Thinking Electronic Industrial Co., Ltd. (2428.TW) Stock

About Thinking Electronic Industrial Co., Ltd.

Thinking Electronic Industrial Co., Ltd. manufactures, processes, sells, and trades in electronic components, thermistors, varistors, and wires in Taiwan, Mainland China, Europe, and internationally. It operates through The Company, Thinking Changzhou, Thinking Yichang, Jiang Xi Thinking, Dong Guan Welkin and Zhongshan Welkin, and Others segments. The company offers negative temperature coefficient thermistors, zinc oxide varistors (MOV), ceramic positive temperature (PTC) thermistors, polymer positive temperature coefficient thermistors (polymer PTC resettable fuses), temperature and pressure sensors, gas discharge tubes, ESD suppressors and protection diodes, TVS diodes, spark gap protectors, thyristor and IGBT modules, and high voltage rectifiers. Its products are used in automotive applications comprising EV batteries, on-board chargers, automotive PTC heaters, EV traction motors, EV charging inlets, EV liquid cooling systems, and EV charging stations; AI liquid cooling applications, including coolant distribution units; telecom equipment applications consisting of surge protection for 5G and cloud computing; industrial applications, such as industrial temperature sensing and surge protection for industrial equipment; smart home appliances and lighting applications, which include refrigerators, ovens and induction cooktops, kitchen appliances, dishwashers, laundry appliances, boilers and heating systems, thermostats, lighting, and smart toilets; renewable energy applications, such as SPD applications of photovoltaic systems; and power supply, consumer electronics, and medical applications. The company also engages in trading and reinvestment activities, as well as the manufacture and sale of machinery and equipment. The company was formerly known as Thinking Company Ltd and changed its name to Thinking Electronic Industrial Co., Ltd. in June 1989. Thinking Electronic Industrial Co., Ltd. was incorporated in 1979 and is based in Kaohsiung, Taiwan.

Thinking Electronic Industrial Co., Ltd. is led by CEO Shih Ying Chung, employs 435 people, headquartered in Kaohsiung, TW, publicly traded since 2001.

Thinking Electronic Industrial Co., Ltd. (2428.TW) stock trades at $255.00 with a market capitalization of $32.67B. The stock is valued at a price-to-earnings (P/E) ratio of 23.31, price-to-book of 2.92, price-to-sales of 3.99. Over the past 52 weeks the stock has ranged between $142.50 and $363.50, and currently trades 29.8% below its 52-week high. It pays a dividend yielding 2.63%.

On profitability, Thinking Electronic Industrial Co., Ltd. generates a return on equity (ROE) of 12.13%, above the typical market average, an operating margin of 19.90%, a net profit margin of 17.20%.

The balance sheet shows a debt-to-equity ratio of 0.13 — a conservative balance sheet with little leverage risk, a current ratio of 3.71.

2428.TW has an average daily trading volume of 2,238,274 shares, a beta of 1.50 (more volatile than the overall market), 0.13B shares outstanding.

Official website: www.thinking.com.tw