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Taiwanese consumer/auto financing and leasing company, affiliated with a domestic automotive group.
Taiwanese consumer/auto financing and leasing company, affiliated with a domestic automotive group.
In one line: A captive auto-finance company, like a Taiwanese Ally Financial for one automaker.
Moat: narrow (distribution, customer qualification). Tied distribution through an affiliated automotive dealer network.
Headquarters: Taiwan
Size Taiwan Acceptance (9941.TW) is a Taiwan Financials company (Finance/Rental/Leasing) with a market value of $1.31B, the 219th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$73.90 on 6 Nov 2026.
Performance Over six months the shares fell 6.2%, against +2.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue fell 3.3% over the last twelve months (peer median +3.5%); the operating margin is 25.7% (peer median 16.2%).
Valuation It trades at 1.10× book value against a peer median of 1.31× (9th cheapest of 21).
Price implies The share price implies a return on equity of about 3.8%; Taiwan Acceptance delivers 12.2%, so the price asks less than the business earns today.
Next results Next results expected around 11 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$39.1B | NT$39.5B | NT$41.4B | NT$41.5B | NT$36.6B |
| Revenue growth | — | -4% | 0% | +13% | — |
| Gross profit | NT$19.9B | NT$20.3B | NT$22.3B | NT$27.2B | NT$20.8B |
| EBITDA | NT$19.5B | NT$20.2B | NT$21.7B | NT$19.8B | NT$21.5B |
| Net income | NT$4.74B | NT$4.65B | NT$5.10B | NT$6.27B | NT$5.80B |
| Free cash flow | NT$9.56B | NT$15.3B | NT$11.8B | -NT$14.5B | -NT$31.4B |
| Capital expenditure | NT$406M | NT$1.86B | NT$5.14B | NT$3.36B | NT$1.04B |
| Total debt | NT$222B | NT$220B | NT$228B | NT$235B | NT$218B |
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 | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Taiwan Acceptance 9941.TW | $1.31B | -6% | -3% | 12% | 1.10× | 3.8% |
| Hotai Finance 6592.TW | $1.08B | -6% | -9% | 10% | 0.92× | 3.4% |
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 | 9941.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.6% | +4.1% | 3rd lowest of 21 |
| 6-month return | -6.2% | +2.1% | 9th lowest of 21 |
| Return on equity | 12.2% | 8.5% | 8th highest of 21 |
| Price / book | 1.10× | 1.31× | 9th cheapest of 21 |
| Trailing P/E | 9.9× | 13.9× | 4th cheapest of 19 |
| ROE the price implies | 3.8% | 12.4% | 2nd least demanding of 21 |
| ROE delivered | 12.2% | 9.3% | 8th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Taiwan Acceptance 9941.TW | Taiwan | $1.31B | -6% | -3% | 12% | 1.10× | 3.8% | 12.2% |
| Five-Star Business Finance FIVESTAR.NS | India | $1.33B | -10% | +9% | 15% | 1.59× | 22.3% | 15.2% |
| Walker & Dunlop WD | United States | $1.34B | -28% | +9% | 2% | 0.76× | 10.0% | 2.2% |
| Zhejiang Haikong Nanke Huatie Digital Technology 603300.SS | China | $1.34B | -31% | +12% | 5% | 1.29× | 9.8% | 5.3% |
| Altus AIF.TO | Canada | $1.26B | +15% | -7% | -2% | 5.50× | 28.5% | -2.2% |
| Haitong Unitrust International Financial Leasing 1905.HK | Hong Kong | $1.38B | +57% | -20% | 6% | 0.52× | 4.2% | 6.5% |
| Atlanticus ATLC | United States | $1.38B | +8% | +84% | 23% | 1.97× | 24.5% | 22.9% |
| Duskin 4665.T | Japan | $1.40B | +20% | +3% | 7% | 1.43× | 5.4% | 6.7% |
| Kanamoto 9678.T | Japan | $1.23B | +17% | +2% | 9% | 1.20× | 6.4% | 9.3% |
| Zigup ZIG.L | United Kingdom | $1.41B | +14% | +3% | 7% | 0.96× | 12.8% | 7.1% |
| Upbound UPBD | United States | $1.41B | +29% | +3% | 16% | 1.88× | 23.5% | 15.5% |
| Genertec Universal Medical 2666.HK | Hong Kong | $1.21B | -19% | 0% | 12% | 0.41× | 5.1% | 11.6% |
| Home First Finance Company India HOMEFIRST.NS | India | $1.21B | -10% | +19% | 14% | 2.45× | 31.6% | 14.3% |
| Ricoh Leasing Company,Ltd 8566.T | Japan | $1.20B | 0% | +4% | 5% | 0.77× | 4.3% | 5.3% |
| PROG PRG | United States | $1.47B | +4% | +10% | 17% | 1.82× | 23.0% | 17.3% |
| LOTTE rental 089860.KS | South Korea | $1.56B | +74% | +4% | 8% | 1.34× | 6.3% | 7.7% |
| Hotai Finance 6592.TW | Taiwan | $1.08B | -6% | -9% | 10% | 0.92× | 3.4% | 9.7% |
| SBFC Finance SBFC.NS | India | $1.08B | -5% | +28% | 14% | 2.52× | 31.2% | 13.6% |
| Sammaan Capital SAMMAANCAP.NS | India | $1.61B | -13% | -60% | -35% | 0.80× | 14.2% | n/a |
| Metro Bank MTRO.L | United Kingdom | $1.63B | +22% | +1% | 4% | 0.94× | 12.1% | 4.3% |
| Can Fin Homes CANFINHOME.NS | India | $1.05B | -16% | +8% | 19% | 1.55× | 29.3% | 19.4% |