AUO Corporation

TWSE:2409 Stock Report

Market Cap: NT$226.4b

AUO Past Earnings Performance

Past criteria checks 0/6

AUO's earnings have been declining at an average annual rate of -39.1%, while the Electronic industry saw earnings declining at 0.1% annually. Revenues have been declining at an average rate of 4.4% per year. AUO's return on equity is 1.7%, and it has net margins of 0.6%.

Key information

-39.13%

Earnings growth rate

-41.29%

EPS growth rate

Electronic Industry Growth14.81%
Revenue growth rate-4.39%
Return on equity1.74%
Net Margin0.64%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Narrative Update • Sep 07

2409: Micro LED Packaging Push Will Likely Keep Shares Overstretched

Analysts now set their fair value estimate for AUO at about NT$15.80, compared with the prior NT$15.00, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News for AUO AUO showcased its latest optical communications and advanced semiconductor packaging technologies at SEMICON Taiwan 2026, held from September 2 to 4, 2026.
Narrative Update • Aug 24

2409: Elevated P/E Versus Thin Margins Will Sustain Downside Pricing Risk

Analysts have raised their price target for AUO to NT$22.81 from NT$22.10, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. What’s in the News for AUO No recent company specific news items for AUO were provided in the available sources as of 24 Aug 2026.
Narrative Update • Aug 10

2409: Compressed Margins And Elevated P/E Will Sustain Rich Pricing Risk

Analysts lifted their fair value estimate for AUO from NT$18.20 to NT$22.10, citing updated assumptions on the company’s discount rate, revenue growth, profit margin and forward P/E profile. What’s in the News for AUO No recent news stories for AUO were identified in the provided sources as of 10 Aug 2026.
Narrative Update • Jul 27

2409: Micro Led And AR Progress Will Meet A Measured Outlook

The analyst price target for AUO has been revised from NT$23.50 to NT$27.00. Analysts cite updated assumptions around discount rate, revenue growth, profit margin, and future P/E to support the change.
Narrative Update • Jul 13

2409: Micro LED Interaction Bet Will Likely Keep Shares Overstretched

Analysts have raised their AUO fair value estimate from NT$13.00 to NT$15.00, citing updated assumptions for the discount rate, revenue growth, profit margin, and a higher future P/E multiple as the key drivers of the new price target. What’s in the News for AUO AUO highlighted transparent Micro LED as the core of a new interaction approach, bringing together group-wide R&D, optics, sensing, and AI to support smart mobility and energy-efficient, low-carbon use cases.
Narrative Update • Jun 29

2409: Micro Led Ambitions Will Face A More Cautious Outlook

Analysts have lifted their fair value estimate for AUO from NT$18.20 to NT$23.50. They point to lower assumed discount rates, slightly softer revenue growth expectations, improved profit margin forecasts and a reduced future P/E multiple in their updated valuation work.
Narrative Update • Jun 15

2409: Transparent Micro Led And Ai Plans Will Sustain Rich Pricing Risk

Analysts kept their fair value estimate for AUO steady at NT$18.20, making only small revisions to the discount rate, revenue growth, profit margin, and forward P/E assumptions, which together resulted in a modest downward adjustment to the overall price target. What's in the News AUO is centering its technology roadmap on transparent Micro LED, combining optics, sensing, and AI to support virtual and physical interaction across smart mobility and energy focused applications, with multiple technical papers presented at SID 2026.
Narrative Update • Jun 01

2409: Micro Led And Ai Displays Will Face Rich Pricing Risk

Analysts have raised their AUO price target from NT$15.0 to NT$18.2, citing updated assumptions for revenue growth, profit margins, the discount rate and a lower future P/E multiple as the main drivers of the change. What's in the News AUO outlined a technology roadmap centered on transparent Micro LED at SID 2026, focusing on virtual and physical interaction across smart mobility and low carbon display applications.
Narrative Update • May 12

2409: Long Term Micro LED Push Will Likely Keep Shares Overstretched

AUO's analyst price target holds steady at NT$13.00, with analysts pointing to updated assumptions around the discount rate, revenue growth, profit margin and future P/E to support maintaining this level. What's in the News AUO puts transparent Micro LED at the center of its long term display roadmap, combining optics, sensing and AI to support virtual physical interaction across smart mobility and low carbon applications.
Narrative Update • Apr 22

2409: Future Display Bets Will Likely Keep Shares Overstretched

Analysts have kept the AUO price target steady at NT$13.0. Updated assumptions include a lower discount rate, slightly different revenue growth and profit margin expectations, and a higher future P/E input guiding their valuation framework. What's in the News AUO Group plans a major presence at Touch Taiwan 2026 under the theme "Reveal the World, Reveal the Future." The company will highlight display technologies across retail, healthcare, transportation, and smart living (Key Developments).
Narrative Update • Apr 08

2409: Micro LED And AI Display Expansion Will Shape Balanced Prospects

Analysts have kept the AUO price target at NT$15.0, and slight adjustments to the discount rate, revenue growth assumptions, profit margin and future P/E suggest a modestly refined rather than fundamentally changed outlook. What's in the News AUO Group is preparing a major presence at Touch Taiwan 2026 under the theme "Reveal the World, Reveal the Future," with AUO Display Plus (ADP) leading vertical application showcases across retail, healthcare, and other sectors, while subsidiary Yenrich Technology debuts miniaturized LED solutions for fine-pitch, high-end displays (Key Developments).
Narrative Update • Mar 24

2409: Mobility And Display Technologies Will Shape Fairly Balanced Prospects

Analysts have lifted their price target on AUO from NT$14.56 to NT$15.00, citing adjusted assumptions around discount rate, revenue growth, profit margin and future P/E to reflect their latest outlook on the business. What's in the News AUO created a new subsidiary, AUO Mobility Solutions, which plans to present its smart mobility portfolio at CES 2026 in Las Vegas under the theme "Together, We Drive the New Era." The focus will be on Visual, Computing, and Connectivity for next generation vehicle platforms (Key Developments).
Narrative Update • Mar 09

2409: Smart Mobility And AR Bets Will Likely Keep Shares Overstretched

Analysts have maintained their AUO fair value estimate at NT$13.0, with only small tweaks to inputs such as the discount rate, revenue growth outlook, profit margin and future P/E assumptions driving the latest price target update. What's in the News AUO formed a new subsidiary, AUO Mobility Solutions, which plans to showcase its Visual, Computing, and Connectivity platform for smart mobility at CES 2026 in Las Vegas, including concepts for a human centric smart cockpit and software defined vehicles (Key Developments).
Narrative Update • Feb 23

2409: Smart Mobility Push Will Likely Leave Shares Priced For Perfection

Analysts have nudged their NT$ price target on AUO higher, with fair value shifting from about NT$12.50 to NT$13.00 as they update assumptions around discount rates, expected revenue growth, profit margins and future P/E levels. What's in the News AUO created a new subsidiary, AUO Mobility Solutions, which will showcase smart mobility technologies at CES 2026 in Las Vegas under the theme "Together, We Drive the New Era," with a focus on Visual, Computing, and Connectivity (Key Developments).
Narrative Update • Feb 09

2409: Mobility Solutions And Micro LED Expansion Will Shape Balanced Prospects

Analysts have nudged their fair value estimate for AUO slightly higher to $14.56 from $14.51, citing updated assumptions for the discount rate, revenue growth, profit margin, and future P/E that they view as better aligned with current company fundamentals. What's in the News AUO established AUO Mobility Solutions as a new subsidiary focused on smart mobility.
Narrative Update • Jan 24

2409: Future Mobility Displays Will Drive A More Optimistic Outlook

Analysts have lifted their price target on AUO to US$18.20 from US$17.38, pointing to updated assumptions around slightly lower discount rates, adjusted revenue growth and profit margin expectations, and a higher future P/E multiple. What's in the News AUO has set up a new subsidiary, AUO Mobility Solutions, which will appear at CES 2026 in Las Vegas.
Narrative Update • Jan 10

2409: Mobility And Energy Storage Expansion Will Shape Balanced Future Prospects

Analysts have raised their price target range for AUO, citing an updated fair value estimate of about $14.51 compared with the previous $13.26. This change reflects revised assumptions for the discount rate, revenue growth, profit margin and future P/E.
Narrative Update • Dec 24

2409: Energy Storage Expansion Will Drive Future Upside

Analysts have modestly adjusted their price target on AUO to reflect a slightly more favorable profit margin outlook and marginally softer long term revenue growth expectations while maintaining a broadly similar valuation framework. What's in the News AUO and subsidiary AUO Display Plus are showcasing advanced 3D surgical imaging, AI-assisted diagnostics, and Traditional Chinese Medicine digital detection solutions at the 2025 Healthcare+ Expo Taiwan, highlighting expansion in smart healthcare ecosystems (Key Developments).
Narrative Update • Dec 10

2409: Mobility And Energy Storage Expansion Will Drive Future Upside

Analysts have raised their price target on AUO to $13.26 from $13.26, citing slightly stronger expected revenue growth that more than offsets a marginally softer projected profit margin and a modestly lower future price to earnings multiple. What's in the News AUO and subsidiary AUO Display Plus will showcase advanced 3D medical displays and AI-assisted imaging solutions at the 2025 Healthcare+ Expo Taiwan, targeting applications such as 3D surgical imaging, AI interpretation, and TCM digital diagnostics (Key Developments).
Narrative Update • Nov 26

2409: Mobility Solutions and Energy Storage Developments Will Drive Future Progress

Analysts have increased their price target for AUO while maintaining the fair value estimate at $13.26, citing stronger expected revenue growth and a marginally improved profit margin outlook. What's in the News AUO will debut its new subsidiary, AUO Mobility Solutions Corporation, at CES 2026 in Las Vegas.
Narrative Update • Nov 11

2409: Energy Storage Synergy Will Drive Advancements in Green Solutions

Analysts have slightly lowered their price target for AUO to $13.26 from $13.38, citing modest reductions in projected revenue growth and profit margin estimates. What's in the News AUO partnered with StarShining Energy, AET SustainTek, and 21 industry partners to present an "Energy Storage as Priority x Solar-Storage Synergy" portfolio at Energy Taiwan 2025.
Narrative Update • Oct 28

Next Generation Display Technologies Will Transform Wearables And Specialized Device Markets

Analysts have moderately lowered their price target for AUO from $13.73 to $13.38, citing slight adjustments in long-term profit margin expectations and future valuation assumptions. What's in the News AUO completed the repurchase of 1,824,139 shares, amounting to 0.02% of total shares, for TWD 26.42 million between February 13, 2025 and April 13, 2025 (Key Developments).
Narrative Update • Sep 07

Specialized Displays In Automotive And Medical Will Redefine Future Markets

The upward revision in AUO’s price target reflects improved consensus revenue growth forecasts and a notable expansion in future P/E expectations, resulting in a new fair value estimate of NT$13.73. What's in the News AUO partnered with Garmin to launch the world's first Micro LED display smartwatch, the Garmin fenix 8 Pro MicroLED, marking a significant advance in wearable display technology.
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New Narrative • Dec 21

Gen 45 Micro LED Transition And AI PC Demand Set To Propel Revenue And Profitability

Asset revitalization and strategic investments are expected to boost earnings and liquidity while positioning AUO for enhanced market presence.

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TWSE:2409 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 26279,9721,80118,33117,432
31 Mar 26278,3172,40617,96616,626
31 Dec 25281,3886,84317,43415,976
30 Sep 25279,9385,58116,90215,859
30 Jun 25287,7795,93516,84516,184
31 Mar 25292,8703,75616,94716,471
31 Dec 24280,245-3,06416,65416,028
30 Sep 24274,899-6,19316,16114,955
30 Jun 24267,261-6,24314,98714,037
31 Mar 24256,253-10,81913,83613,357
31 Dec 23247,964-18,20313,34113,231
30 Sep 23237,267-26,90116,21313,135
30 Jun 23216,889-36,35112,52912,940
31 Mar 23216,453-37,17612,56712,856
31 Dec 22246,793-21,10112,67012,868
30 Sep 22287,179-2389,73113,085
30 Jun 22336,50129,49813,80813,202
31 Mar 22369,27254,66114,45513,388
31 Dec 21370,68561,33114,62213,070
30 Sep 21358,18659,11013,54512,257
30 Jun 21332,36142,69412,44811,472
31 Mar 21300,20620,20211,15510,680
31 Dec 20270,9553,37610,39610,286
30 Sep 20252,389-13,88710,30010,028
30 Jun 20249,212-20,76810,5129,876
31 Mar 20255,777-20,48910,8809,792
31 Dec 19268,792-19,18511,1149,810
30 Sep 19283,917-7,16511,4969,940
30 Jun 19294,9061,14011,81610,028
31 Mar 19299,8955,07411,8609,755
31 Dec 18307,63413,07211,9139,547
30 Sep 18311,20524,32511,9299,478
30 Jun 18317,55828,86211,9469,458
31 Mar 18326,91637,44011,9979,679
31 Dec 17341,02842,61012,0489,855
30 Sep 17352,21039,28212,2549,844
30 Jun 17350,83235,32412,4709,607
31 Mar 17346,51124,92212,7299,352
31 Dec 16329,0899,96513,0729,081
30 Sep 16320,686-7,02313,4858,658
30 Jun 16323,967-8,45813,6708,679
31 Mar 16336,180-3,39113,5718,836
31 Dec 15360,3467,24213,4128,904
30 Sep 15382,35317,85614,0949,360

Quality Earnings: 2409 has a large one-off gain of NT$9.0B impacting its last 12 months of financial results to 30th June, 2026.

Growing Profit Margin: 2409's current net profit margins (0.6%) are lower than last year (2.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2409's earnings have declined by 39.1% per year over the past 5 years.

Accelerating Growth: 2409's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2409 had negative earnings growth (-69.7%) over the past year, making it difficult to compare to the Electronic industry average (30.9%).

Return on Equity

High ROE: 2409's Return on Equity (1.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 13:08
End of Day Share Price 2026/09/18 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 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

AUO Corporation is covered by 31 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wanping YehBarclays
Alberto MoelBernstein
Brad LinBofA Global Research