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2454 · TWSE · Taiwan · Technology
In shortMediaTek (聯發科) is profitable, generates cash and holds more cash than debt, with revenue growing (+12.3% last year).
Financial health
Strong
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. | 17.4% | 75/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 17.7% | 91/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 26.4% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 21.7% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.31× | 43/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.01× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 158.69× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.42 | 85/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 24.8% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.40× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
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 | 26.6% | 13/100 |
| Operating margin volatility | 2.8% | 83/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 2.8% | 32/100 |
|---|---|---|
| EPS growth, 3-year average | -3.8% | 6/100 |
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 | 493,415 | 548,796 | 433,446 | 530,586 | 595,966 |
| Cost of revenue | 261,810 | 277,892 | 226,079 | 267,200 | 312,886 |
| Gross profit | 231,605 | 270,904 | 207,367 | 263,386 | 283,080 |
| Research & development | 96,081 | 116,875 | 111,385 | 131,993 | 148,306 |
| Operating income | 108,040 | 126,788 | 71,800 | 102,412 | 103,470 |
| Interest expense | 193 | 371 | 399 | 453 | 652 |
| Pre-tax income | 126,852 | 135,561 | 86,782 | 119,519 | 124,888 |
| Income tax | 14,980 | 16,936 | 9,591 | 12,378 | 18,770 |
| Net income | 111,421 | 118,141 | 76,979 | 106,387 | 105,319 |
| Diluted EPS | TWD70.22 | TWD74.23 | TWD48.34 | TWD66.78 | TWD66.03 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
4.42 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
4/9
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 –