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Taiwanese maker of lithium-ion battery packs for notebook computers and other electronic devices, competing with Simplo Technology.
Taiwanese maker of lithium-ion battery packs for notebook computers and other electronic devices, competing with Simplo Technology.
Assembles battery packs from cells bought from cell makers, adds the protection electronics and sells to notebook brands, so earnings turn on cell prices and the brands' order volumes.
In one line: A smaller peer to Simplo Technology in notebook battery packs.
Moat: narrow (customer qualification). Qualified battery-pack supplier to notebook OEMs, though smaller-scale than the market leader.
Headquarters: Taiwan
Size Dynapack International Technology (3211.TWO) is a Taiwan Industrials company (Electrical Products) with a market value of $1.08B, the 254th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$230.50 on 6 Nov 2026.
Performance Over six months the shares fell 36.4%, against -26.7% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 8th lowest of 20 in its peer set.
Growth Revenue grew 19.1% over the last twelve months (peer median +21.3%); the operating margin is 10.9% (peer median 4.4%).
Valuation It trades at 15.1× forward earnings against a peer median of 25.5× (5th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is -7%, so the hurdle is +12 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 8.2 points above its cost of capital (5.3% WACC).
Next results Next results expected around 9 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$14.5B | NT$13.2B | NT$13.9B | NT$17.2B | NT$19.1B |
| Revenue growth | — | -5% | -19% | -10% | — |
| Gross profit | NT$2.82B | NT$2.08B | NT$1.47B | NT$1.42B | NT$1.61B |
| EBITDA | n/a | NT$1.53B | NT$1.04B | NT$1.01B | NT$1.20B |
| Net income | NT$1.26B | NT$1.38B | NT$2.67B | NT$788M | NT$797M |
| Free cash flow | n/a | NT$1.31B | NT$1.04B | NT$2.87B | NT$1.05B |
| Capital expenditure | n/a | NT$295M | NT$189M | NT$206M | NT$199M |
| Total debt | n/a | NT$156M | NT$1.13B | NT$1.69B | NT$2.66B |
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 |
|---|---|---|---|---|---|---|
| Dynapack International Technology 3211.TWO | $1.08B | -36% | +19% | 11% | 15.1× | 4.3% |
| Simplo Technology 6121.TWO | $1.90B | -6% | +3% | 11% | 9.6× | -20.1% |
| LG Energy Solution 373220.KS | $58.2B | -27% | +25% | 1% | n/a | 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 | 3211.TWO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -42.2% | -10.1% | 2nd lowest of 21 |
| 6-month return | -36.4% | -26.7% | 8th lowest of 20 |
| Distance from 52-week high | -53.4% | -46.7% | 10th lowest of 21 |
| Revenue growth (TTM) | +19.1% | +21.3% | 9th lowest of 21 |
| Operating margin | 10.9% | 4.4% | 5th highest of 21 |
| Forward P/E | 15.1× | 25.5× | 5th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 4.3% | 25.7% | least demanding of 11 |
| Growth delivered (Del g) | -7.3% | +9.2% | 2nd lowest of 10 |
| Hurdle (Req g minus delivered) | +11.6 pp | +10.2 pp | 4th most demanding of 10 |
| ROIC minus cost of capital | +8.2 pp | -2.1 pp | highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Dynapack International Technology 3211.TWO | Taiwan | $1.08B | -36% | +19% | 11% | 15.1× | 4.3% | -7.3% |
| Xiangtan Electrochemical Scientific 002125.SZ | China | $1.08B | -25% | +1% | 9% | n/a | 19.4% | +9.2% |
| Windey Energy Technology 300772.SZ | China | $1.09B | -42% | +23% | -2% | n/a | n/a | n/a |
| Shenzhen Highpower Technology 001283.SZ | China | $1.07B | 0% | +18% | 5% | 23.8× | n/a | n/a |
| Tokai Carbon Korea 064760.KS | South Korea | $1.10B | -53% | +23% | 28% | 15.0× | 8.8% | +5.7% |
| Ongoal Technology 301662.SZ | China | $1.06B | -51% | -3% | 3% | 43.9× | 51.7% | n/a |
| Shanghai QiFan Cable 605222.SS | China | $1.11B | -51% | +12% | 2% | 16.4× | n/a | n/a |
| Shanghai Cooltech Power 300153.SZ | China | $1.11B | -27% | +84% | 5% | 29.0× | 37.0% | +20.3% |
| Baosheng Science & Technology Innovation 600973.SS | China | $1.11B | -26% | +31% | 1% | 60.2× | 9.1% | +6.9% |
| Jiangsu Cai Qin Technology 688182.SS | China | $1.12B | -39% | +86% | 9% | 50.2× | n/a | n/a |
| Quality Power Electrical Equipments QPOWER.NS | India | $1.12B | +7% | +90% | 19% | 56.3× | n/a | n/a |
| Voltamp Transformers VOLTAMP.NS | India | $1.04B | +1% | +18% | 15% | 28.6× | 35.4% | +25.5% |
| Hunan Valin Wire & Cable 001208.SZ | China | $1.04B | -36% | +20% | 2% | 25.5× | 32.0% | +21.6% |
| American Superconductor AMSC | United States | $1.13B | -58% | +26% | 4% | 22.1× | 56.5% | +28.0% |
| Keli Motor 002892.SZ | China | $1.13B | -14% | +13% | -1% | n/a | n/a | n/a |
| Goldcup Electric Apparatus 002533.SZ | China | $1.14B | -21% | +23% | 3% | 11.0× | n/a | n/a |
| Zhejiang Yankon 600261.SS | China | $1.03B | +52% | -2% | 4% | n/a | 10.2% | -11.1% |
| Guangzhou Zhiguang Electric 002169.SZ | China | $1.02B | -34% | +28% | 1% | n/a | n/a | n/a |
| Shenzhen Senior Technology Material 6067.HK | Hong Kong | $1.02B | n/a | +53% | 10% | 10.2× | n/a | n/a |
| Topsec Technologies 002212.SZ | China | $1.01B | -18% | -9% | -14% | 99.8× | n/a | n/a |
| Sanyo Denki 6516.T | Japan | $1.01B | -39% | +20% | 12% | 11.4× | 9.0% | +6.7% |