China Man-Made Fiber Corporation

China Man-Made Fiber Corporation

TTWSE:1718
11.20
TWD
-0.40
(-3.45%)
5.47EPS
30.60P/E
9.96BMarket 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
15.59
24.36
23.61
23.64
26.76
30.23
26.63
20.51
23.92
24.77
27.4
30.83
32.34
32.27
Basic EPS, GAAP
0.68
0.78
0.39
-0.15
0.59
1.02
-0.54
0.7
- -
-1.01
-1.18
0.02
0.09
0.24
Free Cash Flow per Basic Share
-4.33
4.1
10.27
19.08
9.56
5.59
11.77
15.78
-3.08
-1.27
17.14
15.88
0.43
-18.1
Dividend per Share
- -
- -
- -
0.08
- -
0.08
0.09
- -
0.1
- -
- -
- -
- -
- -
Book Value per Share
13.53
14.33
14.67
14.99
15.6
16.7
16.4
17.14
17.38
16.36
15.62
15.87
16.47
16.71
Tangible Book Value per Share
13.44
14.12
14.47
14.83
15.45
16.56
16.26
16.96
17.19
16.17
15.41
15.62
16.04
16.29
Basic Weighted Avg Shares
1,400
1,400
1,402
1,345
1,336
1,342
1,342
1,342
1,342
1,342
1,342
1,342
1,340
1,334
Sales/Revenue/Turnover
21,821
34,103
33,098
31,796
35,759
40,573
35,732
27,514
32,087
33,227
36,768
41,360
43,337
43,035
Operating Margin (%)
-16.3
9.07
11.86
7.66
10.1
11.04
8.79
24.98
25.76
29.27
43.23
49.9
51.55
52.15
Depreciation Expense
731
982
953
990
988
905
1,290
1,314
1,248
1,164
1,221
1,183
1,211
1,228
Net Income, GAAP
959
1,091
541
-204
794
1,372
-730
942
6
-1,352
-1,587
28
119
326
Effective Tax Rate (%)
14.72
11.53
20.31
18.7
17.67
14.29
17.18
17.72
17.57
31.89
28.39
20.58
20.84
20.23
Profit Margin (%)
4.39
3.2
1.63
-0.64
2.22
3.38
-2.04
3.42
0.02
-4.07
-4.32
0.07
0.27
0.76
Working Capital
16,806
19,599
10,204
-10,826
-68,420
-80,021
-93,606
-104,752
-100,452
-86,662
-110,129
-137,491
-123,750
-116,126
LT Debt
20,174
20,612
18,421
18,592
23,937
18,204
16,195
14,937
20,675
22,514
22,088
21,687
23,879
24,840
Total Equity
41,681
47,143
50,303
50,921
53,399
58,281
60,602
66,400
71,776
74,963
79,486
84,058
91,946
93,669
Return on Invested Capital (%)
-3.19
4.36
3.85
2.4
3.14
3.69
2.35
4.42
5
4.72
7.37
10.57
11.04
10.85
Return on Capital (%)
2.79
2.3
1.65
0.37
1.6
2.36
-3.66
1.02
-1.13
-1.71
0.43
3.02
3.18
3.08
Return on Common Equity (%)
5.22
5.6
2.67
-1.01
3.88
6.33
-3.29
4.19
0.02
-5.97
-7.4
0.13
0.55
1.49

Capital Structure

TWD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
33,967
40,991
44,865
LT Borrowings
21,724
23,069
24,017
LT Finance Leases
849
810
823
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,340
1,334
1,333
Market Capitalization
8,711
9,153
9,961

Working Capital

TWD

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
770,732
789,173
795,306
Cash, Cash Equivalents & STI
66,219
74,709
72,148
Accounts Receivable, Net
11,314
10,489
10,047
Inventories
1,341
973
890
Total Current Liabilities
898,148
912,922
911,433
Payables & Accruals
- -
- -
- -
ST Debt
33,967
40,991
44,865
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.25%
6.74%
9.38%
Free Cash Flow
-160.52%
-347.31%
-97.31%
Net Income, GAAP
-2,461.62%
-4,735.98%
331.77%
Sales/Revenue/Turnover
3.52%
9.62%
4.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9,276
10,506
10,813
10,765
41,360
2025
10,823
10,505
11,231
10,777
43,337
2026
10,522
- -
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.07
0.14
-0.2
0.02
2025
0.02
-0.06
0.23
-0.1
0.09
2026
0.17
- -
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Te Wei Li
Full Time Employees
468
Sector
Process industries
Industry
Chemicals: specialty
Address
No. 50, Xinsheng South Road Taipei TP Taiwan 100
IPO Date
Dec 2, 1963
Business
China Man-Made Fiber Corporation manufactures and sells man-made fibers, petrochemicals, and related products in Taiwan; core offerings include mono-ethylene glycol, di-ethylene glycol, tri-ethylene glycol, ethylene oxide, and nonyl-phenol; polyester spin drawn yarn, polyester partially oriented yarn, polyester drawn textured yarn, and polyester chips; cellophane and polyamine fiber. The company, founded in 1955 and headquartered in Taipei City with primary operations in Kaohsiung City, also engages in cogeneration of steam and industrial power; production of industrial gases such as oxygen, nitrogen, argon, and carbon dioxide; real estate development and leasing; food trading and supermarket management; gas station operations; machinery development and sales; and general investment, banking, insurance brokerage, and international trade through subsidiaries. It serves domestic Taiwan markets primarily alongside Asia and other regions, with business segments spanning chemical fibers for garments, cloths, footwear, and industrial materials; chemicals for antifreeze, refrigerants, solvents, and lubricants; and diversified services. In recent developments, the company merged with its wholly-owned subsidiary Shiang-Fong Co., Ltd., a land development entity, in December 2022 to streamline organization, reduce operating costs, and enhance efficiency; it reported earnings for the second quarter and six months ended June 30, 2025, alongside remuneration committee changes in June 2025 and resolved to sign a joint construction contract for a real estate project in Sanchong District.