Sanitar Co., Ltd.

Sanitar Co., Ltd.

TTWSE:1817
39.70
TWD
0.00
(0.00%)
5.05EPS
7.66P/E
2.80BMarket 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
26.65
26.83
30.35
30.61
31.27
31.59
32.16
31.91
32.92
37.04
34.7
38.64
36.06
36.27
Basic EPS, GAAP
2.54
2.51
3.18
3.4
3.58
3.5
2.48
3.04
3.07
4.04
3.27
4.37
3.61
5.03
Free Cash Flow per Basic Share
2.94
0.15
1.3
3.13
0.99
0.03
1.13
1.75
2.99
4.57
4.15
3.46
5.79
4
Dividend per Share
1.19
1.6
1.8
2
2.2
2.3
2.3
1.71
2
2
2.3
1.8
2.4
- -
Book Value per Share
17.91
19.26
20.57
21.79
22.16
23.41
23.32
23.63
24.69
27.7
27.85
30.94
30.95
31.92
Tangible Book Value per Share
17.88
19.21
20.52
21.76
22.1
23.37
23.23
23.55
24.53
27.5
27.66
30.78
30.82
31.79
Basic Weighted Avg Shares
65
73
73
73
73
73
73
72
72
72
72
72
73
73
Sales/Revenue/Turnover
1,737
1,948
2,203
2,222
2,270
2,293
2,335
2,307
2,373
2,670
2,501
2,790
2,618
2,632
Operating Margin (%)
12.74
12.28
14.5
14.88
14.58
15.19
10.65
12.63
12.19
13.94
11.49
13.47
13.64
14.28
Depreciation Expense
44
48
52
52
54
58
88
110
109
116
113
108
98
96
Net Income, GAAP
166
182
231
247
260
254
180
220
221
291
236
315
262
365
Effective Tax Rate (%)
26.53
24.24
28.17
27.08
24.07
28.9
26.75
24.01
21.85
22.99
22.97
21.4
25.64
21.46
Profit Margin (%)
9.53
9.35
10.49
11.12
11.44
11.08
7.7
9.54
9.33
10.89
9.42
11.3
10.01
13.86
Working Capital
719
722
698
830
844
678
481
573
842
1,051
1,145
1,434
1,442
1,538
LT Debt
23
32
17
- -
- -
- -
63
62
149
90
72
75
62
52
Total Equity
1,301
1,399
1,494
1,582
1,608
1,700
1,693
1,716
1,802
2,024
2,047
2,288
2,292
2,362
Return on Invested Capital (%)
13.09
12.6
15.01
14.91
14.83
13.66
8.98
10.17
10
12.6
9.75
12.41
10.06
12.6
Return on Capital (%)
13.74
13
15.48
15.61
15.57
14.3
9.32
10.64
10.21
13.03
10.6
13.48
10.9
15.27
Return on Common Equity (%)
14.46
13.49
15.98
16.07
16.27
15.36
10.6
12.96
12.71
15.4
11.77
14.82
11.67
16.79

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
107
57
109
LT Borrowings
1
1
1
LT Finance Leases
61
54
51
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
73
73
73
Market Capitalization
2,781
2,806
2,795

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,822
1,873
2,075
Cash, Cash Equivalents & STI
673
746
872
Accounts Receivable, Net
278
275
288
Inventories
773
773
800
Total Current Liabilities
380
305
537
Payables & Accruals
- -
- -
- -
ST Debt
107
57
109
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.46%
6.09%
0.17%
Free Cash Flow
446.83%
33.23%
68.22%
Net Income, GAAP
3.29%
5.99%
-16.82%
Sales/Revenue/Turnover
1.91%
2.9%
-6.17%
Total Cash Common Dividend
- -
- -
34.3%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
576
723
715
777
2,790
2025
617
671
658
672
2,618
2026
612
691
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.93
1.12
1.01
1.31
4.37
2025
0.63
0.91
1.21
0.86
3.61
2026
1.21
1.75
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.8
2025
- -
- -
- -
- -
2.4
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wei Chih Chen
Full Time Employees
1,143
Sector
Producer manufacturing
Industry
Building products
Address
No. 111-8 Xingde Rd. New Taipei TP Taiwan 241
IPO Date
Aug 22, 2011
Business
Sanitar Co., Ltd. (1817.TW) manufactures and sells bathroom fixtures and sanitary ware products. The company offers ceramic sanitary ware including toilets, washbasins, bidets, and urinals; bathtubs and shower systems; faucets and fittings; kitchen sinks; and related accessories such as bathroom cabinets, mirrors, and hardware under the Caesar brand. Sanitar provides complete bathroom solutions encompassing design, production, and installation services for residential, commercial, and public projects. Founded in 1977 and headquartered in Taoyuan, Taiwan, Sanitar operates primarily in the Asia-Pacific region, with manufacturing facilities in Taiwan and distribution networks across Taiwan, China, Southeast Asia, and select international markets targeting construction firms, developers, retailers, and end consumers in the home improvement and building materials sectors. In recent developments, Sanitar expanded its product portfolio with new smart sanitary ware lines incorporating water-saving technologies and IoT-enabled fixtures launched in 2024; formed a strategic partnership with a leading Chinese distributor to enhance market penetration in mainland China; and completed a facility upgrade in Taiwan to boost production capacity by 20% amid rising demand for eco-friendly bathroom solutions.