1. Taiwan Stocks

  2. •

    Consumer durables

  3. •

    Homebuilding
Hung Ching Development & Construction Co. Ltd

Hung Ching Development & Construction Co. Ltd

TTWSE:2527
48.15
TWD
-0.75
(-1.53%)
5.59EPS
7.14P/E
10.65BMarket Cap
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
9.14
19.01
11.28
2.85
0.68
17.35
24.52
13.26
26.7
5.3
8.85
27.76
2.52
20.09
Basic EPS, GAAP
1.26
3.38
2.68
0.24
0.13
1.6
2.84
1.49
6.19
1.17
2.22
4.86
0.93
5.7
Free Cash Flow per Basic Share
-10.31
8.32
-0.96
-12.98
-9.02
4.97
15.6
5.61
3.94
-10.78
-10.7
13.56
-3.76
12.39
Dividend per Share
0.65
0.8
1.5
1.1
0.8
0.8
1.2
1.8
1.4
3
1
1.5
2
- -
Book Value per Share
21.25
27.05
28.16
25.75
27.62
25.13
30.95
30.34
39.38
35.42
43.62
51.48
65.52
140.7
Tangible Book Value per Share
21.25
27.05
28.16
25.73
27.61
25.13
30.95
30.34
39.37
35.42
43.62
51.48
65.52
140.7
Basic Weighted Avg Shares
262
262
262
262
262
262
262
262
262
262
262
262
262
261
Sales/Revenue/Turnover
2,391
4,977
2,953
747
178
4,542
6,418
3,472
6,990
1,388
2,315
7,265
659
5,252
Operating Margin (%)
13.08
16.99
11.44
6.84
-33.67
12.75
13.75
15
25.06
12.89
15.48
18.75
2.68
22.5
Depreciation Expense
50
52
54
53
55
105
141
139
129
150
143
134
143
141
Net Income, GAAP
330
885
702
64
34
419
742
391
1,619
305
580
1,272
245
1,490
Effective Tax Rate (%)
9.26
8.77
20.04
51.51
61.38
26.66
16.07
26.61
10.42
26.42
14.76
14.18
25.64
11.52
Profit Margin (%)
13.78
17.78
23.76
8.56
19.05
9.22
11.56
11.27
23.16
21.98
25.05
17.51
37.14
28.38
Working Capital
4,324
5,050
5,841
6,460
1,837
4,541
2,935
2,312
2,818
2,428
3,434
3,273
3,879
4,482
LT Debt
3,207
3,207
3,609
4,408
- -
4,761
2,727
2,031
1,834
1,861
2,887
1,742
3,401
3,551
Total Equity
6,217
7,769
8,056
7,390
7,645
6,973
8,480
8,304
10,653
9,599
11,825
13,860
17,515
37,187
Return on Invested Capital (%)
2.09
5.19
1.78
0.15
-0.12
2.15
4.17
2.38
9.66
0.73
1.33
4.39
0.05
2.85
Return on Capital (%)
2.9
6.3
4.81
0.51
0.3
2.79
4.91
3.09
10.59
2.24
3.24
5.88
1.73
4.84
Return on Common Equity (%)
5.93
13.56
9.4
0.88
0.48
6.07
10.11
4.88
17.75
3.12
5.61
10.22
1.6
6.09

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,159
6,677
6,861
LT Borrowings
3,401
3,359
3,551
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
262
262
262
Market Capitalization
7,604
7,578
10,654

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,908
13,282
13,639
Cash, Cash Equivalents & STI
1,376
1,539
1,149
Accounts Receivable, Net
11
10
20
Inventories
11,274
8,515
9,209
Total Current Liabilities
12,029
8,514
9,157
Payables & Accruals
- -
- -
- -
ST Debt
10,159
6,677
6,861
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.11%
17.03%
26.37%
Free Cash Flow
46.34%
-151.64%
-127.72%
Net Income, GAAP
138.61%
72.29%
-80.77%
Sales/Revenue/Turnover
250.17%
42.17%
-90.93%
Total Cash Common Dividend
- -
21.75%
33.33%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
429
459
690
5,687
7,265
2025
177
5
279
198
659
2026
4,589
186
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.03
1.26
3.52
4.86
2025
-0.68
-0.09
1.37
0.34
0.93
2026
3.45
0.54
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chia Pei Chou
Full Time Employees
125
Sector
Consumer durables
Industry
Homebuilding
Address
420 Keelung Road Taipei TP Taiwan
IPO Date
Mar 6, 1995
Website
asehcc.com.tw
Similar Companies
Lennar Corporation (NYSE:LEN)
Anant Raj Ltd. (NSE:ANANTRAJ)
D.R. Horton, Inc. (NYSE:DHI)
Orascom Development Egypt (S.A.E) (EGX:ORHD)
Springview Holdings Ltd (NASDAQ:SPHL)
Heliopolis Housing (EGX:HELI)
Business
Hung Ching Development & Construction Co., Ltd. (2527.TW) engages primarily in real estate development, construction, leasing, and sales of residential and commercial properties in Taiwan and China. The company develops and offers buildings, villas, apartments, shops, offices, leisure facilities, parking spaces, exhibition spaces, and factories; it also provides property management consulting, household appliance retail, and department store operations. Founded on December 19, 1986 by Hung Ying Chang Yao and headquartered at 10th Floor, 420 Keelung Road, Section 1, Taipei City, Taiwan, it listed on the Taiwan Stock Exchange in 1995 and operates through segments including real estate development, construction, leasing, and others. In August 2024, the company sold its K18 facility to ASE Technology in a strategic acquisition; it also signed a joint development, construction, and sales agreement with Wealthy Joy Co., Ltd., reflecting ongoing partnerships and asset optimization amid strong property sales growth to NT$6.92 billion in 2024.