Hong Ho Precision Textile Co 1446.TW · TWD
Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan
12.70
+2.42%
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Net income
TWD 223.6m
FY2016FY2025
Free cash flow
TWD 577.1m
FY2016FY2025
Shareholders' equity
TWD 2.77bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating income | TWD 326.5m | TWD 1.52bn | TWD 146.2m | −TWD 19.1m | −TWD 4.0m | −TWD 7.7m | TWD 8.2m | −TWD 76.7m | −TWD 44.1m | TWD 78.9m |
| Net income | TWD 223.6m | TWD 1.35bn | TWD 110.0m | −TWD 37.8m | −TWD 17.2m | −TWD 7.4m | TWD 290,000 | −TWD 28.6m | −TWD 40.5m | TWD 65.2m |
| Diluted earnings per share | 1.64 | 9.81 | 0.80 | -0.27 | -0.11 | -0.05 | 0.00 | -0.21 | -0.30 | 0.47 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 3.19bn | TWD 3.50bn | TWD 4.63bn | TWD 4.68bn | TWD 4.34bn | TWD 4.09bn | TWD 4.28bn | TWD 3.79bn | TWD 3.85bn | TWD 3.83bn |
| Cash and short-term investments | TWD 1.21bn | TWD 1.04bn | TWD 289.0m | TWD 280.8m | TWD 245.8m | TWD 271.9m | TWD 349.8m | TWD 343.9m | TWD 457.5m | TWD 411.9m |
| Total liabilities | TWD 417.1m | TWD 721.6m | TWD 3.11bn | TWD 3.24bn | TWD 2.81bn | TWD 2.55bn | TWD 2.72bn | TWD 2.17bn | TWD 2.16bn | TWD 2.03bn |
| Debt | TWD 49.4m | TWD 227.7m | TWD 2.67bn | TWD 3.16bn | TWD 2.74bn | TWD 2.42bn | TWD 2.58bn | TWD 2.00bn | TWD 1.98bn | TWD 1.79bn |
| Shareholders' equity | TWD 2.77bn | TWD 2.77bn | TWD 1.52bn | TWD 1.44bn | TWD 1.53bn | TWD 1.54bn | TWD 1.57bn | TWD 1.62bn | TWD 1.69bn | TWD 1.80bn |
| Shares outstanding | 137m | 138m | 138m | 138m | 162m | 142m | 139m | 135m | 137m | 137m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 577.1m | TWD 3.28bn | TWD 524.2m | −TWD 348.6m | −TWD 319.8m | TWD 122.7m | −TWD 502.5m | −TWD 127.0m | −TWD 150.0m | TWD 200.8m |
| Capital spending | — | −TWD 413,000 | −TWD 213,000 | −TWD 191,000 | −TWD 633,000 | −TWD 142,000 | −TWD 7.7m | −TWD 541,000 | −TWD 666,000 | −TWD 477,000 |
| Free cash flow | TWD 577.1m | TWD 3.28bn | TWD 524.0m | −TWD 348.8m | −TWD 320.4m | TWD 122.6m | −TWD 510.3m | −TWD 127.5m | −TWD 150.7m | TWD 200.3m |
| Dividends paid | −TWD 275.4m | −TWD 96.4m | −TWD 27.5m | −TWD 41.3m | −TWD 41.3m | −TWD 41.3m | −TWD 41.3m | −TWD 41.3m | −TWD 41.3m | −TWD 41.3m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Operating income | TWD 30.5m | TWD 40.4m | −TWD 29.2m | TWD 71.3m | TWD 181.2m | TWD 103.3m | TWD 218.9m | TWD 692.4m |
| Net income | TWD 37.3m | TWD 68.4m | −TWD 58.1m | TWD 81.3m | TWD 142.4m | TWD 58.0m | TWD 105.7m | TWD 671.2m |
| Diluted earnings per share | 0.27 | 0.50 | -0.43 | 0.59 | 1.04 | 0.42 | 0.77 | 4.87 |
| Cash from operations | −TWD 6.0m | TWD 150.0m | TWD 55.0m | TWD 5.0m | TWD 71.0m | TWD 442.0m | TWD 262.0m | TWD 1.11bn |
| Total assets | TWD 3.15bn | TWD 3.22bn | TWD 3.19bn | TWD 3.20bn | TWD 3.53bn | TWD 3.75bn | TWD 3.50bn | TWD 3.66bn |
| Cash and short-term investments | TWD 1.32bn | TWD 1.33bn | TWD 1.21bn | TWD 1.22bn | TWD 1.45bn | TWD 1.43bn | TWD 1.04bn | TWD 778.0m |
| Debt | TWD 13.5m | TWD 12.9m | TWD 61.8m | TWD 114.3m | TWD 62.6m | TWD 119.9m | TWD 215.3m | TWD 213.5m |
| Shareholders' equity | TWD 2.67bn | TWD 2.84bn | TWD 2.77bn | TWD 2.83bn | TWD 2.75bn | TWD 2.88bn | TWD 2.77bn | TWD 2.67bn |
Financial ratios
Data as of 29 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2006 | FY2005 | FY2004 | FY2003 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 27.3% | 42.0% | 27.5% | -12.2% | -1.7% | -1.6% | — | — | — | — | — |
| Net margin | 21.9% | 36.8% | 19.2% | -24.3% | -8.9% | -1.5% | — | — | — | — | — |
| Return on equity | 8.1% | 48.8% | 7.2% | -2.6% | -1.1% | -0.5% | — | — | — | — | — |
| Return on assets | 7.0% | 38.7% | 2.4% | -0.8% | -0.4% | -0.2% | — | — | — | — | — |
| Free cash flow yield | — | 178.5% | 28.5% | -19.0% | -14.8% | 6.5% | -26.6% | — | — | — | — |
| Revenue growth | -72.3% | 541.3% | 268.2% | -19.4% | -60.6% | -10.8% | — | — | — | — | — |
| Earnings growth | -83.5% | 1130.1% | -390.8% | 120.3% | 130.8% | -2664.8% | — | — | — | — | — |
| Current ratio | 6.71x | 4.37x | 1.32x | 8.75x | 1.38x | 8.29x | — | — | — | — | — |
| Debt to equity | 0.02x | 0.08x | 1.74x | 2.16x | 1.76x | 1.57x | — | — | — | — | — |
| Equity ratio | 86.9% | 79.4% | 32.8% | 30.8% | 35.3% | 37.7% | — | — | — | — | — |
| Interest coverage | 140.35x | 59.85x | 6.66x | -2.72x | -0.85x | -1.54x | — | — | — | — | — |
| R&D as a share of sales | — | — | — | — | — | — | — | 0.2% | 0.3% | 0.2% | 0.2% |
| Buybacks as a share of market value | 0.9% | -0.1% | 0.0% | 14.7% | -14.1% | -1.7% | — | — | — | — | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 87.1% | 15.8% | 1.5% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 39.3% | 36.4% | 32.1% | 20.1% |
| Net margin | 33.6% | 30.4% | 26.6% | 16.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 11.2 | 4.1 | 46.1 | -111.8 | -323.7 | -605.3 | — | -112.7 | -72.5 | 37.7 |
| Price to sales | 2.5 | 1.5 | 8.8 | 27.1 | 28.8 | 9.2 | 9.6 | 7.2 | 5.6 | 2.7 |
Dividends and splits
Per share, in the currency the company pays
Paid for 14 years. Last went ex-dividend on 21 Jul 2025.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 2.00 | 0.70 | 0.20 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 |
- 100-to-61.9205 reverse split · 20 Dec 2007
- 1.01-for-1 split · 22 Jul 2004
- 100-to-66.4 reverse split · 17 Oct 2002
- 11-for-10 split · 28 Jul 1999
- 1.03-for-1 split · 27 Jul 1996
- 21-for-20 split · 13 Jul 1995
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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