Hsin-Li Chemical Industrial Corp.

Hsin-Li Chemical Industrial Corp.

TTPEX:4303
30.00
TWD
-0.90
(-2.91%)
3.57EPS
9.54P/E
3.13BMarket Cap
Hsin-Li Chemical Industrial Corp.
TPEX:4303
(Taipei Exchange)

Recent

price

30.00

P/E

ratio

9.54

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
9.95
8.73
7.87
7.33
7.99
7.58
1.34
1.67
5.14
5.03
3.96
4.36
4.02
2
4.05
10.44
9.67
Revenue per Share
-0.27
-0.4
-0.16
0.4
0.83
0.66
0.05
4.91
1.08
1.36
-0.34
1.63
-0.51
1.52
14.71
11.15
3.47
Basic EPS, GAAP
0.75
-0.25
0.62
0.57
0.64
0.55
0.15
-0.66
-3.27
0.21
0.15
0.7
-0.46
0.1
0.35
0.4
-3.26
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.08
0.07
- -
7.14
1
1
0.25
0.92
- -
0.99
0.83
- -
Dividend per Share
7.72
7.57
7.29
7.73
8.67
9.13
8.8
17.57
11.42
11.82
10.47
11.61
10.24
11.77
26.58
36.91
35.69
Book Value per Share
6.64
6.39
6.13
7.73
8.67
9.13
8.8
17.57
11.42
11.82
10.47
11.61
10.24
11.77
25.6
36.91
35.69
Tangible Book Value per Share
84
84
84
84
84
84
306
250
84
84
84
84
81
81
92
95
103
Basic Weighted Avg Shares
835
733
661
616
671
637
410
418
432
423
333
365
325
162
374
988
1,000
Sales/Revenue/Turnover
-2.79
-10.7
-2.06
2.86
7.75
7.38
4.41
-13.93
2
3.05
2.38
5.09
5.18
-18.62
-19.92
-10.23
-6.3
Operating Margin (%)
55
48
33
29
25
26
29
20
20
23
24
23
20
24
31
52
54
Depreciation Expense
-23
-33
-13
33
69
55
14
1,228
91
114
-28
137
-41
123
1,358
1,054
359
Net Income, GAAP
- -
- -
- -
- -
- -
7.66
1.4
16.38
7.78
2.58
- -
2.48
- -
0.99
0.61
18.52
41.51
Effective Tax Rate (%)
-2.74
-4.55
-2.04
5.42
10.36
8.65
3.4
293.99
21.01
27
-8.54
37.47
-12.66
76.34
363.3
106.71
35.88
Profit Margin (%)
73
101
115
125
177
260
246
892
369
389
276
9
90
-106
463
962
-104
Working Capital
46
29
25
6
4
37
62
- -
- -
5
3
3
315
49
130
132
96
LT Debt
687
636
612
650
728
767
739
1,476
959
993
879
947
829
953
2,990
3,974
3,861
Total Equity
- -
- -
- -
2.27
6.15
4.9
2.03
-3.7
0.55
0.98
- -
1.59
- -
-2.11
17.36
-1.98
-8.37
Return on Invested Capital (%)
- -
- -
- -
4.61
8.52
6.44
1.81
102.98
7.09
10.54
- -
12.21
- -
9.52
51.26
26.23
8.41
Return on Capital (%)
-3.47
-5.2
-2.16
5.29
10.09
7.38
1.85
110.88
7.45
11.7
-3.04
14.98
-4.64
13.85
78.35
35.11
12.08
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
113
290
444
LT Borrowings
50
47
17
LT Finance Leases
82
81
79
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
95
95
Market Capitalization
4,082
3,703
3,132

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,614
1,490
784
Cash, Cash Equivalents & STI
1,261
970
231
Accounts Receivable, Net
133
156
185
Inventories
204
197
200
Total Current Liabilities
652
872
887
Payables & Accruals
- -
- -
- -
ST Debt
113
290
444
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
30.98%
51.36%
32.92%
Free Cash Flow
-9.89%
83.53%
19.25%
Net Income, GAAP
831.96%
-26.58%
-22.38%
Sales/Revenue/Turnover
19.03%
48.79%
164.26%
Total Cash Common Dividend
- -
- -
-14.12%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
52
57
71
193
374
2025
224
279
277
208
988
2026
228
287
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.13
-2.4
-0.11
3.98
14.71
2025
7.55
-5.96
8.51
-3.18
11.15
2026
-0.48
0.22
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.99
2025
- -
- -
- -
- -
0.83
2026
- -
- -
- -
- -
- -
Business
HsinLi Chemical Industrial Corp. (4303.TWO), founded in 1962 and headquartered in Tainan City, Taiwan, engages in the manufacture and sale of synthetic and plastic leather products primarily for applications in furniture, automobiles, bags, shoes, gloves, apparel, and curtains; its core offerings include thermoplastic polyurethane (TPU) products, moisture-permeable polyurethane (PU) films, wet and dry PU synthetic leather, polyvinyl chloride (PVC) casting leather and soft PVC series for decoration and furniture, flocked adhesive cloths, sponge leather, leather sofas, wallpapers, car seats, seat covers, and cushions, with principal markets in Taiwan, Japan, Mainland China, Vietnam, and other international regions. The company operates with a workforce of 52 employees and maintains a fully integrated production line focused on commodity chemicals within the plastics segment, distributing products principally across Asia while pursuing vertical supply chain integration and eco-friendly innovations such as solvent-free processed goods, recycled base fabrics under Global Recycled Standard (GRS) certification, and water-based high-foam PU to replace traditional wet-process leather, aiming to reduce environmental impact and compliance costs. In recent developments, HsinLi Chemical Industrial Corp., alongside Myson Century Inc., proposed in October 2025 to acquire a 59.48% stake in Great Computer Corp. for approximately TWD 400 million via public tender offer, targeting completion by November 2025 to expand strategic capabilities; additionally, the company reported robust 2024 financials with operating revenue of NT$374 million, net income after tax of NT$814 million, and earnings per share of NT$10.62, proposing a cash dividend of NT$1 per share and stock dividend of NT$2 per share from distributable earnings, while amending internal procedures for board meetings, asset acquisitions, loans, and endorsements in line with regulatory updates ahead of its May 2025 shareholders' meeting.