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    Industrial services

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    Engineering & construction
Da-Cin Construction Co., Ltd.

Da-Cin Construction Co., Ltd.

TTWSE:2535
89.20
TWD
+0.70
(+0.79%)
10.11EPS
8.97P/E
23.81BMarket 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
91.92
69.06
72.03
75.56
64.41
75.86
48.2
60.88
57.22
52.87
45.99
56.52
84.93
94.31
Basic EPS, GAAP
5.07
3.17
1.98
3.91
2.68
2.86
2.82
4.68
4.73
3.66
3.77
5.21
6.5
10.21
Free Cash Flow per Basic Share
9.36
-17.57
7.57
-0.98
9.06
3.9
-10.88
16.89
9.01
-2.93
-12.69
-6.95
15.35
11.21
Dividend per Share
2.62
3.13
1.87
1.25
2
2.04
2.05
1.74
3.14
2.5
2.57
3
3.75
- -
Book Value per Share
24.77
25.42
25.49
27.65
29.51
30.01
29.63
31.73
33.13
35.51
34.69
37.61
39.79
41.6
Tangible Book Value per Share
24.75
25.4
25.47
27.65
29.51
30.01
29.63
31.73
33.13
35.51
34.69
37.61
39.79
41.6
Basic Weighted Avg Shares
165
165
165
165
173
191
223
248
259
325
315
260
260
260
Sales/Revenue/Turnover
15,148
11,381
11,870
12,452
11,112
14,485
10,761
15,108
14,812
17,174
14,507
14,690
22,072
24,520
Operating Margin (%)
6.66
5.07
4.57
2.02
5.29
4.68
7.2
8.47
9.89
10.44
8.33
7.02
7.83
8.27
Depreciation Expense
9
11
13
13
13
16
50
51
60
67
58
67
73
70
Net Income, GAAP
836
523
326
644
462
546
630
1,160
1,225
1,188
1,189
1,354
1,690
2,655
Effective Tax Rate (%)
16.08
10.38
27.78
14.76
23.6
22.77
23.47
15.2
21.31
23.72
19.26
13.81
17.57
14.35
Profit Margin (%)
5.52
4.6
2.75
5.17
4.16
3.77
5.86
7.68
8.27
6.92
8.19
9.22
7.66
10.83
Working Capital
3,333
6,057
5,774
4,374
6,835
8,083
7,595
8,511
11,052
12,578
10,965
13,053
12,295
13,249
LT Debt
1,258
4,014
3,645
789
2,502
2,880
1,579
1,572
3,690
4,575
3,414
4,763
3,833
4,311
Total Equity
4,596
4,671
4,689
5,067
5,334
6,537
7,351
8,364
8,826
9,434
9,248
9,984
10,683
11,160
Return on Invested Capital (%)
12.91
6.02
4.01
2.29
4.96
5.51
5.8
9.78
8.86
9.14
6.08
4.83
7.05
8.92
Return on Capital (%)
12.72
6.8
3.99
7.64
6.02
6.18
6.53
11.18
9.84
8.57
7.93
8.1
8.99
14.29
Return on Common Equity (%)
20.19
11.87
7.3
13.79
9.24
9.59
9.48
15.27
14.63
13.32
13.03
14.42
16.81
26.43

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,325
4,630
3,678
LT Borrowings
3,827
3,753
4,301
LT Finance Leases
7
6
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
260
260
260
Market Capitalization
16,399
18,322
23,806

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
28,255
29,176
28,786
Cash, Cash Equivalents & STI
9,630
10,959
9,760
Accounts Receivable, Net
1,409
1,556
2,210
Inventories
9,762
8,604
8,595
Total Current Liabilities
15,959
17,358
15,537
Payables & Accruals
- -
- -
- -
ST Debt
5,325
4,630
3,678
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.75%
5.08%
7%
Free Cash Flow
-217.56%
-47.98%
-320.79%
Net Income, GAAP
22.79%
8.27%
24.78%
Sales/Revenue/Turnover
8.92%
10%
50.25%
Total Cash Common Dividend
- -
- -
25%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,356
4,336
3,492
3,506
14,690
2025
4,602
6,369
5,546
5,556
22,072
2026
7,159
6,259
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.89
1.69
0.92
1.71
5.21
2025
1.04
1.57
1.76
2.13
6.5
2026
2.88
3.44
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3
2025
- -
- -
- -
- -
3.75
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tien-Ho Hsieh
Full Time Employees
120
Sector
Industrial services
Industry
Engineering & construction
Address
No.92, Dunhua South Road Taipei TP Taiwan 106
IPO Date
Mar 11, 1996
Website
dacin.com.tw
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Business
Da-Cin Construction Co.,Ltd. Da-Cin Construction Co., Ltd. is a Taiwan-based A-class construction company primarily engaged in civil engineering and building construction projects. The company offers engineering, procurement, and construction services for roads, bridges, tunnels, hillside development, and mass rapid transit systems; housing complexes, commercial office buildings, schools, hotels, hospitals, supermarkets, department stores, shopping centers, deep-excavation works, and high-rise structures; as well as specialized high-tech facilities including wafer factories, LCD panel factories, glass substrate factories, passive component factories, and IC packaging plants. It operates through engineering and construction departments, with additional activities in land development, real estate sales, new home after-sales services, construction information technology, and investment management in related industries, serving public and private sectors primarily in Taiwan, Singapore, Malaysia, and Vietnam. Founded in 1967 and headquartered at 9/F, 92 Tun-Hwa South Road Section 2, Da-an District, Taipei, Taiwan, the company integrates upstream and downstream business chains through its subsidiary DACIN Development and has expanded into overseas real estate. Recent developments include winning bids for the Shuinan International Convention and Exhibition Center project and TSMC FAB-18 Phase III superstructure construction project, recognition as an excellent supplier by TSMC in 2024, ongoing projects such as the Zhulun Street residential development in Taipei's Zhongshan District and DACIN ESSENCE in Beitou Shilin Technology Park, and a strategic focus on high-tech factories, corporate headquarters, large-scale commercial buildings, self-built residential projects, smart construction technologies like BIM and automation, low-carbon methods with precast components, and participation in the National Taiwan University DE-Carbonization Science and Technology Research Institute.