LI Ming Development Construction Co 6212.TWO · TWD
Real Estate · Taipei Exchange · 🇹🇼 Taiwan
35.45
—
Close of 9 Nov 2026, in TWD
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At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 1.69bn
FY2016FY2025
Net income
TWD 403.7m
FY2016FY2025
Free cash flow
−TWD 331.1m
FY2016FY2025
Shareholders' equity
TWD 3.73bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 1.69bn | TWD 3.79bn | TWD 5.66bn | TWD 1.23bn | TWD 3.28bn | TWD 3.31bn | TWD 688.6m | TWD 3.79bn | TWD 1.61bn | TWD 2.44bn |
| Gross profit | TWD 669.2m | TWD 1.03bn | TWD 1.14bn | TWD 364.3m | TWD 740.9m | TWD 652.9m | TWD 131.4m | TWD 1.02bn | TWD 283.1m | TWD 650.6m |
| Operating income | TWD 532.1m | TWD 793.8m | TWD 821.8m | TWD 253.5m | TWD 528.1m | TWD 444.3m | TWD 59.7m | TWD 807.2m | TWD 186.8m | TWD 377.5m |
| Net income | TWD 403.7m | TWD 621.7m | TWD 639.0m | TWD 178.9m | TWD 416.8m | TWD 348.7m | TWD 20.7m | TWD 766.8m | TWD 170.2m | TWD 337.6m |
| Diluted earnings per share | 3.94 | 6.07 | 6.08 | 1.75 | 4.09 | 3.42 | 0.20 | 7.49 | 1.66 | 3.31 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 10.99bn | TWD 11.92bn | TWD 13.01bn | TWD 14.88bn | TWD 12.95bn | TWD 9.45bn | TWD 6.55bn | TWD 3.19bn | TWD 3.74bn | TWD 2.84bn |
| Cash and short-term investments | — | — | TWD 900.2m | TWD 383.6m | TWD 254.5m | TWD 1.01bn | — | — | — | TWD 193.8m |
| Total liabilities | TWD 7.26bn | TWD 8.24bn | TWD 9.60bn | TWD 12.11bn | TWD 10.36bn | TWD 6.96bn | TWD 4.42bn | TWD 763.4m | TWD 2.08bn | TWD 1.20bn |
| Debt | — | — | TWD 5.90bn | TWD 9.43bn | TWD 7.75bn | TWD 4.31bn | — | — | — | TWD 361.2m |
| Shareholders' equity | TWD 3.73bn | TWD 3.68bn | TWD 3.42bn | TWD 2.78bn | TWD 2.60bn | TWD 2.49bn | TWD 2.14bn | TWD 2.43bn | TWD 1.66bn | TWD 1.64bn |
| Shares outstanding | 102m | 102m | 105m | 102m | 102m | 102m | 102m | 102m | 102m | 102m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | −TWD 331.1m | −TWD 425.1m | TWD 4.00bn | −TWD 1.51bn | −TWD 3.85bn | −TWD 768.0m | −TWD 2.60bn | TWD 1.25bn | −TWD 522.5m | TWD 494.7m |
| Capital spending | — | −TWD 7.7m | −TWD 235,000 | — | −TWD 196,000 | −TWD 196,000 | −TWD 196,000 | −TWD 196,000 | — | — |
| Free cash flow | −TWD 331.1m | −TWD 432.8m | TWD 4.00bn | −TWD 1.51bn | −TWD 3.85bn | −TWD 768.2m | −TWD 2.60bn | TWD 1.25bn | −TWD 522.5m | TWD 494.7m |
| Dividends paid | −TWD 357.0m | −TWD 357.0m | — | — | −TWD 306.0m | −TWD 306.0m | −TWD 306.0m | −TWD 153.0m | −TWD 153.0m | −TWD 153.0m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 335.8m | TWD 215.6m | TWD 323.8m | TWD 182.5m | TWD 332.9m | TWD 855.4m | TWD 1.51bn | TWD 3.3m |
| Gross profit | TWD 132.9m | TWD 81.0m | TWD 122.1m | TWD 70.7m | TWD 129.0m | TWD 347.4m | TWD 602.9m | TWD 622,000 |
| Operating income | TWD 102.1m | TWD 56.8m | TWD 94.9m | TWD 50.3m | TWD 99.3m | TWD 296.3m | TWD 518.5m | −TWD 9.6m |
| Net income | TWD 57.9m | TWD 40.4m | TWD 71.4m | TWD 35.2m | TWD 65.6m | TWD 231.6m | TWD 413.8m | −TWD 9.9m |
| Diluted earnings per share | 0.57 | 0.39 | 0.70 | 0.34 | 0.64 | 2.26 | 4.04 | -0.10 |
| Cash from operations | TWD 206.0m | TWD 61.0m | TWD 82.0m | −TWD 127.0m | −TWD 131.0m | −TWD 154.0m | TWD 1.32bn | −TWD 542.0m |
| Capital spending | — | — | — | — | — | — | −TWD 6.0m | — |
| Free cash flow | — | — | — | — | — | — | TWD 1.32bn | — |
| Total assets | TWD 11.25bn | TWD 10.99bn | TWD 10.99bn | TWD 11.01bn | TWD 10.87bn | TWD 11.01bn | TWD 11.92bn | TWD 11.96bn |
| Shareholders' equity | TWD 3.82bn | TWD 3.77bn | TWD 3.73bn | TWD 3.66bn | TWD 3.62bn | TWD 3.91bn | TWD 3.68bn | TWD 3.27bn |
Financial ratios
Data as of 21 Oct 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 39.5% | 27.1% | 20.2% | 29.6% | 22.6% | 19.7% |
| Operating margin | 32.2% | 21.1% | 14.5% | 20.6% | 16.1% | 13.4% |
| Net margin | 23.8% | 16.4% | 11.3% | 14.5% | 12.7% | 10.5% |
| Return on equity | 10.8% | 16.9% | 18.7% | 6.4% | 16.0% | 14.0% |
| Return on assets | 3.7% | 5.2% | 4.9% | 1.2% | 3.2% | 3.7% |
| Free cash flow yield | — | -11.9% | 111.2% | — | -110.4% | -22.0% |
| Revenue growth | -55.3% | -33.0% | 359.9% | -62.5% | -0.7% | 380.4% |
| Earnings growth | -35.1% | -2.7% | 257.2% | -57.1% | 19.6% | 1586.3% |
| Current ratio | 1.50x | 1.43x | 1.34x | 1.23x | 1.25x | 1.35x |
| Debt to equity | — | — | 1.73x | 3.40x | 2.98x | 1.73x |
| Equity ratio | 33.9% | 30.9% | 26.2% | 18.7% | 20.0% | 26.3% |
| Interest coverage | 19.30x | 78.15x | 62.65x | 39.03x | 78.07x | 59.94x |
| Buybacks as a share of market value | — | 2.7% | -3.1% | 0.0% | 0.0% | — |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 11.3% | -12.5% | -7.0% |
| Operating income | 28.0% | 3.7% | 1.9% |
| Net income | 31.2% | 3.0% | -0.3% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 30.9% | 25.9% | 24.2% | 23.2% |
| Operating margin | 24.2% | 19.4% | 17.8% | 16.9% |
| Net margin | 18.7% | 14.9% | 13.8% | 13.9% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 10.5 | 9.5 | 8.6 | 26.2 | 14.6 | 17.0 | 215.3 | 5.8 | 18.5 | 9.3 |
| Price to sales | 2.5 | 1.6 | 1.0 | 3.8 | 1.9 | 1.8 | 6.5 | 1.2 | 1.9 | 1.3 |
Dividends and splits
Per share, in the currency the company pays
Paid for 2 years. Last went ex-dividend on 17 Jul 2025.
| FY2025 | FY2024 | |
|---|---|---|
| Paid in the year | 3.50 | 3.50 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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