Federal Corporation

TWSE:2102 Stock Report

Market Cap: NT$8.7b

Federal Past Earnings Performance

Past criteria checks 3/6

Federal has been growing earnings at an average annual rate of 33.6%, while the Auto Components industry saw earnings growing at 7.5% annually. Revenues have been declining at an average rate of 57.3% per year. Federal's return on equity is 30.7%, and it has net margins of 1287%.

Key information

33.62%

Earnings growth rate

33.62%

EPS growth rate

Auto Components Industry Growth12.76%
Revenue growth rate-57.34%
Return on equity30.74%
Net Margin1,286.97%
Last Earnings Update31 Mar 2026

Recent past performance 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...

Revenue & Expenses Breakdown

How Federal makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:2102 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 262312,97427110
31 Dec 252662,8852758
30 Sep 25271-1,20020611
30 Jun 25288-1,39720715
31 Mar 25286-46121621
31 Dec 24267-46522024
30 Sep 24241-1,01021526
30 Jun 24207-1,11726241
31 Mar 24259-1,32538043
31 Dec 23478-1,72973150
30 Sep 23784-1,91883061
30 Jun 231,264-1,81188761
31 Mar 231,539-1,68087673
31 Dec 221,616-1,35661979
30 Sep 221,598-92761398
30 Jun 221,418-1,251650117
31 Mar 221,366-2,252926121
31 Dec 211,561-2,350986127
30 Sep 212,607-1,8621,063120
30 Jun 214,159-1,3061,188110
31 Mar 214,915-161940119
31 Dec 205,705111931124
30 Sep 205,414-254963126
30 Jun 204,724-458878124
31 Mar 204,719-561901118
31 Dec 194,541-661962110
30 Sep 194,535-867964109
30 Jun 194,608-1,1031,089112
31 Mar 194,780-1,1541,162110
31 Dec 185,008-1,2391,148122
30 Sep 185,162-7151,139119
30 Jun 185,459-4811,051108
31 Mar 185,776-3011,028102
31 Dec 175,585-6981,05088
30 Sep 175,612-6741,05094
30 Jun 175,082-6791,00190
31 Mar 174,912-69697394
31 Dec 165,331-995695
30 Sep 165,8121271,01862
30 Jun 166,5974461,09946
31 Mar 167,1775651,15423
31 Dec 157,5365501,2150
30 Sep 157,6075191,1800

Quality Earnings: 2102 has a high level of non-cash earnings.

Growing Profit Margin: 2102 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2102 has become profitable over the past 5 years, growing earnings by 33.6% per year.

Accelerating Growth: 2102 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2102 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (-28.6%).

Return on Equity

High ROE: 2102's Return on Equity (30.7%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 00:12
End of Day Share Price 2026/07/20 00:00
Earnings2026/03/31
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.