Carnival Industrial 1417.TW · TWD
Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan
7.96
+0.51%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 403.8m
FY2016FY2025
Net income
TWD 117.2m
FY2016FY2025
Free cash flow
TWD 45.7m
FY2016FY2025
Shareholders' equity
TWD 2.34bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 403.8m | TWD 603.2m | TWD 1.50bn | TWD 1.51bn | TWD 1.32bn | TWD 1.04bn | TWD 1.41bn | TWD 1.50bn | TWD 2.03bn | TWD 2.97bn |
| Research and development | TWD 3.9m | TWD 3.1m | TWD 2.4m | TWD 4.0m | TWD 4.0m | TWD 13.1m | TWD 13.6m | TWD 22.3m | TWD 22.3m | TWD 22.3m |
| Operating income | −TWD 15.3m | −TWD 245.3m | −TWD 79.4m | −TWD 44.9m | TWD 64.0m | −TWD 258.3m | TWD 351.1m | −TWD 387.1m | −TWD 507.4m | −TWD 391.8m |
| Net income | TWD 117.2m | −TWD 154.5m | −TWD 69.5m | −TWD 48.5m | TWD 97.7m | −TWD 266.4m | TWD 317.3m | −TWD 233.6m | −TWD 458.9m | −TWD 171.0m |
| Diluted earnings per share | 0.62 | -0.81 | -0.37 | -0.26 | 0.51 | -1.39 | 1.62 | -1.21 | -1.71 | -0.63 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 2.81bn | TWD 2.90bn | TWD 3.58bn | TWD 4.50bn | TWD 3.98bn | TWD 3.15bn | TWD 4.38bn | TWD 4.19bn | TWD 4.54bn | TWD 5.18bn |
| Cash and short-term investments | TWD 1.47bn | TWD 1.46bn | TWD 1.65bn | TWD 1.77bn | TWD 1.37bn | TWD 1.23bn | TWD 2.07bn | TWD 1.03bn | TWD 1.07bn | TWD 1.18bn |
| Total liabilities | TWD 468.6m | TWD 582.4m | TWD 993.3m | TWD 1.79bn | TWD 1.30bn | TWD 588.5m | TWD 1.25bn | TWD 806.6m | TWD 1.02bn | TWD 1.31bn |
| Debt | TWD 198.7m | TWD 320.1m | TWD 564.4m | TWD 1.22bn | TWD 733.5m | TWD 131.7m | TWD 23.0m | TWD 334.9m | TWD 599.8m | TWD 824.7m |
| Shareholders' equity | TWD 2.34bn | TWD 2.32bn | TWD 2.59bn | TWD 2.70bn | TWD 2.69bn | TWD 2.56bn | TWD 3.14bn | TWD 3.38bn | TWD 3.52bn | TWD 3.88bn |
| Shares outstanding | 189m | 190m | 190m | 190m | 190m | 191m | 196m | 194m | 269m | 273m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 63.7m | TWD 67.7m | TWD 513.3m | −TWD 136.2m | −TWD 477.7m | −TWD 25.6m | −TWD 36.8m | −TWD 12.9m | TWD 269.8m | −TWD 288.3m |
| Capital spending | −TWD 18.0m | −TWD 5.4m | −TWD 27.2m | −TWD 99.5m | −TWD 121.2m | −TWD 23.8m | −TWD 70.1m | −TWD 159.4m | −TWD 50.2m | −TWD 33.6m |
| Free cash flow | TWD 45.7m | TWD 62.3m | TWD 486.1m | −TWD 235.7m | −TWD 598.9m | −TWD 49.4m | −TWD 106.9m | −TWD 172.3m | TWD 219.6m | −TWD 321.9m |
| Dividends paid | — | −TWD 37.8m | −TWD 70.2m | −TWD 66.5m | −TWD 56.9m | −TWD 86.9m | −TWD 86.9m | −TWD 86.9m | −TWD 86.9m | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 71.5m | TWD 73.8m | TWD 166.4m | TWD 97.6m | TWD 84.7m | TWD 55.1m | TWD 113.8m | TWD 110.1m |
| Operating income | −TWD 11.0m | −TWD 659,000 | TWD 28.1m | TWD 31.8m | −TWD 8.7m | −TWD 26.8m | −TWD 115.2m | −TWD 55.0m |
| Net income | TWD 24.7m | −TWD 42.3m | TWD 83.4m | TWD 31.7m | TWD 12.6m | −TWD 10.5m | −TWD 89.8m | −TWD 29.5m |
| Diluted earnings per share | 0.13 | -0.23 | 0.44 | 0.17 | 0.07 | -0.06 | -0.47 | -0.16 |
| Cash from operations | −TWD 15.0m | TWD 34.0m | TWD 82.0m | TWD 37.0m | −TWD 32.0m | TWD 1.0m | −TWD 10.0m | −TWD 47.0m |
| Capital spending | — | −TWD 5.0m | −TWD 6.0m | −TWD 1.0m | −TWD 2.0m | −TWD 7.0m | −TWD 2.0m | −TWD 1.0m |
| Free cash flow | — | TWD 29.0m | TWD 76.0m | TWD 36.0m | −TWD 34.0m | −TWD 6.0m | −TWD 12.0m | −TWD 48.0m |
| Total assets | TWD 2.76bn | TWD 2.74bn | TWD 2.81bn | TWD 2.84bn | TWD 2.83bn | TWD 2.96bn | TWD 2.90bn | TWD 3.07bn |
| Cash and short-term investments | TWD 1.46bn | TWD 1.44bn | TWD 1.47bn | TWD 1.39bn | TWD 1.39bn | TWD 1.53bn | TWD 1.46bn | TWD 1.51bn |
| Debt | TWD 97.3m | TWD 147.4m | TWD 182.5m | TWD 222.4m | TWD 222.2m | TWD 307.1m | TWD 305.4m | TWD 362.7m |
| Shareholders' equity | TWD 2.36bn | TWD 2.34bn | TWD 2.34bn | TWD 2.35bn | TWD 2.36bn | TWD 2.39bn | TWD 2.32bn | TWD 2.41bn |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Operating margin | -3.8% | -24.2% | -3.1% | 7.3% | 6.1% | -24.4% |
| Net margin | 29.0% | -25.6% | -4.6% | -3.2% | 7.4% | -25.7% |
| Return on equity | 5.0% | -6.7% | -2.7% | -1.8% | 3.6% | -10.4% |
| Return on assets | 4.2% | -5.3% | -1.9% | -1.1% | 2.5% | -8.5% |
| Free cash flow yield | 5.4% | 4.8% | 35.3% | -2.4% | -23.3% | -0.1% |
| Revenue growth | -33.1% | -59.7% | -1.0% | 14.3% | 27.7% | -26.3% |
| Earnings growth | -175.9% | 122.4% | 43.3% | -149.6% | -136.7% | -184.0% |
| Current ratio | 4.63x | 5.57x | 3.61x | 1.80x | 2.08x | 3.77x |
| Debt to equity | 0.08x | 0.13x | 0.21x | 0.45x | 0.27x | 0.05x |
| Equity ratio | 83.3% | 79.9% | 72.3% | 60.1% | 67.4% | 81.3% |
| Interest coverage | -2.60x | -17.12x | -2.54x | 9.22x | 27.30x | -265.42x |
| R&D as a share of sales | 1.0% | 0.5% | 0.2% | 0.3% | 0.3% | 1.3% |
| Buybacks as a share of market value | 0.6% | 0.0% | 0.1% | 0.0% | 0.5% | 2.5% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -35.6% | -17.2% | -19.5% |
| Operating income | -30.1% | -43.2% | -29.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | -25.9% | -9.6% | -9.1% | -11.3% |
| Net margin | -3.7% | -3.9% | -5.1% | -7.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 14.4 | -12.0 | -32.7 | -55.9 | 28.7 | -8.0 | 6.1 | -5.7 | -3.8 | -11.3 |
| Price to sales | 4.2 | 3.1 | 1.5 | 1.8 | 2.1 | 2.1 | 1.4 | 0.9 | 0.9 | 0.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 26 Jul 2024.
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2014 | FY2013 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.40 | 0.37 | 0.35 | 0.30 | 0.50 | 0.043 | 0.40 | 1.00 |
- 1000-to-701.232 reverse split · 17 Feb 2020
- 1000-to-713.031 reverse split · 9 Sept 2019
- 1-to-1 reverse split · 29 Nov 2005
- 27-for-25 split · 30 Jun 1999
- 1.097-for-1 split · 30 Jun 1998
- 1.06-for-1 split · 22 May 1996
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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