Deswell Industries, Inc. logo

Deswell Industries, Inc.

DSWL

NASDAQTechnologyHardware, Equipment & Parts

Previous close

$3.19

+$0.07 · +2.24%

Aug 21, 4:00 PM ET

DSWL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

83

Deep Value

Momentum

61

Gaining

Sentiment

63

Bullish

Risk resilience

45

Elevated Risk

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Company profile

Company website

Deswell Industries, Inc. specializes in the production and sale of custom injection-molded plastic parts and components, various electronic products and subassemblies, as well as metallic molds and their related accessory parts. These offerings are primarily supplied to original equipment manufacturers (OEMs) and contract manufacturers. The company's operations are structured into two distinct divisions: Plastic Injection Molding and Electronic Products Assembling. Through its plastic molding division, Deswell manufactures an extensive array of plastic components used in both consumer and industrial products. This includes parts for electronic entertainment systems, power tools, accessories, and outdoor equipment; casings for items like flashlights, telephones, printers, and scanners; components for industrial machinery and indoor control switches; and elements for audio devices. The company further produces covers and key tops for personal organizers and remote controls, specialized double injection caps, medical product components (such as those for blood testing equipment), laser key caps, automotive parts, and plastic elements for automated robotic systems. The electronics division provides a diverse portfolio of products. This encompasses professional audio equipment, including digital and analogue mixing consoles, amplifiers, signal processors, audio interfaces, network audio devices, and speaker enclosures. It also delivers consumer audio solutions such such as multi-channel receivers-amplifiers and a variety of wired and wireless audio streaming products, in addition to printed circuit board assemblies (PCBAs) and Internet of Things (IoT) products. Deswell's products are sold across a wide geographical area, with key markets in China, the United States, Hong Kong, the United Kingdom, Norway, Holland, and Canada, alongside other international regions. Established in 1987, Deswell Industries, Inc. is based in Macau.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
MO
CEO
Kin Chung So
Listed since
Jul 19, 1995
Employees
854

Market position

Day range

Current $3.19

52-week range

Current $3.19

Open
$3.14
Previous close
$3.12
Volume
5.62K
0.48× average
Average volume
11.82K
Average daily volume
Market cap
50.67M USD
Beta
0.62
Market reference 1
50-day average
$3.428
-6.94% below average
200-day average
$3.4111
-6.48% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
24.54M USD
P/E (TTM)
4.76×
P/B (TTM)
0.46×
P/S (TTM)
0.83×
EV / EBITDA
6.73×
Earnings yield
22.32%
Free cash flow yield
9.90%
Dividend yield
12.54%

Profitability & efficiency

Gross margin
22.37%
Operating margin
3.53%
Net margin
17.33%
Return on equity
9.71%
Return on assets
8.18%
Return on invested capital
1.98%

Financial health

Debt / equity
Current ratio
5.25×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends24%16%9%1%Gross margin, FY2022: 16.32%Gross margin, FY2023: 16.56%Gross margin, FY2024: 20.04%Gross margin, FY2025: 20.18%Gross margin, FY2026: 22.37%Operating margin, FY2022: 3.23%Operating margin, FY2023: 3.72%Operating margin, FY2024: 5.46%Operating margin, FY2025: 3.59%Operating margin, FY2026: 3.53%Net margin, FY2022: 9.63%Net margin, FY2023: 2.66%Net margin, FY2024: 11.11%Net margin, FY2025: 16.47%Net margin, FY2026: 17.33%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 16.32%. Gross margin FY2023 16.56%. Gross margin FY2024 20.04%. Gross margin FY2025 20.18%. Gross margin FY2026 22.37%. Operating margin FY2022 3.23%. Operating margin FY2023 3.72%. Operating margin FY2024 5.46%. Operating margin FY2025 3.59%. Operating margin FY2026 3.53%. Net margin FY2022 9.63%. Net margin FY2023 2.66%. Net margin FY2024 11.11%. Net margin FY2025 16.47%. Net margin FY2026 17.33%.

Income trends

Revenue

61.33M USD-9.29%

Operating income

2.17M USD-10.91%

Net income

10.63M USD-4.59%
Income trends across reported periods93.83M USD60.46M USD27.09M USD−6.28M USDRevenue, FY2022: 85.49M USDRevenue, FY2023: 77.54M USDRevenue, FY2024: 69.37M USDRevenue, FY2025: 67.61M USDRevenue, FY2026: 61.33M USDOperating income, FY2022: 2.76M USDOperating income, FY2023: 2.89M USDOperating income, FY2024: 3.79M USDOperating income, FY2025: 2.43M USDOperating income, FY2026: 2.17M USDNet income, FY2022: 8.23M USDNet income, FY2023: 2.06M USDNet income, FY2024: 7.71M USDNet income, FY2025: 11.14M USDNet income, FY2026: 10.63M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 85.49M USD. Revenue FY2023 77.54M USD. Revenue FY2024 69.37M USD. Revenue FY2025 67.61M USD. Revenue FY2026 61.33M USD. Operating income FY2022 2.76M USD. Operating income FY2023 2.89M USD. Operating income FY2024 3.79M USD. Operating income FY2025 2.43M USD. Operating income FY2026 2.17M USD. Net income FY2022 8.23M USD. Net income FY2023 2.06M USD. Net income FY2024 7.71M USD. Net income FY2025 11.14M USD. Net income FY2026 10.63M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue61.33M USD67.61M USD69.37M USD77.54M USD85.49M USD
Cost of goods sold47.61M USD53.97M USD55.47M USD64.7M USD71.54M USD
Gross profit13.72M USD13.64M USD13.9M USD12.84M USD13.95M USD
Selling, general, and administrative11.55M USD11.28M USD10.5M USD10.97M USD11.14M USD
Operating expenses11.55M USD11.21M USD10.12M USD9.95M USD11.07M USD
Interest income1.05M USD669K USD282K USD245K USD
Depreciation and amortization1.48M USD1.52M USD1.52M USD1.71M USD1.74M USD
Operating income2.17M USD2.43M USD3.79M USD2.89M USD2.76M USD
Net income10.63M USD11.14M USD7.71M USD2.06M USD8.23M USD

Company facts updated Aug 24, 2026.

DSWL news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.19

2015 complete year-69.4% since 2006

2026 partial: $0.30

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 2, 2026

$0.30

Special

Record Jul 2, 2026 · Payment Jul 16, 2026

Dividend

Ex-dividend Dec 2, 2025

$0.10

Semi-Annual

Record Dec 2, 2025 · Payment Dec 23, 2025

Dividend

Ex-dividend Jul 3, 2025

$0.10

Semi-Annual

Record Jul 3, 2025 · Payment Jul 17, 2025

Dividend

Ex-dividend Dec 2, 2024

$0.10

Semi-Annual

Record Dec 2, 2024 · Payment Dec 23, 2024

Dividend

Ex-dividend Jul 5, 2024

$0.10

Semi-Annual

Record Jul 5, 2024 · Payment Jul 19, 2024

Dividend

Ex-dividend Nov 30, 2023

$0.10

Semi-Annual

Record Dec 1, 2023 · Payment Dec 21, 2023

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