Hiwin Technologies Corp

Chart & Performance

D1W1MN

P/E

37.14

P/S

3.00

EPS

5.57

Div Yield, %

1.11%

Shrs. gr., 5y

1.18%

Rev. gr., 5y

3.83%

Revenues

24.39b

-0.98%

Net income

1.97b

-3.09%

CFO

3.62b

-24.14%

Dividend

Jul 10, 20242.5 TWD/sh

Earnings

May 08, 2025

Profile

Hiwin Technologies Corp. manufactures and sells motion control and systematic technology products worldwide. The company operates through Linear Guideways, Ballscrews, and Others segments. It offers ballscrews, linear guideways, end effectors, datorker robot reducers, bearings, and torque motor rotary tables, as well as single and multi-axis robots; and medical robots and equipment; and aerospace automation equipment parts, as well as computer numerical control milling machines. The company provides components, industrial robots, special machines, and after-sales services for machine tools, industrial machinery, bioscience, medical equipment, equipment of electronics industry, photo-electricity, semiconductor devices and automation, etc. It also engages in the research, development, design, and manufacture of solar cells, electronic components, electric power supplies, and electric transmission and power distribution machinery products, as well as gear cutting tools and machinery; provision of thread forming machinery; and sale of gear cutting tools and machinery. The company offers its products under the HIWIN brand name. Hiwin Technologies Corp. was founded in 1989 and is headquartered in Taichung, Taiwan.

URL

https://www.hiwin.tw/

IPO date

Jun 20, 2007

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title TWD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title TWD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	24,391,684 -0.98%	24,632,772 -15.97%	29,314,648 7.52%
Cost of revenue	22,332,899	21,981,822	23,742,199
Unusual Expense (Income)
NOPBT	2,058,785	2,650,950	5,572,449
NOPBT Margin	8.44%	10.76%	19.01%
Operating Taxes	386,817	708,540	1,506,215
Tax Rate	18.79%	26.73%	27.03%
NOPAT	1,671,968	1,942,410	4,066,234
Net income	1,971,948 -3.09%	2,034,748 -54.58%	4,479,381 26.81%
Dividends	(884,481)	(1,945,857)	(1,533,565)
Dividend yield	0.76%	2.33%	2.42%
Proceeds from repurchase of equity			2,075,000
BB yield			-3.27%
Debt
Debt current	2,568,717	2,215,188	2,811,093
Long-term debt	8,604,666	7,801,221	7,217,550
Deferred revenue
Other long-term liabilities	182,983	190,138	225,902
Net debt	1,912,030	1,214,856	1,393,986
Cash flow
Cash from operating activities	3,618,621	4,770,366	6,077,540
CAPEX	(3,714,415)	(2,944,471)	(2,177,134)
Cash from investing activities	(3,882,722)	(2,846,034)	(2,203,235)
Cash from financing activities	(18,953)	(1,800,208)	(1,921,497)
FCF	(419,597)	1,306,808	3,064,959
Balance
Cash	7,354,041	7,573,874	7,457,998
Long term investments	1,907,312	1,227,679	1,176,659
Excess cash	8,041,769	7,569,914	7,168,925
Stockholders' equity	24,203,194	27,645,224	27,495,566
Invested Capital	39,817,104	37,275,193	36,415,001
ROIC	4.34%	5.27%	11.33%
ROCE	4.23%	5.80%	12.54%
EV
Common stock shares outstanding	355,342	354,710	347,467
Price	329.00 40.00%	235.00 28.77%	182.50 -40.46%
Market cap	116,907,423 40.25%	83,356,850 31.45%	63,412,728 -40.02%
EV	118,964,544	84,688,007	65,020,050
EBITDA	4,393,255	4,976,759	7,774,019
EV/EBITDA	27.08	17.02	8.36
Interest	178,230	194,843	186,879
Interest/NOPBT	8.66%	7.35%	3.35%