1. Taiwan, Province of China Stocks

  2. •

    Consumer Defensive

  3. •

    Packaged Foods
TTET Union Corporation

TTET Union Corporation

1232.TW
TTET Union CorporationTW flagTaiwan Stock Exchange
145.50
TWD
-1.00
- -
23.28BMarket Cap
TTET Union Corporation
1232.TW
(Taiwan Stock Exchange)

Recent

price

145.50

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
105.67
112.96
118.99
125.32
136.58
111.1
108.67
105.54
105.95
107.2
109.02
128.01
154.26
147.28
137.94
- -
135.12
Revenue per Share
4.19
3.67
2.8
4.42
6.17
5.7
5.58
5.11
5.67
6.09
8.08
7.76
7.66
7.53
8.24
- -
7.75
Basic EPS, GAAP
3.96
3.98
-0.22
11.46
0.11
7.9
4.62
6.66
7.77
6.02
11.27
0.65
1.12
10.87
11.37
- -
8.2
Free Cash Flow per Basic Share
3
3.5
3
2.8
3.8
5
5
5
5
5
5
6
6
6
6.6
- -
- -
Dividend per Share
15.08
14.12
13.37
19.57
17.07
17.27
17.3
16.82
17.04
17.55
20.02
21.11
22.15
22.9
23.92
- -
20.05
Book Value per Share
18.63
18.29
18.45
19.91
22.35
23.16
23.78
23.89
24.62
25.81
29
30.98
32.94
34.7
36.61
- -
33.62
Tangible Book Value per Share
160
160
160
160
160
160
160
160
160
160
160
160
160
160
160
- -
160
Basic Weighted Avg Shares
16,905
18,070
19,036
20,047
21,849
17,773
17,384
16,884
16,949
17,150
17,441
20,478
24,677
23,560
22,067
21,513
21,604
Sales/Revenue/Turnover
4.74
3.37
3.27
3.79
4.97
5.83
6.33
6.01
6.59
7.19
9.29
7.48
5.98
6.47
7.39
7.87
7.37
Operating Margin (%)
205
217
183
163
116
93
97
93
98
163
164
193
211
237
287
295
298
Depreciation Expense
670
587
448
707
987
912
892
817
907
975
1,292
1,242
1,226
1,205
1,317
1,320
1,240
Net Income, GAAP
17.64
17.04
19.99
16.26
17.38
17.88
17.5
17.17
19.86
20.12
19.95
20.27
20.58
20.33
19.8
20.19
20.16
Effective Tax Rate (%)
3.96
3.25
2.35
3.53
4.52
5.13
5.13
4.84
5.35
5.68
7.41
6.06
4.97
5.11
5.97
6.14
5.74
Profit Margin (%)
1,996
2,143
2,293
2,664
3,074
3,156
3,282
3,264
3,320
3,434
3,798
4,012
4,279
4,437
4,470
4,500
3,906
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
169
186
172
282
965
1,221
1,173
1,197
LT Debt
2,982
2,928
2,954
3,187
3,577
3,706
3,807
3,825
3,942
4,131
4,641
4,958
5,271
5,553
5,859
6,122
5,378
Total Equity
19.92
15.75
14.92
18.17
24.04
21.28
22.06
20.09
21.76
22.47
26.54
22.61
20.12
18.77
18.07
17.6
18.29
Return on Invested Capital (%)
24.69
22.97
17.38
23.23
30.64
29.85
28.78
26.41
30.99
31.56
37.08
32.63
30.19
26.1
24.8
23.05
24.94
Return on Capital (%)
28.37
25.13
20.38
26.83
33.69
33.2
32.25
29.94
33.49
35.23
42.99
37.75
35.43
33.43
35.17
34.08
38.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
286
315
208
LT Borrowings
- -
- -
- -
LT Finance Leases
1,221
1,200
1,197
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
160
160
160
Market Capitalization
23,511
23,991
24,302

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
6,497
7,129
7,173
Cash, Cash Equivalents & STI
2,236
3,025
2,960
Accounts Receivable, Net
1,008
1,071
952
Inventories
2,963
2,760
2,950
Total Current Liabilities
2,026
2,390
3,267
Payables & Accruals
- -
- -
- -
ST Debt
286
315
208
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.19%
5.7%
4.5%
Free Cash Flow
92.54%
168.3%
-10.57%
Net Income, GAAP
4.31%
0.54%
0.23%
Sales/Revenue/Turnover
2.27%
4.91%
-2.51%
Total Cash Common Dividend
- -
- -
6.06%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
6,208
5,661
5,838
5,853
23,560
2024
5,626
5,338
5,412
5,690
22,067
2025
5,397
5,104
5,677
- -
21,513

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2.17
1.62
1.69
- -
7.53
2024
1.76
2.65
1.61
- -
8.24
2025
1.93
2
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
6
2024
- -
- -
- -
- -
6.6
2025
- -
- -
- -
- -
- -
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Business
TTET Union Corporation, a Taiwan-based soybean crushing and vegetable oil processor listed on the Taiwan Stock Exchange (1232.TW), engages primarily in the manufacture, processing, sale, import, and export of soybean powder, soybean meal, dehulled high-protein soybean meal, soybean hull pellets, soybean oil, canola oil, deep-frying oil, refined salad oil, palm olein, sunflower oil, and featured soybean products. The company, founded in 1982 and headquartered at No. 32, Gongye West Road, Guantian District, Tainan City, Taiwan, operates mainly in Taiwan with international activities in Malaysia, Japan, and other regions through subsidiaries. Major shareholders include Uni-President Enterprises Corp., Taihwa Oil Industrial Co., Ltd., and Great Wall Enterprise Co., Ltd., supporting its annual crushing capacity of 1.5 million tons as Taiwan's largest soybean crusher. Recent developments encompass the release of its 2025 annual report and consolidated financial results through Q2 2025, alongside board changes including the appointment of Jin Keli to the nomination committee effective May 2025 and other director updates in 2024.