Heron Neutron Medical Corp.

Heron Neutron Medical Corp.

TTWSE:7799
430.50
TWD
-9.50
(-2.16%)
-2.17EPS
64.78BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
0.07
0.06
Basic EPS, GAAP
- -
-1.13
-1.18
-2.04
-3.31
-2.17
Free Cash Flow per Basic Share
- -
-2.31
-1.03
-2.42
-3.53
-5.12
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
3.52
4.2
5.73
10.47
72.94
70.67
Tangible Book Value per Share
3.16
3.86
5.43
10.21
72.73
70.46
Basic Weighted Avg Shares
141
76
107
127
146
153
Sales/Revenue/Turnover
- -
- -
- -
- -
10
10
Operating Margin (%)
- -
- -
-54,415.97
- -
-5,183.58
-4,502.83
Depreciation Expense
- -
14
15
21
40
44
Net Income, GAAP
- -
-86
-126
-260
-482
-333
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
-53,105.04
- -
-4,672.74
-3,348.74
Working Capital
332
151
242
872
10,488
9,964
LT Debt
- -
13
10
6
2
222
Total Equity
495
590
806
1,472
11,489
11,165
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-15.88
-18.1
-22.83
-7.43
-5.3

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6
8
14
LT Borrowings
- -
- -
- -
LT Finance Leases
2
223
222
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
158
158
158
Market Capitalization
71,117
51,796
64,778

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,553
10,456
10,038
Cash, Cash Equivalents & STI
10,229
10,090
9,416
Accounts Receivable, Net
- -
1
- -
Inventories
67
88
286
Total Current Liabilities
65
34
74
Payables & Accruals
- -
- -
- -
ST Debt
6
8
14
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
680.3%
Free Cash Flow
- -
- -
66.53%
Net Income, GAAP
- -
- -
85.2%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
2
- -
5
10
2026
3
1
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.39
-0.56
- -
- -
-2.04
2025
-0.59
-0.61
- -
-0.52
-3.31
2026
-0.37
-0.68
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

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

Company Description

CEO
Hsiao Lien Shen
Full Time Employees
111
Sector
Commercial services
Industry
Miscellaneous commercial services
Address
Zhubei City Taiwan
IPO Date
Sep 15, 2025
Business
Heron Neutron Medical Corp. is a Taiwan-based medical technology company that develops, manufactures, and commercializes accelerator-based boron neutron capture therapy (AB-BNCT) systems and companion radiopharmaceutical solutions for targeted precision oncology. Operating as a consolidated affiliate of the Hermes-Epitek Group, the company delivers an integrated drug-device total solution comprising accelerator-based neutron irradiation systems, including compact cyclotrons, neutron generation target assemblies, beam transport systems, and beam shaping assemblies (BSA); boron-10 therapeutic agents and molecular imaging tracers, such as boronophenylalanine (L-BPA) formulations and 18F-FBPA positron emission tomography (PET) diagnostic agents; proprietary treatment planning systems (TPS), dose calculation software, and real-time beam monitoring suites; patient positioning and immobilization hardware; radiation shielding design and turnkey BNCT treatment center construction services; and ongoing clinical trial support, regulatory advisory, preventative maintenance, and facility operational services. The company operates within the advanced medical equipment and biotechnology sectors, primarily serving tertiary medical centers, cancer research hospitals, and academic oncology institutes. Founded in 2017 and headquartered in Zhubei City, Hsinchu County, Taiwan, the company maintains regional subsidiaries and operating entities across Singapore, Japan, and mainland China to support Asia-Pacific clinical deployments and international commercialization. In recent developments, the company completed its public listing on the Taiwan Stock Exchange (TWSE: 7799) in September 2025; secured medical device market approval and manufacturing certification for its proprietary AB-BNCT irradiation equipment; forged a software integration partnership with Cosylab; entered into a strategic collaboration memorandum of understanding with B dot Medical to explore next-generation particle therapy solutions; established clinical imaging and technology integration with Siemens Healthineers; and advanced turnkey hospital center installations with major regional healthcare providers, including Taipei Veterans General Hospital, China Medical University Hospital, and Nanjing BenQ Medical Center.