I JANG INDUSTRIAL CO., LTD.

I JANG INDUSTRIAL CO., LTD.

TTPEX:8342
86.00
TWD
-0.70
(-0.81%)
7.65EPS
12.06P/E
3.06BMarket 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
47.91
48.95
55.31
65.61
48.54
43.69
38.02
46.7
49.13
50.76
42.69
52.02
48.95
50.22
Basic EPS, GAAP
3.21
2.65
4.13
6.54
2.29
3.43
3.05
5.63
3.73
6.53
4.71
7.64
5.97
7.56
Free Cash Flow per Basic Share
-3.35
2.89
2.4
10.63
-3.76
0.29
0.2
0.53
1.73
9.11
4.58
8.3
5.87
7.41
Dividend per Share
2
3
2.5
3.23
5.72
3
3.51
3.5
4
3.4
4.5
3.8
5
- -
Book Value per Share
16.5
16.29
17.72
23.29
22.17
22.56
22.13
24.15
23.61
26.33
26.77
30.86
31.76
30.54
Tangible Book Value per Share
16.47
16.27
17.71
23.21
22.11
22.48
22.07
24.12
23.59
26.31
26.58
30.68
31.56
30.32
Basic Weighted Avg Shares
27
27
27
30
30
33
33
34
34
34
34
34
34
34
Sales/Revenue/Turnover
1,270
1,301
1,468
1,952
1,479
1,450
1,273
1,566
1,648
1,702
1,432
1,745
1,642
1,684
Operating Margin (%)
6.18
4.88
8.3
11.82
8.49
7.18
8.04
9.12
9.56
8.61
11.41
13.44
13.05
12.93
Depreciation Expense
17
20
28
29
32
32
42
46
48
45
45
46
47
48
Net Income, GAAP
85
70
110
195
70
114
102
189
125
219
158
256
200
253
Effective Tax Rate (%)
11.09
10.28
15.98
17.15
16.26
18.7
12.56
11.11
17.08
16.46
18.73
15.92
19.41
18.1
Profit Margin (%)
6.7
5.41
7.47
9.97
4.72
7.84
8.03
12.05
7.59
12.86
11.04
14.69
12.19
15.04
Working Capital
88
-150
-98
64
61
-78
171
165
232
366
362
449
507
434
LT Debt
129
70
105
127
152
135
78
47
118
182
147
117
169
137
Total Equity
516
511
554
723
756
775
772
839
820
911
933
1,069
1,098
1,056
Return on Invested Capital (%)
- -
5.12
8.71
16.1
8.65
6.8
7.04
10.24
10.72
9.56
9.47
13.21
11.45
12.72
Return on Capital (%)
- -
6.84
9.84
16.91
5.92
9.32
7.9
15.28
10.31
17.44
12.03
18.05
14.03
18.64
Return on Common Equity (%)
- -
14.29
21.45
31.59
9.73
15.32
13.69
24.33
15.62
26.16
17.75
26.51
19.07
25.98

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
203
201
261
LT Borrowings
161
149
133
LT Finance Leases
7
6
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
34
34
Market Capitalization
2,814
2,958
3,055

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,020
994
1,108
Cash, Cash Equivalents & STI
550
527
626
Accounts Receivable, Net
219
169
214
Inventories
167
193
182
Total Current Liabilities
513
460
673
Payables & Accruals
- -
- -
- -
ST Debt
203
201
261
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.45%
5.71%
2.73%
Free Cash Flow
94.58%
131.2%
-29.36%
Net Income, GAAP
20.48%
10.75%
-21.87%
Sales/Revenue/Turnover
2.62%
1.72%
-5.89%
Total Cash Common Dividend
- -
9.53%
31.58%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
383
418
408
536
1,745
2025
370
406
398
467
1,642
2026
376
443
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.95
2.06
1.31
2.33
7.64
2025
1.6
0.75
1.67
1.95
5.97
2026
1.45
2.49
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.8
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ming Ho Chiu
Full Time Employees
5,471
Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
No. 4, Hsing Kung Road Changhua CHA Taiwan 523
IPO Date
Jun 3, 2016
Business
I Jang Industrial Co., Ltd. (8342.TWO) manufactures and sells metal commercial storage equipment, custom-made products, and household items worldwide; its core offerings encompass wire shelving systems including posts, light-duty screens, and heavy-duty screen series; commercial display equipment such as food service and restaurant solutions, logistics and warehouse racks, health care storage, store displays, and cold chain storage; customization series tailored to client specifications; and home furniture series featuring shelving, cabinets, drawers, kitchenware, bathroom series, desk series, cloth storage, multifunctional racks, worktables, mobile carts, baggage trolleys, hand trucks, platform hand trucks, and show racks. Founded in 1987 and headquartered at No. 4, Hsing Kung Road, Lun Chiao Village, Pitou Township, Changhua County, Taiwan, the company operates primarily from its production facilities in Taiwan, serving global markets in food service, retail display, cold chain, commercial, industrial, healthcare, logistics, warehouse, and home sectors with a focus on smart, modular, ergonomic, and durable storage solutions that enhance space utilization, productivity, and safety. In recent developments, I Jang achieved record-high profits in 2024 with EPS of 7.64 TWD and proposed a dividend of 5 TWD; it received the 2024 Harvard Business Review Digital Transformation Excellence Award and recognition as one of Taiwan's top 100 traditional industries for operational performance; earned ISO 14064 and ISO 14067 certifications in 2023; listed on the Taipei Exchange (TPEX) in 2017 after OTC listing that year; expanded production capacity by 100% in 2020 via intelligent automated packaging lines; invested in i-Torch Technology in 2019 for Industry 4.0 smart manufacturing; and partnered with Tunghai University in 2018 for AI manufacturing and smart shelf co-development.