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Sino Horizon Holdings 2923.TW · TWD

Real Estate · Taiwan Stock Exchange · 🇹🇼 Taiwan

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28.30

-9.87%

Close of 9 Nov 2026, in TWD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 5.80bn

FY2016FY2025

Net income

−TWD 6.30bn

FY2016FY2025

Free cash flow

−TWD 2.21bn

FY2016FY2025

Shareholders' equity

TWD 44.25bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 5.80bnTWD 8.56bnTWD 11.73bnTWD 9.22bnTWD 4.80bnTWD 13.42bnTWD 5.74bnTWD 6.93bnTWD 5.03bnTWD 7.45bn
Gross profitTWD 2.82bnTWD 5.02bnTWD 6.51bnTWD 5.47bnTWD 2.67bnTWD 5.52bnTWD 2.85bnTWD 4.00bnTWD 3.20bnTWD 4.20bn
Research and development——TWD 0TWD 0TWD 0TWD 0TWD 0TWD 0TWD 0TWD 1
Operating incomeTWD 2.37bnTWD 3.58bnTWD 5.91bnTWD 3.38bnTWD 2.42bnTWD 3.46bnTWD 604.5mTWD 4.17bnTWD 1.90bnTWD 5.35bn
Net income−TWD 6.30bnTWD 759.3mTWD 565.4mTWD 592.8mTWD 1.17bnTWD 1.18bnTWD 422.6mTWD 1.63bnTWD 147.8mTWD 2.40bn
Diluted earnings per share-3.720.440.320.340.670.680.240.910.081.36

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 117.47bnTWD 129.99bnTWD 121.09bnTWD 112.13bnTWD 111.07bnTWD 116.50bnTWD 123.55bnTWD 119.02bnTWD 116.11bnTWD 113.77bn
Cash and short-term investmentsTWD 15.86bnTWD 22.29bnTWD 16.20bnTWD 16.86bnTWD 15.26bnTWD 13.78bnTWD 16.47bnTWD 7.68bnTWD 5.73bnTWD 6.76bn
Total liabilitiesTWD 70.83bnTWD 78.19bnTWD 71.20bnTWD 61.74bnTWD 58.38bnTWD 62.35bnTWD 68.74bnTWD 66.50bnTWD 62.10bnTWD 59.95bn
DebtTWD 52.09bnTWD 57.48bnTWD 48.30bnTWD 40.83bnTWD 39.96bnTWD 48.71bnTWD 47.27bnTWD 39.55bnTWD 37.62bnTWD 34.75bn
Shareholders' equityTWD 44.25bnTWD 50.66bnTWD 48.86bnTWD 50.31bnTWD 52.62bnTWD 54.07bnTWD 54.73bnTWD 50.02bnTWD 51.22bnTWD 51.05bn
Shares outstanding1,693m1,740m1,743m1,740m1,738m1,738m1,782m1,787m1,862m1,769m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−TWD 2.21bn−TWD 5.34bnTWD 323.0mTWD 1.94bn−TWD 1.88bnTWD 1.68bn−TWD 2.13bnTWD 1.31bn−TWD 5.14bn−TWD 1.81bn
Capital spending−TWD 546,000−TWD 9.3m−TWD 182.6m−TWD 64.8m−TWD 25.8m−TWD 12.6m−TWD 27.8m−TWD 42.8m−TWD 47.1m−TWD 6.2m
Free cash flow−TWD 2.21bn−TWD 5.35bnTWD 140.4mTWD 1.87bn−TWD 1.90bnTWD 1.66bn−TWD 2.16bnTWD 1.27bn−TWD 5.19bn−TWD 1.82bn
Dividends paid−TWD 417.7m−TWD 348.1m−TWD 1.04bn−TWD 2.09bn−TWD 2.09bn−TWD 3.88bn−TWD 1.25bn−TWD 626.5m−TWD 626.5m−TWD 626.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 2.20bnTWD 2.07bnTWD 3.35bnTWD 861.4mTWD 765.0mTWD 815.3mTWD 928.6mTWD 2.70bn
Gross profitTWD 1.05bnTWD 1.20bnTWD 1.87bnTWD 404.7mTWD 208.5mTWD 422.0mTWD 640.5mTWD 1.59bn
Operating incomeTWD 877.0mTWD 1.04bn−TWD 4.83bnTWD 599.7m−TWD 958.5mTWD 326.3mTWD 1.10bnTWD 1.45bn
Net income−TWD 224.5mTWD 26.6m−TWD 5.53bnTWD 247.9m−TWD 767.1m−TWD 257.0mTWD 505.8mTWD 44.1m
Diluted earnings per share-0.130.02-3.260.15-0.45-0.150.290.03
Cash from operationsTWD 908.0m−TWD 2.46bnTWD 62.0mTWD 1.74bn−TWD 1.30bn−TWD 1.22bn−TWD 989.0m−TWD 165.0m
Capital spending——————−TWD 22.0m—
Free cash flow——————−TWD 1.01bn—
Total assetsTWD 118.71bnTWD 117.79bnTWD 117.47bnTWD 119.12bnTWD 117.26bnTWD 131.79bnTWD 129.99bnTWD 134.67bn
Cash and short-term investmentsTWD 16.71bnTWD 14.70bnTWD 15.86bnTWD 15.84bnTWD 17.86bnTWD 21.05bnTWD 22.29bnTWD 25.70bn
DebtTWD 8.36bnTWD 53.94bnTWD 52.09bnTWD 50.57bnTWD 52.23bnTWD 57.96bnTWD 57.48bnTWD 60.48bn
Shareholders' equityTWD 46.31bnTWD 45.83bnTWD 44.25bnTWD 47.51bnTWD 45.29bnTWD 51.42bnTWD 50.66bnTWD 51.16bn

Financial ratios

Data as of 19 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin48.6%58.6%55.5%59.3%55.5%41.2%——
Operating margin40.9%41.8%50.4%36.6%50.4%25.8%——
Net margin-108.8%8.9%4.8%6.4%24.4%8.8%——
Return on equity-14.2%1.5%1.2%1.2%2.2%2.2%——
Return on assets-5.4%0.6%0.5%0.5%1.1%1.0%——
Free cash flow yield-4.8%-11.3%1.1%4.2%-3.9%3.6%——
Revenue growth-32.3%-27.0%27.2%92.0%-64.2%133.9%——
Earnings growth-930.2%34.3%-4.6%-49.4%-0.5%178.6%——
Current ratio2.69x3.08x2.73x3.35x2.01x6.74x——
Debt to equity1.18x1.13x0.99x0.81x0.76x0.90x——
Equity ratio37.7%39.0%40.4%44.9%47.4%46.4%——
Interest coverage1.33x1.76x3.91x5.27x5.30x4.54x——
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value2.7%0.1%-0.1%-0.2%0.0%2.5%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-14.3%-15.5%-7.6%
Operating income-11.2%-7.3%-11.9%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin54.5%56.1%52.3%52.6%
Operating margin41.4%43.1%39.4%45.4%
Net margin-38.6%-12.4%-3.8%6.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-5.458.588.863.342.243.5114.020.9231.215.7
Price to sales5.85.24.34.110.33.88.44.96.85.0

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 2 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.120.240.200.601.201.202.230.72
  • 1.011-for-1 split · 28 Aug 2013

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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