HD Renewable Energy Co. Ltd.

6873 · TW · Industrials / Engineering & Construction

48.30TWD+3.80 (+8.54%)

Price History

Full chart

Market Stats

Previous Close44.50

Open43.95

Day Range43.95 – 48.90

52-Week Range64.81 – 135.78

Volume1.38M

Market Cap9.43B

P/E (TTM)72.58

Forward P/E0.00

EPS0.93

Dividend Yield3.76%

Beta0.51

50-Day Avg71.19

200-Day Avg89.40

About

HD Renewable Energy Co., Ltd. engages in the development of solar power generation systems, engineering construction, and maintenance services in Taiwan. It also offers asset management services; aquaculture management; and smart power services for various solar photovoltaic and energy storage projects, as well as energy technology services. In addition, the company is involved in renewable energy electricity sales business. HD Renewable Energy Co., Ltd. was incorporated in 2016 and is headquartered in Taipei, Taiwan.

Company Details

SectorIndustrials
IndustryEngineering & Construction
CEOMr. Shih-Chang Chou
Employees0
HeadquartersNo. 35, Dexing West Road, Taipei, Taiwan, Taiwan
Websitehttps://www.hdrenewables.com

Leadership

Mr. Shih-Chang ChouGM & Director
Yan Kai LiaoAccounting Supervisor
Yong-Qing LiDeputy General Manager
Mingxin ChenSenior Vice President

Financials

Income Statement

Currency: TWD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	526.46M	1.16B	2.28B	2.64B	4.87B	5.84B	10.13B	8.78B
Growth (%)	-	+119.50%	+97.67%	+15.58%	+84.28%	+20.01%	+73.41%	-13.29%
Cost of Revenue	397.10M	903.92M	1.94B	2.28B	3.74B	4.33B	7.44B	6.82B
Gross Profit	129.36M	251.64M	344.72M	364.57M	1.13B	1.51B	2.69B	1.96B
Gross Margin	24.57%	21.78%	15.09%	13.81%	23.18%	25.82%	26.52%	22.36%
Operating Expense	27.92M	65.15M	99.95M	141.87M	279.36M	459.00M	903.22M	1.08B
Operating Income	101.44M	186.49M	244.78M	222.70M	848.32M	1.05B	1.78B	887.19M
Operating Margin	19.27%	16.14%	10.72%	8.44%	17.44%	17.96%	17.60%	10.11%
EBITDA	103.11M	196.47M	260.38M	250.36M	857.99M	1.14B	1.79B	1.11B
EBITDA Margin	19.59%	17.00%	11.40%	9.48%	17.63%	19.49%	17.67%	12.59%
Net Income	81.92M	150.16M	191.34M	165.28M	650.11M	815.41M	1.20B	503.91M
Net Income Margin	15.56%	12.99%	8.38%	6.26%	13.36%	13.96%	11.84%	5.74%
R&D	-	-	3.37M	4.75M	15.46M	55.16M	106.07M	99.14M
R&D as % of Total Revenue	-	-	0.15%	0.18%	0.32%	0.94%	1.05%	1.13%
Interest Expense	368.00K	1.34M	3.06M	5.45M	14.37M	56.74M	148.55M	280.41M
Interest Expense % of Total Revenue	0.07%	0.12%	0.13%	0.21%	0.30%	0.97%	1.47%	3.19%

Balance Sheet

Currency: TWD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	355.18M	1.13B	1.86B	3.15B	6.10B	13.08B	18.53B	32.20B
Total Liabilities	219.05M	502.04M	1.14B	1.51B	2.71B	7.23B	9.25B	20.34B
Total Equity	134.14M	526.97M	718.31M	1.64B	3.35B	5.53B	8.95B	10.42B
Cash	72.20M	152.16M	320.93M	823.02M	1.96B	3.99B	4.59B	2.37B
Total Debt	48.00M	83.40M	297.67M	461.87M	596.56M	4.06B	4.31B	15.48B
Net Debt	-24.20M	-68.76M	-23.27M	-361.14M	-1.37B	77.42M	-282.83M	13.11B

Cash Flow

Currency: TWD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	21.75M	138.10M	418.16M	-206.96M	1.24B	-1.78B	2.05B	-2.74B
Investing Cash Flow	-26.89M	-363.14M	-378.50M	-190.99M	-1.18B	-1.65B	-5.51B	-7.26B
Financing Cash Flow	49.22M	305.00M	129.12M	900.04M	1.07B	5.26B	4.08B	7.93B
Capital Expenditure	29.50M	341.93M	309.05M	137.18M	588.57M	1.58B	2.89B	3.71B
Free Cash Flow	-7.75M	-203.83M	109.11M	-344.14M	653.66M	-3.35B	-837.27M	-6.45B
Dividends Paid	18.72M	23.73M	-	100.00M	170.00M	400.00M	408.00M	644.35M
FCF to OCF	-35.62%	-147.59%	26.09%	166.28%	52.62%	188.76%	-40.77%	235.42%
Dividend Paid to FCF	-241.54%	-11.64%	-	-29.06%	26.01%	-11.92%	-48.73%	-9.99%

Earnings

Report Date	May 11, 2023	Aug 10, 2023	Nov 14, 2023	Mar 12, 2024	May 14, 2024	Aug 12, 2024	Nov 11, 2024	Mar 5, 2025	May 13, 2025	Aug 14, 2025	Nov 13, 2025	Mar 16, 2026	Aug 14, 2026
EPS Estimate	0.99	1.14	2.36	3.32	0.97	0.87	4.69	4.52	0.86	2.92	2.80	6.05	0.76
EPS Actual	0.69	1.26	0.79	4.25	0.46	0.95	3.41	5.19	0.60	0.71	0.26	2.02	-1.57
Surprise	-30.30%	10.53%	-66.53%	28.01%	-52.58%	9.20%	-27.29%	14.82%	-30.23%	-75.68%	-90.71%	-66.61%	-306.58%
Timing	After-hours	Pre-market	Pre-market	After-hours	After-hours	Pre-market	After-hours	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	Pre-market

Key Statistics & Ratios

Market Cap9.43B

Enterprise Value26.03B

Trailing P/E72.58

Forward P/E0.00

Price / Sales1.11

Price / Book0.99

EPS0.93

Book Value70.39

Revenue (TTM)8.50B

Gross Profit (TTM)2.30B

EBITDA1.05B

Profit Margin1.57%

Operating Margin-4.62%

Return on Equity0.97%

Return on Assets1.54%

Shares Outstanding139.76M

Shares Float87.78M

Beta0.51

Dividend Yield3.76%

Dividend Rate2.54

Payout Ratio3.57%

Dividends

20261×

2.54Aug 25, 2026

20251×

4.61Apr 1, 2025

20241×

3.44Apr 3, 2024

20231×

3.42Jul 17, 2023

20221×

1.71Jul 14, 2022

Stock Splits

Jul 28, 20251142.0847:1000
Aug 1, 20241024.856:1000