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Thinking Electronic Industrial Co., Ltd.TWSE:2428 Stock Report

Market Cap NT$24.4b
Share Price
NT$190.50
NT$151.57
25.7% overvalued intrinsic discount
1Y46.0%
7D9.5%
Portfolio Value
View

Thinking Electronic Industrial Co., Ltd.

TWSE:2428 Stock Report

Market Cap: NT$24.4b

Thinking Electronic Industrial (2428) Stock Overview

Manufactures, processes, sells, and trades in electronic components, thermistors, varistors, and wires in Taiwan, Mainland China, Europe, and internationally. More details

2428 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends5/6

2428 Community Fair Values

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Thinking Electronic Industrial Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Thinking Electronic Industrial
Historical stock prices
Current Share PriceNT$190.50
52 Week HighNT$213.00
52 Week LowNT$126.50
Beta1.02
1 Month Change17.59%
3 Month Change14.07%
1 Year Change45.98%
3 Year Change25.33%
5 Year Change23.70%
Change since IPO819.14%

Recent News & Updates

Recent updates

Analysis Article Aug 25

Thinking Electronic Industrial (TWSE:2428) Is Paying Out Less In Dividends Than Last Year

Thinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) has announced that on 20th of September, it will be paying a...
Analysis Article Aug 11

Thinking Electronic Industrial (TWSE:2428) Has Announced That Its Dividend Will Be Reduced To NT$5.20

Thinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) is reducing its dividend from last year's comparable payment to...
Analysis Article Aug 09

There Is A Reason Thinking Electronic Industrial Co., Ltd.'s (TWSE:2428) Price Is Undemanding

Thinking Electronic Industrial Co., Ltd.'s ( TWSE:2428 ) price-to-earnings (or "P/E") ratio of 14.6x might make it look...
Analysis Article Jul 23

There Are Reasons To Feel Uneasy About Thinking Electronic Industrial's (TWSE:2428) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article May 08

Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Apr 16

Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Mar 21

Is Now An Opportune Moment To Examine Thinking Electronic Industrial Co., Ltd. (TPE:2428)?

Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ), is not the largest company out there, but it saw a significant...
Analysis Article Mar 07

Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Thinking Electronic Industrial's (TPE:2428) stock is up by a considerable 34% over the past three months. Since the...
Analysis Article Feb 19

Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) A Smart Pick For Income Investors?

Is Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ) a good dividend stock? How can we tell? Dividend paying...
Analysis Article Feb 04

Thinking Electronic Industrial (TPE:2428) Has Rewarded Shareholders With An Exceptional 346% Total Return On Their Investment

When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
Analysis Article Jan 20

Thinking Electronic Industrial (TPE:2428) Could Easily Take On More Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jan 05

Thinking Electronic Industrial (TPE:2428) Is Very Good At Capital Allocation

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Analysis Article Dec 21

What You Need To Know About Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Investor Composition

Every investor in Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ) should be aware of the most powerful...
Analysis Article Dec 06

Is Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Latest Stock Performance A Reflection Of Its Financial Health?

Thinking Electronic Industrial (TPE:2428) has had a great run on the share market with its stock up by a significant...
Analysis Article Nov 20

Thinking Electronic Industrial Co., Ltd. (TPE:2428) Vies For A Place In Your Dividend Portfolio: Here's Why

Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) a good dividend stock? How can we tell? Dividend paying...

Shareholder Returns

2428TW ElectronicTW Market
7D9.5%4.6%6.7%
1Y46.0%187.5%98.2%

Return vs Industry: 2428 underperformed the TW Electronic industry which returned 187.5% over the past year.

Return vs Market: 2428 underperformed the TW Market which returned 98.2% over the past year.

Price Volatility

Is 2428's price volatile compared to industry and market?
2428 volatility
2428 Average Weekly Movement6.7%
Electronic Industry Average Movement8.1%
Market Average Movement6.0%
10% most volatile stocks in TW Market12.2%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 2428 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2428's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1979n/aYi-Sheng Howww.thinking.com.tw

Thinking Electronic Industrial Co., Ltd. manufactures, processes, sells, and trades in electronic components, thermistors, varistors, and wires in Taiwan, Mainland China, Europe, and internationally. It operates through The Company, Thinking Changzhou, Thinking Yichang, Jiang Xi Thinking, Dong Guan Welkin and Zhongshan Welkin, and Others segments. The company offers negative temperature coefficient thermistors, zinc oxide varistors (MOV), ceramic positive temperature (PTC) thermistors, polymer positive temperature coefficient thermistors (polymer PTC resettable fuses), temperature and pressure sensors, gas discharge tubes, ESD suppressors and protection diodes, TVS diodes, spark gap protectors, thyristor and IGBT modules, and high voltage rectifiers.

Thinking Electronic Industrial Co., Ltd. Fundamentals Summary

How do Thinking Electronic Industrial's earnings and revenue compare to its market cap?
2428 fundamental statistics
Market capNT$24.41b
Earnings (TTM)NT$1.41b
Revenue (TTM)NT$8.19b
17.3x
P/E Ratio
3.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2428 income statement (TTM)
RevenueNT$8.19b
Cost of RevenueNT$5.01b
Gross ProfitNT$3.18b
Other ExpensesNT$1.77b
EarningsNT$1.41b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)11.00
Gross Margin38.83%
Net Profit Margin17.20%
Debt/Equity Ratio11.3%

How did 2428 perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
49%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/09 14:01
End of Day Share Price 2026/05/08 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

Thinking Electronic Industrial Co., Ltd. is covered by 4 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.

AnalystInstitution
Licheng ZhuangCapital Securities Corporation
Alice SuMasterlink Securities Investment Advisory
Jazz LinSinoPac Securities Investment Service