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Hwa Fong Rubber Ind Co Ltd
TWSE:2109

Watchlist Manager
Hwa Fong Rubber Ind Co Ltd
TWSE:2109
Watchlist
Price: 15.1 TWD 0.33%
Market Cap: NT$4.2B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+10%
5Y
-9%
10Y
-6%
Investing Cash Flow
+
3Y
+48%
5Y
+83%
10Y
+75%
Financing Cash Flow
+
3Y
-13%
5Y
-
10Y
+11%

Cash Flow Statement
Hwa Fong Rubber Ind Co Ltd

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Cash Flow Statement
Currency: TWD
Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
(50)
(103)
(26)
102
185
252
95
(29)
(88)
(77)
37
38
(621)
40
38
37
(78)
85
196
362
623
660
647
638
1 115
1 111
1 146
1 106
508
548
423
412
309
224
240
150
(785)
(812)
(937)
(1 082)
(116)
(125)
6
172
293
385
371
596
746
836
1 004
871
760
716
651
771
619
540
654
608
784
912
848
693
747
680
542
583
Depreciation & Amortization
376
381
382
384
388
388
389
391
399
398
393
371
309
294
294
276
371
359
356
363
315
335
330
318
345
322
323
335
328
327
323
319
315
306
300
298
291
268
240
213
200
205
218
228
226
229
224
220
215
212
210
211
210
212
215
216
212
210
206
198
198
190
176
173
169
168
172
171
Change in Deffered Taxes
7
7
7
20
2
12
17
1
27
17
5
12
(19)
0
0
0
24
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Non-Cash Items
85
107
94
89
91
(15)
(12)
(5)
(27)
39
29
53
683
85
138
145
134
219
215
193
130
100
90
84
(547)
(519)
(510)
(466)
149
135
274
218
277
255
82
86
947
969
987
1 060
132
139
132
71
66
58
42
35
(74)
(93)
(75)
(71)
22
36
60
(33)
28
27
(335)
(240)
(317)
(312)
(6)
(28)
(42)
(43)
(42)
(43)
Cash Taxes Paid
2
7
9
11
43
37
56
54
85
85
95
157
58
58
28
27
72
76
85
55
65
63
126
128
140
138
150
205
179
179
229
193
234
244
183
173
142
140
83
78
57
50
55
58
72
72
123
121
123
122
153
192
186
186
165
165
173
178
232
215
239
244
189
205
195
191
151
133
Cash Interest Paid
203
193
184
164
163
144
125
135
77
80
79
102
144
143
144
133
138
134
143
135
121
111
97
84
49
49
43
39
40
38
44
40
44
43
39
47
49
53
52
51
58
63
68
74
68
62
59
55
48
45
45
43
45
48
49
57
56
61
62
55
52
45
38
34
36
36
36
37
Change in Working Capital
(650)
142
527
961
932
393
(185)
(545)
(260)
(412)
(168)
(59)
(69)
(35)
140
35
321
(187)
(267)
(426)
(552)
(106)
(315)
(235)
(749)
(595)
(551)
(254)
(43)
(85)
(213)
(377)
(302)
(310)
(402)
(336)
(411)
(478)
(127)
36
95
352
140
49
(171)
(224)
(80)
(115)
11
(129)
(316)
(552)
(591)
(693)
(624)
(340)
30
346
487
387
(134)
(304)
(505)
(446)
(371)
(352)
(236)
(38)
Cash from Operating Activities
(232)
N/A
534
N/A
984
+84%
1 556
+58%
1 598
+3%
1 029
-36%
304
-71%
(187)
N/A
50
N/A
(35)
N/A
297
N/A
425
+43%
283
-33%
391
+38%
616
+58%
501
-19%
771
+54%
476
-38%
500
+5%
493
-1%
517
+5%
989
+91%
752
-24%
805
+7%
165
-80%
318
+93%
408
+28%
720
+77%
942
+31%
925
-2%
807
-13%
572
-29%
600
+5%
475
-21%
221
-54%
197
-11%
42
-78%
(52)
N/A
163
N/A
227
+39%
311
+37%
570
+83%
497
-13%
520
+5%
414
-20%
448
+8%
557
+24%
737
+32%
898
+22%
826
-8%
822
0%
460
-44%
401
-13%
271
-32%
303
+12%
614
+103%
888
+45%
1 123
+26%
1 013
-10%
953
-6%
531
-44%
486
-9%
513
+6%
390
-24%
502
+29%
453
-10%
436
-4%
674
+54%
Investing Cash Flow
Capital Expenditures
(268)
(307)
(274)
(240)
(200)
(126)
(142)
(151)
(122)
(113)
(90)
(68)
(232)
(228)
(237)
(278)
(151)
(285)
(380)
(343)
(255)
(332)
(319)
(394)
(447)
(396)
(364)
(316)
(275)
(291)
(317)
(311)
(315)
(336)
(435)
(535)
(628)
(634)
(757)
(712)
(667)
(651)
(390)
(348)
(294)
(407)
(447)
(494)
(460)
(318)
(315)
(288)
(255)
(235)
(151)
(98)
(97)
(94)
(99)
(96)
(111)
(106)
(100)
(93)
(185)
(194)
(198)
(189)
Other Items
169
44
119
127
(57)
(81)
(133)
(146)
213
367
343
382
(63)
5
(23)
51
(7)
57
111
100
618
32
667
640
840
766
93
(198)
(358)
(300)
111
233
236
(2)
(94)
127
25
484
74
(28)
(74)
(259)
69
101
169
175
(50)
(252)
(131)
(128)
(45)
188
(152)
(87)
(138)
(151)
99
22
788
1 115
1 224
1 274
549
196
115
54
80
58
Cash from Investing Activities
(98)
N/A
(264)
-169%
(155)
+41%
(113)
+27%
(256)
-127%
(207)
+19%
(275)
-32%
(296)
-8%
91
N/A
255
+181%
253
-1%
314
+24%
(295)
N/A
(223)
+24%
(260)
-17%
(227)
+13%
(159)
+30%
(227)
-43%
(270)
-19%
(243)
+10%
363
N/A
(300)
N/A
349
N/A
246
-29%
392
+59%
370
-6%
(271)
N/A
(515)
-90%
(634)
-23%
(590)
+7%
(206)
+65%
(77)
+63%
(80)
-3%
(338)
-324%
(529)
-57%
(408)
+23%
(603)
-48%
(150)
+75%
(683)
-354%
(740)
-8%
(741)
0%
(910)
-23%
(321)
+65%
(247)
+23%
(126)
+49%
(232)
-84%
(497)
-114%
(746)
-50%
(591)
+21%
(446)
+25%
(360)
+19%
(100)
+72%
(408)
-307%
(322)
+21%
(290)
+10%
(248)
+14%
2
N/A
(72)
N/A
689
N/A
1 019
+48%
1 113
+9%
1 168
+5%
450
-62%
102
-77%
(70)
N/A
(140)
-100%
(118)
+15%
(130)
-10%
Financing Cash Flow
Net Issuance of Common Stock
0
0
0
0
0
0
(42)
(79)
(100)
0
0
(21)
0
0
0
42
163
207
467
425
735
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Issuance of Debt
281
20
(329)
(836)
(881)
(1 015)
(480)
(139)
(116)
92
(114)
(156)
(51)
(202)
(292)
(341)
(443)
(273)
(276)
(533)
(666)
(975)
(960)
(502)
(117)
113
129
136
(71)
74
157
(27)
(81)
(121)
(36)
36
253
71
17
195
68
253
112
(87)
2
205
327
252
210
(52)
(37)
127
247
328
250
(32)
(265)
(325)
(607)
(728)
(546)
(527)
(146)
129
87
(11)
15
48
Cash Paid for Dividends
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(17)
(17)
0
0
0
(25)
0
0
(94)
0
0
0
(391)
(391)
0
0
0
(65)
0
0
(132)
(94)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(140)
0
(279)
0
(279)
0
(391)
(391)
(223)
0
(335)
(335)
(419)
0
(419)
(419)
Other
(20)
(19)
(28)
(27)
(31)
392
396
395
(19)
(442)
(449)
(451)
(6)
(13)
18
21
(10)
(21)
(22)
(46)
(24)
0
(73)
(48)
(48)
(48)
(46)
(46)
(46)
(46)
(62)
(62)
(62)
(62)
(28)
(28)
0
0
(30)
28
(58)
0
10
(48)
(48)
0
(45)
(45)
(45)
0
(91)
(91)
(91)
0
(119)
(259)
(119)
0
(108)
32
(108)
(197)
(89)
(110)
(110)
(21)
(105)
(113)
Cash from Financing Activities
262
N/A
1
-100%
(357)
N/A
(864)
-142%
(912)
-6%
(623)
+32%
(126)
+80%
177
N/A
(235)
N/A
(451)
-91%
(622)
-38%
(628)
-1%
(57)
+91%
(214)
-278%
(274)
-28%
(295)
-7%
(307)
-4%
(103)
+67%
152
N/A
(155)
N/A
20
N/A
(310)
N/A
(603)
-94%
(214)
+65%
(503)
-135%
(273)
+46%
(255)
+6%
(545)
-113%
(508)
+7%
(363)
+29%
(296)
+18%
(89)
+70%
(209)
-134%
(248)
-19%
(129)
+48%
(124)
+4%
159
N/A
(23)
N/A
(107)
-362%
138
N/A
10
-92%
195
+1 766%
64
-67%
(135)
N/A
(46)
+66%
158
N/A
282
+79%
207
-27%
165
-20%
(98)
N/A
(129)
-32%
36
N/A
16
-55%
97
+508%
(149)
N/A
(430)
-189%
(663)
-54%
(723)
-9%
(966)
-34%
(1 087)
-13%
(878)
+19%
(948)
-8%
(571)
+40%
(316)
+45%
(442)
-40%
(451)
-2%
(509)
-13%
(484)
+5%
Change in Cash
Effect of Foreign Exchange Rates
(85)
(68)
(41)
(18)
(6)
(1)
(3)
(18)
(84)
(96)
(129)
(101)
46
34
106
59
(16)
28
(24)
5
(9)
(15)
(18)
14
51
28
14
16
(23)
(26)
2
(49)
(29)
(64)
(48)
(13)
(24)
29
15
20
30
(19)
103
107
53
(28)
(87)
(162)
(120)
(53)
(184)
(198)
(200)
(104)
(12)
114
105
57
28
31
28
68
93
137
179
183
(39)
(78)
Net Change in Cash
(153)
N/A
204
N/A
431
+112%
561
+30%
423
-25%
199
-53%
(100)
N/A
(324)
-223%
(178)
+45%
(326)
-83%
(201)
+38%
10
N/A
(22)
N/A
(13)
+44%
188
N/A
38
-80%
290
+658%
175
-40%
359
+106%
101
-72%
891
+785%
364
-59%
481
+32%
851
+77%
105
-88%
443
+323%
(104)
N/A
(323)
-211%
(222)
+31%
(54)
+76%
306
N/A
357
+17%
282
-21%
(176)
N/A
(485)
-176%
(347)
+28%
(426)
-23%
(197)
+54%
(613)
-211%
(356)
+42%
(388)
-9%
(163)
+58%
344
N/A
245
-29%
296
+21%
345
+17%
255
-26%
35
-86%
353
+904%
229
-35%
149
-35%
198
+33%
(190)
N/A
(58)
+69%
(147)
-151%
50
N/A
332
+564%
385
+16%
764
+98%
916
+20%
794
-13%
773
-3%
485
-37%
313
-35%
169
-46%
45
-74%
(231)
N/A
(19)
+92%
Free Cash Flow
Free Cash Flow
(500)
N/A
227
N/A
710
+213%
1 316
+85%
1 398
+6%
903
-35%
162
-82%
(337)
N/A
(71)
+79%
(147)
-106%
207
N/A
357
+73%
51
-86%
163
+220%
380
+132%
223
-41%
620
+178%
191
-69%
120
-37%
150
+25%
261
+75%
657
+151%
434
-34%
411
-5%
(283)
N/A
(78)
+73%
44
N/A
404
+820%
667
+65%
634
-5%
490
-23%
262
-47%
284
+9%
139
-51%
(214)
N/A
(338)
-58%
(586)
-73%
(687)
-17%
(594)
+13%
(485)
+18%
(356)
+27%
(81)
+77%
107
N/A
172
+60%
120
-30%
41
-66%
110
+168%
242
+121%
438
+81%
507
+16%
507
0%
172
-66%
146
-16%
35
-76%
152
+328%
517
+241%
791
+53%
1 029
+30%
914
-11%
858
-6%
420
-51%
380
-10%
413
+9%
297
-28%
318
+7%
259
-18%
238
-8%
485
+104%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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