Chung-Hsin Electric & Machinery Manufacturing Corp.

Chung-Hsin Electric & Machinery Manufacturing Corp.

TTWSE:1513
160.00
TWD
-2.00
(-1.23%)
8.91EPS
19.91P/E
87.45BMarket Cap
Nov 11Next Earn
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
21.49
24.97
25.19
30.94
27.73
29.77
30.12
36.22
38.59
39.71
45.33
51.83
55.56
56.52
Basic EPS, GAAP
1.25
1.5
1.34
1.22
1.19
1.33
1.55
3.59
4.19
5.21
3.25
7.33
8.07
8.89
Free Cash Flow per Basic Share
-0.53
0.8
-0.45
-0.16
-1.28
1
2.83
-6.2
-0.8
5.64
11
6.26
22.55
17.24
Dividend per Share
1.02
0.85
1.23
1.02
1.02
1.02
1.02
1.19
2.24
2.85
3.41
3.67
4.68
- -
Book Value per Share
18.98
18.05
17.93
17.8
17.69
17.91
18.44
22.79
24.38
28.05
31.89
38.53
41.85
42.14
Tangible Book Value per Share
18.79
17.83
17.71
17.6
17.51
17.75
18.34
21.97
23.79
27.41
30.08
35.56
38.67
39.22
Basic Weighted Avg Shares
470
453
411
411
411
411
411
425
467
467
489
494
494
494
Sales/Revenue/Turnover
10,095
11,321
10,352
12,717
11,397
12,236
12,378
15,391
18,027
18,547
22,145
25,609
27,449
27,921
Operating Margin (%)
5.83
5.79
5.52
3.47
3.66
4.57
4.92
11.17
14.85
15.5
20.15
17.76
18.14
18.89
Depreciation Expense
357
410
406
433
437
448
1,853
1,735
2,057
2,598
2,850
3,287
3,562
3,674
Net Income, GAAP
588
681
551
503
488
545
635
1,527
1,956
2,434
1,586
3,623
3,988
4,392
Effective Tax Rate (%)
21.75
21.13
23.96
13.7
12.21
13.2
19.04
13.9
20.48
20.24
33.85
18.69
20.3
19.9
Profit Margin (%)
5.83
6.01
5.32
3.96
4.28
4.45
5.13
9.92
10.85
13.12
7.16
14.15
14.53
15.73
Working Capital
3,114
3,219
3,534
3,184
2,649
1,645
3,546
3,739
5,808
4,713
4,019
6,359
2,120
1,304
LT Debt
500
778
961
898
1,209
648
4,257
7,995
12,406
13,807
11,764
10,653
3,771
3,378
Total Equity
8,061
7,681
7,627
7,556
7,534
7,616
7,815
10,899
11,640
13,366
15,950
19,245
20,886
21,181
Return on Invested Capital (%)
5.28
5.44
4.28
3.48
3.11
4.16
4.12
8.19
8.54
7.64
9.16
11.14
12.1
13.56
Return on Capital (%)
7.02
7.44
5.73
4.89
4.21
4.67
5.27
8.8
8.25
8.94
5.76
11.83
12.9
14.77
Return on Common Equity (%)
7.8
8.95
7.46
6.85
6.69
7.45
8.51
16.76
17.76
19.88
10.99
20.83
20.08
22.26

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,349
5,639
4,818
LT Borrowings
2,373
1,601
1,611
LT Finance Leases
1,398
1,755
1,768
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
494
494
494
Market Capitalization
73,864
70,653
87,451

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
23,017
23,812
23,130
Cash, Cash Equivalents & STI
4,321
3,651
3,573
Accounts Receivable, Net
2,328
3,034
2,869
Inventories
10,491
10,436
10,066
Total Current Liabilities
20,898
21,445
21,826
Payables & Accruals
- -
- -
- -
ST Debt
5,349
5,639
4,818
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.21%
14.03%
8.53%
Free Cash Flow
-23.85%
-113.15%
259.99%
Net Income, GAAP
31.31%
31.24%
10.09%
Sales/Revenue/Turnover
10.76%
12.45%
7.18%
Total Cash Common Dividend
- -
39.32%
27.78%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6,139
6,134
6,386
6,951
25,609
2025
6,448
7,104
6,791
7,106
27,449
2026
6,491
7,533
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.93
1.82
1.86
1.73
7.33
2025
1.78
1.91
2.31
2.08
8.07
2026
1.94
2.56
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.67
2025
- -
- -
- -
- -
4.68
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hui Chuan Kuo
Full Time Employees
3,301
Sector
Producer manufacturing
Industry
Electrical products
Address
No.25,Wende Road New Taipei Taiwan 33383
IPO Date
Mar 8, 1994
Business
Chung-Hsin Electric and Machinery Manufacturing Corp. (CHEM) manufactures and sells electric motors, generators and heavy electrical equipment, with operations spanning power equipment, engineering services, parking management and new energy solutions. The company produces gas-insulated switchgear (GIS), medium-voltage switchgear, booster and substations, power automation systems, electricity meters, central air conditioning and refrigeration systems, generators, electronic meters, fuel cell products, smart microgrids, precision-machined components including aerospace and semiconductor parts, aluminum casting parts for high-voltage power supply equipment, pressure vessels, power distribution boxes and control systems; it also provides system engineering for power transmission and distribution, electrical pipeline installation, wind, hydro and solar power generation projects, energy storage, turnkey substations, incinerators, pollution control, property development, leasing and sales, as well as parking lot planning, management and charging station operations. Founded in 1956 and headquartered in Taoyuan City, Taiwan, CHEM primarily serves domestic markets with growing international exports to the United States, Thailand and India, targeting utilities, industrial clients, SMEs and public infrastructure in the power generation, transmission, distribution and renewable energy sectors. In recent developments, the company expanded GIS manufacturing capacity from two to nine plants to support Taiwan Power Company's Resilient Grid Plan, secured NT$30 billion in new green energy engineering and equipment orders in 2024 with a total order backlog of NT$41 billion, partnered with Plug Power for 5kW ProGen hydrogen engines integrated into stationary power products, collaborated with Tunglit Logistics for hydrogen power generation, deployed hydrogen power modules in Taiwan's largest public bus fleet by end-2024 with expansions planned for Thailand and India in 2025, won contracts for green power charging stations on 16 Taiwanese highways and the Tainan Qigu 216 MW solar project, began U.S. shipments of power equipment via partnerships with Taiwanese transformer manufacturers, and advanced diversification into battery energy storage systems (BESS), hydrogen backup power and energy management systems (EMS) alongside ongoing investments in offshore wind and solar power plants.