1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Cheng Fwa Industrial Co., Ltd.

Cheng Fwa Industrial Co., Ltd.

TTPEX:5426
30.30
TWD
+2.05
(+7.26%)
0.63EPS
49.51P/E
4.50BMarket 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
11.14
12.9
11.23
12.12
11.5
12.71
9.71
10.64
11.57
14.38
9.79
10.45
12.23
13.05
Basic EPS, GAAP
1.16
1.46
0.76
1.26
0.1
0.96
-0.16
-0.26
-0.62
1.13
0.05
0.99
0.52
0.63
Free Cash Flow per Basic Share
1.37
1.52
0.94
1.37
-0.2
0.24
0.25
-0.54
-1.16
1.3
1.98
-0.08
-0.42
-1.44
Dividend per Share
1
1
1
0.6
1
- -
1
- -
- -
- -
0.2
- -
0.5
- -
Book Value per Share
15.25
15.9
15.5
15.66
14.64
15.5
14.09
13.79
13.2
14.56
14.34
15.81
15.65
15.99
Tangible Book Value per Share
14.85
15.62
15.24
15.46
14.47
15.34
13.91
13.61
13.05
14.39
14.16
15.7
15.57
15.91
Basic Weighted Avg Shares
144
144
144
144
144
144
144
144
144
144
144
144
144
144
Sales/Revenue/Turnover
1,603
1,855
1,615
1,743
1,653
1,828
1,396
1,531
1,664
2,068
1,408
1,503
1,758
1,875
Operating Margin (%)
10.82
8.92
8.03
11.18
5.01
7.75
-1.58
-0.91
-5.22
5.22
-1.56
1.63
4.24
4.2
Depreciation Expense
57
74
60
53
55
53
71
75
88
70
74
80
81
76
Net Income, GAAP
167
210
109
181
14
138
-23
-38
-89
163
7
142
74
91
Effective Tax Rate (%)
21.07
17.33
31.14
20.01
24.64
37.2
- -
- -
- -
32.5
76.85
23.13
30.15
24.89
Profit Margin (%)
10.44
11.34
6.74
10.39
0.85
7.53
-1.63
-2.46
-5.33
7.89
0.53
9.46
4.22
4.84
Working Capital
1,226
1,209
1,130
1,235
1,076
1,086
843
758
709
948
963
1,187
1,029
996
LT Debt
- -
- -
- -
- -
- -
- -
- -
19
- -
- -
- -
- -
- -
- -
Total Equity
2,334
2,362
2,287
2,322
2,183
2,300
2,099
1,997
1,901
2,099
2,068
2,279
2,255
2,303
Return on Invested Capital (%)
5.57
5.44
3.6
6.4
2.44
3.51
- -
- -
- -
3.02
-0.2
0.9
2.22
2.52
Return on Capital (%)
6.31
8.98
5.62
7.55
0.39
5.73
- -
- -
- -
6.89
0.33
6.5
3.19
4.11
Return on Common Equity (%)
7.74
9.39
4.82
8.08
0.64
6.35
-1.07
-1.88
-4.57
8.18
0.36
6.55
3.28
4.11

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
205
64
76
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
144
144
144
Market Capitalization
2,833
2,768
4,501

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,759
1,610
1,628
Cash, Cash Equivalents & STI
960
758
733
Accounts Receivable, Net
531
572
578
Inventories
232
243
273
Total Current Liabilities
730
529
631
Payables & Accruals
- -
- -
- -
ST Debt
205
64
76
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.06%
2.66%
-1.05%
Free Cash Flow
-35.65%
49.2%
395.73%
Net Income, GAAP
232.09%
302.67%
-47.72%
Sales/Revenue/Turnover
2.42%
4.96%
17.01%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
298
348
368
489
1,503
2025
471
416
439
432
1,758
2026
500
504
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.04
0.57
0.32
0.99
2025
0.4
-0.12
0.11
0.12
0.52
2026
0.28
0.12
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tsung Hsun Tsai
Full Time Employees
816
Sector
Producer manufacturing
Industry
Metal fabrication
Address
25, Kuang Fu Road New Taipei TP Taiwan 241
IPO Date
Feb 9, 2000
Website
chengfwa.com.tw
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Business
Cheng Fwa Industrial Co., Ltd. (5426.TWO) manufactures and sells precision metal stamping parts and mechanical components for automotive, electronics, and consumer product applications. The company produces a range of products including automotive chassis components, such as control arms and stabilizer links; electronic connectors and terminals; and precision stamped metal parts for appliances and machinery, offered under its own brand with capabilities in tool and die design, progressive die stamping, and secondary processing like welding and assembly. Cheng Fwa serves original equipment manufacturers (OEMs) in the automotive and electronics industries, with primary operations in Taiwan and export markets across Asia, North America, and Europe. Founded in 1976 and headquartered in Taoyuan, Taiwan, the company operates through manufacturing facilities primarily in Taiwan, focusing on high-volume production of custom metal components for Tier 1 suppliers. It maintains a vertically integrated model encompassing design, prototyping, mass production, and quality assurance services. In recent developments, Cheng Fwa expanded its automotive segment through a strategic partnership with a major electric vehicle (EV) battery component supplier in 2024, enabling entry into the EV structural parts market. The company also completed a NT$500 million funding round in late 2024 to upgrade automation in its Taoyuan plant, supporting increased production capacity for semiconductor equipment parts amid global chip demand growth. Additionally, Cheng Fwa launched a new line of lightweight aluminum-stamped components for hybrid vehicles in early 2025, aligning with industry shifts toward electrification and sustainability.