Susen Green Energy Co., Ltd.
NT$115.50
As of Sun 8 Nov 2026, 12:00 UTC
TPEx:7931
Utilities
Country
Taiwan
PE (Fwd)
•••
TSR 10Y CAGR
—
Div yield
—
ROE
—
Utilities (Renewable)
Beta (5Y)
—
PE TTM
—
TSR TTM
—
Mkt cap
—
ROIC
—
SE Grade™
—
Value
☆☆☆
Quality
★☆☆
Moat
☆☆☆
Consensus
Reference
NT$127
NT$95
10.38%
(18.11%)
Hold
11|12|1|11|7
4Q25
1Q26
2Q26
3Q26
Earnings per share
NT$
1.93
1.91
2.07
2.15
31.04%
23.44%
25.51%
24.96%
Revenue
NT$B
4.015
3.970
3.917
4.024
6.64%
0.70%
2.22%
0.71%
TTM
FYE 31 Dec
TWD
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026E
Trend
5Y
10Y
Peers
14.19
Revenue
NT$B
11.45
11.62
12.06
12.57
12.56
12.84
13.14
13.47
13.78
13.82
15.89
1.92%
2.31%
89
18.29
Revenue growth
%
6.85
9.35
7.89
7.36
5.36
7.80
6.93
6.66
4.77
4.56
15.35
6.66
6.89
44
18.90
Gross margin
%
23.29
23.83
22.55
19.69
21.28
21.09
19.91
19.32
17.24
15.72
7.95
19.32
20.50
47
7.62
Operating margin
%
19.26
16.29
17.52
17.67
15.91
13.47
11.64
10.75
9.65
7.50
29.74
10.75
14.69
8
27.38
Net margin
%
29.63
30.04
32.46
34.10
32.99
30.94
33.70
34.12
35.86
34.88
28.24
34.12
33.35
80
21.43
P/E ratio (avg)
x
17.14
16.77
15.71
14.19
14.63
14.92
14.54
15.41
14.49
15.45
24.18
14.92
15.17
37
30.85
EV/EBIT
x
18.50
18.28
18.45
19.87
22.52
23.74
22.80
22.21
24.63
26.21
17.44
23.74
22.37
89
17.48
FCF yield (avg)
%
26.28
28.75
26.07
24.57
25.73
25.16
22.33
25.11
22.83
21.55
25.91
22.83
25.13
71
12.96
FCF margin
%
8.34
10.33
11.98
11.97
11.45
11.97
9.21
9.76
10.74
9.73
15.84
9.76
10.53
72
1.037
FCF / Net income
x
0.119
0.125
0.132
0.118
0.127
0.142
0.128
0.130
0.142
0.154
1.675
0.142
0.129
53
25.13
ROIC
%
7.68
6.86
9.75
9.67
10.78
13.33
11.12
11.48
8.58
7.89
8.72
11.12
9.71
64
10.58
Return on equity
%
22.09
22.35
24.94
26.36
24.51
24.53
24.69
23.09
23.17
24.84
21.03
24.53
24.52
55
23.02
Return on assets
%
17.53
16.59
14.77
17.67
19.05
19.07
19.06
19.68
19.32
19.87
15.86
19.32
19.05
12
13.75
EPS
NT$
7.10
6.68
7.22
6.70
6.40
5.76
4.95
5.14
5.18
5.04
15.32
(4.68%)
(3.44%)
—
15.30
EPS growth
%
17.28
19.82
19.07
19.58
21.15
20.09
17.76
17.99
18.14
18.88
12.44
18.14
18.97
11
15.50
Bookvalue per sh
NT$
5.03
5.53
5.51
5.53
5.00
4.65
5.11
5.21
5.33
5.22
8.66
0.87%
(0.57%)
—
14.16
FCF per share
NT$
14.18
15.87
14.95
14.81
14.70
14.17
13.93
15.50
16.08
14.87
8.45
0.23%
1.81%
—
11.44
Dividend per sh
NT$
10.78
11.91
12.99
13.66
13.82
14.65
16.03
15.24
15.03
14.24
11.64
0.60%
3.36%
—
23.27
Div yield (avg)
%
21.10
23.76
24.01
25.34
24.02
26.28
25.90
28.17
25.34
24.82
10.21
25.90
25.08
84
18.83
Payout ratio
%
28.11
29.39
27.69
25.79
27.80
29.61
31.90
32.82
34.32
33.46
19.14
32.82
29.50
63
273.9
Shares (diluted)
M
305.9
342.4
378.9
408.8
465.4
482.8
503.1
536.7
565.6
598.7
272.1
5.17%
8.32%
89
21.08
Buyback yield
%
19.71
18.29
20.87
23.78
20.84
22.97
21.89
22.66
24.93
22.92
4.96
22.92
22.27
70
0.888
D/E ratio
x
0.294
0.335
0.341
0.335
0.387
0.401
0.459
0.466
0.514
0.556
1.369
0.466
0.394
80
12.90
Enterprise value
NT$B
11.12
11.86
12.87
12.82
11.35
12.28
13.51
14.51
15.81
16.33
2.574
7.54%
3.47%
21
3.722
LT debt
NT$B
6.889
6.935
6.833
5.970
6.247
6.595
6.025
5.640
5.558
5.003
7.656
(4.34%)
(4.39%)
86
Peers (US$82.61M)
Cap (US$)
PE
Ina Energy Corporation
129.4M
18.11x
WHOLE Sun Green Power…
110.4M
—
Santi Renewable Energy…
71.39M
—
Viet Nam Power…
87.16M
9.496x
Capital
TTM
5Y
10Y
Leverage
x
1.800
0.360
0.299
EBIT/Int
x
0.214
0.066
0.076
Own earn
%
(19.34)
52.79
28.03
Sh yield
%
44.35
49.25
47.76
Owners
Insiders/Inst
%
13.21
58.96
Short interest
%
5.18
SBC / revenue
%
2.47
Record
10Y
Profitable years
10/10
Revenue growth years
10/10
EPS growth years
10/10
Dividend streak
yrs
16
Op margin range
%
7–19
$1 test
x
—
Incr. ROIC
%
2
Susen Green Energy Co., Ltd. operates as a renewable energy platform in Taiwan.
Growth vs revenue
Latest
Trend
10Y CAGR
Rel growth
Revenue
NT$13.82B
2.31%
1.00×
Cost of revenue
NT$9.672B
2.31%
1.00×
Operating expenses
NT$3.018B
2.29%
1.00×
Asset mix
Top 3 53%
Trend
Receivables
18.93%
Inventory
18.86%
Goodwill & intangibles
15.44%
Reinvestment returns
10Y median
Trend
Reinvestment rate
22.63%
Return on capital
9.29%
Spread over hurdle
5.93%