Quang Viet Enterprise Co., Ltd.

Quang Viet Enterprise Co., Ltd.

TTWSE:4438
57.40
TWD
-0.20
(-0.35%)
6.69BMarket Cap
Nov 05Next 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
- -
97.58
100.81
94.97
97.84
127.34
155.91
116.88
124.87
192.39
158.65
159.28
184.23
- -
Basic EPS, GAAP
- -
10.38
10.12
7.35
5.02
7.37
9.65
5.15
6.05
11.28
7.04
3.89
3.04
- -
Free Cash Flow per Basic Share
- -
3.16
4.5
0.75
-6.97
-1.84
12.26
14.1
-14.01
17.27
12.35
-7.81
-10.17
- -
Dividend per Share
1.46
2.6
3.02
6.95
6.15
4.52
5.95
7.43
3.17
4.16
6.74
5.2
3.14
- -
Book Value per Share
29.69
45.07
50.76
62.87
60.65
63.54
66.69
63.83
66.08
76.11
75.52
76.88
75.4
76.87
Tangible Book Value per Share
29.64
45
50.66
62.79
57.95
59.59
62.99
60.02
62.63
72.43
71.75
72.97
71.75
73.33
Basic Weighted Avg Shares
93
87
93
95
104
104
104
104
104
104
104
103
105
113
Sales/Revenue/Turnover
- -
8,489
9,368
9,039
10,204
13,280
16,259
12,189
13,022
20,066
16,553
16,473
19,424
- -
Operating Margin (%)
- -
12
10.98
8.12
6.42
8.33
8.5
2.3
5.33
7.65
5.62
2.82
4.07
- -
Depreciation Expense
- -
107
134
150
169
233
282
257
302
361
399
426
417
- -
Net Income, GAAP
- -
903
940
699
524
769
1,006
537
631
1,176
734
402
320
- -
Effective Tax Rate (%)
- -
19.97
23
21.42
19.91
23.18
20.77
18.73
25.44
23.62
24.04
29.74
30.69
- -
Profit Margin (%)
- -
10.64
10.04
7.73
5.13
5.79
6.19
4.41
4.84
5.86
4.44
2.44
1.65
- -
Working Capital
1,582
2,572
2,774
4,356
3,924
4,569
5,876
5,616
4,250
7,085
6,928
5,369
5,987
6,162
LT Debt
169
124
111
100
- -
213
1,558
1,677
227
2,080
2,173
810
1,381
1,257
Total Equity
2,757
4,183
4,710
6,573
6,577
7,455
7,796
8,153
8,392
9,768
9,942
10,155
10,500
10,724
Return on Invested Capital (%)
- -
18.93
15.07
9.16
7.16
10.15
11.48
2.24
4.5
8.98
5.18
2.37
3.71
- -
Return on Capital (%)
- -
22.93
18.87
11.64
7.18
8.62
10.28
5.56
5.12
7.32
5.04
3.26
2.91
- -
Return on Common Equity (%)
- -
26.07
21.18
12.42
8.13
11.87
14.82
7.9
9.31
15.86
9.28
5.06
3.88
- -

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,037
4,077
5,943
LT Borrowings
1,219
1,152
1,100
LT Finance Leases
162
162
157
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
113
113
113
Market Capitalization
8,552
6,310
6,693

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11,657
13,206
15,353
Cash, Cash Equivalents & STI
4,412
3,849
4,039
Accounts Receivable, Net
2,442
2,166
3,852
Inventories
4,332
6,669
6,948
Total Current Liabilities
5,670
7,120
9,191
Payables & Accruals
- -
- -
- -
ST Debt
3,037
4,077
5,943
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.88%
5.33%
3.4%
Free Cash Flow
-261.03%
-116.24%
32.66%
Net Income, GAAP
-1.9%
0.14%
-20.34%
Sales/Revenue/Turnover
9.78%
12.17%
17.91%
Total Cash Common Dividend
13.65%
-5.22%
-38.46%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,368
4,133
6,584
3,389
16,473
2025
2,756
4,805
- -
4,592
19,424
2026
2,777
5,163
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.11
2.05
3.78
-0.83
3.89
2025
-1.26
-0.34
- -
-0.29
3.04
2026
-0.04
2.55
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.2
2025
- -
- -
- -
- -
3.14
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chao Pi Wu
Full Time Employees
21,497
Sector
Consumer non-durables
Industry
Apparel/Footwear
Address
No. 607, Ruiguang Road Taipei TP Taiwan 11492
IPO Date
Jul 28, 2015
Website
qve.com.tw
Business
Quang Viet Enterprise Co., Ltd. (4438.TW) manufactures and sells outdoor functional apparel, specializing in down jackets and outerwear for global sports and outdoor brands. The company produces synthetic insulation jackets, high-puffer and packable down jackets, seam-sealed water-repellent down jackets, resin cotton jackets, lightweight outerwear and coats, knitwear, and related garments including gore-tex, thermoball, padded, bonded, soft shell, and feather/down products; it also processes raw materials such as feathers and down. Founded in 1995 and headquartered in Taipei City, Taiwan, Quang Viet operates manufacturing facilities in Vietnam, China, Jordan, Romania, and elsewhere with over 20,000 employees across more than 460 production lines, serving clients including Nike, Adidas, The North Face, Patagonia, Lululemon, Puma, Reebok, Arc’teryx, Mont-Bell, Timberland, Merrell, Eddie Bauer, Prada, Ralph Lauren, Alo Yoga, and Aritzia. Revenue derives primarily from North America (45%), China (22%), and Europe (20%), with down jackets at 35%, resin cotton jackets at 25%, lightweight outerwear at 14%, knitwear at 11%, and others at 15% as of Q3 2024. In recent developments, the company plans to expand its Jordan facility capacity from 30 to 60 production lines due to U.S. tariff exemptions and overall lines from 478 to 568 by 2026, while evaluating Indonesia as a new low-cost base; it guides for double-digit revenue growth in 2025 amid restocking by clients like Adidas, completed an equity buyback in 2025 repurchasing 754,000 shares, and announced a cash capital increase in 2025.