1. Taiwan Stocks

  2. •

    Consumer non-durables

  3. •

    Apparel/Footwear
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
Quang Viet Enterprise Co., Ltd.
TWSE:4438
(Taiwan Stock Exchange)

Recent

price

57.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
82.22
- -
97.58
100.81
94.97
97.84
127.34
155.91
116.88
124.87
192.39
158.65
159.28
184.23
- -
Revenue per Share
11.16
- -
10.38
10.12
7.35
5.02
7.37
9.65
5.15
6.05
11.28
7.04
3.89
3.04
- -
Basic EPS, GAAP
12.85
- -
3.16
4.5
0.75
-6.97
-1.84
12.26
14.1
-14.01
17.27
12.35
-7.81
-10.17
- -
Free Cash Flow per Basic Share
1.65
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
- -
Dividend per Share
18.89
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
Book Value per Share
18.89
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
Tangible Book Value per Share
55
93
87
93
95
104
104
104
104
104
104
104
103
105
113
Basic Weighted Avg Shares
4,521
- -
8,489
9,368
9,039
10,204
13,280
16,259
12,189
13,022
20,066
16,553
16,473
19,424
- -
Sales/Revenue/Turnover
3.72
- -
12
10.98
8.12
6.42
8.33
8.5
2.3
5.33
7.65
5.62
2.82
4.07
- -
Operating Margin (%)
7
- -
107
134
150
169
233
282
257
302
361
399
426
417
- -
Depreciation Expense
614
- -
903
940
699
524
769
1,006
537
631
1,176
734
402
320
- -
Net Income, GAAP
11.05
- -
19.97
23
21.42
19.91
23.18
20.77
18.73
25.44
23.62
24.04
29.74
30.69
- -
Effective Tax Rate (%)
13.58
- -
10.64
10.04
7.73
5.13
5.79
6.19
4.41
4.84
5.86
4.44
2.44
1.65
- -
Profit Margin (%)
145
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
Working Capital
937
169
124
111
100
- -
213
1,558
1,677
227
2,080
2,173
810
1,381
1,257
LT Debt
1,750
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
Total Equity
- -
- -
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 Invested 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 Capital (%)
- -
- -
26.07
21.18
12.42
8.13
11.87
14.82
7.9
9.31
15.86
9.28
5.06
3.88
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
Similar Companies
Nike, Inc. (NYSE:NKE)
lululemon athletica inc. (NASDAQ:LULU)
On Holding AG (NYSE:ONON)
LVMH Moet Hennessy Louis Vuitton SE (EURONEXT:MC)
Hermes International SCA (EURONEXT:RMS)
Deckers Outdoor Corporation (NYSE:DECK)
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.