HORNG SHIUE HOLDING Co., Ltd. (TPE:2243)

Taiwan · Delayed Price · Currency is TWD

49.95

+4.50 (9.90%)

Sep 9, 2026, 1:30 PM CST

HORNG SHIUE HOLDING Financials Overview

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,963	1,739	1,912	1,675	1,698	1,500
Revenue Growth	9.09%	-9.02%	14.14%	-1.38%	13.22%	97.98%
Gross Profit	255.77	250.32	165.07	11.17	136.89	76.75
Operating Income	94.88	103.49	33.4	-115.64	14.8	-10.34
Net Income	81.09	84.59	16.73	-144.34	-28.64	-79.48
Earnings Per Share	1.17	1.22	0.24	-2.21	-0.65	-1.82
EPS Growth	166.88%	408.06%	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Asia	1,265	1,704	1,311	1,263	1,286
South America	-	0.22	148.94	85.55	59.78
Europe	474.08	205.78	214.78	70.91	116.65
Africa	-	1.18	0.04	278.54	37.96
Total	1,739	1,912	1,675	1,698	1,500

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	591.05	478.16	479.66	232.12	215.76	252.29
Total Debt	838.03	830.17	923.02	742.67	1,040	1,583
Net Cash (Debt)	-246.98	-352.01	-443.36	-510.55	-823.87	-1,331
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.56	-5.07	-6.39	-7.83	-18.69	-30.39

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	222.78	112.86	329.77	40.91	46.22	317.86
Capital Expenditures	-34.1	-63.98	-8.87	-36.87	-7.31	-48.27
Free Cash Flow	188.68	48.87	320.91	4.04	38.91	269.59
Free Cash Flow Growth	28.56%	-84.77%	7839.29%	-89.61%	-85.57%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	13.03%	14.39%	8.63%	0.67%	8.06%	5.12%
Operating Margin	4.83%	5.95%	1.75%	-6.91%	0.87%	-0.69%
Pretax Margin	4.13%	5.11%	1.57%	-7.56%	-0.99%	-5.33%
Profit Margin	4.13%	4.86%	0.88%	-8.62%	-1.69%	-5.30%
FCF Margin	9.61%	2.81%	16.79%	0.24%	2.29%	17.97%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 9, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	42.70	9.39	70.06	-	-	-
P/FCF Ratio	18.37	16.25	3.65	317.52	19.32	3.11
PS Ratio	1.77	0.46	0.61	0.77	0.44	0.56