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C

Cheng Fwa Industrial Co 5426.TWO · TWD

Industrials · Taipei Exchange · 🇹🇼 Taiwan

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26.85

+5.09%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 1.76bn

FY2016FY2025

Net income

TWD 74.3m

FY2016FY2025

Free cash flow

−TWD 60.0m

FY2016FY2025

Shareholders' equity

TWD 2.25bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 1.76bnTWD 1.50bnTWD 1.41bnTWD 2.07bnTWD 1.66bnTWD 1.53bnTWD 1.40bnTWD 1.83bnTWD 1.65bnTWD 1.74bn
Gross profitTWD 337.2mTWD 272.8mTWD 219.1mTWD 358.9mTWD 243.8mTWD 292.1mTWD 199.4mTWD 364.5mTWD 286.1mTWD 398.0m
Research and developmentTWD 42.7mTWD 39.8mTWD 38.1mTWD 41.1mTWD 36.2mTWD 33.6mTWD 26.8mTWD 26.6mTWD 27.2mTWD 27.9m
Operating incomeTWD 74.5mTWD 24.5m−TWD 21.9mTWD 107.9m−TWD 86.8m−TWD 13.9m−TWD 22.0mTWD 141.5mTWD 82.9mTWD 194.8m
Net incomeTWD 74.3mTWD 142.1mTWD 7.5mTWD 163.2m−TWD 88.7m−TWD 37.7m−TWD 22.8mTWD 137.6mTWD 14.0mTWD 181.0m
Diluted earnings per share0.520.990.051.13-0.62-0.26-0.160.960.101.26

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 3.22bnTWD 3.03bnTWD 2.68bnTWD 3.04bnTWD 3.15bnTWD 2.84bnTWD 2.69bnTWD 2.89bnTWD 3.04bnTWD 2.84bn
Cash and short-term investments—————————TWD 1.05bn
Total liabilitiesTWD 962.3mTWD 749.8mTWD 616.9mTWD 942.7mTWD 1.25bnTWD 843.0mTWD 592.6mTWD 588.1mTWD 860.5mTWD 583.4m
Shareholders' equityTWD 2.25bnTWD 2.27bnTWD 2.06bnTWD 2.09bnTWD 1.90bnTWD 1.98bnTWD 2.03bnTWD 2.23bnTWD 2.11bnTWD 2.25bn
Shares outstanding144m144m144m144m144m144m144m144m144m144m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 174.7mTWD 61.5mTWD 312.2mTWD 215.1m−TWD 123.2m−TWD 17.4mTWD 151.2mTWD 240.3mTWD 46.5mTWD 219.7m
Capital spending−TWD 234.7m−TWD 73.6m−TWD 27.5m−TWD 28.0m−TWD 43.4m−TWD 60.2m−TWD 115.9m−TWD 206.3m−TWD 75.3m−TWD 22.1m
Free cash flow−TWD 60.0m−TWD 12.1mTWD 284.8mTWD 187.1m−TWD 166.6m−TWD 77.6mTWD 35.4mTWD 34.0m−TWD 28.8mTWD 197.6m
Dividends paid−TWD 71.9m—−TWD 28.8m———−TWD 143.8m−TWD 143.8m−TWD 143.8m−TWD 86.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 504.1mTWD 500.1mTWD 431.9mTWD 439.0mTWD 415.9mTWD 471.5mTWD 489.0mTWD 368.0m
Gross profitTWD 107.6mTWD 105.0mTWD 69.4mTWD 73.2mTWD 81.3mTWD 113.3mTWD 122.2mTWD 63.7m
Operating incomeTWD 31.9mTWD 44.1m−TWD 8.0mTWD 10.7mTWD 16.8mTWD 55.0mTWD 40.0m−TWD 805,000
Net incomeTWD 17.3mTWD 39.6mTWD 17.9mTWD 15.9m−TWD 17.1mTWD 57.5mTWD 46.5mTWD 81.5m
Diluted earnings per share0.120.280.120.11-0.120.400.320.57
Cash from operationsTWD 47.0m−TWD 10.0mTWD 39.0mTWD 56.0mTWD 6.0mTWD 71.0mTWD 75.0m−TWD 65.0m
Capital spending−TWD 87.0m−TWD 70.0m−TWD 143.0m−TWD 38.0m−TWD 40.0m−TWD 11.0m−TWD 22.0m−TWD 20.0m
Free cash flow−TWD 40.0m−TWD 80.0m−TWD 104.0mTWD 18.0m−TWD 34.0mTWD 60.0mTWD 53.0m−TWD 85.0m
Total assetsTWD 3.18bnTWD 3.09bnTWD 3.22bnTWD 3.05bnTWD 2.84bnTWD 3.10bnTWD 3.03bnTWD 2.77bn
Shareholders' equityTWD 2.30bnTWD 2.32bnTWD 2.25bnTWD 2.19bnTWD 2.12bnTWD 2.35bnTWD 2.27bnTWD 2.20bn

Financial ratios

Data as of 25 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin19.2%18.2%15.6%17.4%14.6%19.1%
Operating margin6.1%12.3%2.6%12.0%-5.8%-0.9%
Net margin4.2%9.5%0.5%7.9%-5.3%-2.5%
Return on equity3.3%6.2%0.4%7.8%-4.7%-1.9%
Return on assets2.3%4.7%0.3%5.4%-2.8%-1.3%
Free cash flow yield—3.1%7.8%5.6%-1.8%1.0%
Revenue growth17.0%6.7%-31.9%24.2%8.7%9.6%
Earnings growth-47.7%1805.3%-95.4%-284.0%135.2%65.4%
Current ratio2.41x3.26x3.37x2.28x1.66x2.20x
Equity ratio70.0%75.1%76.8%68.8%60.3%69.8%
Interest coverage66.87x37092.40x22.01x69.58x-23.64x-18.50x
R&D as a share of sales2.4%2.6%2.7%2.0%2.2%2.2%
Buybacks as a share of market value—0.0%0.0%0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-5.3%2.8%0.9%
Operating income-11.6%—-5.4%
Net income-23.1%—-3.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin18.7%17.6%17.4%18.1%
Operating margin3.0%2.7%0.8%3.4%
Net margin6.6%5.7%2.6%3.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings38.131.4—11.7-20.0-41.9-74.415.4158.49.8
Price to sales1.63.02.90.91.11.01.21.21.31.0

Dividends and splits

Per share, in the currency the company pays

Paid for 1 years. Last went ex-dividend on 29 Jul 2025.

FY2025FY2023
Paid in the year0.500.20

Sources and methodology

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

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