1. Taiwan Stocks

  2. •

    Finance

  3. •

    Real estate development
I-HWA Industrial Co., Ltd.

I-HWA Industrial Co., Ltd.

TTWSE:1456
15.40
TWD
+1.05
(+7.32%)
2.89EPS
4.99P/E
1.35BMarket 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
11.7
22.36
6.05
10.42
10.76
5.06
11.39
7.64
25.22
6.59
17.98
11.12
8.85
7.84
Basic EPS, GAAP
0.22
-27.55
1.24
0.5
0.41
0.13
0.27
0.73
4.85
-0.81
0.05
1.11
3.41
2.89
Free Cash Flow per Basic Share
-13.99
-22.53
-2.34
-1.64
-1.18
-3.1
0.59
-14.88
1.84
-39.29
-10.4
-4.51
-4.94
-4.06
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.5
- -
0.2
- -
- -
Book Value per Share
10.52
10.34
11.71
12.01
12.54
12.44
13.01
13.75
18.59
16.3
16.35
17.26
20.66
19.59
Tangible Book Value per Share
10.52
10.34
11.71
12.01
12.54
12.44
13.01
13.75
18.59
16.3
16.35
17.26
20.66
19.59
Basic Weighted Avg Shares
72
41
94
94
94
94
94
94
94
94
94
94
94
94
Sales/Revenue/Turnover
839
909
567
976
1,009
474
1,068
716
2,363
617
1,685
1,042
829
736
Operating Margin (%)
5.4
-10.55
1.6
10.15
6.51
19.54
7.25
21.16
24.68
19.08
23.6
46.36
78.23
88.86
Depreciation Expense
36
28
35
35
27
16
18
16
14
15
15
15
12
11
Net Income, GAAP
15
-1,119
116
47
38
12
26
68
454
-75
5
104
319
271
Effective Tax Rate (%)
- -
- -
0.33
18.23
6.89
43.07
- -
2.79
0.52
- -
72.59
22.18
11.56
13.14
Profit Margin (%)
1.84
-123.2
20.42
4.83
3.81
2.6
2.4
9.5
19.23
-12.23
0.3
9.94
38.53
36.86
Working Capital
-74
629
-644
1,284
934
1,224
1,274
1,420
1,586
1,458
1,784
1,825
1,822
1,306
LT Debt
963
1,477
117
1,985
1,608
1,923
1,878
2,219
2,198
2,360
2,599
2,706
2,769
2,306
Total Equity
754
969
1,097
1,125
1,175
1,166
1,219
1,288
1,743
1,527
1,532
1,617
1,937
1,836
Return on Invested Capital (%)
- -
- -
0.24
1.99
1.44
1.12
- -
2.71
8.92
- -
1
3.26
4.77
4.65
Return on Capital (%)
- -
- -
4.57
2.38
2.38
1.13
- -
2.77
9
- -
0.96
3.11
4.79
4.69
Return on Common Equity (%)
2.05
-129.93
11.2
4.25
3.34
1.06
2.15
5.43
29.99
-4.62
0.33
6.58
17.97
15.96

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,696
9,255
8,409
LT Borrowings
2,766
1,177
2,304
LT Finance Leases
4
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
94
94
94
Market Capitalization
1,237
1,275
1,350

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,182
10,237
10,465
Cash, Cash Equivalents & STI
158
123
250
Accounts Receivable, Net
27
14
22
Inventories
9,859
9,970
10,041
Total Current Liabilities
8,360
10,058
9,158
Payables & Accruals
- -
- -
- -
ST Debt
7,696
9,255
8,409
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.5%
9.71%
19.75%
Free Cash Flow
-510.57%
-494.48%
9.49%
Net Income, GAAP
261.76%
498.04%
208.29%
Sales/Revenue/Turnover
38.51%
54.07%
-20.46%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
280
258
305
199
1,042
2025
164
296
161
207
829
2026
219
149
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
-0.44
-0.16
2.17
1.11
2025
-0.48
-0.08
-0.34
4.31
3.41
2026
-0.43
-0.64
- -
- -
- -

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
Shih-Hao Huang
Full Time Employees
48
Sector
Finance
Industry
Real estate development
Address
No. 392, Neihu Road Taipei TP Taiwan 114
IPO Date
Dec 9, 1993
Website
ihwa.com.tw
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Business
I-Hwa Industrial Co., Ltd. (1456.TW) manufactures and sells industrial-use zippers and related fastening products. The company offers a range of zipper products including nylon zippers, metal zippers, plastic zippers, and invisible zippers; slider heads; and accessories such as pins, retainers, and stoppers, catering to apparel, luggage, and outdoor gear manufacturers. Founded in 1969 and headquartered in Taoyuan, Taiwan, I-Hwa operates primarily in Asia with distribution across Taiwan, China, and select international markets. No major partnerships, acquisitions, funding rounds, product launches, or strategic shifts have been publicly reported for the company in the last 1-2 years.