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H

Hiyes International Co 2348.TW · TWD

Real Estate · Taiwan Stock Exchange · 🇹🇼 Taiwan

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64.20

+0.47%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 7.35bn

FY2016FY2025

Net income

TWD 1.09bn

FY2016FY2025

Free cash flow

−TWD 1.08bn

FY2016FY2025

Shareholders' equity

TWD 8.34bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 7.35bnTWD 10.16bnTWD 7.75bnTWD 5.09bnTWD 6.36bnTWD 3.75bnTWD 1.73bnTWD 1.13bnTWD 788.0mTWD 449.3m
Gross profitTWD 2.65bnTWD 3.74bnTWD 2.68bnTWD 2.28bnTWD 3.25bnTWD 2.21bnTWD 937.0mTWD 666.2mTWD 335.2mTWD 137.9m
Operating incomeTWD 1.80bnTWD 2.85bnTWD 1.88bnTWD 1.56bnTWD 2.47bnTWD 1.88bnTWD 679.7mTWD 452.1mTWD 203.7mTWD 28.9m
Net incomeTWD 1.09bnTWD 2.23bnTWD 1.66bnTWD 934.4mTWD 1.66bnTWD 1.39bnTWD 565.1mTWD 461.8mTWD 182.7mTWD 10.6m
Diluted earnings per share6.3514.6814.247.9918.7212.045.464.471.750.09

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 47.94bnTWD 42.82bnTWD 30.14bnTWD 26.73bnTWD 21.59bnTWD 9.21bnTWD 4.89bnTWD 2.42bnTWD 1.78bnTWD 1.75bn
Cash and short-term investmentsTWD 5.94bnTWD 5.76bnTWD 5.38bnTWD 3.77bnTWD 2.84bnTWD 2.02bnTWD 867.4mTWD 590.3mTWD 613.1mTWD 552.4m
Total liabilitiesTWD 37.42bnTWD 32.23bnTWD 21.79bnTWD 20.00bnTWD 15.34bnTWD 5.85bnTWD 3.07bnTWD 964.4mTWD 463.4mTWD 623.0m
DebtTWD 29.07bnTWD 27.06bnTWD 17.72bnTWD 16.91bnTWD 12.82bnTWD 4.36bnTWD 2.40bnTWD 727.5mTWD 273.7mTWD 523.7m
Shareholders' equityTWD 8.34bnTWD 8.79bnTWD 7.03bnTWD 5.80bnTWD 5.58bnTWD 3.25bnTWD 1.76bnTWD 1.43bnTWD 1.28bnTWD 1.10bn
Shares outstanding171m152m116m117m89m115m103m103m104m113m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−TWD 1.08bn−TWD 6.14bnTWD 1.92bn−TWD 1.26bn−TWD 4.50bn−TWD 557.0m−TWD 1.17bn−TWD 46.0mTWD 288.9mTWD 186.2m
Capital spending−TWD 710,000−TWD 18.2m−TWD 8.0m−TWD 6.2m−TWD 10.4m−TWD 24.2m−TWD 35.4m−TWD 400,000−TWD 534,000−TWD 534,000
Free cash flow−TWD 1.08bn−TWD 6.16bnTWD 1.91bn−TWD 1.27bn−TWD 4.51bn−TWD 581.1m−TWD 1.20bn−TWD 46.4mTWD 288.4mTWD 185.6m
Dividends paid−TWD 1.41bn−TWD 859.8m−TWD 627.8m−TWD 758.5m−TWD 686.5m−TWD 402.8m−TWD 325.3m−TWD 308.2m−TWD 308.2m−TWD 308.2m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 1.81bnTWD 1.31bnTWD 2.94bnTWD 1.17bnTWD 1.53bnTWD 1.72bnTWD 4.32bnTWD 1.90bn
Gross profitTWD 443.6mTWD 367.8mTWD 999.9mTWD 386.9mTWD 439.8mTWD 816.3mTWD 630.7mTWD 1.05bn
Operating incomeTWD 269.4mTWD 215.9mTWD 765.9mTWD 240.0mTWD 369.9mTWD 624.5mTWD 315.4mTWD 822.3m
Net incomeTWD 177.9mTWD 24.4mTWD 490.2mTWD 54.4mTWD 184.8mTWD 357.2mTWD 181.2mTWD 587.5m
Diluted earnings per share0.860.122.870.321.082.091.193.87
Cash from operations—−TWD 2.53bnTWD 104.0mTWD 78.0m−TWD 884.0m−TWD 520.0m−TWD 1.06bn−TWD 5.16bn
Capital spending——————−TWD 2.0m−TWD 14.0m
Free cash flow——————−TWD 1.07bn−TWD 5.18bn
Total assets—TWD 49.68bnTWD 47.94bnTWD 46.33bnTWD 44.25bnTWD 43.45bnTWD 42.82bnTWD 40.42bn
Cash and short-term investments—TWD 4.98bnTWD 5.94bnTWD 5.39bnTWD 5.21bnTWD 5.42bnTWD 5.76bnTWD 5.98bn
Debt—TWD 31.13bnTWD 29.07bnTWD 28.63bnTWD 26.36bnTWD 25.36bnTWD 24.90bnTWD 23.45bn
Shareholders' equity—TWD 8.36bnTWD 8.34bnTWD 7.85bnTWD 7.80bnTWD 9.14bnTWD 8.79bnTWD 8.39bn

Financial ratios

Data as of 3 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2004FY2003FY2002FY2001FY2000
Gross margin36.0%36.8%34.6%44.8%51.1%59.0%—————
Operating margin24.5%28.1%24.2%30.7%38.8%50.2%—————
Net margin14.8%21.9%21.3%18.3%26.1%37.0%—————
Return on equity13.0%25.3%23.5%16.1%29.7%42.7%—————
Return on assets2.3%5.2%5.5%3.5%7.7%15.1%—————
Free cash flow yield-8.9%-57.2%23.4%-15.2%-71.7%-6.6%—————
Revenue growth-27.6%31.0%52.3%-19.9%69.6%116.1%—————
Earnings growth-51.2%34.6%77.2%-43.7%19.5%145.6%—————
Current ratio2.46x3.51x2.99x2.93x3.72x2.49x—————
Debt to equity3.49x2.83x2.22x2.48x1.94x1.34x—————
Equity ratio17.4%20.5%23.3%21.7%25.9%35.3%—————
Interest coverage3.79x12.59x10.33x11.05x19.36x149.14x—————
R&D as a share of sales——————1.9%8.1%2.1%1.6%1.4%
Buybacks as a share of market value-12.7%-30.5%0.5%-32.0%23.1%-11.4%—————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue13.0%14.4%23.1%
Operating income4.8%-0.9%31.2%
Net income5.2%-4.8%28.1%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin36.5%37.4%41.6%42.1%
Operating margin26.6%26.7%30.7%30.6%
Net margin18.9%19.4%22.1%22.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.113.03.74.53.94.36.26.39.2119.6
Price to sales1.82.90.80.81.01.62.02.62.12.8

Dividends and splits

Per share, in the currency the company pays

Paid for 8 years. Last went ex-dividend on 4 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year5.008.5716.6113.675.1384.6712.6272.305
  • 1.297-for-1 split · 30 Jul 2024
  • 11-for-10 split · 2 Aug 2022
  • 11-for-10 split · 30 Jul 2021
  • 1000-to-97.68 reverse split · 17 Dec 2012
  • 1000-to-356.056 reverse split · 9 Feb 2011
  • 100-to-53.382 reverse split · 1 Nov 2006

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.