In Win Development Inc. is a manufacturer specializing in mechanical and electro-mechanical engineering for computer hardware. The company produces PC chassis, server enclosures, power supplies, thermal solutions, and storage systems. It provides OEM and ODM services for gaming, enterprise, and data center applications, including AI infrastructure and high-performance computing environments. In Win was founded in 1985 and serves customers globally.

Summarised from the company's own disclosures, fiscal year ended Oct 2026

Industry Computer Hardware Homepage in-win.com
Sector Technology IR page in-win.com/en/investor
Tags
pc chassis, server enclosures, power supplies, thermal solutions, storage solutions, oem manufacturing, odm services, gaming hardware, data center infrastructure, ai infrastructure
Press page in-win.com/en/news

Metrics

Valuation  
Market cap NT$ 6.176B
P/E 34.74
P/BV 2.78
P/S 1.85
P/OCF 11.37
P/FCF —
Dividend yield —
Turnover / mcap —
Returns  
ROE 17.0%
ROI 15.6%
ROIC 16.5%
Profit margin 10.7%
Growth  
Revenue growing Yes
Profits growing No
Revenue up 3y No
Revenue up 5y No
Quality  
Profitable Yes
Margin expanding Yes
Buying back stock No
Diluting (TTM) No
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News sentiment (TTM) 12
Quality score 18.8%
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Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010
Revenue 3.222B 2.883B 2.369B 2.398B 2.311B 2.203B 2.062B 1.936B 1.923B 2.222B 2.121B 2.988B 3.153B 3.058B 3.519B 3.585B
Net profit 346.034M 368.414M 90.626M 54.729M -87.063M -76.364M -153.302M -190.95M 283.657M -169.58M -233.331M 37.982M 20.475M -38.435M 73.801M 53.863M

Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018 FY 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 FY 2010
Share price 82.4 91.8 76.7 13.85 19.2 17.2 — — — — — — — — — —
Price performance 12m -0.1 0.2 4.54 -0.28 0.12 — — — — — — — — — — —

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InWin

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News / Press Release

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InWin ModFree Series Wins Prestigious Red Dot Award: Product Design 2024

InWin Launches D5 E-ATX Mid-Tower PC Chassis Optimized airflow, sensible layout unrestricted access, and versatile insta

2024-03-18

Visit InWin at NAB 2024 April 14-17, 2024 LVCC, South Hall, Booth SL8098

Greetings, valued patrons and partners!

We’d like to formally invite you to the InWin booth at the NAB event in Las Vegas, Nevada, April 14-17. We’ll be in the Las Vegas Convention Center, South Hall at booth SL8098.

We are excited to make our return at NAB to showcase our various server/IPC barebone options. We will proudly showcase our newer models, from rackmounts to pedestals, from JBOD storage to even more complex AI workstations; we will happily assist you in finding the right product for your needs.

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InWin at COMPUTEX 2024 Powering the AI Hardware Ecosystem

InWin ModFree Mini – Build Small! Mod Big! The ModFree ecosystem now includes a compact, customizable mini-ITX chassis

2024-05-27

Visit InWin at COMPUTEX 2024 Return of the Signature Series and Out of This World AI Server Chassis

【Taoyuan, Taiwan, May 27th , 2024】In Win Development Inc. (InWin), a leading innovator in PC enthusiast and gaming hardware, as well as, a service provider for server and workstation system assembling, has announced its attendance at COMPUTEX 2024.

Join InWin at COMPUTEX 2024:

June 4th – 7th, 2024

Taipei Nangang Exhibition Hall 1, Booth J0806

InWin Signature Series is Back!

This year, InWin is going to launch its 11th generation signature series computer cases, taking incredible and eye-catching computer design to the next level and pushing it to the infinite extreme!

AI Server System Assembling Services for Enterprise and Industrial Applications

InWin will exhibit how its growing ODM business is becoming the backbone of the AI ecosystem with system assembly capabilities reaching Level 11 for server and workstation solutions that are ideal for building world-class AI servers for training and inference. Join us and discover our exciting booth design that will fly guests into space, allowing them to discover a new AI world.

ModFree Ecosystem

Following the growth of the ModFree Ecosystem this year, all the chassis’ will be exhibited together for the first time, in addition to its latest awards received from Taiwan Excellence and Red Dot, showing visitors the true power of innovative modular customization.

New ATX 3.1 Power Supplies

InWin will debut new power supplies with wattages ranging from mid to extreme performance, including a 2500W model ready for multi-GPU AI workstations.

New AIO and Modular Fans

Delivering a new fully modular fan series allows users to easily connect fans together side-by-side with USB Type-C connectivity. It features InWin’s unique blade design that cuts noise levels to just 25.5dB(A) while also delivering excellent performance. Additionally, chill out with the latest liquid cooling systems that include an integrated display, which can show real-time temperatures or even animations from inside the PC.

InWin _I_nnovation from
Inception to Integration

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Tag

  • LM120
  • L50 BREEZE
  • AEON
  • w series
  • DLITE Flex
  • COVALENT
  • W31
  • W50
  • IW-CS-DLITEPUR-4XM120
  • DLITE
  • shift

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Product Line

  • Gaming Chassis
  • iBuildiShare
  • Computer Chassis
  • Gaming Power Supply
  • PC Power Supply
  • IPC/Server
  • Cooling

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InWin Launches a Wide Range of New Cases & Cooling at COMPUTEX 2023

InWin Launches Its Foldable POC Mini-ITX Tower - The latest iBuildiShare series case you can shape yourself!

2023-05-22

Visit InWin at COMPUTEX 2023 – Experience InWin’s Next-Gen Tech

【Taoyuan, Taiwan, 22nd May 2023】After a three year hiatus, In Win Development Inc. (InWin), will rejoin COMPUTEX 2023 in full force. This year, InWin will showcase its growing range of high performance AIO cooling solutions, professional-grade cooling fans, new ATX 3.0 power supplies, updates to its iBuildiShare initiative, and exciting collaborative products with some of the PC industry’s top brands.

Chilling New Products

See InWin’s latest MR and TR series AIO liquid coolers that can really take the heat, chilling even the hottest chips down to the core. Cooling enthusiasts are in for a treat with the introduction of the new InWin Neptune fan series that’s destined to cool the hottest of hardware!

More to Build & Share
Following the successful launch of the InWin iBuildiShare initiative and introduction of the new POC, ModFree, and DUBILI chassis at CES 2023, InWin is growing each of these to include new products and styles.

ATX 3.0 PSUs Launch
Ready for the latest high performance graphics cards? InWin is launching its new ATX 3.0 PSU ranges, including the PII premium series, and newly announced PFII and VE lineups, supplying 750W to 1300W capacities and 80PLUS Gold efficiency rating.

Collaborations
InWin has collaborated with EKWB and ASRock Phantom Gaming to debut new case designs with unique capabilities based on its 327 and 515, respectively.

Prompts

In Win Development Inc. (ticker 6117.TW), listed in Taiwan.