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  2. •

    Industrial services

  3. •

    Engineering & construction
Jiu Han System Technology Co Ltd

Jiu Han System Technology Co Ltd

TTPEX:6903
305.50
TWD
-10.50
(-3.32%)
21.84EPS
17.67P/E
25.55BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
27.51
61.86
47.18
77.84
47.33
45.06
54.27
98.98
Basic EPS, GAAP
5.21
10.91
10.65
21.5
13.54
9.28
10.62
21.96
Free Cash Flow per Basic Share
5.09
9.03
18.46
9.1
18.79
-8.61
11.6
12.95
Dividend per Share
0.24
2.41
6.57
7.35
11.3
9.65
8.03
- -
Book Value per Share
8.11
12.96
18.89
33.04
35.98
48.1
49.66
55.3
Tangible Book Value per Share
8.07
12.92
18.86
32.97
35.93
48.02
49.52
55.17
Basic Weighted Avg Shares
35
35
56
61
61
64
66
66
Sales/Revenue/Turnover
950
2,136
2,647
4,717
2,868
2,886
3,604
6,540
Operating Margin (%)
23.55
21.14
28.2
33.5
35.97
25.12
23.77
27.56
Depreciation Expense
6
5
5
7
8
7
8
7
Net Income, GAAP
180
377
597
1,303
820
594
706
1,451
Effective Tax Rate (%)
20.24
21.12
20.06
20.05
21.32
21.87
20.08
20.44
Profit Margin (%)
18.94
17.64
22.56
27.61
28.61
20.59
19.58
22.18
Working Capital
372
761
1,121
1,971
2,156
3,150
3,167
3,206
LT Debt
- -
1
8
5
1
- -
- -
- -
Total Equity
491
785
1,145
2,002
2,180
3,207
3,270
3,641
Return on Invested Capital (%)
- -
49.95
55.08
63.8
32.89
19.68
17.48
41.71
Return on Capital (%)
- -
59.04
61.58
72.67
35.58
20.94
18.45
44.64
Return on Common Equity (%)
- -
59.07
61.91
82.8
39.24
22.06
21.78
44.63

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
885
941
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
66
66
66
Market Capitalization
15,606
18,372
25,549

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,988
5,325
6,095
Cash, Cash Equivalents & STI
2,204
2,252
2,733
Accounts Receivable, Net
1,129
929
1,119
Inventories
- -
- -
- -
Total Current Liabilities
1,821
1,892
2,889
Payables & Accruals
- -
- -
- -
ST Debt
885
941
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
35.73%
1.95%
Free Cash Flow
- -
-19.3%
-239.77%
Net Income, GAAP
- -
26.14%
18.71%
Sales/Revenue/Turnover
- -
17.68%
24.87%
Total Cash Common Dividend
- -
78.97%
-13.7%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
810
938
575
564
2,886
2025
420
649
900
1,635
3,604
2026
1,926
2,079
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.19
2.93
1.68
1.6
9.28
2025
1
1.79
2.7
5.15
10.62
2026
6.72
7.42
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
9.65
2025
- -
- -
- -
- -
8.03
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jui Hung Lo
Full Time Employees
136
Sector
Industrial services
Industry
Engineering & construction
Address
No.324, Zhonghua Road Hsinchu HSZ Taiwan 300002
IPO Date
Jun 12, 2024
Website
jiuhan.com.tw
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Business
Jiu Han System Technology Co., Ltd. (6903.TWO) provides integrated engineering services focused on turnkey projects for high-tech industrial clean rooms, electromechanical systems, and air conditioning installations. The company offers central system air conditioning engineering; sanitary water supply, drainage, and gas engineering; fire engineering; clean room engineering; air conditioning constant temperature and humidity control; monitoring and automatic control systems; indoor and outdoor high- and low-voltage power distribution; process piping systems; interior decoration for high-tech facilities; water, electricity, and fire safety equipment installation; piping and instrumentation; and related materials procurement and maintenance services. It serves high-tech industries, traditional commercial buildings, and public works projects, primarily in Taiwan. Founded in 1989 and headquartered at No. 324, Section 1, Zhonghua Road, Hsinchu City, Taiwan, the company operates in the engineering and construction sector with approximately 83 employees. In recent developments, Jiu Han announced a share buyback program in 2024 to repurchase up to 1,000,000 shares, reflecting confidence in its financial position and strategy. Additionally, the company secured a contract as part of a consortium with Wei Shun Construction Co., Ltd. for Phase II of MPI Corporation's new factory plant, highlighting ongoing expansion in high-tech infrastructure projects. These initiatives support its growth amid strong profitability, with a reported profit margin of 18.33% for the fiscal year ending December 31, 2024.