1. Cayman Islands Stocks

  2. •

    Producer manufacturing

  3. •

    Auto parts: OEM
Horng Shiue Holding Co., Ltd.

Horng Shiue Holding Co., Ltd.

TTWSE:2243
56.50
TWD
-1.50
(-2.59%)
1.16EPS
48.98P/E
4.41BMarket Cap
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
48.43
62.52
64.18
55.18
48.39
39.94
16.9
33.44
37.61
25.68
27.55
25.07
28.17
Basic EPS, GAAP
1.4
3.58
3.71
1.11
-0.8
-2.96
-6.36
-1.77
-0.63
-2.21
0.24
1.22
1.16
Free Cash Flow per Basic Share
1.51
1.93
-0.67
-10.71
-3.42
-2.19
-1.11
5.9
0.69
-0.07
4.55
0.61
2.54
Dividend per Share
1.45
- -
- -
0.94
0.49
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
48.4
62.47
22.94
23.71
22.66
17.63
11.78
10.4
10.43
9.78
10.73
11.63
13.85
Tangible Book Value per Share
47.29
61.27
22.78
23.26
22.28
17.39
11.63
10.24
10.31
9.68
10.64
11.55
13.75
Basic Weighted Avg Shares
31
31
33
39
43
44
45
45
45
65
69
69
70
Sales/Revenue/Turnover
1,488
1,921
2,089
2,160
2,061
1,767
758
1,500
1,698
1,675
1,912
1,739
1,963
Operating Margin (%)
6.1
8.67
7.53
4.22
3.28
-0.6
-35.08
-4.53
-0.37
-6.66
1.61
6.47
4.99
Depreciation Expense
92
92
98
84
86
78
69
116
114
111
102
97
101
Net Income, GAAP
43
110
121
44
-34
-131
-285
-79
-29
-144
17
85
81
Effective Tax Rate (%)
14.03
18.64
11.13
36.61
- -
- -
- -
- -
- -
- -
44.17
4.91
0.01
Profit Margin (%)
2.89
5.72
5.78
2.01
-1.66
-7.42
-37.6
-5.3
-1.69
-8.62
0.88
4.86
4.13
Working Capital
-303
-167
306
353
968
780
-248
-208
41
198
418
363
717
LT Debt
29
2
- -
22
673
724
663
654
365
234
330
172
280
Total Equity
372
480
869
1,010
965
825
551
491
491
679
744
807
1,072
Return on Invested Capital (%)
- -
11.03
9.63
3.38
- -
- -
- -
- -
- -
- -
1.21
5.95
5.58
Return on Capital (%)
- -
10.97
10.65
3.71
- -
- -
- -
- -
- -
- -
2.12
6.52
6.09
Return on Common Equity (%)
- -
25.82
17.89
4.63
-3.45
-14.64
-41.4
-15.25
-5.83
-24.68
2.35
10.91
9.28

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
658
550
558
LT Borrowings
42
130
175
LT Finance Leases
130
137
105
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
77
Market Capitalization
794
1,512
4,410

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,766
2,601
2,874
Cash, Cash Equivalents & STI
478
447
591
Accounts Receivable, Net
323
433
430
Inventories
1,557
1,507
1,544
Total Current Liabilities
2,402
2,072
2,156
Payables & Accruals
- -
- -
- -
ST Debt
658
550
558
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.06%
9.08%
8.48%
Free Cash Flow
-688.59%
-1,685.38%
-86.54%
Net Income, GAAP
73.07%
112.36%
405.5%
Sales/Revenue/Turnover
5.11%
22.99%
-9.02%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
177
673
385
676
1,912
2025
200
538
368
633
1,739
2026
558
404
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.14
0.04
-0.37
0.42
0.24
2025
-0.61
0.99
-0.49
1.33
1.22
2026
0.66
-0.33
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Wei Yuan Lin
Full Time Employees
616
Sector
Producer manufacturing
Industry
Auto parts: OEM
Address
The Grand Pavilion Commercial Centre George Town GT Cayman Islands KY1-1208
IPO Date
Sep 27, 2017
Website
horngshiue.com
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Business
HORNG SHIUE HOLDING Co., Ltd. is a Cayman Islands-based company primarily engaged in the research, development, production, and sale of automotive sheet metal stamping dies and gauges. The company designs and manufactures sheet metal dies for car bodies, including structural dies and check tools for inspection of sheet metal parts. Its main product range covers car structure dies for domestic self-brands as well as middle and small-scale sheet metal dies; non-key large and medium-scale sheet metal dies; and sheet metal parts for key components such as side walls, fenders, car doors, motor covers, and top covers. The company targets automotive manufacturing OEMs and suppliers across Asia, South America, Europe, and Africa, serving global automotive markets. HORNG SHIUE was founded in 2015 and is headquartered in New Taipei City, Taiwan. Recent operational developments include expanding sales with overseas customers and increasing the proportion of export product sales, notably in Asia and Europe. In 2024, the company reported growing revenue driven by automotive sheet metal mold manufacturing, reflecting ongoing demand in electric and traditional vehicle markets. HORNG SHIUE has also undergone board changes in 2025 to strengthen corporate governance. While strategic partnerships or acquisitions within the last two years are not explicitly detailed in publicly available sources, the company continues to emphasize technological upgrades and expansion of production capacity to meet evolving automotive industry needs. The company maintains a broad industrial machinery and equipment business segment related to automotive manufacturing, emphasizing advanced manufacturing technologies such as 3D solid design, high-speed machining centers, and digital measurement technologies to ensure precision and quality in production. With over 600 employees, HORNG SHIUE services a diversified customer base including major automotive OEMs like Ford, Honda, Toyota, Nissan, and BMW, with production facilities and sales operations extending in key automotive regions globally. HORNG SHIUE HOLDING Co., Ltd. represents a significant player in automotive sheet metal die manufacturing, focusing on high-precision tooling for body-in-white parts and continuing to pursue export market growth and operational efficiency enhancements as its principal recent business activities.