1. Taiwan, Province of China Stocks

  2. •

    Consumer Defensive

  3. •

    Food Confectioners
AGV Products Corp.

AGV Products Corp.

1217.TW
AGV Products Corp.TW flagTaiwan Stock Exchange
9.99
TWD
-0.01
- -
4.94BMarket Cap
AGV Products Corp.
1217.TW
(Taiwan Stock Exchange)

Recent

price

9.99

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11
9.68
8.93
9.06
7.24
8.13
8.32
8.38
8.74
9.04
9.33
9.53
9.71
9.91
10.34
- -
10.21
Revenue per Share
0.39
0.02
0.01
-0.11
-0.72
0.1
0.21
0.27
0.1
0.1
0.47
0.41
0.56
0.41
0.58
- -
0.42
Basic EPS, GAAP
-0.14
-1.45
-0.6
-1.25
-1.41
-0.34
0.06
-0.07
0.21
0.35
0.9
-0.01
0.13
0.62
1.02
- -
0.13
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.3
0.4
0.23
- -
- -
Dividend per Share
10.02
10.44
11.28
11.19
9.32
9.92
10.19
10.21
10.26
10.11
10.43
10.38
10.65
10.53
10.6
- -
10.56
Book Value per Share
11.52
11.64
12.72
12.92
12.5
12.26
12.16
12.34
12.65
13
13.85
14.94
15.19
15.28
16.83
- -
17.39
Tangible Book Value per Share
454
480
495
495
495
495
495
495
495
495
495
495
495
495
495
- -
493
Basic Weighted Avg Shares
4,997
4,644
4,417
4,480
3,582
4,019
4,115
4,146
4,322
4,468
4,614
4,711
4,801
4,900
5,116
5,035
5,035
Sales/Revenue/Turnover
4.71
1.34
1.35
-0.81
-9.48
-4.74
-0.77
-0.12
1.71
2.84
4.67
3.64
3.57
2.67
2.82
1.51
1.51
Operating Margin (%)
306
297
239
293
306
281
143
139
130
142
135
135
131
131
137
142
142
Depreciation Expense
178
11
5
-54
-358
48
103
133
48
48
233
201
278
201
287
209
209
Net Income, GAAP
33.98
54.13
82.98
- -
- -
33.96
10.76
4.45
- -
6.79
19.63
23.87
5.1
16.55
16.29
5.02
5.02
Effective Tax Rate (%)
3.55
0.24
0.1
-1.2
-9.99
1.2
2.51
3.21
1.11
1.08
5.05
4.27
5.79
4.1
5.61
4.14
4.14
Profit Margin (%)
736
1,039
1,300
1,098
-554
-630
-725
-805
-1,368
-1,169
-1,266
-315
-300
-46
-266
-133
-133
Working Capital
2,419
3,193
4,074
4,367
3,347
2,000
2,354
3,096
2,650
2,841
2,728
3,481
3,171
3,617
3,319
4,010
4,010
LT Debt
5,297
5,618
6,320
6,431
6,219
6,094
6,041
6,124
6,272
6,439
6,858
7,397
7,517
7,564
8,331
8,588
8,588
Total Equity
1.87
0.31
0.09
- -
- -
-1.1
-0.27
-0.04
- -
1.09
1.55
1.07
1.3
0.87
0.93
0.52
0.52
Return on Invested Capital (%)
2.35
0.6
0.21
- -
- -
1.04
1.94
2.21
- -
1.5
3.05
2.55
3.46
2.68
3.46
2.93
2.93
Return on Capital (%)
3.95
0.24
0.09
-0.97
-7.06
1.02
2.08
2.64
0.95
0.95
4.58
3.91
5.34
3.84
5.49
3.99
3.99
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
1,919
1,938
1,668
LT Borrowings
3,511
3,945
3,992
LT Finance Leases
25
22
18
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
495
495
495
Market Capitalization
5,185
5,203
5,129

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
2,888
3,119
2,693
Cash, Cash Equivalents & STI
814
935
964
Accounts Receivable, Net
877
1,180
626
Inventories
893
785
904
Total Current Liabilities
3,033
3,208
2,826
Payables & Accruals
- -
- -
- -
ST Debt
1,919
1,938
1,668
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.54%
4.66%
3.07%
Free Cash Flow
-152.26%
-201.39%
-87.37%
Net Income, GAAP
47.55%
2.47%
-27.28%
Sales/Revenue/Turnover
2.29%
1.78%
-1.57%
Total Cash Common Dividend
- -
- -
60.87%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1,171
1,160
1,627
943
4,900
2024
1,159
1,202
1,701
1,053
5,116
2025
1,185
1,243
1,605
1,003
5,035

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.13
0.04
0.18
- -
0.41
2024
0.16
0.24
0.23
- -
0.58
2025
-0.19
0.14
0.36
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.4
2024
- -
- -
- -
- -
0.23
2025
- -
- -
- -
- -
- -
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Business
AGV Products Corporation (1217.TW) manufactures, processes, and sells a wide range of canned and packaged food products, including pickled vegetables such as cucumbers, spicy cucumbers, daikon in bean paste, pickling melon in sauce, and black bean products; canned goods like beans, mushrooms, and bamboo shoots; beverages encompassing soft drinks, health drinks, tea drinks, soy milk, and plant-based oat milk; snacks and instant foods; sauces; vegetarian foods; and milk products. The company also engages in the rental and sale of public housing and commercial buildings. Founded in 1971 as Guoben Industrial Co. Ltd. and renamed AGV Products Corporation in 1983, it is headquartered at No. 11, Kung Yeh Second Rd., Min Hsiong Industrial Zone, Chiayi County, Taiwan, with its registered address in Taipei City, and operates primarily in Taiwan and Mainland China. AGV maintains strategic partnerships across Greater China with entities such as Beijing Enterprises Group, Yanjing Beer, Zhangzhou Pientzehuang, Dong'e Ejiao, and subsidiaries of China Resources to launch joint brand products and expand sales in multiple provinces; collaborates with Taiwan First Biotechnology Corp. (TBI) and leverages Nestlé's brand value for comprehensive food and beverage solutions; recently launched diverse new products in health beverages and plant-based oat milk categories, including the globally acclaimed three-star rated pure concentrated oat milk and OatBella Soft Serve Oat Milk, driving 2024 consolidated revenue to NT$5.115 billion with 10 consecutive years of growth and net profit attributable to owners of NT$286 million.