Chang Jia M&E Engineering Corp.

Chang Jia M&E Engineering Corp.

TTPEX:4550
23.85
TWD
-0.10
(-0.42%)
1.92EPS
12.74P/E
927.06MMarket 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
35.47
36.74
37.88
49.31
41.08
33.66
30.68
35.2
37.54
35.82
50.45
33.02
24.29
23.53
Basic EPS, GAAP
3.05
2.19
1.31
2.4
1.47
1.48
2.74
2.27
1.41
2.83
3.26
3.16
1.34
1.92
Free Cash Flow per Basic Share
-5.77
-0.99
-3.15
0.75
2.05
1.34
4.23
-1.33
-1.4
3.98
2.21
6.29
4.47
-0.56
Dividend per Share
0.85
1.47
1.25
1.25
1.94
1.25
1.23
1.47
1.68
1.15
1.9
2.1
2
- -
Book Value per Share
18
18.81
19.34
20.43
19.86
19.98
21.2
22
21.74
23.4
24.82
25.86
25.1
24.77
Tangible Book Value per Share
17.1
16.43
14.37
16.3
15.1
15.96
17.34
16.82
16.16
19.15
14.73
17.81
14.74
15.6
Basic Weighted Avg Shares
29
31
33
33
35
36
38
38
38
38
38
38
38
38
Sales/Revenue/Turnover
1,016
1,124
1,245
1,645
1,439
1,203
1,154
1,332
1,421
1,355
1,909
1,250
919
892
Operating Margin (%)
10.41
5.17
4.48
3.23
4.1
4.76
10.65
6.11
4.58
10.88
8.75
8.42
5.74
8.94
Depreciation Expense
4
9
30
49
55
62
66
75
92
86
110
115
99
102
Net Income, GAAP
87
67
43
80
51
53
103
86
54
107
123
120
51
73
Effective Tax Rate (%)
20.18
17.98
21.7
16.7
18.12
19.57
20.35
18.29
17.44
20.14
21.1
21.8
21.46
20.21
Profit Margin (%)
8.6
5.97
3.46
4.87
3.57
4.41
8.93
6.44
3.77
7.9
6.45
9.57
5.5
8.17
Working Capital
362
358
350
548
275
206
260
290
287
379
323
399
337
353
LT Debt
- -
- -
- -
107
- -
- -
2
1
3
1
- -
1
1
- -
Total Equity
551
575
631
708
698
719
802
832
823
885
939
978
950
937
Return on Invested Capital (%)
13.85
7.09
5.76
4.97
5.26
5.28
10.91
6.9
1.91
8.9
9.82
6.81
3.98
6.65
Return on Capital (%)
14.73
10.11
5.74
9.31
5.83
6.34
11.91
9.22
5.32
10.56
11.28
10.59
4.94
7.69
Return on Common Equity (%)
17.75
11.92
7.14
11.96
7.32
7.49
13.55
10.5
6.47
12.53
13.51
12.48
5.25
7.89

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
60
58
28
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
944
925
927

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
899
853
828
Cash, Cash Equivalents & STI
569
593
565
Accounts Receivable, Net
118
42
37
Inventories
- -
- -
- -
Total Current Liabilities
563
476
475
Payables & Accruals
- -
- -
- -
ST Debt
60
58
28
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.29%
2.76%
-2.93%
Free Cash Flow
-13.44%
-53.25%
-29%
Net Income, GAAP
14.77%
3.38%
-57.71%
Sales/Revenue/Turnover
-0.35%
-3.61%
-26.45%
Total Cash Common Dividend
10.75%
10.74%
-4.76%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
385
339
253
274
1,250
2025
192
200
194
333
919
2026
218
147
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.63
-0.07
0.78
1.82
3.16
2025
0.18
0.11
0.36
0.68
1.34
2026
0.62
0.26
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.1
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yang Ming Wu
Full Time Employees
236
Sector
Industrial services
Industry
Engineering & construction
Address
No.1, Jihu Road Taipei TP Taiwan 114
IPO Date
Nov 25, 2013
Business
Chang Jia M&E Engineering Corp. (4550.TWO) is a Taiwan-based company principally engaged in mechanical and electrical engineering, providing comprehensive design, planning, construction management, testing, acceptance, and maintenance services for commercial, public, residential, and industrial buildings. The company offers core services including ultra-high voltage and high/low voltage power distribution systems; sanitary water supply, drainage, sewage, and wastewater treatment engineering; fire protection, water foam, and smoke exhaust systems; air conditioning and ventilation engineering; special electromechanical engineering for clean rooms in electronic semiconductor factories; access control security, parking, and building automation systems; as well as refrigerating, central monitoring energy management, and weak current projects such as communications and broadcasting. It also operates in the sports and leisure segment through Chang Jia Sports & Leisure, established in 2013, managing multiple civil sports centers including New Taipei City Zhonghe Civil Sports Center, New Taipei City Banqiao Civil Sports Center, Taipei City Jhong Jheng Sports Center, and Taoyuan City Luzhu Civil Sports Center, while sponsoring domestic sports events and providing scholarships for athletes. Founded in 1993 and headquartered at 8th Floor, No. 1, Lane 10, Jihu Road, Neihu District, Taipei City, Taiwan, Chang Jia primarily serves clients in Taiwan across industries such as high-tech factories (e.g., TSMC, ASE Technology), five-star hotels (e.g., Hotel Indigo Taipei North), aviation (e.g., EVA Airlines, STARLUX Airlines), and public works like the Universiade Athletes’ Village social housing. Recent projects as of third quarter 2023 include Nangang Taiwan Fertilizer C2 commercial building and Taichung Commercial Bank, with the company reporting third quarter 2025 earnings of NT$0.36 per share and maintaining operations in mechanical-electrical and sports segments amid stable revenue expectations from ongoing infrastructure projects.