Her Chee Industrial Co Ltd

8937 · TWO · Consumer Cyclical / Recreational Vehicles

22.95TWD-0.10 (-0.43%)

Price History

Full chart

Market Stats

Previous Close23.05

Open23.05

Day Range20.80 – 23.05

52-Week Range21.60 – 174.50

Volume151.78K

Market Cap10.70B

P/E (TTM)315.00

Forward P/E0.00

EPS0.08

Dividend Yield0.00%

Beta-0.21

50-Day Avg26.42

200-Day Avg31.67

About

Her Chee Industrial Co., Ltd. manufactures and sells professional vehicles under the ADLY moto brand name in Taiwan. The company offers ATV utility and sports vehicles, and agro-delivery ATVs, scooters, electric vehicles, golf and cargo carts, and other transportation. It also provides locomotives, locomotive leads, electric locomotives, and other means of transportation. The company is involved in land development, energy storage service, ship leasing, and vessel leasing. It also exports its products. Her Chee Industrial Co., Ltd. was founded in 1976 and is based in Chiayi, Taiwan.

Company Details

SectorConsumer Cyclical
IndustryRecreational Vehicles
CEOMs. Chen Yu Yu
Employees83
HeadquartersNo. 2, Yi-Kung 2 Road, Chiayi, Taiwan, Taiwan
Websitehttps://www.hercheemoto.com

Leadership

Ms. Chen Yu YuChairman of the Board of Directors and President
Chen Shu LingFinance Supervisor
Chen Ying ZhenAccounting Supervisor
Ceng Zhao ShunInformation Officer

Financials

Income Statement

Currency: TWD	2017-12-31	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	304.78M	296.64M	313.78M	282.81M	126.17M	212.09M	159.95M	131.89M	65.67M
Growth (%)	-	-2.67%	+5.78%	-9.87%	-55.39%	+68.10%	-24.59%	-17.54%	-50.21%
Cost of Revenue	268.46M	258.93M	280.54M	251.02M	139.98M	175.04M	140.55M	130.58M	103.93M
Gross Profit	36.32M	37.71M	33.25M	31.79M	-13.81M	37.05M	19.40M	1.32M	-38.26M
Gross Margin	11.92%	12.71%	10.60%	11.24%	-10.95%	17.47%	12.13%	1.00%	-58.27%
Operating Expense	52.05M	51.97M	59.54M	60.93M	51.02M	5.66M	32.97M	55.71M	118.94M
Operating Income	-15.73M	-14.26M	-26.30M	-29.14M	-64.83M	31.39M	-13.57M	-54.39M	-157.20M
Operating Margin	-5.16%	-4.81%	-8.38%	-10.30%	-51.39%	14.80%	-8.48%	-41.24%	-239.39%
EBITDA	-5.31M	21.95M	-2.64M	-16.51M	-51.83M	45.98M	973.00K	45.02M	-66.18M
EBITDA Margin	-1.74%	7.40%	-0.84%	-5.84%	-41.08%	21.68%	0.61%	34.13%	-100.78%
Net Income	-16.66M	7.70M	-13.98M	-3.49M	-57.27M	4.70M	51.79M	32.80M	-73.98M
Net Income Margin	-5.47%	2.60%	-4.46%	-1.23%	-45.39%	2.22%	32.38%	24.87%	-112.65%
R&D	12.37M	11.12M	9.85M	16.64M	16.14M	15.36M	8.28M	8.61M	7.06M
R&D as % of Total Revenue	4.06%	3.75%	3.14%	5.88%	12.79%	7.24%	5.17%	6.53%	10.75%
Interest Expense	0	6.00K	173.00K	524.00K	2.20M	4.98M	9.50M	11.69M	31.75M
Interest Expense % of Total Revenue	0.00%	0.00%	0.06%	0.19%	1.74%	2.35%	5.94%	8.86%	48.34%

Balance Sheet

Currency: TWD	2017-12-31	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	793.57M	806.34M	865.34M	997.28M	985.95M	1.39B	1.42B	1.56B	4.74B
Total Liabilities	74.03M	74.70M	99.67M	246.73M	295.79M	659.92M	650.43M	560.12M	2.09B
Total Equity	719.54M	731.64M	765.67M	750.55M	689.24M	694.80M	732.86M	969.17M	2.63B
Cash	113.28M	59.93M	198.17M	158.99M	20.71M	197.54M	192.40M	44.54M	116.70M
Total Debt	-	-	-	170.20M	234.97M	519.83M	558.36M	-	-
Net Debt	-	-	-	11.22M	214.26M	322.29M	365.96M	387.85M	399.74M

Cash Flow

Currency: TWD	2002-12-31	2017-12-31	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	-	-54.80M	11.74M	72.18M	-29.73M	-82.23M	68.10M	11.65M	-35.77M	-209.91M
Investing Cash Flow	-	-35.03M	-72.96M	41.40M	-164.85M	-121.82M	-	-	-	-
Financing Cash Flow	-	7.87M	7.87M	24.65M	155.41M	65.78M	231.26M	44.06M	-	-
Capital Expenditure	0	9.12M	6.04M	9.89M	20.66M	6.54M	144.14M	64.63M	346.68M	3.13B
Free Cash Flow	-	-61.78M	4.65M	60.06M	-50.39M	-88.78M	-76.05M	-52.98M	-382.46M	-3.34B
Dividends Paid	-	7.64M	7.64M	7.64M	13.77M	-	-	-	-	10.23M
FCF to OCF	-	112.75%	39.63%	83.20%	169.48%	107.96%	-111.67%	-454.82%	1069.15%	1590.69%
Dividend Paid to FCF	-	-12.37%	164.24%	12.72%	-27.33%	-	-	-	-	-0.31%

Earnings

Report Date	Dec 31, 2012	Mar 31, 2013	Jun 30, 2013	Sep 30, 2013	Dec 31, 2013	Mar 31, 2014	Jun 30, 2014	Sep 30, 2014	Dec 31, 2014	Mar 31, 2015	Jun 30, 2015	Sep 30, 2015	Dec 31, 2015	Mar 31, 2016	Jun 30, 2016	Sep 30, 2016	Dec 31, 2016	Mar 31, 2017	Jun 30, 2017	Sep 30, 2017	Dec 31, 2017	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Dec 31, 2019	Mar 31, 2020	Jun 30, 2020	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Dec 31, 2021	Mar 31, 2022	Jun 30, 2022	Sep 30, 2022	Dec 31, 2022	Mar 31, 2023
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	0.06	0.03	0.15	0.08	-0.02	0.07	0.05	0.04	0.07	-0.15	-0.06	0.41	-0.09	0.08	-0.00	-0.16	0.02	-0.26	0.09	0.04	-0.11	-0.02	0.05	0.11	-0.03	0.08	0.14	-0.23	-0.18	-0.05	-0.08	0.00	0.08	-0.07	-0.30	-0.36	-0.05	0.37	-0.24	0.01	-0.08	0.36
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap10.70B

Enterprise Value12.84B

Trailing P/E315.00

Forward P/E0.00

Price / Sales24.96

Price / Book4.85

EPS0.08

Book Value5.54

Revenue (TTM)428.84M

Gross Profit (TTM)67.91M

EBITDA-177.11M

Profit Margin6.11%

Operating Margin-14.86%

Return on Equity0.87%

Return on Assets-2.79%

Shares Outstanding424.74M

Shares Float186.57M

Beta-0.21

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio31.57%

Dividends

20251×

0.03Sep 9, 2025

20201×

0.05Jul 21, 2020

20191×

0.03Jul 25, 2019

20161×

0.03Sep 22, 2016

20151×

0.06Aug 26, 2015

20141×

0.03Aug 14, 2014

20091×

0.03Jul 29, 2009

20081×

0.04Jul 31, 2008

Stock Splits

Apr 1, 20264000:1000