Chian Hsing Forging Industrial Co Ltd

Chian Hsing Forging Industrial Co Ltd

4528 · TWO · Consumer Cyclical / Auto Parts

13.75TWD-0.40 (-2.83%)

Price History

Full chart

Market Stats

Previous Close14.15
Open14.20
Day Range13.55 – 14.20
52-Week Range14.50 – 22.44
Volume55.99K
Market Cap1.25B
P/E (TTM)0.00
Forward P/E8.05
EPS-0.68
Dividend Yield1.35%
Beta0.21
50-Day Avg15.04
200-Day Avg16.63

About

Chian Hsing Forging Industrial Co., Ltd. engages in the manufacture and sale of various forged products in Taiwan. Its forged products include hardware, bicycle, motorbike, automobile, and track vehicle parts, as well as industrial engineering vehicle components and other products. The company provides auto parts comprising driving element of front wheel, and C.V. joint of front wheel; yoke cross; mandril, rear axis, core axis of the generator, and air conditioning belt pulley; cross; bearing cup, piston, and housing; pinion, gear wheel, core shaft, and output input shaft; bevel gear; magnetic pole and driving gear; transmission bearing spang, transmission joint, and gears; big-sized parts; transmission parts; flang outer race; ammonia can; and aluminum alloy forging parts. It also offers assorted hardware parts, including impactors, saddles, pneumatic tooling, tone hole parts, disc knife, and rod couplings, as well as parts of sports goods, which include cranks, high-pressure joints, high-tension bolts/nuts, alloy bearing forgings, and tube forgings. In addition, the company provides motorcycle parts, such as gear shafts, gear blanks, start gears, transmission shafts, and ammonia cans for auto air-conditioners; starting gear and clutch gear forged work products; shaft and axle parts; and clutches, tube yokes, and chain gears. Further, it provides rail parts, such as tie plates, as well as bicycle parts, such as gear wheels. The company was formerly known as Hsieh Hsing Iron Factory and changed its name to Chian Hsing Forging Industrial Co., Ltd. in 1980. Chian Hsing Forging Industrial Co., Ltd. was founded in 1971 and is based in Taichung, Taiwan.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Huai-Yen Chuang
  • Employees0
  • HeadquartersNo. 3-1, Xiehe South Lane, Taichung, Taiwan, 407018, Taiwan
  • Websitehttps://www.ch-forging.com.tw

Leadership

  • Mr. Huai-Yen ChuangManager & Director
  • Mr. Li-Fu ChiangDeputy General Manager
  • Mr. Yung-Yi KuoFinance Senior Manager & Accounting Supervisor
  • Ms. Shu-Chuan LiProduction Manager

Financials

Income Statement

Currency: TWD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.23B2.24B2.74B2.81B2.84B2.26B2.54B2.43B1.95B1.71B1.58B
Growth (%)-+0.53%+22.16%+2.73%+0.82%-20.15%+11.97%-4.12%-19.82%-12.09%-7.73%
Cost of Revenue1.65B1.66B2.01B2.14B2.14B1.66B1.98B1.98B1.59B1.46B1.34B
Gross Profit583.82M584.13M728.61M668.16M697.12M599.40M557.07M451.99M355.65M250.62M237.65M
Gross Margin26.18%26.06%26.61%23.75%24.58%26.47%21.97%18.59%18.25%14.63%15.03%
Operating Expense223.04M258.29M277.93M280.55M384.39M320.65M335.36M335.05M270.71M246.57M234.29M
Operating Income360.78M325.84M450.68M387.61M312.73M278.74M221.71M116.94M84.94M4.05M3.36M
Operating Margin16.18%14.54%16.46%13.78%11.03%12.31%8.74%4.81%4.36%0.24%0.21%
EBITDA--695.40M610.85M582.31M542.75M469.41M459.68M347.50M253.64M212.39M
EBITDA Margin--25.40%21.72%20.53%23.97%18.51%18.91%17.83%14.80%13.43%
Net Income272.25M235.35M368.40M277.86M234.34M233.18M181.30M180.08M76.37M823.00K-25.70M
Net Income Margin12.21%10.50%13.45%9.88%8.26%10.30%7.15%7.41%3.92%0.05%-1.63%
R&D40.94M61.18M53.15M47.70M156.04M138.09M115.85M118.85M92.89M75.94M73.94M
R&D as % of Total Revenue1.84%2.73%1.94%1.70%5.50%6.10%4.57%4.89%4.77%4.43%4.68%
Interest Expense00020.56M21.30M17.11M15.62M26.05M30.55M23.55M23.25M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.73%0.75%0.76%0.62%1.07%1.57%1.37%1.47%

Balance Sheet

Currency: TWD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.18B3.28B3.83B3.86B3.95B3.97B4.61B4.41B3.87B3.66B3.64B
Total Liabilities1.49B1.62B1.94B1.90B1.96B1.87B2.47B2.09B1.63B1.38B1.40B
Total Equity1.68B1.66B1.89B1.96B1.99B2.10B2.14B2.32B2.24B2.28B2.24B
Cash537.41M551.98M695.99M779.76M826.06M771.02M981.63M762.69M640.79M445.26M621.71M
Net Debt--596.02M513.79M566.23M228.83M379.85M934.61M671.80M697.90M537.03M

Cash Flow

Currency: TWD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow458.47M375.99M493.13M578.73M514.86M352.59M236.39M218.87M572.75M265.92M235.95M
Investing Cash Flow-314.54M-293.26M-349.20M-316.82M-381.11M-198.67M-272.01M-294.63M---
Financing Cash Flow-41.98M-35.00M2.35M-166.76M-71.81M-213.93M252.64M-149.50M---
Capital Expenditure379.77M308.90M350.60M318.14M385.67M274.80M491.33M446.88M163.40M47.60M22.73M
Free Cash Flow--141.49M259.27M135.10M77.79M-256.27M-228.26M409.35M218.32M213.22M
Dividends Paid114.77M153.03M130.07M168.33M160.68M137.73M137.73M38.26M109.42M50.50M16.83M
FCF to OCF--28.69%44.80%26.24%22.06%-108.41%-104.29%71.47%82.10%90.37%
Dividend Paid to FCF--91.93%64.93%118.93%177.05%-53.74%-16.76%26.73%23.13%7.89%

Earnings

Report DateApr 22, 2007Oct 17, 2007Apr 28, 2008Apr 1, 2009Apr 28, 2011Oct 27, 2011Mar 24, 2012Nov 8, 2013May 12, 2014Aug 10, 2014Nov 6, 2014Mar 18, 2015May 12, 2015Aug 11, 2015Nov 11, 2015Mar 22, 2016May 10, 2016Aug 9, 2016Nov 10, 2016Mar 21, 2017May 11, 2017Aug 8, 2017Nov 9, 2017Mar 23, 2018May 10, 2018Aug 10, 2018Nov 9, 2018Mar 26, 2019May 6, 2019Aug 11, 2019Nov 13, 2019Mar 27, 2020May 11, 2020Aug 9, 2020Nov 8, 2020Mar 19, 2021May 10, 2021Aug 9, 2021Nov 10, 2021Mar 25, 2022May 10, 2022Aug 9, 2022Nov 8, 2022Mar 14, 2023May 9, 2023Nov 10, 2023Mar 20, 2024
EPS Estimate0.180.280.290.350.440.350.470.480.620.660.550.920.750.760.720.850.610.740.670.950.700.781.131.340.950.861.050.890.911.020.740.810.470.480.780.840.680.850.220.700.290.030.351.570.330.170.12
EPS Actual0.110.220.130.150.420.480.560.490.480.430.781.040.970.750.750.840.600.610.651.020.981.131.241.121.050.640.950.680.760.660.730.770.360.510.901.000.650.750.450.300.250.140.231.510.160.270.31
Surprise-38.89%-21.43%-55.17%-57.14%-4.55%37.14%19.15%2.08%-22.58%-34.85%41.82%13.04%29.33%-1.32%4.17%-1.18%-1.64%-17.57%-2.99%7.37%40.00%44.87%9.73%-16.42%10.53%-25.58%-9.52%-23.60%-16.48%-35.29%-1.35%-4.94%-23.40%6.25%15.38%19.05%-4.41%-11.76%104.55%-57.14%-13.79%366.67%-34.29%-3.82%-51.52%58.82%158.33%
TimingAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-market--After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-market-Pre-marketAfter-hoursAfter-hoursPre-market

Key Statistics & Ratios

Market Cap1.25B
Enterprise Value1.56B
Trailing P/E0.00
Forward P/E8.05
Price / Sales0.82
Price / Book0.56
EPS-0.68
Book Value26.96
Revenue (TTM)1.53B
Gross Profit (TTM)202.68M
EBITDA163.66M
Profit Margin-3.72%
Operating Margin-6.32%
Return on Equity-2.62%
Return on Assets-0.58%
Shares Outstanding84.17M
Shares Float29.97M
Beta0.21
Dividend Yield1.35%
Dividend Rate0.20
Payout Ratio2000.00%

Dividends

20261×
0.20Apr 16, 2026
20251×
0.20Apr 18, 2025
20241×
0.60Apr 19, 2024
20231×
1.30Apr 14, 2023
20221×
0.45Apr 15, 2022
20211×
1.64Jul 20, 2021
20201×
1.64Jul 9, 2020
20191×
1.91Jul 29, 2019
20181×
2.00Jul 26, 2018
20171×
1.55Aug 18, 2017
20161×
1.82Aug 25, 2016
20151×
1.36Jul 22, 2015
20141×
0.58Jul 17, 2014
20131×
0.52Jul 25, 2013
20121×
0.76Jul 30, 2012
20111×
0.54Aug 9, 2011
20101×
0.22Aug 2, 2010
20091×
0.13Aug 18, 2009
20081×
0.11Aug 11, 2008

Stock Splits

  • Aug 11, 20221100:1000
  • Jul 17, 20141050:1000
  • Jul 25, 20131.04:1
  • Jul 30, 20121.05:1
  • Aug 9, 20111.03:1
  • Aug 2, 20101020:1000
  • Aug 18, 2009108:100
  • Aug 11, 2008113:100