Redwood Group Ltd.

Redwood Group Ltd.

TTPEX:8426
20.25
TWD
-0.30
(-1.46%)
2.14EPS
9.39P/E
1.01BMarket 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
40.24
41.51
34.83
43.06
35.25
29.98
32.92
15.48
28.27
33.82
56.93
57.08
53.87
53.82
Basic EPS, GAAP
4.97
3.86
3.11
6.08
3.39
-0.49
0.59
-2.52
0.12
0.64
6.55
5.03
1.85
2.14
Free Cash Flow per Basic Share
4.27
1.6
6.03
6.57
-0.23
-0.06
-4.63
-3.16
-0.3
2.86
0.39
7.44
3.23
0.19
Dividend per Share
2.72
3.19
2.86
2.5
3.81
1.7
- -
- -
- -
- -
- -
2.5
2.5
- -
Book Value per Share
18.41
21.1
18.79
21.13
21.05
18.83
18.17
15.04
14.25
15.52
21.41
25.69
25.34
23.1
Tangible Book Value per Share
18.41
21.1
18.79
21.13
21.05
18.83
18.17
15.04
14.25
15.52
21.41
25.69
25.34
23.1
Basic Weighted Avg Shares
46
50
50
48
50
50
50
50
50
50
50
50
50
50
Sales/Revenue/Turnover
1,863
2,094
1,750
2,061
1,771
1,506
1,654
778
1,420
1,699
2,860
2,868
2,707
2,700
Operating Margin (%)
15.33
11.13
10.24
17.29
11.89
-1.6
3.12
-28.96
-2.17
3.01
14.95
12.55
6.6
6.39
Depreciation Expense
54
62
61
57
57
66
72
64
88
91
94
92
88
87
Net Income, GAAP
230
195
156
291
170
-24
30
-126
6
32
329
253
93
107
Effective Tax Rate (%)
20.9
15.66
18.97
21.46
18.68
- -
34.43
- -
- -
41.82
19.97
26.56
35.22
29.89
Profit Margin (%)
12.36
9.3
8.92
14.11
9.61
-1.63
1.8
-16.26
0.41
1.9
11.5
8.81
3.44
3.97
Working Capital
475
524
439
620
590
395
289
235
242
270
524
740
660
531
LT Debt
166
35
7
77
94
102
324
579
556
537
475
441
408
437
Total Equity
852
1,070
953
1,062
1,058
946
913
756
716
780
1,075
1,291
1,273
1,161
Return on Invested Capital (%)
21.72
16.88
12.71
23.96
13.55
- -
2.31
- -
- -
2.13
21.65
15
6.26
7.77
Return on Capital (%)
23.76
17.78
14.4
26.59
14.46
- -
2.7
- -
- -
3.02
22.18
15.34
5.75
7.54
Return on Common Equity (%)
28.34
20.26
15.43
28.87
16.06
-2.44
3.2
-15.15
0.79
4.32
35.47
21.36
7.26
9.85

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
102
68
69
LT Borrowings
408
453
437
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
50
50
50
Market Capitalization
1,387
1,276
1,007

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,511
1,282
1,207
Cash, Cash Equivalents & STI
504
433
321
Accounts Receivable, Net
391
359
319
Inventories
114
125
112
Total Current Liabilities
850
672
676
Payables & Accruals
- -
- -
- -
ST Debt
102
68
69
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4%
12.04%
-1.37%
Free Cash Flow
737.86%
104.43%
-56.56%
Net Income, GAAP
36.64%
236.49%
-63.2%
Sales/Revenue/Turnover
11.08%
33.05%
-5.62%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
602
532
730
1,003
2,868
2025
514
582
798
812
2,707
2026
563
527
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.69
0.22
1.09
3.02
5.03
2025
-0.65
-0.73
1.55
1.68
1.85
2026
-0.42
-0.68
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.5
2025
- -
- -
- -
- -
2.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sheng Chiang Li
Full Time Employees
1,252
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
One Nexus Way George Town GT Cayman Islands KY1-9005
IPO Date
May 30, 2011
Business
Redwood Group Ltd (8426.TWO) is a Cayman Islands-incorporated holding company that specializes in high-end interior fit-out, general construction, and facade works for luxury brand boutiques worldwide. Founded in 1992 through its Singapore-based subsidiary Redwood Interior Pte Ltd, the group designs, produces, and supplies bespoke interior fittings including millwork, metal and PVD finishes, glass and curved glass processing, veneer, LED and electrical components, paint coatings, acrylic, sofa and upholstery, solid surface and stone processing, carpentry joinery, craftsmanship, and packing services; it serves prestigious clients such as Bvlgari, Cartier, Coach, Gucci, Hermes, Louis Vuitton, Michael Kors, and Tiffany & Co. Headquartered at Room 1107, No. 205, Sec. 1, Dunhua S. Rd., Da'an Dist., Taipei City, Taiwan, with its registered office in Grand Cayman, the company operates subsidiaries across Asia (Singapore, Malaysia, China, South Korea, Japan, Vietnam, Philippines, India), Europe (France), and the United States, delivering projects in over 40 countries including the Middle East. In recent developments, Redwood established subsidiaries in Australia and India to expand regional presence and enhance one-stop services; it achieved record-high annual revenue and net profit in 2023 with NT$2.86 billion in sales and earnings per share of NT$6.55, alongside advancements in curved glass production, sustainable materials, greenhouse gas monitoring, and preparations for FSC certification on wood sourcing. The group continues to pursue automated manufacturing, merger and acquisition opportunities for operational complementarity, and growth in high-end decoration while targeting new luxury brand customers amid a projected 3.22% CAGR in the US$368.90 billion luxury goods market through 2028.