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    Textiles
Triocean Industrial Corporation Co., Ltd.

Triocean Industrial Corporation Co., Ltd.

TTWSE:1472
88.60
TWD
+0.50
(+0.57%)
5.76EPS
13.89P/E
4.66BMarket Cap
Triocean Industrial Corporation Co., Ltd.
TWSE:1472
(Taiwan Stock Exchange)

Recent

price

88.60

P/E

ratio

13.89

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
85.58
93.9
46.76
43.34
45.54
33.97
62.21
57.67
46.28
33.06
2.81
23.05
44.77
58.6
49.97
69.41
71.4
Revenue per Share
-2.37
-9.07
-7.66
-4.44
-2.87
-1.6
5.12
-3.5
-5.25
4.05
-28.54
-1.05
0.14
4.27
3.31
6.4
6.39
Basic EPS, GAAP
0.6
6.79
-5.86
0.4
-3.19
-1.68
-4.12
-6.09
-2.81
-23.62
-3.43
-3.84
6.03
5.76
6.06
11.58
0.14
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.82
3
- -
Dividend per Share
32.64
24.91
19.83
17.34
16.69
16.3
17.13
28.17
23.55
33.75
9.98
29.46
29.75
32.06
38.67
43.78
41.45
Book Value per Share
32.59
24.87
19.82
17.31
16.68
16.28
17.12
28.11
23.5
25.34
-9.27
11.14
12.9
22.15
30.29
35.35
33.02
Tangible Book Value per Share
17
17
18
20
22
22
13
13
13
14
15
26
26
33
47
52
53
Basic Weighted Avg Shares
1,481
1,625
862
882
982
752
798
757
599
453
42
602
1,169
1,948
2,335
3,643
3,750
Sales/Revenue/Turnover
-2.65
1.33
-20.53
-10.86
-6.08
-3.49
10.61
-5.27
-11.22
17.81
-132.56
1.71
-0.59
6.64
6.53
10.31
9.97
Operating Margin (%)
77
82
63
50
40
39
35
37
40
65
57
48
57
26
20
21
22
Depreciation Expense
-41
-157
-141
-90
-62
-35
66
-46
-68
55
-425
-27
4
142
155
336
336
Net Income, GAAP
- -
- -
- -
- -
- -
- -
16.89
- -
- -
24.43
- -
- -
- -
6.51
21.15
14.17
14.6
Effective Tax Rate (%)
-2.77
-9.66
-16.39
-10.24
-6.3
-4.71
8.23
-6.07
-11.34
12.24
-1,014.74
-4.54
0.32
7.29
6.62
9.22
8.95
Profit Margin (%)
-329
-330
-355
-211
-257
-134
-96
-127
-199
161
-233
-95
173
913
1,367
2,241
1,541
Working Capital
100
63
26
13
13
- -
9
1
- -
307
292
33
437
30
165
812
149
LT Debt
615
474
389
349
332
333
394
372
311
472
261
769
777
1,424
2,030
2,298
2,250
Total Equity
- -
- -
- -
- -
- -
- -
8.48
- -
- -
5.59
- -
- -
- -
5.8
4.9
10.41
9.28
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
9.18
- -
- -
6.07
- -
- -
- -
7.69
6.67
11.61
10.56
Return on Capital (%)
-6.58
-29.6
-32.54
-22.74
-16.37
-9.51
17.1
-12
-19.88
14.17
-116.12
-5.31
0.48
12.91
8.96
15.53
15.52
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
325
291
971
LT Borrowings
671
674
12
LT Finance Leases
141
139
137
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
4,619
4,986
4,661

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,438
4,518
4,239
Cash, Cash Equivalents & STI
3,473
3,299
3,172
Accounts Receivable, Net
177
158
77
Inventories
- -
- -
- -
Total Current Liabilities
2,197
2,129
2,698
Payables & Accruals
- -
- -
- -
ST Debt
325
291
971
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
33.82%
67.04%
13.22%
Free Cash Flow
76.8%
4.66%
114.67%
Net Income, GAAP
218.31%
727.76%
117.29%
Sales/Revenue/Turnover
143.85%
314.7%
55.99%
Total Cash Common Dividend
- -
- -
85.3%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
573
537
547
678
2,335
2025
911
893
924
915
3,643
2026
914
996
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.13
0.26
0.51
1.34
3.31
2025
1.76
1.72
1.62
1.3
6.4
2026
1.78
1.69
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.82
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -
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Business
Triocean Industrial Corporation Co., Ltd. Triocean Industrial Corporation Co., Ltd. (1472.TW) engages primarily in construction services in Taiwan, including infrastructure projects, solar power systems, private residential developments, social housing, water supply installations, and electrical works; it also undertakes wholesale of building materials and maintains overseas polyester yarn manufacturing and trading in Thailand. Founded in 1968 and headquartered in Kaohsiung City, Taiwan, the company, formerly known as Tri Ocean Textile Co., Ltd., transformed from textile operations—such as weaving, dyeing, processing, and trading of nylon filament yarns, polypropylene fibers, knitting cloth, and woven fabrics—ceasing production in 2020 to focus on construction through subsidiaries like Shandong Construction and Shang Ting Construction, which hold Class A contractor qualifications for public works, water, and electrical projects. It operates as a Class A Water Supply Installation Contractor and Class A Electrical Installation Contractor, targeting public sector tenders, private engineering projects, and solar engineering across domestic markets. Recent developments include the name change to Triocean Industrial Corporation Co., Ltd. in September 2021, expansion into public works via subsidiary investments, and multiple contract awards in 2024-2025, such as subsidiary wins for Kaohsiung City's Qiaoxin Anju A and C social housing projects, National Kaohsiung University of Science and Technology school facilities, Pingtung County's seawater supply systems, and the National Sports Park's swimming and tennis facilities. These wins, along with the launch of shareholder e-cabinet services for electronic stock affairs, underscore ongoing operational growth in public infrastructure and social housing segments. The company employs approximately 162-168 people and reports trailing twelve-month revenue of TWD 3.03 billion.