Tang Eng Iron Works Co., Ltd. (TPEX:2035)

Taiwan · Delayed Price · Currency is TWD

26.95

+0.40 (1.51%)

Nov 6, 2026, 12:55 PM CST

Tang Eng Iron Works 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	Sep '26 Sep 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	9,582	9,602	12,189	10,707	14,021	16,813
Revenue Growth	-11.75%	-21.22%	13.85%	-23.64%	-16.60%	55.26%
Gross Profit	-334.6	-1,252	-490.14	-864.32	5.91	1,972
Operating Income	-623.74	-1,552	-798.56	-1,143	-286.24	1,611
Net Income	-574.99	-1,652	-771.74	-1,125	-224.95	1,586
Earnings Per Share	-1.65	-4.72	-2.20	-3.22	-0.64	4.53
EPS Growth	-	-	-	-	-	-

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
Taiwan	8,983	11,434	9,748	13,030	16,785
Other Countries	619.72	755.65	958.54	991.03	28.21
Total	9,602	12,189	10,707	14,021	16,813

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	50.64	222.3	114.17	288.67	507.04	1,054
Total Debt	11,877	10,947	9,624	7,840	7,182	9,212
Net Cash (Debt)	-11,827	-10,724	-9,510	-7,551	-6,675	-8,159
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-33.92	-30.64	-27.17	-21.58	-19.07	-23.31

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	-2,016	-981.07	-1,699	-584.93	1,559	430.64
Capital Expenditures	-259.41	-208.27	-213.33	-288.17	-78.64	-127.36
Free Cash Flow	-2,275	-1,189	-1,912	-873.1	1,480	303.28
Free Cash Flow Growth	-	-	-	-	388.10%	51.12%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	-3.49%	-13.04%	-4.02%	-8.07%	0.04%	11.73%
Operating Margin	-6.51%	-16.16%	-6.55%	-10.67%	-2.04%	9.58%
Pretax Margin	-6.02%	-17.21%	-6.33%	-10.51%	-1.60%	9.43%
Profit Margin	-6.00%	-17.21%	-6.33%	-10.51%	-1.60%	9.44%
FCF Margin	-23.75%	-12.39%	-15.68%	-8.15%	10.56%	1.80%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 7, 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	-	-	-	-	-	7.89
P/FCF Ratio	-	-	-	-	7.51	41.26
PS Ratio	0.98	1.11	0.90	1.09	0.79	0.74