Advantech (TWSE:2395) Full Year 2024 Results
Key Financial Results
- Revenue: NT$59.8b (down 7.4% from FY 2023).
- Net income: NT$9.01b (down 17% from FY 2023).
- Profit margin: 15% (down from 17% in FY 2023). The decrease in margin was driven by lower revenue.
- EPS: NT$10.45 (down from NT$12.65 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Advantech EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.7%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Tech industry in Taiwan.
Performance of the Taiwanese Tech industry.
The company's shares are down 4.9% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Advantech has 1 warning sign we think you should be aware of.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
โข Connect an unlimited number of Portfolios and see your total in one currency
โข Be alerted to new Warning Signs or Risks via email or mobile
โข Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TWSE:2395
Advantech
Engages in the research and development, design, manufacturing, and marketing of embedded computing boards, industrial automation products, and applied and industrial computers.
Flawless balance sheet with proven track record and pays a dividend.
Similar Companies
Market Insights
Weekly Picks
Early mover in a fast growing industry. Likely to experience share price volatility as they scale

A case for CA$31.80 (undiluted), aka 8,616% upside from CA$0.37 (an 86 bagger!).

Moderation and Stabilisation: HOLD: Fair Price based on a 4-year Cycle is $12.08
Recently Updated Narratives
Micron Technology will experience a robust 16.5% revenue growth
Amazon will rebound as AI investments start paying off by late 2026

Inside Harvey Norman: Asset-Heavy Retail in an Online World
Popular Narratives

A case for CA$31.80 (undiluted), aka 8,616% upside from CA$0.37 (an 86 bagger!).
Early mover in a fast growing industry. Likely to experience share price volatility as they scale
