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
Carnival Industrial Corporation
TWSE:1417
(Taiwan Stock Exchange)

Recent

price

8.09

P/E

ratio

16.55

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
11.62
13.24
17.03
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
Revenue per Share
0.79
1.34
0.88
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
Basic EPS, GAAP
1.9
0.82
-1.34
-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
Free Cash Flow per Basic Share
- -
- -
- -
1
0.4
- -
- -
- -
- -
- -
0.46
0.3
0.35
0.37
0.2
- -
- -
Dividend per Share
22.33
23.27
23.6
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
Book Value per Share
22.26
23.2
23.53
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
Tangible Book Value per Share
190
190
190
190
190
190
190
190
190
269
190
190
190
190
190
190
189
Basic Weighted Avg Shares
2,206
2,515
3,235
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
Sales/Revenue/Turnover
3.8
2.59
0.06
-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
Operating Margin (%)
120
120
103
95
134
183
112
80
83
106
121
81
94
89
37
25
25
Depreciation Expense
151
255
168
17
29
-385
-171
-459
-234
344
-266
98
106
-66
-154
117
98
Net Income, GAAP
50.59
6.5
36.03
48.39
- -
- -
- -
- -
- -
8.42
- -
- -
- -
- -
- -
11.23
13.86
Effective Tax Rate (%)
6.84
10.15
5.18
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
Profit Margin (%)
1,741
2,217
2,558
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
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
9
9
14
10
254
195
16
13
LT Debt
4,242
4,421
4,482
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
Total Equity
0.27
0.73
0.02
-1.13
- -
- -
- -
- -
- -
-6.56
- -
- -
-5.26
- -
- -
-0.52
0.23
Return on Invested Capital (%)
3.12
5.18
3.29
0.4
- -
- -
- -
- -
- -
10.8
- -
- -
3.22
- -
- -
4.73
3.99
Return on Capital (%)
3.6
5.89
3.77
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
Similar Companies
Nike, Inc. (NYSE:NKE)
lululemon athletica inc. (NASDAQ:LULU)
On Holding AG (NYSE:ONON)
LVMH Moet Hennessy Louis Vuitton SE (EURONEXT:MC)
Hermes International SCA (EURONEXT:RMS)
Deckers Outdoor Corporation (NYSE:DECK)
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.