Hiwin Mikrosystem Corporation

TWSE:4576 Stock Report

Market Cap: NT$27.3b

Hiwin Mikrosystem Past Earnings Performance

Past criteria checks 4/6

Hiwin Mikrosystem's earnings have been declining at an average annual rate of -20.4%, while the Electronic industry saw earnings growing at 2.7% annually. Revenues have been declining at an average rate of 5.2% per year. Hiwin Mikrosystem's return on equity is 5.9%, and it has net margins of 8.9%.

Key information

-20.37%

Earnings growth rate

-20.37%

EPS growth rate

Electronic Industry Growth14.81%
Revenue growth rate-5.23%
Return on equity5.86%
Net Margin8.89%
Last Earnings Update31 Dec 2025

Recent past performance updates

Recent updates

Analysis Article Mar 25

Hiwin Mikrosystem (TWSE:4576) Might Have The Makings Of A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 25

Revenues Not Telling The Story For Hiwin Mikrosystem Corporation (TWSE:4576) After Shares Rise 32%

Hiwin Mikrosystem Corporation ( TWSE:4576 ) shares have continued their recent momentum with a 32% gain in the last...
Analysis Article Dec 11

Hiwin Mikrosystem (TWSE:4576) Could Be Struggling To Allocate Capital

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article Nov 12

Is Hiwin Mikrosystem (TWSE:4576) Using Too Much 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 Oct 17

Optimistic Investors Push Hiwin Mikrosystem Corporation (TWSE:4576) Shares Up 32% But Growth Is Lacking

Hiwin Mikrosystem Corporation ( TWSE:4576 ) shares have continued their recent momentum with a 32% gain in the last...
Analysis Article Aug 19

Optimistic Investors Push Hiwin Mikrosystem Corporation (TWSE:4576) Shares Up 25% But Growth Is Lacking

Despite an already strong run, Hiwin Mikrosystem Corporation ( TWSE:4576 ) shares have been powering on, with a gain of...
Analysis Article Aug 09

We Think Hiwin Mikrosystem (TWSE:4576) Has A Fair Chunk Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 15

There Are Reasons To Feel Uneasy About Hiwin Mikrosystem's (TWSE:4576) Returns On 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 27

There's Reason For Concern Over Hiwin Mikrosystem Corporation's (TWSE:4576) Massive 28% Price Jump

Hiwin Mikrosystem Corporation ( TWSE:4576 ) shareholders have had their patience rewarded with a 28% share price jump...
Analysis Article Mar 21

These 4 Measures Indicate That Hiwin Mikrosystem (TPE:4576) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 22

Hiwin Mikrosystem Corp.'s (TPE:4576) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Most readers would already be aware that Hiwin Mikrosystem's (TPE:4576) stock increased significantly by 127% over the...
Analysis Article Jan 25

Does Hiwin Mikrosystem (TPE:4576) Have The Makings Of A Multi-Bagger?

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Dec 28

Does Hiwin Mikrosystem's (TPE:4576) Share Price Gain of 11% Match Its Business Performance?

We believe investing is smart because history shows that stock markets go higher in the long term. But not every stock...
Analysis Article Nov 30

Is Hiwin Mikrosystem (TPE:4576) A Risky Investment?

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

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TWSE:4576 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 252,714241394273
30 Sep 252,578184372262
30 Jun 252,487136376262
31 Mar 252,388137370275
31 Dec 242,25461368281
30 Sep 242,18328362284
30 Jun 242,09321351284
31 Mar 242,072-24363289
31 Dec 232,1705362280
30 Sep 232,33751380271
30 Jun 232,625101405289
31 Mar 232,924214412299
31 Dec 223,228327426311
30 Sep 223,368355430315
30 Jun 223,413385410308
31 Mar 223,346358395305
31 Dec 213,184297376314
30 Sep 212,971274336338
30 Jun 212,746216319352
31 Mar 212,590180302359
31 Dec 202,452135295357
30 Sep 202,30482302358
30 Jun 202,16137294345
31 Mar 202,12646299337
31 Dec 192,04135296334
30 Sep 192,14277347330
30 Jun 192,427146369358
31 Mar 192,616185389369
31 Dec 182,809240407378
30 Sep 182,869242366385
30 Jun 182,766222366371
31 Mar 182,524159344360
31 Dec 172,406119330352
31 Dec 161,70716289284
31 Dec 151,75651285302

Quality Earnings: 4576 has high quality earnings.

Growing Profit Margin: 4576's current net profit margins (8.9%) are higher than last year (2.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 4576's earnings have declined by 20.4% per year over the past 5 years.

Accelerating Growth: 4576's earnings growth over the past year (297.9%) exceeds its 5-year average (-20.4% per year).

Earnings vs Industry: 4576 earnings growth over the past year (297.9%) exceeded the Electronic industry -1.6%.


Return on Equity

High ROE: 4576's Return on Equity (5.9%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 03:04
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
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

Hiwin Mikrosystem Corporation is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changrong ChenCapital Securities Corporation
null nullCapital Securities Corporation
Iris LinSinoPac Securities Investment Service