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TST Group Holding Ltd.

TST Group Holding Ltd.

TTWSE:4439
99.40
TWD
-0.10
(-0.10%)
9.00EPS
9.82P/E
3.43BMarket Cap
Nov 11Next Earn
TST Group Holding Ltd.
TWSE:4439
(Taiwan Stock Exchange)

Recent

price

99.40

P/E

ratio

9.82

div

yld

2.01%

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
146.66
159.63
209.05
219.98
142.99
197.2
197.34
137.52
142.43
184.09
195.75
Revenue per Share
6.88
9.39
9.54
11.6
11.04
8.94
11.74
10.82
1.73
7.73
9.29
Basic EPS, GAAP
15.78
8.99
2.04
12.11
19.05
-11.3
10.12
-14.36
-12.29
1.16
-5.58
Free Cash Flow per Basic Share
3.15
5.47
7.05
5.59
6.69
5.42
3.75
7.11
3.9
2.13
2
Dividend per Share
24.68
23.94
27.9
61.94
64.17
66.3
79.17
83.37
85.44
88.09
91.38
Book Value per Share
24.67
23.92
27.89
61.93
64.17
66.28
79.16
81.83
83.79
86.47
89.74
Tangible Book Value per Share
28
28
28
33
38
38
38
38
38
38
38
Basic Weighted Avg Shares
4,048
4,406
5,770
7,358
5,389
7,418
7,429
5,187
5,418
7,003
7,437
Sales/Revenue/Turnover
6.09
7.3
5.97
7.43
10.4
5.38
7.32
9.57
3.22
6.04
6.68
Operating Margin (%)
68
70
72
104
133
131
156
177
244
275
280
Depreciation Expense
190
259
263
388
416
336
442
408
66
294
353
Net Income, GAAP
23.19
24.47
23.56
25.42
22.6
18.54
17.28
22.05
39.04
18.26
19.19
Effective Tax Rate (%)
4.69
5.88
4.56
5.27
7.72
4.53
5.95
7.87
1.21
4.2
4.74
Profit Margin (%)
269
266
355
1,444
1,444
1,482
1,510
974
1,125
1,115
1,165
Working Capital
32
- -
34
89
66
64
61
494
856
702
740
LT Debt
829
804
937
2,341
2,414
2,494
3,026
3,158
3,250
3,356
3,437
Total Equity
- -
17.67
17.96
18.64
15.24
10.77
13.52
10.56
2.41
7.18
8.1
Return on Invested Capital (%)
- -
20.18
19.79
18.84
15.23
11.21
13.83
11.58
2.36
7.32
8.35
Return on Capital (%)
- -
31.74
30.23
23.68
17.5
13.7
16.02
13.2
2.05
8.9
11.05
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
839
988
1,019
LT Borrowings
688
736
731
LT Finance Leases
13
12
9
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
38
38
Market Capitalization
4,057
3,298
3,431

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,255
3,707
4,291
Cash, Cash Equivalents & STI
518
606
406
Accounts Receivable, Net
774
1,073
1,338
Inventories
1,483
1,523
1,929
Total Current Liabilities
2,140
2,412
3,125
Payables & Accruals
- -
- -
- -
ST Debt
839
988
1,019
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.04%
3.27%
Free Cash Flow
- -
-142.82%
-109.43%
Net Income, GAAP
- -
53.72%
347.9%
Sales/Revenue/Turnover
- -
8.26%
29.26%
Total Cash Common Dividend
- -
-9.98%
-45.32%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,391
1,534
1,390
1,103
5,418
2025
1,776
1,936
1,911
1,378
7,003
2026
1,813
2,334
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.7
1.13
0.8
-1.89
1.73
2025
2.05
1.92
3.74
0.02
7.73
2026
2.59
2.94
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.9
2025
- -
- -
2
- -
2.13
2026
- -
- -
- -
- -
- -
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Business
TST Group Holding Ltd. engages primarily in the weaving, dyeing, processing, manufacturing and sale of cotton blended knitted fabrics, as well as yarn materials trading, processing, import and export services; it offers specialized products including sweater fabrics for sports and leisure clothing jackets, plain weave fabrics for interior and sports leisure apparel, air layer fabrics for fashion, sports and leisure garments, and cotton sports fabrics with surface gloss treatments. Founded in 1995 in Hong Kong and headquartered at Harbour Place in George Town, Cayman Islands, with key operational offices in Taipei, Taiwan, the company serves global sports and fashion brands through production facilities and supply chains in China, Vietnam and Cambodia. It distributes products domestically in Taiwan and to overseas markets, particularly China including Hong Kong, with recent revenue primarily from these regions. In recent developments, the company listed on the Taiwan Stock Exchange in December 2019; it established subsidiaries including Top Sports Textile Vietnam Co., Ltd. and T-Tron Investment Holdings Limited in 2020, with the latter completing the acquisition of Zhen Jiang Tuntex Garment Co., Ltd. for 100% equity; Top Sports Textile Vietnam's integrated weaving and dyeing factory commenced construction in Vietnam and began volume production in 2024. Further expansions include a high-quality knitted fabrics R&D center launched in 2025 in collaboration with Wuhan Textile University for patented technology development, a Vietnam subsidiary Top Star Textile Vietnam Company Limited, and optimized production capacity across Cambodian and Vietnamese factories to enhance efficiency and product structure. These strategic shifts support business growth amid challenging market conditions, including new client development in Japan and China domestic sales to diversify risks.