Home / 3521.TWO : TWO

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does 3521.TWO make money? Does 3521.TWO have pricing power? What's the Earnings Whisper? Will 3521.TWO profit more as the business scales? What is 3521.TWO's management track record? Is 3521.TWO's current price justified?

TSG Development Co., Ltd.

TWD 12.05 -$1.95 (-13.93%)

TWO · 15 Sep 2026 05:11 UTC

Previous Close

TWD 12.2

Day Range

TWD 12.05TWD 12.3

Year Range

TWD 11.05TWD 17.45

Market Cap

2.24B

AVG Volume

82.45K

Trailing/Forward PE

5.91/-

PEG ratio

Dividend Yield

Next Earnings Date

Primary Exchange

Taipei Exchange

Revenue (TWD)

3521.TWO Revenue (TWD) by year
Period	Revenue (TWD)
2025	246.81M
2024	155.9M
2023	276.12M

Net Income (TWD)

3521.TWO Net Income (TWD) by year
Period	Net Income (TWD)
2025	-9.17M
2024	-81.99M
2023	-192M

Operating Income (TWD)

3521.TWO Operating Income (TWD) by year
Period	Operating Income (TWD)
2025	-27.84M
2024	-154.95M
2023	-135.98M

EBITDA (TWD)

3521.TWO EBITDA (TWD) by year
Period	EBITDA (TWD)
2025	33.39M
2024	-58.41M
2023	-145.95M

Cash Flows (TWD)

3521.TWO Cash Flows (TWD) by year
Period	Cash Flows (TWD)
2025	69.94M
2024	-72.44M
2023	-2.52M

EPS (TWD)

3521.TWO EPS (TWD) by year
Period	EPS (TWD)
2025	-0.26
2024	-1.04
2023	-2.71

Expenses (TWD)

3521.TWO Expenses (TWD) by year
Period	Expenses (TWD)
2025	75.85M
2024	145.27M
2023	155.32M

Cash & Debt (TWD)

3521.TWO Cash & Debt (TWD) by year
Period	Cash & Debt (TWD)
2025	822.23M
2024	724.69M
2023	285.19M

Debt ratios

3521.TWO Debt ratios by year
Period	Debt ratios
2025	2.37
2024	5.36
2023	1.5

Margins

3521.TWO Margins by year
Period	Margins
2025	19.08%
2024	-11.87%
2023	11.37%

Return on Capital

3521.TWO Return on Capital by year
Period	Return on Capital
2025	-0.62%
2024	-6.44%
2023	-29.77%

Shares Outstanding

3521.TWO Shares Outstanding by year
Period	Shares Outstanding
2025	129.67M
2024	78.27M
2023	73.83M

Dividends (TWD)

3521.TWO Dividends (TWD) by year
Period	Dividends (TWD)
2008	2.3

Book Value Per Share (TWD)

3521.TWO Book Value Per Share (TWD) by year
Period	Book Value Per Share (TWD)
2025	11.35
2024	16.26
2023	8.74

Total Assets (TWD)

3521.TWO Total Assets (TWD) by year
Period	Total Assets (TWD)
2025	1.8B
2024	1.7B
2023	1.21B

PE Ratio

3521.TWO PE Ratio by year
Period	PE Ratio
Sep 26	5.26
Sep 26	5.18
Sep 26	5.22
Aug 26	5.28
Aug 26	5.24
Aug 26	5.28
Aug 26	5.28
Jul 26	5.33
Jul 26	5.26
Jul 26	5.26
Jul 26	5.87
Jul 26	5.57

Free Cash Flow Yield

3521.TWO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	5.08%
Sep 26	5.16%
Sep 26	5.12%
Aug 26	5.06%
Aug 26	5.1%
Aug 26	5.06%
Aug 26	5.06%
Jul 26	5.01%
Jul 26	5.08%
Jul 26	5.08%
Jul 26	4.55%
Jul 26	4.8%
Jun 26	4.48%
Jun 26	4.3%
Jun 26	4.26%
Jun 26	4.3%
May 26	4.46%
May 26	4.13%
May 26	4.12%
May 26	3.94%
Apr 26	3.88%
Apr 26	3.83%
Apr 26	3.71%
Apr 26	3.89%
Apr 26	4.21%
Mar 26	1%
Mar 26	0.92%
Mar 26	0.98%
Mar 26	0.92%
Feb 26	0.91%
Feb 26	0.88%
Feb 26	0.84%
Jan 26	0.94%
Jan 26	0.99%
Jan 26	0.95%
Jan 26	0.93%
Jan 26	0.99%
Dec 25	10.76%
Dec 25	10.31%
Dec 25	9.09%
Dec 25	10.06%
Nov 25	10.27%
Nov 25	12.36%
Nov 25	12.31%
Nov 25	12.52%
Oct 25	12.46%
Oct 25	12.52%
Oct 25	12.36%
Oct 25	12.26%
Oct 25	12.05%
Sep 25	9.22%
Sep 25	9.26%
Sep 25	9.19%
Sep 25	9.19%
Aug 25	9.22%
Aug 25	9.15%
Aug 25	9.19%
Aug 25	8.96%
Aug 25	9.46%
Jul 25	9.38%
Jul 25	8.85%
Jul 25	9.03%
Jul 25	9.67%
Jun 25	-7.62%
Jun 25	-7.81%
Jun 25	-7.71%
Jun 25	-6.76%
May 25	-6.81%
May 25	-7.81%
May 25	-7.78%
May 25	-7.65%
May 25	-7.91%
Apr 25	-7.84%
Apr 25	-7.68%
Apr 25	-7.71%
Apr 25	-6.47%
Mar 25	-5.94%
Mar 25	-5.69%
Mar 25	-5.69%
Mar 25	-5.34%
Feb 25	-5.29%
Feb 25	-5.26%
Feb 25	-5.19%
Feb 25	-5.26%
Jan 25	-5.18%
Jan 25	-5.15%
Jan 25	-5.01%
Jan 25	-4.6%
Dec 24	-13.38%
Dec 24	-13.45%
Dec 24	-13.42%
Dec 24	-11.98%
Nov 24	-13.14%
Nov 24	-14.56%
Nov 24	-14.69%
Nov 24	-15.12%
Nov 24	-14.95%
Oct 24	-14.28%
Oct 24	-14.24%
Oct 24	-15.03%

Price to Sales

3521.TWO Price to Sales by year
Period	Price to Sales
Sep 26	7.44
Sep 26	7.32
Sep 26	7.38
Aug 26	7.47
Aug 26	7.41
Aug 26	7.47
Aug 26	7.47
Jul 26	7.53
Jul 26	7.44
Jul 26	7.44
Jul 26	8.29
Jul 26	7.87
Jun 26	6.33
Jun 26	6.59
Jun 26	6.65
Jun 26	6.59
May 26	6.36
May 26	6.86
May 26	6.88
May 26	7.2
Apr 26	7.3
Apr 26	7.41
Apr 26	7.64
Apr 26	7.28
Apr 26	6.73
Mar 26	7.53
Mar 26	8.18
Mar 26	7.66
Mar 26	8.15
Feb 26	8.29
Feb 26	8.53
Feb 26	8.94
Jan 26	7.99
Jan 26	7.61
Jan 26	7.88
Jan 26	8.04
Jan 26	7.61
Dec 25	7.53
Dec 25	7.87
Dec 25	8.92
Dec 25	8.06
Nov 25	7.89
Nov 25	6.56
Nov 25	6.59
Nov 25	6.48
Oct 25	6.5
Oct 25	6.48
Oct 25	6.56
Oct 25	6.61
Oct 25	6.73
Sep 25	12.26
Sep 25	12.21
Sep 25	12.31
Sep 25	12.31
Aug 25	12.26
Aug 25	12.36
Aug 25	12.31
Aug 25	12.62
Aug 25	11.95
Jul 25	12.05
Jul 25	12.77
Jul 25	12.51
Jul 25	11.69
Jun 25	6.1
Jun 25	5.95
Jun 25	6.02
Jun 25	6.88
May 25	6.83
May 25	5.95
May 25	5.97
May 25	6.07
May 25	5.87
Apr 25	5.92
Apr 25	6.05
Apr 25	6.02
Apr 25	7.18
Mar 25	6.76
Mar 25	7.06
Mar 25	7.06
Mar 25	7.53
Feb 25	7.6
Feb 25	7.65
Feb 25	7.74
Feb 25	7.65
Jan 25	7.76
Jan 25	7.81
Jan 25	8.02
Jan 25	8.74
Dec 24	6.81
Dec 24	6.78
Dec 24	6.8
Dec 24	7.61
Nov 24	6.94
Nov 24	6.26
Nov 24	6.21
Nov 24	6.03
Nov 24	6.1
Oct 24	6.39
Oct 24	6.4
Oct 24	6.07

EV/EBITDA

3521.TWO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	17.56
Sep 26	16.89
Sep 26	17.23
Aug 26	17.73
Aug 26	17.4
Aug 26	17.73
Aug 26	17.73
Jul 26	18.07
Jul 26	17.56
Jul 26	17.56
Jul 26	22.27
Jul 26	19.92
Jun 26	30.69
Jun 26	32.63
Jun 26	33.02
Jun 26	32.63
May 26	30.88
May 26	34.57
May 26	34.76
May 26	37.09
Apr 26	37.87
Apr 26	38.65
Apr 26	40.4
Apr 26	37.68
Apr 26	33.6

Price/Operating Cashflow

3521.TWO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	19.56
Sep 26	19.24
Sep 26	19.4
Aug 26	19.64
Aug 26	19.48
Aug 26	19.64
Aug 26	19.64
Jul 26	19.8
Jul 26	19.56
Jul 26	19.56
Jul 26	21.81
Jul 26	20.69
Jun 26	22.05
Jun 26	22.96
Jun 26	23.15
Jun 26	22.96
May 26	22.14
May 26	23.88
May 26	23.97
May 26	25.07
Apr 26	25.43
Apr 26	25.8
Apr 26	26.62
Apr 26	25.34
Apr 26	23.42
Mar 26	87.05
Mar 26	94.59
Mar 26	88.62
Mar 26	94.27
Feb 26	95.84
Feb 26	98.67
Feb 26	103.39
Jan 26	92.39
Jan 26	87.99
Jan 26	91.13
Jan 26	93.02
Jan 26	87.99
Dec 25	9.16
Dec 25	9.57
Dec 25	10.85
Dec 25	9.8
Nov 25	9.6
Nov 25	7.98
Nov 25	8.01
Nov 25	7.88
Oct 25	7.91
Oct 25	7.88
Oct 25	7.98
Oct 25	8.05
Oct 25	8.18
Sep 24	62.63
Sep 24	60.48
Sep 24	55.87
Sep 24	55.54
Aug 24	57.02
Aug 24	58.34
Aug 24	59.33
Aug 24	60.48
Aug 24	63.45
Jul 24	61.64
Jul 24	63.61
Jul 24	65.26
Jul 24	67.57
Jun 24	189.47
Jun 24	197.64
Jun 24	176.49
Jun 24	185.14
May 24	190.43
May 24	190.91
May 24	188.99
May 24	197.64
May 24	201.97
Apr 24	201.01
Apr 24	197.64
Apr 24	207.26
Apr 24	218.32
Mar 24	46.56
Mar 24	45.36
Mar 24	46.01
Mar 24	41.65
Mar 24	45.14
Feb 24	46.78
Feb 24	47.98
Feb 24	47.32
Feb 24	48.41
Jan 24	50.59
Jan 24	46.78
Jan 24	44.92
Jan 24	42.53
Dec 23	42.09

Price to Book

3521.TWO Price to Book by year
Period	Price to Book
Sep 26	1.01
Sep 26	1
Sep 26	1
Aug 26	1.02
Aug 26	1.01
Aug 26	1.02
Aug 26	1.02
Jul 26	1.03
Jul 26	1.01
Jul 26	1.01
Jul 26	1.13
Jul 26	1.07
Jun 26	1.06
Jun 26	1.11
Jun 26	1.11
Jun 26	1.11
May 26	1.07
May 26	1.15
May 26	1.15
May 26	1.21
Apr 26	1.22
Apr 26	1.24
Apr 26	1.28
Apr 26	1.22
Apr 26	1.13
Mar 26	1.39
Mar 26	1.51
Mar 26	1.42
Mar 26	1.51
Feb 26	1.53
Feb 26	1.58
Feb 26	1.65
Jan 26	1.48
Jan 26	1.41
Jan 26	1.46
Jan 26	1.49
Jan 26	1.41
Dec 25	1.34
Dec 25	1.4
Dec 25	1.59
Dec 25	1.44
Nov 25	1.41
Nov 25	1.17
Nov 25	1.17
Nov 25	1.15
Oct 25	1.16
Oct 25	1.15
Oct 25	1.17
Oct 25	1.18
Oct 25	1.2
Sep 25	0.76
Sep 25	0.75
Sep 25	0.76
Sep 25	0.76
Aug 25	0.76
Aug 25	0.76
Aug 25	0.76
Aug 25	0.78
Aug 25	0.74
Jul 25	0.74
Jul 25	0.79
Jul 25	0.77
Jul 25	0.72
Jun 25	0.75
Jun 25	0.73
Jun 25	0.74
Jun 25	0.84
May 25	0.84
May 25	0.73
May 25	0.73
May 25	0.74
May 25	0.72
Apr 25	0.73
Apr 25	0.74
Apr 25	0.74
Apr 25	0.88
Mar 25	1.79
Mar 25	1.87
Mar 25	1.87
Mar 25	1.99
Feb 25	2.01
Feb 25	2.02
Feb 25	2.05
Feb 25	2.02
Jan 25	2.06
Jan 25	2.07
Jan 25	2.12
Jan 25	2.31
Dec 24	2.22
Dec 24	2.21
Dec 24	2.22
Dec 24	2.48
Nov 24	2.26
Nov 24	2.04
Nov 24	2.03
Nov 24	1.97
Nov 24	1.99
Oct 24	2.08
Oct 24	2.09
Oct 24	1.98

No video analysis for this stock yet. Request one from our team.

AI Analysis

TSG Development Co., Ltd.

Video analysis: 3521.TWO

Similar companies