1. Taiwan Stocks

  2. •

    Consumer durables

  3. •

    Homebuilding
Hung Sheng Construction Co., Ltd.

Hung Sheng Construction Co., Ltd.

TTWSE:2534
16.05
TWD
-0.10
(-0.62%)
0.05EPS
312.68P/E
7.78BMarket Cap
Hung Sheng Construction Co., Ltd.
TWSE:2534
(Taiwan Stock Exchange)

Recent

price

16.05

P/E

ratio

312.68

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
5.4
1.18
0.19
1.83
2.15
3.32
7.14
14.26
13.53
8.36
5.09
8.19
14.73
5.4
4.46
10.02
2.43
Revenue per Share
2.32
1.91
0.62
-0.32
-0.52
0.89
1.91
5.71
5.08
1.89
1.12
1.78
4.15
1.1
0.63
2.06
0.05
Basic EPS, GAAP
-3.87
-2.1
-4.95
-3.03
-2.48
-2.23
-3.11
3.5
4.09
6
-8
2.06
9.46
-0.31
0.83
1.09
-3.38
Free Cash Flow per Basic Share
0.36
1.96
1.56
- -
- -
- -
0.65
1.29
2.08
- -
0.54
1
1.2
1.75
1
1
- -
Dividend per Share
24.07
23.45
22.74
20.99
19.25
19.77
21.14
25.89
29.87
29.55
27.53
28.46
31.56
31.05
30.84
31.83
30.28
Book Value per Share
24.06
23.45
22.74
20.99
19.25
19.77
21.14
25.81
29.79
29.48
27.47
28.4
31.51
31
30.79
31.78
30.23
Tangible Book Value per Share
470
468
454
452
452
452
452
457
591
707
545
473
473
473
473
473
477
Basic Weighted Avg Shares
2,535
552
85
830
973
1,504
3,232
6,509
8,001
5,912
2,772
3,876
6,968
2,553
2,108
4,741
1,158
Sales/Revenue/Turnover
38.36
20.6
-123.43
-38.88
-4.72
40.45
36.31
39.15
37.96
25.72
26.33
27.11
31.91
26.38
24.33
25.29
29.58
Operating Margin (%)
14
14
13
12
12
12
12
30
52
54
53
53
65
73
85
86
87
Depreciation Expense
1,088
892
279
-145
-237
401
862
2,608
3,005
1,338
610
844
1,965
521
298
974
25
Net Income, GAAP
2.75
1.4
7.05
- -
- -
7.32
12.41
4.67
2.8
13.54
7.17
4.23
3.33
13.68
9.73
0.48
60
Effective Tax Rate (%)
42.92
161.6
327
-17.52
-24.38
26.68
26.69
40.06
37.56
22.63
22.01
21.78
28.2
20.4
14.13
20.55
2.17
Profit Margin (%)
11,365
11,957
11,170
9,106
9,128
10,481
9,451
7,624
6,472
10,061
8,025
5,164
5,917
3,860
6,547
4,306
3,331
Working Capital
3,129
3,554
3,537
2,296
4,120
5,395
4,091
2,680
1,710
6,003
5,110
4,810
5,259
3,674
6,523
3,686
3,430
LT Debt
11,307
10,690
10,289
9,496
8,711
8,946
9,562
12,244
14,128
13,976
13,024
13,460
14,927
14,685
14,585
15,055
14,322
Total Equity
5.78
4.65
1.73
- -
- -
2.47
4.15
9.05
10.5
4.96
2.47
3.25
7.29
2.04
1.57
4.04
0.47
Return on Invested Capital (%)
5.95
4.81
1.85
- -
- -
2.62
4.14
10.26
11.16
5.38
2.73
3.38
7.46
2.36
1.81
4.16
0.43
Return on Capital (%)
10.04
8.11
2.66
-1.47
-2.61
4.55
9.32
23.92
22.79
9.52
4.52
6.37
13.85
3.52
2.04
6.58
0.17
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,998
11,169
11,843
LT Borrowings
3,660
3,660
3,410
LT Finance Leases
26
23
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
473
473
473
Market Capitalization
9,838
9,389
7,781

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,900
16,938
17,564
Cash, Cash Equivalents & STI
1,455
1,285
1,422
Accounts Receivable, Net
4
20
15
Inventories
14,096
14,273
14,694
Total Current Liabilities
12,594
12,650
14,233
Payables & Accruals
- -
- -
- -
ST Debt
10,998
11,169
11,843
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.76%
3.03%
3.22%
Free Cash Flow
-45.61%
-41.23%
30.52%
Net Income, GAAP
50.46%
56.41%
227.15%
Sales/Revenue/Turnover
32.37%
32.75%
124.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
363
300
308
1,137
2,108
2025
1,834
2,255
296
355
4,741
2026
209
297
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
-0.12
0.02
0.63
0.63
2025
1.01
0.82
0.03
0.21
2.06
2026
-0.02
-0.16
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.91
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
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Business
Hung Sheng Construction Co Ltd (2534:TT) engages primarily in the construction, sale and leasing of residential and commercial buildings in Taiwan; the company operates through three segments including sales real estate for residential and commercial properties, construction engineering for residential and office buildings, and leasing of investment real estate, with a portfolio featuring office buildings and premium residential communities in central Taipei areas accessible to public transportation; founded in 1975 and headquartered at 19F-5, No 156, Section 3, Minsheng East Road, Songshan District, Taipei, it employs 85 people and generates revenue mainly from Taipei. Recent developments include the November 2023 acquisition of real estate from related parties and a proposed sale of company parking spaces to related parties, alongside an agreement to acquire an additional 68.6% stake in Cooperative Construction Co Ltd for approximately TWD 680 million; the company reported third quarter 2025 earnings per share of NT$0.03 versus NT$0.022 in the prior year, reflecting ongoing operational stability amid a competitive real estate market.