Hiwin Technologies Corp

Chart & Performance

D1W1MN

P/E

49.64

P/S

4.10

EPS

5.75

Div Yield, %

1.93%

Shrs. gr., 5y

1.61%

Rev. gr., 5y

-3.43%

Revenues

24.63b

-15.97%

Net income

2.03b

-54.58%

CFO

4.77b

-21.51%

Dividend

Jul 10, 20242.5 TWD/sh

Earnings

Feb 25, 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	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	24,632,772 -15.97%	29,314,648 7.52%	27,265,162 28.21%
Cost of revenue	21,981,822	23,742,199	22,150,569
Unusual Expense (Income)
NOPBT	2,650,950	5,572,449	5,114,593
NOPBT Margin	10.76%	19.01%	18.76%
Operating Taxes	708,540	1,506,215	1,320,127
Tax Rate	26.73%	27.03%	25.81%
NOPAT	1,942,410	4,066,234	3,794,466
Net income	2,034,748 -54.58%	4,479,381 26.81%	3,532,230 83.04%
Dividends	(1,945,857)	(1,533,565)	(661,733)
Dividend yield	2.33%	2.42%	0.63%
Proceeds from repurchase of equity		2,075,000
BB yield		-3.27%
Debt
Debt current	2,215,188	2,811,093	5,969,106
Long-term debt	7,801,221	7,217,550	6,313,428
Deferred revenue			230,051
Other long-term liabilities	190,138	225,902	13,669
Net debt	1,214,856	1,393,986	5,127,565
Cash flow
Cash from operating activities	4,770,366	6,077,540	8,160,332
CAPEX	(2,944,471)	(2,177,134)	(2,257,887)
Cash from investing activities	(2,846,034)	(2,203,235)	(2,384,580)
Cash from financing activities	(1,800,208)	(1,921,497)	(2,837,893)
FCF	1,306,808	3,064,959	3,940,753
Balance
Cash	7,573,874	7,457,998	5,435,948
Long term investments	1,227,679	1,176,659	1,719,021
Excess cash	7,569,914	7,168,925	5,791,711
Stockholders' equity	27,645,224	27,495,566	24,958,095
Invested Capital	37,275,193	36,415,001	35,373,959
ROIC	5.27%	11.33%	10.39%
ROCE	5.80%	12.54%	12.22%
EV
Common stock shares outstanding	354,710	347,467	344,938
Price	235.00 28.77%	182.50 -40.46%	306.50 -20.29%
Market cap	83,356,850 31.45%	63,412,728 -40.02%	105,723,611 -17.27%
EV	84,688,007	65,020,050	111,038,006
EBITDA	4,976,759	7,774,019	7,350,791
EV/EBITDA	17.02	8.36	15.11
Interest	194,843	186,879	169,159
Interest/NOPBT	7.35%	3.35%	3.31%