1. Taiwan Stocks

  2. •

    Finance

  3. •

    Real estate development
GTM Holdings Corporation

GTM Holdings Corporation

TTWSE:1437
31.20
TWD
-0.60
(-1.89%)
4.30EPS
7.01P/E
6.08BMarket 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
6.32
5.12
3.77
2.81
2.67
2.87
2.86
2.98
3.43
3.94
4.25
4.16
4.56
4.67
Basic EPS, GAAP
-2.7
1.01
0.25
2.09
1.52
1.23
4.33
1.76
2.25
2
2.82
3.25
2.41
4.31
Free Cash Flow per Basic Share
1.01
1.21
1.09
0.05
0.84
1.99
1.35
1.42
1.25
1.56
1.72
1.53
0.9
1.28
Dividend per Share
- -
- -
- -
- -
0.48
0.48
0.5
1.1
0.7
0.9
0.8
1.13
1.35
0.48
Book Value per Share
20.83
22.03
22.46
24.49
26.4
28.36
31.87
31.46
33.39
34.95
37.55
40.88
40.92
42.58
Tangible Book Value per Share
20.83
22.03
22.46
24.49
26.4
28.36
31.87
31.46
33.39
34.95
37.55
40.88
40.92
42.58
Basic Weighted Avg Shares
214
213
209
206
204
203
203
203
203
203
203
203
203
203
Sales/Revenue/Turnover
1,353
1,092
789
578
545
583
581
605
698
802
864
846
927
947
Operating Margin (%)
-10.03
8.75
11.28
43.66
52.91
52.94
40.92
59.75
52.71
51.9
51.48
44.88
44.18
47.79
Depreciation Expense
303
139
142
63
62
70
84
89
103
105
108
140
180
180
Net Income, GAAP
-579
215
51
431
311
249
881
358
458
407
574
661
489
872
Effective Tax Rate (%)
- -
8.82
8.52
9.73
12.25
18.17
6.04
16.64
12.35
13.12
11.67
- -
13.84
7.98
Profit Margin (%)
-42.78
19.72
6.52
74.46
57.03
42.76
151.63
59.12
65.66
50.82
66.44
78.19
52.8
92.09
Working Capital
-395
607
1,059
-1,197
682
1,348
1,447
1,238
1,196
1,152
-1,661
1,353
1,063
1,187
LT Debt
2,820
3,450
3,487
1,225
2,900
3,256
3,144
3,358
3,635
3,580
735
3,512
3,410
3,400
Total Equity
4,495
4,724
4,697
5,055
5,396
5,795
6,517
6,398
6,792
7,108
7,638
8,316
8,267
8,577
Return on Invested Capital (%)
- -
1.02
0.96
2.66
2.88
2.79
2.15
3.11
3.1
3.23
3.34
- -
2.77
3.27
Return on Capital (%)
- -
3.39
1.45
5.83
4.22
3.26
9.66
4.04
4.84
4.17
5.56
- -
4.52
7.57
Return on Common Equity (%)
-12.29
4.71
1.1
8.88
5.98
4.48
14.39
5.56
6.95
5.86
7.78
8.29
5.9
10.49

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
986
993
1,026
LT Borrowings
3,410
3,400
3,400
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
202
202
201
Market Capitalization
6,979
6,147
6,081

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,324
2,289
2,567
Cash, Cash Equivalents & STI
2,250
2,207
2,356
Accounts Receivable, Net
24
9
14
Inventories
2
- -
50
Total Current Liabilities
1,261
1,298
1,379
Payables & Accruals
- -
- -
- -
ST Debt
986
993
1,026
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.89%
5.31%
-0.6%
Free Cash Flow
157.05%
-5.84%
-41.59%
Net Income, GAAP
93.12%
9.4%
-26.01%
Sales/Revenue/Turnover
2.38%
9.08%
9.57%
Total Cash Common Dividend
3,545.37%
8.36%
19.47%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
177
192
269
208
846
2025
191
199
304
233
927
2026
174
236
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.81
1.07
0.88
0.5
3.25
2025
0.34
-0.18
1.44
0.81
2.41
2026
0.68
1.37
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.13
2025
- -
- -
- -
- -
1.35
2026
0.48
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Li Kai Gu
Full Time Employees
944
Sector
Finance
Industry
Real estate development
Address
No. 320, Zhongxiao East Road Taipei TPE Taiwan 106
IPO Date
Nov 10, 1988
Website
gtm.com.tw
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Business
GTM Holdings Corporation GTM Holdings Corporation (1437.TW), together with its subsidiaries, engages in diversified operations spanning real estate development, textile manufacturing, electronic components production, renewable energy, and investment activities primarily in Taiwan. The company operates through three main segments: Real Estate, Textile, and Electronic; in the Real Estate segment, it develops, sells, and leases office buildings, shopping malls, logistics centers, and residential properties, with key rental areas located in Taipei City, New Taipei City's Xinzhuang District, and Taoyuan City's Dayuan District; the Textile segment manufactures and trades textiles, ready-made garments, knitwear, wool quilts and blankets, suits, pillows, sheets, bedspreads, shawls, underwear, and other products including military uniforms, while also engaging in wholesale and retail of fabrics under brands like GTM through subsidiaries such as Chin Yi International Textile Co., Ltd.; the Electronic segment focuses on manufacturing and trading electronic components and materials, including mid-to-low voltage MOSFET discrete power management components, transistors, Schottky diodes, and power ICs; additionally, it develops and operates solar renewable energy projects and conducts equity and financial investments in domestic and foreign stocks, bonds, funds, with post-investment management. GTM Holdings Corporation maintains its headquarters at No. 320, Zhongxiao East Road, Section 4, Taipei City, Taiwan, and was founded in 1951, originally operating as part of the Chin Yi Group before transforming into an investment holding company in 2014 and renaming to its current form to emphasize investment professionalism, company governance, and core business focus for subsidiaries in real estate via Chin Teh Co., Ltd., textiles, and electronics. Recent strategic developments include ongoing emphasis on renewable energy operations and investment portfolio management, with the company reporting stable segment revenues in 2024, including NT$564 million from Property, NT$186 million from Textile, and continued activity in electronic and solar businesses amid a focus on sustainable growth and shareholder value through prudent equity investments in forward-looking targets and stable dividend-paying entities.