An-Shin Food Services Co., Ltd.

An-Shin Food Services Co., Ltd.

TTPEX:1259
65.40
TWD
+3.00
(+4.81%)
3.62EPS
15.83P/E
1.85BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
132.91
131.3
136.6
144.14
152.43
162.74
169.94
165.53
155.76
176.77
185.05
186.65
187.16
193.26
Basic EPS, GAAP
2.45
2.86
4.05
5.37
5.23
4.36
5.02
4.96
3.07
4.02
5.17
2.05
2.45
3.6
Free Cash Flow per Basic Share
2.94
8.44
9.69
8.03
4.81
3.62
19.27
21.19
17.54
21.62
0.72
0.14
14.59
14.95
Dividend per Share
2.5
2
2.3
2.8
3
3.5
3
3.2
3
2.3
2.6
1.8
1.25
1.22
Book Value per Share
47.13
47.91
49.52
51.84
53.8
54.67
56.6
58.98
63.79
61.28
73.03
76.91
92.97
86.6
Tangible Book Value per Share
46.71
47.68
49.29
51.08
53.15
54.3
56.11
58.59
63.54
61.07
72.9
76.65
92.73
86.33
Basic Weighted Avg Shares
32
32
32
32
32
32
32
32
32
32
32
32
32
32
Sales/Revenue/Turnover
4,305
4,253
4,425
4,664
4,919
5,252
5,484
5,342
5,034
5,725
5,994
6,046
6,062
6,155
Operating Margin (%)
0.6
1.18
3.07
3.87
3.67
3.19
3.18
2.38
-0.15
2.14
1.12
0.2
-0.24
0.05
Depreciation Expense
255
239
203
187
174
186
697
711
718
736
725
732
729
745
Net Income, GAAP
79
93
131
174
169
141
162
160
99
130
167
66
79
115
Effective Tax Rate (%)
45.43
38.02
31.55
21.11
24
29.68
17.28
16.25
18.2
15.85
7.7
12.35
- -
- -
Profit Margin (%)
1.84
2.18
2.97
3.73
3.43
2.68
2.95
2.99
1.97
2.27
2.79
1.1
1.31
1.86
Working Capital
899
1,055
1,192
1,245
1,241
1,222
857
646
355
259
-506
-653
-874
-343
LT Debt
- -
- -
- -
- -
- -
- -
1,160
1,171
1,532
1,579
1,532
1,916
1,761
2,247
Total Equity
1,618
1,616
1,658
1,701
1,781
1,789
1,863
1,939
2,091
2,006
2,381
2,505
3,020
2,813
Return on Invested Capital (%)
0.84
1.91
5.61
8.35
7.75
6.49
5.44
3.01
-0.16
2.47
1.39
0.24
- -
- -
Return on Capital (%)
8.18
8.66
10.75
11.72
10.83
8.98
7.33
5.3
3.32
4.01
4.53
1.96
- -
- -
Return on Common Equity (%)
5.18
6.02
8.32
10.61
9.89
8.04
9.02
8.57
5
6.43
7.7
2.73
2.89
4.44

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
477
478
528
LT Borrowings
531
570
929
LT Finance Leases
1,230
1,256
1,319
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
2,015
1,911
1,846

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,183
1,197
1,744
Cash, Cash Equivalents & STI
981
976
1,507
Accounts Receivable, Net
108
114
116
Inventories
64
64
70
Total Current Liabilities
2,057
2,026
2,087
Payables & Accruals
- -
- -
- -
ST Debt
477
478
528
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.42%
9.64%
20.55%
Free Cash Flow
1,034.59%
1,997.07%
10,155.78%
Net Income, GAAP
0.78%
-3.78%
19.68%
Sales/Revenue/Turnover
3.33%
2.76%
0.27%
Total Cash Common Dividend
-4%
-15.5%
-30.47%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,487
1,522
1,562
1,474
6,046
2025
1,470
1,529
1,535
1,529
6,062
2026
1,522
1,569
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.01
1.07
0.13
-0.17
2.05
2025
0.27
0.66
0.1
1.42
2.45
2026
0.06
1.96
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.8
2025
- -
- -
1.21
- -
1.25
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ching Hui Hsieh
Full Time Employees
299
Sector
Consumer services
Industry
Restaurants
Address
No. 66, Jingmao 2nd Rd Taipei TP Taiwan 106
IPO Date
Dec 15, 2011
Website
mos.com.tw
Business
An-Shin Food Services Co., Ltd. operates primarily in the fast food industry, focusing on the management and operation of chain fast food restaurants under the MOS BURGER brand in Taiwan and Mainland China. The company manufactures and sells a range of food products including hamburgers, hot dogs, sandwiches, fried chicken, salads, desserts, soups, chips, ice creams, hot drinks, cold drinks, and fruit products. It also manages coffee shops and provides related information services. Founded in 1990 and headquartered in Taipei, Taiwan, An-Shin Food Services Co., Ltd. functions through subsidiaries and strategic partnerships, including cooperation with MOS Food Services, Inc. Japan. The company has recently made significant operational advancements by enhancing service quality and efficiency through digital transformation, including the adoption of automated service processes and mobile ordering apps. It is also progressing on a food processing plant project scheduled to begin trial production before the end of 2023 to supply food ingredients initially for MOS Burger locations in Taiwan and subsequently for export markets. An-Shin Food Services continues to develop new product lines, such as introducing high-quality local agricultural products like Hokkaido Seven-Star rice into its meal offerings and expanding its business scale via delivery platform partnerships. The company also places emphasis on sustainable development and food safety compliance in its operational strategy. An-Shin Food Services faces competition from major international fast food chains such as McDonald's and KFC, as well as from local convenience stores with similar product offerings. It has established a robust presence in Northern Taiwan, accounting for a significant share of its revenue, and aims to maintain growth through product innovation, digitalization, and regional expansion. The company remains committed to providing secure, safe, healthy, and delicious food options while navigating challenges from rising food ingredient costs and market competition.