Thinking Electronic Industrial Co., Ltd. Logo

Thinking Electronic Industrial Co., Ltd.

2428.TW

(2.0)
Stock Price

175,00 TWD

8.18% ROA

14.42% ROE

18.18x PER

Market Cap.

20.241.854.000,00 TWD

16.79% DER

3.42% Yield

18.48% NPM

Thinking Electronic Industrial Co., Ltd. Stock Analysis

Thinking Electronic Industrial Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Thinking Electronic Industrial Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (16%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

3 ROE

The stock's ROE falls within an average range (13.38%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

4 ROA

The stock's ROA (8.77%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (2.12x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (912) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Thinking Electronic Industrial Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Thinking Electronic Industrial Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Thinking Electronic Industrial Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Thinking Electronic Industrial Co., Ltd. Revenue
Year Revenue Growth
2006 2.853.929.000
2007 2.843.410.000 -0.37%
2008 3.211.277.000 11.46%
2009 3.169.349.000 -1.32%
2010 4.360.328.000 27.31%
2011 4.303.294.000 -1.33%
2012 4.122.610.000 -4.38%
2013 4.270.222.000 3.46%
2014 4.555.972.000 6.27%
2015 5.116.152.000 10.95%
2016 5.408.161.000 5.4%
2017 5.826.763.000 7.18%
2018 6.019.949.000 3.21%
2019 5.814.232.000 -3.54%
2020 5.920.258.000 1.79%
2021 7.500.455.000 21.07%
2022 7.463.135.000 -0.5%
2023 7.053.572.000 -5.81%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Thinking Electronic Industrial Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 39.595.000
2007 43.756.000 9.51%
2008 64.764.000 32.44%
2009 61.703.000 -4.96%
2010 79.085.000 21.98%
2011 66.896.000 -18.22%
2012 71.545.000 6.5%
2013 54.153.000 -32.12%
2014 88.398.000 38.74%
2015 80.585.000 -9.7%
2016 85.447.000 5.69%
2017 116.820.000 26.86%
2018 131.137.000 10.92%
2019 199.013.000 34.11%
2020 225.072.000 11.58%
2021 298.071.000 24.49%
2022 326.395.000 8.68%
2023 343.064.000 4.86%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Thinking Electronic Industrial Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 172.965.000
2007 197.753.000 12.53%
2008 228.482.000 13.45%
2009 236.381.000 3.34%
2010 272.800.000 13.35%
2011 219.967.000 -24.02%
2012 226.959.000 3.08%
2013 244.574.000 7.2%
2014 268.423.000 8.88%
2015 319.249.000 15.92%
2016 370.326.000 13.79%
2017 455.373.000 18.68%
2018 472.881.000 3.7%
2019 455.203.000 -3.88%
2020 421.329.000 -8.04%
2021 536.436.000 21.46%
2022 603.989.000 11.18%
2023 454.020.000 -33.03%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Thinking Electronic Industrial Co., Ltd. EBITDA
Year EBITDA Growth
2006 460.693.000
2007 558.563.000 17.52%
2008 555.969.000 -0.47%
2009 720.170.000 22.8%
2010 891.256.000 19.2%
2011 691.493.000 -28.89%
2012 724.003.000 4.49%
2013 865.730.000 16.37%
2014 988.867.000 12.45%
2015 1.144.982.000 13.63%
2016 1.391.619.000 17.72%
2017 1.683.226.000 17.32%
2018 1.741.481.000 3.35%
2019 1.795.786.000 3.02%
2020 2.162.279.000 16.95%
2021 2.490.726.000 13.19%
2022 2.200.032.000 -13.21%
2023 2.176.952.000 -1.06%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Thinking Electronic Industrial Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 623.864.000
2007 588.142.000 -6.07%
2008 776.456.000 24.25%
2009 978.118.000 20.62%
2010 1.339.823.000 27%
2011 890.125.000 -50.52%
2012 966.210.000 7.87%
2013 1.089.233.000 11.29%
2014 1.233.163.000 11.67%
2015 1.453.302.000 15.15%
2016 1.678.739.000 13.43%
2017 2.052.348.000 18.2%
2018 2.241.160.000 8.42%
2019 2.340.329.000 4.24%
2020 2.714.605.000 13.79%
2021 3.239.431.000 16.2%
2022 2.633.376.000 -23.01%
2023 2.770.756.000 4.96%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Thinking Electronic Industrial Co., Ltd. Net Profit
Year Net Profit Growth
2006 249.146.000
2007 356.109.000 30.04%
2008 231.316.000 -53.95%
2009 472.610.000 51.06%
2010 608.886.000 22.38%
2011 402.742.000 -51.19%
2012 430.873.000 6.53%
2013 509.155.000 15.37%
2014 618.721.000 17.71%
2015 688.143.000 10.09%
2016 900.553.000 23.59%
2017 1.084.535.000 16.96%
2018 982.766.000 -10.36%
2019 1.115.990.000 11.94%
2020 1.385.016.000 19.42%
2021 1.577.307.000 12.19%
2022 1.373.833.000 -14.81%
2023 1.332.140.000 -3.13%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Thinking Electronic Industrial Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 3 33.33%
2008 2 -50%
2009 4 50%
2010 5 0%
2011 3 -33.33%
2012 3 0%
2013 4 25%
2014 5 0%
2015 5 20%
2016 7 28.57%
2017 8 12.5%
2018 8 -14.29%
2019 9 12.5%
2020 11 20%
2021 12 16.67%
2022 11 -20%
2023 10 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Thinking Electronic Industrial Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 49.027.000
2007 -201.232.000 124.36%
2008 224.938.000 189.46%
2009 700.453.000 67.89%
2010 387.828.000 -80.61%
2011 153.722.000 -152.29%
2012 423.446.000 63.7%
2013 298.331.000 -41.94%
2014 483.140.000 38.25%
2015 777.672.000 37.87%
2016 457.623.000 -69.94%
2017 621.324.000 26.35%
2018 853.553.000 27.21%
2019 1.352.946.000 36.91%
2020 972.322.000 -39.15%
2021 708.531.000 -37.23%
2022 893.717.000 20.72%
2023 215.109.000 -315.47%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Thinking Electronic Industrial Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 250.801.000
2007 34.713.000 -622.5%
2008 422.715.000 91.79%
2009 803.540.000 47.39%
2010 629.814.000 -27.58%
2011 275.672.000 -128.46%
2012 555.583.000 50.38%
2013 533.883.000 -4.06%
2014 614.427.000 13.11%
2015 1.060.072.000 42.04%
2016 984.952.000 -7.63%
2017 1.100.350.000 10.49%
2018 1.343.938.000 18.12%
2019 1.646.698.000 18.39%
2020 1.342.996.000 -22.61%
2021 1.574.074.000 14.68%
2022 1.868.099.000 15.74%
2023 382.636.000 -388.22%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Thinking Electronic Industrial Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 201.774.000
2007 235.945.000 14.48%
2008 197.777.000 -19.3%
2009 103.087.000 -91.85%
2010 241.986.000 57.4%
2011 121.950.000 -98.43%
2012 132.137.000 7.71%
2013 235.552.000 43.9%
2014 131.287.000 -79.42%
2015 282.400.000 53.51%
2016 527.329.000 46.45%
2017 479.026.000 -10.08%
2018 490.385.000 2.32%
2019 293.752.000 -66.94%
2020 370.674.000 20.75%
2021 865.543.000 57.17%
2022 974.382.000 11.17%
2023 167.527.000 -481.63%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Thinking Electronic Industrial Co., Ltd. Equity
Year Equity Growth
2006 1.732.302.000
2007 2.042.479.000 15.19%
2008 2.105.042.000 2.97%
2009 2.759.289.000 23.71%
2010 2.956.143.000 6.66%
2011 3.205.482.000 7.78%
2012 3.359.368.000 4.58%
2013 3.702.648.000 9.27%
2014 4.207.703.000 12%
2015 4.585.640.000 8.24%
2016 4.891.898.000 6.26%
2017 5.515.746.000 11.31%
2018 6.059.758.000 8.98%
2019 6.514.983.000 6.99%
2020 7.444.787.000 12.49%
2021 8.276.353.000 10.05%
2022 8.943.447.000 7.46%
2023 9.369.889.000 4.55%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Thinking Electronic Industrial Co., Ltd. Assets
Year Assets Growth
2006 2.992.196.000
2007 3.247.224.000 7.85%
2008 3.706.200.000 12.38%
2009 3.961.006.000 6.43%
2010 4.248.811.000 6.77%
2011 4.814.973.000 11.76%
2012 5.260.549.000 8.47%
2013 5.192.017.000 -1.32%
2014 5.935.662.000 12.53%
2015 6.430.364.000 7.69%
2016 7.330.755.000 12.28%
2017 7.657.217.000 4.26%
2018 8.245.947.000 7.14%
2019 8.750.515.000 5.77%
2020 11.030.660.000 20.67%
2021 12.669.885.000 12.94%
2022 13.757.816.000 7.91%
2023 13.662.288.000 -0.7%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Thinking Electronic Industrial Co., Ltd. Liabilities
Year Liabilities Growth
2006 1.038.241.000
2007 997.707.000 -4.06%
2008 1.398.886.000 28.68%
2009 1.040.052.000 -34.5%
2010 1.132.488.000 8.16%
2011 1.419.510.000 20.22%
2012 1.729.456.000 17.92%
2013 1.341.902.000 -28.88%
2014 1.570.685.000 14.57%
2015 1.692.543.000 7.2%
2016 2.294.831.000 26.25%
2017 2.001.744.000 -14.64%
2018 2.186.189.000 8.44%
2019 2.235.532.000 2.21%
2020 3.585.873.000 37.66%
2021 4.393.532.000 18.38%
2022 4.814.369.000 8.74%
2023 4.292.399.000 -12.16%

Thinking Electronic Industrial Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
56.01
Net Income per Share
8.69
Price to Earning Ratio
18.18x
Price To Sales Ratio
2.82x
POCF Ratio
9.98
PFCF Ratio
19.62
Price to Book Ratio
2.19
EV to Sales
2.62
EV Over EBITDA
9.97
EV to Operating CashFlow
9.27
EV to FreeCashFlow
18.23
Earnings Yield
0.06
FreeCashFlow Yield
0.05
Market Cap
20,24 Bil.
Enterprise Value
18,80 Bil.
Graham Number
118.69
Graham NetNet
20.44

Income Statement Metrics

Net Income per Share
8.69
Income Quality
1.38
ROE
0.12
Return On Assets
0.1
Return On Capital Employed
0.14
Net Income per EBT
0.76
EBT Per Ebit
1.01
Ebit per Revenue
0.24
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.38
Operating Profit Margin
0.24
Pretax Profit Margin
0.24
Net Profit Margin
0.18

Dividends

Dividend Yield
0.03
Dividend Yield %
3.42
Payout Ratio
0
Dividend Per Share
5.4

Operating Metrics

Operating Cashflow per Share
15.83
Free CashFlow per Share
8.05
Capex to Operating CashFlow
-0.49
Capex to Revenue
-0.14
Capex to Depreciation
-2.54
Return on Invested Capital
0.11
Return on Tangible Assets
0.08
Days Sales Outstanding
131.49
Days Payables Outstanding
33.69
Days of Inventory on Hand
101.69
Receivables Turnover
2.78
Payables Turnover
10.83
Inventory Turnover
3.59
Capex per Share
-7.78

Balance Sheet

Cash per Share
33,83
Book Value per Share
72,04
Tangible Book Value per Share
72.8
Shareholders Equity per Share
72.04
Interest Debt per Share
12.24
Debt to Equity
0.17
Debt to Assets
0.11
Net Debt to EBITDA
-0.76
Current Ratio
5.24
Tangible Asset Value
9,33 Bil.
Net Current Asset Value
4,07 Bil.
Invested Capital
0.17
Working Capital
6,76 Bil.
Intangibles to Total Assets
0
Average Receivables
2,46 Bil.
Average Payables
0,37 Bil.
Average Inventory
1307333500
Debt to Market Cap
0.08

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Thinking Electronic Industrial Co., Ltd. Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 1 0%
2005 1 100%
2006 1 0%
2007 1 0%
2008 2 100%
2009 1 0%
2010 2 50%
2011 2 0%
2012 2 -100%
2013 2 0%
2014 2 0%
2015 2 50%
2016 3 0%
2017 3 33.33%
2018 4 25%
2019 4 -33.33%
2020 4 25%
2021 6 20%
2022 6 16.67%
2023 5 -20%

Thinking Electronic Industrial Co., Ltd. Profile

About Thinking Electronic Industrial Co., Ltd.

Thinking Electronic Industrial Co., Ltd. manufactures, processes, and sells electric devices, thermistors, varistors, and wires in Taiwan. It offers protective circuit components, including over-voltage, over-temperature, and over-current protection components. The company also provides negative temperature coefficient, ceramic positive temperature, and polymer positive temperature coefficient thermistors; zinc oxide varistors; temperature sensors; and gas discharge tubes. In addition, it offers polymer PTC resettable fuse, ESD suppressors, TVS diodes, spark gap protectors, and thyristor surge suppressors. The company's products are used in automotive, telecom equipment, industrial, power supply, smart home appliances and lighting, consumer electronics, renewable energy, medical, and security applications. Thinking Electronic Industrial Co., Ltd. was incorporated in 1979 and is based in Kaohsiung, Taiwan.

CEO
Mr. Yi-Sheng Ho
Employee
2.340
Address
No. 93, Dashun 1st Road
Kaohsiung, 81357

Thinking Electronic Industrial Co., Ltd. Executives & BODs

Thinking Electronic Industrial Co., Ltd. Executives & BODs
# Name Age
1 Mr. Yi-Sheng Ho
President
70
2 Ms. Yu-Fang Hung
Manager of Finance Department
70
3 Ms. Mei-Hui Chang
Head of Plant
70

Thinking Electronic Industrial Co., Ltd. Competitors