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Wanhwa Enterprise Company

Wanhwa Enterprise Company

TTWSE:2701
10.15
TWD
-0.05
(-0.49%)
0.59EPS
17.97P/E
4.77BMarket Cap
Wanhwa Enterprise Company
TWSE:2701
(Taiwan Stock Exchange)

Recent

price

10.15

P/E

ratio

17.97

div

yld

2.97%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
0.72
0.84
0.76
0.8
0.83
0.88
0.84
0.82
0.81
0.77
0.59
0.53
0.5
0.66
0.64
0.56
0.57
Revenue per Share
0.46
0.39
0.47
0.46
0.62
0.73
0.8
0.89
0.73
0.89
0.39
0.19
0.47
0.53
0.51
0.56
0.59
Basic EPS, GAAP
0.35
0.36
0.29
0.26
0.33
0.33
0.31
0.34
0.34
0.3
0.25
0.22
0.21
0.36
0.29
0.3
0.32
Free Cash Flow per Basic Share
0.06
0.06
0.07
0.09
0.09
0.13
0.16
0.22
0.22
0.38
0.38
0.24
0.17
0.23
0.29
0.29
0.3
Dividend per Share
13.12
12.12
12.67
13.18
14.24
14.99
15.29
15.72
16.43
17.34
16.74
16.76
17.6
18.41
18.85
18.59
18.84
Book Value per Share
13.12
12.12
12.67
13.18
14.24
14.99
15.29
15.72
16.43
17.34
16.74
16.76
17.6
18.41
18.85
18.59
18.84
Tangible Book Value per Share
450
450
450
450
450
450
450
450
450
450
450
450
450
450
450
450
452
Basic Weighted Avg Shares
323
378
343
359
372
397
378
371
365
349
265
240
227
297
290
254
257
Sales/Revenue/Turnover
38.33
36.61
40.21
38.37
39.99
40.41
42.63
44.01
46.98
50.19
52.11
49.44
46.77
56.12
57.13
63.47
64.55
Operating Margin (%)
18
18
17
16
13
12
11
11
10
9
9
7
4
3
3
2
2
Depreciation Expense
209
173
209
206
280
328
360
400
329
400
174
84
212
237
230
251
267
Net Income, GAAP
- -
14.7
15.13
15.29
15.38
15.41
15.91
15.63
34.37
18.31
16.93
13.37
15.09
18.16
16.97
16.44
16.78
Effective Tax Rate (%)
64.71
45.92
60.97
57.32
75.33
82.64
95.34
108.02
90.32
114.63
65.78
35.16
93.43
79.86
79.19
98.97
103.84
Profit Margin (%)
457
607
676
721
864
1,006
1,110
1,214
1,303
1,358
1,383
1,432
1,529
1,627
1,724
1,831
1,820
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
LT Debt
5,903
5,453
5,702
5,929
6,406
6,746
6,880
7,075
7,392
7,802
7,532
7,544
7,921
8,285
8,480
8,364
8,479
Total Equity
- -
2.07
2.18
1.84
2.04
2.06
1.98
1.97
1.55
1.87
1.49
1.36
1.16
1.68
1.64
1.6
1.67
Return on Invested Capital (%)
- -
3.05
3.75
3.54
4.55
4.99
5.29
5.74
4.55
5.26
2.27
1.12
2.74
2.93
2.74
2.99
3.25
Return on Capital (%)
3.7
3.06
3.75
3.54
4.55
4.99
5.29
5.74
4.55
5.26
2.27
1.12
2.74
2.93
2.74
2.99
3.25
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
450
450
450
Market Capitalization
4,995
4,770
4,770

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,979
2,036
2,099
Cash, Cash Equivalents & STI
1,965
2,023
2,080
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
147
158
278
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.21%
2.14%
-1.37%
Free Cash Flow
1.14%
7.33%
2.64%
Net Income, GAAP
8.58%
23.56%
9.47%
Sales/Revenue/Turnover
-3.55%
0.28%
-12.41%
Total Cash Common Dividend
13.26%
-0.73%
1.55%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
76
80
77
58
290
2025
62
64
66
62
254
2026
66
63
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.18
0.27
0.01
0.51
2025
0.1
0.16
0.23
0.07
0.56
2026
0.11
0.18
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.28
0.29
2025
- -
- -
0.01
0.28
0.29
2026
0.01
- -
- -
- -
- -
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Business
Wan Hwa Enterprise Company Ltd. (2701.TW) principally engages in the leasing of commercial properties, operation of amusement parks, and management of movie theaters in Taiwan. The company leases shopping malls and commercial complexes primarily for department stores, bookstores, restaurants, supermarkets, offices, business hotels, and entertainment venues; it also directly operates cinemas and recreation centers including amusement parks. Founded in 1958 and headquartered at No. 52, Emei Street, Wanhua District, Taipei City, Taiwan, Wan Hwa focuses on the domestic market with approximately 23-24 employees. In its core leasing segment, the company generates the majority of revenue from long-term rentals to retail and hospitality tenants, complemented by income from amusement and theater operations. Recent financial performance includes second quarter 2025 earnings with EPS of NT$0.16 and an upcoming dividend of NT$0.28 per share, alongside steady operations amid stable revenue of NT$303.89 million in 2024 despite an 11.87% decline from the prior year. No major acquisitions, partnerships, funding rounds, or strategic expansions have been reported in the last 1-2 years.