Honyi International Company Limited

4530 · TWO · Industrials / Metal Fabrication

26.00TWD+0.60 (+2.36%)

Price History

Full chart

Market Stats

Previous Close25.40

Open26.00

Day Range26.00 – 26.00

52-Week Range22.00 – 34.40

Volume2.00K

Market Cap859.08M

P/E (TTM)38.71

Forward P/E0.00

EPS0.62

Dividend Yield0.00%

Beta-0.03

50-Day Avg25.81

200-Day Avg27.04

About

Tianyi Water Energy Solutions Inc., together with its subsidiaries, engages in the metal forging business in Taiwan. Its services include wastewater and sewage treatment; wholesale of industrial additives; and construction of environmental protection engineering projects. The company was formerly known as Honyi International Company Limited and changed its name to Tianyi Water Energy Solutions Inc. in July 2026. Tianyi Water Energy Solutions Inc. was founded in 1973 and is headquartered in Taipei, Taiwan.

Company Details

SectorIndustrials
IndustryMetal Fabrication
CEOGuanwei Chen
Employees0
HeadquartersNo. 112, Section 2, Taipei, Taiwan, 104, Taiwan
Websitehttps://www.honyigroup.com

Leadership

Guanwei ChenChairman & Manager
Mr. Wu-Chang ChenFounder · b. 1954
Yuxi CaiAccounting Supervisor

Financials

Income Statement

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	159.67M	196.67M	161.97M	62.80M	348.89M
Growth (%)	-	+23.18%	-17.65%	-61.23%	+455.57%
Cost of Revenue	106.84M	124.00M	118.38M	35.26M	211.33M
Gross Profit	52.83M	72.68M	43.59M	27.54M	137.56M
Gross Margin	33.09%	36.95%	26.92%	43.86%	39.43%
Operating Expense	81.49M	84.76M	84.49M	8.30M	75.56M
Operating Income	-28.66M	-12.09M	-40.90M	19.25M	62.00M
Operating Margin	-17.95%	-6.15%	-25.25%	30.65%	17.77%
EBITDA	-	22.81M	-25.42M	40.52M	84.47M
EBITDA Margin	-	11.60%	-15.70%	64.53%	24.21%
Net Income	-21.85M	-13.33M	-62.16M	-69.59M	9.48M
Net Income Margin	-13.69%	-6.78%	-38.38%	-110.82%	2.72%
Interest Expense	1.12M	1.51M	1.65M	0	692.00K
Interest Expense % of Total Revenue	0.70%	0.77%	1.02%	0.00%	0.20%

Balance Sheet

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	356.69M	342.46M	256.93M	333.75M	677.42M
Total Liabilities	72.55M	91.02M	69.62M	61.12M	185.79M
Total Equity	270.33M	234.11M	170.84M	253.01M	466.12M
Cash	100.61M	77.79M	36.85M	82.69M	381.03M

Cash Flow

Currency: TWD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-2.77M	21.85M	-13.55M	18.26M	37.24M
Capital Expenditure	19.35M	67.43M	16.79M	1.90M	3.63M
Free Cash Flow	-22.12M	-45.58M	-30.34M	16.36M	33.61M
FCF to OCF	798.99%	-208.66%	223.88%	89.60%	90.26%

Key Statistics & Ratios

Market Cap859.08M

Enterprise Value722.13M

Trailing P/E38.71

Forward P/E0.00

Price / Sales2.13

Price / Book2.01

EPS0.62

Book Value12.28

Revenue (TTM)402.91M

Gross Profit (TTM)110.75M

EBITDA41.03M

Profit Margin1.08%

Operating Margin-22.78%

Return on Equity2.88%

Return on Assets2.29%

Shares Outstanding35.79M

Shares Float19.27M

Beta-0.03

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Stock Splits

Dec 18, 2025392.7279:1000
Dec 11, 20130.36:1