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San Far Property 9946.TW · TWD

Real Estate · Taiwan Stock Exchange · 🇹🇼 Taiwan

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14.80

+1.37%

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 1.79bn

FY2016FY2025

Net income

TWD 494.2m

FY2016FY2025

Free cash flow

−TWD 406.8m

FY2016FY2025

Shareholders' equity

TWD 6.73bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 1.79bnTWD 2.03bnTWD 963.1mTWD 2.27bnTWD 1.72bnTWD 1.49bnTWD 5.08bnTWD 1.57bnTWD 1.65bnTWD 2.70bn
Gross profitTWD 956.4mTWD 715.1mTWD 266.7mTWD 387.0mTWD 418.7mTWD 436.1mTWD 2.01bnTWD 575.2mTWD 583.4mTWD 756.6m
Operating incomeTWD 693.8mTWD 464.4mTWD 132.0mTWD 183.4mTWD 233.3mTWD 225.5mTWD 1.60bnTWD 380.1mTWD 344.3mTWD 498.7m
Net incomeTWD 494.2mTWD 375.3mTWD 88.9mTWD 139.7mTWD 222.3mTWD 183.0mTWD 1.59bnTWD 346.7mTWD 396.0mTWD 402.4m
Diluted earnings per share1.521.150.270.430.710.544.551.001.111.11

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 17.26bnTWD 16.51bnTWD 15.74bnTWD 15.48bnTWD 15.31bnTWD 10.88bnTWD 11.56bnTWD 11.65bnTWD 11.08bnTWD 10.20bn
Cash and short-term investmentsTWD 1.66bnTWD 2.78bnTWD 2.22bnTWD 2.54bnTWD 2.35bnTWD 2.65bnTWD 3.33bnTWD 719.0mTWD 825.5mTWD 1.11bn
Total liabilitiesTWD 10.53bnTWD 9.80bnTWD 9.26bnTWD 9.02bnTWD 8.76bnTWD 4.34bnTWD 4.86bnTWD 6.46bnTWD 6.07bnTWD 5.46bn
DebtTWD 8.40bnTWD 8.44bnTWD 8.14bnTWD 8.16bnTWD 7.91bnTWD 3.74bnTWD 4.34bnTWD 5.19bnTWD 5.12bnTWD 4.77bn
Shareholders' equityTWD 6.73bnTWD 6.71bnTWD 6.48bnTWD 6.46bnTWD 6.54bnTWD 6.54bnTWD 6.71bnTWD 5.19bnTWD 5.00bnTWD 4.74bn
Shares outstanding325m327m327m327m311m340m349m345m356m362m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−TWD 405.8mTWD 748.3m−TWD 441.0mTWD 379.4m−TWD 4.05bnTWD 159.6mTWD 3.80bn−TWD 22.0m−TWD 871.0mTWD 1.03bn
Capital spending−TWD 962,000−TWD 4.5m−TWD 2.5m−TWD 2.1m−TWD 3.0m−TWD 3.7m−TWD 3.2m−TWD 2.7m−TWD 2.2m−TWD 12.3m
Free cash flow−TWD 406.8mTWD 743.9m−TWD 443.5mTWD 377.2m−TWD 4.05bnTWD 155.9mTWD 3.80bn−TWD 24.7m−TWD 873.2mTWD 1.02bn
Dividends paid−TWD 337.8m−TWD 228.6m−TWD 139.7m−TWD 222.1m−TWD 93.3m−TWD 180.5m−TWD 84.3m−TWD 156.9m−TWD 130.8m−TWD 261.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 359.2mTWD 2.29bnTWD 1.69bnTWD 30.5mTWD 32.3mTWD 30.2mTWD 688.4mTWD 251.5m
Gross profitTWD 182.2mTWD 1.23bnTWD 910.3mTWD 14.6mTWD 14.8mTWD 16.7mTWD 323.1mTWD 78.6m
Operating incomeTWD 126.9mTWD 1.07bnTWD 760.7m−TWD 21.8m−TWD 33.9m−TWD 17.7mTWD 249.9mTWD 23.1m
Net incomeTWD 87.7mTWD 830.6mTWD 599.7m−TWD 17.6m−TWD 61.8m−TWD 26.0mTWD 163.7mTWD 26.8m
Diluted earnings per share0.272.571.84-0.05-0.19-0.080.500.08
Cash from operations−TWD 137.0mTWD 1.61bnTWD 1.12bn−TWD 262.0m−TWD 586.0m−TWD 711.0mTWD 315.0m−TWD 241.0m
Capital spending———————−TWD 1.0m
Free cash flow———————−TWD 242.0m
Total assetsTWD 17.21bnTWD 17.44bnTWD 17.26bnTWD 17.60bnTWD 17.81bnTWD 16.78bnTWD 16.51bnTWD 16.11bn
Cash and short-term investmentsTWD 2.21bnTWD 2.00bnTWD 1.38bnTWD 1.89bnTWD 2.40bnTWD 1.95bnTWD 2.78bnTWD 2.18bn
DebtTWD 4.87bnTWD 8.06bnTWD 8.40bnTWD 9.87bnTWD 9.80bnTWD 8.70bnTWD 8.44bnTWD 8.16bn
Shareholders' equityTWD 7.16bnTWD 7.10bnTWD 6.73bnTWD 6.16bnTWD 6.14bnTWD 6.65bnTWD 6.71bnTWD 6.63bn

Financial ratios

Data as of 13 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin53.5%35.2%27.7%17.0%24.4%29.2%
Operating margin38.8%24.6%13.7%8.1%13.6%15.1%
Net margin27.6%18.5%9.2%6.1%13.0%12.3%
Return on equity7.3%5.6%1.4%2.2%3.4%2.8%
Return on assets2.9%2.3%0.6%0.9%1.5%1.7%
Free cash flow yield-7.5%13.8%-8.1%7.0%-78.1%2.9%
Revenue growth-12.0%110.9%-57.6%32.5%15.0%-70.6%
Earnings growth31.7%322.4%-36.4%-37.2%21.5%-88.5%
Current ratio2.44x2.50x2.20x2.74x2.08x4.82x
Debt to equity1.25x1.26x1.27x1.29x1.22x0.58x
Equity ratio39.0%40.6%41.2%41.7%42.8%60.1%
Interest coverage10.34x18.89x3.48x4.81x12.85x47.69x
Buybacks as a share of market value0.5%-0.1%-0.0%-5.0%8.4%2.6%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-7.7%3.7%-9.8%
Operating income55.8%25.2%-3.8%
Net income52.4%22.0%-4.0%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin43.8%33.0%31.0%32.6%
Operating margin30.3%20.9%18.8%22.0%
Net margin22.8%15.6%14.6%19.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings12.619.775.028.521.130.05.410.59.07.5
Price to sales3.53.66.91.82.73.71.72.32.21.1

Dividends and splits

Per share, in the currency the company pays

Paid for 10 years. Last went ex-dividend on 27 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.3841.0410.700.4280.680.300.5910.259
  • 21-for-20 split · 29 Sept 2021
  • 1.103-for-1 split · 19 Nov 2020
  • 1.07-for-1 split · 19 Aug 2019
  • 1.075-for-1 split · 6 Sept 2018
  • 1.041-for-1 split · 14 Aug 2015
  • 21-for-20 split · 9 Aug 2007

Sources and methodology

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

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