1. Taiwan Stocks

  2. •

    Distribution services

  3. •

    Wholesale distributors
Bausen Inc.

Bausen Inc.

TTPEX:2948
36.45
TWD
-0.45
(-1.22%)
2.10EPS
17.29P/E
1.16BMarket Cap
Nov 12Next Earn
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
44.88
41.71
46.44
57.61
78.57
84.37
76.44
65.69
66.89
67.54
Basic EPS, GAAP
2.82
1.54
1.83
3.76
6.07
5.45
3.73
2.05
2.08
2.1
Free Cash Flow per Basic Share
-8.34
-2.85
3.13
1.88
-1.71
0.42
2.25
-4.67
5.42
1.75
Dividend per Share
- -
0.61
0.67
0.59
1.5
2.47
2.6
2.28
1.71
- -
Book Value per Share
5.52
7.09
8.7
12.82
19.29
25.94
35.79
33.24
32.42
31.87
Tangible Book Value per Share
5.52
7.08
8.7
12.82
19.29
25.94
35.79
33.24
32.42
31.87
Basic Weighted Avg Shares
12
21
22
24
25
27
29
32
32
32
Sales/Revenue/Turnover
536
866
1,022
1,401
1,999
2,272
2,186
2,102
2,141
2,157
Operating Margin (%)
7.74
4.92
7.31
10.04
11.46
7.64
8.27
5.99
5.83
5.81
Depreciation Expense
- -
5
49
50
63
91
138
164
145
138
Net Income, GAAP
34
32
40
91
154
147
107
66
66
67
Effective Tax Rate (%)
14.64
19
25.12
24.95
22.15
24.25
25.78
29.97
29.13
29.11
Profit Margin (%)
6.29
3.7
3.94
6.52
7.72
6.46
4.88
3.12
3.1
3.11
Working Capital
110
134
151
245
400
574
808
903
916
900
LT Debt
3
6
113
101
102
141
423
315
353
340
Total Equity
142
182
223
329
519
736
1,015
1,064
1,037
1,020
Return on Invested Capital (%)
- -
14.21
14.89
19.82
21.81
11.97
8.13
4.28
4.28
4.74
Return on Capital (%)
- -
15.05
14.54
19.56
22.11
14.47
7.97
4.62
4.59
5.08
Return on Common Equity (%)
- -
19.78
19.87
33.07
36.4
23.39
12.18
6.31
6.32
6.86

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
667
619
625
LT Borrowings
15
12
8
LT Finance Leases
337
314
331
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
32
32
32
Market Capitalization
1,178
1,209
1,161

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,872
1,988
1,901
Cash, Cash Equivalents & STI
177
197
200
Accounts Receivable, Net
182
197
199
Inventories
1,366
1,454
1,365
Total Current Liabilities
956
1,035
1,001
Payables & Accruals
- -
- -
- -
ST Debt
667
619
625
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.95%
-2.48%
Free Cash Flow
- -
-78.75%
-215.87%
Net Income, GAAP
- -
-0.1%
1.28%
Sales/Revenue/Turnover
- -
10.12%
1.84%
Total Cash Common Dividend
- -
44.84%
-25%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
497
526
544
535
2,102
2025
523
562
543
512
2,141
2026
531
570
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.59
0.55
0.35
0.57
2.05
2025
0.37
0.56
0.64
0.51
2.08
2026
0.39
0.56
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.28
2025
- -
- -
- -
- -
1.71
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Kai Lun Huang
Full Time Employees
69
Sector
Distribution services
Industry
Wholesale distributors
Address
No. 508, Section 5 Taipei TPE Taiwan 11083
IPO Date
Dec 12, 2023
Website
bausen.com
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Business
Bausen Inc. engages primarily in the wholesale and retail distribution of wood furniture, flooring, and interior decoration building materials, operating under brands such as Artisan Hardwood and Villa Blanca, which focus on engineered, laminate, composite, and luxury hardwood flooring products. The company offers a comprehensive product range including flooring, floor coverings, moldings, cabinet systems, marble and stone countertops, and home improvement materials and accessories. Bausen operates Modern Home Concepts retail stores in North America, specializing in serving contractors, interior designers, and home improvement professionals with products such as Legacy Collection engineered flooring, American Coastal laminate flooring, and WPC composite flooring. Founded in 2015 and headquartered in Taipei, Taiwan, Bausen maintains a significant international presence with operations in Taiwan and the United States, including locations near Los Angeles, Dallas, and Houston. Recent major developments include expanding the Artisan Hardwood brand's footprint in the North American market, developing a one-stop-shop retail concept through Modern Home Concepts stores, and focusing on luxury flooring offerings with the Villa Blanca Collection, which emphasizes high-quality materials like European White Oak and American Walnut. The company reports strong positioning in global flooring design trends and continues to evolve its retail and wholesale distribution capabilities, strengthening its footprint in home improvement sectors. Bausen's latest financial results reflect sustained revenues around NT$2.1 billion with continued strategic emphasis on quality product lines and expanded geographic reach in high-end residential and commercial markets. The company is listed on the Taipei Exchange under ticker 2948.TWO.