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World's largest flexible PCB (FPC) maker, supplying Apple and other smartphone/server customers; Foxconn-affiliated.
World's largest flexible PCB (FPC) maker, supplying Apple and other smartphone/server customers; Foxconn-affiliated.
Sells flexible printed circuits, the thin bendable boards that wire together phone cameras, batteries and displays, to makers of the end devices, so sales swing with Apple's product cycles and the number of such boards in each model. Rigid boards and chip substrates are smaller lines used to widen the customer base into servers.
In one line: The world's TTM Technologies for flexible circuits.
Moat: narrow (scale, process know-how, customer qualification). Largest global FPC scale and deep Apple qualification; PCB pricing itself remains competitive.
Headquarters: Taoyuan, Taiwan · Founded: 1990 · Employees: 52,108
Size Zhen Ding Technology Holding Lt (4958.TW) is a Taiwan Information Technology company (Electronic Components) with a market value of $12.8B, the 47th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$373.00 on 6 Nov 2026.
Performance Over six months the shares fell 11.9%, against -28.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 7th highest of 20 in its peer set.
Growth Revenue grew 4.5% over the last twelve months (peer median +35.7%); the operating margin is 8.6% (peer median 17.6%).
Valuation It trades at 18.4× forward earnings against a peer median of 22.5× (8th cheapest of 21).
Capital Return on invested capital runs 5.3 points below its cost of capital (10.8% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$193B | NT$183B | NT$172B | NT$151B | NT$171B |
| Revenue growth | — | +6% | +13% | -12% | — |
| Gross profit | NT$43.2B | NT$36.1B | NT$32.5B | NT$27.5B | NT$39.9B |
| EBITDA | NT$36.1B | NT$32.3B | NT$29.1B | NT$25.5B | NT$37.1B |
| Net income | NT$9.37B | NT$6.79B | NT$9.18B | NT$6.19B | NT$14.2B |
| Free cash flow | -NT$26.5B | -NT$4.77B | NT$15.3B | NT$8.15B | NT$16.2B |
| Capital expenditure | NT$51.3B | NT$34.2B | NT$16.3B | NT$26.1B | NT$30.2B |
| Total debt | NT$71.8B | NT$53.0B | NT$58.2B | NT$54.3B | NT$45.8B |
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 |
|---|---|---|---|---|---|---|
| Zhen Ding Technology Holding Lt 4958.TW | $12.8B | -12% | +5% | 9% | 18.4× | n/a |
| Unimicron Technology 3037.TW | $35.4B | -19% | +33% | 13% | 20.1× | 45.9% |
| Career Technology (MFG.) 6153.TW | n/a | -25% | n/a | n/a | n/a | n/a |
| Avary Holding (Shenzhen) 002938.SZ | $16.2B | -35% | +8% | 10% | 22.4× | n/a |
| Flexium Interconnect 6269.TW | $617M | -5% | +1% | -34% | 52.0× | n/a |
| Compeq Manufacturing 2313.TW | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% |
| Suzhou Dongshan Precision Manufacturing 002384.SZ | $26.9B | -57% | +56% | 11% | 18.0× | n/a |
| NOK 7240.T | n/a | +1% | n/a | n/a | 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 | 4958.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -35.2% | -40.0% | 7th highest of 21 |
| 6-month return | -11.9% | -28.6% | 7th highest of 20 |
| Distance from 52-week high | -43.4% | -52.7% | 6th highest of 21 |
| Revenue growth (TTM) | +4.5% | +35.7% | 3rd lowest of 21 |
| Operating margin | 8.6% | 17.6% | 4th lowest of 21 |
| Forward P/E | 18.4× | 22.5× | 8th cheapest of 21 |
| ROIC minus cost of capital | -5.3 pp | +4.1 pp | 3rd lowest of 21 |
| EV / EBITDA | 12.6× | 17.4× | 3rd cheapest of 9 |
| Net debt / EBITDA | -0.7× | -0.9× | 4th most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Zhen Ding Technology Holding Lt 4958.TW | Taiwan | $12.8B | -12% | +5% | 9% | 18.4× | n/a | n/a |
| Gold Circuit Electronics 2368.TW | Taiwan | $12.9B | -45% | +68% | 26% | 14.5× | 14.2% | +20.7% |
| Victory Giant Technology (HuiZhou) 2476.HK | Hong Kong | $13.6B | -67% | +45% | 26% | 12.4× | n/a | n/a |
| Accelink Technologies 002281.SZ | China | $10.8B | -37% | +32% | 11% | 42.6× | n/a | n/a |
| Kinsus Interconnect Technology 3189.TW | Taiwan | $10.7B | +27% | +34% | 14% | 29.4× | 41.2% | +7.7% |
| Avary Holding (Shenzhen) 002938.SZ | China | $16.2B | -35% | +8% | 10% | 22.4× | n/a | n/a |
| Nan Ya Printed Circuit Board 8046.TW | Taiwan | $17.1B | -12% | +34% | 12% | 26.1× | 58.7% | +0.8% |
| NVT NVT | United States | $17.2B | -38% | +48% | 18% | 16.4× | 16.2% | +14.3% |
| Largan Precision 3008.TW | Taiwan | $17.7B | +76% | 0% | 35% | 26.0× | 12.6% | +1.8% |
| Sunny Optical 2382.HK | Hong Kong | $8.92B | -3% | +20% | 8% | 14.8× | 4.9% | +1.9% |
| Innolux 3481.TW | Taiwan | $8.71B | +32% | +11% | 0% | 62.6× | 37.3% | -3.4% |
| Shenzhen Kinwong Electronic 603228.SS | China | $8.38B | -23% | +33% | 12% | 22.6× | n/a | n/a |
| Taiwan Union Technology 6274.TWO | Taiwan | $8.21B | -26% | +87% | 23% | 13.9× | n/a | n/a |
| Chaozhou Three-Circle (Group) 6951.HK | Hong Kong | $20.2B | n/a | +74% | 34% | 22.3× | 34.2% | +16.8% |
| Shennan Circuit 002916.SZ | China | $20.4B | -36% | +51% | 18% | 22.6× | n/a | n/a |
| Shengyi Electronics 688183.SS | China | $7.95B | -44% | +46% | 21% | 19.4× | n/a | n/a |
| Wus Printed Circuit (Kunshan) 002463.SZ | China | $21.2B | -29% | +61% | 28% | 18.2× | n/a | n/a |
| Ibiden 4062.T | Japan | $22.1B | +164% | +26% | 18% | 39.2× | 39.2% | +5.2% |
| TTM Technologies TTMI | United States | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% | +6.7% |
| VICR VICR | United States | $6.78B | -43% | +41% | 25% | 25.9× | 46.0% | +6.6% |
| Orbbec 688322.SS | China | $6.73B | +37% | +1% | 0% | 202.4× | n/a | n/a |