Golden Win International CORP

Golden Win International CORP

TTPEX:4950
15.90
TWD
-0.10
(-0.62%)
1.28EPS
20.33P/E
923.67MMarket 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
27.24
5.71
6.33
11.53
6.2
3.72
3.9
2.22
9.61
2.29
1.42
11.56
17.61
19.5
Basic EPS, GAAP
-5.83
6.28
0.25
3.04
-3.63
-2.46
-8.18
-4.18
0.49
-1.38
-4.05
-2.27
-0.36
0.79
Free Cash Flow per Basic Share
-0.43
0.52
-0.28
-2.17
-5.69
-3.24
-1.62
-0.09
-3.4
2.02
-3.07
1.42
1.91
-1.09
Dividend per Share
- -
- -
0.54
0.51
1.03
- -
- -
- -
- -
- -
- -
- -
1.04
- -
Book Value per Share
17.23
22.23
20.78
26.54
23.18
18.48
11.16
6.9
7.54
6.15
2.15
3.87
9.01
9.6
Tangible Book Value per Share
16.96
18.39
15.99
21.59
18.08
14
11.05
6.89
7.51
6.12
2.12
3.87
9.01
9.6
Basic Weighted Avg Shares
75
69
53
48
47
46
46
46
46
47
47
30
58
58
Sales/Revenue/Turnover
2,046
394
336
556
288
170
178
102
445
107
67
348
1,017
1,128
Operating Margin (%)
-8.99
-33.26
-8.86
-14.53
-55.33
-97.46
-91.11
-55.74
3.07
-64.97
-246.9
-15.51
4.46
7.93
Depreciation Expense
266
79
22
21
18
26
47
21
18
25
33
22
13
11
Net Income, GAAP
-438
433
13
146
-169
-112
-375
-191
22
-64
-189
-68
-21
46
Effective Tax Rate (%)
- -
- -
56.43
21.23
- -
- -
- -
- -
3.09
- -
- -
- -
69.35
24.93
Profit Margin (%)
-21.41
110.07
3.91
26.33
-58.59
-65.94
-209.96
-188.51
5.06
-60.04
-284.77
-19.62
-2.03
4.04
Working Capital
1,082
1,186
678
937
757
560
479
301
314
240
26
443
336
368
LT Debt
- -
- -
- -
- -
1
- -
2
7
4
2
12
1
2
21
Total Equity
1,324
1,413
1,030
1,271
1,061
846
511
316
352
287
100
927
707
759
Return on Invested Capital (%)
- -
- -
-0.64
-3.19
- -
- -
- -
- -
2.91
- -
- -
- -
1.15
6.45
Return on Capital (%)
- -
- -
0.93
7.8
- -
- -
- -
- -
6.74
- -
- -
- -
-4.41
2.05
Return on Common Equity (%)
-28.38
31.67
1.08
12.72
-14.48
-11.79
-55.21
-46.31
6.73
-20.13
-97.74
-20.44
-3.79
8.56

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
178
240
333
LT Borrowings
- -
- -
- -
LT Finance Leases
2
22
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58
58
58
Market Capitalization
1,051
840
924

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
719
799
901
Cash, Cash Equivalents & STI
117
139
142
Accounts Receivable, Net
209
205
269
Inventories
321
368
381
Total Current Liabilities
383
460
533
Payables & Accruals
- -
- -
- -
ST Debt
178
240
333
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
63.7%
145.65%
-23.76%
Free Cash Flow
385.76%
656.5%
158.19%
Net Income, GAAP
51.18%
-87.5%
-69.79%
Sales/Revenue/Turnover
77.77%
167.93%
191.86%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
8
89
338
348
2025
244
285
240
248
1,017
2026
269
371
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.43
-0.12
-0.16
-0.34
-2.27
2025
-0.59
0.08
0.07
0.07
-0.36
2026
0.2
0.44
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
1.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sheng Lien Yo
Full Time Employees
80
Sector
Consumer durables
Industry
Home furnishings
Address
No. 408, Ruiguang Road Taipei TP Taiwan 736
IPO Date
Jun 29, 2010
Business
Golden Win International Corp (4950.TWO), formerly known as Mutto Optronics Corp, manufactures and sells stainless steel kitchen cutlery and related products; its core offerings include exquisite kitchen knives, table knives, and refined cutlery sets produced through advanced forging processes such as hot forging and vacuum oil quenching heat treatment; through its subsidiary Gold Win Steel Industrial Corp and grandson company Nantong Sihai Stainless Steel Products Co Ltd, the company provides OEM and ODM services for major knife brands, alongside the "Wang Da Chu" brand for global markets and the "Hidden House" brand launched in Taiwan; it also maintains a presence in optoelectronics with high-brightness full-laminated touch display panels, various touch modules (GG/GF/MM TPM), medium-to-large size touch displays (20-40 inches), and specialized high-brightness, waterproof, weather-resistant, corrosion-resistant display products; additionally, it offers touch display accessories, components, and hard disk repair services. The company operates primarily in the consumer cyclicals sector, focusing on household goods, appliances, tools, and housewares, particularly cutlery and flatware; it serves OEM/ODM clients and end consumers in target markets including kitchenware brands and households; geographic operations span Taiwan, the United States, China (including Hong Kong), Vietnam, Europe, and other regions, with significant sales contributions from subsidiaries in these areas. Founded in 2008 and headquartered at 8F, No. 109, Section 4, Ren'ai Road, Taipei, Taiwan, the company shifted its main business in 2014 from optoelectronics to stainless steel products manufacturing and sales; in December 2020, it re-entered the optoelectronics market amid changing conditions, emphasizing high-brightness specialty applications; recent developments include strong 2024 sales growth from Gold Win Steel Industrial Corp at TWD 318 million and overall revenue distribution across stainless steel and other segments, alongside Q2 2025 earnings reporting reflecting ongoing operational adjustments.