Chia Hsin Cement Corporation

Chia Hsin Cement Corporation

TTWSE:1103
13.60
TWD
+0.25
(+1.87%)
1.46EPS
9.38P/E
9.40BMarket Cap
Nov 06Next Earn
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
6.49
5.98
4.3
4.78
3.17
3.19
2.87
3.14
3.38
3.42
4.42
4.53
4.57
4.32
Basic EPS, GAAP
1.93
0.02
0.34
0.04
1.36
1.07
1.98
2.69
1
-0.27
0.12
0.48
0.84
1.43
Free Cash Flow per Basic Share
-1.53
0.39
0.31
0.29
0.43
-1.88
-4.94
-0.34
-0.46
-0.66
-0.19
0.54
0.16
-0.6
Dividend per Share
0.05
1.05
0.3
0.1
0.2
0.5
1.01
1.01
1.41
0.65
0.3
0.51
0.56
- -
Book Value per Share
28.98
26.35
18.85
21.49
26.68
29.1
34.71
36.87
37.98
32.31
32.91
31.62
27.53
26.67
Tangible Book Value per Share
28.98
26.35
18.85
21.49
26.68
29.1
34.7
36.86
37.97
32.3
32.9
31.62
27.53
26.67
Basic Weighted Avg Shares
658
659
658
656
656
656
657
656
657
659
659
659
659
660
Sales/Revenue/Turnover
4,268
3,938
2,827
3,140
2,083
2,092
1,884
2,058
2,220
2,254
2,912
2,985
3,015
2,850
Operating Margin (%)
9.75
-6.57
14.47
-14.57
-3.07
-4.91
-23.12
39.97
-23.68
-17.53
-5.03
-5.11
-2.67
-2.21
Depreciation Expense
405
378
343
329
357
249
319
573
527
497
459
448
463
442
Net Income, GAAP
1,272
16
222
25
895
700
1,297
1,764
658
-181
81
320
556
942
Effective Tax Rate (%)
3.65
- -
- -
87.61
8.43
40.5
16.97
12.8
8.78
- -
- -
12.54
- -
3.1
Profit Margin (%)
29.8
0.42
7.84
0.79
42.97
33.44
68.87
85.71
29.63
-8.02
2.78
10.7
18.45
33.06
Working Capital
10,283
9,512
9,157
7,462
6,789
7,956
6,957
8,684
8,367
6,964
7,247
6,923
5,692
5,693
LT Debt
6,529
9,097
10,116
6,786
5,186
6,090
9,291
10,495
9,508
8,954
8,739
8,572
8,360
9,128
Total Equity
21,498
19,282
14,046
15,813
19,261
20,920
23,676
25,017
25,910
21,999
22,419
21,590
18,723
18,791
Return on Invested Capital (%)
1.41
- -
- -
-0.23
-0.23
-0.22
-1.15
1.99
-1.27
- -
- -
-0.4
- -
-0.2
Return on Capital (%)
5
- -
- -
0.26
3.59
2.48
4.11
5.09
1.89
- -
- -
1.48
- -
3.78
Return on Common Equity (%)
7.67
0.09
1.49
0.19
5.66
3.83
6.2
7.51
2.67
-0.78
0.38
1.5
2.85
5.15

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,080
3,399
3,071
LT Borrowings
6,541
6,393
7,362
LT Finance Leases
1,820
1,799
1,765
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
659
659
701
Market Capitalization
9,190
8,893
9,399

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,278
9,363
9,690
Cash, Cash Equivalents & STI
8,631
8,851
9,101
Accounts Receivable, Net
141
116
114
Inventories
205
152
128
Total Current Liabilities
3,586
3,870
3,997
Payables & Accruals
- -
- -
- -
ST Debt
3,080
3,399
3,071
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.52%
-5.32%
-13.28%
Free Cash Flow
-86.78%
-89.34%
-69.97%
Net Income, GAAP
354.07%
6.63%
74.06%
Sales/Revenue/Turnover
1.93%
8.42%
1%
Total Cash Common Dividend
29.78%
2.58%
10.2%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
699
738
776
772
2,985
2025
752
769
724
771
3,015
2026
688
667
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.11
0.74
-0.3
0.48
2025
0.13
-0.44
1.04
0.12
0.84
2026
0.08
0.19
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.51
2025
- -
- -
- -
- -
0.56
2026
- -
- -
- -
- -
- -

Company Description

CEO
Li Shin Wang
Full Time Employees
426
Sector
Non-energy minerals
Industry
Construction materials
Address
No.96, Zhongshan North Road Taipei TP Taiwan 104
IPO Date
Nov 14, 1969
Business
Chia Hsin Cement Corporation (1103:TT) engages in the production and sale of cement and ready-mixed concrete in Taiwan. The company offers Portland cement, including Type I, Type II, Type V, and high-early-strength varieties; blast-furnace slag cement; pozzolan cement; ready-mixed concrete products such as high-strength, self-compacting, and lightweight concrete; and supplementary materials like fly ash and ground granulated blast-furnace slag. It also provides construction services, including foundation engineering, piling, and precast concrete elements, primarily serving the domestic construction and infrastructure sectors. Founded in 1947 and headquartered in Taipei, Taiwan, Chia Hsin Cement operates production facilities across northern, central, and southern Taiwan, with distribution networks supporting major urban development projects. The company maintains subsidiaries focused on ready-mix operations and material trading, targeting government infrastructure, residential, and commercial real estate markets. In recent developments, Chia Hsin Cement expanded its sustainable production capabilities through adoption of low-carbon technologies and increased use of alternative fuels in 2024. The company formed strategic partnerships with regional steel producers to secure slag supplies amid rising demand, and announced a NT$2.5 billion investment in plant upgrades for higher efficiency. No major acquisitions or name changes were reported in the last two years, with focus remaining on operational enhancements to meet Taiwan's green building standards.