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Taiwanese maker of cable assemblies and connectivity solutions for EVs (notably Tesla), data centers and industrial equipment.
Taiwanese maker of cable assemblies and connectivity solutions for EVs (notably Tesla), data centers and industrial equipment.
Builds cable and connector assemblies to each customer's design and is paid per unit, so volume follows customers' production, with Tesla's EV output and data-center server builds the main drivers. Designs are qualified into a platform and then supplied for its life.
In one line: A small Taiwan Amphenol (connectors/cables).
Moat: narrow (customer qualification, process know-how). Cable/connector designs qualified into customer platforms (e.g., EV harnesses) are costly to switch.
Headquarters: Taipei, Taiwan · Founded: 1996
Size Bizlink (3665.TW) is a Taiwan Industrials company (Electrical Products) with a market value of $8.00B, the 65th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$1,325 on 6 Nov 2026.
Performance Over six months the shares fell 53.9%, against -14.7% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 33.4% over the last twelve months (peer median +16.7%); the operating margin is 17.4% (peer median 13.8%).
Valuation It trades at 14.2× forward earnings against a peer median of 15.0× (8th cheapest of 20).
Price implies For today's price to make sense, revenue must grow about 5% a year for seven years (Req g). Recent delivered growth is +26%, so the hurdle is -21 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 17.5 points above its cost of capital (6.3% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$82.3B | NT$71.2B | NT$54.1B | NT$51.1B | NT$53.8B |
| Revenue growth | — | +32% | +6% | -5% | — |
| Gross profit | NT$25.3B | NT$22.3B | NT$15.0B | NT$12.3B | NT$13.6B |
| EBITDA | NT$17.2B | NT$15.0B | NT$8.78B | NT$6.29B | NT$7.43B |
| Net income | NT$10.6B | NT$9.01B | NT$4.40B | NT$2.32B | NT$3.84B |
| Free cash flow | NT$4.61B | NT$5.18B | NT$3.66B | NT$4.32B | NT$524M |
| Capital expenditure | NT$3.95B | NT$3.72B | NT$3.46B | NT$3.24B | NT$2.25B |
| Total debt | NT$18.1B | NT$18.0B | NT$11.3B | NT$19.5B | NT$19.0B |
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 |
|---|---|---|---|---|---|---|
| Bizlink 3665.TW | $8.00B | -54% | +33% | 17% | 14.2× | 5.3% |
| Amphenol APH | $184B | +21% | +58% | 29% | 21.6× | 15.7% |
| TE Connectivity TEL | $59.5B | +1% | +15% | 22% | 15.1× | 8.2% |
| Lotes 3533.TW | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% |
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 | 3665.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -46.7% | -4.4% | 2nd lowest of 21 |
| 6-month return | -53.9% | -14.7% | 3rd lowest of 20 |
| Distance from 52-week high | -56.0% | -42.1% | 5th lowest of 21 |
| Revenue growth (TTM) | +33.4% | +16.7% | 7th highest of 21 |
| Operating margin | 17.4% | 13.8% | 5th highest of 21 |
| Forward P/E | 14.2× | 15.0× | 8th cheapest of 20 |
| Growth the price implies (Req g, 7 yrs) | 5.3% | 11.3% | 4th least demanding of 12 |
| Growth delivered (Del g) | +25.9% | +12.1% | 2nd highest of 12 |
| Hurdle (Req g minus delivered) | -20.6 pp | -3.6 pp | least demanding of 12 |
| ROIC minus cost of capital | +17.5 pp | +2.9 pp | 3rd highest of 21 |
| EV / EBITDA | 15.3× | 13.2× | 3rd most expensive of 10 |
| Net debt / EBITDA | -0.1× | -0.4× | 5th most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Bizlink 3665.TW | Taiwan | $8.00B | -54% | +33% | 17% | 14.2× | 5.3% | +25.9% |
| Zhejiang Chint Electrics 601877.SS | China | $7.97B | -24% | +4% | 14% | 10.1× | -8.3% | +12.1% |
| Zhuzhou CRRC Times Electric 3898.HK | Hong Kong | $7.95B | -24% | +17% | 14% | 7.5× | n/a | n/a |
| Hongfa Technology 600885.SS | China | $7.81B | +8% | +34% | 14% | 22.9× | 9.0% | +17.2% |
| Sigenergy Technology 6656.HK | Hong Kong | $8.31B | -51% | +577% | 36% | 11.0× | n/a | n/a |
| China XD Electric 601179.SS | China | $8.51B | -35% | +7% | 8% | 36.0× | n/a | n/a |
| Havells India HAVELLS.NS | India | $7.47B | -11% | +16% | 7% | 44.0× | 39.8% | +16.6% |
| Shenzhen Kedali Industry 002850.SZ | China | $7.46B | -9% | +40% | 12% | 22.2× | n/a | n/a |
| SUPCON Technology 688777.SS | China | $8.58B | -9% | -6% | -3% | 116.4× | n/a | n/a |
| Goldwind Science & Technology 2208.HK | Hong Kong | $8.58B | -57% | +24% | 6% | 7.2× | n/a | n/a |
| Ngk 5333.T | Japan | $7.43B | -13% | +10% | 16% | 13.1× | 4.4% | +8.2% |
| Anker Innovations Technology 0668.HK | Hong Kong | $8.68B | n/a | +28% | 11% | 14.8× | 22.2% | +25.8% |
| Furukawa Electric 5801.T | Japan | $8.75B | -54% | +13% | 6% | 11.9× | n/a | n/a |
| Goldenmax International 002636.SZ | China | $7.20B | +47% | +79% | 30% | n/a | 24.4% | +4.4% |
| Anji Microelectronics Technology (Shanghai) 688019.SS | China | $7.05B | +7% | +35% | 32% | 31.6× | 28.1% | +42.8% |
| Shanghai Putailai New Energy Technology 603659.SS | China | $6.87B | -41% | +44% | 14% | 14.2× | n/a | n/a |
| Smiths SMIN.L | United Kingdom | $9.45B | +5% | -34% | 16% | 22.6× | 15.2% | -4.2% |
| Nkt A/s NKT.CO | Denmark | $6.73B | -15% | +2% | 7% | 26.4× | n/a | n/a |
| Acuity AYI | United States | $9.59B | +10% | +7% | 16% | 15.1× | 6.6% | +6.0% |
| Fuji Electric 6504.T | Japan | $9.68B | -18% | +9% | 12% | 13.1× | 11.3% | +7.0% |
| Hd Hyundai Electric 267260.KS | South Korea | $9.71B | -71% | +21% | 25% | 15.0× | 0.7% | +17.6% |