1. Taiwan Stocks

  2. •

    Consumer durables

  3. •

    Recreational products
Chi Hua Fitness Co., Ltd.

Chi Hua Fitness Co., Ltd.

TTPEX:1593
31.35
TWD
-0.05
(-0.16%)
4.80EPS
7.82P/E
1.22BMarket 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
27.35
30.73
26.5
24.89
25.74
23.72
24.06
25.62
31.8
22.92
26.83
28.13
31.59
33.12
Basic EPS, GAAP
1.59
2.15
3.01
3.09
3.53
3.56
3.53
4.23
4.63
4.93
1.28
1.7
2.18
3.92
Free Cash Flow per Basic Share
1.66
1.37
2.39
3.53
3.59
3.97
3.07
2.26
-10.07
-1.5
3.45
2.99
3.54
3.37
Dividend per Share
0.82
1.94
2
2.81
2.8
3.06
3.77
3.02
3.41
3.51
2.44
1.6
1.6
- -
Book Value per Share
22.06
22.8
24.95
24.43
24.58
26.13
25.45
27.61
30.11
33.8
32.66
33.48
33.43
34.34
Tangible Book Value per Share
21.89
22.62
24.83
24.31
24.47
26.01
25.34
27.51
30.01
27.65
26.64
27.62
27.78
28.75
Basic Weighted Avg Shares
30
30
32
32
32
34
34
34
37
38
40
40
40
40
Sales/Revenue/Turnover
821
908
843
806
834
802
815
869
1,177
875
1,065
1,119
1,257
1,320
Operating Margin (%)
5.27
7.2
8.48
13.72
16.46
14.88
14.39
13.36
15.08
8.66
8.42
8.06
9.93
9.08
Depreciation Expense
20
23
23
21
19
17
20
20
22
29
49
50
50
49
Net Income, GAAP
48
63
96
100
114
120
119
143
171
188
51
68
87
156
Effective Tax Rate (%)
18.6
24.79
14.71
15.36
18.44
16.61
16.42
13.24
16.31
9.64
24.73
28
23.64
27.48
Profit Margin (%)
5.8
6.99
11.34
12.4
13.7
15
14.66
16.52
14.55
21.52
4.77
6.04
6.91
11.83
Working Capital
347
384
563
491
481
567
528
716
526
436
416
472
528
802
LT Debt
- -
- -
58
- -
- -
- -
- -
95
275
269
249
229
235
6
Total Equity
681
707
811
795
806
899
876
1,001
1,132
1,381
1,361
1,414
1,431
1,469
Return on Invested Capital (%)
5.32
6.99
7.62
10.79
12.89
11.17
10.73
10.17
11.28
3.94
3.67
3.72
5.09
5.08
Return on Capital (%)
8.68
10.66
13.39
11.72
13.48
13.6
13.36
14.51
13.59
11.17
1.58
2.52
3.35
7.68
Return on Common Equity (%)
7.4
9.42
12.8
12.5
14.37
14.22
13.56
15.41
16.18
15.32
3.86
5.14
6.53
11.96

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
225
201
77
LT Borrowings
228
221
- -
LT Finance Leases
7
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
40
40
40
Market Capitalization
1,156
1,335
1,219

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
979
1,436
1,184
Cash, Cash Equivalents & STI
592
583
804
Accounts Receivable, Net
186
174
166
Inventories
156
179
173
Total Current Liabilities
451
486
382
Payables & Accruals
- -
- -
- -
ST Debt
225
201
77
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.13%
7.75%
1.2%
Free Cash Flow
-98.77%
-201.34%
18.66%
Net Income, GAAP
6.15%
3.59%
28.51%
Sales/Revenue/Turnover
5.25%
9.8%
12.31%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
243
263
290
323
1,119
2025
276
307
308
365
1,257
2026
305
342
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.43
0.58
0.69
1.7
2025
0.42
0.44
0.41
0.9
2.18
2026
0.58
2.03
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.6
2025
- -
- -
- -
- -
1.6
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ying Cheun Lee
Full Time Employees
282
Sector
Consumer durables
Industry
Recreational products
Address
No.231, Dexing Road Hsinchu TP Taiwan
IPO Date
Sep 9, 2010
Website
chihua.com.tw
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Business
Chi Hua Fitness Co., Ltd. manufactures and sells fitness equipment components worldwide; its core products include hybrid generator brakes, medical application load units, field coil eddy current brakes, PM brakes, lower control boards for EMS and generator systems, TFT/LCD/LED consoles, BLDC drivers, brushless and brush DC motors, cables, gear motors, heart rate sensor boards, hand grip sensors, motor utility strength trainers, bicycle trainers, fuel pumps, and LED light bars; the company also provides electric machines such as direct current motors, electric power generators, mixed electric power generators, and mini magnetic controllers, as well as electronic controlling products including electronic meters and controllers. Founded in March 1997 by Professor Lee Ying-Che and headquartered at No. 231 Dexing Rd., Hukou Township, Hsinchu County, Taiwan, Chi Hua Fitness operates production bases in Taoyuan, Vietnam, and mainland China, serving fitness device manufacturers and automobile electronic equipment sectors globally. The company maintains subsidiaries Mantek Ltd. and Watek Ltd. established in 2008, initiated mass production at its Vietnam factory in 2010, and listed on the Taiwan Emerging Stock Market via IPO in July 2010 with trading commencing in September 2010; no major acquisitions, partnerships, funding rounds, or strategic shifts have been reported in the last 1-2 years, with recent focus on ongoing global distribution and quarterly earnings releases showing stable operations as of third quarter 2025.