Federal Corporation

TWSE:2102 Stock Report

Market Cap: NT$8.7b

Federal Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Cheng-Yen Chung

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure2.8yrs
CEO ownershipn/a
Management average tenure3.9yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

Analysis Article • Aug 13

We Think Federal (TWSE:2102) Has A Fair Chunk Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Feb 26

Is Federal (TPE:2102) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 22

Can You Imagine How Federal's (TPE:2102) Shareholders Feel About The 29% Share Price Increase?

It hasn't been the best quarter for Federal Corporation ( TPE:2102 ) shareholders, since the share price has fallen 19...
Analysis Article • Dec 18

Here's What's Concerning About Federal (TPE:2102)

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...

CEO Compensation Analysis

How has Cheng-Yen Chung's remuneration changed compared to Federal's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

NT$4b

Mar 31 2026n/an/a

NT$3b

Dec 31 2025n/an/a

NT$3b

Sep 30 2025n/an/a

-NT$1b

Jun 30 2025n/an/a

-NT$1b

Mar 31 2025n/an/a

-NT$461m

Dec 31 2024NT$2mNT$1m

-NT$465m

Sep 30 2024n/an/a

-NT$1b

Jun 30 2024n/an/a

-NT$1b

Mar 31 2024n/an/a

-NT$1b

Dec 31 2023NT$290kNT$156k

-NT$2b

Compensation vs Market: Insufficient data to establish whether Cheng-Yen's total compensation is reasonable compared to companies of similar size in the TW market.

Compensation vs Earnings: Cheng-Yen's compensation has been consistent with company performance over the past year.

CEO

Cheng-Yen Chung

2.8yrs
Tenure
NT$1,832,000
Compensation

Mr. Cheng-Yen Chung is President of Federal Corporation from November 09, 2023.

Leadership Team

NamePositionTenureCompensationOwnership
Cheng-Yen Chung
President2.8yrsNT$1.83mno data
Hsin-I Lu
Head of Finance Department & Corporate Governance Officer6.8yrsNT$1.72m0.0033%
NT$ 283.2k
Li-Hua Wang
Head of Management Department4.8yrsNT$1.28mno data
Chao-Shing Huang
Head of Research & Development2.8yrsNT$1.22mno data
Xin-Yi Lu
Financial Officer3yrsno datano data
Xin Yu Li
Accounting Supervisorno datano datano data
Hung-Cheng Wu
Head of Manufacturing Department8.7yrsno datano data
3.9yrs
Average Tenure

Experienced Management: 2102's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Xiu-Zhen Jiang
Representative Director2.3yrsNT$180.00kno data
Ching-Hsing Chiang
Representative Director6.2yrsNT$280.00kno data
Lin Liang Guo
Chairman of the Board2.8yrsNT$1.28mno data
Wen-Liang Yao
Independent Director4.8yrsNT$640.00kno data
Yi-Jen Chen
Representative Director3.8yrsNT$275.00kno data
Chun-Mei Chen
Independent Directorno dataNT$420.00k0.054%
NT$ 4.7m
Shin-Nan Chang
Independent Director2.3yrsNT$420.00kno data
Ching-Yun Chiu
Independent Director2.3yrsNT$420.00kno data
Chi-Lung Wang
Independent Director2.3yrsNT$420.00kno data
2.5yrs
Average Tenure

Experienced Board: 2102's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/20 05:54
End of Day Share Price 2026/08/20 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Federal Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.