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T

Tsang Yow Industrial Co 1568.TW · TWD

Consumer Discretionary · Taiwan Stock Exchange · 🇹🇼 Taiwan

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25.85

+1.17%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 1.05bn

FY2016FY2025

Net income

TWD 140.4m

FY2016FY2025

Free cash flow

TWD 68.1m

FY2016FY2025

Shareholders' equity

TWD 1.90bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 1.05bnTWD 1.05bnTWD 1.19bnTWD 1.79bnTWD 1.83bnTWD 1.76bnTWD 2.02bnTWD 2.50bnTWD 3.36bnTWD 2.79bn
Gross profitTWD 340.8mTWD 291.9mTWD 401.4mTWD 379.9mTWD 259.2mTWD 166.1mTWD 241.0mTWD 340.2mTWD 497.2mTWD 496.1m
Research and developmentTWD 43.1mTWD 45.7mTWD 47.1mTWD 60.6mTWD 69.3mTWD 65.3mTWD 70.0mTWD 63.9mTWD 66.9mTWD 40.5m
Operating incomeTWD 165.0mTWD 119.6mTWD 235.9mTWD 213.1mTWD 48.9mTWD 10.0mTWD 42.7mTWD 103.0mTWD 254.8mTWD 280.0m
Net incomeTWD 140.4mTWD 163.2mTWD 273.7mTWD 165.4mTWD 29.6mTWD 10.3mTWD 27.8mTWD 94.7mTWD 192.2mTWD 183.9m
Diluted earnings per share1.391.592.671.600.280.100.270.961.881.76

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 2.38bnTWD 2.33bnTWD 2.62bnTWD 2.92bnTWD 3.21bnTWD 3.15bnTWD 3.30bnTWD 3.57bnTWD 3.71bnTWD 3.38bn
Cash and short-term investmentsTWD 421.4mTWD 470.7mTWD 860.7mTWD 468.8mTWD 564.2mTWD 381.5mTWD 200.6mTWD 182.2mTWD 157.7mTWD 218.1m
Total liabilitiesTWD 353.6mTWD 426.5mTWD 792.9mTWD 1.29bnTWD 1.73bnTWD 1.67bnTWD 1.76bnTWD 1.98bnTWD 2.12bnTWD 1.84bn
DebtTWD 60.4mTWD 127.7mTWD 407.1mTWD 740.4mTWD 1.16bnTWD 1.18bnTWD 1.26bnTWD 1.34bnTWD 1.10bnTWD 931.0m
Shareholders' equityTWD 1.90bnTWD 1.86bnTWD 1.83bnTWD 1.64bnTWD 1.49bnTWD 1.48bnTWD 1.54bnTWD 1.59bnTWD 1.59bnTWD 1.54bn
Shares outstanding101m102m102m103m108m102m102m99m102m104m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 292.1mTWD 181.5mTWD 326.9mTWD 372.5mTWD 248.2mTWD 366.7mTWD 270.2mTWD 89.3mTWD 321.2mTWD 259.3m
Capital spending−TWD 224.0m−TWD 176.5m−TWD 49.0m−TWD 65.5m−TWD 57.8m−TWD 57.6m−TWD 95.8m−TWD 200.7m−TWD 326.3m−TWD 195.1m
Free cash flowTWD 68.1mTWD 5.0mTWD 277.9mTWD 307.0mTWD 190.4mTWD 309.1mTWD 174.3m−TWD 111.3m−TWD 5.2mTWD 64.1m
Dividends paid−TWD 123.7m−TWD 137.1m−TWD 112.6m−TWD 30.7m−TWD 30.5m−TWD 51.3m−TWD 66.6m−TWD 82.5m−TWD 123.7m−TWD 103.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 304.8mTWD 250.3mTWD 260.1mTWD 249.8mTWD 258.0mTWD 284.5mTWD 240.9mTWD 242.4m
Gross profitTWD 108.5mTWD 92.6mTWD 89.6mTWD 68.7mTWD 84.6mTWD 97.8mTWD 68.0mTWD 56.3m
Operating incomeTWD 68.0mTWD 49.4mTWD 44.5mTWD 27.5mTWD 42.2mTWD 57.3mTWD 20.3mTWD 13.4m
Net incomeTWD 58.0mTWD 52.4mTWD 49.8mTWD 34.8mTWD 937,000TWD 54.8mTWD 27.5mTWD 29.1m
Diluted earnings per share0.560.510.490.350.010.540.270.28
Cash from operationsTWD 65.0mTWD 38.0mTWD 67.0mTWD 58.0mTWD 64.0mTWD 100.0mTWD 13.0mTWD 30.0m
Capital spending−TWD 83.0m−TWD 50.0m−TWD 54.0m−TWD 43.0m−TWD 65.0m−TWD 67.0m−TWD 96.0m−TWD 30.0m
Free cash flow−TWD 18.0m−TWD 12.0mTWD 13.0mTWD 15.0m−TWD 1.0mTWD 33.0m−TWD 83.0mTWD 0
Total assetsTWD 2.58bnTWD 2.58bnTWD 2.38bnTWD 2.28bnTWD 2.24bnTWD 2.41bnTWD 2.33bnTWD 2.32bn
Cash and short-term investmentsTWD 469.5mTWD 537.1mTWD 421.4mTWD 402.7mTWD 392.5mTWD 520.5mTWD 470.7mTWD 625.2m
DebtTWD 119.3mTWD 124.5mTWD 62.6mTWD 78.7mTWD 90.1mTWD 117.9mTWD 125.8mTWD 154.9m
Shareholders' equityTWD 1.90bnTWD 1.85bnTWD 1.90bnTWD 1.84bnTWD 1.80bnTWD 1.81bnTWD 1.86bnTWD 1.83bn

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin32.4%27.8%33.6%21.2%14.2%9.5%
Operating margin15.7%20.3%21.8%11.9%2.7%0.6%
Net margin13.3%15.5%22.9%9.2%1.6%0.6%
Return on equity7.4%8.8%15.0%10.1%2.0%0.7%
Return on assets5.9%7.0%10.4%5.7%0.9%0.3%
Free cash flow yield17.7%12.1%12.7%14.6%9.8%14.3%
Revenue growth0.3%-12.0%-33.4%-1.9%3.9%-13.2%
Earnings growth-13.9%-40.4%65.5%458.6%187.4%-63.0%
Current ratio2.85x2.79x2.78x1.90x1.79x1.62x
Debt to equity0.03x0.07x0.22x0.45x0.78x0.78x
Equity ratio79.8%80.1%69.8%56.0%46.3%47.0%
Interest coverage194.36x53.37x25.01x17.27x4.71x0.77x
R&D as a share of sales4.1%4.4%3.9%3.4%3.8%3.7%
Buybacks as a share of market value1.6%0.0%1.1%3.9%-5.3%-0.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-16.2%-9.7%-7.8%
Operating income-8.2%75.4%-1.9%
Net income-5.3%68.6%0.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin30.1%27.8%21.2%17.6%
Operating margin13.5%14.4%9.1%7.7%
Net margin14.4%14.6%9.0%6.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings16.217.412.314.287.0212.970.621.818.918.8
Price to sales2.22.72.81.31.41.31.00.81.11.2

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 28 May 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year1.201.341.100.300.300.5040.650.80
  • 1.101-for-1 split · 28 Oct 2008
  • 11-for-10 split · 28 Jul 2005
  • 6-for-5 split · 29 Jul 2004

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.