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Major Taiwanese IT product distributor, wholesaling PCs, components and electronics brands to resellers across Asia.
Major Taiwanese IT product distributor, wholesaling PCs, components and electronics brands to resellers across Asia.
Buys from brand owners and resells to retailers and system integrators, keeping the thin gap between its buying and selling prices plus fees for logistics, credit and technical support. Results depend on volume and tight control of inventory and customer credit rather than on any single product. Taiwan is the home base, with a sizeable presence in China and elsewhere in Asia.
In one line: An Asia-focused IT distributor akin to TD Synnex.
Moat: none (scale, distribution). Scale distributor in a low-margin, logistics-driven wholesale business.
Headquarters: Taipei, Taiwan · Founded: 1978
Size Synnex Technology International (2347.TW) is a Taiwan Information Technology company (Electronics Distributors) with a market value of $4.26B, the 99th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$84.40 on 6 Nov 2026.
Performance Over six months the shares gained 2.7%, against -9.8% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 36.1% over the last twelve months (peer median +28.8%); the operating margin is 2.4% (peer median 3.8%).
Valuation It trades at 7.8× forward earnings against a peer median of 13.0× (5th cheapest of 16).
Capital Return on invested capital runs 1.7 points above its cost of capital (5.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$554B | NT$411B | NT$426B | NT$396B | NT$425B |
| Revenue growth | — | -3% | +8% | -7% | — |
| Gross profit | NT$21.7B | NT$17.5B | NT$18.6B | NT$17.5B | NT$17.8B |
| EBITDA | NT$14.1B | NT$9.16B | NT$10.6B | NT$9.27B | NT$9.72B |
| Net income | NT$12.2B | NT$8.47B | NT$9.21B | NT$7.29B | NT$15.7B |
| Free cash flow | -NT$49.8B | NT$10.9B | NT$19.2B | NT$15.1B | -NT$15.4B |
| Capital expenditure | NT$171M | NT$548M | NT$4.26B | NT$1.05B | NT$351M |
| Total debt | NT$102B | NT$76.6B | NT$88.1B | NT$83.5B | NT$95.9B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Synnex Technology International 2347.TW | $4.26B | +3% | +36% | 2% | 7.8× | n/a |
| TD SYNNEX SNX | $17.4B | -9% | +24% | 3% | 9.3× | n/a |
| WPG 3702.TW | $4.78B | -12% | +29% | 2% | 4.4× | n/a |
| Ingram Micro INGM | $5.85B | -6% | +15% | 2% | 6.8× | 2.9% |
| WT Microelectronics 3036.TW | $7.53B | -11% | +70% | 2% | 6.3× | -11.9% |
| Digital China 0861.HK | $410M | -14% | +16% | 1% | n/a | 1.5% |
| Redington REDINGTON.NS | $2.71B | +46% | +31% | 2% | 12.4× | n/a |
| Arrow Electronics ARW | $9.22B | -7% | +26% | 4% | 7.4× | 0.1% |
| Avnet AVT | $6.52B | -3% | +44% | 4% | 5.5× | n/a |
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.
| Measure | 2347.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.0% | -10.8% | 11th highest of 21 |
| 6-month return | +2.7% | -9.8% | 7th highest of 21 |
| Distance from 52-week high | -18.9% | -30.0% | 5th highest of 21 |
| Revenue growth (TTM) | +36.1% | +28.8% | 10th highest of 21 |
| Operating margin | 2.4% | 3.8% | 6th lowest of 21 |
| Forward P/E | 7.8× | 13.0× | 5th cheapest of 16 |
| ROIC minus cost of capital | +1.7 pp | +4.7 pp | 5th lowest of 21 |
| Net debt / EBITDA | 4.9× | 0.9× | 2nd most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Synnex Technology International 2347.TW | Taiwan | $4.26B | +3% | +36% | 2% | 7.8× | n/a | n/a |
| WPG 3702.TW | Taiwan | $4.78B | -12% | +29% | 2% | 4.4× | n/a | n/a |
| WinWay Technology 6515.TW | Taiwan | $3.63B | -67% | +45% | 24% | 27.9× | 32.8% | +22.0% |
| Canon Marketing Japan 8060.T | Japan | $5.26B | +5% | +3% | 10% | 17.1× | -7.2% | +4.5% |
| Puya Semiconductor (Shanghai) 688766.SS | China | $5.30B | -12% | +323% | 37% | 13.0× | 15.2% | +26.5% |
| Shenzhen Huaqiang Industry 000062.SZ | China | $3.04B | -48% | +48% | 4% | n/a | n/a | n/a |
| ALSO ALSN.SW | Switzerland | $3.01B | +17% | +29% | 2% | 16.7× | -4.4% | -0.1% |
| Resideo Technologies REZI | United States | $2.95B | +6% | +3% | 8% | 13.8× | n/a | n/a |
| Avnet AVT | United States | $6.52B | -3% | +44% | 4% | 5.5× | n/a | n/a |
| Qi An Xin Technology 688561.SS | China | $2.61B | -15% | -14% | -45% | n/a | n/a | n/a |
| BIPROGY 8056.T | Japan | $2.47B | -3% | +4% | 10% | 13.1× | -9.5% | +7.1% |
| WT Microelectronics 3036.TW | Taiwan | $7.53B | -11% | +70% | 2% | 6.3× | -11.9% | +27.2% |
| Nanjing Sunlord Electronics 300975.SZ | China | $2.40B | -11% | +109% | 8% | n/a | n/a | n/a |
| SoftwareOne SWON.SW | Switzerland | $2.30B | +11% | +62% | 12% | 12.6× | -5.7% | +8.4% |
| Shenzhen CECport Technologies 001287.SZ | China | $2.28B | -24% | +138% | 2% | n/a | n/a | n/a |
| ASBISc Enterprises ASB.WA | Poland | $2.17B | +123% | +43% | 4% | 12.6× | 5.9% | +9.5% |
| Xi'an Novastar Tech 301589.SZ | China | $2.12B | -9% | +15% | 17% | 22.0× | 15.9% | +28.7% |
| Arrow Electronics ARW | United States | $9.22B | -7% | +26% | 4% | 7.4× | 0.1% | +1.5% |
| SINBON Electronics 3023.TW | Taiwan | $1.88B | -11% | +9% | 10% | 15.4× | -0.1% | +7.3% |
| Daiwabo 3107.T | Japan | $1.79B | +4% | +14% | 3% | 10.8× | -7.7% | +5.3% |
| Shenzhen Yitoa Intelligent Control 300131.SZ | China | $1.68B | -39% | +3% | 0% | n/a | n/a | n/a |