Sweeten Real Estate Development Co. Ltd.

Sweeten Real Estate Development Co. Ltd.

TTWSE:5525
21.40
TWD
-0.20
(-0.93%)
3.85EPS
5.60P/E
6.62BMarket 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
8.43
9.17
10.74
2.85
4.46
13.63
8.42
3.26
2.53
17.6
16.34
14.7
7.46
19.11
Basic EPS, GAAP
1.78
1.67
1.69
0.17
0.84
3.02
1.28
0.14
-0.16
1.98
2.21
1.93
1.4
3.85
Free Cash Flow per Basic Share
2.57
-2.26
1.48
3.43
-0.14
1.27
-2.4
-13.4
-5.15
8.57
3.21
2.27
-4.3
5.64
Dividend per Share
0.52
1.12
0.82
1.05
0.22
0.84
1.4
0.39
0.42
0.25
1.25
1.06
0.75
- -
Book Value per Share
10.36
10.89
11.73
11.26
12.52
14.8
14.74
14.5
13.92
15.66
16.62
17.5
18.15
19.29
Tangible Book Value per Share
10.36
10.89
11.73
11.26
12.51
14.8
14.73
14.49
13.92
15.65
16.61
17.48
18.14
19.28
Basic Weighted Avg Shares
349
349
349
349
332
307
307
307
307
307
307
307
307
310
Sales/Revenue/Turnover
2,943
3,203
3,751
994
1,480
4,188
2,588
1,000
778
5,407
5,021
4,516
2,293
5,921
Operating Margin (%)
22.82
20.38
18.14
6.76
19.52
24.25
16.56
1.72
-9.06
13.71
17.54
16.05
20.89
26.14
Depreciation Expense
6
6
6
6
6
7
15
116
107
107
106
114
115
116
Net Income, GAAP
621
584
589
60
279
928
393
44
-50
610
678
592
429
1,193
Effective Tax Rate (%)
5.54
7.33
10.53
26.23
1.28
8.88
5.49
9.79
- -
9.47
21.25
17.28
11.74
22.3
Profit Margin (%)
21.09
18.24
15.69
6.01
18.87
22.17
15.17
4.44
-6.41
11.28
13.5
13.12
18.7
20.14
Working Capital
1,777
1,897
1,856
1,446
1,873
2,182
1,521
2,304
2,115
2,195
3,451
3,712
3,025
3,394
LT Debt
186
186
186
- -
- -
- -
491
521
484
481
1,419
1,371
476
470
Total Equity
3,746
3,939
4,425
4,118
4,031
4,631
4,611
4,537
4,354
4,868
5,130
5,396
5,588
5,937
Return on Invested Capital (%)
8.98
7.84
7.17
0.63
3.85
11.63
4.28
0.12
- -
4.47
4.95
4.37
2.87
8.13
Return on Capital (%)
8.93
7.66
7.13
0.99
3.89
11.98
4.57
0.58
- -
4.04
5.01
4.56
3.11
8.33
Return on Common Equity (%)
17.61
15.21
14.4
1.46
7.18
22.12
8.65
0.99
-1.14
13.41
13.66
11.3
7.83
21.64

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9,631
8,558
8,098
LT Borrowings
61
62
62
LT Finance Leases
415
413
408
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
307
307
307
Market Capitalization
8,681
7,605
6,622

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
17,938
16,700
16,121
Cash, Cash Equivalents & STI
514
180
379
Accounts Receivable, Net
240
95
97
Inventories
16,476
15,764
14,994
Total Current Liabilities
14,914
13,385
12,727
Payables & Accruals
- -
- -
- -
ST Debt
9,631
8,558
8,098
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.57%
4.38%
3.56%
Free Cash Flow
-144.94%
-141.98%
-289.89%
Net Income, GAAP
-120.05%
-312.77%
-27.59%
Sales/Revenue/Turnover
56.54%
101.32%
-49.22%
Total Cash Common Dividend
51.84%
64.7%
-29.33%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
149
1,939
643
1,785
4,516
2025
123
133
92
1,945
2,293
2026
1,699
2,185
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.12
0.85
0.36
0.83
1.93
2025
-0.12
-0.04
-0.08
1.63
1.4
2026
1
1.34
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.06
2025
- -
- -
- -
- -
0.75
2026
- -
- -
- -
- -
- -

Company Description

CEO
Ping Shen Lin
Full Time Employees
193
Sector
Consumer durables
Industry
Homebuilding
Address
No. 201, Wenxin Road Taichung TX Taiwan
IPO Date
May 22, 2000
Business
Sweeten Real Estate Development Co., Ltd. is a Taiwan-based company primarily engaged in real estate development and construction services. Its core activities include residential and commercial property development, architectural design, construction contracting, and property sales. The company offers a comprehensive range of real estate products including high-end residential buildings, office complexes, and mixed-use developments. Sweeten also provides related services such as project planning, property management, and post-sale maintenance, catering to a broad customer base across Taiwan. Founded in 1978, Sweeten Real Estate Development Co., Ltd. is headquartered in Taipei, Taiwan. In recent years, Sweeten Real Estate Development has strategically expanded its offerings by integrating smart home technologies and sustainable building practices into its projects, responding to evolving market demand and regulatory trends. The company has forged new partnerships with technology firms and green energy suppliers to enhance its buildings' energy efficiency and environmental performance. Furthermore, Sweeten has recently launched several flagship residential projects featuring innovative architectural designs and smart infrastructure. These initiatives reflect a broader strategic shift towards innovation-driven growth and sustainability within the company's real estate development segment, solidifying its competitive position in the Taiwanese market. Operating mainly in Taiwan, Sweeten focuses on urban centers and rapidly developing metropolitan regions, capitalizing on the demand for premium residential and commercial real estate. Its customer base includes individual homeowners, property investors, commercial enterprises, and institutional clients. The company manages its business through a vertically integrated approach combining land acquisition, planning, construction, and sales, supported by subsidiaries specializing in construction and property management. Sweeten continues to leverage its longstanding industry experience and strong market reputation to sustain growth and operational excellence in the real estate sector. Overall, Sweeten Real Estate Development Co., Ltd. is distinguished by its comprehensive real estate development capabilities, strong commitment to innovation and sustainability, and a strategic focus on high-quality residential and commercial properties within Taiwan’s key urban markets. This positions it as a significant player in Taiwan’s real estate industry with a forward-looking approach to development and customer service. This description incorporates the company's main products, services, recent strategic moves in technology and sustainability, geographic focus, and foundational corporate data, based on the latest available information from the official company website and recent market insights [web:multiple].