Solomon Technology Corporation
Solomon Technology Corporation (TAI: 2359) is trading at NT$128.50, about ₹388 at today's TWD/INR rate, as of 30 Sep 2026, 1:30 AM ET. Solomon Technology is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$128.00
Today's high
NT$129.50
52 week low
NT$105.00
52 week high
NT$183.00
2359 opened at NT$129.00, closed previously at NT$128.50, and has traded between NT$105.00 and NT$183.00 over the past 52 weeks.
About
Solomon Technology Corporation operates as a key distributor of electronic components, primarily serving the markets of the Asia-Pacific region and mainland China. The company offers an extensive and diverse product portfolio focused on industrial automation and control. This includes essential components for circuit and load protection, condition monitoring, connectivity solutions, and power management (such as power supplies, drives, and motors). They also provide sophisticated human-machine interfaces, independent cart technology, industrial computers and monitors, and a variety of input/output modules. Further offerings span lighting control, motion and motor control systems, network security and infrastructure components, and various packaged industrial solutions. Solomon Technology supplies programmable controllers, relays, timers, push buttons, signaling devices, and comprehensive safety products including safety instrumented systems, sensors, switches, and signal interfaces, all supported by relevant software. Beyond these core components, the company also delivers advanced automation solutions. These encompass sophisticated industrial networking devices and data acquisition systems, cutting-edge machine vision products, and complete system integration for robotics. The latter involves specialized applications like automated wear belt machines, robot tracking synchronization systems, glue dispensing machines, and pick-and-place trolleys. Additionally, they provide industrial networking products, along with robotic arms and adaptive grippers designed for diverse robot applications. Their offerings further extend to LCD products, a wide array of general electronic components, and comprehensive ODM (Original Design Manufacturer) and OEM (Original Equipment Manufacturer) services. This diverse range also includes light control systems, and surprisingly, smart trash cans, hand dryers, and soap dispensers, complemented by a selection of related accessories. Established in 1973, Solomon Technology Corporation maintains its headquarters in Taipei, Taiwan.
Key statistics
Avg. volume
6.42M
Market cap
NT$22.02B
P/E Ratio
19.18
Price-to-sales ratio
5.09
Enterprise value
NT$22.98B
Free cash flow yield
1.19%
Debt-to-equity ratio
0.14
Return on equity
3.66%
ROIC
0.79%
Beta
0.91
Dividend yield
0.78%
Last dividend
NT$1.00
Financial overview
Revenue
NT$4.25B
Earnings per share
NT$1.23
Free cash flow
NT$289.13M
Net profit margin
26.60%
Gross margin
22.11%
EBITDA
NT$138.48M
Revenue growth
21.27%
Similar securities
This is not an investment recommendation
Solomon Technology for Indian investors
Solomon Technology is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Solomon Technology for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Solomon Technology’s current yield is 0.78%.Dividend tax explained
FAQs
Can I buy Solomon Technology on Paasa?
Solomon Technology (2359) has been listed on the Taiwan Stock Exchange since 2000, in the Hardware, Equipment & Parts industry. Solomon Technology is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Solomon Technology share cost in rupees?
One Solomon Technology share is NT$128.50 — about ₹388 at a TWD/INR rate of 3.02 on 29 Sep 2026. Both the Solomon Technology price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Solomon Technology shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Solomon Technology price.
Does Solomon Technology pay a dividend, and how is it taxed in India?
Yes. Solomon Technology pays a dividend and the current yield is 0.78%; the last declared dividend was NT$1.00 per share, about ₹3.02. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Solomon Technology shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Solomon Technology?
Yes. Solomon Technology is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.