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Thye Ming Industrial Co 9927.TW · TWD

Materials · Taiwan Stock Exchange · 🇹🇼 Taiwan

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58.50

+0.17%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 8.05bn

FY2016FY2025

Net income

TWD 653.0m

FY2016FY2025

Free cash flow

TWD 210.9m

FY2016FY2025

Shareholders' equity

TWD 5.62bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 8.05bnTWD 8.55bnTWD 9.22bnTWD 9.06bnTWD 8.84bnTWD 8.54bnTWD 9.84bnTWD 10.59bnTWD 10.85bnTWD 9.31bn
Gross profitTWD 991.2mTWD 1.23bnTWD 1.40bnTWD 996.8mTWD 1.30bnTWD 689.2mTWD 827.1mTWD 716.1mTWD 1.41bnTWD 1.12bn
Operating incomeTWD 767.7mTWD 962.8mTWD 1.14bnTWD 897.5mTWD 1.04bnTWD 460.7mTWD 674.0mTWD 537.5mTWD 1.18bnTWD 902.6m
Net incomeTWD 653.0mTWD 1.05bnTWD 993.8mTWD 680.5mTWD 785.8mTWD 351.6mTWD 511.9mTWD 365.4mTWD 1.00bnTWD 795.0m
Diluted earnings per share4.816.275.944.064.691.682.442.084.803.82

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 6.36bnTWD 7.36bnTWD 7.64bnTWD 7.17bnTWD 6.91bnTWD 6.35bnTWD 6.55bnTWD 6.89bnTWD 7.02bnTWD 6.20bn
Cash and short-term investmentsTWD 2.51bnTWD 3.84bnTWD 3.80bnTWD 2.29bnTWD 1.28bnTWD 1.61bnTWD 1.68bnTWD 2.46bnTWD 1.87bnTWD 1.68bn
Total liabilitiesTWD 712.5mTWD 759.9mTWD 1.27bnTWD 1.08bnTWD 924.5mTWD 1.14bnTWD 1.24bnTWD 1.76bnTWD 1.69bnTWD 1.30bn
DebtTWD 1.6mTWD 35.4mTWD 502.0mTWD 453.7mTWD 166.1mTWD 537.6mTWD 588.5mTWD 1.22bnTWD 1.03bnTWD 772.1m
Shareholders' equityTWD 5.62bnTWD 6.57bnTWD 6.34bnTWD 6.05bnTWD 5.94bnTWD 5.19bnTWD 5.28bnTWD 5.11bnTWD 5.31bnTWD 4.87bn
Shares outstanding136m168m167m168m168m209m210m176m209m208m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 292.6mTWD 702.8mTWD 2.33bnTWD 493.2mTWD 794.9mTWD 455.1mTWD 346.9mTWD 1.16bnTWD 469.8mTWD 434.3m
Capital spending−TWD 81.7m−TWD 69.4m−TWD 94.8m−TWD 71.9m−TWD 39.8m−TWD 35.1m−TWD 55.5m−TWD 69.3m−TWD 52.1m−TWD 58.2m
Free cash flowTWD 210.9mTWD 633.4mTWD 2.23bnTWD 421.3mTWD 755.1mTWD 420.0mTWD 291.4mTWD 1.09bnTWD 417.7mTWD 376.1m
Dividends paid−TWD 1.00bn−TWD 861.7m−TWD 669.3m−TWD 752.9m−TWD 209.1m−TWD 418.3m−TWD 288.6m−TWD 627.4m−TWD 522.9m−TWD 418.3m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 2.57bnTWD 2.17bnTWD 2.13bnTWD 1.85bnTWD 1.99bnTWD 2.08bnTWD 2.05bnTWD 2.19bn
Gross profitTWD 221.6mTWD 196.0mTWD 267.1mTWD 206.1mTWD 262.1mTWD 262.4mTWD 242.2mTWD 294.5m
Operating incomeTWD 164.9mTWD 139.2mTWD 207.9mTWD 145.9mTWD 213.9mTWD 201.2mTWD 171.4mTWD 230.6m
Net incomeTWD 138.5mTWD 134.6mTWD 223.6mTWD 218.4mTWD 11.9mTWD 199.1mTWD 230.3mTWD 188.1m
Diluted earnings per share1.151.121.651.610.091.471.371.12
Cash from operationsTWD 9.0mTWD 127.0m−TWD 52.0mTWD 1.25bn−TWD 92.0m−TWD 59.0mTWD 759.0mTWD 78.0m
Capital spending−TWD 13.0m−TWD 19.0m−TWD 13.0m−TWD 20.0m−TWD 22.0m−TWD 28.0m−TWD 15.0m−TWD 9.0m
Free cash flow−TWD 4.0mTWD 108.0m−TWD 65.0mTWD 1.24bn−TWD 114.0m−TWD 87.0mTWD 744.0mTWD 69.0m
Total assetsTWD 6.75bnTWD 6.74bnTWD 6.36bnTWD 6.50bnTWD 7.18bnTWD 7.58bnTWD 7.36bnTWD 7.98bn
Cash and short-term investmentsTWD 2.83bnTWD 2.83bnTWD 2.51bnTWD 3.00bnTWD 3.60bnTWD 3.90bnTWD 3.84bnTWD 4.51bn
DebtTWD 201.6mTWD 201.5mTWD 1.6mTWD 1.5mTWD 1,000TWD 35.1mTWD 35.4mTWD 35.9m
Shareholders' equityTWD 5.30bnTWD 5.19bnTWD 5.62bnTWD 5.34bnTWD 5.55bnTWD 5.78bnTWD 6.57bnTWD 6.32bn

Financial ratios

Data as of 8 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2007FY2006FY2005FY2004FY2003
Gross margin12.3%14.4%15.2%11.0%14.7%8.1%—————
Operating margin9.5%15.5%13.9%9.9%11.9%5.4%—————
Net margin8.1%12.3%10.8%7.5%8.9%4.1%—————
Return on equity11.6%16.0%15.7%11.2%13.2%6.8%—————
Return on assets10.3%14.3%13.0%9.5%11.4%5.5%—————
Free cash flow yield4.4%7.4%23.3%5.4%8.0%3.8%—————
Revenue growth-5.9%-7.2%1.7%2.5%3.6%-13.2%—————
Earnings growth-38.0%5.9%46.0%-13.4%123.5%-31.3%—————
Current ratio12.86x13.65x6.82x7.84x8.04x5.81x—————
Debt to equity0.00x0.01x0.08x0.07x0.03x0.10x—————
Equity ratio88.3%89.3%83.0%84.4%86.0%81.7%—————
Interest coverage11126.78x1062.15x214.42x230.30x230.62x40.24x—————
R&D as a share of sales——————0.1%0.1%0.2%0.1%0.1%
Buybacks as a share of market value19.1%-0.2%0.1%-0.1%19.8%0.4%—————

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-3.9%-1.2%-2.6%
Operating income-5.1%10.8%1.6%
Net income-1.4%13.2%2.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin13.4%13.2%12.6%11.2%
Operating margin10.4%10.8%10.1%8.9%
Net margin10.3%9.7%8.6%7.4%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.214.216.612.911.330.623.225.514.215.5
Price to sales1.11.81.81.01.01.31.20.91.31.3

Dividends and splits

Per share, in the currency the company pays

Paid for 16 years. Last went ex-dividend on 24 Nov 2025.

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Paid in the year12.3097.1815.5776.2745.2293.4862.4055.229
  • 1000-to-717.195 reverse split · 24 Nov 2025
  • 1000-to-717 reverse split · 13 Nov 2025
  • 1000-to-800 reverse split · 6 Dec 2021
  • 1.025-for-1 split · 30 Aug 2013
  • 1.05-for-1 split · 24 Aug 2010
  • 21-for-20 split · 29 Aug 2008

Sources and methodology

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

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.