TWO:6596

Kuang Hong Arts Management Incorporation · TWO · Communication Services · TWD · FY for 2025

Figures on this page computed 2026-11-07 16:50 UTC

Last close

n/aTWD

Market data

We are not showing closes for this listing. A line drawn through points we do not hold would look exactly like a listing that did not move.

  • 4.6xP/E

    Price / Earnings per Share (diluted)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
    • Computed from the filing for 2025
  • 44.9%ROIC

    NOPAT / Invested Capital x 100, where NOPAT = Operating Income x (1 - Tax Rate) and Invested Capital = Equity + Total Debt - Cash

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 23.1%Net margin

    Net Income / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 32.7%FCF margin

    Free Cash Flow / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • 0.05Debt/equity

    Total Debt / Shareholders' Equity

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • n/aDividend yield

    We do not hold this figure for this company, so there is nothing to place.

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed

A find tonight

The business including its debt costs 3.78 times the operating profit it filed, the free cash flow it filed is 29.6 percent of its market value, and earns 44.9 percent on the capital it has invested.

Value
73
Cheap
79
Sound
67
Unwatched
90

What stands out

  • Returns: earns 44.9 percent on the capital it has invested, which is better than 94 percent of the companies we rank in Taipei Exchange.
  • Price: the business including its debt costs 3.78 times the operating profit it filed, which is better than 100 percent of the companies we rank in Taipei Exchange.

What could make it a trap

  • The share count grew 14.1 percent in the last filed year, so your slice of it is shrinking.
  • Beneish's M is -0.74, above the -1.78 his model treats as worth reading the accruals for.
  • It is down 48.4 percent over the last year, and the market may be reading something the last filing does not show.

Why it is cheap

Except where said otherwise: Computed from the filing for 2025

  • Earnings yield20.9%

    Filed net income for the last annual period, over market value

    Source
    computed
    Fiscal year
    2025
    Taken on
    2026-11-04
    Reported in
    TWD
    • Computed from the FY for 2025
    • Market data, 2026-11-04
  • Free cash flow yield29.6%

    Filed operating cash flow less capital expenditure, over market value

    Source
    computed
    Fiscal year
    2025
    Taken on
    2026-11-04
    Reported in
    TWD
    • Computed from the FY for 2025
    • Market data, 2026-11-04
  • Price to book2.1x

    Market value over filed total equity

    Source
    computed
    Fiscal year
    2025
    Taken on
    2026-11-04
    Reported in
    TWD
    • Computed from the FY for 2025
    • Market data, 2026-11-04
  • EV to EBIT multiple3.8x

    Market value plus filed net debt, over filed operating profit

    Source
    computed
    Fiscal year
    2025
    Taken on
    2026-11-04
    Reported in
    TWD
    • Computed from the FY for 2025
    • Market data, 2026-11-04
  • Cash and equivalents against market value5.7%

    Filed cash and equivalents, over market value

    Source
    computed
    Fiscal year
    2025
    Taken on
    2026-11-04
    Reported in
    TWD
    • Computed from the FY for 2025
    • Market data, 2026-11-04
  • Return on invested capital44.9%Computed from the FY for 2025
    Source
    computed
    Statement
    income
    Fiscal year
    2025
    Reported in
    TWD
  • Altman Z-Score4.16Computed from the FY for 2025
    Source
    computed
    Statement
    income
    Fiscal year
    2025
    Reported in
    TWD
  • Piotroski F-Score6.00Computed from the FY for 2025
    Source
    computed
    Statement
    income
    Fiscal year
    2025
    Reported in
    TWD
  • Earnings quality (Sloan accruals)1.22Computed from the FY for 2025
    Source
    computed
    Statement
    income
    Fiscal year
    2025
    Reported in
    TWD
  • Consecutive profitable filed years4Computed from the FY for 2025
    Source
    computed
    Statement
    income
    Fiscal year
    2025
    Reported in
    TWD

Last close: Market data, 2026-11-04

The filed years, as a table

7

Each line is 100 at 2019-12-31, the first year we hold.

Filed yearSalesProfitShares in issue
2019-12-31100.0100.0100.0
2020-12-3160.438.8102.9
2021-12-3118.7-38.3107.0
2022-12-3179.60.7105.4
2023-12-3183.480.3106.4
2024-12-31107.393.3117.0
2025-12-31191.7320.0133.5
How sales was got
Source
computed
Statement
income
Fiscal year
2025
Reported in
TWD
How profit was got
Source
computed
Statement
income
Fiscal year
2025
Reported in
TWD
How shares in issue was got
Source
computed
Statement
income
Fiscal year
2025
Reported in
TWD

Figures behind the shape

Growth

26.0%

faster is higher, placed against 4,950 companies as of 2026-11-06

  • Five-year revenue growth rate26.0%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
  • Five-year EPS growth rate44.8%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
  • One-year change in net income243.1%
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed

Returns on capital

44.9%

higher is higher, placed against 5,089 companies as of 2026-11-06

  • Return on invested capital44.9%

    NOPAT / Invested Capital x 100, where NOPAT = Operating Income x (1 - Tax Rate) and Invested Capital = Equity + Total Debt - Cash

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Return on equity43.0%

    Net Income / Shareholders' Equity x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Return on assets23.5%

    Net Income / Total Assets x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025

Margins

37.6%

wider is higher, placed against 3,412 companies as of 2026-11-06

  • Gross margin37.6%

    Gross Profit / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Operating margin28.4%

    Operating Income / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Net margin23.1%

    Net Income / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Free cash flow margin32.7%

    Free Cash Flow / Revenue x 100

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025

Price

4.6x

cheaper is higher, placed against 4,362 companies as of 2026-11-06

  • Price to earnings4.6x

    Price / Earnings per Share (diluted)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
    • Computed from the filing for 2025
  • Price to book2.0x

    Price / Book Value per Share, where BVPS = Shareholders' Equity / Diluted Shares

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
    • Computed from the filing for 2025
    • computed
    • Computed from the filing for 2025
  • EV to EBITDA3.5x

    Enterprise Value / EBITDA, where EV = Market Cap + Total Debt - Cash

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Price to sales ratio1.1x

    Market Cap / Revenue, where Market Cap = Price x Diluted Shares

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
    • Computed from the filing for 2025
    • Computed from the filing for 2025

Safety

0.05

safer is higher, placed against 3,227 companies as of 2026-11-06

  • Debt to equity0.05

    Total Debt / Shareholders' Equity

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Current ratio1.66

    Current Assets / Current Liabilities

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Interest coverage3748.9x

    Operating Income / Interest Expense

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Altman Z-Score4.11

    1.2 x A + 1.4 x B + 3.3 x C + 0.6 x D + 1.0 x E (A=WC/TA, B=RE/TA, C=EBIT/TA, D=MktCap/TL, E=Rev/TA)

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025

What it pays out

37.2%

more, and better covered, is higher, placed against 1,091 companies as of 2026-11-06

  • Dividend yieldn/a

    We do not hold this figure for this company, so there is nothing to place.

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed
  • Payout ratio37.2%

    Common Dividends Paid / Net Income x 100, both from the latest filed fiscal year

    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • Computed from the filing for 2025
    • Computed from the filing for 2025
    • Computed from the filing for 2025
  • Dividend cover ratio3.8x
    Source
    computed
    Taken on
    2026-11-07
    Reported in
    TWD
    • computed

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Filed figures cite the filing they come from; figures marked Market data are quotes as of the date shown. Not a recommendation and not advice.

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