1. Taiwan Stocks

  2. •

    Finance

  3. •

    Real estate development
Hong Pu Real Estate Development CO LTD

Hong Pu Real Estate Development CO LTD

TTWSE:2536
18.25
TWD
+0.05
(+0.27%)
4.17EPS
5.05P/E
7.01BMarket Cap
Nov 11Next 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
12.54
13.68
15.18
14.39
8.07
11.77
8.67
11.95
0.97
2.06
9.71
7.36
31.43
35.5
Basic EPS, GAAP
2.77
3.46
4.41
3.21
2.35
1.34
1.83
1.84
-0.1
-0.16
0.69
0.61
3.19
4.16
Free Cash Flow per Basic Share
-6.89
11.29
12.78
-1.25
2.24
3.24
-8.27
-10.67
-28.41
-10.19
1.06
-0.72
18.88
22.74
Dividend per Share
1.7
0.97
2
2.6
2.1
1.5
1
1.2
1.2
- -
0.5
0.5
0.5
- -
Book Value per Share
29.49
31.95
34.32
34.83
35.06
35
35.86
36.5
35.2
35.04
35.24
35.35
38.04
38.24
Tangible Book Value per Share
29.49
31.95
34.32
34.83
35.06
35
35.86
36.5
35.2
35.04
35.24
35.35
38.04
38.24
Basic Weighted Avg Shares
319
329
333
333
333
333
333
333
333
333
333
333
333
332
Sales/Revenue/Turnover
4,006
4,500
5,051
4,789
2,685
3,918
2,886
3,977
323
684
3,233
2,449
10,460
11,773
Operating Margin (%)
31.58
30.18
31.27
21.23
26.45
11.05
19.61
20.48
20.18
43.57
20.76
12.6
15.12
15.93
Depreciation Expense
4
3
2
2
2
4
3
26
30
30
30
32
45
46
Net Income, GAAP
884
1,139
1,466
1,068
783
445
608
614
-33
-54
231
204
1,061
1,381
Effective Tax Rate (%)
21.27
7.93
5.89
5.85
12.24
14.62
10.91
18.03
- -
372.23
9.55
9.01
16.56
14.13
Profit Margin (%)
22.06
25.3
29.03
22.31
29.14
11.35
21.06
15.44
-10.34
-7.89
7.15
8.33
10.14
11.73
Working Capital
8,064
9,301
10,646
10,933
10,898
11,308
11,749
8,887
11,558
12,638
13,087
13,280
13,989
13,882
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
3,060
3,560
4,060
3,985
3,773
3,567
Total Equity
9,434
10,633
11,421
11,592
11,667
11,649
11,963
12,177
11,743
12,268
12,322
12,395
13,584
13,654
Return on Invested Capital (%)
5.41
6.7
9.3
6.32
3.9
2.33
2.93
3.2
- -
-2.42
1.71
0.78
3.82
4.77
Return on Capital (%)
5.22
6.54
9.43
7.17
5.07
3
3.84
3.37
- -
-2.85
1.83
1.44
3.92
4.93
Return on Common Equity (%)
9.57
11.35
13.3
9.28
6.73
3.81
5.15
5.1
-0.28
-0.46
1.98
1.74
8.69
11.17

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15,266
14,668
14,735
LT Borrowings
3,660
3,660
3,460
LT Finance Leases
113
110
107
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
333
333
333
Market Capitalization
8,653
7,355
7,006

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
37,846
37,094
35,476
Cash, Cash Equivalents & STI
7,135
6,380
7,322
Accounts Receivable, Net
6
5
4
Inventories
28,787
28,808
26,284
Total Current Liabilities
23,857
23,043
21,595
Payables & Accruals
- -
- -
- -
ST Debt
15,266
14,668
14,735
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.8%
2.31%
9.59%
Free Cash Flow
-357.64%
-581.11%
-2,729.15%
Net Income, GAAP
-22.27%
-32.67%
419.66%
Sales/Revenue/Turnover
70.38%
139.11%
327.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
342
182
74
1,851
2,449
2025
864
2,814
533
6,249
10,460
2026
886
4,105
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.14
0.02
0.51
0.61
2025
0.03
1.21
-0.17
2.12
3.19
2026
0.15
2.05
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Chin Hua Tuan
Full Time Employees
28
Sector
Finance
Industry
Real estate development
Address
No. 71, Dunhua South Road Taipei TP Taiwan 106045
IPO Date
Mar 14, 1996
Website
hung-poo.com.tw
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
Hong Pu Real Estate Development Co., Ltd. (2536.TW) engages primarily in the construction, leasing, and sale of residential and commercial buildings in Taiwan. The company develops and offers apartments comprising housings, shops, and parking lots; buildings including housings, storefronts, shopping malls, suites, and parking lots; and public housings through designated contractors, with projects such as 畫時代｜時尚苑 in a prime station-area commercial district featuring 3.6-meter high ceilings near Airport MRT A17 and A18 stations, 畫時代｜時晴苑 in Taoyuan's Zhongli District Qingpu A18 life circle, 時代苑 with total sales of NT$2.5 billion, 時代序 with total sales of NT$3.1 billion, 宏普中央公園 two-phase project with total sales of NT$7 billion, and upcoming developments like 時晴苑 with total sales of NT$3.5 billion and 宏普中央公園 three-phase with NT$6 billion. Founded in 1988 and headquartered at 9F., No. 19, Sec. 2, Dunhua South Road, Da'an District, Taipei City, Taiwan, the company operates mainly in Taipei City, New Taipei City, and Taoyuan City, targeting urban elites and families with sustainable residential values emphasizing unique, delicate, and stylish architecture alongside comprehensive planning, construction, materials, and management. In recent developments, the company anticipates delivery peaks for 時代苑 spanning late 2025 into 2026, 時代序 and 宏普中央公園 Phase II in 2025-2026 with combined sales exceeding NT$10 billion, alongside a projected handover pipeline of NT$306.8 billion over the next six years through 2029 including 内湖旧宗段 commercial office tower (NT$4.08 billion), 阳明段 (NT$4.5 billion), and others; it reported October 2025 consolidated revenue of NT$2.908 billion surging 9196.01% year-over-year, approved board changes at its June 19, 2025 AGM appointing new representatives including President W.L. Yu and CEO W.K. Tuan alongside independent directors C.H. Lin and P.J. Hsu effective immediately, and maintains four land reserves including a Taipei Dazhi Jintai commercial site without aggressive new acquisitions amid high inventory.