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

Aero Win Technology 8222.TW · TWD

Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan

Compare

30.80

+6.76%

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.

FY2025

Revenue

TWD 961.0m

FY2016FY2025

Net income

TWD 37.4m

FY2016FY2025

Free cash flow

−TWD 78.3m

FY2016FY2025

Shareholders' equity

TWD 901.0m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 961.0mTWD 824.1mTWD 683.8mTWD 449.5mTWD 351.5mTWD 397.1mTWD 771.1mTWD 774.5mTWD 841.4mTWD 919.2m
Gross profitTWD 172.4mTWD 185.3mTWD 133.7mTWD 51.8m−TWD 29.8mTWD 32.6mTWD 158.8mTWD 148.0mTWD 132.7mTWD 194.9m
Research and developmentTWD 53.6mTWD 52.7mTWD 45.1mTWD 28.7mTWD 33.0mTWD 47.6mTWD 55.9mTWD 43.6mTWD 42.6mTWD 42.6m
Operating incomeTWD 63.4mTWD 72.5mTWD 37.0mTWD 24.9m−TWD 98.5m−TWD 39.0mTWD 60.8mTWD 45.8mTWD 39.1mTWD 96.5m
Net incomeTWD 37.4mTWD 102.1mTWD 60.6mTWD 13.0m−TWD 102.9m−TWD 39.5mTWD 44.6mTWD 47.8mTWD 27.3mTWD 70.9m
Diluted earnings per share0.541.480.880.19-1.50-0.570.660.700.411.04

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 2.17bnTWD 2.13bnTWD 1.52bnTWD 1.35bnTWD 1.30bnTWD 1.43bnTWD 1.52bnTWD 1.48bnTWD 1.53bnTWD 1.55bn
Cash and short-term investmentsTWD 178.6mTWD 222.4mTWD 248.5mTWD 381.8mTWD 329.6mTWD 366.3mTWD 325.9mTWD 242.1mTWD 267.3mTWD 252.4m
Total liabilitiesTWD 1.27bnTWD 1.22bnTWD 686.0mTWD 581.5mTWD 543.7mTWD 581.3mTWD 592.7mTWD 563.5mTWD 642.8mTWD 637.8m
DebtTWD 1.07bnTWD 981.5mTWD 511.4mTWD 467.0mTWD 467.9mTWD 514.2mTWD 430.6mTWD 376.2mTWD 479.8mTWD 424.0m
Shareholders' equityTWD 901.0mTWD 912.0mTWD 830.3mTWD 770.2mTWD 751.3mTWD 853.1mTWD 922.6mTWD 911.8mTWD 882.5mTWD 908.8m
Shares outstanding69m69m69m69m69m69m67m68m67m68m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 14.7mTWD 80.7m−TWD 98.5mTWD 95.3mTWD 15.4mTWD 21.9mTWD 114.7mTWD 201.0mTWD 59.8mTWD 170.0m
Capital spending−TWD 93.0m−TWD 558.3m−TWD 77.9m−TWD 40.4m−TWD 7.4m−TWD 34.3m−TWD 47.2m−TWD 99.6m−TWD 92.5m−TWD 74.7m
Free cash flow−TWD 78.3m−TWD 477.6m−TWD 176.3mTWD 54.8mTWD 8.0m−TWD 12.4mTWD 67.5mTWD 101.4m−TWD 32.7mTWD 95.3m
Dividends paid−TWD 48.0m−TWD 20.6m———−TWD 30.9m−TWD 34.3m−TWD 20.6m−TWD 54.8m−TWD 54.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 247.6mTWD 234.4mTWD 234.6mTWD 219.5mTWD 253.6mTWD 253.4mTWD 200.7mTWD 230.1m
Gross profitTWD 66.4mTWD 57.8mTWD 51.8mTWD 34.4mTWD 33.9mTWD 56.6mTWD 48.0mTWD 48.3m
Operating incomeTWD 41.1mTWD 30.4mTWD 25.6mTWD 3.7mTWD 6.9mTWD 27.1mTWD 17.8mTWD 19.4m
Net incomeTWD 30.6mTWD 25.5mTWD 26.2mTWD 10.3m−TWD 20.5mTWD 21.3mTWD 31.5mTWD 15.9m
Diluted earnings per share0.450.370.380.15-0.300.310.460.23
Cash from operationsTWD 120.0mTWD 50.0mTWD 44.0mTWD 23.0mTWD 17.0m−TWD 71.0mTWD 79.0m−TWD 5.0m
Capital spending−TWD 23.0m−TWD 19.0m−TWD 15.0m−TWD 12.0m−TWD 34.0m−TWD 30.0m−TWD 423.0m−TWD 61.0m
Free cash flowTWD 97.0mTWD 31.0mTWD 29.0mTWD 11.0m−TWD 17.0m−TWD 101.0m−TWD 344.0m−TWD 66.0m
Total assetsTWD 2.22bnTWD 2.17bnTWD 2.17bnTWD 2.11bnTWD 2.14bnTWD 2.11bnTWD 2.13bnTWD 1.71bn
Cash and short-term investmentsTWD 317.6mTWD 201.0mTWD 178.6mTWD 100.0mTWD 153.8mTWD 118.8mTWD 222.4mTWD 233.7m
DebtTWD 1.08bnTWD 1.08bnTWD 1.07bnTWD 1.02bnTWD 1.03bnTWD 979.6mTWD 980.1mTWD 646.6m
Shareholders' equityTWD 933.1mTWD 926.5mTWD 901.0mTWD 875.2mTWD 864.8mTWD 933.3mTWD 912.0mTWD 880.3m

Financial ratios

Data as of 26 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin17.9%22.5%19.6%11.5%-8.5%8.2%
Operating margin6.6%13.7%10.1%5.5%-28.0%-9.7%
Net margin3.9%12.4%8.9%2.9%-29.3%-9.9%
Return on equity4.2%11.2%7.3%1.7%-13.7%-4.6%
Return on assets1.7%4.8%4.0%1.0%-7.9%-2.8%
Free cash flow yield4.6%27.0%-0.9%5.8%1.0%2.4%
Revenue growth16.6%20.5%52.1%27.9%-11.5%-48.5%
Earnings growth-63.3%68.4%366.3%-112.6%160.8%-188.5%
Current ratio2.12x2.42x2.82x3.65x3.69x4.30x
Debt to equity1.19x1.07x0.61x0.61x0.62x0.60x
Equity ratio41.5%42.8%54.8%57.0%58.0%59.5%
Interest coverage2.98x10.54x8.28x4.22x-20.10x-8.03x
R&D as a share of sales5.6%6.4%6.6%6.4%9.4%12.0%
Buybacks as a share of market value0.3%-0.6%0.0%0.3%0.0%-2.3%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue28.8%19.3%0.9%
Operating income36.5%—-3.4%
Net income42.3%—-7.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin20.0%18.6%14.9%17.4%
Operating margin7.6%6.8%1.6%5.0%
Net margin7.8%7.3%1.9%4.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings74.226.953.4137.1-9.9-23.428.123.553.423.5
Price to sales2.93.34.74.02.92.31.61.41.71.8

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 10 Jul 2025.

FY2025FY2024FY2020FY2019FY2018FY2017FY2016FY2015
Paid in the year0.700.300.450.500.300.800.800.50

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.