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H

Hiroca Holdings 1338.TW · TWD

Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan

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13.55

+5.04%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 5.23bn

FY2016FY2025

Net income

−TWD 182.3m

FY2016FY2025

Free cash flow

−TWD 272.7m

FY2016FY2025

Shareholders' equity

TWD 5.82bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 5.23bnTWD 5.09bnTWD 5.76bnTWD 7.34bnTWD 7.31bnTWD 6.17bnTWD 7.43bnTWD 8.06bnTWD 7.97bnTWD 7.61bn
Gross profitTWD 1.05bnTWD 1.13bnTWD 1.27bnTWD 1.50bnTWD 1.54bnTWD 1.39bnTWD 1.91bnTWD 1.97bnTWD 2.10bnTWD 2.09bn
Research and developmentTWD 286.0mTWD 265.1mTWD 259.3mTWD 226.5mTWD 295.3mTWD 296.6mTWD 301.0mTWD 267.9mTWD 256.9mTWD 203.4m
Operating income−TWD 43.5mTWD 187.2mTWD 44.4mTWD 325.9mTWD 505.0mTWD 455.3mTWD 612.0mTWD 767.8mTWD 958.9mTWD 888.6m
Net income−TWD 182.3m−TWD 95.0m−TWD 164.3mTWD 136.3mTWD 339.1mTWD 294.5mTWD 400.5mTWD 546.1mTWD 775.5mTWD 685.3m
Diluted earnings per share-2.26-1.15-1.961.474.043.494.766.489.218.13

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 13.65bnTWD 10.67bnTWD 11.28bnTWD 11.09bnTWD 11.71bnTWD 10.35bnTWD 10.09bnTWD 9.97bnTWD 9.87bnTWD 9.37bn
Cash and short-term investmentsTWD 2.29bnTWD 2.77bnTWD 3.02bnTWD 2.39bnTWD 2.43bnTWD 2.34bnTWD 2.95bnTWD 2.91bnTWD 2.62bnTWD 2.45bn
Total liabilitiesTWD 7.44bnTWD 4.32bnTWD 4.85bnTWD 4.35bnTWD 5.11bnTWD 3.79bnTWD 3.43bnTWD 3.18bnTWD 3.05bnTWD 2.88bn
DebtTWD 4.49bnTWD 2.34bnTWD 3.14bnTWD 2.63bnTWD 2.89bnTWD 1.64bnTWD 1.59bnTWD 1.30bnTWD 1.11bnTWD 1.01bn
Shareholders' equityTWD 5.82bnTWD 6.02bnTWD 6.10bnTWD 6.45bnTWD 6.35bnTWD 6.31bnTWD 6.38bnTWD 6.53bnTWD 6.51bnTWD 6.24bn
Shares outstanding81m82m84m93m84m84m84m84m84m84m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 675.7mTWD 612.0mTWD 950.1mTWD 1.01bnTWD 406.3mTWD 472.9mTWD 1.14bnTWD 1.13bnTWD 1.02bnTWD 1.12bn
Capital spending−TWD 948.4m−TWD 419.3m−TWD 521.8m−TWD 578.2m−TWD 970.1m−TWD 801.2m−TWD 603.1m−TWD 569.8m−TWD 806.5m−TWD 551.0m
Free cash flow−TWD 272.7mTWD 192.7mTWD 428.3mTWD 429.9m−TWD 563.8m−TWD 328.3mTWD 532.3mTWD 560.9mTWD 214.6mTWD 571.9m
Dividends paid−TWD 62.9m−TWD 41.9m−TWD 167.7m−TWD 209.6m−TWD 293.4m−TWD 293.4m−TWD 293.4m−TWD 419.2m−TWD 335.4m−TWD 377.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 1.35bnTWD 1.16bnTWD 1.35bnTWD 1.36bnTWD 1.23bnTWD 1.30bnTWD 1.41bnTWD 1.18bn
Gross profitTWD 298.4mTWD 289.8mTWD 127.7mTWD 356.4mTWD 233.4mTWD 333.8mTWD 288.2mTWD 316.5m
Operating income−TWD 61.7m−TWD 54.2m−TWD 24.0mTWD 34.3m−TWD 63.0mTWD 8.7m−TWD 22.1mTWD 36.9m
Net income−TWD 74.5m−TWD 93.2m−TWD 19.0mTWD 11.6m−TWD 163.9m−TWD 10.9m−TWD 49.2m−TWD 28.8m
Diluted earnings per share-0.93-1.16-0.240.14-2.03-0.13-0.60-0.35
Cash from operationsTWD 152.0mTWD 56.0mTWD 510.0mTWD 221.0m−TWD 188.0mTWD 132.0m−TWD 3.0mTWD 184.0m
Capital spending−TWD 174.0m−TWD 145.0m−TWD 345.0m−TWD 164.0m−TWD 271.0m−TWD 167.0m−TWD 149.0m−TWD 126.0m
Free cash flow−TWD 22.0m−TWD 89.0mTWD 165.0mTWD 57.0m−TWD 459.0m−TWD 35.0m−TWD 152.0mTWD 58.0m
Total assetsTWD 13.73bnTWD 13.95bnTWD 13.65bnTWD 10.18bnTWD 9.69bnTWD 11.02bnTWD 10.67bnTWD 10.63bn
Cash and short-term investmentsTWD 2.23bnTWD 2.39bnTWD 2.29bnTWD 2.08bnTWD 2.21bnTWD 2.92bnTWD 2.77bnTWD 2.87bn
DebtTWD 2.85bnTWD 2.92bnTWD 2.03bnTWD 2.01bnTWD 1.99bnTWD 2.34bnTWD 2.15bnTWD 2.12bn
Shareholders' equityTWD 5.84bnTWD 5.87bnTWD 5.82bnTWD 5.54bnTWD 5.23bnTWD 6.10bnTWD 6.02bnTWD 6.15bn

Financial ratios

Data as of 1 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin20.1%22.2%22.1%20.4%21.1%22.6%
Operating margin-0.8%3.7%1.2%4.4%6.9%7.4%
Net margin-3.5%-1.9%-2.9%1.9%4.6%4.8%
Return on equity-3.1%-1.6%-2.7%2.1%5.3%4.7%
Return on assets-1.3%-0.9%-1.5%1.2%2.9%2.8%
Free cash flow yield144.2%89.8%125.9%122.7%117.7%108.4%
Revenue growth2.8%-11.7%-21.6%0.4%18.6%-17.0%
Earnings growth91.7%-42.2%-220.5%-59.8%15.1%-26.5%
Current ratio1.36x1.69x1.79x2.15x1.85x1.69x
Debt to equity0.35x0.36x0.49x0.37x0.41x0.25x
Equity ratio42.7%56.4%54.1%58.2%54.2%61.0%
Interest coverage-0.32x1.26x0.48x4.09x10.31x12.46x
R&D as a share of sales5.5%5.2%4.5%3.1%4.0%4.8%
Buybacks as a share of market value1.9%1.8%9.5%-10.5%0.5%-0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-10.7%-3.2%-4.5%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin21.1%21.1%21.4%23.5%
Operating margin1.4%2.2%4.0%7.5%
Net margin-2.7%-1.3%0.9%4.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-9.1-23.5-21.929.214.017.514.111.612.411.5
Price to sales0.30.40.60.50.70.80.80.81.21.0

Dividends and splits

Per share, in the currency the company pays

Paid for 14 years. Last went ex-dividend on 9 Jul 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year0.7750.502.002.503.503.503.505.00
  • 11-for-10 split · 10 Jul 2013

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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