1. Taiwan Stocks

  2. •

    Non-energy minerals

  3. •

    Forest products
Keding Enterprises Co., Ltd.

Keding Enterprises Co., Ltd.

TTWSE:6655
135.00
TWD
0.00
(0.00%)
4.88EPS
25.39P/E
9.66BMarket Cap
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
28.36
29.58
28.71
31.64
41.54
37.14
28.94
32.55
34.73
33.6
31.92
33.1
37.1
Basic EPS, GAAP
2.08
3.51
2.72
2.92
3.5
2.25
4.09
7.68
5.56
3.35
4.93
3.92
4.84
Free Cash Flow per Basic Share
-9.69
4.32
-21.1
-15.57
-12.11
6.48
9.75
6.48
-8.51
1.82
-2.16
1.56
2.28
Dividend per Share
- -
1.06
0.48
2.32
1.58
1.92
1.98
16
4
5.92
11.93
4.2
1.2
Book Value per Share
15.39
21.05
24.1
25.78
30.7
32.39
33.71
25.41
28
30.51
31.51
32.27
41.65
Tangible Book Value per Share
15.22
20.93
23.89
25.55
30.49
32.22
33.55
25.31
27.91
30.43
31.35
32.08
41.48
Basic Weighted Avg Shares
44
51
56
59
61
69
72
70
70
71
78
79
79
Sales/Revenue/Turnover
1,241
1,512
1,617
1,865
2,546
2,576
2,088
2,277
2,433
2,375
2,503
2,600
2,916
Operating Margin (%)
8.38
16.58
15.85
15.23
14.24
12.19
17.94
25.01
19.49
14.02
19
15.9
15.47
Depreciation Expense
29
29
41
51
74
160
142
127
124
122
110
128
131
Net Income, GAAP
91
180
153
172
215
156
295
537
390
237
386
308
381
Effective Tax Rate (%)
19.95
23.86
29.66
30.19
30.11
26.95
11.76
15.85
21.74
19.73
18.39
19.41
19.93
Profit Margin (%)
7.35
11.87
9.46
9.22
8.43
6.05
14.12
23.58
16.02
9.98
15.43
11.83
13.06
Working Capital
456
721
664
649
1,115
1,106
1,354
450
108
-191
102
-343
-44
LT Debt
253
252
1,408
2,041
2,455
2,297
2,240
2,296
2,767
2,526
4,070
3,939
4,530
Total Equity
849
1,162
1,331
1,572
2,064
2,449
2,358
1,780
1,980
2,380
2,476
2,540
3,272
Return on Invested Capital (%)
- -
12
7.97
5.78
5.39
4.08
5.98
9.97
6.93
4.29
5.41
4.25
4.36
Return on Capital (%)
- -
12.42
7.4
5.77
5.53
3.92
6.7
12
8.27
4.82
6.53
5.02
5.69
Return on Common Equity (%)
- -
17.85
12.28
11.84
11.81
6.91
12.27
25.96
20.74
10.89
15.94
12.28
13.46

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,428
1,001
870
LT Borrowings
3,925
4,331
4,522
LT Finance Leases
14
12
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
9,466
9,938
9,663

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,636
1,653
1,923
Cash, Cash Equivalents & STI
141
135
164
Accounts Receivable, Net
263
269
359
Inventories
1,083
1,039
1,123
Total Current Liabilities
1,979
1,542
1,966
Payables & Accruals
- -
- -
- -
ST Debt
1,428
1,001
870
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.24%
2.71%
2.59%
Free Cash Flow
-157.62%
-158.52%
-172.19%
Net Income, GAAP
14.23%
11.62%
-20.39%
Sales/Revenue/Turnover
6.38%
4.55%
3.86%
Total Cash Common Dividend
108.87%
143%
-64.74%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
537
632
679
656
2,503
2025
544
647
680
729
2,600
2026
687
821
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.98
1.45
1.4
1.1
4.93
2025
0.81
0.89
0.79
1.43
3.92
2026
0.95
1.67
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
8.96
11.93
2025
- -
- -
- -
1.2
4.2
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Hsien Chang Tsao
Full Time Employees
1,021
Sector
Non-energy minerals
Industry
Forest products
Address
No. 268, Fuhui Road New Taipei TP Taiwan 242
IPO Date
Nov 28, 2018
Website
twkd.com
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Business
Keding Enterprises Co., Ltd. (6655.TW) manufactures, sells, and trades prefinished veneered panels, eco panels, wooden flooring, and other wooden products for interior surface solutions in the building materials industry. The company offers core products including KD Panels (prefinished wood veneered panels), KD ECO+ Laminates (bendable, non-toxic high-pressure decorative laminates with realistic wood grain, antibacterial properties, and scratch resistance), KD ECO+ Panels, KD Flooring (such as wide plank, hand-scraped, and 3D-textured variants), KD Edge Banding, KD Backer Panels (licensed by Dai Nippon Printing Co., Ltd. of Japan), paper-backed wood veneer, and decorative surfaces; it also engages in reinvestment and international trading activities. Founded in 2002 and headquartered in New Taipei City, Taiwan, with production facilities in Chiayi County, Keding operates a vertically integrated model from raw material procurement to global sales, serving residential, commercial, and hospitality sectors with low-formaldehyde, green building-certified materials bearing FSC, ISO 9001, ISO 14001, ISO 45001, and Japan F**** standards. Keding maintains branches and showrooms in mainland China, Hong Kong, Singapore, Malaysia, the Philippines, Indonesia, India, the United States, Thailand, and other regions to support international expansion. In recent developments, the company listed on the Taiwan Stock Exchange in November 2018, launched ECO+ Panels in 2021 and ECO+ Laminates in 2023 (including a patent for eco-friendly wood flooring), opened Chiayi Production HQ Factory II in 2018, established Indonesia and India branches in 2022, introduced new products such as SPC flooring, simulated panels (擬真板), and strong adhesive (強力膠) in 2025, and initiated a Global Partnership Program in 2024 to franchise KD ECO+ Laminates worldwide with full resource support for partners. These initiatives reflect Keding's focus on innovation in sustainable, flexible interior materials amid rising demand for curved interiors, driving 297% sales growth for ECO+ Laminates in 2025.