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RAC Electric Vehicles TPEX:2237 Stock Report

Last Price

NT$23.30

Market Cap

NT$2.8b

7D

-1.3%

1Y

-10.2%

Updated

16 May, 2025

Data

Company Financials

RAC Electric Vehicles Inc.

TPEX:2237 Stock Report

Market Cap: NT$2.8b

2237 Stock Overview

Develops, manufactures, and sells electric commercial vehicles in Taiwan. More details

2237 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

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RAC Electric Vehicles Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for RAC Electric Vehicles
Historical stock prices
Current Share PriceNT$23.30
52 Week HighNT$31.65
52 Week LowNT$19.75
Beta0.40
1 Month Change-6.43%
3 Month Change-6.80%
1 Year Change-10.21%
3 Year Change-37.87%
5 Year Change35.86%
Change since IPO-52.79%

Recent News & Updates

Recent updates

Here's Why RAC Electric Vehicles (GTSM:2237) Can Afford Some Debt

Dec 27
Here's Why RAC Electric Vehicles (GTSM:2237) Can Afford Some Debt

Shareholder Returns

2237TW MachineryTW Market
7D-1.3%6.1%5.6%
1Y-10.2%-4.9%1.0%

Return vs Industry: 2237 underperformed the TW Machinery industry which returned -4.9% over the past year.

Return vs Market: 2237 underperformed the TW Market which returned 1% over the past year.

Price Volatility

Is 2237's price volatile compared to industry and market?
2237 volatility
2237 Average Weekly Movement7.6%
Machinery Industry Average Movement8.2%
Market Average Movement7.4%
10% most volatile stocks in TW Market10.3%
10% least volatile stocks in TW Market4.9%

Stable Share Price: 2237 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2237's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005n/aYu Qing Caiwww.racev.com

RAC Electric Vehicles Inc. develops, manufactures, and sells electric commercial vehicles in Taiwan. The company provides electric buses. RAC Electric Vehicles Inc. was founded in 2005 and is based in Taoyuan, Taiwan.

RAC Electric Vehicles Inc. Fundamentals Summary

How do RAC Electric Vehicles's earnings and revenue compare to its market cap?
2237 fundamental statistics
Market capNT$2.82b
Earnings (TTM)-NT$200.23m
Revenue (TTM)NT$1.29b

2.2x

P/S Ratio

-14.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2237 income statement (TTM)
RevenueNT$1.29b
Cost of RevenueNT$1.22b
Gross ProfitNT$71.44m
Other ExpensesNT$271.67m
Earnings-NT$200.23m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.66
Gross Margin5.55%
Net Profit Margin-15.56%
Debt/Equity Ratio38.8%

How did 2237 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/16 23:19
End of Day Share Price 2025/05/16 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

RAC Electric Vehicles Inc. 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.