TSEC Corporation (6443.TW)
New Taipei City, TW
TSEC Corporation specializes in the solar energy sector, focusing on the development, manufacturing, and global distribution of photovoltaic cells and modules. Its market reach spans key regions including Taiwan, Japan, the United States, Europe, and China, alongside other international territories. Beyond production, the company offers a comprehensive suite of services, encompassing the construction and management of power plants, leasing of solar generation equipment, direct sale of electricity it produces, and various energy technology solutions. The firm was founded in 2010 and maintains its principal office in New Taipei City, Taiwan.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +4.56% | -3.37% | +2.82% | +1.65% | +203.79% | +43.73% | +146.77% | +16.43% | +30.36% | +104.59% | +28.65% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2024-11 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Solar: +18.1%-59.6% Q1'26: -45.3% (vs Q1'25)
-
EPS growth Solar: +43.7%-433.3% Q1'26: +13.0% (vs Q1'25)
-
FCF margin FCF growth · Solar: +87.8%-106.8% Q1'26: -29.3% (vs Q1'25)
-
EBIT margin Solar: +4.0%-157.4% Q1'26: -18.7% (vs Q1'25)
-
ROIC Solar: +1.3%-52.3% Q1'26: -5.5% (vs Q1'25)
-
Share dilution Solar: 0.0%0.0% ★ Q1'26: -0.2% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Solar: 0.12×-1.13× Q1'26: 63.59× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
7.14B
est: 7.13B (+0.1%)
|
7.75B
est: 7.78B (-0.3%)
|
6.64B
est: 6.71B (-1.1%)
|
3.83B
est: 3.90B (-1.8%)
|
4.44B
est: 4.44B (+0.1%)
|
4.62B
est: 4.80B (-3.6%)
|
6.16B
est: 6.08B (+1.2%)
|
9.01B
est: 8.89B (+1.3%)
|
8.26B
est: 8.48B (-2.6%)
|
4.52B
est: 4.95B (-8.8%)
|
1.83B
est: 9.69B (-81.2%)
|
1.52B
1.52B – 1.52B
-84.3% YoY
|
| EBITDA |
761.81M
est: 702.51M (+8.4%)
|
723.82M
est: 766.56M (-5.6%)
|
-114.91M
est: 660.97M (-117.4%)
|
-336.89M
est: 384.26M (-187.7%)
|
684.46M
est: 437.17M (+56.6%)
|
365.46M
est: 472.74M (-22.7%)
|
647.03M
est: 599.29M (+8.0%)
|
835.33M
est: 875.76M (-4.6%)
|
1.43B
est: 835.58M (+71.5%)
|
191.10M
est: -580.53M (+132.9%)
|
-2.23B
est: -1.14B (-96.7%)
|
-178.26M
-178.26M – -178.26M
+84.3% YoY
|
| EBIT |
231.85M
est: -61.64M (+476.1%)
|
127.23M
est: -67.26M (+289.2%)
|
-829.90M
est: -58.00M (-1,331.0%)
|
-1.11B
est: -33.72M (-3,192.7%)
|
-30.90M
est: -38.36M (+19.5%)
|
-209.36M
est: -41.48M (-404.7%)
|
135.30M
est: -52.58M (+357.3%)
|
254.22M
est: -76.84M (+430.8%)
|
547.23M
est: -73.32M (+846.4%)
|
-520.63M
est: -988.81M (+47.3%)
|
-2.87B
est: -1.93B (-48.5%)
|
-303.63M
-303.63M – -303.63M
+84.3% YoY
|
| Net Income |
171.89M
est: 334.95M (-48.7%)
|
12.92M
est: -57.12M (+122.6%)
|
-950.97M
est: -957.95M (+0.7%)
|
-1.16B
est: -1.61B (+28.3%)
|
-200.42M
est: -179.72M (-11.5%)
|
-284.87M
est: -211.67M (-34.6%)
|
46.32M
est: -30.19M (+253.4%)
|
189.65M
est: 222.98M (-14.9%)
|
527.27M
est: 591.42M (-10.8%)
|
-600.25M
est: 466.59M (-228.6%)
|
-3.20B
est: 1.46B (-318.9%)
|
205.09M
205.09M – 205.09M
-86.0% YoY
|
| SGA |
331.27M
est: 388.98M (-14.8%)
|
270.78M
est: 424.44M (-36.2%)
|
333.03M
est: 365.98M (-9.0%)
|
303.35M
est: 212.77M (+42.6%)
|
266.49M
est: 242.06M (+10.1%)
|
353.39M
est: 261.76M (+35.0%)
|
294.44M
est: 331.83M (-11.3%)
|
338.10M
est: 484.91M (-30.3%)
|
412.18M
est: 462.66M (-10.9%)
|
275.87M
est: 325.72M (-15.3%)
|
242.15M
est: 637.29M (-62.0%)
|
100.02M
100.02M – 100.02M
-84.3% YoY
|
| EPS |
0.74
est: 0.65 (+13.3%)
|
0.04
est: -0.11 (+137.8%)
|
-3.09
est: -1.87 (-65.4%)
|
-3.49
est: -3.15 (-10.9%)
|
-0.57
est: -0.35 (-62.6%)
|
-0.73
est: -0.41 (-76.8%)
|
0.10
est: -0.06 (+269.9%)
|
0.41
est: 0.43 (-5.7%)
|
1.07
est: 1.15 (-7.2%)
|
-1.17
est: 0.91 (-228.6%)
|
-6.24
est: 2.85 (-318.9%)
|
0.40
0.40 – 0.40
-86.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-18 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-15 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-14 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-13 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-12 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-11 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Invesco Solar Energy UCITS ETF ISUN.L | 1.16% | 2.38M | 0.69% |
| 2 | Invesco Global Clean Energy UCITS ETF GCED.L | 0.81% | 1.13M | 0.60% |
| 3 | Invesco Global Clean Energy UCITS ETF GCLE.L | 0.81% | 1.13M | 0.60% |
| 4 | Global X - Solar UCITS ETF RAYZ.L | 0.49% | 53.0K | 0.50% |
| 5 | iShares Global Clean Energy ETF ICLN | 0.40% | 10.30M | 0.39% |
| 6 | iShares Global Clean Energy Transition UCITS ETF INRG.SW | 0.39% | 13.31M | 0.65% |
| 7 | iShares Global Clean Energy Transition UCITS ETF INRA.AS | 0.39% | 1.80M | 0.65% |
| 8 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.03% | 36.9K | 0.42% |
| 9 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.03% | 218.2K | 0.65% |
| 10 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.02% | 2.35M | 0.06% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Kuo-Ron Liao | Executive Chairman | 10M | male |
| Wei-Ran Liao | Interim President & Director | 6M | male |
| Wei-Jan Liao | Executive VP & Director | 5M | male |
| Zhi-Hao Chiang | Vice President | 4M | male |
| Liang-Kai Wang | Senior Vice President | 4M | male |
| Henry Jiang | Senior Vice President | 4M | — |
| Ming-Hua Li | Finance Head | — | female |
| Jeng-Tzung Chen | Director of Audit | — | — |
| Cheng-Ye Yu | Deputy General Manager | — | — |
| Wei-Che Chang | Accounting Supervisor | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 6443.TW
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
