1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Kaulin Manufacturing Co. Ltd.

Kaulin Manufacturing Co. Ltd.

TTWSE:1531
11.40
TWD
0.00
(0.00%)
0.27EPS
47.99P/E
2.35BMarket 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
15.63
14.42
13.72
12.85
12.18
14.38
11.73
8.74
16.15
11.54
7.8
8.99
8.19
8.08
Basic EPS, GAAP
1.47
1.05
0.79
0.59
0.85
0.68
0.16
-0.3
0.94
1.02
0.08
0.47
-0.12
0.27
Free Cash Flow per Basic Share
-0.33
2.28
0.64
1.16
1.27
-2.7
2.28
1.16
-1.44
0.71
1.49
2.46
1.84
1.72
Dividend per Share
1.2
1
0.8
0.6
0.6
0.8
0.5
0.2
0.2
0.7
0.8
0.2
0.4
- -
Book Value per Share
21.82
21.85
21.39
19.75
20.83
20.42
19.68
19.28
20.03
20.55
19.7
20.48
19.77
19.1
Tangible Book Value per Share
20.96
21
21.23
19.6
20.67
20.26
19.5
19.11
19.87
20.38
19.53
20.32
19.56
18.89
Basic Weighted Avg Shares
193
193
185
185
185
185
185
184
183
182
182
182
182
182
Sales/Revenue/Turnover
3,019
2,778
2,538
2,378
2,254
2,661
2,170
1,610
2,947
2,102
1,421
1,638
1,491
1,473
Operating Margin (%)
9.05
3.63
4.04
5.65
12.21
6.74
0.85
-3.71
6.72
4.19
-5.82
-0.95
-3.47
-7.89
Depreciation Expense
171
166
153
140
86
83
77
75
74
75
74
79
92
100
Net Income, GAAP
283
202
145
109
157
125
30
-55
171
186
14
86
-21
49
Effective Tax Rate (%)
27.4
4.85
25.52
17.59
29.75
52.34
30.8
- -
29.44
28.14
- -
21.16
- -
10.65
Profit Margin (%)
9.39
7.27
5.72
4.59
6.96
4.71
1.37
-3.42
5.82
8.87
0.99
5.23
-1.43
3.33
Working Capital
2,698
2,703
2,503
2,375
2,485
2,502
2,502
2,360
2,530
2,609
2,573
2,734
2,525
2,373
LT Debt
- -
- -
- -
- -
- -
- -
100
2
2
1
- -
40
82
70
Total Equity
4,214
4,221
3,957
3,815
3,854
3,778
3,642
3,540
3,647
3,742
3,587
3,730
3,601
3,478
Return on Invested Capital (%)
4.02
2.05
1.69
2.57
4.74
2.21
0.33
- -
4.04
1.71
- -
-0.55
- -
-2.63
Return on Capital (%)
5.78
4.52
3.33
2.73
3.92
3.35
0.79
- -
4.59
4.88
- -
2.31
- -
1.42
Return on Common Equity (%)
6.75
4.79
3.55
2.81
4.09
3.29
0.8
-1.53
4.77
5.05
0.38
2.34
-0.58
1.42

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
23
123
123
LT Borrowings
- -
- -
- -
LT Finance Leases
82
76
70
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
182
182
182
Market Capitalization
2,222
2,304
2,349

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,917
3,071
3,259
Cash, Cash Equivalents & STI
1,850
2,001
2,129
Accounts Receivable, Net
503
531
508
Inventories
487
460
528
Total Current Liabilities
392
492
886
Payables & Accruals
- -
- -
- -
ST Debt
23
123
123
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.89%
0.4%
-3.46%
Free Cash Flow
-68.08%
-44.91%
-25.31%
Net Income, GAAP
-47.18%
-21.78%
-124.85%
Sales/Revenue/Turnover
-0.94%
5.66%
-8.94%
Total Cash Common Dividend
- -
57.13%
100%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
371
439
431
397
1,638
2025
411
389
362
330
1,491
2026
347
434
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
0.12
0.06
0.22
0.47
2025
0.17
-0.58
0.18
0.11
-0.12
2026
0.03
-0.05
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.4
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pei Chia Lin
Full Time Employees
796
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 128, Minsheng East Road Taipei TP Taiwan 105
IPO Date
Sep 11, 2000
Website
siruba.com
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Business
Kaulin Mfg. Co., Ltd. (1531.TW) develops, manufactures and sells industrial sewing machines under the SiRUBA brand primarily in Taiwan, mainland China, Vietnam and internationally. The company offers an extensive range of products including overlock machines such as the 700KQT mechatronic ultra high-speed overlock and 700L overlock/safety stitch models; interlock machines including the U007 ultra small cylinder bed and C007L/C007LX series; multi-needle/picoting and chainstitch machines such as the VC008A/B 4- and 12-needle cylinder bed models and HF008 4-needle double chainstitch; lockstitch machines like the L818 single-needle flatbed and DT828L series; computer-controlled machines encompassing electronic buttonholing, bartack, button sewing and zig-zag stitching; 4-needle 6-thread flatseamers such as the D007SP/D007SXP; feed-off-the-arm double chainstitch; bandknife cutting; portable bag closers; single/two/three needle chainstitch; and automatic sewing equipment including the ASP-EBJ100, ASV-ATS100 series, ASL-PSM series, AHD semi-automatic hemming device, ASC-TBH200 automatic T-shirt bottom hemming machine and BH-9820 series. These machines serve the production of knitwear, jeans, sportswear, bags, apparel, underwear, shoes, leather products and curtains. Founded in 1965 and headquartered at No. 167 Dunhua North Road, 8th Floor, Taipei City, Taiwan, the company operates subsidiaries including Kaulin Machinery & Electronic Industrial (Ningbo) Co., Ltd. in China and SiRUBA Machinery Vietnam Co., Ltd., with a recent Ho Chi Minh City liaison office established in 2022; it maintains manufacturing facilities in Taoyuan, Taiwan. Recent developments encompass the 2024 relocation of its Taipei operations, participation in trade shows such as GFT 2024 and upcoming CISMA 2025 to showcase premium overlock, cylinder-bed interlock, lockstitch and automatic sewing solutions, alongside the establishment of a sewing automation department in 2014, launch of advanced ICT customer service platforms since 2018 and ongoing R&D leadership in mechatronic and AI-enhanced equipment.