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Kaori Heat Treatment Co 8996.TW · TWD

Industrials · Taiwan Stock Exchange · 🇹🇼 Taiwan

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1,280.00

+8.47%

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 6.58bn

FY2016FY2025

Net income

TWD 829.5m

FY2016FY2025

Free cash flow

TWD 273.7m

FY2016FY2025

Shareholders' equity

TWD 4.17bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 6.58bnTWD 4.00bnTWD 4.33bnTWD 2.84bnTWD 2.23bnTWD 2.08bnTWD 2.08bnTWD 1.93bnTWD 1.78bnTWD 2.71bn
Gross profitTWD 1.80bnTWD 1.19bnTWD 1.22bnTWD 785.6mTWD 593.6mTWD 528.4mTWD 575.5mTWD 566.9mTWD 492.0mTWD 744.3m
Research and developmentTWD 218.3mTWD 113.1mTWD 83.8mTWD 80.5mTWD 68.5mTWD 77.1mTWD 75.0mTWD 87.7mTWD 63.9mTWD 79.3m
Operating incomeTWD 1.03bnTWD 658.9mTWD 709.6mTWD 407.2mTWD 204.8mTWD 164.1mTWD 204.3mTWD 231.1mTWD 145.2mTWD 370.2m
Net incomeTWD 829.5mTWD 593.0mTWD 576.5mTWD 301.0mTWD 149.2mTWD 112.5mTWD 158.1mTWD 229.7mTWD 56.1mTWD 311.4m
Diluted earnings per share9.056.486.433.371.391.241.762.570.623.46

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 8.13bnTWD 6.10bnTWD 4.83bnTWD 4.16bnTWD 3.41bnTWD 3.48bnTWD 2.78bnTWD 2.75bnTWD 3.59bnTWD 3.23bn
Cash and short-term investmentsTWD 1.75bnTWD 1.92bnTWD 612.6mTWD 313.3mTWD 588.0mTWD 628.6mTWD 608.5mTWD 620.7mTWD 1.28bnTWD 651.5m
Total liabilitiesTWD 3.95bnTWD 2.67bnTWD 2.13bnTWD 2.10bnTWD 1.53bnTWD 1.55bnTWD 951.8mTWD 901.6mTWD 1.80bnTWD 1.22bn
DebtTWD 1.45bnTWD 1.70bnTWD 1.35bnTWD 1.44bnTWD 1.10bnTWD 1.15bnTWD 458.8mTWD 415.9mTWD 1.51bnTWD 794.8m
Shareholders' equityTWD 4.17bnTWD 3.44bnTWD 2.70bnTWD 2.06bnTWD 1.88bnTWD 1.92bnTWD 1.82bnTWD 1.85bnTWD 1.79bnTWD 2.01bn
Shares outstanding92m91m90m89m108m91m90m89m90m90m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 597.9mTWD 1.04bnTWD 679.0m−TWD 287.8mTWD 295.3mTWD 58.4mTWD 283.8mTWD 476.9mTWD 368.4mTWD 375.9m
Capital spending−TWD 324.2m−TWD 198.3m−TWD 352.0m−TWD 99.2m−TWD 100.6m−TWD 586.0m−TWD 89.8m−TWD 29.9m−TWD 184.7m−TWD 204.0m
Free cash flowTWD 273.7mTWD 843.0mTWD 327.0m−TWD 387.1mTWD 194.7m−TWD 527.6mTWD 194.0mTWD 447.0mTWD 183.7mTWD 171.9m
Dividends paid−TWD 365.9m−TWD 357.5m−TWD 134.1m−TWD 134.1m−TWD 152.0m−TWD 178.8m−TWD 178.8m−TWD 89.4m−TWD 268.2m−TWD 134.1m

Financial ratios

Data as of 13 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin27.3%29.8%28.3%27.6%26.6%25.4%
Operating margin15.7%16.5%16.4%14.3%9.2%7.9%
Net margin12.6%14.8%13.3%10.6%6.7%5.4%
Return on equity19.9%17.3%21.3%14.6%7.9%5.9%
Return on assets10.2%9.7%11.9%7.2%4.4%3.2%
Free cash flow yield0.8%1.0%0.9%-0.2%0.3%0.5%
Revenue growth64.4%-7.4%52.1%27.4%7.5%-0.3%
Earnings growth39.9%2.9%91.5%101.8%32.6%-28.8%
Current ratio1.56x2.05x2.71x1.52x1.42x1.64x
Debt to equity0.34x0.49x0.50x0.70x0.58x0.60x
Equity ratio51.3%56.3%56.0%49.5%55.2%55.3%
Interest coverage33.43x29.32x21.25x30.52x19.82x18.85x
R&D as a share of sales3.3%2.8%1.9%2.8%3.1%3.7%
Buybacks as a share of market value-0.2%-1.9%-0.3%16.9%-18.2%-1.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue32.3%25.9%11.7%
Operating income36.3%44.4%17.5%
Net income40.2%49.1%16.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin28.3%28.2%27.8%27.6%
Operating margin16.0%15.8%14.4%13.2%
Net margin13.4%13.0%11.6%10.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings64.148.934.755.846.544.529.714.461.916.1
Price to sales8.17.24.65.93.12.42.31.71.91.9

Dividends and splits

Per share, in the currency the company pays

Paid for 15 years. Last went ex-dividend on 27 Mar 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year4.5554.0223.9811.501.501.700.430.35
  • 11-for-10 split · 14 Aug 2015
  • 21-for-20 split · 7 Aug 2014
  • 21-for-20 split · 26 Jul 2013
  • 21-for-20 split · 31 Jul 2012
  • 1.088-for-1 split · 6 Aug 2009
  • 21-for-20 split · 26 Aug 2008

Sources and methodology

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

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