1. Taiwan Stocks

  2. •

    Producer manufacturing

  3. •

    Industrial machinery
Chang Type Industrial Co., Ltd.

Chang Type Industrial Co., Ltd.

TTWSE:1541
20.00
TWD
+0.40
(+2.04%)
2.68EPS
8.00P/E
1.69BMarket 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
23.33
34.11
36.65
44.78
46.36
45.57
53.3
66.9
78.72
51.49
42.87
37.92
46.06
36.43
Basic EPS, GAAP
-0.29
2.06
3.59
4.37
1.71
1
3.19
5.79
3.8
3.45
1.46
1.06
2.32
2.68
Free Cash Flow per Basic Share
-1.32
-0.99
3.53
2.53
-0.39
1.71
4.9
1.97
-9.12
13.97
0.33
8.38
2.89
8.31
Dividend per Share
- -
- -
1.71
3.21
3.3
1.5
1
- -
3
2.5
1
0.5
0.5
- -
Book Value per Share
11.12
13.2
15.13
16.22
14.5
14.08
16.21
21.76
22.44
23.81
24.25
25.3
26.83
27.48
Tangible Book Value per Share
9.62
11.87
13.97
15.2
13.59
13.29
15.52
21.17
21.94
23.4
23.97
25.14
26.8
27.47
Basic Weighted Avg Shares
79
79
79
79
79
79
79
79
79
79
79
79
79
79
Sales/Revenue/Turnover
1,838
2,688
2,888
3,528
3,653
3,591
4,200
5,272
6,203
4,057
3,378
2,988
3,629
2,888
Operating Margin (%)
-2.2
5.19
10.31
12.22
7.31
1.33
10.01
13.01
6.43
4.21
8.72
0.64
6.95
4.9
Depreciation Expense
69
60
58
52
58
61
72
69
77
117
118
122
115
108
Net Income, GAAP
-23
162
283
345
135
79
251
457
299
272
115
84
183
213
Effective Tax Rate (%)
- -
16.95
20.31
18.57
25.09
21.1
25
22.71
19.38
23.57
21.2
14.94
11.84
13.4
Profit Margin (%)
-1.24
6.04
9.8
9.76
3.7
2.19
5.99
8.66
4.82
6.71
3.41
2.8
5.03
7.36
Working Capital
151
387
625
542
388
374
569
1,046
1,072
1,195
1,113
1,085
1,320
1,401
LT Debt
- -
- -
39
- -
- -
- -
180
174
317
288
441
276
316
316
Total Equity
876
1,040
1,192
1,278
1,142
1,110
1,277
1,714
1,768
1,876
1,911
1,994
2,115
2,166
Return on Invested Capital (%)
- -
7.07
12.75
17.43
8.99
1.63
12.95
18.94
8.8
3.65
7.23
-0.05
8.26
4.27
Return on Capital (%)
- -
10.34
15.75
17.75
6.35
3.65
10.91
17
8.63
8.15
4.24
3.53
7.59
8.53
Return on Common Equity (%)
-2.57
16.94
25.37
27.89
11.15
6.98
21.07
30.52
17.19
14.93
6.08
4.29
8.89
10.4

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
160
118
114
LT Borrowings
- -
- -
- -
LT Finance Leases
316
316
316
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
1,836
2,021
1,690

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,961
1,949
1,948
Cash, Cash Equivalents & STI
148
502
586
Accounts Receivable, Net
1,226
856
810
Inventories
540
543
502
Total Current Liabilities
641
569
547
Payables & Accruals
- -
- -
- -
ST Debt
160
118
114
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.46%
4.3%
6.07%
Free Cash Flow
89.95%
290.14%
-65.51%
Net Income, GAAP
21.04%
-2.05%
118.27%
Sales/Revenue/Turnover
4.28%
-4.75%
21.45%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
721
812
716
739
2,988
2025
848
1,096
938
748
3,629
2026
599
603
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.76
0.39
-0.21
0.13
1.06
2025
0.53
-0.32
1.1
1
2.32
2026
0.48
0.11
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ching Chin Chang
Full Time Employees
503
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 41, Nancun Road Taichung TX Taiwan 42127
IPO Date
Nov 4, 2002
Website
toty.com.tw
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Business
CHANG TYPE Industrial Co., Ltd. manufactures, processes, and sells hand tools, electric machines, motors, power tools, automatic control systems, computer machinery, electric test instruments, woodworking machines, and metal parts; offers miter saws, scroll saws, radial arm saws, and band saws; designs various molds and fixtures; and engages in the import and export of related raw materials. The company serves original equipment manufacturers and original design manufacturers primarily through OEM and ODM arrangements with international brands including Craftsman, DeWalt, Ryobi, and Black & Decker, with products distributed via major North American retailers such as Sears, Home Depot, and Lowe's. CHANG TYPE operates from its headquarters in Taichung, Taiwan, with additional presence in the United States and other international markets. Founded in April 1989 by Mr. Lai Ching Liu and Mr. Andy Chang with initial capital of NTD 20 million, the company listed on the Taiwan Stock Exchange in March 2003 and employs approximately 503 people. In recent years, CHANG TYPE has focused on steady operational growth amid industry challenges, reporting trailing twelve-month revenue of TWD 3.62 billion and net income of TWD 114.19 million as of the latest available data, while generating strong free cash flow exceeding statutory profits in 2024 due to efficient working capital management. No major acquisitions, partnerships, funding rounds, or strategic shifts have been publicly announced within the last one to two years.