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J

Jiu Han System Technology Co 6903.TWO · TWD

Industrials · Taipei Exchange · 🇹🇼 Taiwan

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269.50

+10.00%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 3.60bn

FY2020FY2025

Net income

TWD 705.5m

FY2020FY2025

Free cash flow

TWD 770.7m

FY2020FY2025

Shareholders' equity

TWD 3.27bn

FY2020FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020
RevenueTWD 3.60bnTWD 2.89bnTWD 2.87bnTWD 4.72bnTWD 2.65bnTWD 2.14bn
Gross profitTWD 996.6mTWD 874.3mTWD 1.16bnTWD 1.82bnTWD 916.5mTWD 527.3m
Operating incomeTWD 856.6mTWD 725.1mTWD 1.05bnTWD 1.63bnTWD 747.5mTWD 451.7m
Net incomeTWD 705.5mTWD 594.3mTWD 820.5mTWD 1.30bnTWD 597.3mTWD 376.9m
Diluted earnings per share10.719.5313.5021.1210.1510.68

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Total assetsTWD 5.09bnTWD 3.80bnTWD 3.01bnTWD 3.17bnTWD 2.49bnTWD 1.59bn
Cash and short-term investments——TWD 2.28bnTWD 1.80bnTWD 1.67bnTWD 906.3m
Total liabilitiesTWD 1.82bnTWD 595.1mTWD 829.8mTWD 1.17bnTWD 1.35bnTWD 809.4m
Debt—TWD 770,000TWD 1.5mTWD 7.5mTWD 10.5mTWD 553,000
Shareholders' equityTWD 3.27bnTWD 3.21bnTWD 2.18bnTWD 2.00bnTWD 1.14bnTWD 785.1m
Shares outstanding66m62m61m62m59m35m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020
Cash from operationsTWD 780.1m−TWD 529.8mTWD 1.13bnTWD 565.7mTWD 1.04bnTWD 313.0m
Capital spending−TWD 9.5m−TWD 21.6m−TWD 5.1m−TWD 14.2m−TWD 1.2m−TWD 1.1m
Free cash flowTWD 770.7m−TWD 551.4mTWD 1.12bnTWD 551.5mTWD 1.04bnTWD 311.9m
Dividends paid−TWD 533.4m−TWD 618.1m−TWD 684.8m−TWD 445.3m−TWD 368.6m−TWD 83.1m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 2.08bnTWD 1.93bnTWD 1.64bnTWD 900.0mTWD 649.1mTWD 419.8mTWD 564.0mTWD 575.1m
Gross profitTWD 683.3mTWD 605.3mTWD 453.1mTWD 254.1mTWD 184.0mTWD 105.4mTWD 142.9mTWD 166.4m
Operating incomeTWD 625.1mTWD 547.7mTWD 414.2mTWD 215.2mTWD 151.9mTWD 75.2mTWD 116.0mTWD 140.7m
Net incomeTWD 488.7mTWD 442.5mTWD 339.3mTWD 180.2mTWD 119.5mTWD 66.5mTWD 106.7mTWD 112.1m
Diluted earnings per share7.426.725.152.701.791.001.711.80
Cash from operations—TWD 222.0mTWD 291.0m−TWD 117.0mTWD 642.0m−TWD 36.0m−TWD 228.0m−TWD 388.0m
Capital spending—−TWD 176.0m——−TWD 1.0m−TWD 7.0m—−TWD 16.0m
Free cash flow—TWD 46.0m——TWD 641.0m−TWD 43.0m—−TWD 404.0m
Total assetsTWD 6.53bnTWD 5.61bnTWD 5.09bnTWD 4.27bnTWD 4.43bnTWD 4.03bnTWD 3.80bnTWD 3.54bn
Shareholders' equityTWD 3.64bnTWD 3.71bnTWD 3.27bnTWD 2.96bnTWD 2.86bnTWD 3.27bnTWD 3.21bnTWD 3.10bn

Financial ratios

Data as of 28 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin27.7%30.3%40.6%38.7%34.6%24.7%
Operating margin23.8%25.1%36.5%34.6%28.2%22.4%
Net margin19.6%20.6%28.6%27.6%22.6%17.6%
Return on equity21.6%18.5%37.6%65.1%52.2%48.0%
Return on assets13.9%15.6%27.3%41.1%24.0%23.6%
Free cash flow yield—-2.6%6.0%———
Revenue growth24.9%0.6%-39.2%78.2%23.9%—
Earnings growth18.7%-27.6%-37.0%118.1%58.5%—
Current ratio2.74x6.31x3.60x2.70x1.84x1.94x
Debt to equity——0.19x0.21x0.00x0.00x
Equity ratio64.2%84.3%72.4%63.2%45.9%49.2%
Interest coverage2104.56x29002.28x11500.12x8409.86x2160.43x159295.00x
Buybacks as a share of market value—-2.6%————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-8.6%11.0%—
Operating income-19.3%13.7%—
Net income-18.5%13.4%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin28.8%34.5%33.4%—
Operating margin24.4%30.3%28.9%—
Net margin20.0%24.3%23.3%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022
Price to earnings22.113.812.05.9
Price to sales4.32.83.41.6

Dividends and splits

Per share, in the currency the company pays

Paid for 3 years. Last went ex-dividend on 23 Jun 2026.

FY2026FY2025FY2024FY2023
Paid in the year8.508.009.27118.00
  • 1592.8389-for-1000 split · 28 Jun 2023

Sources and methodology

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

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