Forest Water Environmental Engineering Co., Ltd. (TPE:8473)

Taiwan · Delayed Price · Currency is TWD

45.90

-0.50 (-1.08%)

Aug 28, 2026, 1:30 PM CST

TPE:8473 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	5,372	5,125	3,387	3,680	3,923	3,962
Revenue Growth	31.21%	51.31%	-7.96%	-6.20%	-1.00%	-11.69%
Gross Profit	1,371	1,213	751.69	619.1	266.53	895.66
Operating Income	1,054	905.22	508.23	406.95	39.2	686.83
Net Income	628.24	461.88	167.19	39.75	-273	195.87
Earnings Per Share	3.35	2.47	0.90	0.23	-1.83	1.26
EPS Growth	123.31%	175.12%	291.67%	-	-	21.85%

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	3,576	4,482	3,382	2,749	2,299	2,895
Total Debt	5,445	5,302	5,544	5,383	5,846	6,018
Net Cash (Debt)	-1,869	-820.24	-2,163	-2,634	-3,547	-3,123
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-9.90	-4.35	-11.50	-14.90	-23.83	-18.78

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	1,432	1,640	887.87	566.68	-318.39	96.36
Capital Expenditures	-33.7	-81.76	-433.99	-80.48	-44.13	-22.11
Free Cash Flow	1,399	1,558	453.88	486.2	-362.52	74.25
Free Cash Flow Growth	69.93%	243.35%	-6.65%	-	-	-86.46%

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	25.51%	23.66%	22.19%	16.83%	6.79%	22.60%
Operating Margin	19.62%	17.66%	15.01%	11.06%	1.00%	17.33%
Pretax Margin	17.34%	14.96%	12.80%	7.71%	-3.35%	12.96%
Profit Margin	11.69%	9.01%	4.94%	1.08%	-6.96%	4.94%
FCF Margin	26.04%	30.41%	13.40%	13.21%	-9.24%	1.87%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 29, 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
Dividend Per Share	0.800	0.800	0.725	-	-	0.824
Dividend Per Share Growth	0%	10.35%	-	-	-	-9.05%
Dividend Yield	1.73%	2.14%	2.06%	-	-	2.69%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 29, 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	13.72	14.64	38.86	112.42	-	24.49
Forward PE	-	18.60	18.60	18.60	18.60	18.60
P/FCF Ratio	5.95	4.34	14.31	9.19	-	64.60
PS Ratio	1.55	1.32	1.92	1.21	1.01	1.21