Tong-Hwa Synthetic Fiber Company Limited

Tong-Hwa Synthetic Fiber Company Limited

1418.TW
Tong-Hwa Synthetic Fiber Company LimitedTW flagTaiwan Stock Exchange
18.65
TWD
-0.45
- -
1.01BMarket Cap
Tong-Hwa Synthetic Fiber Company Limited
1418.TW
(Taiwan Stock Exchange)

Recent

price

18.90

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
27.25
25.45
18.42
17.74
16.6
11.87
39.34
37.77
12.03
3.9
1.84
0.72
0.38
0.38
0.19
- -
0.1
Revenue per Share
-0.3
0.38
-1.58
-1.01
-1.32
-1.47
-4.16
-7.42
-4.01
-3.94
-4.2
-3.1
0.4
0.74
0.47
- -
-1.29
Basic EPS, GAAP
-0.88
-0.07
-1.13
0.06
-3.03
-0.41
-2.68
-6.53
-3.32
-5.44
-3.26
-2.63
-2.14
-2.94
-10.03
- -
-11.41
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9.42
10.9
9.36
8.36
7.07
5.36
10.76
5.47
3.13
2.17
-2.01
-5.11
-4.63
-3.85
-3.31
- -
-4.56
Book Value per Share
9.88
9.89
8.37
7.34
5.83
4.13
6.99
2.03
15.64
11.7
7.5
22.24
22.64
23.41
23.95
- -
22.64
Tangible Book Value per Share
121
121
121
121
121
123
44
43
54
54
54
54
54
54
54
- -
54
Basic Weighted Avg Shares
3,298
3,079
2,229
2,146
2,009
1,454
1,712
1,638
653
212
100
39
21
21
10
5
5
Sales/Revenue/Turnover
0.02
-1.46
-11.43
-6.68
-9.22
-14.38
-9.85
-17.72
-30.97
-90.97
-272.87
-625.14
-386
-362.24
-503.43
-1,403.87
-1,403.87
Operating Margin (%)
55
76
87
99
101
93
80
79
77
68
41
13
3
4
4
7
7
Depreciation Expense
-36
46
-191
-122
-160
-180
-181
-322
-218
-214
-228
-169
22
40
26
-70
-70
Net Income, GAAP
- -
22.15
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.43
41.12
- -
49.16
Effective Tax Rate (%)
-1.09
1.5
-8.56
-5.7
-7.97
-12.38
-10.58
-19.64
-33.37
-101.2
-227.89
-428.92
105.12
194.21
251.61
-1,312.39
-1,312.39
Profit Margin (%)
-91
-7
-192
-295
-401
-511
-661
-857
300
124
55
363
-1,601
-1,882
1,431
-2,042
-2,042
Working Capital
47
31
15
- -
- -
- -
- -
- -
1,354
1,164
1,331
1,857
113
11
3,442
135
135
LT Debt
1,197
1,197
1,013
889
706
506
304
88
849
635
407
1,208
1,230
1,272
1,301
1,232
1,232
Total Equity
- -
-2.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-2.01
-0.7
- -
- -
Return on Invested Capital (%)
- -
3.31
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
4.99
2.67
- -
1.27
Return on Capital (%)
-3.11
3.75
-15.57
-11.42
-17.15
-23.81
-32.2
-91.19
-107.01
-148.62
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
3,281
3,281
3,663
LT Borrowings
173
301
126
LT Finance Leases
10
10
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
54
54
Market Capitalization
1,106
1,172
1,080

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1,389
1,461
1,642
Cash, Cash Equivalents & STI
566
623
787
Accounts Receivable, Net
- -
- -
- -
Inventories
810
822
840
Total Current Liabilities
3,302
3,299
3,684
Payables & Accruals
- -
- -
- -
ST Debt
3,281
3,281
3,663
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
89.21%
39.73%
-5.33%
Free Cash Flow
51.8%
50.95%
13.9%
Net Income, GAAP
-41.18%
-92.51%
-371.23%
Sales/Revenue/Turnover
-37.4%
-41.39%
-48%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
10
3
4
4
21
2024
4
2
1
3
10
2025
3
1
- -
2
5

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.42
-0.55
-0.4
- -
0.74
2024
-0.65
-0.45
-0.47
- -
0.47
2025
-0.69
-0.83
-0.71
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
Tong-Hwa Synthetic Fiber Company Limited, founded in 1970 and headquartered in Taipei, Taiwan, is principally engaged in the manufacture and distribution of polyacrylonitrile fibers, commonly known as acrylic fibers. The company's core product portfolio includes a range of acrylic fiber types such as T-40, flat fibers (T-56), 1.5 denier and 0.9 denier tows, anti-gigging-pilling fibers (T-612), heat retention fibers, carbon fibers, oxide fibers, and flat fibers. These products are primarily applied in the production of sweaters, flannel, blankets, carpets, hand knitting yarn, sofa fabrics, socks, toys, and interior accessories. Tong-Hwa markets its products under the brand name "Townflower" and maintains a production capacity of approximately 52,000 tons per year. Geographically, Tong-Hwa predominantly distributes its products across Asian markets, including Mainland China, as well as North America and the Middle East, serving customers in apparel, fashion, textiles, and home furnishing sectors. The company operates in the specialty chemicals and synthetic fiber industry, focusing on high-quality acrylic fiber manufacturing for diverse textile applications. Recent major developments for Tong-Hwa Synthetic Fiber Company Limited include its continued strategic emphasis on sustainable practices aligned with low-carbon transformation plans initiated in 2024. The company is expanding production capabilities and enhancing product innovations to meet evolving market demands. Although there have been no widely reported acquisitions or partnerships in the past one to two years, Tong-Hwa has focused on solidifying its competitiveness through product quality improvements and capacity expansion. The company sustains its operations globally with an emphasis on both traditional fiber markets and emerging sustainable product lines. Overall, Tong-Hwa Synthetic Fiber Company Limited is a longstanding manufacturer specializing in advanced acrylic fiber products tailored for apparel and textile industries, leveraging its strong brand presence and geographic reach primarily across Asia, along with growing attention to sustainability and production enhancements in recent years.