1. Taiwan Stocks

  2. •

    Commercial services

  3. •

    Miscellaneous commercial services
Sincere Security Corp. Ltd.

Sincere Security Corp. Ltd.

TTPEX:6721
47.80
TWD
+0.15
(+0.31%)
5.01EPS
11.06P/E
1.25BMarket Cap
Sincere Security Corp. Ltd.
TPEX:6721
(Taipei Exchange)

Recent

price

47.80

P/E

ratio

11.06

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
96.5
96.88
94.11
102.88
109.74
116.35
131.26
146.07
159.58
163.3
Revenue per Share
3.88
3.57
2.92
5.42
5.39
2.94
3.3
4.35
4.61
5.02
Basic EPS, GAAP
1.88
3.48
0.63
4.46
2.1
0.06
3.18
5.94
2.7
4.11
Free Cash Flow per Basic Share
0.63
1.5
3.01
2.38
3.96
3.52
2.38
2.57
2.97
- -
Dividend per Share
11.84
13.71
16.89
19.93
21.36
24.68
25.61
27.38
29.02
28.91
Book Value per Share
11.84
13.71
16.89
19.93
21.36
24.68
25.61
27.38
29.02
28.91
Tangible Book Value per Share
17
18
20
20
20
23
23
23
23
23
Basic Weighted Avg Shares
1,593
1,773
1,876
2,078
2,217
2,644
2,983
3,320
3,627
3,703
Sales/Revenue/Turnover
3.65
3.67
3.19
6.65
5.56
2.78
2.4
2.92
3.45
3.82
Operating Margin (%)
8
11
13
18
20
22
22
21
23
23
Depreciation Expense
64
65
58
109
109
67
75
99
105
114
Net Income, GAAP
17.04
20.86
20.3
20.54
20.61
20.45
20.49
20.41
20.21
20.75
Effective Tax Rate (%)
4.02
3.68
3.1
5.27
4.91
2.52
2.51
2.98
2.89
3.07
Profit Margin (%)
162
210
237
282
295
441
470
489
527
508
Working Capital
46
14
39
26
70
47
44
44
40
38
LT Debt
239
277
341
403
431
561
582
622
659
655
Total Equity
- -
13.48
11.46
22.06
19.27
9.65
8.23
10.93
13.93
15.62
Return on Invested Capital (%)
- -
18.12
14.21
23.64
21.64
11.58
11.22
14.58
15.04
16.36
Return on Capital (%)
- -
25.31
18.83
29.43
26.11
13.45
13.12
16.42
16.34
18.04
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
37
96
56
LT Borrowings
38
38
37
LT Finance Leases
1
- -
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
1,375
1,334
1,249

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,067
1,022
1,011
Cash, Cash Equivalents & STI
422
319
352
Accounts Receivable, Net
615
682
636
Inventories
- -
- -
- -
Total Current Liabilities
540
459
503
Payables & Accruals
- -
- -
- -
ST Debt
37
96
56
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10.77%
5.98%
Free Cash Flow
- -
1,001.26%
-54.51%
Net Income, GAAP
- -
2.18%
5.95%
Sales/Revenue/Turnover
- -
11.86%
9.25%
Total Cash Common Dividend
- -
- -
15.38%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
794
834
826
866
3,320
2025
869
891
919
948
3,627
2026
924
912
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.78
1.26
1.42
0.9
4.35
2025
1.36
1.11
1.42
0.74
4.61
2026
1.47
1.4
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.57
2025
- -
- -
- -
- -
2.97
2026
- -
- -
- -
- -
- -
Similar Companies
PayPal Holdings, Inc. (NASDAQ:PYPL)
Shopify Inc. (NASDAQ:SHOP)
Greenland Mines Ltd (NASDAQ:GRML)
Block, Inc. (NYSE:XYZ)
Netcapital Inc. (NASDAQ:NCPL)
Shopify, Inc. Class A (TSX:SHOP)
Business
Sincere Security Corp. Ltd. Sincere Security Corp. Ltd. (6721.TWO), founded in 1997 and headquartered in Zhubei, Taiwan, together with its subsidiaries engages in specialty business services focused on property management, cleaning, security, and mechanical and electrical maintenance across Taiwan. The company provides integrated building management services; cleaning solutions including contracts for major transportation hubs such as Taoyuan International Airport, high-speed rail stations from Taoyuan to Zuoying, and Taipei Metro stations; security services; fire safety equipment installation and maintenance; electrical air-conditioning systems; and elderly housing residential properties with nursing care. It serves commercial and residential clients, including science parks and urban infrastructure, emphasizing AI-driven innovations like smart restrooms, floor-cleaning robots, weeding robots, and UV disinfection robots alongside cloud-based customer feedback systems. In recent developments, Sincere Security Corp. Ltd. maintains steady revenue growth amid challenges like the COVID-19 pandemic, with third-quarter 2025 sales reaching TWD 918.7 million, up from TWD 825.66 million year-over-year, and nine-month net income rising to TWD 88 million; the company issued its 2024 sustainability report and continues expanding service blocks across Taiwan's rail networks while advancing smart technology integrations for operational efficiency.