A 
Advanced Energy Solution Holding Co 6781.TW · TWD
Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan
736.00
+4.40%
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.
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 16.00bn
FY2017FY2025
Net income
TWD 3.26bn
FY2017FY2025
Free cash flow
TWD 1.94bn
FY2017FY2025
Shareholders' equity
TWD 16.80bn
FY2017FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 16.00bn | TWD 10.04bn | TWD 10.03bn | TWD 15.05bn | TWD 11.55bn | TWD 6.31bn | TWD 4.86bn | TWD 4.68bn | TWD 3.85bn |
| Gross profit | TWD 5.75bn | TWD 3.96bn | TWD 3.77bn | TWD 5.57bn | TWD 4.18bn | TWD 2.02bn | TWD 1.31bn | TWD 1.01bn | TWD 746.8m |
| Research and development | TWD 1.30bn | TWD 1.02bn | TWD 1.08bn | TWD 1.08bn | TWD 708.2m | TWD 470.7m | TWD 340.1m | TWD 292.4m | TWD 277.4m |
| Operating income | TWD 3.88bn | TWD 2.38bn | TWD 2.19bn | TWD 4.12bn | TWD 3.09bn | TWD 1.20bn | TWD 765.0m | TWD 501.6m | TWD 232.1m |
| Net income | TWD 3.26bn | TWD 2.17bn | TWD 1.97bn | TWD 3.22bn | TWD 2.43bn | TWD 903.3m | TWD 600.0m | TWD 446.3m | TWD 230.3m |
| Diluted earnings per share | 38.17 | 25.39 | 23.01 | 37.67 | 30.24 | 13.69 | 9.41 | 7.48 | 3.86 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 24.77bn | TWD 20.58bn | TWD 18.51bn | TWD 19.46bn | TWD 14.84bn | TWD 6.69bn | TWD 4.76bn | TWD 4.07bn | TWD 3.42bn |
| Cash and short-term investments | TWD 8.83bn | TWD 7.41bn | TWD 4.99bn | TWD 8.04bn | TWD 6.88bn | TWD 1.91bn | TWD 1.78bn | TWD 788.5m | TWD 497.1m |
| Total liabilities | TWD 7.97bn | TWD 5.86bn | TWD 5.58bn | TWD 6.76bn | TWD 4.52bn | TWD 3.06bn | TWD 2.04bn | TWD 1.70bn | TWD 1.75bn |
| Debt | TWD 790.0m | TWD 449.2m | TWD 1.89bn | TWD 2.59bn | TWD 6.7m | TWD 5.9m | TWD 8.1m | — | TWD 134.9m |
| Shareholders' equity | TWD 16.80bn | TWD 14.72bn | TWD 12.93bn | TWD 12.71bn | TWD 10.32bn | TWD 3.63bn | TWD 2.69bn | TWD 2.34bn | TWD 1.66bn |
| Shares outstanding | 85m | 85m | 86m | 85m | 81m | 66m | 64m | 60m | 60m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 2.68bn | TWD 2.49bn | −TWD 265.8m | TWD 2.69bn | TWD 1.47bn | TWD 540.5m | TWD 1.26bn | TWD 220.1m | −TWD 393.0m |
| Capital spending | −TWD 735.4m | −TWD 516.4m | −TWD 513.6m | −TWD 1.05bn | −TWD 633.5m | −TWD 357.1m | −TWD 175.4m | −TWD 96.9m | −TWD 106.2m |
| Free cash flow | TWD 1.94bn | TWD 1.97bn | −TWD 779.4m | TWD 1.65bn | TWD 831.8m | TWD 183.4m | TWD 1.09bn | TWD 123.2m | −TWD 499.2m |
| Dividends paid | −TWD 1.07bn | −TWD 990.9m | −TWD 1.62bn | −TWD 1.28bn | −TWD 452.7m | −TWD 145.2m | −TWD 145.2m | −TWD 145.2m | −TWD 145.2m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 4.81bn | TWD 4.53bn | TWD 4.46bn | TWD 4.13bn | TWD 3.97bn | TWD 3.44bn | TWD 3.19bn | TWD 2.37bn |
| Gross profit | TWD 1.76bn | TWD 1.54bn | TWD 1.52bn | TWD 1.44bn | TWD 1.44bn | TWD 1.35bn | TWD 1.27bn | TWD 937.7m |
| Operating income | TWD 1.31bn | TWD 1.09bn | TWD 979.6m | TWD 957.8m | TWD 985.8m | TWD 953.5m | TWD 816.6m | TWD 558.0m |
| Net income | TWD 1.09bn | TWD 908.7m | TWD 810.5m | TWD 798.4m | TWD 825.1m | TWD 828.7m | TWD 725.3m | TWD 535.5m |
| Diluted earnings per share | 12.80 | 10.63 | 9.48 | 9.34 | 9.65 | 9.69 | 8.49 | 6.27 |
| Cash from operations | TWD 1.15bn | TWD 2.05bn | TWD 16.0m | TWD 398.0m | TWD 1.87bn | TWD 391.0m | TWD 885.0m | TWD 580.0m |
| Capital spending | −TWD 235.0m | −TWD 195.0m | −TWD 233.0m | −TWD 57.0m | −TWD 263.0m | −TWD 181.0m | −TWD 132.0m | −TWD 83.0m |
| Free cash flow | TWD 914.0m | TWD 1.85bn | −TWD 217.0m | TWD 341.0m | TWD 1.61bn | TWD 210.0m | TWD 753.0m | TWD 497.0m |
| Total assets | TWD 27.28bn | TWD 26.69bn | TWD 24.77bn | TWD 22.41bn | TWD 21.57bn | TWD 22.08bn | TWD 20.58bn | TWD 19.40bn |
| Cash and short-term investments | TWD 12.66bn | TWD 11.80bn | TWD 8.83bn | TWD 7.89bn | TWD 7.76bn | TWD 7.50bn | TWD 7.41bn | TWD 6.75bn |
| Debt | TWD 429.4m | TWD 821.5m | TWD 790.0m | TWD 389.4m | TWD 8.8m | TWD 11.1m | TWD 449.2m | TWD 811.3m |
| Shareholders' equity | TWD 17.70bn | TWD 18.09bn | TWD 16.80bn | TWD 15.26bn | TWD 13.89bn | TWD 15.77bn | TWD 14.72bn | TWD 13.83bn |
Financial ratios
Data as of 9 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 35.9% | 39.4% | 37.5% | 37.0% | 36.2% | 32.0% |
| Operating margin | 24.2% | 23.7% | 21.8% | 27.4% | 26.7% | 19.1% |
| Net margin | 20.4% | 21.6% | 19.6% | 21.4% | 21.1% | 14.3% |
| Return on equity | 19.4% | 14.7% | 15.2% | 25.3% | 23.6% | 24.9% |
| Return on assets | 13.2% | 10.5% | 10.6% | 16.5% | 16.4% | 13.5% |
| Free cash flow yield | 3.7% | 3.3% | 0.3% | 4.1% | 2.4% | 1.3% |
| Revenue growth | 59.4% | 0.1% | -33.4% | 30.3% | 83.1% | 29.8% |
| Earnings growth | 50.4% | 10.2% | -38.8% | 32.2% | 169.6% | 50.6% |
| Current ratio | 2.76x | 3.20x | 2.61x | 2.33x | 3.12x | 1.99x |
| Debt to equity | 0.05x | 0.03x | 0.15x | 0.20x | 0.02x | 0.00x |
| Equity ratio | 67.8% | 71.5% | 69.8% | 65.3% | 69.6% | 54.2% |
| Interest coverage | 805.98x | 22.60x | 24.98x | 83.44x | 28577.46x | 1012.34x |
| R&D as a share of sales | 8.1% | 10.1% | 10.7% | 7.2% | 6.1% | 7.5% |
| Buybacks as a share of market value | -0.1% | 0.1% | -0.2% | -6.1% | -22.0% | -3.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 2.2% | 20.5% | — |
| Operating income | -2.0% | 26.4% | — |
| Net income | 0.5% | 29.3% | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 37.3% | 37.2% | 36.6% | — |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Price to earnings | 34.9 | 44.9 | 32.7 | 17.1 | 60.5 |
| Price to sales | 7.1 | 9.8 | 6.5 | 3.7 | 12.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 9 Jul 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Paid in the year | 19.10 | 12.50 | 11.60 | 19.00 | 15.00 | 5.30 |
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.