GFC, LTD.

GFC, LTD.

TTPEX:4506
116.50
TWD
-0.50
(-0.43%)
7.73EPS
15.58P/E
21.33BMarket Cap
Nov 17Next 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
18.43
18.69
20.64
21.31
22.67
24.01
24.18
24.82
26.02
26.78
29.76
30.99
34.01
35.73
Basic EPS, GAAP
1.58
1.82
2.47
3.17
4.4
3.63
3.84
4.1
4.39
4.79
5.06
5.58
6.52
7.74
Free Cash Flow per Basic Share
1.72
4.05
3.18
1.6
2.34
2.94
5.1
4.34
5.1
4.49
6.4
6.56
8.49
8.4
Dividend per Share
1
1
1.5
1.7
2.29
3.1
2.6
2.7
3
3.2
3.4
4
4.5
- -
Book Value per Share
16.12
16.74
17.51
18.93
22.24
22.81
24.01
25.18
26.74
27.94
29.5
31.17
33.01
32.2
Tangible Book Value per Share
16.11
16.73
17.48
18.9
22.22
22.79
23.53
24.71
26.3
27.47
29.06
30.74
32.57
31.76
Basic Weighted Avg Shares
197
197
197
197
189
177
177
177
177
177
177
177
177
177
Sales/Revenue/Turnover
3,625
3,676
4,060
4,192
4,283
4,249
4,280
4,393
4,605
4,740
5,268
5,486
6,021
6,326
Operating Margin (%)
9.1
11.09
14.26
17.43
17.96
17.72
18.38
18.37
19.19
18.22
18.23
20.04
21.66
22.61
Depreciation Expense
49
48
48
49
49
47
63
65
66
63
70
66
68
67
Net Income, GAAP
310
358
487
624
831
643
679
726
778
848
895
989
1,154
1,370
Effective Tax Rate (%)
16.43
20.5
17.13
14.89
15.35
16.33
18.48
17.03
19.7
17.93
19.46
19.27
19.22
18.04
Profit Margin (%)
8.55
9.74
11.98
14.88
19.39
15.12
15.87
16.52
16.89
17.89
16.99
18.02
19.17
21.65
Working Capital
1,735
1,516
1,622
1,527
1,649
1,578
1,659
1,793
2,113
2,390
2,679
2,876
3,218
2,945
LT Debt
- -
- -
- -
- -
- -
- -
5
17
12
20
12
5
14
11
Total Equity
3,171
3,293
3,444
3,722
3,936
4,038
4,250
4,457
4,733
4,945
5,222
5,517
5,843
5,700
Return on Invested Capital (%)
7.93
9.05
12.74
15.76
15.94
14.84
15.13
15.12
14.71
13.94
14.73
15.96
17.68
20.16
Return on Capital (%)
9.25
10.28
13.26
16.09
20.68
15.77
16.14
16.18
16.43
17.19
17.27
18.07
19.96
24.44
Return on Common Equity (%)
9.75
11.08
14.44
17.41
21.69
16.12
16.39
16.67
16.93
17.52
17.61
18.41
20.32
24.98

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
94
101
112
LT Borrowings
- -
- -
- -
LT Finance Leases
14
12
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
177
177
177
Market Capitalization
21,153
20,622
21,330

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
8,455
8,449
8,950
Cash, Cash Equivalents & STI
4,586
4,754
5,117
Accounts Receivable, Net
607
626
658
Inventories
3,106
2,954
3,064
Total Current Liabilities
5,238
4,846
6,005
Payables & Accruals
- -
- -
- -
ST Debt
94
101
112
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.44%
5.57%
5.91%
Free Cash Flow
14.72%
16%
29.29%
Net Income, GAAP
10.03%
9.79%
16.77%
Sales/Revenue/Turnover
4.08%
6.56%
9.74%
Total Cash Common Dividend
11.15%
10.84%
12.5%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,224
1,258
1,423
1,582
5,486
2025
1,593
1,497
1,660
1,270
6,021
2026
1,819
1,576
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.39
1.44
1.39
1.36
5.58
2025
1.68
1.56
1.82
1.46
6.52
2026
2.11
2.34
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4
2025
- -
- -
- -
- -
4.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Pen-Li Yu
Full Time Employees
1,253
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 88, Nanjing East Road Taipei TP Taiwan 10457
IPO Date
Dec 6, 1997
Website
gfc.com.tw
Business
GFC. LTD. is a Taiwan-based manufacturer specializing in electrical machinery with core products including elevators, escalators, generators, and related equipment. The company produces and markets passenger elevators, high-speed elevators, condo/home elevators, escalators/moving walks, pneumatic vacuum elevators, car elevators, and parts for elevators, as well as diesel generators. GFC serves a variety of sectors including offices, factories, shopping malls, hotels, mansions, hospitals, and public construction projects primarily within Taiwan. Founded in 1974 and headquartered in Taipei, Taiwan, GFC operates through sales and maintenance segments. It is a subsidiary of Changjiang Property Co., Ltd. In August 2021, the company changed its name from Golden Friends Corporation to GFC. LTD. Recently, GFC has continued to emphasize sustainable development with ongoing sustainability and ESG reporting since 2018 and 2021 respectively. The company highlights more than 50 years of innovation experience and is known for developing Taiwan’s first locally-made high-speed elevators. GFC focuses on providing high-performance, eco-friendly vertical transportation solutions for high-rise buildings and other infrastructure in Taiwan, supporting a wide range of building types. They maintain durable operations emphasizing product reliability, energy efficiency, and environmental responsibility in line with modern standards. The company has not reported any major new acquisitions or strategic partnerships in the last 1-2 years but continues operational excellence and incremental product innovations within its core markets. Its comprehensive portfolio positions GFC as a leading domestic provider in Taiwan’s elevator and generator market. This description covers the main products and latest significant corporate changes including the name change and sustainability focus, reflecting the company’s formal profile in financial databases.