1. Taiwan, Province of China Stocks

  2. •

    Consumer Cyclical

  3. •

    Apparel - Footwear & Accessories
Fulgent Sun International (Holding) Co., Ltd.

Fulgent Sun International (Holding) Co., Ltd.

9802.TW
Fulgent Sun International (Holding) Co., Ltd.TW flagTaiwan Stock Exchange
75.00
TWD
+2.70
- -
15.07BMarket Cap
Fulgent Sun International (Holding) Co., Ltd.
9802.TW
(Taiwan Stock Exchange)

Recent

price

75.00

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
88.24
73.42
54.05
56.16
67.34
66.31
65.43
71.1
67.16
77.3
63.08
82.62
127.1
88.82
76.77
86.2
85.96
Revenue per Share
6.3
4.74
2.58
2.15
3.06
0.85
5.06
5.5
4.95
7.7
4.99
6.3
17.85
7.87
7.23
6.05
6.31
Basic EPS, GAAP
-9.91
-7.88
2.75
-2.14
-1.96
0.28
4.65
1.74
-0.63
1.02
0.79
-8.84
12.46
20.47
1.26
-2.54
-6.6
Free Cash Flow per Basic Share
- -
0.1
0.52
1.92
1.89
2.4
1.91
3.13
4
3.54
5.35
3.75
4.12
7.19
5
5
2.91
Dividend per Share
15.03
17.17
18.2
16.39
17.8
14.93
18.13
19.38
18.34
21.74
14.78
16.61
31.43
30.16
35.58
23.41
31.65
Book Value per Share
42.95
42.52
41.6
39.46
44.29
40.2
40.92
42.61
43.48
49.71
47.27
48.17
66.45
64.98
73.72
68.53
63.48
Tangible Book Value per Share
67
99
111
124
127
136
139
146
150
166
180
188
190
190
190
201
196
Basic Weighted Avg Shares
5,928
7,251
5,991
6,939
8,525
9,046
9,080
10,388
10,070
12,843
11,346
15,544
24,181
16,893
14,611
17,295
16,887
Sales/Revenue/Turnover
12.42
8.31
3.76
3.7
5.58
2.28
7.69
10.89
8.29
11.34
11.22
9.46
15.86
10.68
8.65
9.2
9.57
Operating Margin (%)
132
220
276
328
397
470
516
493
549
655
733
786
966
1,067
1,007
896
959
Depreciation Expense
423
469
286
266
387
115
702
803
743
1,279
898
1,185
3,396
1,497
1,376
1,213
1,239
Net Income, GAAP
17.76
30.1
- -
4.15
24.11
62.97
22.95
21.95
20.71
15.58
14.63
14.75
22.44
26.64
21.06
23.58
23.38
Effective Tax Rate (%)
7.14
6.46
4.78
3.84
4.54
1.28
7.73
7.73
7.38
9.96
7.91
7.62
14.04
8.86
9.42
7.02
7.34
Profit Margin (%)
1,016
1,134
1,547
1,831
1,671
794
1,960
1,838
2,229
2,171
2,396
1,126
3,043
3,412
4,604
2,499
3,411
Working Capital
- -
- -
- -
480
90
- -
748
90
981
403
971
578
944
861
1,727
963
1,618
LT Debt
3,098
4,209
4,628
4,908
5,663
5,515
5,704
6,244
6,538
8,274
8,515
9,074
12,659
12,372
14,071
13,786
12,505
Total Equity
18.89
9.06
- -
4.31
5.68
1.12
7.53
12.07
8.27
12.86
10.12
10.25
19.09
7.97
6.02
6.91
7.71
Return on Invested Capital (%)
8.05
16.53
- -
9.51
12.5
3.85
19.34
20.94
17.65
24.73
17.07
19.57
38.91
16.56
15.35
13.84
14.23
Return on Capital (%)
24.11
34.65
15.43
13.17
18.1
5.38
30.86
30.04
26.62
40.22
28.64
40.98
74.58
25.55
22.01
21.16
20.98
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,578
1,029
1,746
LT Borrowings
936
941
947
LT Finance Leases
791
787
671
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
192
201
201
Market Capitalization
22,526
23,085
20,528

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
10,139
10,064
9,288
Cash, Cash Equivalents & STI
3,378
3,394
2,037
Accounts Receivable, Net
3,673
2,639
4,449
Inventories
2,466
3,500
2,302
Total Current Liabilities
5,536
5,867
5,878
Payables & Accruals
- -
- -
- -
ST Debt
1,578
1,029
1,746
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.26%
11.1%
-2.03%
Free Cash Flow
-74.23%
-371.63%
-312.37%
Net Income, GAAP
70.05%
28.55%
-11.84%
Sales/Revenue/Turnover
9.49%
13.46%
18.36%
Total Cash Common Dividend
18.01%
6.78%
5.47%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
5,054
4,616
3,543
3,681
16,893
2024
2,659
3,965
3,599
4,388
14,611
2025
3,668
5,232
4,575
- -
17,295

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
2.46
3.22
1.76
- -
7.87
2024
1.48
2.14
0.54
- -
7.23
2025
1.26
1.5
- -
- -
6.05

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
7.19
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
5
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Business
Fulgent Sun International (Holding) Co., Ltd. (9802.TW) principally engages in the original equipment manufacturer production and sale of sports and leisure outdoor footwear through its subsidiaries. The company offers sneakers, running shoes, tennis shoes, high-top sneakers, snowshoes, sports sandals, casual shoes, outdoor shoes, waterproof shoes and GORE-TEX shoes; it also provides import/export trading and land leasing services. Operations span factories in China, Vietnam, Cambodia and Indonesia, with products exported to Asia, Europe, Africa, Australia and the United States; the company serves major global brands in mountain climbing, snow walking, medical correction, jogging, hiking and casual activities. Founded in 1995 and headquartered at No. 76, Section 3, Yunke Road, Douliu City, Yunlin County, Taiwan, Fulgent Sun International listed on the Taiwan Stock Exchange in October 2012. Recent developments include the issuance of convertible bonds with equity component recognition in 2024; capital increases and dilution of ownership in Laya Technology Co., Ltd. from 100% to 70.12% in April and June 2024; acquisition of 100% equity in Sunglory Footwear Co., Ltd. in May 2023; establishment of Sunzeal in Cambodia and Wisesquare in Hong Kong in 2023; intended acquisition of 100% equity in Medao Trading Co., Ltd. announced February 2025; and share issuances including treasury shares sold to employees and conversion of advance receipts in early 2025.