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
Cheng Fwa Industrial Co., Ltd.
TPEX:5426
(Taipei Exchange)

Recent

price

30.30

P/E

ratio

49.51

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
13.89
11.1
11.84
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
Revenue per Share
1.04
0.72
1.25
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
Basic EPS, GAAP
1.01
1.51
0.34
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
Free Cash Flow per Basic Share
1.78
0.92
0.64
1
1
1
0.6
1
- -
1
- -
- -
- -
0.2
- -
0.5
- -
Dividend per Share
14.23
14.33
14.82
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
Book Value per Share
13.99
14.09
14.61
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
Tangible Book Value per Share
139
141
144
144
144
144
144
144
144
144
144
144
144
144
144
144
144
Basic Weighted Avg Shares
1,937
1,570
1,701
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
Sales/Revenue/Turnover
13.14
6.72
11.9
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
Operating Margin (%)
53
62
56
57
74
60
53
55
53
71
75
88
70
74
80
81
76
Depreciation Expense
145
102
180
167
210
109
181
14
138
-23
-38
-89
163
7
142
74
91
Net Income, GAAP
22.45
21.3
19.99
21.07
17.33
31.14
20.01
24.64
37.2
- -
- -
- -
32.5
76.85
23.13
30.15
24.89
Effective Tax Rate (%)
7.46
6.52
10.56
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
Profit Margin (%)
1,114
1,118
1,161
1,226
1,209
1,130
1,235
1,076
1,086
843
758
709
948
963
1,187
1,029
996
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
19
- -
- -
- -
- -
- -
- -
LT Debt
2,145
2,167
2,257
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
Total Equity
8.34
3.62
6.92
5.57
5.44
3.6
6.4
2.44
3.51
- -
- -
- -
3.02
-0.2
0.9
2.22
2.52
Return on Invested Capital (%)
6.36
4.71
6.81
6.31
8.98
5.62
7.55
0.39
5.73
- -
- -
- -
6.89
0.33
6.5
3.19
4.11
Return on Capital (%)
6.85
4.99
8.57
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.