First Hotel Co., Ltd.

First Hotel Co., Ltd.

TTWSE:2706
12.05
TWD
-0.05
(-0.41%)
0.68EPS
18.45P/E
6.25BMarket 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
0.72
0.74
0.73
0.67
0.66
0.66
0.69
0.53
0.51
0.58
0.69
0.71
0.75
0.76
Basic EPS, GAAP
0.61
0.79
0.92
1
1.11
0.86
1.06
0.32
0.16
0.6
0.6
0.56
0.65
0.68
Free Cash Flow per Basic Share
0.35
0.37
0.36
0.31
0.34
0.35
0.3
0.26
0.27
0.29
0.37
0.3
0.37
0.38
Dividend per Share
0.09
0.09
0.13
0.14
0.17
0.25
0.43
0.44
0.15
0.14
0.33
0.35
0.35
0.36
Book Value per Share
13.42
14.51
15.53
16.2
16.71
17.96
18.73
18.05
17.97
19.25
19.8
20.36
20.25
20.55
Tangible Book Value per Share
13.42
14.51
15.53
16.2
16.71
17.96
18.73
18.05
17.97
19.25
19.8
20.36
20.25
20.55
Basic Weighted Avg Shares
500
500
500
500
500
500
500
500
500
500
500
500
500
502
Sales/Revenue/Turnover
361
369
363
335
330
330
347
265
253
291
343
356
377
380
Operating Margin (%)
56.94
58.4
63
62.79
61.98
63.83
65.07
62.44
66.5
68.57
68.64
67.95
69.37
69.13
Depreciation Expense
12
11
9
9
6
5
5
4
3
3
3
3
2
2
Net Income, GAAP
303
396
458
502
555
430
532
161
78
301
301
278
326
340
Effective Tax Rate (%)
16.11
15.88
16.13
16.47
15.88
37.23
19.35
20.08
15.37
17.47
19.73
19.12
18.6
19.04
Profit Margin (%)
84.12
107.37
126.31
149.49
168.28
130.17
153.44
60.69
31
103.76
87.59
78.04
86.38
89.54
Working Capital
1,739
1,964
2,123
2,255
2,395
2,412
2,441
2,414
2,526
2,680
2,746
2,832
2,938
2,892
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
6,711
7,253
7,765
8,098
8,353
8,981
9,367
9,027
8,986
9,627
9,901
10,181
10,123
10,275
Return on Invested Capital (%)
2.62
2.58
2.53
2.2
2.08
1.51
1.96
1.42
1.56
1.74
1.91
1.92
2.07
2.12
Return on Capital (%)
4.66
5.67
6.1
6.31
6.73
4.95
5.78
1.75
0.87
3.22
3.07
2.76
3.2
3.42
Return on Common Equity (%)
4.66
5.67
6.1
6.32
6.75
4.96
5.8
1.75
0.87
3.24
3.08
2.77
3.21
3.43

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
73
70
71
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
500
500
500
Market Capitalization
6,450
6,125
6,250

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,075
3,149
3,212
Cash, Cash Equivalents & STI
3,069
3,142
3,209
Accounts Receivable, Net
2
3
1
Inventories
- -
- -
- -
Total Current Liabilities
137
154
321
Payables & Accruals
- -
- -
- -
ST Debt
73
70
71
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.74%
2.36%
-0.57%
Free Cash Flow
1.6%
8.68%
25.43%
Net Income, GAAP
19.41%
48.52%
17.22%
Sales/Revenue/Turnover
1.04%
7.62%
5.91%
Total Cash Common Dividend
22.44%
15.17%
0.31%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
85
83
97
90
356
2025
89
87
108
94
377
2026
90
88
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.21
0.28
0.02
0.56
2025
0.12
0.2
0.23
0.1
0.65
2026
0.14
0.21
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.35
0.35
2025
- -
- -
- -
0.35
0.35
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hsiao Hua Hsu
Full Time Employees
44
Sector
Finance
Industry
Real estate development
Address
No 63 Nanjing East Road Taipei TPE Taiwan 104
IPO Date
Jun 25, 1991
Business
First Hotel Company Ltd. (2706.TW) operates as a hotel management company primarily engaged in the ownership, development, and operation of hotels and related hospitality services in Taiwan. The company offers guest accommodations including standard rooms, suites, and serviced apartments; conference and banquet facilities; dining outlets such as restaurants, bars, and catering services; and ancillary amenities like fitness centers, swimming pools, and business centers across its properties. Its core brands include the First Hotel chain, with flagship locations in Taipei and other key urban areas, targeting business travelers, tourists, and event organizers. Founded in 1973 and headquartered in Taipei, Taiwan, the company focuses on the mid-to-upscale hotel segment within the hospitality industry, serving domestic and international guests primarily in Taiwan with limited operations in select Asian regions. The company's portfolio emphasizes full-service hotels with integrated leisure and business offerings; property management services for third-party owners; and event hosting capabilities for corporate meetings, weddings, and exhibitions. It maintains a network of properties concentrated in northern Taiwan, including the First Hotel Taipei and affiliated establishments, catering to leisure, corporate, and government clientele. No significant subsidiaries or parent company relationships are publicly noted, with operations centered on self-managed assets.