Hwang Chang General Contractor Co Ltd
TWSE:2543

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Hwang Chang General Contractor Co Ltd Logo
Hwang Chang General Contractor Co Ltd
TWSE:2543
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Price: 66.5 TWD 9.92%
Market Cap: 35.4B TWD
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+36%
5Y
+82%
10Y
+87%
Operating Income
+
3Y
+3 738%
5Y
+2 335%
10Y
+681%
Net Income
+
3Y
+227%
5Y
+3 895%
10Y
+656%

Earnings Waterfall
Hwang Chang General Contractor Co Ltd

Revenue
11.4B TWD
Cost of Revenue
-8.8B TWD
Gross Profit
2.6B TWD
Operating Expenses
-484.1m TWD
Operating Income
2.1B TWD
Other Expenses
-385m TWD
Net Income
1.7B TWD

Income Statement
Hwang Chang General Contractor Co Ltd

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Income Statement
Currency: TWD
Dec-2005 Mar-2006 Jun-2006 Mar-2008 Jun-2008 Sep-2008 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
Revenue
Interest Expense
102
117
0
31
61
86
113
95
79
60
40
34
25
25
30
31
33
32
29
33
40
50
54
58
61
63
65
66
61
50
42
33
27
25
24
22
19
18
17
16
17
15
14
14
15
18
21
25
29
33
33
37
40
43
53
57
63
67
67
66
66
71
80
86
90
88
77
74
70
68
64
68
65
70
Revenue
5 268
N/A
5 752
+9%
6 369
+11%
2 288
-64%
4 584
+100%
6 680
+46%
8 358
+25%
6 990
-16%
5 774
-17%
5 173
-10%
4 594
-11%
5 028
+9%
5 196
+3%
4 754
-9%
5 096
+7%
5 015
-2%
5 035
+0%
5 151
+2%
4 565
-11%
4 169
-9%
3 923
-6%
3 565
-9%
3 722
+4%
3 644
-2%
3 377
-7%
3 355
-1%
3 598
+7%
3 709
+3%
4 047
+9%
4 914
+21%
5 475
+11%
6 004
+10%
6 392
+6%
6 105
-4%
5 469
-10%
5 243
-4%
4 852
-7%
4 612
-5%
4 644
+1%
4 604
-1%
4 609
+0%
4 254
-8%
4 010
-6%
3 745
-7%
3 951
+5%
4 244
+7%
4 457
+5%
4 631
+4%
4 735
+2%
5 079
+7%
5 621
+11%
5 779
+3%
5 933
+3%
6 245
+5%
6 406
+3%
6 684
+4%
7 112
+6%
7 570
+6%
8 003
+6%
8 384
+5%
8 484
+1%
8 383
-1%
8 448
+1%
8 646
+2%
9 254
+7%
10 234
+11%
11 275
+10%
11 517
+2%
12 774
+11%
12 649
-1%
12 431
-2%
12 484
+0%
11 143
-11%
11 392
+2%
Gross Profit
Cost of Revenue
(4 873)
(5 334)
(5 940)
(2 195)
(4 426)
(6 547)
(8 207)
(6 866)
(5 735)
(5 040)
(4 757)
(5 182)
(5 295)
(5 171)
(5 120)
(4 982)
(4 931)
(4 738)
(4 243)
(3 921)
(3 758)
(3 421)
(3 591)
(3 539)
(3 265)
(3 205)
(3 415)
(3 517)
(3 831)
(4 621)
(5 073)
(5 552)
(5 902)
(5 670)
(5 235)
(5 038)
(4 703)
(4 560)
(4 486)
(4 447)
(4 454)
(4 072)
(3 844)
(3 610)
(3 799)
(4 159)
(4 825)
(4 989)
(5 094)
(5 348)
(5 410)
(5 624)
(5 778)
(6 070)
(6 230)
(6 431)
(6 839)
(7 267)
(7 931)
(8 305)
(8 395)
(8 312)
(8 067)
(8 219)
(8 725)
(9 478)
(10 266)
(10 418)
(10 558)
(10 250)
(9 446)
(9 298)
(8 711)
(8 812)
Gross Profit
395
N/A
418
+6%
430
+3%
93
-78%
158
+69%
133
-16%
151
+14%
125
-18%
39
-69%
133
+239%
(163)
N/A
(154)
+5%
(99)
+36%
(418)
-321%
(23)
+94%
33
N/A
105
+222%
413
+293%
322
-22%
248
-23%
165
-33%
143
-13%
130
-9%
105
-19%
113
+7%
150
+33%
183
+22%
192
+5%
216
+12%
293
+36%
402
+37%
452
+12%
491
+8%
435
-11%
234
-46%
206
-12%
150
-27%
53
-65%
158
+202%
156
-1%
154
-1%
183
+19%
166
-9%
135
-19%
152
+12%
85
-44%
(368)
N/A
(358)
+3%
(359)
0%
(268)
+25%
210
N/A
155
-26%
155
0%
176
+14%
176
+0%
253
+44%
273
+8%
304
+11%
72
-76%
79
+10%
89
+13%
71
-20%
381
+433%
427
+12%
529
+24%
756
+43%
1 009
+33%
1 099
+9%
2 215
+102%
2 398
+8%
2 985
+24%
3 186
+7%
2 432
-24%
2 580
+6%
Operating Income
Operating Expenses
(136)
(136)
(156)
(39)
(78)
(124)
(176)
(175)
(176)
(171)
(185)
(177)
(180)
(230)
(196)
(219)
(287)
(179)
(166)
(153)
(272)
(322)
(294)
(298)
(105)
(105)
(131)
(129)
(117)
(119)
(112)
(111)
(173)
(166)
(163)
(164)
(104)
(108)
(135)
(139)
(149)
(156)
(141)
(145)
(143)
(142)
(148)
(150)
(158)
(175)
(174)
(107)
(102)
(90)
(96)
(165)
(170)
(174)
(175)
(177)
(5)
(17)
(31)
(55)
(243)
(256)
(266)
(268)
(335)
(361)
(401)
(454)
(444)
(485)
Selling, General & Administrative
(112)
(118)
(145)
(39)
(78)
(124)
(176)
(175)
(176)
(171)
(185)
(177)
(180)
(230)
(196)
(205)
(273)
(165)
(166)
(153)
(272)
(322)
(294)
(298)
(105)
(105)
(131)
(129)
(117)
(119)
(112)
(111)
(173)
(166)
(163)
(164)
(104)
(108)
(135)
(139)
(149)
(156)
(141)
(145)
(143)
(142)
(148)
(150)
(158)
(175)
(174)
(107)
(102)
(90)
(96)
(165)
(170)
(174)
(175)
(177)
(5)
(17)
(31)
(55)
(243)
(256)
(266)
(268)
(335)
(360)
(401)
(453)
(443)
(484)
Depreciation & Amortization
(24)
(18)
(11)
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(14)
(14)
(14)
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
0
0
0
0
0
Operating Income
260
N/A
282
+9%
273
-3%
54
-80%
80
+47%
9
-89%
(25)
N/A
(50)
-102%
(137)
-171%
(38)
+72%
(348)
-816%
(332)
+5%
(279)
+16%
(648)
-132%
(220)
+66%
(186)
+15%
(182)
+2%
234
N/A
156
-34%
95
-39%
(107)
N/A
(178)
-67%
(163)
+8%
(193)
-18%
8
N/A
45
+463%
52
+15%
63
+21%
99
+57%
175
+77%
290
+66%
341
+18%
318
-7%
269
-16%
70
-74%
42
-41%
45
+9%
(56)
N/A
23
N/A
18
-24%
5
-72%
27
+457%
25
-9%
(9)
N/A
9
N/A
(57)
N/A
(516)
-805%
(509)
+1%
(517)
-2%
(444)
+14%
37
N/A
48
+30%
52
+10%
86
+64%
80
-7%
88
+10%
103
+17%
129
+26%
(103)
N/A
(98)
+5%
84
N/A
55
-35%
350
+541%
371
+6%
286
-23%
500
+75%
743
+49%
831
+12%
1 880
+126%
2 039
+8%
2 584
+27%
2 733
+6%
1 989
-27%
2 096
+5%
Pre-Tax Income
Interest Income Expense
(83)
(97)
(101)
(14)
(42)
(42)
(60)
(53)
(33)
(34)
(18)
(13)
(4)
(2)
(7)
(8)
(13)
(16)
(16)
(22)
(27)
(32)
(20)
(31)
(33)
(36)
(26)
(29)
(26)
(14)
(21)
(16)
(5)
(10)
(10)
0
1
2
1
(8)
(15)
(13)
(12)
(12)
(13)
(17)
(19)
(23)
(27)
(31)
(31)
(34)
(37)
(41)
(51)
(56)
(63)
(66)
(67)
(65)
(64)
(67)
(75)
(75)
(76)
(68)
(55)
(51)
(46)
(44)
(41)
(45)
(41)
0
Non-Reccuring Items
0
0
0
0
0
0
0
0
(17)
(17)
0
0
17
17
(14)
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
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
4
4
2
6
7
158
205
204
209
62
15
11
6
(2)
0
21
38
52
49
34
18
8
10
8
18
28
28
30
19
11
12
7
9
9
7
0
5
3
3
8
7
6
6
4
5
5
5
3
2
10
10
9
9
2
1
1
6
8
12
13
8
2
1
(0)
3
9
6
6
10
15
33
52
49
0
Total Other Income
3
(2)
(1)
(2)
(3)
(2)
(24)
(23)
(30)
(34)
(77)
(80)
(70)
(68)
(1)
1
10
(108)
(108)
(106)
73
196
188
201
16
15
200
215
242
255
69
60
56
42
102
104
100
151
86
84
42
(9)
(8)
2
14
13
8
(1)
(1)
1
4
4
5
8
22
23
27
23
573
577
573
574
13
(1)
(0)
2
9
24
26
28
12
89
91
112
Pre-Tax Income
183
N/A
187
+2%
173
-8%
45
-74%
42
-6%
122
+189%
96
-22%
78
-19%
(7)
N/A
(60)
-749%
(428)
-609%
(414)
+3%
(331)
+20%
(703)
-113%
(241)
+66%
(171)
+29%
(146)
+14%
162
N/A
81
-50%
0
N/A
(43)
N/A
(7)
+84%
15
N/A
(15)
N/A
9
N/A
52
+476%
255
+391%
279
+10%
334
+20%
426
+28%
350
-18%
393
+12%
378
-4%
309
-18%
170
-45%
146
-14%
151
+4%
100
-34%
114
+13%
102
-11%
38
-62%
12
-68%
11
-12%
(15)
N/A
15
N/A
(56)
N/A
(523)
-834%
(530)
-1%
(543)
-2%
(463)
+15%
20
N/A
28
+37%
30
+9%
55
+82%
52
-6%
56
+9%
73
+29%
94
+30%
416
+340%
427
+3%
601
+41%
564
-6%
288
-49%
295
+2%
213
-28%
443
+108%
703
+59%
810
+15%
1 870
+131%
2 037
+9%
2 587
+27%
2 828
+9%
2 087
-26%
2 208
+6%
Net Income
Tax Provision
(48)
(50)
(42)
(12)
(19)
(7)
(26)
(15)
(2)
(20)
30
26
16
52
14
7
12
(20)
(12)
(0)
(1)
2
(4)
(0)
(0)
(0)
(7)
(11)
(10)
(32)
(44)
(49)
(66)
(55)
(33)
(28)
(25)
(9)
(7)
(7)
5
0
(7)
(5)
(8)
(2)
0
3
7
0
0
0
0
0
0
(1)
(3)
(9)
(14)
(16)
(16)
(13)
(15)
(15)
(20)
(62)
(117)
(141)
(387)
(426)
(543)
(588)
(415)
(455)
Income from Continuing Operations
135
137
131
33
23
116
70
63
(9)
(80)
(398)
(388)
(314)
(652)
(227)
(164)
(134)
142
70
(0)
(44)
(5)
11
(15)
9
52
248
268
323
394
306
344
312
254
136
118
126
92
107
94
43
12
4
(20)
7
(58)
(523)
(528)
(536)
(463)
20
28
30
55
52
56
70
86
402
412
585
550
273
280
193
380
585
669
1 483
1 610
2 044
2 240
1 672
1 754
Income to Minority Interest
0
0
0
6
8
8
3
(5)
(17)
(22)
26
27
34
33
(14)
(13)
(13)
(3)
5
11
16
17
13
11
10
11
16
14
15
4
(15)
(22)
(28)
(28)
(18)
(11)
(6)
0
6
5
7
9
7
12
10
8
9
8
9
7
3
0
(4)
(12)
(16)
(22)
(24)
(28)
(33)
(31)
(32)
(27)
(31)
(31)
(42)
(61)
(75)
(87)
(78)
(52)
(26)
(12)
(20)
(43)
Net Income (Common)
135
N/A
137
+1%
133
-3%
39
-71%
31
-20%
123
+301%
73
-41%
58
-21%
(27)
N/A
(102)
-285%
(372)
-264%
(361)
+3%
(280)
+22%
(619)
-121%
(241)
+61%
(177)
+27%
(147)
+17%
139
N/A
75
-46%
10
-86%
(28)
N/A
12
N/A
24
+101%
(4)
N/A
19
N/A
63
+237%
264
+321%
283
+7%
338
+20%
398
+18%
291
-27%
322
+11%
284
-12%
226
-20%
118
-48%
106
-10%
120
+13%
92
-24%
113
+24%
99
-13%
51
-49%
21
-58%
10
-51%
(8)
N/A
17
N/A
(51)
N/A
(513)
-915%
(520)
-1%
(527)
-1%
(456)
+13%
23
N/A
28
+22%
26
-8%
43
+66%
36
-17%
34
-4%
46
+34%
58
+27%
370
+537%
381
+3%
553
+45%
524
-5%
242
-54%
248
+2%
151
-39%
319
+112%
510
+60%
582
+14%
1 405
+141%
1 558
+11%
2 018
+30%
2 228
+10%
1 652
-26%
1 711
+4%
EPS (Diluted)
0.39
N/A
0.39
N/A
0.81
+108%
0.11
-86%
0.09
-18%
0.22
+144%
0.21
-5%
0.17
-19%
-0.08
N/A
-0.31
-288%
-1.13
-265%
-1.09
+4%
-0.85
+22%
-1.88
-121%
-0.73
+61%
-0.53
+27%
-0.44
+17%
0.42
N/A
0.22
-48%
0.03
-86%
-0.08
N/A
0.03
N/A
0.07
+133%
-0.02
N/A
0.05
N/A
0.19
+280%
0.8
+321%
0.86
+7%
0.81
-6%
0.89
+10%
0.71
-20%
0.72
+1%
0.64
-11%
0.5
-22%
0.26
-48%
0.23
-12%
0.27
+17%
0.2
-26%
0.25
+25%
0.22
-12%
0.11
-50%
0.04
-64%
0.04
N/A
-0.03
N/A
0.03
N/A
-0.11
N/A
-1.17
-964%
-1.19
-2%
-1.2
-1%
-1.04
+13%
0.05
N/A
0.06
+20%
0.05
-17%
0.09
+80%
0.08
-11%
0.07
-13%
0.1
+43%
0.13
+30%
0.84
+546%
0.87
+4%
1.26
+45%
1.2
-5%
0.55
-54%
0.56
+2%
0.34
-39%
0.73
+115%
1.17
+60%
1.33
+14%
3.36
+153%
3.13
-7%
4.43
+42%
4.36
-2%
3.1
-29%
3.21
+4%

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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