National Aerospace Fasteners (3004) Q2 2026 earnings summary

Executive summary

• Revenue for 2024 reached NT$4,055 million, up 15.8% year-over-year; net income was NT$331 million, down 12%.

• Gross margin declined to 24.5% from 27.7% due to higher costs and expenses.

• The company remains a leading aerospace fastener supplier, with 99.56% of sales from exports.

• Major investments in capacity expansion and R&D continue, with a focus on dual production sites for supply chain resilience.

Financial highlights

• Operating income for 2024 was NT$473 million, up 1.2% year-over-year.

• EPS for 2024 was NT$5.85, down from NT$6.88 in 2023.

• Cash and equivalents at year-end were NT$225 million.

• Total assets increased 27.7% to NT$8,058 million; equity rose 33.4% to NT$3,639 million.

• Operating cash flow for 2024 was NT$137 million.

Outlook and guidance

• The company expects continued growth driven by global aerospace demand and after-market services.

• Ongoing investments in automation, R&D, and overseas expansion are planned.

• Management targets further improvement in energy efficiency and carbon reduction.