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    Industrial services

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    Engineering & construction
Kung Sing Engineering Corporation

Kung Sing Engineering Corporation

TTWSE:5521
11.25
TWD
+0.15
(+1.35%)
0.95EPS
10.82P/E
5.07BMarket 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
11.33
15.05
18.39
11.04
9.68
10.06
10.89
14.54
7.33
9.4
10.86
14.42
18.36
19.58
Basic EPS, GAAP
0.25
-0.41
0.21
0.23
-0.9
-0.18
-0.06
2.05
0.07
0.02
0.14
0.02
0.52
0.95
Free Cash Flow per Basic Share
-1.14
-0.38
-3.49
1.19
-0.21
-2.02
-0.16
7.3
-0.39
-0.55
0.11
5.61
5.11
3.8
Dividend per Share
0.27
0.22
- -
- -
0.18
0.55
- -
- -
0.12
- -
- -
- -
- -
- -
Book Value per Share
10.92
10.33
10.56
10.89
9.81
9.17
8.67
10.81
10.73
10.73
10.97
10.92
11.43
11.87
Tangible Book Value per Share
10.92
10.33
10.56
10.89
9.81
9.17
8.66
10.8
10.73
10.72
10.96
10.91
11.41
11.86
Basic Weighted Avg Shares
388
388
388
388
388
382
393
492
492
492
492
492
492
493
Sales/Revenue/Turnover
4,399
5,847
7,141
4,290
3,759
3,844
4,283
7,160
3,607
4,626
5,346
7,099
9,038
9,656
Operating Margin (%)
3.11
-2.94
1.82
2.83
-10.62
-3.48
0.16
23.27
3.67
0.96
2.4
0.65
3.29
4.66
Depreciation Expense
71
82
91
88
87
76
66
35
33
39
54
113
106
94
Net Income, GAAP
96
-159
83
91
-350
-69
-24
1,010
35
11
67
10
254
469
Effective Tax Rate (%)
25.93
- -
2.93
18.84
- -
- -
- -
5.45
56.19
81.38
4.25
53.5
6.9
- -
Profit Margin (%)
2.17
-2.71
1.16
2.11
-9.32
-1.79
-0.56
14.1
0.98
0.23
1.26
0.14
2.81
4.86
Working Capital
3,151
2,611
2,944
3,200
3,096
3,361
3,876
4,743
4,726
4,616
4,560
4,596
4,833
4,957
LT Debt
148
217
118
103
161
635
209
100
127
90
130
165
149
97
Total Equity
4,274
4,063
4,147
4,328
4,064
3,815
4,526
5,576
5,284
5,284
5,400
5,376
5,627
5,843
Return on Invested Capital (%)
1.5
- -
1.98
1.52
- -
- -
- -
17.6
0.51
0.09
0.66
-0.49
3.25
- -
Return on Capital (%)
2.04
- -
2.03
1.92
- -
- -
- -
17.09
0.64
0.21
1.29
0.32
3.92
- -
Return on Common Equity (%)
2.26
-3.84
2.05
2.18
-8.72
-1.87
-0.61
21.05
0.66
0.2
1.26
0.18
4.61
8.32

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,265
1,753
1,164
LT Borrowings
47
46
- -
LT Finance Leases
102
103
97
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
492
492
492
Market Capitalization
11,495
6,080
5,070

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,853
12,921
12,150
Cash, Cash Equivalents & STI
9,118
8,806
8,442
Accounts Receivable, Net
105
246
413
Inventories
357
357
357
Total Current Liabilities
8,021
8,051
7,193
Payables & Accruals
- -
- -
- -
ST Debt
1,265
1,753
1,164
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.52%
0.24%
4.68%
Free Cash Flow
-41.74%
995%
-8.89%
Net Income, GAAP
-212.9%
559.55%
2,523.74%
Sales/Revenue/Turnover
8.29%
10.86%
27.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,502
1,643
1,993
1,962
7,099
2025
2,154
2,649
2,218
2,017
9,038
2026
2,613
2,808
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.2
0.01
0.2
0.01
0.02
2025
-0.02
0.15
0.23
0.15
0.52
2026
0.13
0.45
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

Company Profile APIChatGPT
CEO
Chi Ching Chiang
Full Time Employees
766
Sector
Industrial services
Industry
Engineering & construction
Address
No.102, Civic Boulevard Taipei TP Taiwan 106
IPO Date
Nov 18, 1999
Website
kseco.com.tw
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Business
Kung Sing Engineering Corporation (5521:TW), founded in 1941 and headquartered at 8F, No. 102, Section 4, Civic Boulevard, Da'an District, Taipei City, Taiwan, principally engages in public project construction services, including civil engineering projects such as airport subway works, railway reconstruction works, Taipei metropolitan area rapid transit works, bridge works, road works, tunnels; building works encompassing commercial and residential buildings; and marine engineering works like power plant renovation, expansion planning projects. The company develops houses and buildings, provides road and bridge repair services, dredging, rust-protection, drilling, waste disposal, fitting out works; window and door installation, interior decoration, light steel frame works, glass installation, kitchenware, bathroom equipment, painting services; water, piping, electrical, air conditioning, fire equipment installations; civil projects, residence and factory leasing, community development, land levy, real estate trading and rental; as well as cement and concrete products, rail vehicle and transportation accessories, construction material, machine and equipment sales, primarily operating in Taiwan with 494 employees. Recent developments include revenue growth to NT$6.98 billion in 2024 from NT$5.31 billion in 2023 driven by the core Kung Sing segment, approval for Taiwan investments as of May 2025, and first-quarter 2025 earnings reports, alongside strategic focus on highways, rail transportation, bridges, tunnels, and ports for 2025 bidding with a proposed contract amount of NT$8 billion.