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Hsin Yung Chien Co., Ltd.

Hsin Yung Chien Co., Ltd.

TTWSE:2114
89.00
TWD
0.00
(0.00%)
5.84EPS
15.14P/E
6.92BMarket Cap
Hsin Yung Chien Co., Ltd.
TWSE:2114
(Taiwan Stock Exchange)

Recent

price

89.00

P/E

ratio

15.14

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
24.58
25.18
28.56
23.32
27.63
23.49
20.03
20.95
23.64
21.27
20.47
24.85
23.67
19.98
18.8
20.47
21.07
Revenue per Share
3.65
4.75
5.89
5.6
6.35
5.37
4.49
4.35
5.06
5.12
6.71
12.42
5.03
6.02
5.11
5.78
5.86
Basic EPS, GAAP
1.73
5.83
5.1
4.16
5.93
5.42
4.81
1.35
5.07
6.55
3.51
4.66
5.94
3.8
5.13
7.5
8.39
Free Cash Flow per Basic Share
1.04
2.34
3.15
3.94
3.94
4.33
4.33
4.33
4.33
4.33
4.55
4.55
7
5
5
5
- -
Dividend per Share
18.21
20.47
23.2
24.94
27.35
28.51
28.65
28.66
29.41
30.12
32.38
40.33
38.5
39.6
39.82
40.67
38.79
Book Value per Share
18.16
20.46
23.19
24.94
27.34
28.5
28.63
28.64
29.39
30.03
32.29
40.27
38.46
39.58
39.8
40.65
38.77
Tangible Book Value per Share
72
78
78
78
78
78
78
78
78
78
78
78
78
78
78
78
78
Basic Weighted Avg Shares
1,780
1,966
2,228
1,819
2,155
1,832
1,562
1,634
1,844
1,659
1,597
1,937
1,846
1,558
1,466
1,596
1,644
Sales/Revenue/Turnover
13.42
18.62
23.57
26.4
26.05
26.29
28.87
27.21
26.23
27.45
31.83
26.92
32.28
33.71
30.28
31.18
31.63
Operating Margin (%)
108
103
81
89
100
108
109
117
104
100
91
96
84
85
99
110
119
Depreciation Expense
265
370
459
437
496
419
350
339
395
400
524
968
392
469
398
451
457
Net Income, GAAP
11.97
5.43
11.06
14.34
17.6
19.13
18.5
17.01
18.91
20.18
15.33
9.1
24
19.57
19.85
19.3
18.61
Effective Tax Rate (%)
14.86
18.85
20.62
24.01
22.99
22.86
22.42
20.74
21.41
24.08
32.8
49.99
21.23
30.11
27.16
28.25
27.8
Profit Margin (%)
603
773
811
864
962
1,011
1,061
1,053
1,155
1,204
1,339
1,958
1,761
1,919
1,895
1,958
1,812
Working Capital
165
146
58
52
- -
- -
- -
- -
- -
- -
- -
- -
156
336
278
200
161
LT Debt
1,407
1,596
1,809
1,945
2,133
2,226
2,234
2,235
2,294
2,349
2,525
3,146
3,003
3,089
3,105
3,172
3,025
Total Equity
16.53
18.8
23.42
18.96
20.11
16.52
15.24
14.63
15.59
14.66
16.67
15.83
13.52
12.11
9.93
11.22
11.97
Return on Invested Capital (%)
15.81
20.58
23.46
20.57
22.11
18.27
14.87
13.67
16.01
16.47
20.69
32.76
11.9
13.74
11.3
12.83
13.21
Return on Capital (%)
21.21
24.67
26.98
23.26
24.3
19.23
15.71
15.17
17.44
17.21
21.49
34.15
12.75
15.4
12.86
14.37
14.64
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
164
149
148
LT Borrowings
200
181
161
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
78
Market Capitalization
7,058
6,871
6,918

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,361
2,447
2,568
Cash, Cash Equivalents & STI
1,911
2,038
2,086
Accounts Receivable, Net
150
160
205
Inventories
264
227
239
Total Current Liabilities
403
378
756
Payables & Accruals
- -
- -
- -
ST Debt
164
149
148
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.85%
5.12%
2.14%
Free Cash Flow
27.97%
21.07%
46.06%
Net Income, GAAP
7.24%
8.65%
13.25%
Sales/Revenue/Turnover
-0.71%
0.8%
8.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
337
363
364
403
1,466
2025
355
396
- -
439
1,596
2026
388
421
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.25
1.2
1.32
1.33
5.11
2025
1.45
1.15
- -
1.64
5.78
2026
1.41
1.66
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
- -
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Business
Hsin Yung Chien Co., Ltd. manufactures and sells rubber conveyor belts, rubber sheets, hot-pressing cushion pads, and composite materials in Taiwan and internationally. The company offers transmission belts; inflatable rubber dam products; straight warp, chevron, and Kevlar conveyor belts; specialty conveyor belts including heat-, oil-, flame-, abrasion-, cold-, and chemical-resistant types; light-duty conveyor belts such as rough top, impression, bare bottom, diamond, and thin cover belts; steel cord conveyor belts comprising general, RIP stop, special steel cord, and IW steel mesh types; pipe, rip stop, side wall, EP/NN, seal, and bucket elevator belts under the KING brand; electronic-grade and solar panel hot-pressing cushion pads under the Silieet brand; and thermoplastic carbon fiber composite materials for bike frames, rims, car parts, bicycle parts, and consumer goods under the Newsheet brand. Its conveyor belts serve green energy hydropower, mining, steel, power plants, transportation, agriculture, logistics, and manufacturing industries. Founded in 1964 and headquartered in Nantou City, Taiwan, the company, formerly Hsin Yung Chien Industrial Co., Ltd., changed its name in 2003. Hsin Yung Chien maintains ISO 9001, 14001, 45001, and 50001 certifications and focuses on eco-friendly innovations including low-carbon conveyor belts, rubber dams for water storage and power generation, and recyclable thermoplastic composites to replace aluminum alloys. In recent years, it has advanced production lines for thermoplastic carbon bike frames and rims with major U.S. and European bicycle brands, showcased Newsheet technologies for drones, e-bikes, hydrogen tanks, fuel cells, and electric vehicle components at 2025 trade shows such as JEC World and Intelligent Asia Thailand, and emphasized sustainable development in polymer composites and high-value rubber products.