2308.TW - Delta Electronics, Inc.

Taiwan - Taiwan Delayed price. Currency in TWD
-2.00 (-0.62%)
At close: 01:30PM CST
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Previous close325.00
Bid323.00 x 0
Ask323.50 x 0
Day's range323.00 - 328.50
52-week range210.50 - 331.00
Avg. volume6,034,115
Market cap839.005B
Beta (5Y monthly)1.03
PE ratio (TTM)25.16
EPS (TTM)12.84
Earnings date01 Aug 2023
Forward dividend & yield5.50 (1.69%)
Ex-dividend date29 Jun 2022
1y target est344.56
  • Reuters

    Taiwan's Delta Electronics sees EVs powering its double-digit growth

    Taiwan's Delta Electronics Inc, a supplier of power components to companies such as Tesla Inc, sees "at least" double-digit annual growth for the next five years driven by the electric vehicle (EV) boom, it said on Thursday. Chairman Yancey Hai, in bullish comments on a fourth-quarter earnings call, said the company was benefiting from the shift away from traditional gasoline-powered vehicles to EVs. Components like fans, which had previously mostly gone into goods like personal computers, are now increasingly going into EVs instead, Hai added, after the company reported its fourth-quarter gross profit leapt 32% year-on-year to T$29.6 billion ($974.55 million).