United Recommend International Co., Ltd.

United Recommend International Co., Ltd.

TTPEX:5321
56.40
TWD
-0.10
(-0.18%)
-3.06EPS
3.35BMarket 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
15.13
24.97
25.38
21.81
18.07
23.18
30.14
39.26
58.91
59.67
66
63.61
53.44
47.23
Basic EPS, GAAP
1.22
0.94
0.67
1.03
-1.54
1.42
0.97
-2.45
2.35
3.48
1.66
0.03
-0.27
-3.28
Free Cash Flow per Basic Share
-1.28
-1
3.18
0.84
0.76
0.65
1.68
1.08
1.94
0.37
2.04
-6.01
3.57
3.78
Dividend per Share
- -
- -
- -
- -
- -
- -
0.18
0.18
0.34
1.3
1.55
0.78
0.34
0.2
Book Value per Share
5.73
6.7
7.36
8.37
6.86
8.03
9.67
7.77
9.79
13.04
14.15
14.53
14.25
14.98
Tangible Book Value per Share
5
5.98
6.63
7.64
6.14
4.48
2.78
3.18
5.42
8.97
10.9
11.46
11.32
12.24
Basic Weighted Avg Shares
44
44
44
44
44
44
45
53
46
53
49
53
53
53
Sales/Revenue/Turnover
663
1,094
1,111
955
791
1,015
1,366
2,077
2,724
3,173
3,265
3,383
2,842
2,519
Operating Margin (%)
-18.32
1.69
3.24
6.37
1.62
6.01
6.3
-1.06
7.64
7.85
5.18
3.67
4.49
0.42
Depreciation Expense
103
42
42
40
37
34
45
77
88
103
147
290
382
400
Net Income, GAAP
53
41
29
45
-67
62
44
-130
109
185
82
2
-14
-175
Effective Tax Rate (%)
33.18
24.38
36.28
25.15
- -
19
7.6
- -
18.79
14.97
25.15
51.06
72.03
- -
Profit Margin (%)
8.05
3.77
2.64
4.74
-8.5
6.14
3.21
-6.25
3.99
5.83
2.52
0.05
-0.51
-6.95
Working Capital
-124
20
60
136
144
299
292
-74
-126
-251
-162
-237
-508
-503
LT Debt
- -
1
- -
- -
- -
242
587
595
592
557
1,448
1,697
1,990
2,039
Total Equity
256
296
325
370
300
506
867
579
749
947
870
881
841
843
Return on Invested Capital (%)
-9.45
3.72
5.7
11.77
- -
7.45
5.52
- -
7.42
8.11
3.95
1.62
0.85
- -
Return on Capital (%)
7.38
11.39
7.74
12.1
- -
9.69
2.87
- -
2.18
5.46
2.64
0.3
-0.3
- -
Return on Common Equity (%)
24.29
15.16
9.53
13.15
-20.17
19.11
10.76
-29.56
23.26
30.46
11.38
0.21
-1.88
-22.24

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,696
1,564
1,490
LT Borrowings
831
785
740
LT Finance Leases
1,158
1,107
1,300
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
53
Market Capitalization
1,922
1,279
3,345

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,659
1,351
1,395
Cash, Cash Equivalents & STI
683
430
444
Accounts Receivable, Net
119
87
123
Inventories
473
439
436
Total Current Liabilities
2,167
1,904
1,899
Payables & Accruals
- -
- -
- -
ST Debt
1,696
1,564
1,490
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.59%
8.89%
-4.51%
Free Cash Flow
-13.64%
-36.06%
-159.37%
Net Income, GAAP
-208.16%
-253.98%
-1,002.89%
Sales/Revenue/Turnover
12.19%
7.63%
-15.99%
Total Cash Common Dividend
- -
61.36%
-56.21%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
711
887
903
882
3,383
2025
734
694
704
710
2,842
2026
569
536
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.77
- -
0.2
0.55
0.03
2025
0.06
0.02
- -
-0.36
-0.27
2026
-2.37
-0.56
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
- -
0.26
0.29
0.78
2025
- -
- -
0.01
0.19
0.34
2026
- -
- -
- -
- -
- -

Company Description

CEO
Cheng Hao Liao
Full Time Employees
446
Sector
Retail trade
Industry
Internet retail
Address
No. 8, Nangang Road Taoyuan TP Taiwan 115
IPO Date
Dec 30, 1996
Website
bfhdi.com
Business
United Recommend International Co., Ltd. engages primarily in the garment industry and operates as an e-commerce company specializing in women's clothing. Its core business includes wholesale and retail of fabrics, clothing, shoes, hats, umbrellas, and apparel. The company also operates several e-commerce brands such as YuYu Active, Mouggan, WEAR to EAT, Chenn Chenn, and An'Q. Beyond apparel, United Recommend is involved in the design, development, manufacture, processing, and trading of printed circuit boards, with a focus on flexible printed circuit boards. The company distributes its products mainly in Taiwan and other Asian markets. Founded in Taiwan, United Recommend International Co., Ltd. combines its apparel and electronics manufacturing operations under one corporate structure. In terms of recent developments, within the last 1-2 years, the company has maintained a dual focus on expanding its e-commerce presence and electronics manufacturing capabilities, operating both non-store retailing and wholesale channels. There is no report of major acquisitions or strategic rebranding, but the company has continued to grow its e-commerce brand portfolio while sustaining its electronics manufacturing segment. The company remains headquartered in Taiwan and serves the broader Asia market. United Recommend is positioned in the textile and apparel industry with a significant footprint in electronic manufacturing services. Its product range spans women's clothing and accessories through e-commerce platforms supplemented by printed circuit board production. Recent operational focus includes strengthening its e-commerce brand lineup and sustaining growth in its electronic component manufacturing. This diversification supports the company’s strategic intent to serve both consumer apparel customers and industrial electronics markets. Overall, United Recommend International Co., Ltd. operates as an integrated manufacturer and retailer in apparel and electronic manufacturing sectors, serving Taiwan and Asia with an emphasis on e-commerce driven retail and flexible printed circuit board products. The company continues to leverage its diversified product portfolio and e-commerce brands to drive growth. This description reflects data gathered from the latest available sources as of 2025. United Recommend International Co., Ltd. is listed on the Taiwan Stock Exchange under ticker 5321.TWO.