1. Taiwan Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Chung Hwa Chemical Industrial Works Ltd.

Chung Hwa Chemical Industrial Works Ltd.

TTWSE:1727
93.20
TWD
-5.90
(-5.95%)
0.73EPS
121.00P/E
11.30BMarket Cap
Nov 06Next 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
19.81
21.2
19.96
19.05
22.22
24.02
19.7
16.17
18.6
21.31
15.23
16.93
15.62
17.85
Basic EPS, GAAP
1.04
1.05
0.9
0.88
0.84
0.9
0.3
-1.26
1.86
1.11
0.39
0.51
0.04
0.73
Free Cash Flow per Basic Share
1.24
-1.27
0.79
-0.86
-0.78
0.58
-0.11
1.53
1.17
-1.27
-0.65
-0.7
-3.73
-4.13
Dividend per Share
0.35
0.48
0.48
0.5
0.6
0.6
0.6
0.2
- -
0.52
0.76
0.29
0.5
- -
Book Value per Share
11.94
12.48
12.84
13.12
13.33
13.58
13.2
11.74
13.62
14.48
15.54
16.65
16.36
16.87
Tangible Book Value per Share
11.94
12.46
12.82
13.11
13.32
13.58
13.2
11.74
13.62
14.48
15.54
16.65
16.28
16.79
Basic Weighted Avg Shares
105
105
110
110
110
110
110
110
108
108
113
123
126
121
Sales/Revenue/Turnover
2,080
2,226
2,200
2,100
2,450
2,648
2,172
1,773
2,013
2,307
1,724
2,083
1,969
2,156
Operating Margin (%)
6.45
5.92
5.37
4.68
4.38
4.16
2.45
0.82
7.92
2.83
0.66
2.98
0.08
4.93
Depreciation Expense
131
139
130
145
153
157
166
180
187
197
207
235
235
231
Net Income, GAAP
109
110
99
98
92
99
33
-138
201
120
44
63
5
88
Effective Tax Rate (%)
18.34
16.03
13.91
17.68
12.47
22.82
24.11
12.16
18.86
27.85
- -
15.97
21.51
17.07
Profit Margin (%)
5.25
4.96
4.49
4.65
3.77
3.73
1.53
-7.79
10
5.19
2.54
3.03
0.26
4.09
Working Capital
322
316
281
243
207
185
39
388
408
484
235
227
69
34
LT Debt
- -
- -
- -
- -
- -
- -
3
474
282
569
183
189
441
371
Total Equity
1,322
1,386
1,425
1,459
1,485
1,512
1,469
1,269
1,478
1,579
1,841
2,072
2,094
2,160
Return on Invested Capital (%)
6.52
6.18
5.26
3.98
4.28
3.8
1.76
0.47
6.37
2.08
- -
2.32
0.03
2.84
Return on Capital (%)
6.89
6.39
5.46
5.08
4.43
4.64
1.7
-5.59
9.84
5.24
- -
2.55
0.2
3.06
Return on Common Equity (%)
8.52
8.2
7.09
6.82
6.34
6.67
2.25
-10.13
14.66
7.87
2.57
3.23
0.25
4.23

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
538
726
869
LT Borrowings
434
406
363
LT Finance Leases
7
6
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
128
128
128
Market Capitalization
5,457
6,105
11,304

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,040
1,123
1,299
Cash, Cash Equivalents & STI
126
150
170
Accounts Receivable, Net
467
528
635
Inventories
249
279
328
Total Current Liabilities
971
1,095
1,265
Payables & Accruals
- -
- -
- -
ST Debt
538
726
869
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.3%
10.71%
1.07%
Free Cash Flow
-186.32%
36.11%
442.91%
Net Income, GAAP
-97.84%
-79.44%
-91.91%
Sales/Revenue/Turnover
0.21%
3.65%
-5.46%
Total Cash Common Dividend
- -
- -
76.38%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
456
535
591
501
2,083
2025
452
519
515
484
1,969
2026
519
638
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.22
0.22
0.07
0.51
2025
-0.05
0.06
0.02
0.01
0.04
2026
0.28
0.38
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.29
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chih Shun Chiang
Full Time Employees
298
Sector
Process industries
Industry
Chemicals: specialty
Address
No.15, Gongye 5th Road Taoyuan TP Taiwan 328
IPO Date
Sep 11, 2000
Website
chciw.com.tw
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Business
Chung Hwa Chemical Industrial Works, Ltd. (1727.TW) manufactures and sells basic, specialty, electronic, and water treatment chemicals primarily in Taiwan and internationally. The company offers basic chemicals such as acids, alkalis, phosphates, sulfuric acid, chlorosulfonic acid, aluminum sulfate, and sodium silicate for applications including water treatment, detergents, papermaking, textiles, and printed circuit boards (PCBs); specialty chemicals including reactive UV absorbers, polymer additives, sulfonated monomers, catalysts, thermal paper materials, and surface active agents for dyes, plastics, chemical textiles, integrated circuit (IC) wafers, display panels, electronics, and photoelectric markets; electronic chemicals such as solvents, strippers/polymer removers, thinners, and metal etchants for etching, cleaning, and liquid transport in the electronics industry; and water treatment and biomass chemicals. Founded in 1956 and headquartered at No. 15, Gongye 5th Road, Guanyin District, Taoyuan City, Taiwan, the company operates in the commodity chemicals industry, serving sectors like semiconductors, electronics, plastics, and textiles with approximately 298-337 employees and exports to Asia, the United States, and Europe. In recent years, Chung Hwa Chemical Industrial Works expanded into organic specialty chemicals through a 1995 merger and acquisition with a major client, broadening its scope to dyestuffs, plastics, chemical fibers, wafers, and substrates while investing in R&D talent, production technology, analytical instruments, and facilities; the company also maintains focus on high-purity chemicals amid growing semiconductor demand and released its 2024 Sustainability Report covering economic, environmental, and social performance.