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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
I-HWA Industrial Co., Ltd.
TWSE:1456
(Taiwan Stock Exchange)

Recent

price

15.40

P/E

ratio

4.99

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
75.02
75.18
57.95
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
Revenue per Share
-5.7
-7.93
-7.98
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
Basic EPS, GAAP
-6.25
-0.83
-1.02
-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
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.5
- -
0.2
- -
- -
Dividend per Share
13.19
4.31
10.44
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
Book Value per Share
13.19
4.31
10.44
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
29
29
32
72
41
94
94
94
94
94
94
94
94
94
94
94
94
Basic Weighted Avg Shares
2,153
2,158
1,840
839
909
567
976
1,009
474
1,068
716
2,363
617
1,685
1,042
829
736
Sales/Revenue/Turnover
-6.4
-8.32
-12.87
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
Operating Margin (%)
80
67
59
36
28
35
35
27
16
18
16
14
15
15
15
12
11
Depreciation Expense
-164
-228
-253
15
-1,119
116
47
38
12
26
68
454
-75
5
104
319
271
Net Income, GAAP
- -
- -
- -
- -
- -
0.33
18.23
6.89
43.07
- -
2.79
0.52
- -
72.59
22.18
11.56
13.14
Effective Tax Rate (%)
-7.6
-10.55
-13.78
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
Profit Margin (%)
-531
-1,070
-492
-74
629
-644
1,284
934
1,224
1,274
1,420
1,586
1,458
1,784
1,825
1,822
1,306
Working Capital
288
3
447
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
LT Debt
414
158
749
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
Total Equity
- -
- -
- -
- -
- -
0.24
1.99
1.44
1.12
- -
2.71
8.92
- -
1
3.26
4.77
4.65
Return on Invested Capital (%)
- -
- -
- -
- -
- -
4.57
2.38
2.38
1.13
- -
2.77
9
- -
0.96
3.11
4.79
4.69
Return on Capital (%)
-36.69
-92.18
-58.23
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.