Balance Sheet Voltronic Power Technology Corp.

Equities

6409

TW0006409006

Electrical Components & Equipment

End-of-day quote Taiwan S.E. Other stock markets 2026-04-15			5-day change	1st Jan Change
801.00 ^TWD	+9.88%		+8.39%	-17.51%

Mar. 06	Voltronic Power Technology Corp. Reports Earnings Results for the Full Year Ended December 31, 2025	CI
Nov. 06	Voltronic Power Technology Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025	CI

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Published financial data: VOLTRONIC POWER TECHNOLOGY CORP.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	16.96B	22.72B	18.95B	22.81B	20.52B
Total Revenues	16.96B	22.72B	18.95B	22.81B	20.52B
Cost of Goods Sold, Total	12.65B	15.59B	12.98B	15.79B	14.56B
Gross Profit	4.31B	7.14B	5.97B	7.02B	5.96B
Selling General & Admin Expenses, Total	773M	947M	891M	940M	777M
Provision for Bad Debts	12.7M	-3.9M	6.19M	6.25M	10.55M
R&D Expenses	601M	906M	933M	962M	845M
Other Operating Expenses, Total	1.39B	1.85B	1.83B	1.91B	1.63B
Operating Income	2.92B	5.29B	4.14B	5.11B	4.33B
Interest Expense, Total	-41.1M	-74.2M	-63.27M	-65.15M	-48.89M
Interest And Investment Income	71.68M	67.6M	146M	230M	188M
Net Interest Expenses	30.58M	-6.6M	82.78M	164M	139M
Currency Exchange Gains (Loss)	-92.15M	87.89M	101M	-204M	-171M
Other Non Operating Income (Expenses)	27.37M	34.18M	65.41M	12.95M	1.89M
EBT, Excl. Unusual Items	2.89B	5.4B	4.39B	5.09B	4.3B
Gain (Loss) On Sale Of Investments	-	-	-2.18M	2.35M	23.25M
Gain (Loss) On Sale Of Assets	-554K	-199K	-1.97M	-556K	-6.84M
Other Unusual Items	692K	-	-	167K	1.94M
EBT, Incl. Unusual Items	2.89B	5.4B	4.38B	5.09B	4.32B
Income Tax Expense	531M	970M	760M	886M	796M
Earnings From Continuing Operations	2.36B	4.43B	3.62B	4.2B	3.52B
Net Income to Company	2.36B	4.43B	3.62B	4.2B	3.52B
Net Income - (IS)	2.36B	4.43B	3.62B	4.2B	3.52B
Net Income to Common Incl Extra Items	2.36B	4.43B	3.62B	4.2B	3.52B
Net Income to Common Excl. Extra Items	2.36B	4.43B	3.62B	4.2B	3.52B
Per Share Items
Net EPS - Basic	27.13	50.9	41.52	48.13	40.23
Basic EPS - Continuing Operations	27.13	50.9	41.52	48.13	40.23
Basic Weighted Average Shares Outstanding	86.96M	87.1M	87.26M	87.36M	87.51M
Net EPS - Diluted	26.97	50.71	41.31	47.88	40.05
Diluted EPS - Continuing Operations	26.97	50.71	41.31	47.88	40.05
Diluted Weighted Average Shares Outstanding	87.48M	87.42M	87.7M	87.82M	87.91M
Normalized Basic EPS	20.77	38.77	31.42	36.4	30.7
Normalized Diluted EPS	20.65	38.63	31.26	36.21	30.56
Dividend Per Share	23.55	43.51	37.5	-	-
Payout Ratio	87.09	46.34	105.39	78.25	107.13
Supplemental Items
EBITDA	3.11B	5.5B	4.39B	5.35B	4.55B
EBITA	2.92B	5.29B	4.14B	5.11B	4.33B
EBIT	2.92B	5.29B	4.14B	5.11B	4.33B
EBITDAR	3.12B	5.53B	4.4B	5.37B	4.56B
Effective Tax Rate - (Ratio)	18.38	17.96	17.34	17.4	18.44
Total Current Taxes	536M	957M	782M	897M	876M
Total Deferred Taxes	-4.53M	13.18M	-22.64M	-10.88M	-79.55M
Normalized Net Income	1.81B	3.38B	2.74B	3.18B	2.69B
Interest on Long-Term Debt	14.4M	14.7M	14.14M	9.94M	8.04M
Supplemental Operating Expense Items
Selling and Marketing Expenses	387M	434M	372M	385M	305M
General and Administrative Expenses	385M	513M	519M	555M	471M
Research And Development Expense From Footnotes	601M	906M	933M	962M	845M
Net Rental Expense, Total	9.68M	27.39M	12.38M	12.2M	8.62M
Imputed Operating Lease Interest Expense	1.34M	8.35M	5.38M	6.46M	3.98M
Imputed Operating Lease Depreciation	8.35M	19.04M	7M	5.74M	4.64M
Stock-Based Comp., Other (Total)	26.44M	164M	359M	212M	85.1M
Total Stock-Based Compensation	26.44M	164M	359M	212M	85.1M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	5.15B	5.35B	5.04B	6.56B	6.42B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	5.15B	5.35B	5.04B	6.56B	6.42B
Accounts Receivable, Total	2.84B	3.12B	2.95B	3.45B	3.39B
Other Receivables	28.99M	291M	217M	302M	326M
Total Receivables	2.87B	3.41B	3.17B	3.75B	3.71B
Inventory	1.79B	2.02B	1.42B	2.1B	1.81B
Prepaid Expenses	230M	31.01M	22.4M	19.58M	18.98M
Other Current Assets, Total	2.83M	-	-	-	323M
Total Current Assets	10.04B	10.82B	9.66B	12.42B	12.28B
Gross Property Plant And Equipment	3.78B	5.77B	5.76B	5.89B	5.8B
Accumulated Depreciation	-660M	-829M	-970M	-1.2B	-1.35B
Net Property Plant And Equipment	3.12B	4.94B	4.79B	4.69B	4.46B
Long-term Investments	-	-	42.36M	61.42M	101M
Other Intangibles, Total	29.33M	24.65M	18.81M	11.8M	8.87M
Deferred Tax Assets Long-Term	124M	90.82M	183M	94.79M	203M
Other Long-Term Assets, Total	68.68M	172M	66.77M	38.46M	37.8M
Total Assets	13.38B	16.04B	14.76B	17.32B	17.08B
Liabilities
Accounts Payable, Total	3.62B	4.17B	3.69B	4.35B	4.8B
Accrued Expenses, Total	703M	1B	964M	1.08B	1.07B
Short-term Borrowings	2.38B	-	-	-	-
Current Portion of Long-Term Debt	-	97.86M	97.86M	97.86M	97.86M
Current Portion of Leases	78.25M	93.95M	97.19M	80.45M	73.07M
Current Income Taxes Payable	311M	651M	171M	410M	444M
Unearned Revenue Current, Total	331M	433M	348M	483M	267M
Other Current Liabilities	76.65M	177M	119M	127M	134M
Total Current Liabilities	7.5B	6.63B	5.48B	6.63B	6.88B
Long-Term Debt	-	832M	734M	636M	538M
Long-Term Leases	180M	235M	142M	82.42M	87.21M
Deferred Tax Liability Non Current	-	2.52M	35.33M	45.74M	22.14M
Other Non Current Liabilities	1.73M	1.68M	1.97M	1.85M	1.76M
Total Liabilities	7.68B	7.7B	6.4B	7.39B	7.53B
Common Stock, Total	874M	878M	877M	877M	877M
Additional Paid In Capital	942M	1.82B	1.77B	1.58B	1.38B
Retained Earnings	4.21B	6.59B	6.4B	7.49B	7.41B
Comprehensive Income and Other	-321M	-951M	-689M	-16.19M	-115M
Total Common Equity	5.71B	8.34B	8.36B	9.93B	9.55B
Total Equity	5.71B	8.34B	8.36B	9.93B	9.55B
Total Liabilities And Equity	13.38B	16.04B	14.76B	17.32B	17.08B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	87.42M	87.76M	87.73M	87.72M	87.7M
ECS Total Common Shares Outstanding	87.42M	87.76M	87.73M	87.72M	87.7M
Book Value / Share	65.29	95.07	95.27	113.19	108.92
Tangible Book Value	5.68B	8.32B	8.34B	9.92B	9.54B
Tangible Book Value Per Share	64.96	94.79	95.05	113.06	108.82
Total Debt	2.64B	1.26B	1.07B	897M	796M
Net Debt	-2.52B	-4.09B	-3.97B	-5.66B	-5.62B
Debt Equivalent Oper. Leases	77.47M	219M	99.06M	97.62M	68.95M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	935M	886M	645M	674M	680M
Inventories - Work In Process, Total	458M	465M	393M	538M	423M
Inventories - Finished Goods, Total	393M	665M	371M	876M	690M
Inventories - Others	908K	3.4M	3.34M	3.52M	3.45M
Land - (BS)	721M	1.31B	1.31B	1.31B	1.31B
Buildings, Total	1.22B	2.65B	2.57B	2.69B	2.66B
Machinery, Total	1.01B	1.25B	1.43B	1.57B	1.54B
Accumulated Allowance for Doubtful Accounts (Supple)	20.67M	16.93M	23.07M	29.47M	39.97M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	2.36B	4.43B	3.62B	4.2B	3.52B
Depreciation & Amortization - CF	286M	309M	344M	336M	304M
Depreciation & Amortization, Total	286M	309M	344M	336M	304M
Amortization of Deferred Charges, Total - (CF)	12.92M	17.49M	17.82M	13.14M	9.06M
(Gain) Loss From Sale Of Asset	554K	199K	1.97M	556K	6.84M
(Gain) Loss on Sale of Investments - (CF)	-	-	2.18M	-2.35M	-23.25M
Stock-Based Compensation (CF)	26.44M	164M	359M	212M	85.1M
Provision and Write-off of Bad Debts	12.7M	-3.9M	6.19M	6.25M	10.55M
Other Operating Activities, Total	171M	326M	-400M	-145M	151M
Change In Accounts Receivable	-474M	-296M	44.91M	-324M	-19.11M
Change In Inventories	-496M	-240M	587M	-705M	278M
Change In Accounts Payable	293M	558M	-486M	663M	126M
Change in Unearned Revenues	152M	102M	-85.64M	136M	-216M
Change in Other Net Operating Assets	-44.79M	249M	69.08M	9.55M	384M
Cash from Operations	2.3B	5.62B	4.08B	4.4B	4.62B
Capital Expenditure	-520M	-1.97B	-182M	-87.1M	-60.03M
Sale of Property, Plant, and Equipment	4.18M	16.2M	2.66M	2.16M	738K
Sale (Purchase) of Intangible assets	-16.02M	-12.28M	-12.08M	-5.86M	-6.19M
Investment in Marketable and Equity Securities, Total	-	-	-44.54M	-16.7M	-16.7M
Other Investing Activities, Total	-303K	-4.23M	3.76M	3.61M	-312M
Cash from Investing	-532M	-1.97B	-232M	-104M	-395M
Short Term Debt Issued, Total	622M	-	-	-	-
Long-Term Debt Issued, Total	-	979M	-	-	-
Total Debt Issued	622M	979M	-	-	-
Short Term Debt Repaid, Total	-	-2.57B	-	-	-
Long-Term Debt Repaid, Total	-92.22M	-146M	-191M	-198M	-172M
Total Debt Repaid	-92.22M	-2.72B	-191M	-198M	-172M
Common Dividends Paid	-2.05B	-2.05B	-3.82B	-3.29B	-3.77B
Common & Preferred Stock Dividends Paid	-2.05B	-2.05B	-3.82B	-3.29B	-3.77B
Other Financing Activities, Total	898K	-71K	323K	-203K	-65K
Cash from Financing	-1.52B	-3.79B	-4.01B	-3.49B	-3.94B
Foreign Exchange Rate Adjustments	26.35M	345M	-151M	700M	-419M
Net Change in Cash	269M	198M	-308M	1.51B	-141M
Supplemental Items
Cash Interest Paid	41.1M	74.2M	63.27M	65.15M	48.89M
Cash Income Tax Paid (Refund)	373M	617M	1.26B	659M	857M
Levered Free Cash Flow	1.19B	2.58B	2.78B	3.53B	3.28B
Unlevered Free Cash Flow	1.22B	2.63B	2.82B	3.57B	3.31B
Change In Net Working Capital	400M	-822M	295M	96.34M	-269M
Net Debt Issued / Repaid	530M	-1.74B	-191M	-198M	-172M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	14.45	22.46	16.77	19.93	15.73
Return on Total Capital	23.13	36.83	27.18	31.57	25.55
Return On Equity %	42.72	63.1	43.38	45.98	36.14
Return on Common Equity	42.72	63.1	43.38	45.98	36.14
Margin Analysis
Gross Profit Margin %	25.42	31.4	31.49	30.78	29.04
SG&A Margin	4.56	4.17	4.7	4.12	3.78
EBITDA Margin %	18.35	24.2	23.14	23.46	22.16
EBITA Margin %	17.25	23.27	21.83	22.42	21.09
EBIT Margin %	17.25	23.27	21.83	22.42	21.09
Income From Continuing Operations Margin %	13.91	19.51	19.12	18.43	17.16
Net Income Margin %	13.91	19.51	19.12	18.43	17.16
Net Avail. For Common Margin %	13.91	19.51	19.12	18.43	17.16
Normalized Net Income Margin	10.65	14.86	14.47	13.94	13.09
Levered Free Cash Flow Margin	7.03	11.37	14.66	15.46	15.96
Unlevered Free Cash Flow Margin	7.18	11.58	14.87	15.64	16.11
Asset Turnover
Asset Turnover	1.34	1.54	1.23	1.42	1.19
Fixed Assets Turnover	5.62	5.64	3.9	4.81	4.49
Receivables Turnover (Average Receivables)	6.54	7.63	6.25	7.13	6
Inventory Turnover (Average Inventory)	8.21	8.17	7.53	8.97	7.46
Short Term Liquidity
Current Ratio	1.34	1.63	1.76	1.87	1.78
Quick Ratio	1.07	1.32	1.5	1.56	1.47
Operating Cash Flow to Current Liabilities	0.31	0.85	0.74	0.66	0.67
Days Sales Outstanding (Average Receivables)	55.79	47.82	58.41	51.33	60.8
Days Outstanding Inventory (Average Inventory)	44.47	44.68	48.49	40.8	48.9
Average Days Payable Outstanding	96.36	89.84	115.86	89.35	116.96
Cash Conversion Cycle (Average Days)	3.9	2.66	-8.96	2.78	-7.25
Long Term Solvency
Total Debt/Equity	46.21	15.08	12.82	9.03	8.34
Total Debt / Total Capital	31.61	13.1	11.36	8.28	7.69
LT Debt/Equity	3.15	12.78	10.48	7.24	6.55
Long-Term Debt / Total Capital	2.15	11.11	9.29	6.64	6.04
Total Liabilities / Total Assets	57.35	47.99	43.36	42.68	44.08
EBIT / Interest Expense	71.16	71.26	65.4	78.51	88.54
EBITDA / Interest Expense	78.12	75.43	70.84	83.66	94.76
(EBITDA - Capex) / Interest Expense	65.46	48.82	67.97	82.32	93.53
Total Debt / EBITDA	0.82	0.22	0.24	0.16	0.17
Net Debt / EBITDA	-0.78	-0.73	-0.89	-1.04	-1.21
Total Debt / (EBITDA - Capex)	0.98	0.35	0.25	0.17	0.17
Net Debt / (EBITDA - Capex)	-0.94	-1.13	-0.92	-1.06	-1.23
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	24.2	34.02	-16.61	20.38	-10.05
Gross Profit, 1 Yr. Growth %	7.29	65.55	-16.37	17.67	-15.13
EBITDA, 1 Yr. Growth %	8.25	76.74	-20.27	22.07	-15.06
EBITA, 1 Yr. Growth %	7.11	80.81	-21.75	23.62	-15.37
EBIT, 1 Yr. Growth %	7.11	80.81	-21.75	23.62	-15.37
Earnings From Cont. Operations, 1 Yr. Growth %	7.38	87.89	-18.28	16.06	-16.26
Net Income, 1 Yr. Growth %	7.38	87.89	-18.28	16.06	-16.26
Normalized Net Income, 1 Yr. Growth %	9.08	86.94	-18.82	15.99	-15.52
Diluted EPS Before Extra, 1 Yr. Growth %	7.28	88.02	-18.54	15.9	-16.35
Accounts Receivable, 1 Yr. Growth %	20.95	9.83	-5.38	16.99	-1.82
Inventory, 1 Yr. Growth %	38.1	13.04	-29.66	47.15	-13.84
Net Property, Plant and Equip., 1 Yr. Growth %	6.99	58.23	-3.02	-2.01	-4.99
Total Assets, 1 Yr. Growth %	12.27	19.85	-8.26	17.39	-1.37
Tangible Book Value, 1 Yr. Growth %	6.89	46.5	0.25	18.93	-3.76
Common Equity, 1 Yr. Growth %	6.91	46.18	0.17	18.8	-3.79
Cash From Operations, 1 Yr. Growth %	-12.46	144.41	-27.33	7.85	4.83
Capital Expenditures, 1 Yr. Growth %	34.35	279.46	-90.8	-52.05	-31.08
Levered Free Cash Flow, 1 Yr. Growth %	-29.32	116.84	7.54	26.92	-7.13
Unlevered Free Cash Flow, 1 Yr. Growth %	-28.89	116.07	7.15	26.59	-7.34
Dividend Per Share, 1 Yr. Growth %	0.21	85.14	-13.78	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	14.49	29.02	5.72	0.2	4.06
Gross Profit, 2 Yr. CAGR %	6.72	33.27	17.66	-0.8	-0.07
EBITDA, 2 Yr. CAGR %	7.99	38.32	18.71	-1.34	1.82
EBITA, 2 Yr. CAGR %	6.94	39.16	18.94	-1.65	2.28
EBIT, 2 Yr. CAGR %	6.94	39.16	18.94	-1.65	2.28
Earnings From Cont. Operations, 2 Yr. CAGR %	5.22	42.04	23.91	-2.61	-1.41
Net Income, 2 Yr. CAGR %	5.22	42.04	23.91	-2.61	-1.41
Normalized Net Income, 2 Yr. CAGR %	5.03	42.8	23.19	-2.96	-1.01
Diluted EPS Before Extra, 2 Yr. CAGR %	4.9	42.02	23.76	-2.83	-1.54
Accounts Receivable, 2 Yr. CAGR %	11.6	15.26	1.94	5.21	7.17
Inventory, 2 Yr. CAGR %	31.73	25.09	-10.83	1.74	12.6
Net Property, Plant and Equip., 2 Yr. CAGR %	10.29	30.11	23.87	-2.52	-3.51
Total Assets, 2 Yr. CAGR %	13.77	16	5	3.77	7.6
Tangible Book Value, 2 Yr. CAGR %	8.01	25.14	21.18	9.19	6.98
Common Equity, 2 Yr. CAGR %	8.15	25.01	21.01	9.09	6.91
Cash From Operations, 2 Yr. CAGR %	-12.43	46.27	33.28	-11.47	6.33
Capital Expenditures, 2 Yr. CAGR %	9.91	125.79	-40.91	-79	-42.51
Levered Free Cash Flow, 2 Yr. CAGR %	-21.81	23.8	52.71	16.83	8.57
Unlevered Free Cash Flow, 2 Yr. CAGR %	-21.61	23.95	52.16	16.46	8.31
Dividend Per Share, 2 Yr. CAGR %	3.25	36.06	26.33	-	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.12	20.66	11.55	10.4	-3.34
Gross Profit, 3 Yr. CAGR %	11.56	23.54	14.1	17.67	-5.83
EBITDA, 3 Yr. CAGR %	12.49	27.27	15.12	19.82	-6.15
EBITA, 3 Yr. CAGR %	11.48	27.4	14.86	20.48	-6.45
EBIT, 3 Yr. CAGR %	11.48	27.4	14.86	20.48	-6.45
Earnings From Cont. Operations, 3 Yr. CAGR %	9.16	27.65	18.14	21.24	-7.39
Net Income, 3 Yr. CAGR %	9.16	27.65	18.14	21.24	-7.39
Normalized Net Income, 3 Yr. CAGR %	8.59	27.28	18.29	20.74	-7.34
Diluted EPS Before Extra, 3 Yr. CAGR %	8.88	27.42	18	21.09	-7.56
Accounts Receivable, 3 Yr. CAGR %	8.88	11.01	7.92	6.73	2.81
Inventory, 3 Yr. CAGR %	22.45	25.28	3.25	5.37	-3.74
Net Property, Plant and Equip., 3 Yr. CAGR %	16.68	24.39	17.97	14.56	-3.35
Total Assets, 3 Yr. CAGR %	17.33	15.76	7.37	8.98	2.03
Tangible Book Value, 3 Yr. CAGR %	8.51	19.56	16.22	20.43	4.69
Common Equity, 3 Yr. CAGR %	8.65	19.58	16.12	20.27	4.62
Cash From Operations, 3 Yr. CAGR %	7.22	23.3	15.85	24.2	-6.34
Capital Expenditures, 3 Yr. CAGR %	-9.41	66.12	-22.3	-44.89	-68.79
Levered Free Cash Flow, 3 Yr. CAGR %	18.4	9.85	18.12	43.58	8.22
Unlevered Free Cash Flow, 3 Yr. CAGR %	18.69	9.91	18.08	43.11	7.92
Dividend Per Share, 3 Yr. CAGR %	7.33	25.34	16.85	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.87	18.17	10.68	12.01	8.49
Gross Profit, 5 Yr. CAGR %	11.64	21.51	13.96	13.16	8.21
EBITDA, 5 Yr. CAGR %	12.4	23.83	14.94	14.94	9.6
EBITA, 5 Yr. CAGR %	11.73	23.66	14.41	14.87	9.65
EBIT, 5 Yr. CAGR %	11.73	23.66	14.41	14.87	9.65
Earnings From Cont. Operations, 5 Yr. CAGR %	10.56	26.59	14.84	14.56	9.89
Net Income, 5 Yr. CAGR %	10.56	26.59	14.84	14.56	9.89
Normalized Net Income, 5 Yr. CAGR %	10.91	26.68	14.21	14.19	10.16
Diluted EPS Before Extra, 5 Yr. CAGR %	10.32	26.34	14.6	14.33	9.76
Accounts Receivable, 5 Yr. CAGR %	13.25	11.72	6.05	8.65	7.62
Inventory, 5 Yr. CAGR %	19.75	17.5	7.91	15.27	6.89
Net Property, Plant and Equip., 5 Yr. CAGR %	24.05	30.69	19.5	12.83	8.85
Total Assets, 5 Yr. CAGR %	13.58	17.25	12.23	10.87	7.46
Tangible Book Value, 5 Yr. CAGR %	5.82	14.8	13.41	15.3	12.43
Common Equity, 5 Yr. CAGR %	5.89	14.83	13.43	15.27	12.34
Cash From Operations, 5 Yr. CAGR %	10.76	26.4	16.97	8	11.94
Capital Expenditures, 5 Yr. CAGR %	21.69	45.18	-23.64	-27.36	-31.12
Levered Free Cash Flow, 5 Yr. CAGR %	5.96	26.55	31.09	12.59	14.2
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.31	26.81	31.09	12.48	14.07
Dividend Per Share, 5 Yr. CAGR %	11.6	19.12	14.51	-	-