Chang-Ho Fibre Corp.

Chang-Ho Fibre Corp.

TTWSE:1468
13.25
TWD
-0.10
(-0.75%)
0.84EPS
13.55P/E
1.92BMarket 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
4.78
3.67
3.63
3.59
3.74
5.74
6.29
6
7.11
8.81
6.56
6.72
5.16
3.93
Basic EPS, GAAP
-0.3
-0.36
-0.33
-0.25
-0.59
0.24
0.31
0.26
0.06
0.23
0.17
0.94
0.21
0.89
Free Cash Flow per Basic Share
-0.16
0.15
0.34
-0.12
-0.3
0.27
0.61
0.52
-3.15
1.63
-0.5
0.45
0.9
0.33
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
7.73
7.41
7.06
6.76
6.14
6.42
7.24
7.66
7.33
7.44
7.48
8.59
8.81
9.09
Tangible Book Value per Share
7.67
7.35
7.01
6.33
5.75
6.38
7.2
7.62
7.25
7.38
7.43
8.54
8.76
8.96
Basic Weighted Avg Shares
160
160
160
160
160
160
160
160
160
160
160
160
160
162
Sales/Revenue/Turnover
766
588
582
577
599
921
1,010
962
1,140
1,412
1,053
1,078
827
636
Operating Margin (%)
-6.45
-13.66
-6.73
1.44
-17.33
-1.71
-6.07
-0.33
-0.42
-7.6
-4.84
6.05
-0.72
7.18
Depreciation Expense
70
61
62
57
56
31
34
34
36
38
38
37
35
36
Net Income, GAAP
-48
-58
-53
-40
-94
39
50
42
10
37
27
151
34
143
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
39.22
0.23
20.28
17.36
39.72
29.24
Profit Margin (%)
-6.23
-9.81
-9.02
-6.94
-15.73
4.2
4.97
4.32
0.85
2.62
2.59
14.03
4.08
22.53
Working Capital
522
679
521
633
446
809
628
659
579
147
407
682
681
754
LT Debt
268
489
474
458
443
577
580
685
513
65
319
414
319
319
Total Equity
1,301
1,242
1,178
1,122
1,015
1,061
1,182
1,258
1,210
1,227
1,261
1,460
1,487
1,535
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-1.3
-2.53
-0.1
0.42
-4.37
-2.23
1.46
-0.05
1.29
Return on Capital (%)
- -
- -
- -
- -
- -
3.12
3.57
2.8
0.75
2.56
1.06
6.52
1.81
6.17
Return on Common Equity (%)
-3.79
-4.75
-4.53
-3.61
-9.11
3.84
4.58
3.48
0.8
3.13
2.28
11.74
2.42
10.48

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,024
1,024
1,024
LT Borrowings
319
319
319
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
160
160
160
Market Capitalization
1,925
1,877
1,925

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,032
2,026
2,059
Cash, Cash Equivalents & STI
1,097
1,102
1,104
Accounts Receivable, Net
48
37
61
Inventories
862
860
869
Total Current Liabilities
1,351
1,310
1,306
Payables & Accruals
- -
- -
- -
ST Debt
1,024
1,024
1,024
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.6%
3.6%
1.88%
Free Cash Flow
-113.13%
-213.99%
102.42%
Net Income, GAAP
54.17%
111.7%
-77.71%
Sales/Revenue/Turnover
5.76%
-0.77%
-23.26%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
250
340
250
238
1,078
2025
246
209
191
181
827
2026
128
136
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.47
0.08
0.15
0.94
2025
0.26
-0.64
0.33
0.25
0.21
2026
0.17
0.13
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Ming Tse Chen
Full Time Employees
51
Sector
Process industries
Industry
Textiles
Address
No. 270, Chung Hsiao East Road Taoyuan TP Taiwan
IPO Date
Jan 21, 1999
Business
Chang-Ho Fibre Corporation (1468.TW) manufactures and sells a range of fiber-based products including polyester staple fibers, polypropylene fibers, and recycled polyester fibers for applications in textiles, nonwovens, and industrial materials. The company offers core products such as PSF (polyester staple fiber) in various deniers and lengths for spinning into yarns; PP fibers for geotextiles, hygiene products, and automotive interiors; and specialized recycled fibers under its sustainability initiatives, serving markets in apparel, home furnishings, medical supplies, and construction. Operations span Taiwan as the primary manufacturing base with exports to Asia, Europe, and North America, targeting textile mills, nonwoven producers, and brand owners focused on eco-friendly materials. Founded in 1993 and headquartered in Yunlin County, Taiwan, Chang-Ho emphasizes vertical integration from polymer production to fiber processing. In the past two years, the company expanded its recycled fiber capacity through investments in advanced recycling technology and formed strategic partnerships with global textile brands for sustainable supply chains, while achieving certifications for carbon-neutral production processes amid growing demand for green materials in the fiber industry.