1. Taiwan Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
Taiwan Fructose Co., Ltd.

Taiwan Fructose Co., Ltd.

TTPEX:4207
19.30
TWD
+0.05
(+0.26%)
2.42EPS
10.25P/E
3.84BMarket 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
17.83
15.52
15.18
16.57
15.86
17.81
19.4
19.24
22.09
25.41
26.93
28.38
26.01
26.91
Basic EPS, GAAP
1.06
0.27
0.04
0.8
0.95
0.59
0.31
0.75
1.84
0.7
1.18
1.09
1.76
1.89
Free Cash Flow per Basic Share
1.45
-0.32
0.57
0.7
1.72
-1.48
0.29
1.86
0.4
-0.91
1.69
0.42
2.33
1.02
Dividend per Share
0.71
0.42
0.15
- -
- -
0.61
0.24
0.3
0.53
0.33
0.31
0.38
1
- -
Book Value per Share
9.09
8.87
8.14
8.61
9.47
9.52
9.73
10.02
10.62
11.36
12.19
13.67
14.83
14.56
Tangible Book Value per Share
9.07
8.85
8.11
8.58
9.44
9.49
9.7
10.01
10.61
11.35
12.18
13.66
14.82
14.55
Basic Weighted Avg Shares
208
220
219
212
212
212
212
203
199
199
198
199
199
198
Sales/Revenue/Turnover
3,717
3,417
3,323
3,510
3,360
3,772
4,109
3,897
4,386
5,044
5,339
5,635
5,164
5,329
Operating Margin (%)
7.72
4.47
3.32
7.61
11.84
4.5
3.35
7.69
6.9
6.42
7.98
7.68
12.81
12.86
Depreciation Expense
113
124
125
126
132
149
186
186
186
174
181
192
201
204
Net Income, GAAP
220
60
9
169
200
124
67
152
364
139
234
216
349
374
Effective Tax Rate (%)
12.71
31.5
40.82
26.63
21.86
24.28
7.25
29.92
20.01
31.86
25.38
25.43
25.57
26.63
Profit Margin (%)
5.93
1.77
0.28
4.83
5.96
3.29
1.62
3.89
8.31
2.75
4.38
3.83
6.76
7.02
Working Capital
671
857
679
764
954
828
839
845
1,476
1,443
1,643
1,752
2,089
1,971
LT Debt
324
508
560
719
768
817
752
783
998
1,050
1,013
872
953
957
Total Equity
2,478
2,545
2,291
2,389
2,639
2,615
2,747
2,715
2,920
3,164
3,394
3,795
4,167
4,070
Return on Invested Capital (%)
6.76
2.72
1.67
4.98
7.78
3.05
3.67
4.78
5.16
4.44
6.22
6.16
8.79
9
Return on Capital (%)
4.85
1.55
0.27
4.42
4.04
2.8
1.1
2.3
4.09
2.28
4.01
3.27
4.69
5.42
Return on Common Equity (%)
11.89
3.08
0.51
9.56
10.46
6.16
3.27
7.48
17.78
6.36
10.01
8.41
12.35
13.76

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
446
750
744
LT Borrowings
951
941
957
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
199
199
199
Market Capitalization
3,663
3,871
3,842

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,962
3,372
3,257
Cash, Cash Equivalents & STI
817
1,095
932
Accounts Receivable, Net
1,210
1,340
1,332
Inventories
707
698
730
Total Current Liabilities
873
1,490
1,286
Payables & Accruals
- -
- -
- -
ST Debt
446
750
744
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.25%
8.96%
9.81%
Free Cash Flow
4.99%
-62.51%
457.26%
Net Income, GAAP
195.22%
40.22%
61.84%
Sales/Revenue/Turnover
4.8%
6.12%
-8.35%
Total Cash Common Dividend
- -
43.45%
165%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,418
1,498
1,379
1,340
5,635
2025
1,357
1,312
1,223
1,272
5,164
2026
1,396
1,438
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.36
0.15
0.32
1.09
2025
0.28
0.54
0.49
0.45
1.76
2026
0.49
0.46
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.38
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chih Liang Kang
Full Time Employees
1,454
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
No. 265, Nankan Road Taoyuan TP Taiwan 338019
IPO Date
Jan 21, 2000
Website
fructose.com.tw
Similar Companies
PepsiCo, Inc. (NASDAQ:PEP)
Britannia Industries Ltd (NSE:BRITANNIA)
Tata Consumer Products Limited (NSE:TATACONSUM)
Ulker Biskuvi Sanayi A.S. (BIST:ULKER)
Mondelez International, Inc. (NASDAQ:MDLZ)
The Hershey Company (NYSE:HSY)
Business
Taiwan Fructose Co., Ltd. manufactures and processes sweeteners including fructose syrups, maltose syrups, glucose syrups and starch derivatives for the food and beverage industry. The company produces fructose products for soft drinks, juices, tea beverages, sports drinks, energy drinks, flavored milk, yogurt drinks, ice creams, popsicles, jellies, puddings, breads, cakes, soy sauce and health foods; maltose products for candy, iced products, jams, jelly, sachima, bean fillings, chewing gums, peanut candy and candied fruits; oligosaccharides for lactic acid beverages, sports drinks, low-fat milk, iced products, candies, jams and desserts; maltodextrin for candies, iced products, bakery, biscuits and desserts; non-dairy creamers for coffee, milk tea, instant drinks, bakery and food processing; sorbitol and crystalline dextrose for food fillings, toothpaste, cleaning products, makeup and candy, beverage, bakery applications; super high maltose syrup, isomalto-oligosaccharide syrup and galacto-oligosaccharide syrup; as well as trades tinplate products. Taiwan Fructose operates plants in Taiwan, Thailand through Pure Chem Co., Ltd., the Philippines and a subsidiary in Malaysia producing fructose, sorbitol and dextrose, serving domestic and export markets primarily in Asia. Founded in 1984 and listed on the Taipei Exchange in 2000 under ticker 4207, the company maintains headquarters at 5F., No. 265, Nankan Rd., Luzhu Dist., Taoyuan City, Taiwan. In 2024, Taiwan Fructose achieved consolidated net revenue of NT$5.63 billion, up 5.54% year-over-year, with advancements in research including scaled-up production of IMO90 syrup, process optimization for FOS syrup, outsourced allulose enzyme studies and powder formulations for IMO90 and fructo-oligosaccharides; the firm distributed a cash dividend of NT$1 per share and appointed a new director representative in January 2025 while sustaining operations amid global supply chain challenges.