1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Tong Yang Industry Co., Ltd.

Tong Yang Industry Co., Ltd.

TTWSE:1319
81.60
TWD
+0.50
(+0.62%)
6.18EPS
12.57P/E
45.78BMarket 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
33.25
35.74
37.97
40.88
41.34
38.9
36.54
29.29
31.08
35.98
40.34
43.27
42.43
39.19
Basic EPS, GAAP
2.28
1.54
2.87
4.08
3.96
3.26
3.36
1.39
1.16
3.64
5.1
7.4
6.43
6.16
Free Cash Flow per Basic Share
-0.38
-1.63
1
2.1
1.17
1.3
2.07
4.04
2.51
5.36
6.91
6.09
1.96
4.07
Dividend per Share
0.34
1.1
0.74
1.4
2.12
2.05
1.7
1.8
0.8
0.85
2.5
4
5.3
- -
Book Value per Share
28.02
28.62
30.64
32.47
34.46
35.42
37.15
36.64
36.58
40.15
43.03
46.68
47.45
45.7
Tangible Book Value per Share
26.55
27.03
28.71
30.75
32.58
33.51
34.42
34.21
34.45
38.67
42.03
45.96
46.44
44.7
Basic Weighted Avg Shares
590
591
591
591
591
591
591
591
591
591
591
591
591
592
Sales/Revenue/Turnover
19,616
21,142
22,456
24,181
24,453
23,007
21,614
17,323
18,380
21,283
23,859
25,596
25,094
23,203
Operating Margin (%)
7.1
5.15
8.26
11.57
10.22
8.04
10.01
3.19
2.89
9.11
15.83
18.83
18.35
15.36
Depreciation Expense
2,401
2,620
2,907
2,989
2,979
3,209
3,350
3,295
3,293
3,183
2,948
2,817
2,709
2,739
Net Income, GAAP
1,347
910
1,696
2,415
2,341
1,926
1,984
820
688
2,151
3,019
4,377
3,804
3,645
Effective Tax Rate (%)
17.65
20.62
17.24
19.43
20.29
20.05
21.3
16.07
16.94
21.67
20.06
19.43
18.55
19.34
Profit Margin (%)
6.87
4.3
7.55
9.99
9.57
8.37
9.18
4.73
3.74
10.11
12.66
17.1
15.16
15.71
Working Capital
1,904
1,514
1,338
1,032
1,626
1,550
1,217
1,771
1,736
3,097
5,054
6,221
6,235
4,975
LT Debt
5,095
6,507
6,381
6,100
6,919
6,888
5,816
5,967
4,594
1,856
1,459
2,407
2,224
2,097
Total Equity
17,843
17,963
19,130
20,152
21,336
21,873
22,739
22,359
22,268
24,265
25,912
28,156
28,685
27,630
Return on Invested Capital (%)
4.61
3.21
5.33
7.58
6.53
4.71
5.36
1.45
1.51
5.26
10.36
12.65
11.7
9.48
Return on Capital (%)
5.6
3.62
6.24
8.35
7.92
6.63
7.16
3.31
2.81
8.21
10.76
14.43
11.79
12.17
Return on Common Equity (%)
8.54
5.43
9.67
12.94
11.83
9.32
9.25
3.76
3.18
9.48
12.27
16.5
13.66
13.74

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
963
457
502
LT Borrowings
801
737
673
LT Finance Leases
1,423
1,426
1,425
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
591
591
591
Market Capitalization
57,373
47,673
45,780

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13,192
13,192
13,853
Cash, Cash Equivalents & STI
2,680
4,063
5,266
Accounts Receivable, Net
6,310
4,521
4,191
Inventories
3,179
3,341
3,454
Total Current Liabilities
6,958
5,670
8,878
Payables & Accruals
- -
- -
- -
ST Debt
963
457
502
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.19%
5.18%
1.88%
Free Cash Flow
25.62%
4.99%
-67.75%
Net Income, GAAP
23.5%
53.8%
-13.09%
Sales/Revenue/Turnover
1.63%
7.86%
-1.96%
Total Cash Common Dividend
36.34%
47.46%
32.5%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,174
6,186
6,315
6,921
25,596
2025
7,291
5,894
5,402
6,508
25,094
2026
5,631
5,663
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.98
1.76
1.49
2.17
7.4
2025
2.48
0.77
1.11
2.07
6.43
2026
1.62
1.36
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4
2025
- -
- -
- -
- -
5.3
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yung Hsiang Wu
Full Time Employees
8,506
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No. 98, Anhe Road Tainan TQ Taiwan 709401
IPO Date
Dec 12, 1994
Website
tyg.com.tw
Similar Companies
Bosch Limited (NSE:BOSCHLTD)
Sona BLW Precision Forgings Ltd. (NSE:SONACOMS)
Samvardhana Motherson International Limited (NSE:MOTHERSON)
Cummins India Limited (NSE:CUMMINSIND)
Exide Industries Limited (NSE:EXIDEIND)
Sumitomo Electric Industries, Ltd. (TSE:5802)
Business
Tong Yang Industry Co., Ltd. manufactures and sells automotive and motorcycle parts, components, and molds with operations spanning Taiwan, China, the United States, and other international markets. Founded in 1952 and headquartered at No. 98, Sec. 2, Anhe Road, Annan District, Tainan City, Taiwan, the company operates through two primary segments: Assembly Market, serving original equipment manufacturers, and Maintenance Market, targeting aftermarket repair needs; it produces plastic products including bumper covers, grilles, instrument panels, door trims, pillars, air spoilers, and radiator supports; sheet metal products such as fenders, hoods, doors, aprons, and steel bumpers; cooling system components like active grille shutters, aluminum radiators, condensers, and fan assemblies; molds via design, manufacture, maintenance, and trading; paints encompassing water-based varnishes, fine chemical raw materials, and coatings; steam locomotive parts; pollution prevention equipment; and provides ancillary services including product design, technology development, experimental testing, leasing, and service management. The company maintains 20 manufacturing plants worldwide with approximately 8,363 employees, advanced production techniques such as PU Forming, Powder Slush, SPM injection molding, Gas Assisted Injection, Vibration Welding, and water-based painting, and holds certifications like CAPA for the highest number of U.S. aftermarket products, TÜV Rheinland in Europe, ISO/TS 16949, ISO 14001, and ISO 45001. Recent developments include record-high consolidated revenue of NT$25.6 billion and net profit of NT$4.46 billion in 2024, driven by North American aftermarket growth from StateFarm utilization and organizational restructuring; leadership transition in December 2023 with Yeong-Maw Wu elected Chairman and Yung-Hsiang Wu as President; completion of Logistics Center III and purchase of 16,000 square meters of land in Tainan Technology Industrial Park; plant expansion planning with 50,000 square meters acquired in Qigu Technology Industrial Park and 159,000 square meters leased in Sinshih Industrial Park; construction commencement of Phase 5 of Distribution Center I; new subsidiaries established such as Faway Tong Yang (Anhui) and Faway Tong Yang (Shanghai) in 2022 for Volkswagen and U.S. EV makers; R&D advancements under the Luminous+ Project for illuminated components like 3D light-effect grilles and light-up bumpers, smart interiors including AI dashboards, touch panels, and ambient lighting; and focus on lightweighting, energy efficiency, and carbon reduction through plastic replacements for steel components.