1. Taiwan, Province of China Stocks

  2. •

    Industrials

  3. •

    Manufacturing - Tools & Accessories
CHANG TYPE Industrial Co., Ltd.

CHANG TYPE Industrial Co., Ltd.

1541.TW
CHANG TYPE Industrial Co., Ltd.TW flagTaiwan Stock Exchange
21.40
TWD
-0.10
- -
1.69BMarket Cap
CHANG TYPE Industrial Co., Ltd.
1541.TW
(Taiwan Stock Exchange)

Recent

price

21.40

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
- -
18.85
20.2
23.33
34.11
36.65
44.78
46.36
45.57
53.3
66.9
78.72
51.49
42.87
37.92
- -
46.22
Revenue per Share
- -
-0.05
-1.02
-0.29
2.06
3.59
4.37
1.71
1
3.19
5.79
3.8
3.45
1.46
1.06
- -
2.33
Basic EPS, GAAP
- -
-6.72
-0.25
-1.32
-0.99
3.53
2.53
-0.39
1.71
4.9
1.97
-9.12
13.97
0.33
8.38
- -
2.9
Free Cash Flow per Basic Share
0.89
- -
- -
- -
- -
1.71
3.21
3.3
1.5
1
- -
3
2.5
1
0.5
- -
- -
Dividend per Share
- -
11.2
10.16
11.1
11.9
13.57
14.34
12.37
11.59
13.79
19.16
19.18
19.72
20.12
20.57
- -
22.49
Book Value per Share
- -
10.58
9.72
9.62
11.87
13.97
15.2
13.59
13.29
15.52
21.17
21.94
23.4
23.97
25.14
- -
26.89
Tangible Book Value per Share
79
79
79
79
79
79
79
79
79
79
79
79
79
79
79
- -
79
Basic Weighted Avg Shares
- -
1,485
1,592
1,838
2,688
2,888
3,528
3,653
3,591
4,200
5,272
6,203
4,057
3,378
2,988
3,629
3,629
Sales/Revenue/Turnover
- -
-2.56
-4.15
-2.2
5.19
10.31
12.22
7.31
1.33
10.01
13.01
6.43
4.21
8.72
0.64
6.95
6.95
Operating Margin (%)
- -
54
56
69
60
58
52
58
61
72
69
77
117
118
122
115
115
Depreciation Expense
- -
-4
-81
-23
162
283
345
135
79
251
457
299
272
115
84
183
183
Net Income, GAAP
- -
- -
- -
- -
16.95
20.31
18.57
25.09
21.1
25
22.71
19.38
23.57
21.2
14.94
11.84
11.84
Effective Tax Rate (%)
- -
-0.27
-5.07
-1.24
6.04
9.8
9.76
3.7
2.19
5.99
8.66
4.82
6.71
3.41
2.8
5.03
5.03
Profit Margin (%)
- -
202
145
151
387
625
542
388
374
569
1,046
1,072
1,195
1,113
1,085
1,320
1,320
Working Capital
- -
- -
- -
- -
- -
39
- -
- -
- -
180
174
317
288
441
276
316
316
LT Debt
- -
979
898
876
1,040
1,192
1,278
1,142
1,110
1,277
1,714
1,768
1,876
1,911
1,994
2,115
2,115
Total Equity
- -
- -
- -
- -
7.07
12.75
17.43
8.99
1.63
13.1
18.95
8.89
3.65
7.47
0.57
8.72
8.72
Return on Invested Capital (%)
- -
- -
- -
- -
10.67
16.78
19.06
6.84
3.96
11.88
18.34
9.23
8.87
4.75
4.02
8.85
8.85
Return on Capital (%)
- -
-0.9
-9.58
-2.72
17.91
28.21
31.33
12.82
8.32
25.14
35.16
19.81
17.75
7.34
5.22
10.79
10.79
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
335
274
160
LT Borrowings
- -
- -
- -
LT Finance Leases
328
317
316
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
2,417
2,026
1,830

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
2,160
2,056
1,961
Cash, Cash Equivalents & STI
89
56
148
Accounts Receivable, Net
1,303
1,333
1,226
Inventories
701
608
540
Total Current Liabilities
1,057
827
641
Payables & Accruals
- -
- -
- -
ST Debt
335
274
160
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.46%
4.3%
6.07%
Free Cash Flow
89.95%
290.14%
-65.51%
Net Income, GAAP
21.04%
-2.05%
118.27%
Sales/Revenue/Turnover
4.28%
-4.75%
21.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
587
951
750
1,090
3,378
2024
721
812
716
739
2,988
2025
848
1,096
938
748
3,629

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.4
-0.36
0.94
- -
1.46
2024
0.76
0.39
-0.21
- -
1.06
2025
0.53
-0.32
1.1
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
- -
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Business
CHANG TYPE Industrial Co., Ltd. manufactures, processes, and sells hand tools, electric machines, motors, power tools, automatic control systems, computer machinery, electric test instruments, woodworking machines, and metal parts; offers miter saws, scroll saws, radial arm saws, and band saws; designs various molds and fixtures; and engages in the import and export of related raw materials. The company serves original equipment manufacturers and original design manufacturers primarily through OEM and ODM arrangements with international brands including Craftsman, DeWalt, Ryobi, and Black & Decker, with products distributed via major North American retailers such as Sears, Home Depot, and Lowe's. CHANG TYPE operates from its headquarters in Taichung, Taiwan, with additional presence in the United States and other international markets. Founded in April 1989 by Mr. Lai Ching Liu and Mr. Andy Chang with initial capital of NTD 20 million, the company listed on the Taiwan Stock Exchange in March 2003 and employs approximately 503 people. In recent years, CHANG TYPE has focused on steady operational growth amid industry challenges, reporting trailing twelve-month revenue of TWD 3.62 billion and net income of TWD 114.19 million as of the latest available data, while generating strong free cash flow exceeding statutory profits in 2024 due to efficient working capital management. No major acquisitions, partnerships, funding rounds, or strategic shifts have been publicly announced within the last one to two years.