Heran Co. Ltd.

Heran Co. Ltd.

TTWSE:5283
51.00
TWD
0.00
(0.00%)
5.97EPS
7.59P/E
3.99BMarket 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
57.42
62.56
57.88
69.57
84.89
79.73
80.15
81.67
87.17
93.7
84.82
73.25
73.85
67.74
Basic EPS, GAAP
0.88
4.39
4.84
7.72
11.73
12.13
10.73
12.73
10.69
10.21
7.78
5.34
5.63
6
Free Cash Flow per Basic Share
7.7
7.42
-2.61
6.94
6
3.57
9.33
19.55
-2.45
14.22
7.64
7.15
5.31
4.57
Dividend per Share
0.87
1.3
1.08
0.72
2.73
7
9.47
8.23
8
8
8
6.67
0.42
- -
Book Value per Share
16.08
19.18
23.68
32.09
41.09
46.21
49.79
52.71
55.4
57.62
57.43
59.81
54.82
57.48
Tangible Book Value per Share
15.94
19.04
23.58
32.01
41.05
46.14
49.68
52.6
55.28
57.41
57.29
59.43
54.45
57.22
Basic Weighted Avg Shares
67
67
80
80
67
67
72
74
73
73
73
88
88
95
Sales/Revenue/Turnover
3,836
4,179
4,640
5,576
5,671
5,326
5,786
6,033
6,363
6,840
6,192
6,417
6,469
6,434
Operating Margin (%)
2.03
7.8
9.87
13.44
16.87
18.3
16.26
18.16
13.22
10.87
9.83
6.97
8.27
8.23
Depreciation Expense
31
30
32
27
19
30
94
92
98
82
202
231
251
234
Net Income, GAAP
59
293
388
619
783
810
774
940
780
745
568
467
493
569
Effective Tax Rate (%)
12.83
12.31
16.63
17.82
19.86
20.93
20.34
19.97
18.19
18.59
19.29
16.87
18.34
18
Profit Margin (%)
1.54
7.02
8.36
11.1
13.82
15.21
13.38
15.58
12.26
10.89
9.17
7.29
7.62
8.85
Working Capital
1,185
1,208
1,188
1,416
1,705
1,568
2,082
2,142
2,267
2,411
1,310
1,769
1,995
1,340
LT Debt
192
- -
- -
60
150
150
21
5
5
6
122
363
335
508
Total Equity
1,074
1,281
1,582
2,143
2,745
3,087
3,784
3,848
4,044
4,206
4,192
4,366
4,803
5,035
Return on Invested Capital (%)
4.01
16.95
20.54
27.96
27.46
22.5
19.74
21.89
16.52
13.88
10.6
7.18
7.74
5.96
Return on Capital (%)
4.06
18.06
21.63
29.33
29.58
24.96
21.07
24.23
19.34
17.6
12.63
9.63
9.21
8.39
Return on Common Equity (%)
5.5
24.92
27.09
33.25
32.06
27.78
22.54
24.63
19.77
18.07
13.53
10.92
10.76
11.89

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
804
1,321
1,939
LT Borrowings
334
328
322
LT Finance Leases
1
215
186
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
88
88
88
Market Capitalization
4,569
4,025
3,987

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,162
4,507
5,114
Cash, Cash Equivalents & STI
1,282
1,062
1,322
Accounts Receivable, Net
781
872
1,166
Inventories
1,626
1,993
1,950
Total Current Liabilities
2,167
2,765
3,774
Payables & Accruals
- -
- -
- -
ST Debt
804
1,321
1,939
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.32%
4.58%
10%
Free Cash Flow
-99.05%
-170.52%
-25.7%
Net Income, GAAP
4.91%
-11.5%
5.48%
Sales/Revenue/Turnover
3.66%
1.59%
0.81%
Total Cash Common Dividend
- -
- -
-93.75%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,124
1,911
1,938
1,443
6,417
2025
1,266
2,102
1,649
1,452
6,469
2026
1,223
2,110
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
2.76
2.17
0.7
5.34
2025
-0.13
2.15
1.83
1.21
5.63
2026
0.16
2.74
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
2.78
- -
6.67
2025
- -
- -
- -
- -
0.42
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chin Hung Lin
Full Time Employees
7,511
Sector
Consumer durables
Industry
Electronics/Appliances
Address
No. 289, Wenhe Road Taoyuan TYC Taiwan 30076
IPO Date
May 24, 2019
Business
Heran Co., Ltd. (5283.TW) manufactures and sells home appliances, including air conditioners, liquid crystal displays, refrigerators, freezers, washing machines, and small household appliances under the HERAN brand, as well as brands such as Yamada and Scion for select small appliances. The company offers household, light commercial, and commercial air conditioners ranging from 2.3kW to 16.0kW split-type units, including high-efficiency eco-friendly refrigerant models, three-phase lightweight compact outdoor units compatible with wall-mounted, cassette, duct, and floor-standing indoor units, and single-pressure one-to-two through one-to-four compact side-blow outdoor units; liquid crystal products such as LCD monitors, UHD LED, full HD LED, LCD peripherals, and commercial peripherals with AIoT integration, Google TV series featuring AI picture quality calibration, voice interaction, and AR experiences; refrigerators and inverter freezers; washing machines with AI load detection and adaptive modes; and small appliances encompassing kitchen products like air fryers, dishwashers, microwaves, electric ovens, pressure cookers, and coffee machines, cleaning appliances including vacuum cleaners, sweeping robots, and floor washing machines, summer appliances such as electric fans and dehumidifiers, winter appliances like electric blankets and heaters, and health-focused items such as air purifiers, antibacterial UV dishwashers, and negative hydrogen ion water dispensers; the company also provides repair services. Heran operates primarily in the Taiwan market, with headquarters located at 9F., No. 289, Wenhe Rd., Leshan Vil., Guishan Dist., Taoyuan City 333001, Taiwan, and factories in Taoyuan and Kaohsiung; it was incorporated on May 6, 2002. In recent developments, the company optimized intelligent sensing washing technology with AI load detection for 2024 washing machines, upgraded freezers to inverter technology for improved energy efficiency, expanded small appliances with health-oriented products like intelligent air quality monitors and cleaning robots amid post-pandemic demand, advanced air conditioner dehumidification functions and energy-saving monitoring compliant with Taiwan's carbon reduction goals, and enhanced LCD displays with smart home ecosystem integration including door lock controls and multi-screen linkage; additionally, Heran received the 2026 Taiwan Excellence Award for its air conditioners and LCD products, sponsored sports events such as the third禾WIN Baseball Cup and partnerships with CTBC Brothers baseball team, and supported disaster relief in southern Taiwan and Hualien. The company targets residential, commercial, and light commercial customers through diverse channels including major retailers and social media, focusing on product differentiation, inventory reduction, and smart home expansion while addressing competition from international brands and aligning with net-zero emissions initiatives.