Taiwan Paiho Ltd

Chart & Performance

D1W1MN

P/E

34.97

P/S

1.63

EPS

1.95

Div Yield, %

3.67%

Shrs. gr., 5y

-0.02%

Rev. gr., 5y

-1.93%

Revenues

12.45b

-23.51%

Net income

581m

-61.77%

CFO

1.36b

-55.57%

Dividend

Aug 02, 20241 TWD/sh

Earnings

Mar 11, 2025

Profile

Taiwan Paiho Limited manufactures and sells touch fastener, webbings, elastic, easy tapes, and fabrics in Taiwan and internationally. The company offers general footwear and webbings for garments, shoelaces, and pull strings; touch fasteners; knitted elastic, flat woven elastic, jacquard elastic, and multi-directional textile with elasticity; easy tape products for applications in paper diapers, medical equipment, computer pipelines, outdoor sporting goods, car seats and interiors, and other accessories; bamboo charcoal yarn, bamboo charcoal insulation cotton, recycled pet yarn, and other processed products; powder coating products; and jacquard digital woven fabric, jacquard engineered mesh, and other fabrics for use in footwear, garment, boutique suitcase and bags, and home decor. It also sells houses and apartment buildings built by the construction enterprises. In addition, the company engages in the production and marketing of embroidery, consumer electronic accessories, and masks and non-woven products; commercial property management; planning consultant, development, and leasing of real estate; and provision of design decoration services, as well as engages in international investment and trading activities. The company was formerly known as San Ho Hsin Limited and changed its name to Taiwan Paiho Limited in 1986. Taiwan Paiho Limited was founded in 1979 and is headquartered in Changhua, Taiwan.

URL

https://www.paiho.com/

IPO date

Jan 12, 2001

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	12,445,203 -23.51%	16,270,386 -11.03%	18,287,786 24.87%
Cost of revenue	11,384,559	13,653,177	14,291,280
Unusual Expense (Income)
NOPBT	1,060,644	2,617,209	3,996,506
NOPBT Margin	8.52%	16.09%	21.85%
Operating Taxes	193,588	781,853	1,360,847
Tax Rate	18.25%	29.87%	34.05%
NOPAT	867,056	1,835,356	2,635,659
Net income	581,179 -61.77%	1,520,410 -26.19%	2,059,783 32.73%
Dividends	(744,910)	(1,042,874)	(893,892)
Dividend yield	4.34%	6.15%	3.67%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	8,561,409	11,384,430	3,575,407
Long-term debt	4,521,790	821,854	5,471,093
Deferred revenue	117,007	126,665	84,498
Other long-term liabilities	229,589	213,880	280,149
Net debt	8,756,422	8,360,567	5,226,137
Cash flow
Cash from operating activities	1,363,088	3,067,848	2,288,805
CAPEX	(1,726,046)	(3,715,271)	(1,466,051)
Cash from investing activities	(1,745,253)	(3,454,653)	(1,130,035)
Cash from financing activities	205,806	918,135	(3,483,142)
FCF	(235,183)	(2,375,943)	(918)
Balance
Cash	4,091,152	4,099,954	3,753,156
Long term investments	235,625	(254,237)	67,207
Excess cash	3,704,517	3,032,198	2,905,974
Stockholders' equity	11,261,906	13,760,455	12,902,614
Invested Capital	23,587,427	22,912,923	18,992,079
ROIC	3.73%	8.76%	14.32%
ROCE	3.69%	9.52%	17.17%
EV
Common stock shares outstanding	298,242	298,546	298,486
Price	57.60 1.41%	56.80 -30.48%	81.70 10.41%
Market cap	17,178,739 1.31%	16,957,413 -30.46%	24,386,306 10.42%
EV	28,274,090	28,021,811	32,482,311
EBITDA	2,389,220	3,872,210	5,277,886
EV/EBITDA	11.83	7.24	6.15
Interest	617,646	289,752	137,897
Interest/NOPBT	58.23%	11.07%	3.45%