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2382 · TWSE · Taiwan · Technology
In shortQCI (廣達) is profitable, burns cash and carries moderate debt, with revenue growing (+50.5% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.1% | 30/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 3.5% | 34/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 32.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 12.4% | 83/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.21× | 35/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.29× | 39/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.37× | 75/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 9.90× | 80/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.19 | 28/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -1.2% | 15/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -0.34× | 0/100 |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 25.1% | 18/100 |
| Operating margin volatility | 0.8% | 100/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 18.4% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 36.6% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
TWD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,129,453 | 1,280,429 | 1,085,611 | 1,410,756 | 2,123,689 |
| Cost of revenue | 1,057,342 | 1,209,514 | 1,000,728 | 1,299,996 | 1,975,357 |
| Gross profit | 72,110 | 70,914 | 84,888 | 110,760 | 148,332 |
| Research & development | 18,646 | 21,336 | 23,294 | 28,863 | 37,169 |
| Operating income | 37,277 | 31,189 | 43,550 | 61,622 | 87,396 |
| Interest expense | 1,116 | 4,370 | 8,915 | 7,288 | 8,827 |
| Pre-tax income | 43,436 | 40,781 | 51,731 | 73,167 | 95,273 |
| Income tax | 9,077 | 11,058 | 11,243 | 12,884 | 19,487 |
| Net income | 33,653 | 28,957 | 39,676 | 59,702 | 74,988 |
| Diluted EPS | TWD8.64 | TWD7.42 | TWD10.23 | TWD15.32 | TWD18.91 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
2.19 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
3/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: MOPS (mops.twse.com.tw). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated –