1. Taiwan, Province of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
Chian Hsing Forging Industrial Co., Ltd.

Chian Hsing Forging Industrial Co., Ltd.

4528.TWO
Chian Hsing Forging Industrial Co., Ltd.TW flagTaipei Exchange
15.30
TWD
-0.20
- -
1.29BMarket Cap
Chian Hsing Forging Industrial Co., Ltd.
4528.TWO
(Taipei Exchange)

Recent

price

15.30

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
12.97
15.62
15.41
18.04
21.55
26.49
26.63
32.53
33.42
33.69
26.9
30.12
28.88
23.16
20.36
- -
18.87
Revenue per Share
1.32
1.79
1.64
1.99
2.63
3.23
2.8
4.38
3.3
2.78
2.77
2.15
2.14
0.91
0.01
- -
-0.31
Basic EPS, GAAP
-0.09
1.92
1.61
-1.01
-4.02
0.89
0.91
1.68
3.08
1.54
0.92
-3.04
-2.71
4.86
2.59
- -
2.55
Free Cash Flow per Basic Share
0.23
0.54
0.79
0.5
0.61
1.36
1.82
1.55
2
1.91
1.64
1.64
0.45
1.3
0.6
- -
- -
Dividend per Share
10.73
11.86
12.49
15.57
15.65
17.19
17.84
19.72
20.48
20.71
20.9
21.37
22.77
22.56
21.33
- -
21.95
Book Value per Share
11.94
13.5
14.04
15.87
18.22
19.97
19.72
22.4
23.33
23.64
24.97
25.42
27.53
26.6
27.04
- -
26.69
Tangible Book Value per Share
84
84
84
84
84
84
84
84
84
84
84
84
84
84
84
- -
84
Basic Weighted Avg Shares
1,091
1,315
1,297
1,519
1,814
2,230
2,241
2,738
2,813
2,836
2,264
2,535
2,431
1,949
1,713
1,581
1,581
Sales/Revenue/Turnover
13.22
13.39
12.93
14.35
13.54
16.18
14.54
16.46
13.78
11.03
12.31
8.74
4.81
4.36
0.24
0.21
0.21
Operating Margin (%)
78
84
98
101
110
161
191
199
212
253
233
228
206
223
217
203
203
Depreciation Expense
111
151
138
168
222
272
235
368
278
234
233
181
180
76
1
-26
-26
Net Income, GAAP
21.47
21.53
27.24
29.12
28.24
26.66
24.77
23.24
26.57
23.95
20.4
19.77
20.96
18.56
93.91
- -
8.05
Effective Tax Rate (%)
10.2
11.48
10.62
11.05
12.22
12.21
10.5
13.45
9.88
8.26
10.3
7.15
7.41
3.92
0.05
-1.63
-1.63
Profit Margin (%)
228
272
396
358
161
235
110
159
369
474
419
701
708
575
569
591
591
Working Capital
136
86
128
185
320
373
325
340
537
767
609
765
873
723
598
473
473
LT Debt
1,012
1,136
1,185
1,338
1,535
1,684
1,661
1,886
1,965
1,991
2,102
2,141
2,318
2,239
2,276
2,236
2,236
Total Equity
9.3
9.79
8.21
9.27
8.11
10.08
8.82
11.48
8.74
7.31
6.62
4.76
2.3
1.81
0.01
- -
- -
Return on Invested Capital (%)
10.52
12.16
10.5
10.92
11.29
11.84
9.66
13.65
9.82
8.43
8.14
5.76
5.56
2.96
0.07
- -
0.61
Return on Capital (%)
12.96
15.88
13.44
14.21
16.88
19.7
15.96
23.3
16.42
13.52
13.31
10.19
9.69
4
0.04
-1.41
-1.41
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
690
740
706
LT Borrowings
507
499
459
LT Finance Leases
16
15
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
84
84
84
Market Capitalization
1,457
1,588
1,399

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1,325
1,437
1,467
Cash, Cash Equivalents & STI
694
831
803
Accounts Receivable, Net
359
336
396
Inventories
204
203
217
Total Current Liabilities
829
895
876
Payables & Accruals
- -
- -
- -
ST Debt
690
740
706
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.99%
1.32%
-1.75%
Free Cash Flow
-68.8%
-153.74%
-2.34%
Net Income, GAAP
-340.01%
-680.48%
-3,222.96%
Sales/Revenue/Turnover
-2.57%
-6.36%
-7.73%
Total Cash Common Dividend
- -
- -
-66.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
477
449
496
527
1,949
2024
424
424
443
422
1,713
2025
374
394
373
439
1,581

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.16
0.17
0.27
- -
0.91
2024
-0.12
0.08
-0.17
- -
0.01
2025
-0.1
-0.15
-0.12
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.3
2024
- -
- -
- -
- -
0.6
2025
- -
- -
- -
- -
- -
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Business
Chian Hsing Forging Industrial Co., Ltd. manufactures and sells forged products primarily for automotive, bicycle, motorcycle, and industrial applications. The company produces hardware; bicycle parts such as steering bearings, crank bearings, and transmissions; motorbike parts including gear shafts, clutches, tube yokes, axle parts, and chain gears; automobile parts comprising joints of front wheels, driving elements of front wheels, bearing cups, pistons, transmission parts, bevel gears, magnetic poles, and brake parts; industrial engineering vehicle components; track vehicle parts such as tie plates; and other machine parts and hardware tools like sports equipment parts, tone hole parts, and rod couplings. Established in 1971 and headquartered in Taichung, Taiwan, at No. 3-1, Siehe South Lane, Situn District, the company operates mainly in Taiwan with a subsidiary, Chian Hsing (Taicang) Metal Products Co., Ltd., in China. Chian Hsing employs advanced automatic pressing technologies and combined forging methods to achieve precise dimensional tolerances and minimize post-processing needs. The company maintains ISO 9002, QS-9000, and other international quality certifications and focuses on research and development to enhance product quality and reduce costs for industrial clients. No major acquisitions, partnerships, funding rounds, or strategic expansions occur in the past two years.