Who are Walsin Lihwa's main competitors?

Named competitors: LS Cable & System (006260.KS), Walsin Technology (2492.TW), Ta Ya Electric Wire & Cable (1609.TW), Hua Eng Wire & Cable (1608.TW). The cockpit's measured peer set (industry) also includes Teco Electric & Machinery (1504.TW), Rosebank Industries (ROSE.L), DPC (DPC), Ugreen (301606.SZ), KEI Industries (KEI.NS), Henan Pinggao Electric (600312.SS).

Is Walsin Lihwa expensive compared with its peers?

On forward p/e it trades at 7.5× against a peer median of 24.5×, 2nd cheapest of 19 in its peer set.

How has Walsin Lihwa stock performed?

Over six months to 6 Nov 2026 the shares returned -2.9% against -21.5% for the median peer; over one year +6.2%.

← CockpitCompetitor Analysis › 1605.TW Walsin Lihwa CorporationOpen in the cockpit ↗

Walsin Lihwa Corporation1605.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Industrials›Electrical Products

Taiwanese conglomerate making wire and cable, specialty steel and electronic materials.

≈ A diversified industrial, like a smaller Nexans plus steelMomentum neutral 54

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$4.21B

US dollars, full cap

Free float

61%

of shares outstanding

$/day

$34.1M

20-day average traded

Fwd P/E

7.5×

forward earnings

ROIC−WACC

-5.3 pp

WACC 5.2%

Hurdle

n/a

no reverse DCF

Next earnings

105 days

19 Feb 2027

Close · TWDNT$31.45

1D-3.5%

1W-12.5%

1M-18.1%

3M-6.8%

6M-2.9%

YTD-1.1%

1Y+6.2%

ATR %5.9%

52w lowhigh32.4% off high

What Walsin Lihwa does

Taiwanese conglomerate making wire and cable, specialty steel and electronic materials.

In one line: A diversified industrial, like a smaller Nexans plus steel.

Products and services

Wire & cable
Specialty/stainless steel
Electronic materials

Customers

Utilities/construction firms
Industrial/electronics manufacturers

Where it sits in the supply chain

Industrial conglomerate
Wire/cable + specialty steel…
Cables, stainless steel, electronics

What could go right

Grid/construction cable demand
Steel pricing cycle

What could go wrong

Copper/steel raw material costs
Cyclical construction demand

Moat: none (scale). Commodity cable and steel producer competing mainly on scale and price.

Headquarters: Taipei, Taiwan · Founded: 1950

Named competitors

Walsin Lihwa at a glance

Size Walsin Lihwa (1605.TW) is a Taiwan Industrials company (Electrical Products) with a market value of $4.21B, the 101st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$31.45 on 6 Nov 2026.

Performance Over six months the shares fell 2.9%, against -21.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 6th highest of 19 in its peer set.

Growth Revenue fell 4.4% over the last twelve months (peer median +12.2%); the operating margin is -0.1% (peer median 9.1%).

Valuation It trades at 7.5× forward earnings against a peer median of 24.5× (2nd cheapest of 19).

Capital Return on invested capital runs 5.3 points below its cost of capital (5.2% WACC).

Next results Next results expected around 19 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Walsin Lihwa against the median of its 20 peers (local-currency closes).

Walsin Lihwa financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	NT$174B	NT$174B	NT$179B	NT$190B	NT$180B
Revenue growth	—	-3%	-6%	+5%	—
Gross profit	NT$9.79B	NT$9.93B	NT$10.7B	NT$13.4B	NT$16.7B
EBITDA	NT$8.67B	NT$8.79B	NT$12.0B	NT$14.4B	NT$13.9B
Net income	NT$14.6B	NT$3.18B	NT$2.78B	NT$5.08B	NT$19.4B
Free cash flow	-NT$8.12B	-NT$6.44B	-NT$8.73B	NT$6.51B	-NT$2.16B
Capital expenditure	NT$9.16B	NT$11.9B	NT$10.5B	NT$16.5B	NT$15.9B
Total debt	NT$89.9B	NT$85.5B	NT$81.6B	NT$64.4B	NT$71.5B

Quarterly statements and history in the cockpit →

Walsin Lihwa competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Walsin Lihwa is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Walsin Lihwa is the large dot.

Walsin Lihwa competitors and peer comparison

Head to head with its named competitors (1605.TW vs 006260.KS vs 2492.TW vs 1609.TW)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Walsin Lihwa 1605.TW	$4.21B	-3%	-4%	0%	7.5×	n/a
LS 006260.KS	$3.51B	-62%	+30%	4%	8.0×	n/a
Walsin Technology 2492.TW	$3.79B	+74%	+8%	8%	37.6×	36.0%
Ta Ya Electric Wire & Cable 1609.TW	$709M	-9%	+17%	12%	11.0×	n/a
Hua Eng Wire & Cable 1608.TW	$378M	-11%	+8%	9%	n/a	n/a

How Walsin Lihwa compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Walsin Lihwa against its 20 peers (data as of 6 Nov 2026)
Measure	1605.TW	Peer median	Rank in peer set
1-month return	-18.1%	-12.9%	8th lowest of 21
6-month return	-2.9%	-21.5%	6th highest of 19
Distance from 52-week high	-32.4%	-49.7%	6th highest of 21
Revenue growth (TTM)	-4.4%	+12.2%	3rd lowest of 20
Operating margin	-0.1%	9.1%	2nd lowest of 21
Forward P/E	7.5×	24.5×	2nd cheapest of 19
ROIC minus cost of capital	-5.3 pp	-0.4 pp	5th lowest of 21
Net debt / EBITDA	8.3×	-0.9×	2nd most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Walsin Lihwa 1605.TW	Taiwan	$4.21B	-3%	-4%	0%	7.5×	n/a	n/a
Teco Electric & Machinery 1504.TW	Taiwan	$4.23B	-13%	+8%	9%	19.5×	9.3%	+5.2%
Rosebank Industries ROSE.L	United Kingdom	$4.15B	-12%	n/a	13%	18.8×	n/a	n/a
DPC DPC	United States	$4.30B	n/a	+12%	-1%	31.9×	n/a	n/a
Ugreen 301606.SZ	China	$4.13B	-23%	+50%	9%	25.4×	n/a	n/a
KEI Industries KEI.NS	India	$4.03B	-22%	+25%	10%	33.9×	n/a	n/a
Henan Pinggao Electric 600312.SS	China	$4.43B	-1%	-6%	13%	21.1×	n/a	n/a
State Grid Yingda 600517.SS	China	$4.01B	-21%	+8%	22%	10.2×	-18.5%	+8.1%
Gaon Cable 000500.KS	South Korea	$3.97B	+50%	+32%	3%	n/a	n/a	n/a
CNGR Advanced Material 2579.HK	Hong Kong	$4.48B	-58%	+53%	7%	5.6×	n/a	n/a
Beijing Sifang Automation 601126.SS	China	$3.94B	-44%	+9%	9%	27.8×	25.3%	+16.3%
Shenzhen Hfc 301716.SZ	China	$3.93B	n/a	+114%	44%	n/a	45.3%	n/a
Guangzhou Great Power Energy & Technology 300438.SZ	China	$3.90B	-50%	+125%	7%	11.7×	9.7%	+26.8%
XJ Electric 000400.SZ	China	$3.86B	0%	-8%	6%	23.5×	n/a	n/a
Far East Smarter Energy 600869.SS	China	$4.73B	-16%	-1%	1%	37.4×	38.2%	+7.3%
Hainan Jinpan Smart Technology 688676.SS	China	$3.75B	-38%	+12%	10%	29.4×	28.5%	+24.7%
Fortune Electric 1519.TW	Taiwan	$4.75B	-50%	+5%	21%	26.0×	16.1%	+23.6%
Dajin Heavy Industry 002487.SZ	China	$3.71B	-60%	-2%	19%	19.6×	n/a	n/a
Wuhan Raycus Fiber Laser Technologies 300747.SZ	China	$3.67B	+22%	+16%	6%	76.8×	n/a	n/a
Powell Industries POWL	United States	$4.85B	-57%	+7%	20%	21.2×	11.2%	+16.3%
Shanghai Moons Electrical 603728.SS	China	$3.66B	-1%	+22%	4%	183.9×	n/a	n/a

Questions

Who are Walsin Lihwa's main competitors?: Named competitors: LS Cable & System (006260.KS), Walsin Technology (2492.TW), Ta Ya Electric Wire & Cable (1609.TW), Hua Eng Wire & Cable (1608.TW). The cockpit's measured peer set (industry) also includes Teco Electric & Machinery (1504.TW), Rosebank Industries (ROSE.L), DPC (DPC), Ugreen (301606.SZ), KEI Industries (KEI.NS), Henan Pinggao Electric (600312.SS).
Is Walsin Lihwa expensive compared with its peers?: On forward p/e it trades at 7.5× against a peer median of 24.5×, 2nd cheapest of 19 in its peer set.
How has Walsin Lihwa stock performed?: Over six months to 6 Nov 2026 the shares returned -2.9% against -21.5% for the median peer; over one year +6.2%.