Farglory Land Development Co. Ltd.

Farglory Land Development Co. Ltd.

TTWSE:5522
62.10
TWD
+0.30
(+0.49%)
10.03EPS
6.44P/E
50.49BMarket Cap
Nov 17Next 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
32.51
21.34
32.55
33.18
22.3
29.23
25.64
34
42.4
34.01
27.95
28.66
39.86
49.58
Basic EPS, GAAP
8.66
5.99
7.74
4.19
2.4
2.42
3.89
4.86
7.78
7.04
4.76
4.32
7.45
10.04
Free Cash Flow per Basic Share
-1.67
-9.96
2.02
9.25
0.36
8.16
4.83
2.76
10.2
0.75
1.98
-4.37
9.15
12.57
Dividend per Share
3.5
1.5
3.8
3.5
3.8
2.52
3
4.56
4.5
6.5
4
3.5
2.1
- -
Book Value per Share
42.61
47.42
52.18
52.14
50.71
50.88
51.63
53.38
56.76
57.33
58.17
59.31
64.61
60.99
Tangible Book Value per Share
42.59
47.42
52.18
52.14
50.71
50.81
51.4
53.07
56.47
57.06
57.91
59.06
64.33
60.7
Basic Weighted Avg Shares
773
835
835
835
835
829
806
789
782
782
782
782
782
781
Sales/Revenue/Turnover
25,118
17,824
27,196
27,717
18,634
24,242
20,673
26,846
33,138
26,582
21,843
22,399
31,153
38,729
Operating Margin (%)
31.48
32.88
27.16
19.79
13.42
13.15
20.3
18.98
24.67
26.07
21.49
21.56
24.73
25.87
Depreciation Expense
41
53
55
60
64
74
177
180
215
235
226
252
251
265
Net Income, GAAP
6,694
5,007
6,467
3,503
2,009
2,004
3,139
3,835
6,081
5,506
3,718
3,373
5,825
7,842
Effective Tax Rate (%)
13.46
18.43
19.04
27.62
16.67
33.55
19.92
21.94
23.56
20.76
22.28
23.74
23.39
21.33
Profit Margin (%)
26.65
28.09
23.78
12.64
10.78
8.26
15.18
14.29
18.35
20.71
17.02
15.06
18.7
20.25
Working Capital
29,728
31,168
33,412
39,015
38,434
34,538
37,940
32,713
35,726
35,506
35,330
36,653
43,311
40,676
LT Debt
6,782
1,965
1,855
1,760
2,840
1,071
6,612
2,260
1,331
1,279
1,296
1,739
4,486
4,541
Total Equity
36,620
39,624
43,599
43,568
42,375
41,033
41,633
41,725
44,364
44,808
45,465
46,360
50,501
47,670
Return on Invested Capital (%)
11.22
6.97
8
5.19
2.82
3.06
4.95
5.46
8.27
7.07
4.58
4.49
6.8
9.31
Return on Capital (%)
11.33
7.56
9.03
4.98
3.06
3.13
5.05
5.56
8.38
7.42
4.82
4.21
6.89
9.43
Return on Common Equity (%)
20.97
13.31
15.55
8.04
4.68
4.81
7.6
9.2
14.13
12.35
8.24
7.35
12.03
17.07

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
32,905
32,899
32,178
LT Borrowings
3,812
3,974
3,789
LT Finance Leases
674
793
752
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
782
782
782
Market Capitalization
59,792
55,103
50,491

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
97,133
96,091
97,024
Cash, Cash Equivalents & STI
14,678
13,252
10,632
Accounts Receivable, Net
193
190
186
Inventories
77,200
77,608
80,865
Total Current Liabilities
53,822
55,516
56,348
Payables & Accruals
- -
- -
- -
ST Debt
32,905
32,899
32,178
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.54%
3.94%
8.93%
Free Cash Flow
202.39%
-58.23%
-309.37%
Net Income, GAAP
7.01%
16.01%
72.71%
Sales/Revenue/Turnover
4.18%
5.49%
39.08%
Total Cash Common Dividend
-1.77%
-9.79%
-40%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,314
5,350
8,952
4,783
22,399
2025
631
325
8,697
21,501
31,153
2026
5,663
2,868
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.56
1.33
1.53
0.9
4.32
2025
-0.24
-0.34
2.32
5.72
7.45
2026
1.76
0.23
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
1
3.5
2025
- -
- -
- -
- -
2.1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chia Feng Tang
Full Time Employees
189
Sector
Industrial services
Industry
Engineering & construction
Address
No. 200, Keelung Road Taipei TP Taiwan 110
IPO Date
Dec 22, 1999
Business
Farglory Land Development Co., Ltd. primarily operates in the property development and construction industry in Taiwan. The company offers a comprehensive range of products and services, including the development, construction, and sales of residential buildings, commercial buildings, and industrial buildings. It also engages in the leasing of residential and office buildings, in addition to providing sales of other properties. The business is organized mainly into two segments: Property Development and Property Construction. The Property Development segment focuses on real estate development and property sales and leasing, while the Construction segment undertakes building, civil, and hydraulic engineering projects. Farglory operates predominantly in the Taiwan market and is headquartered in Taipei City. It was incorporated in 1978 and changed its name to Farglory Land Development Co., Ltd. from Metropolitan Construction Co., Ltd. in December 2005. In recent years, Farglory Land Development has entered into strategic partnerships and expanded its operational scope through joint ventures and BOT (Build-Operate-Transfer) projects such as the Farglory Dome project—a joint venture with Mitsui involving a large outlet mall in Linkou, New Taipei City. The company also signed a Taipei City government-led urban regeneration project contract related to child benefit housing as part of expanding its government project portfolio. Recent developments include securing use permits and extending BOT contract deadlines to 2062, reflecting long-term project commitments. Additionally, Farglory continues to focus on diversifying its offerings with projects blending residential, commercial, and public housing, alongside infrastructure-related construction contracts. The company has maintained its integrated business model by consolidating entities such as Farglory Construction, which it wholly owns, to support project execution and operational efficiency. Farglory's main products and services thus range from high-rise residential and commercial property development and sales to large-scale urban regeneration, commercial leasing, and infrastructure construction projects. Its strategic shifts point to a focus on government collaboration, long-term BOT investments, and expansion into mixed-use developments supporting Taiwan’s growing urban demands. The company remains a key player in Taiwan’s real estate market with a demonstrated ability to handle complex projects across commercial and public sectors. This comprehensive product and project portfolio positions Farglory as a leading integrated real estate developer and construction firm in the region.