Thinking Electronic Industrial Co., Ltd.(TW:2428)
NT$191.50-2.50 (-1.29%)
TW:2428
Thinking Electronic Industrial Co., Ltd. financials statements
NT$191.50
At close:-2.50 (-1.29%)
Thinking Electronic Industrial Co., Ltd. (2428) Ratios
Thinking Electronic Industrial Co., Ltd. Ratios
TW:2428's free cash flow for Q2 2026 was NT$147.27M. For the 2026 fiscal year, TW:2428's free cash flow was decreased by NT$-107.74M and operating cash flow was NT$255.01M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 3.70 | 3.82 | 4.87 | 3.97 | 3.83 |
| Quick Ratio | 3.17 | 3.25 | 4.12 | 3.25 | 2.99 |
| Cash Ratio | 1.21 | 1.22 | 1.59 | 1.55 | 1.12 |
| Solvency Ratio | 0.37 | 0.39 | 0.40 | 0.36 | 0.43 |
| Operating Cash Flow Ratio | 0.76 | 0.71 | 1.30 | 0.81 | 0.68 |
| Short-Term Operating Cash Flow Coverage | 1.65 | 1.81 | 6.41 | 2.36 | 1.79 |
| Net Current Asset Value | NT$ 5.32B | NT$ 4.57B | NT$ 3.79B | NT$ 4.32B | NT$ 4.46B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.11 | 0.11 | 0.10 | 0.14 | 0.13 |
| Debt-to-Equity Ratio | 0.17 | 0.17 | 0.15 | 0.22 | 0.21 |
| Debt-to-Capital Ratio | 0.14 | 0.14 | 0.13 | 0.18 | 0.17 |
| Long-Term Debt-to-Capital Ratio | 0.04 | 0.06 | 0.09 | 0.10 | 0.08 |
| Financial Leverage Ratio | 1.48 | 1.49 | 1.47 | 1.56 | 1.55 |
| Debt Service Coverage Ratio | 1.33 | 1.96 | 4.93 | 2.21 | 2.16 |
| Interest Coverage Ratio | 89.16 | 74.23 | 94.57 | 105.88 | 187.54 |
| Debt to Market Cap | 0.08 | 0.09 | 0.06 | 0.11 | 0.08 |
| Interest Debt Per Share | 14.91 | 14.15 | 10.70 | 15.29 | 13.21 |
| Net Debt to EBITDA | -0.65 | -0.51 | -0.58 | -0.74 | -0.36 |
| Profitability Margins | |||||
| Gross Profit Margin | 40.15% | 39.63% | 38.77% | 35.29% | 43.19% |
| EBIT Margin | 25.05% | 27.78% | 24.58% | 24.31% | 28.94% |
| EBITDA Margin | 30.53% | 33.41% | 30.10% | 29.42% | 33.23% |
| Operating Profit Margin | 25.05% | 23.57% | 22.50% | 24.37% | 28.92% |
| Pretax Profit Margin | 26.80% | 27.46% | 24.34% | 24.07% | 28.79% |
| Net Profit Margin | 18.74% | 20.62% | 18.48% | 18.41% | 21.03% |
| Continuous Operations Profit Margin | 18.56% | 20.39% | 18.53% | 18.62% | 21.21% |
| Net Income Per EBT | 69.94% | 75.08% | 75.92% | 76.46% | 73.05% |
| EBT Per EBIT | 107.01% | 116.54% | 108.17% | 98.80% | 99.56% |
| Return on Assets (ROA) | 9.09% | 9.82% | 9.58% | 9.99% | 12.45% |
| Return on Equity (ROE) | 13.48% | 14.64% | 14.05% | 15.60% | 19.33% |
| Return on Capital Employed (ROCE) | 14.68% | 13.36% | 13.26% | 15.87% | 20.93% |
| Return on Invested Capital (ROIC) | 9.26% | 9.21% | 9.78% | 11.44% | 14.17% |
| Return on Tangible Assets | 9.10% | 9.84% | 9.61% | 10.02% | 12.50% |
| Earnings Yield | 6.80% | 7.99% | 6.08% | 8.65% | 7.82% |
| Efficiency Ratios | |||||
| Receivables Turnover | 2.64 | 2.45 | 2.88 | 3.24 | 3.32 |
| Payables Turnover | 10.17 | 10.13 | 10.62 | 12.55 | 8.98 |
| Inventory Turnover | 3.19 | 3.12 | 3.50 | 2.90 | 2.19 |
| Fixed Asset Turnover | 1.79 | 1.67 | 1.68 | 1.97 | 2.44 |
| Asset Turnover | 0.48 | 0.48 | 0.52 | 0.54 | 0.59 |
| Working Capital Turnover Ratio | 1.08 | 1.12 | 1.07 | 1.12 | 1.19 |
| Cash Conversion Cycle | 217.00 | 230.04 | 196.51 | 209.40 | 235.84 |
| Days of Sales Outstanding | 138.36 | 149.06 | 126.70 | 112.67 | 109.83 |
| Days of Inventory Outstanding | 114.52 | 117.01 | 104.17 | 125.81 | 166.66 |
| Days of Payables Outstanding | 35.88 | 36.03 | 34.35 | 29.08 | 40.66 |
| Operating Cycle | 252.89 | 266.07 | 230.86 | 238.49 | 276.49 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 17.19 | 13.96 | 16.62 | 14.58 | 12.29 |
| Free Cash Flow Per Share | 13.23 | 10.29 | 9.76 | 6.98 | 5.53 |
| Dividend Paid and CapEx Coverage Ratio | 1.70 | 1.57 | 1.36 | 1.05 | 1.00 |
| Capital Expenditure Coverage Ratio | 4.34 | 3.80 | 2.42 | 1.92 | 1.82 |
| Operating Cash Flow Coverage Ratio | 1.17 | 1.00 | 1.57 | 0.96 | 0.94 |
| Operating Cash Flow to Sales Ratio | 0.27 | 0.24 | 0.30 | 0.25 | 0.21 |
| Free Cash Flow Yield | 7.58% | 6.79% | 5.81% | 5.63% | 3.51% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 14.84 | 12.50 | 16.45 | 11.57 | 12.79 |
| Price-to-Sales (P/S) Ratio | 2.75 | 2.58 | 3.04 | 2.13 | 2.69 |
| Price-to-Book (P/B) Ratio | 1.98 | 1.83 | 2.31 | 1.80 | 2.47 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 13.19 | 14.73 | 17.21 | 17.78 | 28.48 |
| Price-to-Operating Cash Flow Ratio | 10.15 | 10.85 | 10.11 | 8.50 | 12.82 |
| Price-to-Earnings Growth (PEG) Ratio | -5.00 | 0.67 | -3.46 | -0.90 | 0.92 |
| Enterprise Value Multiple | 8.37 | 7.22 | 9.52 | 6.49 | 7.73 |
| Enterprise Value | 20.53B | 18.13B | 20.27B | 14.25B | 19.28B |
| EV to EBITDA | 8.37 | 7.22 | 9.52 | 6.49 | 7.73 |
| EV to Sales | 2.56 | 2.41 | 2.86 | 1.91 | 2.57 |
| EV to Free Cash Flow | 12.24 | 13.75 | 16.21 | 15.95 | 27.21 |
| EV to Operating Cash Flow | 9.42 | 10.13 | 9.52 | 7.63 | 12.25 |
| Tangible Book Value Per Share | 88.70 | 83.34 | 73.45 | 69.48 | 64.23 |
| Shareholders’ Equity Per Share | 88.10 | 82.66 | 72.68 | 68.76 | 63.68 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.31 | 0.26 | 0.24 | 0.23 | 0.26 |
| Revenue Per Share | 63.35 | 58.70 | 55.25 | 58.25 | 58.55 |
| Net Income Per Share | 11.87 | 12.10 | 10.21 | 10.72 | 12.31 |
| Tax Burden | 0.70 | 0.75 | 0.76 | 0.76 | 0.73 |
| Interest Burden | 1.07 | 0.99 | 0.99 | 0.99 | 0.99 |
| Research & Development to Revenue | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 |
| SG&A to Revenue | 0.10 | 0.11 | 0.11 | 0.12 | 0.11 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.45 | 1.15 | 1.63 | 1.36 | 0.73 |
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