King's Town Construction Co., Ltd.

King's Town Construction Co., Ltd.

TTWSE:2524
33.20
TWD
-0.45
(-1.34%)
0.82EPS
43.19P/E
12.96BMarket Cap
Nov 05Next 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
12.48
8.46
4.54
6.83
10.9
8.58
15.94
23.06
17.92
9.15
6.91
25.13
10.01
6.01
Basic EPS, GAAP
4.08
2.54
0.61
1.49
2.02
1.29
4.41
4.48
4.54
2.73
1.2
7.67
1.71
0.82
Free Cash Flow per Basic Share
-11.87
-6.17
-3.45
-1.88
-1.77
-1.15
0.09
13.59
-0.44
-1.68
-3.75
4.29
0.22
-5.34
Dividend per Share
- -
- -
0.78
- -
- -
2
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
25.42
27.97
27.79
29.27
31.29
30.58
34.88
39.5
44.02
46.81
47.99
55.66
57.45
58.11
Tangible Book Value per Share
24.91
27.47
27.31
28.79
30.82
30.12
34.43
39.04
43.58
46.37
47.57
55.25
57.05
57.71
Basic Weighted Avg Shares
383
384
384
384
384
384
376
376
371
370
369
369
367
368
Sales/Revenue/Turnover
4,784
3,248
1,741
2,621
4,185
3,298
5,990
8,668
6,657
3,384
2,554
9,283
3,675
2,214
Operating Margin (%)
39.48
39.07
27.04
29.15
23.63
20.1
32.47
25.09
31.15
40.79
31.53
37.28
31.51
30.11
Depreciation Expense
3
1
1
- -
47
71
73
74
75
74
77
76
74
74
Net Income, GAAP
1,564
976
234
572
775
497
1,657
1,685
1,687
1,010
442
2,832
629
302
Effective Tax Rate (%)
14.38
18.27
34.01
10.14
9.51
9.09
8.13
12.83
12.42
12.94
10.66
9.84
21.53
11.39
Profit Margin (%)
32.68
30.03
13.41
21.81
18.52
15.08
27.65
19.44
25.35
29.84
17.31
30.5
17.11
13.63
Working Capital
9,467
11,331
11,653
13,886
15,602
16,737
19,599
20,549
24,043
23,794
26,336
30,704
24,776
28,353
LT Debt
140
1,083
1,561
3,404
4,599
5,909
7,158
6,925
8,670
7,445
9,510
10,980
4,571
7,911
Total Equity
9,748
10,723
10,667
11,240
12,024
11,761
13,423
14,662
16,366
17,275
17,728
20,561
21,026
21,266
Return on Invested Capital (%)
8.03
4.15
1.12
2.37
2.97
1.93
5.47
5.88
5.69
3.58
2.05
8.22
2.3
1.49
Return on Capital (%)
8.19
4.22
1.14
2.42
3.04
1.99
5.65
5.92
5.83
3.62
2.08
8.27
2.38
1.59
Return on Common Equity (%)
17.44
9.53
2.18
5.22
6.66
4.18
13.16
12
10.88
6
2.53
14.79
3.02
1.43

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,164
13,209
10,432
LT Borrowings
4,494
4,312
7,834
LT Finance Leases
77
77
76
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
366
366
366
Market Capitalization
15,627
13,706
12,956

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
39,057
38,992
39,686
Cash, Cash Equivalents & STI
1,704
1,416
777
Accounts Receivable, Net
24
31
33
Inventories
36,513
36,638
37,890
Total Current Liabilities
14,280
14,276
11,334
Payables & Accruals
- -
- -
- -
ST Debt
13,164
13,209
10,432
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.16%
7.61%
2.26%
Free Cash Flow
1,412.64%
-0.99%
-94.93%
Net Income, GAAP
74.59%
73.31%
-77.8%
Sales/Revenue/Turnover
32.15%
21.24%
-60.41%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
892
1,295
1,253
5,843
9,283
2025
1,893
876
503
403
3,675
2026
657
652
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.95
1.05
5.12
7.67
2025
1.49
0.02
0.21
-0.02
1.71
2026
0.36
0.27
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Tien Tsan Tsai
Full Time Employees
42
Sector
Consumer durables
Industry
Homebuilding
Address
No. 150, Bo'ai 2nd Rd. Kaohsiung City KH Taiwan 813
IPO Date
Oct 18, 1994
Business
King's Town Construction Co., Ltd. is a Taiwan-based company primarily engaged in real estate development, including the construction, sale, and leasing of residential buildings, commercial buildings, and car parks. The company also operates in the hotel and restaurant sectors through its subsidiaries. Its key projects include developments such as JUDAN, SHUISENLIN, HULIFANG, and TIANFENG. The company operates mainly in southern Taiwan, with business activities concentrated in Kaohsiung City, Tainan County, and Pingtung County. Founded in 1982 and headquartered in Kaohsiung, King's Town Construction is publicly listed on the Taiwan Stock Exchange under the ticker 2524.TW. The company's product portfolio comprises construction and development of residential and commercial real estate properties; leasing and sales of these properties; and management of hospitality services through hotel and restaurant operations. Additionally, it provides rezoning agency services. Recent company developments include strategic expansion in construction projects within Taiwan, as well as operational enhancements in related hospitality businesses. King's Town Construction continues to consolidate its market presence in the southern Taiwan region through ongoing projects and strategic property management improvements. King's Town Construction covers the real estate and hospitality industries with a customer base that includes property buyers, tenants, and hospitality clients in Taiwan. The company maintains a workforce of approximately 200 employees and strives to strengthen its competitive positioning by leveraging its integrated real estate development and hospitality services. It is known for its focus on quality residential and commercial projects, supported by local expertise and long-standing market presence in the region. The company is headquartered at 16F-2, No. 120 Chung Cheng 1st Road, Lingya District, Kaohsiung, Taiwan. The company underwent a name change from its former identity as Wei Cheng Construction Co., Ltd. It has focused on enhancing sales channels and market positioning in recent years, maintaining a stable financial performance with a revenue around 9 billion TWD and consistent net income. It continues to invest in residential, commercial, and ancillary service developments, reinforcing its foothold in Taiwan's real estate sector. In summary, King's Town Construction Co., Ltd. specializes in the development, construction, leasing, and sales of residential, commercial, and parking properties primarily in southern Taiwan, complemented by hotel and restaurant operations. Founded in 1982 and headquartered in Kaohsiung, the company is advancing its projects and service offerings with a focus on regional growth and integrated hospitality services, reflecting its strategic priorities and operational enhancements within the last 1-2 years.