1. Taiwan, Province of China Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Ten Ren Tea Co., Ltd.

Ten Ren Tea Co., Ltd.

1233.TW
Ten Ren Tea Co., Ltd.TW flagTaiwan Stock Exchange
27.80
TWD
-0.70
- -
2.52BMarket Cap
Ten Ren Tea Co., Ltd.
1233.TW
(Taiwan Stock Exchange)

Recent

price

27.80

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
20.79
22.7
22.65
22.92
23.74
23.56
23.58
23.53
24.22
24.83
21.05
19.58
20.27
23.31
24.26
- -
23.64
Revenue per Share
2.32
2.59
2.59
2.55
2.54
2.31
1.87
1.94
1.93
1.73
0.63
0.48
0.57
1.06
0.97
- -
0.74
Basic EPS, GAAP
2.38
2.53
2.05
2.59
1.78
1.59
1.44
2.12
1.81
2.81
2.35
0.9
1.57
2.41
2.09
- -
1.84
Free Cash Flow per Basic Share
1.9
2
2.32
2.32
2.32
2.12
2.01
1.61
2.26
1.9
1.6
0.8
0.8
0.85
0.9
- -
- -
Dividend per Share
12.39
12.74
12.68
15.22
12.74
12.37
11.85
11.94
12.07
11.85
10.67
10.77
10.97
11.01
11.07
- -
10.8
Book Value per Share
15.07
15.72
16.31
16.21
15.97
16
15.69
16.57
17.68
17.78
16.55
16.09
16.43
16.37
16.05
- -
14.78
Tangible Book Value per Share
91
91
91
91
91
91
91
91
91
91
91
91
91
91
91
- -
91
Basic Weighted Avg Shares
1,883
2,056
2,052
2,076
2,149
2,133
2,135
2,130
2,193
2,248
1,906
1,773
1,836
2,110
2,196
2,161
2,161
Sales/Revenue/Turnover
10.56
13.29
12.65
11.51
11.18
8.7
8.71
9.07
7.5
7.95
3.28
1
0.97
4.75
3.76
3.27
3.27
Operating Margin (%)
62
54
55
58
63
62
68
67
61
170
165
163
159
164
172
173
173
Depreciation Expense
210
234
234
231
230
209
169
175
175
157
57
43
51
96
88
68
68
Net Income, GAAP
15.3
17.98
17.71
16.97
16.8
14.86
16.93
16.81
19.71
19.6
18.11
17.96
10.27
19.41
18.62
20.61
20.61
Effective Tax Rate (%)
11.15
11.4
11.42
11.12
10.69
9.81
7.91
8.23
7.96
6.97
2.99
2.43
2.79
4.53
4.02
3.14
3.14
Profit Margin (%)
345
387
336
335
366
344
338
396
385
253
194
195
164
145
138
119
119
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
240
228
201
225
221
224
172
172
LT Debt
1,368
1,425
1,478
1,475
1,452
1,454
1,424
1,502
1,607
1,617
1,504
1,460
1,490
1,490
1,462
1,357
1,357
Total Equity
11.6
14.61
13.19
12.01
12.26
9.68
9.41
9.54
7.44
7.2
2.37
0.7
0.78
3.95
3.3
2.89
2.89
Return on Invested Capital (%)
17.38
18.54
17.9
16.2
15.98
16.05
13.1
13.73
13.57
11.12
3.87
3.04
3.68
6.56
6.13
4.83
4.83
Return on Capital (%)
19.04
20.58
20.35
18.28
18.16
18.41
15.4
16.29
16.05
14.46
5.6
4.44
5.2
9.61
8.82
6.83
6.83
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
301
358
329
LT Borrowings
- -
- -
- -
LT Finance Leases
192
180
172
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
91
91
91
Market Capitalization
2,864
2,806
2,934

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
691
698
711
Cash, Cash Equivalents & STI
196
176
173
Accounts Receivable, Net
190
190
210
Inventories
289
300
311
Total Current Liabilities
608
599
592
Payables & Accruals
- -
- -
- -
ST Debt
301
358
329
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-7.12%
Free Cash Flow
10.37%
8.36%
-11.09%
Net Income, GAAP
-3.94%
10.07%
-23.01%
Sales/Revenue/Turnover
0.41%
2.79%
-1.62%
Total Cash Common Dividend
-4.88%
-6.52%
5.56%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
518
504
537
551
2,110
2024
572
524
538
562
2,196
2025
548
526
526
561
2,161

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.35
0.33
0.22
- -
1.06
2024
0.37
0.23
0.13
- -
0.97
2025
0.27
0.14
0.14
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
0.86
- -
0.85
2024
- -
- -
- -
- -
0.9
2025
- -
- -
- -
- -
- -
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Business
Ten Ren Tea Co., Ltd. (1233.TW) manufactures and markets a broad range of tea products, tea sets, and green tea beverages; offers specialty teas including oolong, jasmine, pu-erh, green, black, white, and herbal varieties; provides packaged tea bags, tea powders, tea gifts, tea snacks, moon cakes, tea wines, health foods, and catering services; and operates under brands such as Tenren Tea, Tianren's Tea Fun, Tenren's Tea Fun ToGo, Tenren Tea Culture Center, and CHAFFEE. Founded in 1953 and headquartered at 6F, No. 107, Sec. 4, Zhongxiao East Road, Da'an District, Taipei, Taiwan, the company distributes its products domestically in Taiwan and internationally across North America, China, Australia, and Japan through over 100 retail stores worldwide. It serves consumer markets in the packaged foods and beverages sector with approximately 1,590 employees and focuses on tea culture promotion alongside operational expansions in retail and e-commerce channels. In recent developments, Ten Ren Tea launched limited-edition products including Spring Sprout Oolong Tea 2025, Winter Oolong 2024-2025, and Dragon Well 1st Flush 2025, alongside its 72nd anniversary celebrations and sustainability reporting initiatives highlighted in the 2024 annual report released in 2025; the company also proposed a cash dividend for fiscal year 2024 and held its annual general meeting in June 2025, reflecting steady financial performance with TWD 2.17 billion in trailing twelve-month revenue.