4%10.0%10.0%
Net income-7.4%9.9%9.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin29.7%30.6%29.7%29.4%
Operating margin21.8%22.4%21.4%20.9%
Net margin17.8%18.6%17.6%17.2%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings24.238.941.530.557.044.227.623.129.524.4
Price to sales4.27.27.96.07.97.14.53.74.14.3

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 23 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year36.7743.00537.50443.50923.5531.0021.1518.141
  • 1.05-for-1 split · 16 Sept 2020
  • 21-for-20 split · 2 Sept 2019
  • 1.05-for-1 split · 24 Aug 2016
  • 1.05-for-1 split · 25 Aug 2015
  • 21-for-20 split · 25 Aug 2014
  • 21-for-20 split · 25 Jun 2013

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.