Taiwan Cogeneration Corporation

TWSE:8926 Stock Report

Market Cap: NT$40.7b

Taiwan Cogeneration Past Earnings Performance

Past criteria checks 3/6

Taiwan Cogeneration has been growing earnings at an average annual rate of 24.7%, while the Renewable Energy industry saw earnings growing at 25.1% annually. Revenues have been growing at an average rate of 31% per year. Taiwan Cogeneration's return on equity is 12.2%, and it has net margins of 8%.

Key information

24.75%

Earnings growth rate

20.43%

EPS growth rate

Renewable Energy Industry Growth26.71%
Revenue growth rate31.00%
Return on equity12.21%
Net Margin7.99%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Analysis Article • Nov 21

Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

A lackluster earnings announcement from Taiwan Cogeneration Corporation ( TWSE:8926 ) last week didn't sink the stock...
Analysis Article • Aug 13

Is Taiwan Cogeneration (TWSE:8926) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article • Jul 02

Capital Allocation Trends At Taiwan Cogeneration (TWSE:8926) Aren't Ideal

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Mar 21

Taiwan Cogeneration's (TWSE:8926) Earnings May Just Be The Starting Point

The subdued stock price reaction suggests that Taiwan Cogeneration Corporation's ( TWSE:8926 ) strong earnings didn't...
Analysis Article • Feb 28

Taiwan Cogeneration Corporation's (TWSE:8926) Business Is Trailing The Market But Its Shares Aren't

It's not a stretch to say that Taiwan Cogeneration Corporation's ( TWSE:8926 ) price-to-earnings (or "P/E") ratio of...
Analysis Article • Apr 02

Is Taiwan Cogeneration (TPE:8926) A Risky Investment?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Feb 25

Did You Participate In Any Of Taiwan Cogeneration's (TPE:8926) Respectable 99% Return?

When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Better yet, you'd...
Analysis Article • Jan 22

Are Taiwan Cogeneration Corporation's (TPE:8926) Mixed Financials Driving The Negative Sentiment?

With its stock down 4.9% over the past week, it is easy to disregard Taiwan Cogeneration (TPE:8926). We, however...
Analysis Article • Dec 17

Calculating The Intrinsic Value Of Taiwan Cogeneration Corporation (TPE:8926)

Does the December share price for Taiwan Cogeneration Corporation ( TPE:8926 ) reflect what it's really worth? Today...
Analysis Article • Nov 18

Shareholders Of Taiwan Cogeneration (TPE:8926) Must Be Happy With Their 119% Total Return

The simplest way to invest in stocks is to buy exchange traded funds. But you can do a lot better than that by buying...

Revenue & Expenses Breakdown

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

Earnings and Revenue History

TWSE:8926 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2637,8553,0257220
31 Mar 2619,3532,9786240
31 Dec 257,6121,7884080
30 Sep 258,2281,7433000
30 Jun 258,9671,8602990
31 Mar 259,0821,3992700
31 Dec 249,1321,3572640
30 Sep 247,9501,1833030
30 Jun 247,1751,0373210
31 Mar 246,2389094120
31 Dec 235,2841,2704230
30 Sep 235,9451,6614520
30 Jun 235,3261,7464320
31 Mar 234,8381,2963280
31 Dec 224,6699073170
30 Sep 224,2345142920
30 Jun 224,9964702900
31 Mar 225,3028822880
31 Dec 216,4078982820
30 Sep 217,1088522570
30 Jun 217,6759422500
31 Mar 218,6939542400
31 Dec 209,3141,0692320
30 Sep 2010,4661,0862320
30 Jun 2010,3161,0772170
31 Mar 209,2591,2322150
31 Dec 197,1861,0982140
30 Sep 194,2317602060
30 Jun 194,1089252210
31 Mar 193,5838612210
31 Dec 183,8146722110
30 Sep 183,6269262040
30 Jun 182,1979832080
31 Mar 181,7809802160
31 Dec 171,2099722090
30 Sep 171,1101,1542130
30 Jun 171,0649671980
31 Mar 171,0838411810
31 Dec 161,1789491780
30 Sep 161,2758441660
30 Jun 161,5189191630
31 Mar 161,5431,0291650
31 Dec 151,5451,0621720
30 Sep 151,5991,1851670

Quality Earnings: 8926 has high quality earnings.

Growing Profit Margin: 8926's current net profit margins (8%) are lower than last year (20.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 8926's earnings have grown significantly by 24.7% per year over the past 5 years.

Accelerating Growth: 8926's earnings growth over the past year (62.7%) exceeds its 5-year average (24.7% per year).

Earnings vs Industry: 8926 earnings growth over the past year (62.7%) did not outperform the Renewable Energy industry 62.7%.

Return on Equity

High ROE: 8926's Return on Equity (12.2%) 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 Analysis2026/08/20 08:30
End of Day Share Price 2026/08/20 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 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

Taiwan Cogeneration Corporation is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raymond HsuTaiwan Ratings Corp.