TOPBI International Holdings Limited

TOPBI International Holdings Limited

2929.TW
TOPBI International Holdings LimitedTW flagTaiwan Stock Exchange
6.15
TWD
-0.03
- -
673.39MMarket Cap
TOPBI International Holdings Limited
2929.TW
(Taiwan Stock Exchange)

Recent

price

6.15

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
25.88
9.11
41.75
43.79
50.42
53.3
54.98
61.86
75.91
25.68
27.2
23.36
22.04
19.46
- -
15.58
Revenue per Share
3.33
0.41
6.31
7.09
7.85
6.88
8.48
8.72
12.01
-20.44
-6.43
1.22
-0.63
0.14
- -
-1.63
Basic EPS, GAAP
0.54
-1.66
2.68
7.77
7.92
6.78
8.77
8.97
12.15
-11.59
-11.89
-1
0.01
0.7
- -
-0.99
Free Cash Flow per Basic Share
4.16
- -
- -
2.23
3.54
2.9
2.05
3.63
2.74
0.15
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.42
12.49
14.99
18.56
21.67
25.55
29.24
41.1
11.93
6.23
7.21
6.99
6.6
- -
5.56
Book Value per Share
- -
7.88
27.69
29.47
33.1
35.02
41.86
45.44
60.02
31.79
25.23
26.81
25.87
26.73
- -
24.36
Tangible Book Value per Share
91
91
91
106
107
107
108
109
94
109
109
109
108
109
- -
113
Basic Weighted Avg Shares
2,346
826
3,795
4,657
5,371
5,696
5,916
6,765
7,170
2,808
2,964
2,546
2,386
2,121
1,754
1,754
Sales/Revenue/Turnover
19.31
20.23
22.32
23.41
21.92
18.12
19.71
19.83
21.68
-86.56
-24.78
-5.43
-0.17
-0.3
-9.76
-9.76
Operating Margin (%)
1
7
29
31
26
24
23
30
32
27
25
17
12
9
8
8
Depreciation Expense
302
37
574
754
836
735
913
954
1,135
-2,235
-701
133
-68
15
-183
-183
Net Income, GAAP
33.5
34.06
34.07
33.42
33.36
29.34
27.55
27.97
27.1
- -
- -
19.24
- -
4
- -
- -
Effective Tax Rate (%)
12.88
4.48
15.12
16.19
15.57
12.91
15.43
14.1
15.83
-79.57
-23.65
5.21
-2.86
0.7
-10.45
-10.45
Profit Margin (%)
- -
348
1,946
2,652
3,189
3,446
4,211
4,684
5,511
3,201
2,535
2,898
2,872
2,991
2,825
2,825
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
45
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
979
2,517
3,134
3,526
3,742
4,504
4,969
5,669
3,476
2,749
2,922
2,801
2,914
2,741
2,741
Total Equity
- -
21.29
30.29
24.6
21.46
16.92
16.68
15.94
17.88
- -
- -
-3.73
- -
-0.21
- -
- -
Return on Invested Capital (%)
- -
-194.87
95.05
54.58
41.9
27.01
27.32
23.34
26.25
- -
- -
15.07
- -
1.88
- -
- -
Return on Capital (%)
- -
192.33
97.79
55.26
46.83
34.25
36.05
32.07
32.06
-86.16
-70.66
18.13
-8.84
2
-27.24
-27.24
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
1,019
1,040
891

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
3,040
3,235
3,567
Cash, Cash Equivalents & STI
2,515
2,540
2,571
Accounts Receivable, Net
328
478
775
Inventories
- -
16
- -
Total Current Liabilities
329
410
742
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.85%
-4.14%
-5.94%
Free Cash Flow
696.84%
1,428.34%
-246.04%
Net Income, GAAP
-206.04%
-359.8%
-1,338.36%
Sales/Revenue/Turnover
-7.39%
-8.66%
-17.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
556
426
501
903
2,386
2024
473
377
459
812
2,121
2025
465
344
387
558
1,754

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.08
-0.28
-0.14
- -
-0.63
2024
-0.09
-0.2
-0.01
- -
0.14
2025
-0.02
-0.17
-0.11
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Business
TOPBI International Holdings Limited designs, develops, manufactures, and sells children's clothing and accessories primarily targeting children aged 1 to 16 years. The company's core products include self-owned branded children’s apparel such as shorts, trousers, shirts, T-shirts, cotton clothing, windbreakers, and dresses. It operates mainly in Taiwan and China, with sales distribution through agents in 13 provinces and 2 municipalities across China. The group’s operating entities include Topbi Children Apparel Co., Limited, Topbi (China) Fashion Corporation Limited, which is the main operating company, and Fujian TOPBI Network Technology Co., Ltd., focusing on live broadcasting and e-commerce. Founded in 2002 and headquartered in Taipei, Taiwan, TOPBI International Holdings has evolved through significant corporate restructuring and acquisitions, including the acquisition of 100% equity of Fuzhou Spring Investment Corp., Limited in 2022 and reorganization of subsidiaries. Recent operational changes include the rebranding of Fujian Topbi E-commerce Co., Limited to Fujian TOPBI Network Technology Co., Ltd. in 2023, emphasizing a shift to digital and live broadcast-based sales channels. The company continues to focus on integrating fashion trends and consumer needs into its product design, maintaining its position as one of the top ten children’s clothing brands in China, supported by a seasoned management team in the children’s apparel industry. The company’s recent strategic initiatives involve expanding its e-commerce and live-streaming business segments through Fujian TOPBI Network Technology, alongside ongoing investments in its primary apparel business. It maintains strong collaborations with agents in China to control market trends and ensure product relevancy. This multi-dimensional approach supports its competitive advantage and market positioning in the children’s apparel and accessories segment within Greater China. The company is listed on the Taiwan Stock Exchange under the ticker 2929.TW. This comprehensive operational focus, accompanied by strategic shifts towards digital channels and strengthened equity holdings in investment properties, marks TOPBI International Holdings Limited as a leading integrated children’s fashion and lifestyle brand operating primarily in the Chinese and Taiwanese markets.