Business Overview
[[宏和]]精密紡織 (Hong Ho Precision Textile) 業務涵蓋精緻布料生產及營建開發。紡織部門生產高品質平織布、長短纖交織布、[[超細纖維]]布，主攻高端成衣及戶外運動市場；營建部門於板橋自有土地開發住宅案「君麟」，轉型為成屋銷售與租賃，貢獻顯著獲利。
Supply Chain
紡織事業:
- 位於中游織布染整環節
- 採購紗線，織造染整後銷售
營建事業:
- 不動產開發商 (自建自售/租)
Customers and Suppliers
主要客戶
- 紡織: 國際高端戶外品牌如[[The North Face]]、[[Arc'teryx]]、[[Patagonia]]
- 營建: 住宅買家、租戶
主要供應商
- 紗線: 國內化纖紗線廠如[[南亞]]、[[力麗]]、[[遠東新]]
Financial Tables
Valuation Metrics (Share price $17.10 as of 2026-03-26 | TTM through 2025-12-31 | Forward forecast through 2026-12-31)
| P/E (TTM) | Forward P/E | P/S (TTM) | P/B | EV/EBITDA |
|---|---|---|---|---|
| 10.56 | N/A | 2.31 | 0.85 | 3.62 |
Annual Financials (Last 3 Years)
| 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|
| Revenue | 3676.40 | 573.29 | 155.71 |
| Gross Profit | 1836.07 | 240.96 | 18.32 |
| Gross Margin (%) | 49.94 | 42.03 | 11.76 |
| Selling & Marketing Exp | 253.97 | 45.90 | 19.30 |
| R&D Exp | - | - | - |
| General & Admin Exp | 74.23 | 49.54 | 40.16 |
| Operating Income | 1507.88 | 145.53 | -41.15 |
| Operating Margin (%) | 41.01 | 25.38 | -26.43 |
| Net Income | 1352.51 | 109.95 | -37.81 |
| Net Margin (%) | 36.79 | 19.18 | -24.28 |
| Op Cash Flow | 3283.52 | 524.24 | -348.63 |
| Investing Cash Flow | -0.51 | -0.40 | -0.19 |
| Financing Cash Flow | -2535.28 | -515.64 | 383.14 |
| CAPEX | -0.41 | -0.21 | 0.00 |
Quarterly Financials (Last 4 Quarters)
| 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | |
|---|---|---|---|---|
| Revenue | 221.04 | 472.91 | 293.91 | 620.36 |
| Gross Profit | 95.41 | 232.50 | 134.72 | 297.22 |
| Gross Margin (%) | 43.17 | 49.16 | 45.84 | 47.91 |
| Selling & Marketing Exp | 12.87 | 40.95 | 21.13 | 45.13 |
| R&D Exp | - | - | - | - |
| General & Admin Exp | 11.28 | 10.33 | 10.29 | 33.20 |
| Operating Income | 71.27 | 181.21 | 103.30 | 218.89 |
| Operating Margin (%) | 32.24 | 38.32 | 35.15 | 35.28 |
| Net Income | 81.26 | 142.41 | 57.96 | 105.71 |
| Net Margin (%) | 36.76 | 30.11 | 19.72 | 17.04 |
| Op Cash Flow | 5.87 | 71.15 | 442.60 | 262.40 |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | -0.19 |
| Financing Cash Flow | -228.34 | -52.91 | -102.90 | -2.74 |
| CAPEX | 0.00 | 0.00 | 0.00 | -0.09 |