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    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
Jiu Han System Technology Co Ltd
TPEX:6903
(Taipei Exchange)

Recent

price

305.50

P/E

ratio

17.67

div

yld

- -

ROIC.AI

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

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
- -
- -
- -
- -
- -
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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.