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Aces Electronics Co Ltd
TWSE:3605

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Aces Electronics Co Ltd Logo
Aces Electronics Co Ltd
TWSE:3605
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Price: 63.8 TWD 6.33% Market Closed
Market Cap: NT$10.4B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
0%
5Y
+35%
10Y
+195%
Operating Income
+
3Y
+229%
5Y
+61%
10Y
+851%
Net Income
+
3Y
+53%
5Y
+128%
10Y
+334%

Earnings Waterfall
Aces Electronics Co Ltd

Income Statement
Aces Electronics Co Ltd

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Income Statement
Currency: TWD
Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
12
9
4
2
2
5
10
14
18
19
19
20
20
26
24
23
21
18
19
19
19
14
12
11
10
9
12
16
19
21
19
16
15
18
21
25
29
29
33
35
36
39
39
39
39
37
35
36
37
40
46
52
60
72
85
98
107
109
109
108
108
110
104
95
87
81
Revenue
4 246
N/A
4 195
-1%
4 538
+8%
4 785
+5%
4 838
+1%
4 545
-6%
4 408
-3%
4 311
-2%
4 442
+3%
4 551
+2%
4 638
+2%
4 639
+0%
4 596
-1%
4 553
-1%
4 441
-2%
4 330
-3%
4 101
-5%
3 927
-4%
3 988
+2%
4 003
+0%
4 030
+1%
4 165
+3%
4 133
-1%
4 056
-2%
3 827
-6%
3 679
-4%
3 968
+8%
4 300
+8%
4 698
+9%
5 117
+9%
5 184
+1%
5 183
0%
5 193
+0%
5 484
+6%
5 666
+3%
6 014
+6%
6 466
+8%
6 663
+3%
6 711
+1%
6 727
+0%
6 693
-1%
6 847
+2%
7 312
+7%
7 372
+1%
7 783
+6%
8 005
+3%
8 063
+1%
8 776
+9%
9 486
+8%
10 012
+6%
10 576
+6%
11 090
+5%
11 037
0%
10 851
-2%
10 393
-4%
9 616
-7%
8 967
-7%
8 553
-5%
8 486
-1%
8 389
-1%
8 771
+5%
9 255
+6%
9 771
+6%
10 405
+6%
10 737
+3%
10 837
+1%
Gross Profit
Cost of Revenue
(2 637)
(2 543)
(2 770)
(2 984)
(3 090)
(3 039)
(2 909)
(2 804)
(2 880)
(2 937)
(3 081)
(3 198)
(3 223)
(3 275)
(3 172)
(3 122)
(2 960)
(2 848)
(2 852)
(2 800)
(2 817)
(2 843)
(2 888)
(2 848)
(2 746)
(2 714)
(2 969)
(3 275)
(3 582)
(3 900)
(3 965)
(3 976)
(4 008)
(4 337)
(4 573)
(4 898)
(5 289)
(5 379)
(5 338)
(5 324)
(5 241)
(5 321)
(5 639)
(5 703)
(5 978)
(6 157)
(6 227)
(6 675)
(7 208)
(7 680)
(8 147)
(8 574)
(8 608)
(8 500)
(8 160)
(7 645)
(7 188)
(6 807)
(6 734)
(6 615)
(6 828)
(7 128)
(7 449)
(7 845)
(8 012)
(8 065)
Gross Profit
1 609
N/A
1 653
+3%
1 769
+7%
1 801
+2%
1 748
-3%
1 506
-14%
1 499
0%
1 507
+1%
1 562
+4%
1 614
+3%
1 557
-4%
1 441
-7%
1 374
-5%
1 277
-7%
1 270
-1%
1 208
-5%
1 140
-6%
1 080
-5%
1 136
+5%
1 203
+6%
1 213
+1%
1 322
+9%
1 246
-6%
1 208
-3%
1 081
-10%
965
-11%
999
+3%
1 025
+3%
1 116
+9%
1 218
+9%
1 220
+0%
1 207
-1%
1 185
-2%
1 146
-3%
1 093
-5%
1 116
+2%
1 177
+5%
1 284
+9%
1 373
+7%
1 403
+2%
1 451
+3%
1 526
+5%
1 672
+10%
1 669
0%
1 805
+8%
1 848
+2%
1 836
-1%
2 101
+14%
2 279
+8%
2 332
+2%
2 429
+4%
2 515
+4%
2 429
-3%
2 351
-3%
2 233
-5%
1 971
-12%
1 779
-10%
1 745
-2%
1 752
+0%
1 774
+1%
1 942
+9%
2 127
+10%
2 322
+9%
2 561
+10%
2 726
+6%
2 772
+2%
Operating Income
Operating Expenses
(620)
(634)
(655)
(685)
(698)
(688)
(655)
(668)
(688)
(732)
(811)
(840)
(879)
(903)
(913)
(931)
(952)
(922)
(946)
(948)
(939)
(961)
(945)
(947)
(911)
(905)
(934)
(931)
(1 029)
(1 081)
(1 067)
(1 051)
(1 020)
(1 043)
(1 066)
(1 060)
(1 174)
(1 211)
(1 238)
(1 264)
(1 281)
(1 332)
(1 404)
(1 432)
(1 482)
(1 491)
(1 487)
(1 562)
(1 680)
(1 758)
(1 915)
(2 020)
(2 083)
(2 176)
(2 176)
(2 175)
(2 145)
(2 108)
(2 083)
(2 033)
(2 011)
(2 011)
(2 043)
(2 106)
(2 144)
(2 198)
Selling, General & Administrative
(500)
(497)
(505)
(521)
(530)
(524)
(503)
(510)
(511)
(532)
(576)
(586)
(617)
(633)
(627)
(644)
(650)
(635)
(627)
(630)
(634)
(647)
(675)
(673)
(648)
(645)
(675)
(708)
(756)
(801)
(790)
(775)
(746)
(760)
(765)
(795)
(843)
(866)
(894)
(913)
(937)
(986)
(1 059)
(1 089)
(1 134)
(1 138)
(1 123)
(1 177)
(1 266)
(1 311)
(1 434)
(1 512)
(1 548)
(1 623)
(1 602)
(1 577)
(1 531)
(1 483)
(1 461)
(1 435)
(1 422)
(1 429)
(1 451)
(1 497)
(1 533)
(1 583)
Research & Development
(120)
(137)
(150)
(164)
(169)
(163)
(151)
(157)
(177)
(201)
(235)
(254)
(262)
(270)
(287)
(287)
(302)
(287)
(318)
(319)
(305)
(314)
(270)
(263)
(263)
(260)
(259)
(267)
(273)
(280)
(277)
(273)
(274)
(283)
(301)
(315)
(331)
(343)
(344)
(340)
(334)
(338)
(345)
(346)
(352)
(354)
(365)
(282)
(310)
(344)
(481)
(508)
(535)
(554)
(574)
(601)
(614)
(625)
(621)
(598)
(589)
(583)
(593)
(609)
(611)
(614)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(11)
0
0
0
44
0
0
0
(4)
0
0
0
50
0
(2)
0
(11)
(10)
(8)
0
3
3
0
0
(104)
(104)
(104)
0
0
0
0
0
3
0
0
0
0
0
0
0
0
0
0
Operating Income
990
N/A
1 019
+3%
1 114
+9%
1 116
+0%
1 049
-6%
818
-22%
844
+3%
840
0%
874
+4%
882
+1%
746
-15%
601
-19%
495
-18%
374
-24%
357
-5%
277
-22%
188
-32%
157
-16%
191
+21%
255
+33%
275
+8%
361
+32%
300
-17%
260
-13%
171
-35%
60
-65%
64
+6%
94
+46%
87
-7%
137
+57%
152
+12%
155
+2%
165
+7%
103
-38%
27
-73%
57
+106%
3
-95%
73
+2 596%
135
+86%
138
+2%
170
+23%
194
+14%
268
+39%
237
-12%
323
+36%
357
+10%
349
-2%
539
+55%
599
+11%
574
-4%
514
-10%
496
-4%
346
-30%
175
-49%
57
-68%
(204)
N/A
(366)
-79%
(362)
+1%
(331)
+9%
(259)
+22%
(68)
+74%
116
N/A
278
+140%
455
+63%
583
+28%
575
-1%
Pre-Tax Income
Interest Income Expense
39
0
(21)
(43)
(7)
(32)
(115)
(93)
(117)
(1)
86
50
81
(7)
(16)
4
(10)
4
4
6
156
204
234
199
48
71
68
34
57
(17)
100
62
52
48
(19)
(45)
3
62
93
167
124
81
5
1
(23)
(69)
(93)
(81)
(90)
(49)
7
38
141
249
145
49
11
(71)
(28)
54
41
(51)
68
203
82
250
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(12)
(12)
(11)
0
(1)
(5)
44
0
45
50
(4)
0
(1)
46
50
0
47
(0)
(11)
0
0
2
3
0
0
0
0
0
0
0
0
0
(11)
(3)
3
0
14
6
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(3)
2
1
(0)
0
(14)
(16)
(16)
(19)
(10)
(8)
(10)
(11)
(4)
(6)
(8)
(8)
(12)
(13)
(8)
(6)
(12)
(11)
(10)
(10)
(3)
(1)
5
6
5
8
1
(1)
(1)
(8)
(11)
(13)
(16)
(13)
(9)
(8)
(9)
(8)
(8)
(5)
(1)
(3)
(5)
(6)
Total Other Income
28
29
33
34
34
42
41
50
47
42
70
59
68
83
35
34
35
17
54
77
77
75
56
78
75
75
35
53
53
62
26
27
22
31
40
35
46
41
47
73
74
79
82
66
72
67
63
60
54
63
69
85
105
128
127
118
100
95
98
91
45
66
42
5
41
(4)
Pre-Tax Income
1 056
N/A
1 048
-1%
1 126
+7%
1 107
-2%
1 077
-3%
829
-23%
770
-7%
797
+4%
804
+1%
922
+15%
902
-2%
710
-21%
644
-9%
449
-30%
375
-16%
315
-16%
210
-33%
176
-16%
251
+43%
339
+35%
495
+46%
629
+27%
565
-10%
522
-8%
277
-47%
181
-35%
201
+11%
173
-14%
231
+34%
221
-4%
271
+23%
239
-12%
231
-4%
220
-5%
86
-61%
34
-61%
91
+167%
169
+86%
252
+50%
367
+45%
358
-2%
346
-3%
356
+3%
303
-15%
377
+24%
361
-4%
323
-10%
526
+63%
564
+7%
587
+4%
589
+0%
610
+4%
571
-6%
535
-6%
315
-41%
(50)
N/A
(251)
-407%
(341)
-36%
(270)
+21%
(122)
+55%
9
N/A
125
+1 222%
387
+209%
659
+70%
699
+6%
814
+17%
Net Income
Tax Provision
(111)
(103)
(220)
(211)
(275)
(202)
(171)
(187)
(224)
(237)
(219)
(155)
(164)
(130)
(134)
(126)
(73)
(60)
(59)
(76)
(94)
(138)
(116)
(109)
(63)
(26)
(51)
(46)
(69)
(74)
(66)
(56)
(41)
(38)
(23)
(23)
(26)
(30)
(30)
(40)
(58)
(37)
(53)
(61)
(59)
(81)
(63)
(88)
(76)
(84)
(81)
(89)
(111)
(97)
(92)
(54)
(16)
(2)
2
20
1
(17)
(43)
(115)
(121)
(142)
Income from Continuing Operations
945
945
905
896
802
626
598
610
580
685
683
555
480
319
241
189
137
116
192
264
401
492
448
413
214
155
150
127
162
147
205
183
190
182
63
11
65
139
222
327
300
309
303
242
318
280
260
438
489
504
508
521
460
438
223
(103)
(268)
(342)
(268)
(102)
11
108
344
544
578
672
Income to Minority Interest
1
3
2
2
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(2)
(4)
(6)
(13)
(10)
(8)
(2)
13
16
22
19
12
7
6
5
9
13
13
15
16
13
9
7
3
2
2
2
2
3
3
2
2
1
0
(0)
(0)
(0)
(0)
(0)
Net Income (Common)
946
N/A
948
+0%
907
-4%
899
-1%
802
-11%
626
-22%
598
-4%
610
+2%
580
-5%
685
+18%
683
0%
555
-19%
480
-14%
319
-34%
241
-24%
189
-22%
137
-28%
116
-15%
192
+66%
264
+37%
401
+52%
492
+23%
448
-9%
413
-8%
214
-48%
155
-27%
149
-4%
126
-16%
158
+26%
141
-11%
192
+36%
173
-10%
182
+5%
180
-1%
75
-58%
27
-64%
86
+224%
157
+82%
235
+50%
335
+43%
306
-8%
314
+3%
311
-1%
254
-18%
331
+30%
295
-11%
276
-6%
450
+63%
498
+10%
511
+3%
511
+0%
522
+2%
462
-12%
440
-5%
225
-49%
(101)
N/A
(265)
-163%
(340)
-29%
(267)
+22%
(101)
+62%
11
N/A
108
+872%
344
+220%
543
+58%
577
+6%
672
+16%
EPS (Diluted)
7.53
N/A
7.48
-1%
7.37
-1%
7.19
-2%
6.35
-12%
4.81
-24%
4.61
-4%
4.47
-3%
4.27
-4%
4.93
+15%
4.99
+1%
4.08
-18%
3.53
-13%
2.47
-30%
1.82
-26%
1.53
-16%
1.09
-29%
0.93
-15%
1.54
+66%
2.13
+38%
3.24
+52%
3.96
+22%
3.61
-9%
3.29
-9%
1.75
-47%
1.24
-29%
1.2
-3%
1.02
-15%
1.29
+26%
1.16
-10%
1.53
+32%
1.41
-8%
1.48
+5%
1.46
-1%
0.6
-59%
0.21
-65%
0.69
+229%
1.27
+84%
1.87
+47%
2.72
+45%
2.49
-8%
2.55
+2%
2.48
-3%
2.06
-17%
2.69
+31%
2.35
-13%
2.2
-6%
3.58
+63%
3.98
+11%
4.08
+3%
3.78
-7%
3.47
-8%
3.14
-10%
2.99
-5%
1.52
-49%
-0.74
N/A
-1.96
-165%
-2.53
-29%
-1.98
+22%
-0.75
+62%
0.07
N/A
0.64
+814%
2.21
+245%
3.23
+46%
3.46
+7%
3.99
+15%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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