1. Taiwan Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Joy Industrial Co., Ltd.

Joy Industrial Co., Ltd.

TTPEX:4559
7.30
TWD
-0.17
(-2.28%)
462.00MMarket 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
70.09
54.65
50.61
43.34
40.77
29.83
19.44
19.63
27.78
24.57
15.62
20.89
- -
- -
Basic EPS, GAAP
1.48
1.06
0.14
-1.03
0.32
0.66
-0.19
0.67
1.55
0.81
-1.87
0.04
- -
- -
Free Cash Flow per Basic Share
-2.33
-2.32
-0.25
-3.64
-3.52
0.8
-0.58
0.79
-0.53
1.42
0.14
0.96
- -
- -
Dividend per Share
0.64
- -
0.93
- -
- -
- -
- -
- -
0.54
0.5
0.4
- -
- -
- -
Book Value per Share
9.13
13.73
12.7
10.45
10.68
10.75
10.12
10.96
12.04
12.67
10.2
10.72
- -
9.32
Tangible Book Value per Share
9.03
13.64
12.18
10.06
10.36
10.56
9.97
10.86
11.99
12.65
10.19
10.71
- -
9.31
Basic Weighted Avg Shares
28
37
38
38
38
43
57
57
57
60
60
60
60
60
Sales/Revenue/Turnover
1,941
2,028
1,923
1,647
1,548
1,287
1,104
1,115
1,574
1,474
937
1,253
- -
- -
Operating Margin (%)
4.45
3.62
0.08
-0.97
1.7
3.8
-0.4
2.96
6.22
3.89
-12.84
1.38
- -
- -
Depreciation Expense
47
66
76
77
74
71
66
68
73
70
70
67
- -
- -
Net Income, GAAP
41
39
5
-39
12
28
-11
38
88
48
-112
2
- -
- -
Effective Tax Rate (%)
43.66
52.54
69.13
- -
39.22
30.7
- -
- -
7.04
36.17
- -
56.91
- -
- -
Profit Margin (%)
2.11
1.95
0.27
-2.37
0.78
2.21
-0.98
3.39
5.58
3.28
-11.98
0.17
- -
- -
Working Capital
-370
-88
188
201
-165
-42
-95
-59
65
57
-83
-60
- -
-97
LT Debt
115
171
555
725
469
396
385
386
419
381
338
360
- -
330
Total Equity
347
522
483
397
406
611
578
625
727
768
619
659
- -
579
Return on Invested Capital (%)
5.34
3.32
0.04
- -
1.15
2.29
- -
- -
5.7
2.07
- -
0.56
- -
- -
Return on Capital (%)
5.66
4.76
0.87
- -
1.53
2.81
- -
- -
6.29
3.4
- -
0.22
- -
- -
Return on Common Equity (%)
10.84
9.09
1.05
-8.88
3.01
5.61
-1.82
6.31
13.06
6.53
-16.36
0.34
- -
- -

Capital Structure

TWD

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
ST Debt
560
568
563
LT Borrowings
325
315
294
LT Finance Leases
- -
44
37
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
599
576
462

Working Capital

TWD

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
Total Current Assets
876
774
736
Cash, Cash Equivalents & STI
277
350
365
Accounts Receivable, Net
392
244
194
Inventories
191
159
150
Total Current Liabilities
948
834
833
Payables & Accruals
- -
- -
- -
ST Debt
560
568
563
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,253
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Earnings Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.04
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

TWD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shih-Wei Chen
Full Time Employees
674
Sector
Consumer durables
Industry
Motor vehicles
Address
No. 9, Changping Road Taichung TX Taiwan 42850
IPO Date
Dec 8, 2014
Website
joy-tech.com.tw
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Business
Joy Industrial Co., Ltd. (4559.TWO) manufactures and sells bicycle components, specializing in hubs, wheels, and related parts for road bikes, mountain bikes, BMX bikes, and e-bikes; it also produces carbon fiber rims, gravel handlebars, gravel forks, quick releases, through axles, and other accessories under the Joytech, Novatec, and Novatec Premium brands. Founded in 1971 and headquartered in Taichung, Taiwan, the company engages in research, development, original design manufacturing (ODM), and export operations, holding approximately 10% of the global bicycle hub market and distributing products to over 50 countries including Europe, the United States, Japan, and Canada. It previously operated as Jiuyu Industry Co., Ltd. until changing its name in January 2010, and maintains a focus on high-end, professional-grade products alongside entry-level OEM services. The company advances smart manufacturing through automation, IoT, and AI integration to enhance production efficiency and quality, while committing to sustainability by joining the Bicycle Sustainability Alliance in 2022 and earning certifications such as ISO-14001, Taiwan Excellence Award, and National Brand Award. In recent developments, Joy Industrial emphasizes its core concepts of intelligent manufacturing, talent cultivation, and carbon rights initiatives to strengthen competitiveness amid industry challenges, with no major acquisitions, partnerships, or new product launches publicly reported in 2024 or 2025.