1. Taiwan Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
Carnival Industrial Corporation

Carnival Industrial Corporation

TTWSE:1417
8.09
TWD
-0.01
(-0.12%)
0.52EPS
16.55P/E
1.62BMarket 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
17.46
17.3
18.7
15.64
10.7
7.9
5.07
5.45
6.96
7.49
7.88
3.18
2.13
2.16
Basic EPS, GAAP
0.09
0.15
-2.02
-0.9
-2.42
-1.23
1.28
-1.4
0.51
0.56
-0.35
-0.81
0.62
0.52
Free Cash Flow per Basic Share
-2.4
-2.62
-0.48
-1.69
1.16
-0.91
-0.4
-0.26
-3.15
-1.24
2.56
0.33
0.24
0.51
Dividend per Share
1
0.4
- -
- -
- -
- -
- -
0.46
0.3
0.35
0.37
0.2
- -
- -
Book Value per Share
23.06
25.42
22.32
20.42
18.54
17.8
16.51
13.47
14.14
14.24
13.63
12.2
12.33
12.45
Tangible Book Value per Share
23.06
25.42
22.32
20.42
18.54
17.8
16.51
13.47
13.78
13.69
13.62
12.19
12.33
12.44
Basic Weighted Avg Shares
190
190
190
190
190
190
269
190
190
190
190
190
190
189
Sales/Revenue/Turnover
3,316
3,287
3,552
2,970
2,032
1,500
1,364
1,036
1,322
1,423
1,496
603
404
409
Operating Margin (%)
-3.59
-5.77
-14.23
-13.19
-24.97
-27.04
-19.75
-35.18
1.41
-13.64
-5.31
-40.67
-4.98
1.83
Depreciation Expense
95
134
183
112
80
83
106
121
81
94
89
37
25
25
Net Income, GAAP
17
29
-385
-171
-459
-234
344
-266
98
106
-66
-154
117
98
Effective Tax Rate (%)
48.39
- -
- -
- -
- -
- -
8.42
- -
- -
- -
- -
- -
11.23
13.86
Profit Margin (%)
0.5
0.89
-10.83
-5.76
-22.58
-15.57
25.2
-25.72
7.39
7.48
-4.42
-25.61
29.03
23.83
Working Capital
2,330
2,366
1,963
1,830
1,497
1,210
1,746
1,207
1,254
1,325
1,649
1,362
1,309
1,332
LT Debt
- -
- -
- -
- -
- -
- -
9
9
14
10
254
195
16
13
Total Equity
4,379
4,828
4,240
3,878
3,521
3,380
3,135
2,559
2,685
2,705
2,589
2,317
2,342
2,365
Return on Invested Capital (%)
-1.13
- -
- -
- -
- -
- -
-6.56
- -
- -
-5.26
- -
- -
-0.52
0.23
Return on Capital (%)
0.4
- -
- -
- -
- -
- -
10.8
- -
- -
3.22
- -
- -
4.73
3.99
Return on Common Equity (%)
0.38
0.63
-8.48
-4.21
-12.41
-6.77
10.55
-9.36
3.73
3.95
-2.5
-6.3
5.03
4.13

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
182
147
97
LT Borrowings
- -
- -
- -
LT Finance Leases
16
14
13
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
190
190
190
Market Capitalization
1,702
1,727
1,620

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,669
1,591
1,623
Cash, Cash Equivalents & STI
1,470
1,441
1,464
Accounts Receivable, Net
74
31
29
Inventories
92
101
108
Total Current Liabilities
360
294
291
Payables & Accruals
- -
- -
- -
ST Debt
182
147
97
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.54%
-1.6%
1.09%
Free Cash Flow
44.24%
126.24%
-26.64%
Net Income, GAAP
-69.34%
-66.52%
-175.89%
Sales/Revenue/Turnover
-15.96%
-10.46%
-33.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
238
141
110
114
603
2025
55
85
98
166
404
2026
74
71
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
-0.16
-0.16
-0.47
-0.81
2025
-0.06
0.07
0.17
0.44
0.62
2026
-0.22
0.13
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Yu Chiang
Full Time Employees
380
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
No. 25, Section 4 Taipei TPE Taiwan 104
IPO Date
Dec 28, 1976
Website
carnival.com.tw
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Business
Carnival Industrial Corporation (1417.TW) manufactures and sells men's and women's apparel, group uniforms, and related products in Taiwan and internationally. The company offers suits and career wear for men, including the Super Fine Wool series; women's ready-to-wear garments such as fancy dresses, jackets, trousers, pants, and accessories; dining and homeware products; curtain fabrics; and textile machinery, operating through sales of apparel under domestic brands like Carnival and Carnival Generation, franchised international brands, agency services for luxury labels, uniform design and development, and overseas garment manufacturing. It serves consumer retail, corporate uniform, and export markets across Taiwan, Mainland China, Vietnam, the Philippines, and other regions. Founded in 1969 as Carnival Textile Industrial Corp. and headquartered at 7th Floor, No. 25, Sec. 4, Ren-ai Road, Da-an District, Taipei, Taiwan, the company changed its name to Carnival Industrial Corporation in 1997 and listed on the Taiwan Stock Exchange in 1976. Carnival Industrial operates three major business segments—own brands, franchised brands including past agencies for Giorgio Armani, Nina Ricci, Diesel, Cole Haan, and others, and new ventures—with approximately 1,041 employees focused on supply chain management, quality production, and innovation in hand-tailored suits and versatile apparel options. In recent years, the company has pursued strategic shifts including the 2020 creation of a supply chain management and house of brands business model following board re-election; attainment of ISO certification at its Zhongli factory; and winning tenders for ROC Navy and Air Force exchanges. It established Carnival Generation as a younger line in 2015 and underwent a capital reduction approved at the 2019 AGM, alongside operational enhancements like R&D center investments and production technology seminars. No major acquisitions, funding rounds, or partnerships have been announced in the last 1-2 years, with focus remaining on domestic sales expansion and uniform business stability amid apparel sector challenges.