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    Non-energy minerals

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    Steel
WINSON Machinery Co., Ltd.

WINSON Machinery Co., Ltd.

TTPEX:4538
17.05
TWD
-0.30
(-1.73%)
0.38EPS
49.11P/E
1.12BMarket Cap
WINSON Machinery Co., Ltd.
TPEX:4538
(Taipei Exchange)

Recent

price

17.05

P/E

ratio

49.11

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
18.02
14.39
7.25
6.18
8.13
8
8.31
13.05
14.95
8.29
5.79
8.85
11.58
7.91
5.44
6.45
6.49
Revenue per Share
1.63
1.93
0.53
0.47
0.64
0.49
0.76
1.28
1.72
0.88
0.47
0.74
1.53
1.12
0.19
0.29
0.38
Basic EPS, GAAP
-3.38
1.62
1.16
-0.07
0.78
1.38
1.21
1.04
2.18
3.11
-1.26
-0.36
1.45
-0.28
1.35
1.46
0.88
Free Cash Flow per Basic Share
- -
- -
0.55
0.55
1.16
0.59
0.49
0.46
1.27
1.09
0.18
0.77
0.48
0.55
0.79
0.4
- -
Dividend per Share
12.03
11.08
11.21
11.05
10.84
10.74
11.41
12.23
12.77
12.96
13.23
13.19
14.4
15.3
14.76
14.68
13.9
Book Value per Share
11.84
11.06
11.19
11.05
10.84
10.72
11.39
12.21
12.77
12.96
13.23
13.19
14.39
15.3
14.76
14.68
13.9
Tangible Book Value per Share
35
57
66
66
62
56
52
46
46
52
52
52
52
55
58
59
61
Basic Weighted Avg Shares
640
823
478
407
505
448
435
602
690
433
303
463
608
435
315
380
395
Sales/Revenue/Turnover
13.81
17.71
11.27
9.51
10.01
8.93
12.79
13.27
14.63
12.1
5.22
10.52
15.6
13.81
4.35
4.27
2.66
Operating Margin (%)
37
40
40
37
47
55
54
50
47
46
38
37
32
29
31
33
32
Depreciation Expense
58
110
35
31
40
28
40
59
79
46
25
39
80
61
11
17
23
Net Income, GAAP
24.09
19.08
29.74
13.63
9.18
10
15.53
19.41
19.19
20.52
13.63
20.19
19.62
22.02
6.68
23.83
20.15
Effective Tax Rate (%)
9.03
13.39
7.3
7.64
7.86
6.15
9.19
9.79
11.49
10.62
8.1
8.34
13.19
14.11
3.54
4.56
5.91
Profit Margin (%)
161
354
305
277
156
182
146
187
234
271
201
194
381
358
353
407
368
Working Capital
104
- -
- -
- -
- -
- -
- -
- -
- -
49
- -
- -
139
- -
- -
- -
- -
LT Debt
378
730
739
728
607
602
527
564
589
678
692
690
753
880
867
873
827
Total Equity
- -
17.35
5.05
4.53
6.83
5.92
8.11
11
13.26
6.52
1.94
5.37
9.46
5.17
0.93
1.49
1.33
Return on Invested Capital (%)
- -
17.81
5.61
5.28
7.15
5.8
8.37
11.31
14.21
7.43
3.51
5.59
10.23
6.96
1.33
2.01
2.73
Return on Capital (%)
- -
19.88
4.75
4.24
5.94
4.56
7.08
10.81
13.74
7.27
3.58
5.59
11.11
7.51
1.28
1.99
2.78
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
25
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
59
59
59
Market Capitalization
1,011
1,130
1,121

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
468
488
469
Cash, Cash Equivalents & STI
298
331
303
Accounts Receivable, Net
83
68
60
Inventories
49
55
67
Total Current Liabilities
61
66
101
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
25
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.11%
5%
0.68%
Free Cash Flow
-129.48%
-256.76%
9.45%
Net Income, GAAP
15.34%
23.03%
55.35%
Sales/Revenue/Turnover
3.13%
9.72%
20.45%
Total Cash Common Dividend
36.27%
61.92%
-48.93%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
70
75
100
71
315
2025
70
106
102
102
380
2026
89
102
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.01
0.35
-0.29
0.19
2025
0.11
- -
0.09
0.08
0.29
2026
0.1
0.11
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.79
2025
- -
- -
- -
- -
0.4
2026
- -
- -
- -
- -
- -
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Business
WINSON Machinery Co., Ltd. (4538.TWO) manufactures and sells machine tool castings, wind power castings, ductile iron castings, and grey iron castings in Taiwan; its core products include beds for milling machines, grinding machines, slant lathes, CNC lathes, and vertical lathes; heads, beams, columns, and tables for vertical and double-column milling machines; as well as other large-scale components with maximum weights up to 40 tons and lengths up to 14 meters, produced using materials such as FC25 and FC30. The company serves industries including machine tools, transportation equipment, valves, aerospace, 3C electronics (computers, communications, and consumer products), and general machinery, with primary distribution in the domestic Taiwan market and select overseas markets. Founded in 1980 and headquartered at No. 23, Lugong South 6th Road, Lugang Town, Changhua County, Taiwan, WINSON Machinery maintains a production capacity of up to 4,000 tons monthly from its expanded 39,600 square meter facility. In recent years, the company reports earnings for periods through September 30, 2025, reflecting ongoing operations amid stable financial metrics including a net profit margin of approximately 2.86% on trailing twelve-month revenue of NT$346.93 million.