Ikka Holdings (Cayman) Limited

Ikka Holdings (Cayman) Limited

TTWSE:2250
50.60
TWD
-0.90
(-1.75%)
2.19EPS
23.76P/E
2.27BMarket Cap
Ikka Holdings (Cayman) Limited
TWSE:2250
(Taiwan Stock Exchange)

Recent

price

50.60

P/E

ratio

23.76

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
164
179.46
165.03
161.59
116.87
118.7
118.66
97.16
89.56
Revenue per Share
3.94
5.58
4.9
5.7
3.16
3.88
6.17
3.99
2.63
Basic EPS, GAAP
1.68
8.39
13.23
-1.66
1.72
11.85
10.93
6.39
5.58
Free Cash Flow per Basic Share
- -
- -
- -
3.06
2.81
2.86
3.23
3.33
- -
Dividend per Share
24.18
27.4
38.31
55.86
53.04
52.83
58.26
57.86
55.39
Book Value per Share
24.03
27.3
38.21
55.69
52.92
52.76
58.18
57.78
55.32
Tangible Book Value per Share
21
21
22
26
31
31
31
35
36
Basic Weighted Avg Shares
3,483
3,813
3,624
4,277
3,619
3,645
3,688
3,388
3,237
Sales/Revenue/Turnover
5.11
4.39
4.35
4.94
3.3
4.88
6.11
4.78
2.96
Operating Margin (%)
118
153
164
204
182
182
187
183
185
Depreciation Expense
84
119
108
151
98
119
192
139
95
Net Income, GAAP
47.01
23.5
36.35
26.78
38.71
41.46
34.4
29.13
48.62
Effective Tax Rate (%)
2.4
3.11
2.97
3.53
2.7
3.27
5.2
4.11
2.93
Profit Margin (%)
215
277
435
1,122
1,061
1,089
1,536
1,527
1,431
Working Capital
204
304
348
397
423
396
395
225
345
LT Debt
694
786
1,146
1,657
1,645
1,653
2,047
2,105
2,016
Total Equity
- -
7.65
4.82
6.14
2.84
3.94
5.18
4.01
1.84
Return on Invested Capital (%)
- -
8.51
5.88
5.05
3.27
4.93
8.13
5.87
3.99
Return on Capital (%)
- -
16.03
11.41
11.18
6.02
7.23
10.42
6.74
4.76
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
355
325
297
LT Borrowings
115
106
95
LT Finance Leases
111
299
250
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
2,624
2,183
2,271

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,590
2,520
2,536
Cash, Cash Equivalents & STI
1,420
1,387
1,437
Accounts Receivable, Net
644
606
561
Inventories
358
357
382
Total Current Liabilities
1,063
987
1,105
Payables & Accruals
- -
- -
- -
ST Debt
355
325
297
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
14.2%
2.86%
Free Cash Flow
- -
41.43%
-34.38%
Net Income, GAAP
- -
12.1%
-27.34%
Sales/Revenue/Turnover
- -
-0.72%
-8.12%
Total Cash Common Dividend
- -
- -
15.93%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
847
891
956
967
3,688
2025
874
863
819
845
3,388
2026
802
771
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.46
1.69
1.87
0.91
6.17
2025
1.18
0.97
0.99
0.82
3.99
2026
0.64
0.2
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.23
2025
- -
- -
- -
- -
3.33
2026
- -
- -
- -
- -
- -
Business
IKKA Holdings (Cayman) Limited researches, manufactures and develops precision plastic injection molded parts and modules primarily for the automotive sector; it produces mold products, business machine parts, residential related equipment parts and other components including electrical park brake (EPB) systems, electrical systems, steering systems, car body accessories, flushing nozzle modules, automatic toilet seat cover switch modules, cleaning brush drive modules, bathroom dryer baffle modules, bearing assembly gears, toner mixing gear modules, paging drive gear modules and lens switching drive modules. The company, founded in 1963 and headquartered in George Town, Cayman Islands, operates through subsidiaries including Daiichi Kasei Co., Ltd. (IKKA Japan) in Shimokino-shi, Tochigi, Japan; Dongguan Yihua Precision Zhusu Mould Limited Company (IKKA Dongguan) in China; IKKA Technology (Vietnam) Co., Ltd. (IKKA Vietnam); MAC Technology (Malaysia) Sdn. Bhd. (IKKA Malaysia); IKKA (Hong Kong) Co., Ltd.; Sol-Plus (HK) Co., Limited; Sol-plus Co., Ltd. in Japan; and Hiraiseimitsu (Thailand) Co., Ltd., serving customers such as Toyota, Sumitomo Wiring Systems Ltd., Sumitomo Electric Industries, Hosei Brake and Bosch across Japan, Vietnam, China, Hong Kong, Thailand, Malaysia and other Asian markets. In recent developments, the company completed acquisition of 100% equity in Sol-Plus (HK) Co., Limited and its subsidiaries Sol-plus Co., Ltd. in Japan and Hiraiseimitsu (Thailand) Co., Ltd. in September 2022 to accelerate entry into the electric vehicle supply chain through complementary product and market strengths; established a new Nagoya plant in Japan by end-March 2024 to expand production capacity and build a new energy vehicle R&D center; subscribed to 1,000,000 common shares of JET OPTOELECTRONICS CO., LTD. in August 2022; received Financial Supervisory Commission approval on January 4, 2024 for issuance of NT$250 million in domestic unsecured convertible bonds and 1,820,000 new shares; and continues development of plastic components for electric vehicle motors supplied to Japanese brands with production in Japan and Thailand.