1. Taiwan, Province of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Manufacturers
Tah Hsin Industrial Corporation

Tah Hsin Industrial Corporation

1315.TW
Tah Hsin Industrial CorporationTW flagTaiwan Stock Exchange
63.60
TWD
-0.20
- -
6.08BMarket Cap
Tah Hsin Industrial Corporation
1315.TW
(Taiwan Stock Exchange)

Recent

price

63.60

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
35.15
37.81
36.71
31.93
29.29
28.53
30.23
27.79
26.62
17.82
18.39
19.2
27.94
22.58
22.48
- -
23.95
Revenue per Share
2.2
6.55
1.85
1.64
2.31
2.68
3.18
1.8
2.4
5.1
44.71
0.04
7.41
3.66
2.15
- -
1.55
Basic EPS, GAAP
0.19
1.56
2.74
1.53
2.59
2.96
2.19
1.45
-0.09
1.54
0.88
-1.51
3.71
4.32
0.64
- -
0.28
Free Cash Flow per Basic Share
2.22
2.22
3.77
2
2.08
2.2
2.2
2.2
2.2
1.68
10.14
6.47
5
6
5
- -
2
Dividend per Share
26.83
63.58
61.37
54.8
54.96
59.39
59.97
59.52
60.12
21.26
68.59
51.54
69.17
67.22
67.11
- -
69.03
Book Value per Share
64.65
78.19
74.43
71.1
70.2
72.45
76.3
76.78
80.85
61.5
100.5
93.38
111.37
111.21
98.51
- -
106.58
Tangible Book Value per Share
96
96
96
106
102
96
96
96
96
136
121
124
96
96
96
- -
95
Basic Weighted Avg Shares
3,357
3,612
3,506
3,389
2,990
2,726
2,888
2,655
2,543
2,432
2,234
2,379
2,669
2,157
2,147
2,283
2,283
Sales/Revenue/Turnover
-0.12
2.11
2.32
1.8
3.08
2.82
3.95
1.57
-0.23
1.18
1.8
0.38
6.43
0.47
-3.31
-1.17
-1.17
Operating Margin (%)
67
69
64
63
64
63
61
58
51
52
57
58
67
86
100
97
97
Depreciation Expense
210
626
176
174
236
256
304
172
229
696
5,429
5
708
349
206
148
148
Net Income, GAAP
15.68
5.22
16.22
6.07
16.58
13.31
9.94
- -
5.49
4.96
8.48
97.71
9.6
4.68
20.27
6.98
6.98
Effective Tax Rate (%)
6.27
17.33
5.03
5.13
7.88
9.38
10.51
6.47
9.02
28.63
243.08
0.23
26.53
16.2
9.57
6.47
6.47
Profit Margin (%)
3,108
3,182
2,928
3,321
2,987
2,802
3,164
3,224
3,082
5,491
9,049
8,061
7,273
7,060
5,833
6,421
6,421
Working Capital
27
46
36
48
29
17
15
10
6
19
13
10
8
62
52
16
16
LT Debt
6,177
7,560
7,196
7,547
7,166
6,921
7,289
7,335
7,723
8,393
12,204
11,570
10,639
10,623
9,410
10,159
10,159
Total Equity
-0.05
0.94
0.84
0.71
0.96
0.86
1.29
- -
-0.06
0.31
0.34
- -
1.33
0.09
-0.55
-0.25
-0.25
Return on Invested Capital (%)
6.7
12.38
2.87
2.83
3.97
4.31
4.78
- -
3.55
13.81
89.85
0.06
10.26
5.12
3.03
2.17
2.17
Return on Capital (%)
8.17
14.49
2.95
2.98
4.13
4.53
5.33
3.01
4.02
16.11
96.69
0.07
10.9
5.36
3.2
2.27
2.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
201
204
187
LT Borrowings
- -
- -
- -
LT Finance Leases
46
18
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
96
96
96
Market Capitalization
6,356
6,205
6,148

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
5,783
6,224
6,863
Cash, Cash Equivalents & STI
4,686
5,297
5,861
Accounts Receivable, Net
316
220
341
Inventories
644
582
534
Total Current Liabilities
482
490
442
Payables & Accruals
- -
- -
- -
ST Debt
201
204
187
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.85%
-3.37%
7.95%
Free Cash Flow
-339.09%
-137.92%
-56.8%
Net Income, GAAP
1,378.2%
2,577.98%
-28.14%
Sales/Revenue/Turnover
-1.35%
1.07%
6.31%
Total Cash Common Dividend
- -
-16.39%
-10%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
541
627
525
464
2,157
2024
456
559
511
622
2,147
2025
541
616
591
534
2,283

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.33
2.46
1.37
- -
3.66
2024
0.42
0.62
0.46
- -
2.15
2025
0.16
-0.6
1.43
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
2.5
- -
6
2024
- -
- -
2.47
- -
5
2025
- -
- -
2
- -
- -
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Business
Tah Hsin Industrial Corporation specializes in the manufacture and processing of plastic products, garments, furniture, office equipment, and corrugated boards. Its main products include rainwear such as waterproof and cold-proof raincoats; garments including uniforms, ski jackets, overalls, sports suits, dustcoats, jackets, and casual apparel; sundry items like sewn and heat-sealed bags, shower curtains, mattress covers, pillow protectors, and shopping bags; furniture products such as plastic wardrobes; office equipment including laminators, punching and binding machines; polypropylene (PP) corrugated boards; laminating films; artificial leather; and various fiber products. The company also trades fabrics, clothing, shoes, caps, umbrellas, and other apparel. Tah Hsin serves markets primarily in Taiwan, the United States, Japan, and Europe. Founded in 1958 and headquartered in Taichung, Taiwan, Tah Hsin operates production sites across multiple countries, including plants in Vietnam and Myanmar. Recent strategic developments include achieving ISO 9001:2015 Quality Management System certification for its Taiwan plants and overseas manufacturing sites as of 2025. The company has advanced sustainability initiatives, completing greenhouse gas inventory verifications, and implemented a photovoltaic system at its Chung-Kan Plant in Taichung Harbor Industrial Park, enhancing energy efficiency. Tah Hsin's 2024 Sustainability Report was finalized in mid-2025, reflecting its commitment to environmental responsibility and circular economy practices such as the increased use of recycled raw materials under GRS certification. Tah Hsin Industrial Corporation remains engaged in diversified business activities including manufacture, distribution, and export of its extensive product range, alongside property investments and leasing. It maintains a well-established presence in plastic and garment industries, with capabilities in OEM/ODM manufacturing for specialized outerwear including Gore-Tex and other waterproof apparel, targeting outdoor and workwear markets. The company’s continuous operational improvements and certifications underscore its emphasis on quality management and sustainable industrial practices.