1. Taiwan Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
Universal Incorporation

Universal Incorporation

TTWSE:1325
26.85
TWD
-0.50
(-1.83%)
-0.45EPS
2.06BMarket 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
12.73
14.1
13.01
10.26
10.15
10.72
9.06
47.57
13.97
6.5
4.76
3.72
3.41
3.03
Basic EPS, GAAP
0.85
0.69
1.17
1.16
0.51
0.7
0.43
23.16
3.26
0.19
0.21
-0.6
-0.7
-0.41
Free Cash Flow per Basic Share
0.63
0.33
3.03
1.4
1.32
0.09
-0.62
24.96
-1.14
0.73
1.13
0.32
-0.32
-0.12
Dividend per Share
0.53
0.77
0.53
0.73
0.8
0.35
0.5
0.3
12
2
0.5
0.6
0.3
- -
Book Value per Share
21.12
21.2
21.76
20.23
19.88
20.14
19.97
43.72
34.57
32.6
32.45
31.39
30.36
30.17
Tangible Book Value per Share
21.12
21.2
21.76
20.23
19.88
20.14
19.97
43.72
34.57
32.6
32.45
31.39
30.36
30.17
Basic Weighted Avg Shares
86
85
85
97
85
85
85
85
85
85
85
85
85
82
Sales/Revenue/Turnover
1,089
1,205
1,110
990
865
914
773
4,057
1,191
554
406
317
291
248
Operating Margin (%)
5.9
2.41
9.14
13.61
7.56
5.34
4.34
62.23
31.07
-0.91
-11.94
-25.19
-32.47
-43.37
Depreciation Expense
72
70
72
66
63
56
48
60
63
62
60
60
59
58
Net Income, GAAP
72
59
100
112
44
60
36
1,975
278
17
18
-52
-60
-34
Effective Tax Rate (%)
19.1
20.53
19.13
18.19
24.94
18.29
21.1
20.42
28.76
34.05
38.65
- -
- -
- -
Profit Margin (%)
6.65
4.88
9.01
11.28
5.03
6.55
4.69
48.68
23.37
2.99
4.38
-16.24
-20.48
-13.65
Working Capital
977
979
1,062
969
971
976
840
2,557
1,798
1,678
1,692
1,683
1,620
1,612
LT Debt
3
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1,913
1,912
1,951
1,808
1,768
1,786
1,764
3,830
3,049
2,879
2,860
2,759
2,666
2,652
Return on Invested Capital (%)
2.72
1.2
4.22
5.82
2.73
2.24
1.49
66.36
7.15
-0.11
-1.03
- -
- -
- -
Return on Capital (%)
3.85
3.19
5.27
5.96
2.65
3.37
2.13
69.2
8.12
0.66
0.79
- -
- -
- -
Return on Common Equity (%)
4.06
3.25
5.46
6.24
2.54
3.51
2.12
72.72
8.34
0.58
0.64
-1.89
-2.26
-1.32

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
85
85
85
Market Capitalization
2,554
2,324
2,064

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,664
1,666
1,646
Cash, Cash Equivalents & STI
1,526
1,529
1,496
Accounts Receivable, Net
45
38
44
Inventories
77
83
88
Total Current Liabilities
44
37
34
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.38%
-6.71%
-3.38%
Free Cash Flow
-555.75%
-96.79%
-200.02%
Net Income, GAAP
474.99%
-109.52%
15.57%
Sales/Revenue/Turnover
21.08%
-36.2%
-8.34%
Total Cash Common Dividend
371.1%
742.34%
-50%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
96
77
71
73
317
2025
82
84
62
63
291
2026
57
66
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
-0.07
-0.22
-0.47
-0.6
2025
-0.02
-0.58
-0.05
-0.05
-0.7
2026
-0.08
-0.22
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.6
2025
- -
- -
- -
- -
0.3
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mei Hui Huang
Full Time Employees
11,544
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
No. 372, Linsen North Road Taipei TP Taiwan 104
IPO Date
Mar 29, 1999
Website
uk.com.tw
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Business
Universal Incorporation (1325.TW) manufactures and sells nonwoven fabrics for hygiene, medical, industrial, and agricultural applications. The company produces spunbond nonwoven fabrics; meltblown fabrics for filtration, insulators, and absorbents; SMS and SMMS composite fabrics; and medical face masks, including in-line and post-treatment products such as non-woven and film laminations, ultrasonic bonding, coatings, and printings. It serves markets including baby diapers, training pants, adult incontinence products, sanitary pads, surgical gowns, drapes, isolation gowns, caps, shoe covers, suit covers, car covers, rice seeding protection, jacket filters, and snow boot filters with CNS 14774 filtration efficiency over 99%. Founded in 1962 and headquartered at 10F, No. 372, Linsen North Road, Taipei City, Taiwan, Universal Incorporation operates through subsidiaries with sales in Taiwan, the United States, Northeast Asia, China, and Europe. The company targets hygiene, medical, industrial, and agricultural sectors, providing outsourcing services alongside its core fabric production. It employs 156 people and maintains production facilities including spunbond and meltblown lines transitioned from earlier glove manufacturing. In recent developments, Universal Incorporation reported third quarter 2025 earnings with a NT$0.05 loss per share, an improvement from the prior year's NT$0.22 loss, alongside a reduced dividend of NT$0.30 announced in June. The company continues to focus on nonwoven expansion amid a 21.78% sales decline in 2024 to NT$317.39 million and ongoing net losses including NT$-51.54 million. No major acquisitions, partnerships, or new product launches were announced in 2024 or 2025.