TECO Electric & Machinery Co Ltd - Company Profile
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TECO Electric & Machinery Co Ltd (TECO) specializes in heavy electrical equipment, green energy, and home appliances. The company offers products such as electromechanical products, power transmission and distribution systems, power management systems, high-efficiency motors and energy-saving systems, electric vehicle powertrains, robotic joint module systems, industrial automation products, air conditioning and smart home appliances. TECO’s solutions include green energy engineering solutions, power plant operation and management solutions, industrial control automation solutions, smart commercial HVAC energy solutions, data center solutions, mechanical and electrical engineering solutions and electric vehicle powertrain solutions. It serves industrial and manufacturing, green energy and electric utilities, and engineering and construction sectors. It has operations across Asia, Europe, the Americas, and Oceania. TECO is headquartered in Taipei, Taiwan.
Headquarters
Taiwan
Address
5f, No. 19-9, San Chong Road, Nangang District, Taipei, Taipei , 115
Website
www.teco.com.tw
Telephone
886 2 26553333
No of Employees
14,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
1504 (TPE)
Revenue (2024)
$1.9B
7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-9.1%
(2024 vs 2023)
Market Cap*
$5.0B
Net Profit Margin (2024)
XYZ
-15.0%
(2024 vs 2023)
* As of and is in US$
TECO Electric & Machinery Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electromechanical Products | Solutions: |
| Power Transmission and Distribution Systems | TECO Energy Service |
| Power Management System | Green Energy Engineering Solutions |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Financing Agreements | In June, TECO Australia & New Zealand invested in the Seaspray Solar + Battery Energy Storage System (BESS) project in Victoria, Australia. |
| 2026 | Acquisitions/Mergers/Takeovers | In May, the company acquired a 78% stake in Dynaciate Engineering Sdn. Bhd. |
| 2026 | Corporate Changes/Expansions | In April, TECOBAR opened its new busway manufacturing plant, TECOBAR SMARTPOWER SOLUTION SDN. BHD. in Penang, Malaysia. |
Competitor Comparison
| Key Parameters | TECO Electric & Machinery Co Ltd | Delta Electronics Inc | Tatung Co Ltd | Shihlin Electric & Engineering Corp | Hiwin Technologies Corp |
|---|---|---|---|---|---|
| Headquarters | Taiwan | Taiwan | Taiwan | Taiwan | Taiwan |
| City | Taipei | Taipei | Taipei | Taipei | Taichung |
| State/Province | Taipei | - | Taipei | Taipei | - |
| No. of Employees | 14,000 | 68,000 | 32,222 | 3,921 | 6,268 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Morris Li | Chairman | Executive Board | 2024 | - |
| Pamela Wu | Chief Operating Officer; Vice Chairman | Executive Board | 2024 | - |
| Da-Jeng Yao | Chief Technology Officer | Senior Management | 2025 | - |
| Andy Liu | Assistant Vice President; Chief Financial Officer | Senior Management | 2024 | - |
| Fei-Yuan Kao | President | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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