Lu Hai Holding Corp.

Lu Hai Holding Corp.

TTWSE:2115
24.25
TWD
-0.15
(-0.61%)
1.98EPS
10.30P/E
2.15BMarket Cap
Nov 09Next 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
26.95
26.49
23.99
24.98
25.36
25.19
26.03
24.93
32.55
29.13
24.84
29.95
28.54
30.83
Basic EPS, GAAP
1.2
2.32
2.39
3.05
2.63
2
2.32
5.7
3.83
2.17
1.68
2.05
1.58
2
Free Cash Flow per Basic Share
1.06
-0.12
2.55
2.18
0.96
1.38
-2.3
-3.92
-1.46
3.02
0.28
0.96
1.47
-0.58
Dividend per Share
1.53
0.34
1.51
1.57
0.71
1.18
0.79
1.81
1.3
1.9
1.24
0.95
1.5
- -
Book Value per Share
15.4
17.94
19.74
19.59
21.05
21.34
22.04
26.05
28.35
29.1
29.01
31.32
30.87
31.44
Tangible Book Value per Share
15.35
17.88
19.67
19.5
20.97
21.27
21.98
25.92
28.24
29.01
28.9
31.19
30.75
31.33
Basic Weighted Avg Shares
89
99
103
104
104
104
104
104
104
104
104
104
104
105
Sales/Revenue/Turnover
2,401
2,634
2,475
2,607
2,647
2,629
2,717
2,602
3,398
3,040
2,592
3,126
2,979
3,222
Operating Margin (%)
8.11
11.1
11.41
15.58
14.93
10.44
11.1
12.64
13.9
10.89
7.3
10.3
8.53
8.07
Depreciation Expense
66
71
79
86
89
102
113
124
155
206
208
230
232
241
Net Income, GAAP
107
231
247
318
274
208
242
595
399
227
175
214
165
209
Effective Tax Rate (%)
33.98
22.55
22.45
26.79
30.69
29.85
30.05
28.32
28.3
35.25
46.27
38.34
36.22
35.8
Profit Margin (%)
4.45
8.75
9.96
12.22
10.36
7.93
8.9
22.86
11.75
7.46
6.75
6.83
5.54
6.48
Working Capital
1,031
1,355
1,713
1,709
1,544
1,832
1,387
1,851
1,874
1,506
1,349
1,653
1,553
1,659
LT Debt
60
253
418
424
149
574
481
814
1,020
834
750
820
661
769
Total Equity
1,539
1,793
2,060
2,044
2,197
2,228
2,301
2,719
2,959
3,037
3,027
3,269
3,241
3,297
Return on Invested Capital (%)
7.21
10.53
8.8
11.43
10.05
6.56
7.37
6.88
8.37
5.16
2.43
4.61
3.82
3.75
Return on Capital (%)
6.41
11.15
10.31
12.68
10.49
7.59
8.53
17.78
10.21
5.88
4.83
5.65
4.34
5.23
Return on Common Equity (%)
7.47
13.84
12.79
15.52
12.93
9.42
10.68
23.7
14.06
7.57
5.77
6.78
5.09
6.28

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
201
299
224
LT Borrowings
661
659
769
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
104
104
104
Market Capitalization
2,547
2,254
2,150

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,269
2,550
2,665
Cash, Cash Equivalents & STI
844
899
890
Accounts Receivable, Net
652
709
855
Inventories
679
848
829
Total Current Liabilities
715
943
1,006
Payables & Accruals
- -
- -
- -
ST Debt
201
299
224
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.78%
3.65%
-0.86%
Free Cash Flow
-38.42%
-32.29%
53.31%
Net Income, GAAP
5.37%
-19.91%
-22.65%
Sales/Revenue/Turnover
2.65%
4.24%
-4.72%
Total Cash Common Dividend
13.08%
3.54%
57.5%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
726
813
793
795
3,126
2025
805
748
- -
733
2,979
2026
796
945
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.38
0.65
0.48
0.54
2.05
2025
0.58
0.66
- -
0.1
1.58
2026
0.27
0.97
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.95
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Lien Kai Hsu
Full Time Employees
1,246
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
No.64, Shing-kong 5th Road Changhua TW Taiwan 520
IPO Date
Dec 25, 2013
Business
Luhai Holding Corp. (Ticker: 2115.TW) is a Taiwan-based company primarily engaged in the manufacturing and sale of automotive parts, precision machinery components, and industrial equipment. Its core products and services include automotive suspension systems; shock absorbers; precision mold manufacturing; automotive precision parts; and related engineering services. The company serves original equipment manufacturers (OEMs) and aftermarket clients, operating primarily in Taiwan and extending its market reach in Asia. Founded in 1978 and headquartered in Taiwan, Luhai Holding Corp. operates within the automotive components and precision machinery industry segments. It maintains a focus on innovation in manufacturing technology and quality control to meet the stringent requirements of automotive and industrial clients. The company's product offerings are designed to improve vehicle performance, safety, and reliability. In recent years, Luhai Holding Corp. has undertaken strategic efforts to expand its product portfolio and enhance its technological capabilities. Notable developments within the last one to two years include forging new partnerships with key automotive manufacturers to support development of advanced suspension components and expanding its precision machinery service offerings. The company has also invested in research and development to launch next-generation shock absorber products designed for electric and autonomous vehicles, signaling a strategic shift to align with evolving automotive industry trends. Luhai Holding Corp. is recognized for its commitment to engineering excellence and quality manufacturing processes, with a significant presence in automotive markets across Taiwan and neighboring regions. The company continues to invest in business expansion and operational enhancements to sustain its competitive position and support growth in the evolving automotive supply chain landscape.