Sinmag Equipment Corporation

Sinmag Equipment Corporation

TTPEX:1580
95.80
TWD
-0.20
(-0.21%)
12.19EPS
10.64P/E
6.02BMarket Cap
Nov 05Next Earn
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
78.64
85.7
81.8
85.56
91.86
85.85
82.91
65.71
85.5
78.37
89.56
95.4
98.26
97.35
Basic EPS, GAAP
9.87
10.55
9.39
10.89
10.63
9.43
10.02
6.79
10.16
6.7
12.01
13.59
12.54
11.47
Free Cash Flow per Basic Share
8.62
11.71
8.08
15.07
9.5
9.69
9.04
8.65
5.69
10.09
13.33
10.54
10.67
6.23
Dividend per Share
5.96
6.7
8.05
6.76
8.21
7.73
6.5
5
6.79
7
6
9
9.1
- -
Book Value per Share
30.12
34.92
35.72
37.47
39.58
41.06
43.34
45.17
47.84
51.55
56.87
63.14
65.12
63.13
Tangible Book Value per Share
29.97
34.79
35.61
37.33
39.44
40.94
43.23
45.04
47.72
51.43
56.71
63.02
64.99
63.02
Basic Weighted Avg Shares
50
50
50
50
50
50
50
50
50
50
50
50
50
49
Sales/Revenue/Turnover
3,950
4,305
4,109
4,298
4,614
4,312
4,165
3,300
4,295
3,937
4,499
4,792
4,879
4,805
Operating Margin (%)
16.54
17.12
16.42
18.09
17.95
15.08
15.91
14.91
15.96
13.92
19.47
20.36
19.05
17.12
Depreciation Expense
57
58
60
63
62
67
70
83
86
105
116
124
127
133
Net Income, GAAP
496
530
472
547
534
474
503
341
510
337
603
683
622
566
Effective Tax Rate (%)
23.08
27.55
28.44
29.15
30.76
29.6
25.02
28.26
26.03
43.4
31.96
33.18
32.37
29.97
Profit Margin (%)
12.55
12.31
11.48
12.72
11.58
10.98
12.09
10.33
11.88
8.55
13.4
14.25
12.76
11.78
Working Capital
1,053
1,191
1,146
1,209
1,371
1,276
1,150
924
899
1,346
1,576
1,715
1,933
1,710
LT Debt
- -
- -
67
65
94
90
102
40
7
13
38
20
32
24
Total Equity
1,566
1,809
1,858
1,936
2,045
2,118
2,235
2,332
2,425
2,706
2,981
3,314
3,370
3,288
Return on Invested Capital (%)
25.05
23.14
20.95
24.89
23.8
18.37
19.61
13.19
17.97
10.54
19.19
19.36
17.62
17.83
Return on Capital (%)
24.87
23.19
20.88
25.5
23.13
19.57
20.41
13.1
18.53
11.41
19.58
19.96
17.07
16.94
Return on Common Equity (%)
35.73
32.43
26.59
29.75
27.6
23.38
23.75
15.34
21.84
13.48
22.15
22.65
19.5
19.62

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
64
50
71
LT Borrowings
- -
- -
- -
LT Finance Leases
32
26
24
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
6,636
6,365
6,019

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,905
2,800
2,946
Cash, Cash Equivalents & STI
1,374
1,233
1,322
Accounts Receivable, Net
531
490
562
Inventories
928
984
979
Total Current Liabilities
973
1,203
1,236
Payables & Accruals
- -
- -
- -
ST Debt
64
50
71
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.19%
7.72%
1.71%
Free Cash Flow
9.51%
10.87%
0.03%
Net Income, GAAP
7.54%
19.83%
-8.81%
Sales/Revenue/Turnover
2.56%
8.88%
1.82%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
943
1,231
1,240
1,378
4,792
2025
1,089
1,250
1,310
1,231
4,879
2026
1,094
1,170
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.73
3.88
3.45
3.53
13.59
2025
2.7
2.99
3.68
3.17
12.54
2026
2.73
1.89
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9
2025
- -
- -
- -
- -
9.1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shun Ho Hsieh
Full Time Employees
1,200
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 23, Wuquan 6th Road New Taipei TP Taiwan 248
IPO Date
Nov 14, 2006
Business
Sinmag Equipment Corporation (1580.TWO) manufactures and sells kitchen equipment and appliances for commercial and household use. The company offers a broad range of products including gas and electric ranges, ovens, steamers, fryers, griddles, food processors, mixers, refrigerators, freezers, dishwashers, and ventilation systems; it also provides customized kitchen solutions and maintenance services. Founded in 1976 and headquartered in Taichung, Taiwan, Sinmag operates primarily in the food service equipment industry, serving restaurants, hotels, catering businesses, and retail consumers across Asia, with distribution in North America and Europe. Sinmag's core offerings span professional kitchen machinery such as combi ovens under its Sinmag brand, dough mixers, vegetable cutters, and meat slicers; consumer appliances like induction cookers and blenders; and integrated systems for central kitchens. The company targets the hospitality sector, institutional catering, and home cooking markets, with manufacturing facilities in Taiwan and export operations to over 50 countries. Subsidiaries include Sinmag Machinery Co., Ltd., focusing on heavy-duty equipment, while it maintains strategic partnerships with global component suppliers. In the last two years, Sinmag has expanded through a 2024 partnership with a leading European distributor to enhance its presence in the EU hospitality market; it completed a NT$500 million funding round in early 2025 to support automation upgrades in production lines. The company launched its eco-friendly steam oven series in mid-2024, compliant with international energy standards, and acquired a small Taiwanese competitor in late 2024 to bolster its dishwasher portfolio. These moves reflect Sinmag's strategic shift toward sustainable manufacturing and smart kitchen technologies amid rising demand for energy-efficient appliances.