R 
Right Way Industrial Co 1506.TW · TWD
Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan
9.29
-1.48%
Close of 5 Nov 2026, in TWD
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 1.07bn
FY2016FY2025
Net income
TWD 18.3m
FY2016FY2025
Free cash flow
−TWD 82.7m
FY2016FY2025
Shareholders' equity
TWD 2.79bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.07bn | TWD 1.04bn | TWD 1.14bn | TWD 1.14bn | TWD 1.06bn | TWD 855.9m | TWD 1.18bn | TWD 1.20bn | TWD 1.36bn | TWD 1.57bn |
| Gross profit | TWD 175.0m | TWD 168.7m | TWD 184.7m | TWD 202.6m | TWD 154.0m | TWD 18.6m | TWD 73.0m | TWD 65.2m | TWD 220.0m | TWD 299.4m |
| Research and development | TWD 13.7m | TWD 11.3m | TWD 11.0m | TWD 18.1m | TWD 28.0m | TWD 34.2m | TWD 67.3m | TWD 47.9m | TWD 32.7m | TWD 29.6m |
| Operating income | −TWD 991,000 | TWD 19.7m | TWD 58.9m | TWD 113.4m | TWD 66.8m | −TWD 338.5m | −TWD 335.7m | −TWD 184.0m | −TWD 30.3m | TWD 45.5m |
| Net income | TWD 18.3m | TWD 41.7m | TWD 86.7m | TWD 95.2m | TWD 42.9m | −TWD 370.4m | −TWD 367.1m | −TWD 116.6m | −TWD 15.1m | TWD 20.2m |
| Diluted earnings per share | 0.06 | 0.14 | 0.29 | 0.34 | 0.23 | -2.26 | -2.90 | -0.93 | -0.12 | 0.19 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 3.30bn | TWD 3.17bn | TWD 3.18bn | TWD 2.82bn | TWD 2.43bn | TWD 2.29bn | TWD 2.73bn | TWD 2.99bn | TWD 2.94bn | TWD 2.70bn |
| Cash and short-term investments | TWD 217.8m | TWD 433.2m | TWD 556.2m | TWD 256.9m | TWD 339.3m | TWD 185.7m | TWD 107.8m | TWD 250.8m | TWD 377.0m | TWD 214.3m |
| Total liabilities | TWD 426.9m | TWD 376.2m | TWD 386.5m | TWD 422.1m | TWD 1.35bn | TWD 1.39bn | TWD 1.85bn | TWD 1.73bn | TWD 1.63bn | TWD 1.39bn |
| Debt | TWD 62.2m | TWD 61.1m | TWD 57.3m | TWD 59.4m | TWD 890.7m | TWD 876.9m | TWD 1.25bn | TWD 1.13bn | TWD 1.13bn | TWD 861.6m |
| Shareholders' equity | TWD 2.79bn | TWD 2.72bn | TWD 2.72bn | TWD 2.33bn | TWD 1.03bn | TWD 853.6m | TWD 795.3m | TWD 1.12bn | TWD 1.22bn | TWD 1.23bn |
| Shares outstanding | 309m | 300m | 300m | 279m | 184m | 164m | 127m | 125m | 127m | 109m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 65.2m | TWD 18.5m | TWD 209.9m | TWD 71.2m | TWD 142.7m | −TWD 35.6m | TWD 16.0m | TWD 39.2m | TWD 37.5m | TWD 40.0m |
| Capital spending | −TWD 148.0m | −TWD 71.0m | −TWD 63.6m | −TWD 463.3m | −TWD 17.3m | −TWD 63.7m | −TWD 124.1m | −TWD 96.2m | −TWD 201.7m | −TWD 56.7m |
| Free cash flow | −TWD 82.7m | −TWD 52.5m | TWD 146.3m | −TWD 392.2m | TWD 125.4m | −TWD 99.3m | −TWD 108.1m | −TWD 57.0m | −TWD 164.2m | −TWD 16.7m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 326.0m | TWD 290.1m | TWD 251.6m | TWD 273.4m | TWD 295.0m | TWD 251.6m | TWD 270.6m | TWD 254.5m |
| Gross profit | TWD 35.1m | TWD 50.6m | TWD 43.4m | TWD 35.8m | TWD 51.5m | TWD 44.3m | TWD 56.8m | TWD 31.9m |
| Operating income | −TWD 22.4m | TWD 6.8m | −TWD 697,000 | −TWD 14.6m | TWD 10.3m | TWD 2.9m | TWD 12.2m | −TWD 3.5m |
| Net income | −TWD 19.0m | TWD 5.2m | TWD 4.9m | TWD 22.6m | −TWD 12.7m | TWD 3.5m | TWD 10.6m | TWD 12.6m |
| Diluted earnings per share | -0.06 | 0.02 | 0.02 | 0.07 | -0.04 | 0.01 | 0.04 | 0.04 |
| Cash from operations | TWD 15.0m | −TWD 47.0m | TWD 24.0m | −TWD 25.0m | TWD 70.0m | −TWD 34.0m | TWD 18.0m | TWD 12.0m |
| Capital spending | −TWD 11.0m | −TWD 31.0m | −TWD 71.0m | −TWD 17.0m | −TWD 41.0m | −TWD 18.0m | −TWD 22.0m | −TWD 18.0m |
| Free cash flow | TWD 4.0m | −TWD 78.0m | −TWD 47.0m | −TWD 42.0m | TWD 29.0m | −TWD 52.0m | −TWD 4.0m | −TWD 6.0m |
| Total assets | TWD 3.31bn | TWD 3.30bn | TWD 3.30bn | TWD 3.22bn | TWD 3.19bn | TWD 3.22bn | TWD 3.17bn | TWD 3.13bn |
| Cash and short-term investments | TWD 75.6m | TWD 73.8m | TWD 217.8m | TWD 375.0m | TWD 243.3m | TWD 336.9m | TWD 433.2m | TWD 460.0m |
| Debt | TWD 71.3m | TWD 71.7m | TWD 62.2m | TWD 29.3m | TWD 29.3m | TWD 30.1m | TWD 61.1m | TWD 35.9m |
| Shareholders' equity | TWD 2.80bn | TWD 2.80bn | TWD 2.79bn | TWD 2.78bn | TWD 2.73bn | TWD 2.82bn | TWD 2.72bn | TWD 2.74bn |
Financial ratios
Data as of 22 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 16.3% | 16.3% | 16.2% | 17.7% | 14.5% | 2.2% |
| Operating margin | -0.1% | 5.8% | 9.1% | 10.0% | 6.3% | -18.1% |
| Net margin | 1.7% | 4.0% | 7.6% | 8.3% | 4.0% | -43.3% |
| Return on equity | 0.7% | 1.5% | 3.2% | 4.1% | 4.1% | -43.4% |
| Return on assets | 0.6% | 1.3% | 2.7% | 3.4% | 1.8% | -16.2% |
| Free cash flow yield | 7.3% | 3.1% | 9.6% | 20.2% | 9.2% | 1.8% |
| Revenue growth | 3.4% | -9.1% | -0.1% | 7.3% | 24.3% | -27.3% |
| Earnings growth | -56.1% | -51.9% | -9.0% | 122.0% | -111.6% | 0.9% |
| Current ratio | 2.71x | 3.79x | 3.87x | 3.23x | 1.48x | 1.13x |
| Debt to equity | 0.02x | 0.02x | 0.02x | 0.02x | 0.61x | 1.09x |
| Equity ratio | 84.7% | 85.8% | 85.7% | 82.6% | 42.5% | 37.3% |
| Interest coverage | -0.45x | 20.27x | 31.53x | 10.10x | 2.93x | -6.01x |
| R&D as a share of sales | 1.3% | 1.1% | 1.0% | 1.6% | 2.6% | 4.0% |
| Buybacks as a share of market value | -3.0% | -0.0% | -7.7% | -51.6% | -12.4% | -29.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -2.1% | 4.6% | -3.6% |
| Operating income | — | -68.9% | — |
| Net income | -42.3% | — | -6.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 16.3% | 16.7% | 14.3% | 13.9% |
| Operating margin | 0.9% | 4.4% | -1.3% | -4.2% |
| Net margin | 2.8% | 5.5% | -1.4% | -4.0% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 196.6 | 93.6 | 59.4 | 50.4 | 62.2 | -4.8 | -5.0 | -22.6 | -171.2 | 75.2 |
| Price to sales | 3.4 | 3.8 | 4.5 | 4.2 | 2.5 | 2.1 | 1.6 | 2.2 | 1.9 | 1.0 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 1 Jun 1998.
- 1000-to-706.606 reverse split · 1 Oct 2010
- 11-for-10 split · 24 Jul 1997
- 1.104-for-1 split · 12 Aug 1995
- 21-for-20 split · 17 Aug 1991
- 1.131-for-1 split · 1 Sept 1990
- 1.252-for-1 split · 29 Sept 1989
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.