Business Overview
[[新光紡織]] (Shinkong Textile) 為[[新光集團]]成員，業務涵蓋紡織、零售及營建。紡織部門研發機能性布料，擁有自有品牌PULA；零售部門代理知名品牌 (如ART HAUS、ARTE White) 經營複合式選品店；營建部門進行資產活化與不動產租賃 (如士林舊廠開發案)。集團關聯企業包括[[新光金控]]、[[新纖]]。
Supply Chain
紡織事業:
- 研發設計機能布料，委外生產或自製，供應給品牌成衣廠
零售事業:
- 進口國際品牌服飾，透過[[新光三越]]百貨專櫃或門市銷售
營建事業:
- 資產活化，開發自有土地 (士林舊廠)
Customers and Suppliers
主要客戶
- 紡織: 國內外成衣品牌 (戶外運動、休閒服飾)
- 零售: 高端消費族群 (透過[[新光三越]]百貨通路)
- 不動產: 辦公大樓租戶
主要供應商
- 纖維原料: [[南亞]]、[[新纖]]等化纖廠
- 服飾品牌: 國外服飾品牌原廠
Financial Tables
Valuation Metrics (Share price $62.40 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 |
|---|---|---|---|---|
| 15.22 | N/A | 3.94 | 1.07 | 34.62 |
Annual Financials (Last 3 Years)
| 2024-12-31 | 2023-12-31 | 2022-12-31 | |
|---|---|---|---|
| Revenue | 4214.49 | 3382.95 | 3349.29 |
| Gross Profit | 1233.42 | 993.27 | 918.04 |
| Gross Margin (%) | 29.27 | 29.36 | 27.41 |
| Selling & Marketing Exp | 567.55 | 452.40 | 438.52 |
| R&D Exp | 37.28 | 34.95 | 29.69 |
| General & Admin Exp | 170.30 | 146.18 | 151.27 |
| Operating Income | 458.32 | 359.74 | 298.96 |
| Operating Margin (%) | 10.87 | 10.63 | 8.93 |
| Net Income | 869.01 | 648.95 | 2070.99 |
| Net Margin (%) | 20.62 | 19.18 | 61.83 |
| Op Cash Flow | 33.94 | 249.97 | 282.24 |
| Investing Cash Flow | -898.10 | 548.38 | -4.01 |
| Financing Cash Flow | 115.59 | -77.31 | -798.20 |
| CAPEX | -197.30 | -65.09 | -297.71 |
Quarterly Financials (Last 4 Quarters)
| 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | |
|---|---|---|---|---|
| Revenue | 1253.35 | 936.78 | 1063.76 | 1328.94 |
| Gross Profit | 292.39 | 270.67 | 292.96 | 398.31 |
| Gross Margin (%) | 23.33 | 28.89 | 27.54 | 29.97 |
| Selling & Marketing Exp | 136.65 | 143.01 | 138.45 | 163.62 |
| R&D Exp | 12.24 | 12.19 | 9.56 | 11.40 |
| General & Admin Exp | 45.68 | 45.40 | 38.92 | 50.01 |
| Operating Income | 97.83 | 70.06 | 106.03 | 173.28 |
| Operating Margin (%) | 7.81 | 7.48 | 9.97 | 13.04 |
| Net Income | 585.94 | 324.80 | 98.70 | 326.21 |
| Net Margin (%) | 46.75 | 34.67 | 9.28 | 24.55 |
| Op Cash Flow | 195.18 | -3.17 | 150.62 | 312.73 |
| Investing Cash Flow | 217.72 | -761.88 | -541.25 | -649.48 |
| Financing Cash Flow | -319.56 | 814.93 | 390.84 | 358.64 |
| CAPEX | -22.73 | -20.66 | -64.83 | -106.53 |