1. Taiwan Stocks

  2. •

    Finance

  3. •

    Real estate development
Hiyes International Co., Ltd.

Hiyes International Co., Ltd.

TTWSE:2348
69.50
TWD
-0.80
(-1.14%)
5.11EPS
14.33P/E
10.92BMarket Cap
Nov 16Next 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
6.54
13.12
6.5
3.18
5.58
8.01
12.27
24.73
39.84
31.96
49.08
64.04
46.15
45.37
Basic EPS, GAAP
2.54
2.5
0.64
0.08
1.29
3.27
4
9.16
10.39
5.86
10.48
14.04
6.82
4.79
Free Cash Flow per Basic Share
-3.03
-0.41
2.69
1.32
2.04
-0.41
-8.51
-3.84
-28.24
-7.97
14.22
-38.83
-6.77
-11.27
Dividend per Share
- -
- -
0.3
- -
- -
2.18
2.3
2.66
4.25
4.76
3.97
5.42
8.87
- -
Book Value per Share
5.11
7.74
8.1
8.18
9.54
10.61
12.89
21.37
34.76
36.57
44.73
55.95
50.47
46.61
Tangible Book Value per Share
5.11
7.74
8.1
8.18
9.54
10.61
12.88
21.35
34.65
36.48
44.63
55.86
50.38
46.51
Basic Weighted Avg Shares
133
141
141
141
141
141
141
152
160
159
158
159
159
159
Sales/Revenue/Turnover
873
1,851
917
449
788
1,130
1,734
3,747
6,356
5,092
7,755
10,161
7,353
7,223
Operating Margin (%)
39.25
19.75
13.04
6.43
25.85
39.5
33.56
43.56
38.05
31.1
24.28
26.84
24.38
19.68
Depreciation Expense
1
2
1
- -
- -
- -
3
13
15
17
16
15
17
16
Net Income, GAAP
338
353
91
11
183
462
565
1,388
1,658
934
1,655
2,228
1,087
762
Effective Tax Rate (%)
- -
- -
12
44.43
5.41
2.53
17.11
19.92
23.96
30.06
20.26
21.01
27.7
28.97
Profit Margin (%)
38.77
19.09
9.93
2.37
23.18
40.87
32.59
37.03
26.09
18.35
21.35
21.93
14.78
10.55
Working Capital
802
1,720
1,376
910
1,188
1,041
3,005
4,886
11,772
13,265
15,112
20,126
21,018
21,094
LT Debt
148
945
530
148
194
46
1,736
2,256
10,181
11,554
12,292
19,819
22,717
23,678
Total Equity
714
1,066
1,114
1,124
1,318
1,456
1,823
3,359
6,244
6,731
8,356
10,590
10,518
9,865
Return on Invested Capital (%)
55.06
22.11
5.25
0.9
11.8
23.22
14.65
21.17
13.37
4.84
5.94
6.52
3.22
2.35
Return on Capital (%)
55.2
22.28
5.53
0.84
11.02
24.65
17.34
22.65
12.39
4.99
6.87
7.05
3.37
2.66
Return on Common Equity (%)
96.04
40.9
8.55
0.97
15.34
34.11
35.47
55.43
38.89
17.33
27.06
29.28
13.15
10.21

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,353
11,118
10,520
LT Borrowings
19,721
20,027
20,902
LT Finance Leases
2,996
3,016
2,775
Preferred Equity and Hybrid Capital
300
300
300
Shares Outstanding
159
159
159
Market Capitalization
12,260
11,547
10,925

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
35,453
36,707
37,531
Cash, Cash Equivalents & STI
5,944
4,982
5,400
Accounts Receivable, Net
1,158
837
1,035
Inventories
25,611
28,092
28,210
Total Current Liabilities
14,435
15,833
16,438
Payables & Accruals
- -
- -
- -
ST Debt
9,353
11,118
10,520
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.2%
28.78%
-0.68%
Free Cash Flow
170.5%
-25.99%
-82.49%
Net Income, GAAP
188.42%
7.28%
-51.23%
Sales/Revenue/Turnover
34.28%
21.08%
-27.63%
Total Cash Common Dividend
- -
32.86%
64.42%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,280
1,662
1,900
4,319
10,161
2025
1,718
1,528
1,169
2,938
7,353
2026
1,308
1,808
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.82
3.1
3.69
1.14
14.04
2025
2.24
1.16
0.34
3.08
6.82
2026
0.15
1.21
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.42
2025
- -
- -
- -
- -
8.87
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hsi Wen Huang
Full Time Employees
186
Sector
Finance
Industry
Real estate development
Address
No. 260, Dunhua North Road Taipei TP Taiwan
IPO Date
Jan 5, 1996
Website
hiyes-group.com.tw
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Business
Hiyes International Co., Ltd. (2348.TW) is a Taiwan-based company principally engaged in real estate agency, brokerage, consignment sales and development; its core offerings include pre-sale housing, new homes, remaining inventory homes, general offices, land parcels and parking spaces, complemented by product planning and recommendations, integrated marketing services, transaction intermediary transfers, engineering construction, architectural design, interior decoration, building materials supply, water and electricity configuration, financing, appraisal and bookkeeping services. The company, formerly known as Veutron Corp., changed its name in April 2013 and maintains headquarters at No. 260, Dunhua North Road, Songshan District, Taipei, Taiwan, with primary operations across Taiwan and broader Asia. Recent developments encompass winning a bid with a partner for a Taipei Metro-related land project in an NT$1.11 billion deal in April 2025, alongside reporting first-quarter earnings for the period ended March 31, 2025, and sustained revenue growth in its property consignment and construction segments through 2024.